Zenith Energy Share Discussion Threads

[ravin146] 05/5/2017 19:21

Pug, are you long or short in ZEN?

[andy] 05/5/2017 18:23

Cottoner,

LOL! They obviously read this thread, and got some in from a nearby oil producer :-)

[muddy_40] 05/5/2017 18:22

Citigroup expecting higher oil prices by year end..this drop down to technicals and not fundamentals.

LONDON (Bloomberg) -- Oil’s slump to a five-month low is driven purely by technical trading and supply is still getting tighter, according to Citigroup Inc. and Goldman Sachs Group Inc.
“The market is really fundamentally tightening up,” Citigroup’s Head of Commodities Research Ed Morse said in a Bloomberg television interview on Friday. “It’s never possible to call a bottom, but I suspect this is a great buying opportunity” before a big jump in prices by the end of the year, he said.

[ravin146] 05/5/2017 13:26

Great news!Zenith Energy @zenithenergyltd#ZEN #ZEE confirms progress of fishing operations at well M-45 in the Muradkhanli Field ================Need a twitter update on well195 and I'll be happy for now!

[cottoner] 05/5/2017 13:19

New tweet with pictures of what everyone wanted to see.

Dirty overalls! :-)

[ravin146] 05/5/2017 11:58

Pug, are you long or short in ZEN?

[pugugly] 05/5/2017 11:29

rameshh - Apparent failure to communicate - revin666 posted that "If you don't know the difference between AIM and Main Listing, wow you need to go out money in a savings account pug"

I was just (in a cynical way) asking if he then considered analysts who in their reseach notes stated that ZEN was AIM listed should still be permitted to practice . Fair comment? They are supposed to be the experts.

In respect of comment re GUN I was trying to see where the volume sales were coming from and wondering where the sell off could be coming from as they had been identified as significant holders. - no fault with that is there ? As no rns from GUN presumeably elsewhere as volume sales still occouring

[andy] 05/5/2017 11:23

Ravin,

Nothing wrong with that post, IMO, he's expressing a fact (the selling) and asking questions.

What on earth do you think is wrong with his post exactly?

[andy] 05/5/2017 11:19

rameshh

No actually I would say the standard Listing is less regulated than AIM, (that's why companies are now listing there), but as granny says, it's about the drill bit and not the listing!

I'm not sure why you're cutting and pasting posts to "send to ADVFN"?

What do you expect ADVFN to do with it? They're not a regulator!

And secondly ADVFN have the original version of every post backed up, so even if anyone deletes it they can still retrieve it anyway!

[ravin146] 05/5/2017 11:18

Cheers rameshh, no worries I'll post his comments on GUN incase it gets changed...==============================PUGUGLY - 27 Apr 2017 - 16:30 - 422 of 423 - 1Could GUN be selling off the holding in ZEN ? If so holding rns possibly due but not sure as ZEN under canadian rules - but GUN as at 3rd April 2017: had A 4.42% interest (being 5,109,334 shares) in shares in Zenith Energy so should be liable I think under th eAIM29 rules - Any compliance expert able to advise.Some 2.7 million sold ZEN sold today with a possible 1.8 million clearing at 9.4p - Could GUN have heard that possible problems might have developed with above and byond those advised to the market in the above rns or are they just taking a profit and realising cash for a potentially more profitable investment ??Scotty666 - 28 Apr 2017 - 08:17 - 423 of 423 - 0No because it would be insider trading in the scenario you paint.GUN sold a few shares and realized a healthy gain to invest in sunshine minerals and probably keep some cash in the bank, why do you think they are still selling?==============================

[rameshh] 05/5/2017 11:11

Agree entirely, it is very alarming if investors don't know the difference.Pug you seems to be a snake type salesman. You state ravin146 stated a link from the comments, for align research to be stripped- where has he mentioned that?Pug looking back into you after unfiltering you, you posted recently on the GUN bb, creating bad rumours on ZEN, linking GUN to inside information. (Btw avoid editing that post, I have already archived this incase I need to send to advfn)Go to the LSE website, type ZEN code, it is in BLACK AND WHITE: Main Market- standard listing.The AIM is the least regulated and most riskiest.If brokers posted that, then this should be directed to the brokers integrity, not ZEN. Clearly investor are not doing research they days and playing with money like casinos and then blaming regulators!ZEN is NOT AIM

[grannyboy] 05/5/2017 11:04

It's obvious to those with an ounce of sense, that it does not matter whether they're AIM or main, what matters is results and the s/p, and since that failure on the workover at M-195 the share price has continued to fall.

Now the spivs in charge here need to get their act together and get something resembling something near to their plans...

[andy] 05/5/2017 10:50

Ravin, Pug,

I would suggest that the great majority of investors have no idea of the differences between an AIM and a Standard listing.

I would argue a Standard listing is less regulated than AIM, due to the lack of a NOMAD.

Not that having a NOMAD actually protects anyone these days!

[ravin146] 05/5/2017 10:19

Sea7 stated many times here, it would be beneficial to ignore these idiots. Regardless if they are tampers or derampers, but purely for being idiots.From what I can gather as both filtered, sea7 are replying to pug and 11yearoldSmith.If you don't know the difference between AIM and Main Listing, wow you need to go out money in a savings account pug!

[sea7] 05/5/2017 07:53

11smith, I have looked at the company history. I am investing in the present and future. The past is the past and whilst it is there as a historical record, it is no guarantee of future direction.

The risk to the downside here is far lower than the upside. We have about 5p covered by the Italian assets and about 4.5p for the cash on the balance sheet and the azer assets. Its a fairly low entry point at these prices.

The company is generating cash and implementing its project on expanding production.

I am not investing in the former incarnation, canoel international.

Sure, if they encounter problems, then the drop to about 6-7p will be swift, however, even then, if the issues are surmountable, it may present an excellent buying opportunity for bargain shares.

[pugugly] 05/5/2017 07:22

sea7: Thanks for confirmation. Looks like all the brokers notes (Align and Beaufort) I have seen to date are wrong as reporting coy was AIM listed - So what else did they get wrong !!!

[11smith] 05/5/2017 01:44

Have you looked at the history of the company? Sea7?

[sea7] 04/5/2017 23:59

anyway, people demanding updates and expecting things to be done by now should read the rns's properly...

They stated "sidetrack operations have begun" in the rns of the 18th april.

The key word here is "operations" that can mean anything they want it to mean. It doesn't necessarily mean drilling. It means they have made a start and the rns follows up with "larger workover rig has arrived at the well site and sidetrack activities have begun today, 18th april"

Again the keyword being activities, this can mean positioning the rig, filling out paperwork, working out the rota for staffing the drilling rig and anything else they choose to do, under the operations and activities umbrella, not just the drilling aspect of it.

Apart from the twitter pics, there hasn't been any official update on this well since then. They have no intention of providing any further update until operations at m195 have been completed. So, I am sitting tight and waiting.

No point getting annoyed about it, it won't speed anything up.

[sea7] 04/5/2017 23:36

pug,



Scroll to page 7, ongoing obligations, you will see, that main market listings do not have to have a sponsor, whereas premium listings do and nomad required for aim.

no requirement to ensure confirmation of adequate reporting procedures are in place, whereas aim and premium listings do.

No requirements for significant transactions - aim and premium listings do have.

[sea7] 04/5/2017 23:29

11smith,

The CEO should continue with the work as planned. Things are progressing, so there is no point creating boardroom upheaval to add to any delays.

The fact of the matter is, unless you have some sort of influence over this company then you are unlikely to be able to effect a change of CEO anytime soon.

I know that I will not be influencing any board changes here, so if I decide that I do not like a particular direction the company takes then I will have no alternative but to sell and move on. Whining about it to the company offices, or on these bulletin boards won't change a thing.

[andy] 04/5/2017 20:27

pugugly,

Yes I think that's broadly correct, no NOMAD for sure.

[11smith] 04/5/2017 17:06

Sea7, you state - 'It would appear that under the canoel name they tried getting things going in Norway, assisted in Zambia, argentina, Russia, Mongolia and one or two other places.' end quote - This was the reason for poor performance of Canoel. This and the constant share placings to pay down debt. Have you read the Canoel history on TSX.V and SEDAR? It is not good. You then state - 'The only positive here is that they recognized they were not going to get anywhere, have walked away and changed the name of the company and moved on.' end quote - That is not a positive. Recently the CEO explained the reason for Zenith being under-valued at the investor show (see Twitter). The under-valuation is because the TSX.V index crashed. So work it out for yourself. Do you really trust the judgment of the CEO? He should be replaced by someone who knows what he or she is doing and is able to end this farce.

[ravin146] 04/5/2017 17:02

Muddy true, but you making an assumption that these pics are from the same day as posting?!Why post to shareholders in the UK on a bank holiday? Those pics could be from the last week and they could be releasing these pics in a timely manner to look as though it is regular spaced out information. The two teams coincidently finished a certain task on the exact same day?Imo