Zenith Energy Share Discussion Threads

[grannyboy] 10/4/2017 07:31

HO...Look there's been an update..and they are pleased to report it too...


WHERE'S THE UPDATE FROM THE WORKOVER AND THE PUMPS??????...

Has Andrea gone into hiding...

[aggieuk] 10/4/2017 07:13

Come on AC, get some proper bloody news out! The news best be good from the field, or else you'll end up looking like David Lenigas the second with all your ramping!

[oakville] 10/4/2017 00:18

Leaving for Italy in the morning. News hopefully soon.

[thelung] 09/4/2017 15:02

Pray tell, what questions have you asked of AC?

[grannyboy] 09/4/2017 12:32

It would appear that some posters are blinded by the 'talk the talk' (spiel)by the CEO, and refuse to see the need for 'walk the walk' action(results) from the w/o's, and instead of asking questions to the company they prefer to belittle others opinions and proclaim they are being filtered..

[dipla] 09/4/2017 10:16

Bad gateway are you shorting this stock?!Why Monday, sell it then!I'll buy some more LMAOFiltered bad gateway too

[ravin146] 09/4/2017 09:59

Badgetaway, press the sell button then you fool!Filtered

[bad gateway] 08/4/2017 11:23

ravin these aren't aim they're main market which won't help them if they have no news on workovers again monday. The market will be disappointed and sell but never mind you'll be able to blame it on posters with funny names and fake email accts and ignore the operational delays that are making the projected 1kbpd by next march look like a pipedream.

[zengas] 08/4/2017 09:36

Brasso - when I posted that, LGO were £15m cap as of their March 2017 presentation, aprox 400 bopd and 12 mmboe P2.

see here

They drew down almost $2m of debt and the share price took a tumble when they did a share placing on the 4th April. The m/cp isn't £9m - it's just shy of £12m with the new shares in issue.

Page 4 they plan to double production from 400 bopd to 800 bopd by year end subject to finance (financing done 4th April plus the remaining $6.5m of debt ceiling). Their P2 is 12 mmbo. They lost the Spanish field where they have done nothing in the last 10 years re production and that's up in the air as they lost it and have to re-tender for it. They had a few operational horrors and debt problems which hasn't been forgotten which has weighed on sentiment plus the fact the CEO runs Solo Oil PLC as well and has other interests, so not sure about focus/eye on the ball given their history here and how investors were nearly wiped out. I don't see the reason for a CEO to be running 2 separately listed UK PLCs and the salaries that go with it.

Saying that however - a 22p price target from their then 3.48p (pre 4th April dilution) ie 6.32X upside for LGO - so where does that leave Zens price target on 2.5 times the P2 and a similar possible target of 800 bopd by this year end ? Using the same 6.32X you get circa £100m for ZEN and 76p.

[ravin146] 08/4/2017 09:04

Rob this is the advfn bb, full of idiots hiding behind fake email accounts thinking they can not be traced if causing any controversy or manipulating public information.The advfn, LSE to name a few bb, just do not work for AIM sticks in that 99%of what is posted is bullshyt, with people thinking hiding behind fake email account and funny names will disguise them. The regulator certainly needs a review into AIM regulation and especially advisors on bb, apparently holding stock, providing research on behalf of the company and then stating no advice intended...really?!Gla, ignore the noise and filter as CPAP can't not moderate on this free board.

[brasso3] 08/4/2017 00:10

Zengas

ZENGAS5 Apr '17 - 13:41 - 1013 of 1067

What about LGO with 500 BOPD production (soon to be 550 BOPD), market cap of £9m and P2 reserves of 12m BOE?

[robg88] 07/4/2017 23:09

I think the acquisition in Azerbaijan is a massive achievement in itself from the ZEN team and I'm surprised people overlook this.

Especially as this is a refreshingly new story and only recently listed at 7p.

there are few, if any, oil companies with this level of production and confirmed oil reserves with such a low market cap.

a lot of dubious comments here today, if you are not happy sell. very simple. no one is forcing you to invest here.

[scotty666] 07/4/2017 21:29

He certainly hasn't over delivered thus far but hopefully they will learn some good lessons from the first set of workovers

[rameshh] 07/4/2017 19:45

All eye on this next week, maybe news before that...#ZEN #ZEE confirms participation in the Caspian Energy Forum on 12 April, 2017 In the CEO we trust...He believes this should be near 100p!He believes this is massively undervalued!He believes in the success that he will be paid in shares!He usually underplays it, and overdelivers!Imo, news will be due next week!Topped up today :)

[ravin146] 07/4/2017 16:09

Andy, I just asked a genuine question, hope I've not hit a nerve. Move on please.

[rameshh] 07/4/2017 16:08

Andy,Seriously, stick to ZEN here please.I assume you and westbywest or whatever he/she is called are not here to cause trouble by talking rubbish as I've seen you two on the CTAG board too.Keep it clean and on ZEN or I will filter you.Gla, top up time it looks like!

[andy] 07/4/2017 16:02

ravin,

Come on, why are you talking about CTAG on the Zenith thread?

[dipla] 07/4/2017 15:49

Grannyboy jog on, press the sell button if you don't have the patience. You still don't get the fact that there is one more pump to complete. Fool, filtered!

[ravin146] 07/4/2017 15:46

I've just asked the question, look forward to your response. Thelung, is grannyboy chatting shut again haha

[andy] 07/4/2017 14:51

ravin1464 Apr '17 - 11:31 - 993 of 1057 3 0
Andy and westbywest...aren't you the fools who've lost out on CTAG?

---

Firstly why are you referring to CTAG when I am posting about Zenith?

And if someone follows my post and makes comments you don't like, why are you referring to me about it? Why not refer to them?

[thelung] 07/4/2017 14:50

^^^^true to form^^^^

[grannyboy] 07/4/2017 13:59

What absolute rubbish being spouted on here...

"Yes news soon once last pump is done imo"


WHAT ABOUT THE WORKOVER ON 195?....WHATS THE FLOW RATES?...

IS IT TRUE THAT THERE'S BEEN ANOTHER BLOCKAGE AND THEY'RE WAITING ON GETTING FURTHER TOOLS??..

WHY NO RNS IF THIS IS THE CASE..

[honestcrook] 07/4/2017 13:38

This is certainly at top up time. In on for long term. CEO owns words extremely undervalued and he mentioned 100p. So lots of upside.

[ravin146] 07/4/2017 13:18

No worries.Yes news soon once last pump is done imo.Next week looks likely yes as forum is on the 12th I believe. Correct me if I'm wrong.I'll look to top up later too, once Canada opens, possibly Monday.Gla, imho