Member Info for RustinCohle

Haha I think the level of bitterness in dross is at critical levels. Nice to see him missing out.

Just had a listen and concur with the main thought's. His point about re-financing the company are critical in my view and are more important than anything else right now. The idea of some capital being injected by a larger company for equity here, is one that i think is certainly possible considering LEO's previous remarks, such as 'any further dillution will be accretive to the business'. I think a man who is used to building very large and serious oilers hasn't come to AIM to sit and draw a salary based on market placings. In my view he'd have already spoken with 3rd parties about potential moves while he was doing his due diligence here. Others are right that we are only in 'ramp town' here at the moment...but all the signs are suddenly pointing to an interesting few weeks.

Yeh it feels like we are just getting started here to me. Happy to hold till Leo is able to profit from his options at approx 20p ;-)

I love that people are automatically wary of this being another pump and dump or whatever. Just goes to show you what the years of games and ramped placings have done to PI confidence in this share. Could easily be a different story about to unfold here and i'm prepared to give it all one last shot.....

But as far as i can see the trend has now reversed. Final top up down here then holding long and strong

everyone on Earth will get one wrong sooner or later....

This has got upside written all over it at the price imho. It's priced very cheap, complete change in sentiment, new CEO and company re naming, new plans and outlook. Time to be speculating in my view.

yep, which will in itself bring in further investor PIs rather than traders. Which will actually be the thing that starts to see some appreciation in the share price here. That's the other thing about NR i suppose, the fact that he turned this into a trading share is exactly what kept 'sticky money' private investors away! Knowing that buying in and holding would only get you wrecked is it exactly what stopped people doing it...which then actually led to the price dipping at all. Self fulfilling prophecy so to speak. I do think that things here now are a simple case of get in or get out for the long haul - No false promises, no new leaks. Leo intends to build a company out of what he has here now, he wouldn't be here if he didn't it could be done - Simple as that for me. I'm gong to buck my trading trend and go back to an investment mind here. Topped up and looking forward to seeing where we are a year from now. Unless we get some major news i won't be posting here much anymore simply because it's a 'fire and forget' job now

Been reading the Q&A and liking the direction this company is looking to take more and more I notice that a lot of the backward looking questions are dodged which i put down to Leo not wanting to speak badly of previous decisions, which is in itself a classy and professional way to be. It does nobody any good for him to be running down NR and shows again that as far as he's concerned the future of columbus will be based on what he intends to do, not what others have done in the past. He's also a lot more open to the possibility of JVs and farm outs as potential avenues for the future, which is the main way i see the company really gaining some traction now. Farming out some equity on SWP/Cedros in return for not having to dilute or get further into debt will really see a return for SH's money in my opinion. Either way I'm liking this guy a lot and think that a year from now people will be looking back on these few months as a great opportunity. RC

i believe it's nearly £1m including the legacy ones currently. Personally i take on board everything you've said about the balance sheet. But everything has a price doesn't it. And the price that the market assigned to this company prior to the trading updates was 1.9 -2.1p (generally). The balance sheet was known to be just as dire at that time. So since then all we've had is good news with signs that everything is turning around... so despite the issues you point out, as far as i can see the 'price' should now be higher, given recent developments. How can something be worth 'x' based on a dire outlook, then change some of that outlook for the better (as significant amount i would add) and still only be worth 'x'. Doesn't make any sense to me whatsoever. As far as i'm concerned, our issue here is that AVIVA are still seen to be sitting on any potential rise so nobody will be buy in until that's not the case. Got an email from the company noting that they are aware this seems to be the case but they could not comment further. Personally i still think there are one or two surprises coming here in the next month or so.

you're not factoring in the carbon credits or licensing though LGB?

https://twitter.com/Sierra117_Jon/status/864098120958959620

grabbed some on support :-)

should be the new support level now imo.

yeh people on AIM have no patience that's all it is... don't even have to wait that long. H1 interims will show ever improving figures in the coming months. Personally i don't think AVIVA have been selling today, I think it's traders only. Wouldn't surprise me to start seeing some big buys gradually coming through now that the turn in the road has been confirmed. This is a great recovery play now imo..... Could easily bag or two from here within a year... people are too quick to think 'that's ages away!' so then they go and chuck their money at some useless rainbow stock and lose 30% in a week on it instead lol. Make your own choice but this price is low now in my view.

Sales up 100% Revenue up 131% Group EBITDA now positive across Q4 and Q1 17' - So if you go across years that means the last half year is profitable. Cash position addressed through another £0.5m facility from Andrew Black (as hoped) So essentially we've got a company here that the market priced at 1.9p - 2.1p BEFORE all that news when fundamentals were rock bottom. And now it's supposedly only worth 10% more? Nope, sorry - There's a disconnect here and i've topped up this morning. Value will out, it always does sooner or later.

why are you here then

if they want to take it private AB would have to buy enough shares at the highest price for a year which is a massive premium anyway. Placing on this market now wouldn't raise anywhere near enough money unless they did it for a huuuuuge amount, which they aren't going to do as they'd have done it by now and the BOD all have too much skin in the game at higher averages than this. Much higher. Results should show that the corner was turned in Q4 last year as you say and that 2017 is projected to continue in this way. They should also highlight the carbon credits impact which i don't think the market fully appreciates. In my view the price is this low through PIs not wanting to buy while AVIVA are around but if they ditch to below 3% we'll see a massive influx of buying. They don't have many left now..... on the right news they could clear.

Carbon credits are actually worth a total of £1m to HYR... that's all pure profit. The £250k announced the other day are just a portion, the legacy amount is closer to £1m i believe.

Expected to show a doubling of revenue/sales, a move to positive EBITDA in Q4 last year (projected to continue into this year). I've also been told that the figures will encompass the carbon credits so i think the turn around will be clear as day in the figures. Only issue is funding but i maintain that if Andrew Black has provided a facility all this time throughout the years of pain, to avoid his substantial shareholding from being diluted, why would he wait until we are finally profitable and then allow a discounted placing through well under his average. Makes no sense at all. As far as i am concerned, if the figures are as good as i expect them to be then this won't be on near all time lows for much longer. If they can address the funding as well, then it's off to the moon.