Billionaire Boys Club Member Forum (BBCMF)

[mick]

$HNRC The company achieved a net asset value (NAV) of $0.20c per share in Q3 2024. \\// The appraised value translates to approximately $1.00 per share as of September 30, 2024.
https://hnrcholdings.gcs-web.com/news-releases/news-release-details/houston-natural-resources-reports-q3-2024-financials-period
Additionally, the company reported successful milestones including:

Acquisition of Cunningham Energy, LLC:

Achieved 100% ownership of Cunningham Energy, LLC.
An independent engineering firm assessed the Oil & Gas Assets of Cunningham Energy, determining an appraised value of $352 million as of December 31st, 2022, based on a 68 well drilling program.
The appraised value translates to approximately $1.00 per share as of September 30, 2024.