Highlands Natural Resour... Share Discussion Threads

[hitch19] 30/9/2016 15:46

The reason for the drop"deferred consideration equal to one half of the excess of the volume weighted average price ('VWAP') over 31 pence per Highlands share."Once the warrants clear there is no stopping this on good news.

[fission453] 30/9/2016 15:46

Bestest share for trading!

[tidy 2] 30/9/2016 15:26

Nice recovery

[tidy 2] 30/9/2016 14:52

RNS. Recovery time

[toby hall] 30/9/2016 13:55

I was a bit surprised by the drop, but looking at the chart earlier I guessed a retest of the 50 dma, which on my mini screen looks to around 30. The share price has bounced off the 50 dma on many occasions, so no biggy. I am expecting a slow move up now to have another knock at 40 ..... maybe today or early next week, but wtfdik.

[asusasus] 30/9/2016 13:43

Got my buy in price. Happy days.

[hjfe] 30/9/2016 13:38

Level 2 firmed up now - bottom reached for today?

[jacobengel] 30/9/2016 13:37

Guys whilst you decide in your destiny here, do some research on Armadale (ACP).I believe Shareprophets are about to release a story on them (they are shareholders) and the significant funding news released earlier in the week where African Mining Services are looking at investing $26.5m to gain 85% of the Mkopoto Gold project. They also commenced drilling on a significant Tungsten project where a neighbouring project was recently acquired by Toshiba for their cars. Huge activity in the Tungsten field and major players grabbing assets to protect price hikes.Shares went to over 3.2p earlier in the week and with the 50 and 200dma a significant golden cross formed...small amount of shares and when this stock moves it really shifts. 10p target for a market cap of £14m...DYOR

[jacobengel] 30/9/2016 12:59

HJFeI think people scan read the news this morning including the market makers hence the gap up at open ... When you actually read the RNS however anyone wraps it up, HNR have been guilty of over zealous timeframes and clearly this is pure and simple a delay.People think that doesn't matter but believe me HNR will need money and judging by the chart the fall could continue very quickly...Good luck.

[hjfe] 30/9/2016 12:52

Level 2 looking dreadful - no support at 30p. Looks set to continue falling this afternoon - surprised at this reaction.

[bobbyshilling] 30/9/2016 12:10

The original agreement with Schlumberger of 25/9/2015 was for five tests to be carried out and evaluated and it looks as though they originally expected that to be carried out within a year, starting last September. However, as we know these have been delayed, so there had to be a continuation of contract signed with Sclumberger, as the original had run out this month. Not a problem here as far as I can see, just a delay, which is actually par for the course with most things to do with oil and gas companies, in my experience anyway. It does not mean that we will be waiting a year, as results could still start to filter through any time because the company said they would keep us informed regarding progress.

[tidy 2] 30/9/2016 11:26

-- First well at Helios Two has been completed safely and on-schedule with encouraging initial data-- Highlands is now preparing surface facilities for commencement of the de-watering process to test the Muddy Formation for natural gas and helium-- Identified potential secondary resource horizon in the overlying Eagle Formation, where Highlands plans to drill a second evaluation well to assess commercial potential

[tidy 2] 30/9/2016 11:18

Shorts in process of closing. Should move when done

[new tech] 30/9/2016 10:45

Surprised at the fall as the Company seem to be doing everything they said they would.

[cliley454] 30/9/2016 09:34

classic tree shake, price will come back.
off topic take a look at ENGI. I posted some info on the bb.

[l0wrdr] 30/9/2016 09:25

Looks more like a triple top that a cup and handle but hey ho

[the destroyer] 30/9/2016 09:24

Looks like we're gonna move up....

[tidy 2] 30/9/2016 09:23

Check the 3 monthly, we have a cup and handle. I'm in.

[the destroyer] 30/9/2016 09:21

Probably a bit of panic selling, stop hitting etc.

On the other hand, there isnt much stock about for this share either.

[801710245] 30/9/2016 09:17

Is it a 'shake' or driven by the volume of sells? I suspect the latter.

[bad gateway] 30/9/2016 08:42

HNR rnsing that they're taking over the testing maybe not so good for the shareprice today but is a move forward if investors want dti tested imo.
Schlum and halliburton have laid off 30,000 between them first half of this year and schlums receivables now cover 130% of their revenues.
Dont think they've got the spare funds or crews for untested tech myself but do think the industry needs it to work.

[asusasus] 30/9/2016 08:31

Tiiiiiimmmmmmmbbbeeeerrrrrrrr!!!!

[asusasus] 30/9/2016 08:28

30p looms.