Zenith Energy Share Discussion Threads

[grannyboy] 07/6/2017 13:05

Will people get it in their heads..just because this isn't quoted on aim dosn't mean its any better then an aim company..

One only has to look at the rns's and the company stating that the in-house drilling team needed on the job training..that does not come across as professional or efficiant..

Now with the continuous decline of the s/p, the company needs to get the pump installed in M-195 and the oil flowing, And an update on M-45 is getting to be long over due..and the market needs to know which well they're moving to next and when, will it be weeks...months before they start on the next w/o??..

[andy] 07/6/2017 11:11

Come on guys, give the company time!

Long term increases in value are created by the drill bit, not PR!

Give them time.

Value always comes out, and at the moment if you think it's way too cheap that is that not an opportunity in itself?

[bad gateway] 07/6/2017 11:04

cpap man I just meant they shouldn't be doing pr shows whilst they can only talk about having found fluids.
Might be a great result here, 100bpd+ of crude but it could turn out to be mostly drilling fluids and water so til we get confrmation via rns didn't see how the co. could "promote" it really?

[ravin146] 07/6/2017 10:57

Cpap You made a statement earlier, was that your understating or did you contact ZEN?Appreciate any reply.

[cpap man] 07/6/2017 10:32

All small caps do or should do promote what they are up to especially if good progress is being made....and what is wrong with that?

[bad gateway] 07/6/2017 09:08

re post 2384 I know the share price is a bit subdued but I don't want them to do any PR interviews or anything til they have flowrates which if they're decent enough won't actually need PR imo.

[aggieuk] 07/6/2017 09:06

CPAP maybe they don't want to publicise just yet because they know they've messed up M-45 as well? I firmly believe this is a mix of failure to publicise the company properly and using all the wrong channels for it by concentrating on AIM like PR, plus there seems to be some manipulation of the share price, either by companies trying to make a few percent a day or more sinister by forcing the share price down for a cheap take over. With the rumours of DL and his ilk it wouldn't surprise me if that chap would play dirty to get his filthy hands all over our company.

[fatfish] 07/6/2017 09:06

It's the same old story i'm afraid,it's nothing to do with PR. The simple fact is nobody invests for more than a day any more, buy the rumour sell the news regardless of how good the news is. Me personally if i had taken that advice I would have made a lot more money. Take WEBIS for instance yesterday, should have sold but i didn't now back to where i started.

[ravin146] 07/6/2017 09:01

CPAP...who is your source on this statement?"By all accounts ZEN understand that they need to get some press/media out"If that is the case where is it?!

[cpap man] 07/6/2017 08:53

By all accounts ZEN understand that they need to get some press/media out there on the progress that ZEN are currently making plus to cover M-45 of course!

[ravin146] 06/6/2017 17:07

It is just a PR failure...It should have been...RNS, investor call, podcasts, news filtered out to usual medium and broker releasing a view...It's failed on all parts...on the back of the FIRST well result, this was a significant result.It's seem as if the company has silently sneaked out the RNS as if it is bad news...it's an extraordinary result, beating all expectations!CEO and board must respond.

[sea7] 06/6/2017 16:04

group production was 322 boepd, a few months ago, so once we get some flow rates then I am sure we will get an updated figure.

Always unanswered questions!!!

[cashandcard] 06/6/2017 15:56

Sea7,

I appreciate that. However, they need to clarify in the next few days what the stabilised flows from M195 are and what the overall group production is. Even that RNS, whilst a step in the right direction, leaves some questions unanswered.


Cash

[sea7] 06/6/2017 15:51

In the third quarter results, they showed a jump in revenue, from CAD 263,741 to CAD1.9Million, as the azer assets first production was included. We have reduced debt over the months with some converted to shares and cash payments.

We have m195 coming on stream soon, so debts reducing and revenue increasing.

[cpap man] 06/6/2017 15:45

Exactly sea7....ZEN are now seriously undervalued!

[sea7] 06/6/2017 15:19

It is easy to forget that about 4p of the share price is ascribed to the assets in Italy. This means, only about 4.25p or £5m is left for the assets in azer. Before the sidetrack came in, the company was generating about £100k free cash flow per month. It will be good to see what effect the m195 well has on this free cash flow.

[cpap man] 06/6/2017 15:10

ZEN are now seriously under valued but i am not the only one to see this as buyers are starting to come back in!

[sea7] 06/6/2017 14:31

I picked up at under 8.75p, could have got in again at 8.45 if I had waited another ten minutes.

[muddy_40] 06/6/2017 14:26

I increased my holding yesterday, got under 9p. still cheap at that. should have waited another day((

[sea7] 06/6/2017 12:37

I picked up some more as well barnetpeter.

[ravin146] 06/6/2017 12:16

This now has to be nothing more than a PR failure.What's going on with the sp?!CEO and board must react, make the right phone calls, press the right buttons, as the brokers have failed. Not a single response!

[barnetpeter] 06/6/2017 12:04

buying below 8.5 .....very reasonable price today and I am in twice already today.

[grannyboy] 06/6/2017 11:52

What you mean a longer delay!!!!...The market looks well pleased with the RNS announced yesterday, or is it just the company's actions or lack off..

The sooner the new guy takes the reigns the better..because the confidence in this company is at zero.....

[andy] 06/6/2017 11:10

Pug,

Careful I might have to put you on my filter list! 😊