Member Info for zanmantate

https://www.bloomberg.com/news/articles/2018-06-07/glitch-hits-london-stock-exchange-open-on-thursday

Haven�t been able to take the live copper chart off the side of my screen the last two days, great to see! And even better to see the excitment replicated here. Big afternoon

Been absolutely manic at work so haven�t been following day to day action so closely recently. But from a brief read now and then I echo everything which Fad, Hopeful, Steady and a few others have said. In terms of today�s price action, it�s funny I was having a look last night and thinking we may not see too much excitement SP wise. At least till the nitrogen drilling but probably till end of July when PB warrants expire. Next day we�re up 10%. Shows you the unpredictability of small cap shares, and the only thing you can count on is fundamentals. Research an undervalued company with a bright future, invest, then wait. ATB all

Great RNS and hats off to the MTR team working tirelessly in the background while all our eyes were on MOD (mine were at least). Worth noting that (putting a pin in the 30% JV and the millions of shares we hold in MOD) any clone dome/seven sisters hits we get over the coming weeks and months through MOD will automatically increase the market value of the Kalahari deal imo. A few hits over there and the likelihood of something similar only increases for this similar play. Could get very tasty very fast

Jeez, these last two hours of trading have been bizarre even for MTR. I�ll leave any inferences from that to the more experienced folk! I wanna say it bodes well somehow though :) enjoy the weekend all

Share options granted to directors at 13p.

Johnny, try looking at the revenue post 30th of September, I think you'll find that a lot higher. If you look at some of the other announcements you'll see we started producing oil in November. HNR was a completely different company in mid 2017. Since then we have developed cash producing assets which will continue to provide us with revenue well into the future. Plus, you know, the $10m sitting in the bank.

Good grief, what an absolute shocker of a thread this is. Yes we have outgoings, but we also have had and will continue to have revenue. $10m will be depleted over time, but used to invest in value adding projects. The company doesn't build projects for 'sp return'. Its building solid foundations for a long term company. You may be right on your 17p call, hopefully for us holders the tide will turn soon.

Indeed, credit to those smart folk on twitter for that theory. If not tomorrow, it won't be long after :)

Intra day RNS of the annual report, you�d think that would be pre-timed at 7am the following day it�s ready. Unless they�ve got another RNS earmarked for for that spot? MOD consolidation tonight is it? Sleep well all :)

No doubt there's risk, but you are invested in a small cap oil and gas company. I think this comes down to my age old point of trust in the BOD. We haven't seen the technical specs, CoS, NPV etc of this drill, however I believe we have a great technical team (which delivered our first top 3% wells in east Denver) who can deliver. Unlike others, who for their own reasons don't, I also have faith in RP and the management inside HNR. I personally don't invest in a company if I don't trust the big guy at the top which is why I've parked a fair amount of long term cash here. I'll pretend I didn't see your last comment about curtains, don't have the strength to explain why thats over dramatic. Tapping someone else in.

Very low cost of drilling for potentially high reward. Good to see the lump sum of money from our last DTU test as well. With a few more details of figures.

Good post bonks. Lol at the Greece hits, TW needs to invest in a VPN! As predicted, all sells nicely mopped up and we finish level. Interesting night tonight

Its a hilarious article, they say they continue to consider mtr undervalued however you should sell them just as things are getting started to buy into another one of there pumps. Of course, we know who will be the buyer of all these shares being sold for no fundamental reason. I've never before seen such an obvious attempt to shake PI's and mop up their shares. Quite the opposite to its intention, its given me even more conviction in the prospects here.

Some other interesting reads: http://www.scmp.com/news/china/diplomacy-defence/article/2148179/china-russia-set-show-support-iran-nuclear-deal https://in.reuters.com/article/iran-nuclear-india/india-wants-iran-nuclear-deal-partners-to-engage-after-u-s-pullout-idINKCN1IT1IP Looks to be strong support across the globe for the Iran deal to proceed

Afternoon all, When this was spoken about a few weeks ago I expressed my support for a single dividend. As RKB has illustrated, it would be relatively low cost to implement, and have a 2 fold effect on the SP imo. The first is the obvious price movement from a positive update such as releasing a dividend. The second is it would be a big incentive for II's to jump on board (of which I believe theres been a big push for recently). Exposing them to not just capital gains, but also dividend gains. However while a nice idea, I don't think its going to happen (happy to be proved wrong). ATB

Agreed. Good to see them come out and state for certain, none of the sanctions effect our proposed products or services. From that, it should be just be a mater of time to remove any lingering doubt from supplier and customer minds.

Trump pulls out of North Korean summit and says the military are ready - https://trib.al/9sy6i5k Does the US really want to be fighting battles on multiple fronts fronts (NK, Iran and others)? Dangerous times geopolitically. Am I right in recalling we're expecting an official statement from the EU tomorrow regarding their stance on the Iran deal and US sanctions? Be nice to see them come out and say they're sticking up for European businesses, hopefully WSG have already clarified this come 7am tomorrow. ATB

Not followed too closely recently due to other commitments (not missed much by the brief look of the comments recently). No doubt its tough times below 20p, and makes you question all the reasons you bought in. Some, as we have seen will bail here, which is a perfectly acceptable action. For me it is these times where I sit on my hands to prevent me from doing something I will regret in a few months time. I had this with SDX at 46p last month and last week with MTR at 1.9p. �22.5m MCAP. Excluding cash thats �15m being attributed to all future East Denver revenue, the whole Montana play (huge acreage, helium, gas etc) and the proven game changing DTU technology. Thats forgetting the contacts and reputation we've made in the O&G industry, our great team and expertise. Everything looks bleak when the SP is low and falling. Best of luck to everyones investment choices (except if you short HNR, I withhold my well wishes for you)! I'll be holding long into the future.

Agreed, thanks for the estimations all.