Zenith Energy Share Discussion Threads

[scotty666] 06/5/2019 09:36

I find it mystifying how much they have spent on equipment rental and purchase over the last year or two, for what? someone is going quite well from it at least.

[grannyboy] 06/5/2019 08:52

It's been general knowledge to those who have been invested(ex investors) for a few years in here...But yes agree Andy it's always welcome when it's again brought to investors attention, of the calibre of the personnel running the company.

I still find it mystifying why they have gone for drilling C37 instead of Z21, where we was provided with a video of Z21 gushing oil, and with huge natural pressure????

[andy] 06/5/2019 08:35

Scotty,


Good research BTW.

[andy] 06/5/2019 08:35

He's a Marquess?

[rpat2] 06/5/2019 07:49

Why would he buy shares then, really think just incompetence by the drill team

[barnetpeter] 03/5/2019 23:51

Agree with all. Could still be a huge result in spite of the CEO though so all not lost yet

[andy] 03/5/2019 18:41

"and it is commendable that they are keen to save shareholders funds by owning, not hiring kit."

-------


What a load of utter tosh.


I wonder if hey compensate him for writing that?

[jungmana] 03/5/2019 18:16

About 10% of shares traded today and the new shares officially list on Tuesday. Bounce on that day imo.Enjoy the long weekend

[brasso3] 03/5/2019 17:03

Malcy has lost his last ounce of credibility there for me.

"...it is commendable that they are keen to save shareholders funds by owning, not hiring kit."

What about the youtube videos last year showing oil flowing at a significant rate causing PIs to buy stock and lose a lot of money!

[thetoonarmy2] 03/5/2019 15:32

From Malcys Blog

Zenith Energy
Zenith has raised £401,369 at £0.028 for the purchase of the top drive system and additional equipment for the BD-260 drilling rig about to work on the C-37 operation. It has become a regular feature of Zenith management to raise money for the purchase of specific items and it is commendable that they are keen to save shareholders funds by owning, not hiring kit. Work in Azerbaijan is coming to a head and it will be an interesting time as the prize is not insubstantial in country

[jungmana] 03/5/2019 14:03

Let's get him kicked out and hand the company to bloe CEO.I will be buying more next week . May get 2.80p as the placees

[neo26] 03/5/2019 14:00

Another delay of over a month, they will need to test the rig etc etc.I have given the benefit of doubt to company but they pulled this off. New broker in to raise funds..

[jungmana] 03/5/2019 13:56

Neo am not backing the CEO. I was just lucky that I sold yesterday about 4p the small holding I had here. So bought back in just this afternoon . Yes the CEO is someone who deserves a boot but that should not blind anyone to the opportunity to make money here

[neo26] 03/5/2019 13:52

JungThat was poor by you, now u back in.What the CEO has done today is almost unforgivable.They have been planning this well for over 1 year and right at the end they require more funding for the rig?It begs the question where is the money going from the 250bopd production?Countless delays, Andrea has to go....

[jungmana] 03/5/2019 13:10

Thetoonarmy buying back in does not mean I support the CEO. If I can he would be sacked but unfortunately I don't. Despite my reservations about him this price is an opportunity I don't want to miss.Exciting 2 months ahead

[jungmana] 03/5/2019 12:10

Back in . Got some just under 3p.

[datait] 03/5/2019 11:15

ALIGN are crooks be warned.

[scotty666] 03/5/2019 10:50

I think they have a standard listing so not even a Nomad to "cough" keep them straight.

[andy] 03/5/2019 10:39

Perish the thought! :-)


On a tightly regulated market like the AIM?