Member Info for shadow525

Could not agree more and whilst the last year has been extremely positive for the company, think this will pale in comparison with the expansion in production to come over the next few. However would not be surprised if a formal takeover bid does not come within the next 12 months IMO.

My opinion and not trying to ramp but firmly believe this will rise towards the 15p level before drilling commences as more speculators jump on board, but of no real issue either way as I am sure the majority of investors are now holding awaiting the outcome of the drilling campaign this year. Whilst investment is always a risk the upside potential here I believe is high. GLA.

Been watching this share for nearly a year now since it fell from 160p, think some progress on recovery has been made but still a big question over the USA, however that said might be time for a small investment at this price level as see more upside potential than down over the next 12 months. GLA..

Exactly 100% profit at this level, but as indicated before with Oil prices at these levels, strong growth forecast over next few years to over 35,000 bopd and DNO in the background, still a LTH and looking for nearer �2.50 per share, am only a buyer even at this level.. Believe this is still one of the best investments on aim for the future. GLA.

If oil prices continue to strengthen can see the SP going into the 150's, but still a very cheap price IMO for DNO to mount a formal bid later in the year especially given the reserves here and strong cash position personally looking for this one to reach at least �2.50 and probably a full floatation on the main stock market.

Nothing more than last few roughly every second month and last one 12th April, but if something to report could be earlier.

...and we will probably strike just in time for $80 a barrel if we get a move on,

As I have been invested here for over 6 months now and added more today obviously personally believe it is only a case of when, but as we still have to drill to find out still in reality an if but believe probability over the four wells is good.

Perhaps I should have added first bought in at 7.97 pence, but real game is if they find oil.

Are you watching the same share as me as this has gone from 11p mid April to just over or around 13p, and whilst it does show daily volatility with gains and losses trend over last six months has been up and IMO will continue onwards as we get near commencement of drilling. Investment however always contains risk but see the upside here greater than the down longer term.

Yes also think next announcement likely to be an operational update in June as we get near commencement of the first of the drills. However have added another 30,000 today at 12.8p as see the SP IMO probably creeping towards 15p prior to the spudding of the first well. GLA

Over the last 6 months the thing I think has changed in recent weeks is that the threat of dilution real or perceived has been greatly diminished with the deal on ED, and with the financial strength of $10 million in the bank the Helios project has made one huge leap forward in terms of time IMO and this if positive will be game changing for HNR. You could argue the last 6 months has in reality been a HOLD period for investors but I firmly believe this is a STRONG BUY now.

Personally always had HNR as a Strong Buy or Hold and am a long term holder and yes my broker did have this as a sell over the last few months and SP did fall over this period to 19p so in a way suppose he was correct. However personally believe this share is now way undervalued and prospects her are immense, Helios or DTU could change the sentiment here overnight and believe ii's will soon have this one on the radar. One thing I have learnt over many years of investment shares go up and down but real value wins in the end and HNR have lots of potential in their projects

Should have said especially with WTI approaching $70 a barrel.

With probably over $10 million in the bank, 5th well spudded and with no drilling costs albeit only 7.5% of future revenues on ED going forward but Helios and DTU to concentrate on, let alone repeat the ED model with further land is it just me who thinks long term the current SP at the moment is a crazy price. Making nearly 100% gain on my other main share Faroe Petroleum so tempted to take a little profit and invest more here Will watch closely but can see this one going back over 25p a share very quickly.

Whilst been watching the DNO buy in, forgot somewhat to watch oil price and see almost trading at $75 a barrel so all looking good IMO to break into the 140's after the holiday break. GLA

As i have held Faroe since 2011, trading a few here and there but always keeping a reasonable investment and with the potential here over the next few years personally believe the longer term value is at least double the current SP but only my view.

My local broker has downgraded this one again, seems to have got it right on his call to 20p but has now further downgraded on a sell recommendation to 15p, but will be holding for the moment

Had a few shares here but sold out at 56p for a very small loss (less than �100), mainly to invest in HNR which hopefully is looking positive going forward. Will continue to watch here but at the moment think downside outweighs up, really needs some good news. But GLA.

Whilst believe MATD is an excellent investment, unfortunately concentrating funds on HNR and Faroe at the moment will have to come back to this one later to add more. GLA