Highlands Natural Resour... Share Discussion Threads

[rakepat37] 08/9/2019 09:22

Going to be a explosive month ahead ... great products and accelerating growth, also assets worth more than current market cap ...

[kemche] 07/9/2019 10:17

Again, borrowed from another place:

And if we really want to test the honesty of the Board then we will await to see how much of the following statement is true:

"The investments in the shares of the subsidiaries are long term holdings and supported by the underlying assets of the
subsidiaries. In the Board’s opinion, those assets and their future potential are such that no impairment provision is required against the carrying value of the investments in the subsidiaries."

The higher the impairment the bigger the lie.

[kemche] 07/9/2019 10:17

Borrowed from another place:

Notes 10 and 11 give the net asset values of the assets carried on the balance sheet and they show the following:

Note 10 shows the carried value for East Denver at £1.4m.
Note 11 shows the carried value of all the other guff at £3.4m (including £436k of patent values)

I am inclined to view both these figures as suspect and expect them to fetch a pittance when the entire charade will be finally exposed. At which point I fully expect the cheerleaders to inform us that it is all behind us and that there is a new Yellow Brick Road.

NT quite helpfully gives a couched hint as to the possible realisable value when he says in the latest RNS:
"The cashflow and the potential capital value of the East Denver project exceeds these liabilities but it is likely that the net future capital contribution to the Company from its natural resources portfolio may be limited in the absence of any potential upside from the earlier stage projects."

We are given a further hint that the totality of the sales price may be just north of $500k when he informs us:

"It is expected that any sale of the natural resources assets will generate sufficient surplus funds (after taking into account the liabilities above) to repay the bank facility."

So roughly a £4.4m write down and loss being flagged on the carrying value of the "assets".

Fundraising anyone?

[profit7] 07/9/2019 00:48

Google "CBD oil benefit"
All information on the Internet.

[profit7] 07/9/2019 00:47

#HNR are dealing with legal cannabidiol CBD,
Anything contains THC are not allowed in HNR business model, let alone Columbian rubbish.

[kemche] 06/9/2019 20:37

1kg of the finest Colombian - $100,000

Therefore $950m in three months.

[kemche] 06/9/2019 20:36

The dangers of drugs right there.
Just say no!

[profit7] 06/9/2019 20:34

Let's do a bit of research shall we.
For the sake of clarity!

1 kg of sugar is around 85p

1 kg of CBD cannabis is $3000 on wholesale price.

1000 kg sugar is £850

1000 kg CBD cannabis is whopping $3M.
Yep 3 million dollars.

Whoever thinks #HNR cannot sell 1000 kg of CBD in a year must be mad. Wholesale sale price.

Then comes the oil part of the business (Zoetic)

Minimum $100m dollar business by next 6 months.

Dyor

[kemche] 06/9/2019 19:15

Soros? Gates?

[nobullplease] 06/9/2019 19:14

Kemche, do you know who they are?

[kemche] 06/9/2019 18:54

Let me guess - they were seasoned professional billionaires. Am I right?
PMSL!

[nobullplease] 06/9/2019 18:22

Kemche, a group with a bit of clout took just over 5m, wasn't a bucket shop spiv, wasn't what you expected either.

[kemche] 06/9/2019 18:15

Do Optiva still hold the shares? That would be very telling indeed.

[cal57] 06/9/2019 18:11

Ye and Optiva took their fee in shares so must be confident.

[kemche] 06/9/2019 18:10

Was it close the last time you said it wasn't?

[nobullplease] 06/9/2019 17:52

I think they have highly motivated backers interested in a pure CBD play, backers who are looking to take CBD into new markets, on new platforms, thats why RP was bundled out. NT threw in a couple of quid today, sends a message out that a fundraise isn't close!

[cal57] 06/9/2019 16:45

What are you on about?

[kemche] 06/9/2019 16:37

For a PE ratio you need the E first you dimwit.

[profit7] 06/9/2019 16:29

Cal57
You should be in a pub celebrating your failures on stock market.

[profit7] 06/9/2019 16:28

Cal57
Read LSE BB.
You think your smart by using foul language.
I know how to use foul language, but not going to use it on personality like you.