Zenith Energy Share Discussion Threads

[ravin146] 17/2/2017 15:17

Fair enough, tbh investors shouldn't believe a word on the bbs. well done nonetheless.

I believe this has still plenty still to go....it will prob have a breather soon...but that soon will be well before the first well result imo.

gd wkend

[thetoonarmy2] 17/2/2017 15:13

Only 25k on the offer at13.4p

[milliecusto] 17/2/2017 14:58

I think about £13m mkt cap currently..still plenty to travel yet

[sja123] 17/2/2017 14:45

Cheers scotty....it reads a little paranoid to me, as if the guy has major issues with Lenigas..

I was puzzled as to why he would write such a piece on a blog.....I know nothing about the site and even less about the writer's motives....but as it was all about Zenith, thought I should post it anyway...

Meanwhile, in the real world, ZEN marches on! :-)

[effiert] 17/2/2017 14:23

full ask being paid. can see 14-15p levels this afternoon in anticipation of first two workover news.

[hearts1] 17/2/2017 14:17

Relentless buying. Could easily take out 14 today.

[ravin146] 17/2/2017 14:05

toon glad to see you follow my intuition, though not sure I believe every word you type.

dyor.

[scotty666] 17/2/2017 13:52

Sja-I hold >3% in Gunsynd mentioned in that article and am 99% sure they won't be taking over ZEN anytime soon. It's a small investment company valued at ~1.5M so I'd assume the guerrilla is a being a bit of a monkey with that article :)

[thetoonarmy2] 17/2/2017 13:40

Ravin as per our other shares in similar "things I have picked another mill of Zen & Trinity over the last few days see double on both soon, had to do something with my EME payout not just PTR shares

[effiert] 17/2/2017 13:31

mms clean out of shares here. expect a afternoon surge to 14-15p levels

[aggieuk] 17/2/2017 13:22

I can't believe we are lagging behind Toronto! It's usually the other way round with any other share based in both markets!

[hearts1] 17/2/2017 13:16

Let's see if North America pushes on or comes back in line. Hopefully a move above 13p later today.

[milliecusto] 17/2/2017 12:33

25p a share will do

[scotty666] 17/2/2017 11:23

Investor relations are key for listed companies regardless of where you are in your development.

[zengas] 17/2/2017 10:26

Re the PR machine - the more shares held by firm hands the better here, that's why the PR machine should be going at every opportunity. You might find that the 31p and 42p Beaufort/Align price targets could actually be surpassed much earlier and price in some of the forward potential that is still to be drilled down the road (and my reason for not ignoring discussing it).

That's why I mentioned the Sound PR machine and how it had priced in some of the forward potential much earlier on last year before things actually happened. M/cap is bordering on £1b fully diluted. Has tested 2 wells with an in gas place estimate of 300 - 500 bcf but the PR machine has helped focus investors towards what's potentially beyond that with future drilling and rightly so. Placings have been at a premium also. 2 years ago it was a couple of pence now 95p such is the level of interest. (I didn't buy in until 52p and it was the PR and presentations that helped me eventually get my head around it - so without that continued PR would I have known about it or understood their potential and be one of those that took up the slack from some of the very cheaper holders who supplied the sales along the way in making a market).

If Zenith succeed here on the workovers then its time to really think about these fields producing serious oil again from all the undrilled development locations. There's been over 22 million barrels produced from existing well sites so the sand issues were not an overall problem or that amount of oil could never have been produced. When we get to the new development well drilling stage and tapping in to the 32 mmbo P2 reserves, we should be able to produce a significant pro rata factor as to how the 22m bls were produced as well as proving up more from exploration drilling.

That's the bigger story (ie just as Sounds forward pricing from last year) so imo the company want to keep the PR going at every stage and just maybe like so many other companies have done, actually price in some of that forward potential rather than just what we see as the target value on the workovers.

[zengas] 17/2/2017 09:19

aggie - have you seen the constant PR machine on Sound? Imo this has garnered a lot of investor sentiment and managed to keep investors on board with their story which they have delivered on to date with their first 2 wells.

[ravin146] 17/2/2017 09:19

fair enough, zengas. for me all focus should be on the success of the first workover. If you then discuss this topic after that result, if it was great, then i understand this topic comes into play.

atm, less than 20 days, based on the rns's...and counting imo.

[zengas] 17/2/2017 09:13

ravin - the discussion started with what it would do with $9m warrant cash and I mentioned the existing unused $20m loan facility.

The thing is the use of a 2nd rig will change the timescales compared to just using 1. Therefore the down the line programme imo becomes potentially a lot closer and can't be ignored in the scheme of things.

[dipla] 17/2/2017 09:09

Looks like we may hit 14p today. Rocket is about to fire off

[aggieuk] 17/2/2017 09:05

CPAP Man I heard from one of the share tipsters actually not sure which one, but that's not what I mean, I mean the pr at work, as in the UK investment show and Master investor show, all conducted well after the IPO. Why is he heavily promoting it long after the IPO when he can't dilute the company any more? There's got to be some reason, like I said before I'm invested but as I see it, he need not spend any money promoting us anymore as the shares are doing well and are going on the right direction. It seems it can only go upwards as long as the workovers go to plan, which they should do of course repalcing old worn out equipment with state of the art equipment.