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Tyb you’re so lost in your rampy super sized echo chamber you can’t even read between the lines of who that someone is ?!
Does anyone know the Annual Report's AC CAD 1.548 million compensation for 2019 includes his CAD 366,000 consulting fee, CAD 200,000 'bonus from parent company', CAD 101,000 'bonus from subsidiary undertakings' CAD 34,000 director fee, CAD 59,000 guarantee fee and CAD 174,000 EMTN management fee, or whether we should add those to get the true number?
The kelsbels classic “lost a load now looks like a damn good decision! and I would have stayed out if It wasn’t for someone! “ - kelsbels sep 2020
Kelsbels is the type of the person that stabs himself in the eye then blames the random walking past
Tyb is the person who in Apr this year with share price at 0.95p told us with his incredible insight that when oil prices recover this would shift quickly and we would see 3p in a fart. Since then oil has recovered from rock bottom to $43/barrel, and we’ve had at least 6 rns’s which according to him are absolutely fantastic news, and yet our share price has fallen 50% In that time ...go figure !!
SEA7 I respectfully disagree but good luck in your endeavours
takeyourbets - it is the individual you should be looking at ...the industrial sector is irrelevant. The words AC says in the article in 1999 have been virtually repeated in rns's about azer..poor performance, faulty equipment..same old excuses..wages not paid and you are continuing to buy stock on the basis that he will have changed...
in my view...he wont be changing his methods any time soon..still he has been taking large consultancy fees without mentioning it, even though it is in the accounts, whilst loudly talking about his salary sacrifice and getting paid in shares - his consultancy fees aren't paid in shares by the way .hard cash only.
the company has no money for any of these plans or his scattergun approach to acquisitions...good luck with your investment.
4p why not :)
Very possible once Africa starts producing
fantastic news (part 2)
User: Takeyourbets
Price: 0.75
Date: 17 Apr 2020 08:58
Subject: FANTASTIC NEWS
I am in as of today
Welcome zenithers
40% DOWN on core (biggest) holding and very happy with what AC has 'delivered' to date :-)
I hope its not resting in your pension pot like callits
nice to see you have revised your year end target price down to 1.5p from your earlier blue sky thinking
User: Takeyourbets
Price: 0.85
Rating: Strong Buy
Date: 12 May 2020 10:03
Subject: ZENITH 4-6p
IMHO this stock should reach the 4-6p range by year end. Yes that’s months away but I am more than happy sitting on this stock until we deliver on our assets. I got in at a good price here so I can understand those who got in at much higher levels, but I truly believe with patience this should level at 4-6p minimum by year end. I’m interested to hear your thoughts and projections on your year end results in regards to the share price.
4-6p thoughts ?
I'd say you're delusional and you perhaps need sectioning just like those other pension pot dreamers
bring on the (no dilution) Nigerian finance
LOL that should be interesting :-)
investverysmart - i would have agreed with you had it not been a recurring theme
Jesus SEA7 are actually bringing up an article from 21 years ago lol. Not even to do with the oil and energy sector too haha. Embarrassing
Madpump 300 bopd is delivering imho.
But of course because of your vendetta he could be producing 10000 a day and you’ll still find a fault :).
Not wise to trust this azer woman sea7. She's an anti SOCAR activist with form going back years. Not saying she didn't find one or 2 upset workers but think presuming its anything else off the back of one disgruntled womans blog is too hasty.
"Staff critic of SOCAR Mirvari Gahramanli went through several transformations in the past few days. In a matter of days, the human rights defender has reborn again. What happened to Ms Gahramanli? On her Facebook page, this full-time critic of SOCAR (State Oil Company of Azerbaijan) attacked our group of websites with foul language. But we will not comment on the education and behaviour of an elderly woman. Tolstoy wrote that after five years of age it is pointless to bring up a person. Personality is already formed. Nor is it our job to rehabilitate human rights defenders who went the wrong way."
SEA7 1999 LOL........why dont you dig out when he stole his friends school lunch when he was 8 too....you guys are sounding reall desperate
TYB, AC has not delivered some good projects because nothing in W Africa has advanced beyond the 'possibility' stage yet. He does appear to have delivered a deal in Tunisia, but we haven't heard that Govmnt approval has been obtained yet. We also have very few details - such as whether ETAP is carried etc. If ETAP have a work plan in mind then ZEN will have to find the funds to pay at least their own share of the costs - but at the moment have no funds at all as far as we can tell, based on the necessity for continual placings at what you seem to think is a bargain price.
your call takeyourbets.
but andrea does have history in this area....
recurring theme...From October 1999
Pex's chairman, Count Andrea Cattaneo della Volta - once dubbed the King of Socks by an Italian newspaper - confirmed the three Leicester factories were to close and wages had not been paid.
http://news.bbc.co.uk/1/hi/business/492722.stm
SEA7 I am actually part Azerbaijani and Armenian myself, and I know first hand it is one of the most corrupt regions near the Middle East. I wouldn’t blame zenith for pulling out and cutting all ties with region as I am sure they would have tried to stiff zenith from all angles.
That is why I am happy since I’ve invested AC has delivered some good projects even during covid. We are also now a producing oiler bringing in 300 bopd which will increase imho.
My core holding is zenith and I am happy to hold until I make big money.
takeyourbets... we all said exactly the same about the likes of AJ and co, when they were deramping on here endlessly about zenith and azerbaijan.
I sold up when they walked away from azer, as it was why I Invested and i couldn't see why the suddenly left especially with that gusher at z21..until I found this article....
https://www.contact.az/ext/news/2020/3/subsc/economics%20news/en/122437.htm
Baku / 17.03.20 / Turan: Employees of the Zenith Aran Oil Company Limited since January this year have not received wages. At the same time, oilmen who produce oil onshore do not apply to government agencies for fear of losing their jobs.
“Zenith Aran Oil workers, who have not been paid wages for the third month now, are contacting me. Neither the company nor SOCAR, the Zenith Energy partner in the block of Muradkhanli, Jafarli and Zardab fields, gives a clear answer on this matter. SOCAR, no matter how the side of this case, only reminds the oil workers of their right to sue to protect labor rights, and no more. We, as a public organization, turned to the Executive Director of Zenith Aran Oil Company Limited Andrea Cattaneo with a warning letter, in which, referring to Article 172.5 of the Labor Code of the Republic of Azerbaijan, it is reminded that on behalf of the oil workers we will seek not only payment of salaries, but also demand payment for each day overdue in the amount of at least 1% of the monthly wage,” Mirvari Gahramanli, chairwoman of the Organization for the Protection of Oilmen’s Rights, told Turan..
Zenith Energy Ltd. ("Zenith" or the "Company") (LSE:ZEN; OSE:ZENA-ME), the listed international oil & gas production company focused on pursuing African development opportunities, is pleased to announce that it has submitted a technical and commercial bid (the "Bid") with the Nigerian Department of Petroleum Resources ("DPR") for a marginal field in the 2020 Marginal Field Bid Round ("Bid Round").
Pawn any good news that comes the derampers fly out of the woodwork worried the price will go back up. Their motives I haven’t a clue quite sad really. Either way I am happy with what AC has achieved since I have been invested and truly believe value will be shown in the near future reflected in the share price.
Zen keep releasing these tit-bit RNS'. Submitted bid here, there, etc... B+ / B- etc...
When will Zen finally properly get it and realise the only thing that'll get the share price moving is actual results and actual oil.
Its better than that kels. Market darlings are sat there on a pedestal waiting to disappoint.
These have been through that stage and are hated by the market but now have started to have positive newsflow. That and patience is the recipe for portfolio gain.
Yes brilliant darling of the market . 2 trades !!
Very good news good work zenith!
https://www.investegate.co.uk/zenith-energy-ltd--zen-/rns/submission-of-bid-in-2020-marginal-field-round/202009180730013725Z/
AC making more moves.......