Highlands Natural Resour... Share Discussion Threads

[johndee] 15/6/2016 08:55

LOL. Your posts are not likely to influence the share price downwards. Maybe your posts are illegal.

[wshak] 15/6/2016 08:51

Zengas,

Opera is a separate listed PLC - You can't argue with another already listed company paying us £20k/$30k month for an asset you said was worthless. Even if our shares in Opera are worth £500k, £1m or £4m - it's value ! That's a matter for Opera investors if they invest in that company.

From the RNS:



Finally, the Acquisition will be subject to conclusion of the parties' due diligence, and the parties entering into final documentation including an acquisition agreement. It is expected that for the first 12 months following the Acquisition, Highlands will provide its expertise and management services to Opera in return for a management fee of £20,000 per month.

The cash value of these payments is £240K, IF Opera manage to raise US$750K in a fundraising, the majority of the £240K will be effectively coming from HNR itself as it will be the majority shareholder as this is a reverse takeover. For all we know, HNR will also provide a good chunk of the US$750K in the fundraising, as that would be the best way to keep an inflated value on Opera shares.

I'm sorry. I see absolutely no value in this transaction at all. It isn't at arm's length, and it is a case of smoke & mirrors, IMHO. If HNR were actually being paid in cash, you'd have a point. This is merely corporate nonsense which, obviously, confuses the average retail investor. It is very common amongst AIM companies, but HNR have brought it to the main market.

@WShak1

[ssnichani] 15/6/2016 08:45

Wshak desperate again is the good sign. He known she just has a few hours to close or burn yet again. The last time Wshak was desperate we saw the run up to all time highs.

[andrbea] 15/6/2016 08:45

good post Zengas
about time sanity returned
we have the diverter, helium, uranium, well tests to come, the interest of Great Western, and now backing from main market opra (to add to Calfrac and Sch.)
it just gets better and better
roll on a £1

[perch3] 15/6/2016 08:38

cheerio then WShak

[zengas] 15/6/2016 08:36

Wshak

Opera is a separate listed PLC - You can't argue with another already listed company paying us £20k/$30k month for an asset you said was worthless. Even if our shares in Opera are worth £500k, £1m or £4m - it's value ! That's a matter for Opera investors if they invest in that company.

To my knowledge OPERA itself, is looking at other assets - of which we at HNR will also benefit from.

I suppose the next deal re Uranium will also be met with being worthless.

Or gas prospect/Rohweder well test ?

[wshak] 15/6/2016 08:33

All,

I'll leave you all to take the shares where you want in the short term - I've pointed out the reality of the situation. I believe there are some amongst you who know full well what is going on here, so everyone's views need to be taken with a pinch of salt, I'd suggest.

@WShak1

[johndee] 15/6/2016 08:28

LOL. The de-rampers are moronic, if they were buying they would be making money.

[birotop] 15/6/2016 08:25

Wow - ending your posts @WShak1....

[keya5000] 15/6/2016 08:25

Damned if they do damned if they dont!

It looks like good common sense to me, retain 55% but put the onus of development into a ring fenced vehicle.

Raise the cash needed through such and leave the parent unscathed.

Like it, less free shares coming to the market to dilute the DT project yet the helium project develops.

I can see why the derampers don't like it.

[wshak] 15/6/2016 08:23

Zengas,

Last month you were saying the Helium deal was worthless - well nothing wrong with £20k/month income or shares in Opera.

The shares in Opera are worthless, as you well know. It is nothing more than a shell, with a tiny bit of cash. The £20K/month is going to come from shareholders of Opera (er, which is largely HNR after the reverse takeover), so it's meaningless.

It's like me setting up a business and agreeing to pay myself £20k/month. It means nothing. I suspect you know that, though.

@WShak1

[johndee] 15/6/2016 08:20

The market has it correct, a great buy and a great company.

[paleje] 15/6/2016 08:17

OPRA need to raise money, it's smoke and mirrors, Wshak summed it up.

[chiva20] 15/6/2016 08:16

Further value enhancement and degrading of your argument wshak1. Hard for you to accept best keep a low profile till it blows over you might come across desperate

[zengas] 15/6/2016 08:13

Regardless - The shares come from Opera and the £20k/month comes from Opera - an already listed PLC.

Last month you were saying the Helium deal was worthless - well nothing wrong with £20k/month income or shares in Opera.

[zengas] 15/6/2016 08:03

Opera acquiring Highlands helium subsidiary for £4m and HNR also get a management fee of £20k/month

[monkeymonkey] 15/6/2016 08:02

looks like they liked the news

[tracy_moore] 14/6/2016 13:36

Clearly my point went whoooooooooooooooooosh , right over. LOl not a surprise.

[johndee] 14/6/2016 13:32

Little point in paying a sub to ADVFN unless making an income from it.

[fission453] 14/6/2016 12:36

Perhaps not but still fickle!

[tracy_moore] 14/6/2016 12:35

Bit harsh , he's not quite as bad as Bobby, bit naive with his stories yes, but not as feral.

[fission453] 14/6/2016 12:33

Of course you are an idiot!

Just like BR!