Zephyr Energy Share Discussion Threads

[molatovkid] 03/5/2024 08:40

Ain't that the truth. Was in a meeting once with some fund managers and they said they had just had a 1:1 with a CEO of one of the Worlds largest Oilers. Clearly they obtain information the rest of us don't get.

[parob] 03/5/2024 08:39

I think the news is good enough to take us through 5p.

[2 solaris] 03/5/2024 08:30

Large investors are privy to information not in the public domain.

[tima441] 03/5/2024 08:27

I understand co had the cash available from existing cash and facilities - so all done in interests both parties

[molatovkid] 03/5/2024 08:17

Don't know if this was forced, but they accepted the shares pre-drill outcome too.

[tima441] 03/5/2024 08:12

And key point... He will not be selling in the mkt for a small turn... genuine cornerstone investor.

In right circumstances I'm sure more where that came from!

[shrewdmole] 03/5/2024 07:57

Wow

Samuel G rose is a major player.

[molatovkid] 03/5/2024 07:54

You also wouldn't take the shares without asking the obvious question - what is going to be different with this drill compared to the last one.

[saucepan] 03/5/2024 07:49

You would not accept shares in exchange for debt unless you thought the value of those shares is soon going to be a lot higher.

[argylerich] 03/5/2024 07:45

That's one of the finance issues dealt with. Dealing with the monies for the surface infrastructure should be easier now after a successful test.

[tima441] 03/5/2024 07:43

Well worth looking up Mr Samuel G Rose... our new investor!

[molatovkid] 03/5/2024 07:20

That said, I seem to recall the condensate can be worth more than oil, as it is used to blend with the heavy oils found in the area

[shrewdmole] 03/5/2024 07:18

Me too but we also have the facility to ship the gas now.
These guys don’t sit around.

[molatovkid] 03/5/2024 07:17

I'm expecting more gas than oil...but get your point

[parsons4] 03/5/2024 07:15

Great news, don't think anybody has any more news other than that in today's update. But all we need is the well to encounter the oil in a controlled fashion and then there will be many more wells drilled, after all we know that there is plenty of oil down there, this is getting very exciting !!!!

[molatovkid] 03/5/2024 07:08

2 votes of confidence there and the drill is going just fine. BUY!

[shrewdmole] 03/5/2024 07:06

Tima

Been like that for a few days.

Interesting the lender is happy to take shares in lieu of cash.

Wonder what info they had…

[saint in exile] 02/5/2024 20:53

£s it is Molatokid!

[tima441] 02/5/2024 15:12

MMs continue to look for stock..
4.796 bid in size

[squiresquire] 02/5/2024 15:06

This is rather poised to ' ping ' any time very soon.

[molatovkid] 02/5/2024 13:42

Saint, at one point there was talk of 200 wells on Paradox. We need one drilled and in production, then the sky is the limit.

[zero the hero] 02/5/2024 12:52

Just passing my buy purchase a few months ago. Thought I'd bought another duffer while under water, but it looks possibly a good purchase :-)

[saint in exile] 02/5/2024 12:46

What's the potential upside here if we take Paradox? Surely be near 50p