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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Zenith Energy Ltd. | ZEN | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -0.85 | -8.50% | 9.15 | 16:10:54 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 10.00 | 9.15 | 10.00 | 9.15 | 10.00 |
| Industry Sector |
|---|
| OIL & GAS PRODUCERS |
| Top Posts |
|---|
Posted at 03/1/2025 13:59 by trader465 Scenario 3:Arbitration Loss – No Payout Zenith loses the ICSID arbitration entirely, with the tribunal deciding that Tunisia’s actions were justified or that Zenith’s claims lacked merit. The company could face financial ruin with no payout or compensation, and the stock price could plummet. The investor could lose their entire £14,200 investment, as the share price might collapse, leaving them with nothing. Scenario 4: Partial Award – Limited Funds, Prolonged Legal Battles Zenith wins a smaller portion of the claim, say $50 million instead of the full amount. Legal costs and delays stretch out the timeline, and the expected payout doesn't materialize in time for the investor to see a significant return. The stock price remains depressed or stagnant due to the long wait, and the investor may end up with just a fraction of their original investment. Scenario 5: Regulatory Setbacks and Continued Legal Issues Zenith faces ongoing regulatory challenges or delays in enforcing any arbitration award, and the company struggles to stay afloat. The stock price continues to decline as the company deals with its financial and legal battles, leading to further devaluation of shares. The investor could face 70%-80% loss of their investment, with the stock price potentially falling below 5p per share. Scenario 6: Bankruptcy or Forced Asset Sale Zenith’s legal battles and financial strain force the company to declare bankruptcy or sell off key assets at a significant loss. The investor could lose 100% of their holding, as the stock becomes worthless or extremely diluted in the aftermath. |
Posted at 27/12/2024 09:28 by jammytass if its worth 20p why dont major investors load up x 4 bagger |
Posted at 02/1/2024 13:22 by zengas BGIt's not my intention to knock the compAny over the warrants at all. I pointed out what they have to convert and my calculation was potentially 500m as i said in the earlier post. Further i accept that 55m appear to have expired and i've actually tried to find where warrant excercises were reported in the past history. I was actually waiting in case they issue an rns or in the next update that some had been excercised re my early January reference. With the new $25m bond, will they issue any in regard to that. It is strange that no warrants have been excercised in the past when they most definitelty can be at 1-2C but no bad thing though i find it hanging over the company and as a potential investor something to bear in mind as to how much dilution could take place so i'd like to see the terms of the bond and if we still end up with as many warrants and price - we don't know. As for ambulance chasing - the accounts are there for discussion - Under $900k end Sept with cash burn/juggling since. What's left now ? Clearly states the principal way is to issue more equity. Needs $1.8m to complete on Devonian around mid - 3rd week Feb. Yes a $25m bond will be helpful, but it's like revolving on a new credit card paying off a 2nd one imo when there is limited income to cover the expenditure. I accept they have a lot of potential cash to win but how long can they keep running like this until they actually get a win and eventual pay out ? Why the need to get involved at RBD (10/1/24) as a director ad possible CEO ? (I have my own thoughts that i won't say publically. Is this not sidetracking and not keeping an eye fully on the Zenith ball ? He did say in an interview on a previous asset that they should have been more hands on when it came to it. What's Leopards function and how will they raise cash for assets versus Zenith as the owner and how will that affect the Zenith equity in assets ? Lastly the share price has matched all this uncertainty regardless of the potential for future wins all the way now to 2.85p (.285p pre consolidation). He needs to convince people and put out a much more detailed presentation. Some of the things done under a standard list would not have been gotten away with under AIM imo. |
Posted at 01/1/2024 14:05 by zengas Well there's a certain few on LSE who want any discussion removed around the accounts which after all came out of Friday just after 12 noon prior to close.I had posted this to a poster who accused me of lying Once again i must correct your total lack of knowledge as an investor or your propensity to be outright misleading not to mention calling me a liar. You have not even got the basic grasp here yet you continue to mislead. His post to me where he says 29/12/16:30 quote - "You claimed that we were required to pay $10m to Devonian Petroleum, then implied that we did not have the money and payment was imminent. When in fact we are only required to pay a maximum of $2m (already paid), plus the drill preparation costs to a maximum of $3m, up until the first well is completed." My reply - As i said yesterday i did not say they are required to pay $10m full stop. Secondly you are completely misleading, downright lying or just plain stupid that the $2m is already paid. They have only paid $200k of that and are required to pay the balance $1.8m in 60 days from 20/12/23 so must be met by mid/late Feb- yet have the nerve to call people who research the company despicable liars . Furthermore i will repeat from yesterdays accounts release The $4.32m CDN refund from OMV was refunded 4/9/23. 3 weeks later at 30/9/23 - they had $843k cash. What's the picture now 3 months later as of today. You only have to look at the admin costs etc on a half year burn rate to see that there is little cash. Add $1.8m needed to close on Devonian (in barely 6 weeks which incidentally is about the same amount just to clear its own debt re 2022 companies house accounts). They need drill pipe, fluids etc over and above just supplying their own rig. Maybe Leopard in the US will ride to the rescue because if Zenith doesn't raise cash for the US acquisitions it's surely going to be them imo. Will AK be Chairman there and CEO at Zenith ? Wait and see approach when the directors are appointed at Leopard but hopefully both companies don't mean a double salary on the same assets and surely not i hope. |
Posted at 29/12/2023 13:47 by muddy_40 Oh dear. It will be all forgotten about by the time the market opens🤡Oh dear looks like the 🦃🦃&# KyleSnyder Posted in: RBD Posts: 202 Price: 0.1075 No Opinion FINAL RESULTS VOTING28 Dec 2023 20:18 WHO DID YOU VOTE FOR Sort by most popular 1 SATTAR & CATANEO 266 Votes - 65% 2 OZA & WILLIAMS 141 Votes - 34% 3 DIDN'T VOTE 3 Votes - 1% Total Votes: 410 So it seems the retail investors want Oza and Williams out, and Sattar and Cataneo in. So it comes down to the institutional big investors, if they’re 50 50 then it’ll be an easy win for Sattar and Cataneo |
Posted at 20/12/2023 21:03 by the patriotic irishman I thought it would be a good idea to copy Zengas excellent post over here given we all know the Italian Stallions pied pipers on LSE have a habit of getting any unbiased and pertinent posts removed 😉-------------------- User: ZENGAS Price: 2.95 Date: 20 Dec 2023 18:39 Subject: RE: How? I stated long enough about looming dilution but was dismissed. Want to guess why it’s down, $3m in equity at 3p looks like about 80m new shares for this deal so around 40% extra new shares in issue possibly. Same tried and tested formula continuing of dilution, consolidation, dilution. They have the authority to issue shares. We haven’t even seen what the equity amount in shares will be when issued for the US acquisitions. -------------------- FWIW its a critical question every existing shareholder or potential investor should be rightly asking on any potential deal announcement by ANY company IE: what is the current cash position and how will the transaction get settled AS IT STANDS Zenith have insufficient funds to settle every one of those dangled 🥕🥕&# BUT as I highlighted at time of 10/1 consolidation, they instantly created the ability to issue shares (they couldn't before) to cover SOME of those dangled 🥕🥕&# anyway, lets wait and see who knows, maybe the Italian Stallions new best friend Karma Sutra will provide the missing finance IF their collaborative RBD coup is successful 🤣🤣&# |
Posted at 28/11/2023 09:16 by muddy_40 In 2022, Transparency International's Corruption Perceptions Index scored South Sudan scored 13 on a scale from 0 ("highly corrupt") to 100 ("very clean"). When ranked by score, South Sudan ranked 178th among the 180 countries in the Index, where the country ranked last is perceived to have the most corrupt public sector. [25] For comparison, the best score was 90 (ranked 1), the worst score was 12 (ranked 180), and the average score was 43.[26]And I quote "It is our view, supported by our progressive establishment in-country, that there exist many commercially attractive opportunities in South Sudan, and that it is an attractive jurisdiction for foreign investors." I wonder what an unattractive jurisdiction looks like. I am beginning to think TYB writes the RNS's ....lol Oh Dear |
Posted at 10/10/2023 18:32 by the patriotic irishman in all fairness, credit where credit is due (no pun intended) 😉goes to Zenith for: firstly, coughing up the not insignificant cost and secondly, opening up the books to some serious and impartial analytical scrutiny which is a mandatory requirement for any credit rating 😎 the POSITIVES are: the detailed report is (IMO) a fantastic and concise 'crib sheet' for current shareholders and any potential investors and is therefore well worth reading 😇 the NEGATIVES are: RED flags everywhere 🤣 🤣 🤣 |
Posted at 29/9/2023 11:10 by the patriotic irishman I always LAUGH OUT LOUD when cash strapped companies use creative and misrepresentative 'non-dilutive' terminology when announcing to their long suffering and loyal shareholders that they are JUST ABOUT to pass the hat around 🤣 🤣 🤣"we believe the Company's rating will be viewed favourably by investors as we seek to finance our ambitious business development strategy in the USA and Kazakhstan by way of non-dilutive fixed income debt securities." rolling rolling rolling keep em 🥕🥕&# |
Posted at 13/8/2023 07:06 by pugugly Agreed LSE good - Zengas post 12 Aug 2023 10:54 tells you all you need to know. Excellent history of how the company has lost investors cash. |
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