Highlands Natural Resour... Share Discussion Threads

[fission453] 20/6/2016 11:45

ZENGAS 30 Jan'13 - 09:40 - 20 of 5312 0 0

Just thinking about the revenues for 2012 HG (posted on the other thread)

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Highly Geared 30 Jan'13 - 08:28 - 1440 of 1444 0 0

Consensus seems to be for c.£40 million this year, so forward PE ratio of 2.5 for a growth stock. Go figure...
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2011 Full year Results
88,224m drilled = $43.8m and a net profit of $2.8m.

3/9/12 RNS
57,997 meters drilled in H1 2012 = $28m revenue = net profit of $0.7m.

30/1/13 (todays RNS)
A total of 147,126m were drilled in 2012 = potential total 2012 revenues $71m.

3/9/12
"The rig fleet is in place, manpower hired and skilled, base camp constructed, and now with the appropriate operational management at the helm, we are fully prepared to accept third party contracts and increase the clientele of the business. I look forward to announcing the signing of third party contracts in the latter part of this year".

Contracts indeed signed and potentially with 2 of the biggest names in China and the world. They couldn't have started off the 3rd party contracts/trial with any bigger signings.

Sinopec is the 5th and CNPC is 6th largest companies in the world. Maybe the significance of a foot in the door with these oil and gas corporations and their world wide operations is lost on some regarding future potential and expansion, not only in China but outside of it as well.

superg1 30 Jan'13 - 09:53 - 21 of 5312 0 0

Thanks Zen some good figures to work off there.

superg1...you were mates with ZENGAS back then?????

[fission453] 20/6/2016 11:32

superg1..thanks for your input but however....where you not pumping IOF to high heavens?

[crapcrap] 20/6/2016 09:59

i was trying to be nice. lol

[zengas] 20/6/2016 08:34

give it a rest superg - you won't get any marks for coming on talking hindsight. Iofina was a disaster and still is.

[superg1] 20/6/2016 08:22

Just like our disgreement on GDL then. Iwas spot on BTW as all involved know.

BTW

Mendell shouldn't be in the UK floating a company ask the nomad, they are probably aware by now and frowning somewhat (not me asking them I just hear these things). He also has some serious issues. I checked him out and his history years ago.

[letmepass] 20/6/2016 08:17

How low can this go

[zengas] 20/6/2016 08:05

superg I was pulling your leg, i'm aware of the 3 main alternatives, but it's DT that's potentially more effective.

[kirk 6] 20/6/2016 07:57

Big early boom this morning

[superg1] 20/6/2016 07:35

Tracy

The only reason Helium hasn't been of interest for decades is due to the US federal reserve built up for the war. That Helium provided most of the world supply cheaply. It was only when they were going to stop the supply that the problem significantly raised it's head.

The HNR Helium level is below many already existing Helium levels in some US proven large gas resources. HNR is not even yet proven as a decent gas resource and it would have to be substantial to make Helium processing viable.

HNR are kidding the market on the Helium hype. They picked up a dirt cheap non runner and and pushing it as a possible. Hype hype hype then they dropped the bombshell.

That helium play will never appear it's BS. TW is absolutely right on this occasion and he is trying his best to warn you folks.

Me praising TW is more rare than Helium, virtually unheard of, but in the fog of misinfo which BTW he is probably fed as true by others in many cases, he does dig out some good information. The market is stuffed full of misinformation.

Here you go some crooks at work nicking PI cash as I type.

hxxp://www.directional-solutions.com/Home/

PIs getting screwed by what is clearly a fraud (FCA informed) that is hot off the press I'm not sure anyone in the UK is aware. So spread the word and no doubt many PIs (perhaps some here) have already been caught.

[superg1] 20/6/2016 07:10

Look up Accesfrac and pressure sink mitigation, its all about Haliburton divert techniques and new methods which are already proven and have been tested.

A 4 well pilot program in Texas gave a 62% EUR uplift.

As for Hleium then it's not just me saying no chance re HNR but someone who is probably the lead in the US on the topic.

I'm sorry to say it but it just seems to be a raid on London for benefit of those in the company by hyping up topics and shockingly poor acquisitions which investors have little understanding about.

Has there been some cashing in already on that front.

I'll have a look for other divert tech wehn I get the time.

I recall the Nanao hype about being the only cadmium free dots (untrue), Linked up with a world leader then same old same old.

We all know how the GDL tech (with some news lies) caught the imagination of investors.

For me this is virtually nailed on fail and potentially fatal matters as yet not out widely there.

[tracy_moore] 20/6/2016 07:00

Helium is running out, so surely the processing costs are going to be irrelevant as the price of the gas will increase substantially.

[superg1] 20/6/2016 06:50

Zengas

I took divert to be blocking of existing fracture to facilitate further fractures elsewhere, IE I took that the existing fractures soak up pressures thereby preventing effective reworking of wells.

I've only had a very brief look but here is one from Halliburton to close off existing fractures pre rework.

www.halliburton.com/public/pe/contents/Data_Sheets/web/H/H08003.pdf


On the Helium side there are many Helium resources over and above the .36% HNR have and they are not exploited. As I said the costs of processing helium is expensive and can often involve many processes. Cut off points I have seen start at .3% but to be viable you need a massive gas field.

EG Denbury exploited Riley ridge field at 250 bcf of estimated gas helum concentrations similar to HNR. In an acquisition surrounding that they picked up a Methane and Helium processing facility already being built for $306 million.

[barnes4] 19/6/2016 23:02

Are you kirky off corrie?

[kirk 6] 19/6/2016 20:17

Eh? Stocks don't just go straight to zero lol trade the waves.

[effiert] 19/6/2016 20:08

worth a trade on a fiddle? that makes sense.

gl

[kirk 6] 19/6/2016 19:08

Blast over 30p tomorrow

[kirk 6] 19/6/2016 19:07

Yep bought in Friday 70k shares at 23.55 and 23.6. Worth a trade.

[effiert] 19/6/2016 18:30

No longer a FIDDLE?


Highland Natural Resources - Fracking Diversion Tech - HNR
kirk 6 - 17 Jun 2016 - 07:21:43 - 7074 of 7160
Haven't they just lowered the price? This seems like a fiddle. If the price drops again they will probably lower it

[kirk 6] 19/6/2016 17:31

Exciting day tomorrow likely here race over 30p. May well spike in the 40s