Highlands Natural Resour... Share Discussion Threads

[e j blythe] 16/6/2016 11:22

Looks fkd!!!

[falia] 16/6/2016 11:06

GUYS GET OUT A REINVEST IN MKA

[johndee] 16/6/2016 11:04

Looks like it. Only reason not to follow him on this one would be lack of funds.

I am in MKA.

[tracy_moore] 16/6/2016 10:55

Pleased for you falia, about time one of your ramps paid out.

[kreature] 16/6/2016 10:52

No sign of rocket since he was ramping this, calling for 1 pound?

[falia] 16/6/2016 10:50

GUYS MKA RISING AGAIN

[falia] 16/6/2016 10:30

MKA GUYS GET YOUR MONEY BACK

[tracy_moore] 16/6/2016 10:12

Thanks for the warning , another to steer well clear of.

[falia] 16/6/2016 10:10

MKA GUYS HUGE RISE COMING ,NEWLY LISTED NW UP 20%

[herschel k] 16/6/2016 10:09

That email response to the warrants issue is shameful.

No mention at all of the fact that they might not have the cash now, but in 3 months time (at the latest) finance would have been easy to obtain to exercise them, if the tech was successful, as the share price would be substantially higher.

Show me a finance company that wouldn't lend someone £7.5m for shares that could be worth £45m or more.......Diversion could cash out just 20% of them and pay the finance back immediately.

[ssnichani] 16/6/2016 09:47

Sold all 796k of mine yesterday/today and will never look back. For me it is all about trust which I have personally lost in the management team after the deals from yesterday that they claim they were busy with. Looks like sch after all may walk away which is my take on why they needed to raise the money via fire sale of warrants to go it alone with the testing. The II to me sounds none other than a bucket shop and the shares were churned to us gullible PI looking at the volume yesterday. There maybe attempts to RAMP to get the other two lots of warrants in the money but I very much doubt it after such a dismal deal and order of events yesterday. Sill best of luck for all those who are invested. Hope it works out for you all.

[falia] 16/6/2016 09:39

MKA GUYS NEW TO THE MARKET

[tracy_moore] 16/6/2016 08:47

tsmith2 16 Jun'16 - 08:41 - 7007 of 7008 0 0

Too much hot money...be careful.

??? LOl must be one heck of a satellite delay to your brain, like three weeks ish.

[olly2] 16/6/2016 08:41

Buyer's at this level. .

[johndee] 16/6/2016 08:41

Time to go long for you now, TW was totally wrong and this company has hardly begun yet. Lots of profits to be made here.

[tsmith2] 16/6/2016 08:41

Too much hot money...be careful

[loglorry1] 16/6/2016 08:38

I've closed the last of my short today at 30.75p. I still think the company is worth less than that but no point being greedy.

[johndee] 16/6/2016 08:20

TW has been wrong more often than right. High time people ignored him.

[herschel k] 16/6/2016 08:14

The response to the warrants issue is shameful.No mention at all of the fact that they might not have the cash now, but in 3 months time (at the latest) finance would have been easy to obtain to exercise them, if the tech was successful, as the share price would be substantially higher.Show me a finance company that wouldn't lend someone £7.5m for shares that could be worth £45m or more.......Diversion could cash out just 20% of them and pay the finance back immediately.

[tidy 2] 16/6/2016 08:06

Puts a bit of egg on the shameless sheriffs face :))

[paleje] 16/6/2016 07:59

Cheers effiert.

[effiert] 16/6/2016 07:36

Thelithanater
Posts: 37
Premium Chat Member
Off Topic
Opinion: No Opinion
Price: 30.13
07:10 Received this, this morning from Robert Price.

I thank you for your email inquiry and your excitement in Highlands.

This has been a very active week for Highlands with the announcement of two significant transactions as well as the release of annual results. Following the company’s multiple announcements yesterday, we have received investor inquiries requesting further information on Highlands’ activities. I would like to use this opportunity to personally provide clarity to shareholders on a number of Highlands’ recent activities.

Sale of Warrants
Several investors have inquired into the decision process behind Diversion’s sale of warrants in Highlands to an institutional investor. The warrant sale achieved three significant advantages for Highlands:
1. In the case that all warrants are exercised, the sale represents a potential fundraise of £7.5m, more than the company has raised to date. Such a fundraising would put Highlands it in a position to develop its assets without reliance on third parties.
2. The sale rebalances the capital structure: following the transaction, the current dominance of warrants over equities is reversed, making the company easier to value.
3. The sale increases the company's size and liquidity and therefore the potential investor audience.

Additionally, it is worth considering that the alternatives to a warrant sale by Diversion would have produced an inferior result. Specifically:
1. Diversion did not have the cash to exercise the warrants; absent a sale, Diversion would have relied on third party financing. Even if such financing was available, it would be inherently uncertain and likely to be on penal terms.
2. Diversion could have negotiated a cashless exercise with Highlands (i.e. surrendering warrants for a lesser number of shares) but this is dilutive and provides no financial benefit to Highlands.
3. Or Diversion could do nothing leaving a 30 million stock overhang.

I feel that it is also important to note that the sale of warrants does not represent a “cash-out.R21; In fact, I have not sold any shares or warrants since the IPO, and my share of the cash from Diversion’s sale is de minimis compared to my overall commitment to Highlands. On the contrary, I remain committed to and confident in the development of DT Ultravert and the other projects underway at Highlands. The sale of warrants is simply a mechanism for financing and accelerating Highlands’ core projects, including the deployment of DT Ultravert.

DT Ultravert Testing and Commercialization
Investors have also inquired about the scheduling of DT Ultravert testing by Schlumberger and Laramie II. As noted in the press release dated 10 June 2016, Laramie is addressing water-allocation logistics required to commence testing. Modern hydraulic fracturing operations typically require millions of gallons of water. Water logistics thus present a challenge ffor most oil and gas companies with significant fracking operations, particularly in arid regions of the western United States such as Colorado (where Laramie Energy II operates).

Operators carefully manage the acquisition and use of water, which can lead to a prioritization process among active projects. Our understanding is that Laramie II is currently managing such a situation, and that the DT Ultravert testing has been placed in a que of projects awaiting water, and that the project will be completed as soon as water is available – likely in July, or at the latest, September.
It is worth noting that the Schlumberger tests represent only one of many simultaneous projects aimed at developing, marketing and commercializing DT Ultravert technology. As noted in the 10 June 2016 press release, Domingo Mata has joined our team, and will bring his considerable expertise and relationships to bear on the roll-out of DT Ultravert. Additionally, Calfrac’s licensing of DT Ultravert may lead to significant recurring revenue streams from royalty payments. Further, Highlands is advancing conversations with more than 20 operators that are prospective candidates for refracking treatments using DT Ultravert. These combined efforts are likely to generate additional opportunities in the commercialization process.

Opera Investments Transaction
The Highlands team is very excited to begin working with Opera as well as several other significant helium industry participants to develop and commercialize the Helios Two project in Montana. We believe that Highlands shareholders should take satisfaction in the signing of Heads of Terms with Opera, as this transaction would reimburse Highlands for costs related to the Helios Two project while providing Highlands with 55% of a potentially significant natural gas and helium project. We expect to receive a Competent Person Report from RPS and will provide an update in due course. Additionally, Opera will pay Highlands a fee of $20,000 per month to manage the project.

I thank all of the shareholders who have taken the time to reach out to me and the Highlands team with questions around our recent announcements. We are excited about the significant developments reported yesterday, and feel that this is a positive time for Highlands and its shareholders.

Kind Regards,

Robert

[effiert] 16/6/2016 07:28

Thelithanater
Posts: 37
Premium Chat Member
Off Topic
Opinion: No Opinion
Price: 30.13
07:10 Received this, this morning from Robert Price.

I thank you for your email inquiry and your excitement in Highlands.

This has been a very active week for Highlands with the announcement of two significant transactions as well as the release of annual results. Following the company’s multiple announcements yesterday, we have received investor inquiries requesting further information on Highlands’ activities. I would like to use this opportunity to personally provide clarity to shareholders on a number of Highlands’ recent activities.

Sale of Warrants
Several investors have inquired into the decision process behind Diversion’s sale of warrants in Highlands to an institutional investor. The warrant sale achieved three significant advantages for Highlands:
1. In the case that all warrants are exercised, the sale represents a potential fundraise of £7.5m, more than the company has raised to date. Such a fundraising would put Highlands it in a position to develop its assets without reliance on third parties.
2. The sale rebalances the capital structure: following the transaction, the current dominance of warrants over equities is reversed, making the company easier to value.
3. The sale increases the company's size and liquidity and therefore the potential investor audience.

Additionally, it is worth considering that the alternatives to a warrant sale by Diversion would have produced an inferior result. Specifically:
1. Diversion did not have the cash to exercise the warrants; absent a sale, Diversion would have relied on third party financing. Even if such financing was available, it would be inherently uncertain and likely to be on penal terms.
2. Diversion could have negotiated a cashless exercise with Highlands (i.e. surrendering warrants for a lesser number of shares) but this is dilutive and provides no financial benefit to Highlands.
3. Or Diversion could do nothing leaving a 30 million stock overhang.

I feel that it is also important to note that the sale of warrants does not represent a “cash-out.R21; In fact, I have not sold any shares or warrants since the IPO, and my share of the cash from Diversion’s sale is de minimis compared to my overall commitment to Highlands. On the contrary, I remain committed to and confident in the development of DT Ultravert and the other projects underway at Highlands. The sale of warrants is simply a mechanism for financing and accelerating Highlands’ core projects, including the deployment of DT Ultravert.

DT Ultravert Testing and Commercialization
Investors have also inquired about the scheduling of DT Ultravert testing by Schlumberger and Laramie II. As noted in the press release dated 10 June 2016, Laramie is addressing water-allocation logistics required to commence testing. Modern hydraulic fracturing operations typically require millions of gallons of water. Water logistics thus present a challenge ffor most oil and gas companies with significant fracking operations, particularly in arid regions of the western United States such as Colorado (where Laramie Energy II operates).

Operators carefully manage the acquisition and use of water, which can lead to a prioritization process among active projects. Our understanding is that Laramie II is currently managing such a situation, and that the DT Ultravert testing has been placed in a que of projects awaiting water, and that the project will be completed as soon as water is available – likely in July, or at the latest, September.
It is worth noting that the Schlumberger tests represent only one of many simultaneous projects aimed at developing, marketing and commercializing DT Ultravert technology. As noted in the 10 June 2016 press release, Domingo Mata has joined our team, and will bring his considerable expertise and relationships to bear on the roll-out of DT Ultravert. Additionally, Calfrac’s licensing of DT Ultravert may lead to significant recurring revenue streams from royalty payments. Further, Highlands is advancing conversations with more than 20 operators that are prospective candidates for refracking treatments using DT Ultravert. These combined efforts are likely to generate additional opportunities in the commercialization process.

Opera Investments Transaction
The Highlands team is very excited to begin working with Opera as well as several other significant helium industry participants to develop and commercialize the Helios Two project in Montana. We believe that Highlands shareholders should take satisfaction in the signing of Heads of Terms with Opera, as this transaction would reimburse Highlands for costs related to the Helios Two project while providing Highlands with 55% of a potentially significant natural gas and helium project. We expect to receive a Competent Person Report from RPS and will provide an update in due course. Additionally, Opera will pay Highlands a fee of $20,000 per month to manage the project.

I thank all of the shareholders who have taken the time to reach out to me and the Highlands team with questions around our recent announcements. We are excited about the significant developments reported yesterday, and feel that this is a positive time for Highlands and its shareholders.

Kind Regards,

Robert