Zenith Energy Share Discussion Threads

[grannyboy] 12/6/2018 19:25

ravin(lunatic). "Why do you post here daily?"

If you hadn't brought my posting up on another thread, in your post 3249, I would not have posted in reply, seeing has the last of my posts on here was on the 7June, so obviously I'm not posting here on a daily basis..

As to the rest of your stupid post, what does it matter if I own or short these shares..that is immaterial...YOU'RE trying to detract from the fact these have been a disaster of an investment..because of the incompetence of the management, and the chief clown, cattaneo in particulary..

[ravin146] 12/6/2018 18:18

So grannyboy do you actually own or short any shares of ZEN?
Why do you post here daily? Do you have a life or no family?

[ravin146] 12/6/2018 14:54

He's posting and look at the vile posts he is posting on a dead political parties bb: 1With the help of these NGO's , the ILLEGALS attempting to get FREE access to Europe set off in flimsy boats on the expectation that they will be...-----Scum of England

[fatfish] 11/6/2018 20:48

He must be away, no internet. Bliss

[ravin146] 11/6/2018 20:46

Grannyboy well?

[barnetpeter] 10/6/2018 18:46

I only have a small amount of these left and it’s nearly a year since I last looked in here....amazing. Hard to see anything that would make me buy these at this time. A shame that my high hopes for the company have gone sour. It happens; oilers are notorious of course.

[ravin146] 10/6/2018 17:25

I'm not sure you stating that you picked a stock and before it went bust you sold lolNot a great sign at all!I hope you don't gamble all your pension and advise you get a real professional or your kids will be left with nought

[sleveen] 09/6/2018 16:40

Can't win 'em all.

Though I did sell HAWK @14.1p and it's now bust.

HAWK was hitting new lows too.

[ravin146] 09/6/2018 15:17

Ouch a post from sleveen on another share... "Thankfully I sold @ 11.7p."...it's now near 30pJust goes to show what a moron he is

[fatfish] 08/6/2018 17:12

it's an all time low

[sleveen] 08/6/2018 10:14

sleveen
6 Jun '18 - 15:10 - 3224 of 3225

worth repeating...

All time low, what's that telling y'all

[ravin146] 07/6/2018 21:29

So do you actually own or short any shares of ZEN?Why do you post here daily? Do you have a life or no family?

[sea7] 07/6/2018 20:57

It seems that those on site will not have used one of these rigs before and the first month will be training from the supplier. Had they used this type of rig before, then there is no way zenith would be paying for staff as well.

Once they get the hang of the controls, then we shall see. I suspect that all z21 work will be done by the supplier team, whilst zenith staff watch and assist. They will then do z28 etc.

[grannyboy] 07/6/2018 20:48

ravin(lunatic) is one of those filled up to the gills with these 'gems',..

And the new mantra seems to be "much of their work is based on old notes which are clearly wrong"


But these are not averse to flagging up from these 'old notes' that some wells produced..2900bpd..5000bpd..15000bpd when it suits them.

[sea7] 07/6/2018 20:41

they secured a $2m facility recently, which takes the pressure off and will no doubt be used to rent this rig.

You only have to go and look at ramco's market news from 2001, to see that they had technical issues drilling the MOC1 well and MOC1Z sidetrack. They gave up in the end and sold the whole lot to someone else. It briefly flowed at 5000bopd, before they shut it in.

These fields are complex and the data is old and not accurate. Some of this kit has been 2 miles down for over 30 years - you think zenith will not be beset with issues.

Andrea was naive to think, he could do this on the cheap - I remember thinking that over a year ago.

Working over existing wells that have bopd levels like this, create their own opportunity for stunning rises, when zenith get it right, which they will do. I am not saying they will suddenly be running a well at 5k bopd from nothing, however, just a few hundred will power up the share price

[ravin146] 07/6/2018 20:35

Sea7 good points well made on zen.It will have its day soon, they've finally realised that a low bugdet operation no longer works.Big big rigs, rent big rigs and get the job professionally done.Much of their work is based on old notes which are clearly wrong.Andrea will now need to deliver this new asset imo, days remaining now...and I can see a large loan and part raising funds. But I think Andrea will deliver, eventually. He clearly knows, or even his team know the right people for sure.Making money is something grannyboy, sleven and few other don't really have a clue on.Granny is posting here daily but he doesn't own any, nor shorting any. That's the same for sleven lol

[sea7] 07/6/2018 19:38

thats the point grannyboy - I will watch a company have issues and the stock decline. Once it gets to what I believe to be in the one to four month range of news likely to create positive share price triggers, then I begin to take a position again, before other players with less patience than me. Only if I can see that they are making an effort to address the issues and have strategies in place of course.

This at present, also has the added downside protection of the revenue from the existing production, keeping the lights on, which makes a position at these levels more palatable.

I never fall in love with a stock and take profits as often as possible, whilst maintaining exposure, if I think it is warranted.

It is always good to get into a position with a free carry, which means all my principal is off the table and secure, ready for the next investment.

[grannyboy] 07/6/2018 19:11

Yes of course you can make money on the ups and downs, and day trading, but for the past few months these have been constantly falling due to the incompetence of the clowns in charge here..and it was noticeable when you had sold previously, it's also being noted that you have returned to bull these up again...but there is not going to be much news over the next 3/4 months, so the chances are the share price will continue it's decline, can't really see much more than any .25p rises in s.p, which will give little impetus to day trade, more likely to be falls.. which is justified..

As to downhole issues..they are just incompetent!!!

[grannyboy] 07/6/2018 16:54

There is a few over on lse that have seen the light, and can now appreciate that this company is run by incompetent clowns.

But there are many on lse who despite the constant failures, delays and excuses this company has managed, they still make excuses to justify the incompetences in charge, and the continuous falling of the share price is looked on as a great achievement in financial investing...These deserve the rampant rogering they are getting for being so incredibly naive for believing the cattaneo spiel !!!..

And so the rig isn't available for ninety days, add on a couple of months getting the string out testing, etc, etc..it going to be November..and that's if everything goes to some kind of plan, but this company's history of failure is there for all to see...the only redeeming feature is the owners of the rig are sending their own staff for the first month, instead of relying on the company's clowns..