Zenith Energy Share Discussion Threads

[grannyboy] 23/11/2018 10:14

When they state that an inspection by Zeniths technical team will be carried out...

Would that be an inspection by 'team A' ?????If it does I would be truly worried !!!!!

[fatfish] 23/11/2018 08:13

looking a little more promising, fingers crossed they may actually do something good soon.

[luckymouse] 21/11/2018 19:11

Eee - Thats a strong look lol

[fatfish] 21/11/2018 14:13

Me and I'm way out of pocket, might try a top up to average down if it goes a lot lower. A fool and his money :-)

[tyranosaurus] 21/11/2018 13:25

Director buys more shares.
Shows how out of touch they are.
Who else would buy this pile of sh*t ?

[grannyboy] 21/11/2018 11:04

This is a cracker from a poster over on lse....And an obvious username misnomer if I ever saw one...


OilExpert187. "Been following this share from 14p and recently bought in, thinking what a great price I managed to achieve...well what do I know, sitting on 30% down in two weeks"

Well the jolly 'OilExpert187' should think himself lucky...some are sitting on a lot larger loss than that, but there is a silver lining...cattaneo has been buying all the way down from around 10p..And when ever the share price falls he gets more shares for his salary allocation...but it's only clever IF they actually get oil production flowing, and they manage to finish something they start...

[zengas] 20/11/2018 20:37

"On August 11, 2016 the handover of the Azerbaijan assets, physically completed in June 2016, was formally completed with the necessary signatures on related documents and the Company commenced crude oil production of approximately 275 barrels of oil per day in Azerbaijan under Zenith's ownership."

"During the three months ended September 30, 2018 the Company produced 22,133 barrels of oil from its assets in Azerbaijan;" (ie 245 bopd).


Got shot of Argentina asset (like they did with previous assets ie asset hopping and a long time of Canadian listing and achieving zilch imo).

Looked at acquiring other assets since coming onto AIM but didn't materialise - not hard to imagine why imo.

Driven the company deeper into debt.
Established a consulting company (what for really ?).
Has spent too much money and got nothing out of Azerbaijan so far.
Floated at 7p with 98m shares in issue.
Now 2.55p and 240m shares in issue.

Has tried Team A, Team B. (As Peter Kay would say, Wass all that about ?). Mike Palmer gone (12 months), David Sadoway barely 4 months - what do they see as Operations managers that everybody else and investors dont ? Now on operations manager No 3 in Azerbaijan so almost as many as the Brexit secretaries.

No one has managed any increase in oil.

Much fanfare about doing xyz wells, pumps etc, record revenues, credit ratings but have gotten nowhere as the production figures show after almost 2 and a half years.

If a low oil price environment doesn't make them call it a day given their debt liabilities, there's always the dangerous possibility of the Azerbaijanis taking the asset back and getting a bigger share of the oil by doing relatively nothing. They were actually producing more oil.

[barnetpeter] 20/11/2018 19:01

Relieved to be out of this.....had thousands invested here at one time. Will hit below 1.5p by end of year imo. Lots of debt owed and no way of paying.

[grannyboy] 20/11/2018 13:48

Does cattaneo still have a 1000 bopd target by end of December?...

Well good luck with that...cattaneo..the snake oil salesman!!!

Well I said months ago that these would fall to the 2.5p level and that it could be worth putting some 'risk' money in at that level...but with the markets as they are, and cattaneo still running this company like his own personnel fiafdom, with the same incompetence..delays...excuses...no equipment turning up....etc..etc..etc...

I don't feel it's worth the risk...And all my warnings on how this company is run, over the past year has turned out to be spot on...

[grannyboy] 13/11/2018 13:30

There's plenty of talk over on lse about the company putting out tweets on progress....

Ho yes I remember the tweet showing oil gushing from Z21...Just seems like yesterday....Now when was it again...?? HO YES..OVER A YEAR AGO!!!!

With this company it's a toss of a coin on whether they will complete anything they start..

[andy] 07/11/2018 20:57

granny,


Then there's the Mongolian Stock Exchange, always looking for new talent........


ZEN could set a new record for the most exchanges listed on!

[grannyboy] 07/11/2018 15:42

So that's three markets these are listed on...Dosn't Azerbijan have a stock market that would be gullibly swayed to invest in the snake oil salesman's oil company?!!

THREE stock markets for a pig in a poke dribbler...

[sleveen] 07/11/2018 15:41

The brass neck of it

Completion of Private Placement

In order to satisfy the Merkur Market admission requirements the Company has completed a private placement with Norwegian investors (the "Private Placement"). The Private Placement has successfully raised gross proceeds of NOK 7,273,850 (approximately GBP668,300 or CAD$1,141,600) through the placement of 20,782,429 common shares of no par value (the "Placement Shares") at a subscription price of NOK 0.35 per share (approximately GBP0.032 or CAD$0.055 per Placement Share). This is equivalent to a discount of 12.3% to the closing mid-market price of the Company's common shares of no par value ("Common Shares") on the Main Market of the London Stock Exchange on November 5, 2018. The Placement Shares will be issued in the form of depositary interests in the VPS, the Norwegian Central Securities Depositary. No Insider/Person Discharging Managerial Responsibility has subscribed for Placement Shares.

[sleveen] 02/11/2018 09:25

and where's the cash coming from to pat the consultants for all this work?

(Yet another) placing soon.

[andy] 02/11/2018 09:21

granny,

Yes it's one foot forward and several back every time.

[grannyboy] 02/11/2018 08:26

All the rns's just give the impression that they are stalling for time...And you would have thought that the pad for c37 would have already been completed..And now they are starting to do a reservoir survey...

There's no end to these delaying tactics.

[fatfish] 24/10/2018 13:10

and still no comments, maybe later when it slacks off the rampers will come to try get a better price before they sell

[luckymouse] 22/10/2018 15:41

Don't think these are borrowable on IG

[grannyboy] 19/10/2018 14:41

I don't need a job you clown, dipla...are you cattaneo? He's a clown..

[andy] 19/10/2018 14:40

dipla19 Oct '18 - 14:10 - 2270 of 2273

I'm just laughing that granny, Andy and sleveen post on this board daily for the past year.

-------

Andy - 19 Oct 2018 - 13:51:31 - 2266 of 2275 Zenith Energy....oil & gas in Azerbaijan
Andy - 16 Oct 2018 - 17:51:01 - 2260 of 2275 Zenith Energy....oil & gas in Azerbaijan
Andy - 16 Oct 2018 - 09:12:51 - 2257 of 2275 Zenith Energy....oil & gas in Azerbaijan
Andy - 10 Oct 2018 - 08:44:22 - 2249 of 2275 Zenith Energy....oil & gas in Azerbaijan
Andy - 24 Sep 2018 - 14:58:37 - 2241 of 2275 Zenith Energy....oil & gas in Azerbaijan
Andy - 18 Sep 2018 - 20:47:14 - 2228 of 2275 Zenith Energy....oil & gas in Azerbaijan



Surely some mistake?

[grannyboy] 19/10/2018 14:39

You have not made a bean in these..And shows you are a lying little tinker...you bought back in, after losing thousands from the fall from 10p to 6p, then bought back in at just over 4p, only for the share price to carry on falling....ho dear...ho dear....And the fool tried to take the heat off its continuous bad investment decisions bemoaning about who is long..who is short...blah..blah..blah..!!