Zenith Energy Share Discussion Threads

[aggieuk] 13/4/2017 07:25

BCN used to RNS at 1300-1400 to coincide with the TSX opening.

[grannyboy] 13/4/2017 07:18

When they say $2 billion NAV thats what the p2 oil in the ground is worth..

[grannyboy] 13/4/2017 07:15

Well no 7am RNS, but they have put some out half hour later..

[thelung] 13/4/2017 07:03

More than 100 BOPD? You're expecting a 50 fold increase in output from M-195? I still think I'm a rank amateur after 10 years but fm.......

[grannyboy] 13/4/2017 06:58

Do they class Canada or the London as their main base?.

Because if its Canada they would have gave an update last night?

[11smith] 12/4/2017 23:02

I am out temporarily on account of the vague RNS and what may prove to be false promises. If there is no good news tomorrow I suggest I am right - false promises. Also taken in by the March 1st announcement stating $614 Million profit for March - December last year when I first invested. I thought it was true. Luckily sold half my investment for a good profit on the initial rise. But the recent underperformance and absence of news as promised is like a kick in the teeth. I really did think there was a good chance of a multi-bagger here and the $2 Billion NAV could be justified. If it is good news tomorrow I am back in heavily but I will always be a little sceptical and cautious. ....by good news I mean more than 100 bopd. How else can the target of 1000 bopd be achieved? .... to put that in perspective - 365 x 1000 = 365,000 - x $35 = $12,775,000 assuming $35 dollars profit per barrel. Give or take 10% and we have a range of let's say between $11,500,000 to $14,000,000 profit per year. How can a NAV of $2 Billion be justified? ...or even a claim of that. reckless fools in cloud cuckoo land.

[aggieuk] 12/4/2017 22:25

11smith you're out now remember, what do you care? What I want to know is why you 'invested' before knowing all this information and why only start to bring it up now..... I think I know why lol

[11smith] 12/4/2017 22:17

It is amazing how the 'YOU ARE FILTERED' bleat is used. Come on Mr. Sheep - RAMESHH, justify a $2 Billion NAV with the information we have available.
Mr. Rameshh, perhaps you would point to where I am wrong and where I have been corrected? Otherwise, cut the baloney.

[rameshh] 12/4/2017 21:51

CPAP this board needs to be moderated, bull or bear, all for a discussion not read the board with rubbish and lies. This poster 11smith has been wrong and corrected on all the posts and then keeps posting absolute rubbish.

Finally those that reply to these posters are just as bad imho.

11smith filtered. Sad life if this is all you do.

Gl tomorrow all, it may even be released on tues as in one part it mentioned 'coming week' and another 'this week', along with the recent investor email reply stating in due course.

[11smith] 12/4/2017 21:49

typo. Would you confirm how the company is valued at $2,000,000,000 NAV? ...and feel comfortable with your explanation?

[11smith] 12/4/2017 21:42

$700 - 750 a day at 14 BOPD only covers a small proportion of the wages. We need some results here and not pie in the sky valuations and hope of forward earnings.
Would you confirm how the company is valued at $2,000,000 NAV? ...and feel comfortable with your explanation?

[ravin146] 12/4/2017 21:23

Honestcrook - 11 Apr 2017 - 18:56 - 1141 of 1183 - 3My response straight from the main man himself. I like the fact he got back us very quick. Dear Ryan, thanks for your support and kind words. I mainly use Twitter to engage with Zenith investors so I always follow investors back. As you know the Company made an announcement yesterday announcing our results with Team A's pump replacement activities which have generated a 14bopd increase - market response was mixed, which I find surprising as these 14bopd will generate an additional $250,000 of revenue per year. Zenith also announced that there will be an RNS in due course on the workover of well M-195 and an RNS on the beginning of the M-45 workover by Team A which is due to begin this week. I hope you will be pleased with our progress going forward. All the best, Andrearavin146 - 11 Apr 2017 - 20:15 - 1142 of 1183 - 2I find it rare to find a CEO and company as honest, humble, yet ambitious and confident as Zenith energy and Andrea.If the above is genuine, if cement my thought that this will deliver the 1000bopd, yet still be honest with investors along the way.Dyor all, imo I along with the CEO believe this is massively undervalued considering the show strong budget on the workovers to deliver great rewards in only a year.No brainer.Honestcrook - 11 Apr 2017 - 20:55 - 1143 of 1183 - 3100% genuine I may be called crook but I'm a honest one. I would never put such a thing on here if it was a lie.

[ravin146] 12/4/2017 21:22

Thought you sold...go away you fool, it's the acquisition accounting treatment!!!11year old smith filtered!

[11smith] 12/4/2017 21:01

typo $728 a day less costs

[11smith] 12/4/2017 20:57

14 BOEPD is £728 a day less costs. That is a major loss maker?

[11smith] 12/4/2017 20:54

The company stated a profit of $614 Million CAD. where is that?

[robg88] 12/4/2017 20:28

11smith the profit isn't incorrect; it reflects the size of the acquisition in Azerbaijan, try something else.

[aggieuk] 12/4/2017 20:25

I wonder.... The previous RNS said M-195 w/o update will be this week, so if he doesn't rns an update is he in breach of some city code? As this was officially RNS'ed?

[thegreatgeraldo] 12/4/2017 20:15

The $600 mill profit is accounting for the acquisition

[11smith] 12/4/2017 20:07

It seems every investor in Canada is oblivious to the glaring error in the March 1st announcement . $614 Million plus profit is clearly incorrect. Why is this?

[ravin146] 12/4/2017 20:02

Honestcrook - 11 Apr 2017 - 18:56 - 1141 of 1183 - 3My response straight from the main man himself. I like the fact he got back us very quick. Dear Ryan, thanks for your support and kind words. I mainly use Twitter to engage with Zenith investors so I always follow investors back. As you know the Company made an announcement yesterday announcing our results with Team A's pump replacement activities which have generated a 14bopd increase - market response was mixed, which I find surprising as these 14bopd will generate an additional $250,000 of revenue per year. Zenith also announced that there will be an RNS in due course on the workover of well M-195 and an RNS on the beginning of the M-45 workover by Team A which is due to begin this week. I hope you will be pleased with our progress going forward. All the best, Andrearavin146 - 11 Apr 2017 - 20:15 - 1142 of 1183 - 2I find it rare to find a CEO and company as honest, humble, yet ambitious and confident as Zenith energy and Andrea.If the above is genuine, if cement my thought that this will deliver the 1000bopd, yet still be honest with investors along the way.Dyor all, imo I along with the CEO believe this is massively undervalued considering the show strong budget on the workovers to deliver great rewards in only a year.No brainer.Honestcrook - 11 Apr 2017 - 20:55 - 1143 of 1183 - 3100% genuine I may be called crook but I'm a honest one. I would never put such a thing on here if it was a lie.

[grannyboy] 12/4/2017 17:06

RNS 10/4/17

"I can also confirm that an update regarding the workover of well M-195 will be provided during the week"

If there's no update tomorrow, then the market won't be too pleased..

[ravin146] 12/4/2017 16:29

Ocean of blue today...as workovers results near, maybe tomorrow or Tue.Imo, gla

[11smith] 12/4/2017 16:20

Looking over the regulatory news for the ZEE listing on TSX.V in Canada. Announcement on 1st March 2017 .... this comes to light:
Quote - Net loss of $1,555,692 for the three months ending December 31, 2016 which includes non-recurring costs of approx. $890,000 in relation to London listing and options award

- Net profit of $614,713,380 for the nine months ending December 31, 2016 unquote.
So either that is a mistake or things have taken a turn for the worse during that quarter.
I will dig deeper and await some results.

[aggieuk] 12/4/2017 16:00

Fair one Geraldo!