Zenith Energy Share Discussion Threads

[muddy_40] 25/8/2020 12:13

Muddyfox Actually I have still a holding of 70,000 shares +/-, just never got round to hitting the sell button- the commission is nearly what they are worth, I am keeping them now because AC tells us he has a cornerstone at 2.5p just waiting to throw money at us, I remember him saying when we were at 10p he had a cornerstone investor at 40 p waiting to throw money at us. I hope he is not trying that old nugget again to fool us;-) Sounds like you have bought in for a trade..lol Looks like it is going for the double bottom, will it bounce or crash through it. Might get an RNS- Rig for sale- one careful owner, used once. Low mileage, Oil free. Can be delivered, but will take 1 year.

[fatfish] 25/8/2020 07:32

Does anyone have anything good to say about ZEN?? I don't. Looks like she's going down today.

[muddyfox0151] 22/8/2020 18:42

Muddy whatever everyone lost money here , like lots here just trying to recover the loss , small average ! We all know the score here ? Are you still invested here ? Probably not , with respect turn over the record :)

[muddy_40] 22/8/2020 11:44

Placing will come 1st then 2nd and 3rd

[ruedolf] 22/8/2020 10:31

tick tock tick tock which will come first field 1 or 2 congo field 1 or 2 west africa nigeria bid round congo 5.2 million repayment azerbaijan exploration wells tunisia field 1 or 2 congo fields from major divestments an other Shorters walking on spring ice

[grannyboy] 22/8/2020 09:52

Excuse my ignorance but wasn't there supposed to have been a presentation the other day? And if there was it must have been uneventful.

[fatfish] 21/8/2020 15:14

Andy21 Aug '20 - 09:15 - 6043 of 6047 0 1 1 "Participation in the 2020 Bid Round entails a process commencing with the achievement of pre-qualification by companies deemed to have the necessary technical and financial capabilities" --- And Zen are in? Does having knowledge on how to make socks count. Does obliterating your own share price count. The list is endless

[andy] 21/8/2020 12:50

pretax, No wonder one of the pre-qualifying conditions is "Financial capabilities"!

[pretax2] 21/8/2020 09:34

In Africa, the bidding process means lining the trousers of the officials. Even charities pay bribe money to gain access in some counties.

[andy] 21/8/2020 09:06

Do you think they have demonstrated technical ability? And what financial capabilities do they currently have, apart from the recent placings to Norwegian investors? There has to be a limit to their generosity surely?

[garymegson] 21/8/2020 08:24

Why the question mark...

[andy] 21/8/2020 08:15

"Participation in the 2020 Bid Round entails a process commencing with the achievement of pre-qualification by companies deemed to have the necessary technical and financial capabilities" --- And Zen are in?

[fatfish] 21/8/2020 07:12

You have to love ZEN for being a consistent PILE OF SH*T

[bad gateway] 20/8/2020 13:59

ac is a dealmaker and he's proving to be a good one at that buying right at the bottom as he should. No progress worthy of a share price lift yet imo but good that the bears have lost the tilapia is the only asset mantra today and that they also look to be wrong about tilapia being lost. Tunis is 670bpd in the presentation today.22%(?) to zen.

[ruedolf] 20/8/2020 13:52

Granted Tunisia is not a company maker but on a good year it could chuck out a million bucks a year get enough of those dregs and you could build a nice company. Coro would have being useful for a small minnow but with potential bigger african deals in play was a good move to ditch coro.

[grannyboy] 20/8/2020 13:48

Yes that's all it is.. A myth that is being spun by the insiders and just your everyday rampers .. Granted he has the spiel to fool a lot of the unwary and naive .

[muddy_40] 20/8/2020 13:40

I think that is the greatest myth out there is AC is a deal maker. He is taking stuff no one else wants. what happened to Coro.. Tunisia is pumping a couple hundred bbls..He has sold a myth he is a great deal maker. Picking up dregs. If he proves me wrong with tilipa. Or what ever it is called I will eat my hat and humble pie..

[ruedolf] 20/8/2020 13:34

Granted Azerbaijan was a failer up to now but thats the joys of geology but also the collapse in oil prices didn't help. But they still have the exploration side which could still be a company maker. The important thing is he did the deal to get the field in the first place but also he did the deal to get out of it ... a good sign he can do deals in africa.

[muddy_40] 20/8/2020 13:24

I have never seen anything Zen try succeed. And when it does fail it is never mentioned again to what went wrong..who mentioned well M195..C30. Etc etc..it is on to the next great endeavour. This oil game is not cheap. If he does get something you need cash to drill. I wonder how the mighty rig is doing nothing sitting in Azerbaijan. Did you do any research on the past failures?

[muddy_40] 20/8/2020 13:10

Don't like your casinos

[ruedolf] 20/8/2020 13:09

granted nothing a dead cert ... but the roulette table is stacked in zens favour