Highlands Natural Resour... Share Discussion Threads

[costax1654x] 27/7/2018 10:26

Hnr is a proven one with revenue at 25 mil mcap,MATD has no revenue and an 60 mil mcap!If no oil.... you will end up in tears!

[tewkesbury] 27/7/2018 10:12

Petro Matad (MATD)

Fully funded six well high impact drilling program in Mongolia, total prospective resources targeted 850 MMBO, ranging from near field E&A to basin opener potential:

1) Snow Leopard-1 well (Block V)
- Spudded 19 Jul 2018, 70 days max to complete, "results end Aug, early September".

a) 90 mmbo recoverable from two main target depths (20 mmbo + 70 mmbo) ("Snow Leopard has 2 main target sections with c.90MMbo recoverable potential [mid case])"; plus

b) There could be oil in the shallow turbidite deposits opening up an extra 200+ mmbo play even before they hit the deeper levels. ("If shallow turbidite concept is proven then a large (200+ MMbo) combination trap play opens").

c) Additionally, there are "3 or more additional stacked pay zones identified as potential upside."

There are also 13 or 14 prospects/leads of up to 500 - 600 mmbo recoverable within 35 km of Snow Leopard 1 on their acreage. ("Success de-risks 14 prospects/leads with resource potential of c.500MMbo").

Slide 26: First Well 2018: Snow Leopard Prospect, Block V


2) Wild Horse-1 (Block IV)
- Spud Sep 2018, "results late Oct, early Nov".
- Targeting 480 MMBO.
- Named by Wood Mackenzie as in top 20 exploration wells worldwide to watch in 2018.

3) Block XX
- Near field Gazelle prospect targeting 13MMbo & rapid commercialization.
- Spud late Sep 2018, complete Oct 2018 (3 weeks).

- New Red Deer prospect, 48MMbo in a basin analogous to nearby producing basins in Mongolia + northern China, within easy reach of existing infrastructure.
- Spud late Oct 2019, complete Nov 2018 (3 weeks).

4) Fox-1 (Block V)
- Spud early Q2 2019.
- Mean prospective resource 200 MMBO. High-quality 3D seismic late 2017.

5) Fully funded
- Oversubscribed placing in Jun 2018 provided final tranche of funding for all six wells above and management participated in placing.

- Country already produces 21,000 BOPD (2017) from fields close to Chinese border, including from Blocks XIX + XXI adjacent to Petro Matad’s Block XX. Very attractive fiscal terms).

Presentation 26/3/2018:


Interview 30/1/2018:

[costax1654x] 27/7/2018 09:49

Will not be surprised to see 22 today

[costax1654x] 27/7/2018 09:39

Told you some snakes waiting to buy

[costax1654x] 27/7/2018 09:38

Is going to get back on 23-25 next days,those who sold at 20.17 today they better buy back,Otherwise they will kick their balls!Is a strong company not an Ukog style one

[costax1654x] 27/7/2018 09:27

Business as usual,while whe moaning,they get profit daily,and ED holes...are progressing

[costax1654x] 27/7/2018 09:20

Is getting a bit silly,snakes around ready to buy

[cal57] 27/7/2018 09:20

Dropped it 3.5% on no volume.

[costax1654x] 27/7/2018 09:05

Is no equity warrants in here

[letmepass] 27/7/2018 09:02

Sub 20p and more equity warrants

[costax1654x] 27/7/2018 07:22

Time to have a blue day!

[costax1654x] 26/7/2018 18:17

No wonder why newbies never make money!

[costax1654x] 26/7/2018 17:49

Today was a typical traders game!They want cheap!Curious today I've seen on Lse board some serious investors talking about Hnr!That part with the dividends took their attention!And they positively talking about CEO 's big holding,who's interested in a dividend as well

[cal57] 26/7/2018 17:48

Bloody ell mate your all over the place.How long have you been investing?

[costax1654x] 26/7/2018 17:43

Every company has a bad day,wait until next Friday

[soounder] 26/7/2018 17:28

I was promoting HNR for many weeks - what happened today changed my attitude from positive to neutral. Simply now I'm going to be very careful with this share. This is not my fault what happened here today, but I'm feeling the consequences ;)
Check my previous posts about HNR - all positives.

[thamestrader] 26/7/2018 17:27

I landed here because I am, despite my alleged 'deramping', interested in this company (oil/gas industry background). Eventually the shares will stop falling, and when that happens, I may well buy if the good news is still valid. My guess is this might be around 20p, perhaps next week, but this is not based on anything scientific (chart maybe? I'm a rubbish chartist), and there are alot of other variables. Meanwhile, sit back, watch and wait. IMHO.

And yes, I have some FTSE-100 companies, but not sure what this has to do with it. I also hold lots of non-FTSE-100 companies.

[coldspring] 26/7/2018 17:23

Message to sounder.....sell up then my friend if you cant hold your nerve then aim is not the place for you. Someone will buy in no problem as this will rise. We are going from 2 to 8 producing wells in less than 3 months time. Lots and lots of other irons in the fire.

[costax1654x] 26/7/2018 17:18

All upset investors can sell,but we all know that ED is a 10 mil revenue just for us for 8 holes only!if they drill 24????25-30 mil!We have cash in bank and monthly revenue!Your games here are pathetic ones,I do them daily in other chats with other companies!Why cause I want cheap!Is different when you buy at 20,sell at 25,and deramp at 25,to buy back at 21-22!But you deramping at 21,you make me laughing!

[costax1654x] 26/7/2018 17:13

Let's be serious,no many companies with revenue,and cash flow,with potential in the oil industry with mcap under 25 mil £!seriously all others are just promising,with dilution monthly!We might end up with almost 1 mil revenue per month!That will take the mcap over 100 mil.Forget about West Denver,nitrogen or other things,just East Denver can transform us big time!So Stop moaning!

[soounder] 26/7/2018 17:12

I'm going to be honest - I am worried now because share price lost like 2 weeks of solid gains in 2 days with not to many sales and with no bad news at all - this is simply suspicious behaviour and my survival instinct is telling me to reduce my holding as(if) this will recover to 25p. Before that I would never take into consideration selling anything below 30p. Unfortunately what happened today changed my confidence as some serious shenanigans with share price are behind the scene here...

[costax1654x] 26/7/2018 17:09

Ha ha,I see u have shares in Footsie 100 companies,and you landed here deramping!Why ?cause you want to buy cheap!!

[thamestrader] 26/7/2018 17:06

Shares that go down despite good RNSs coming next week are worth avoiding, IMHO.

[soounder] 26/7/2018 16:51

I didn't sold - the opposite I've bought more yesterday at 22.60p ;) as was thinking this was now secured level xD

[costax1654x] 26/7/2018 16:43

We drop from a rise to 24-25p back down to 21 and anyone would think the world has collapsed!Relax by next Friday it will hit 25 again!Don't forget we have only positive RNS coming