GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.
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Zenith Energy Ltd, the listed international energy production and development company, provided an update regarding the international arbitration proceedings it has initiated against Tunisia and ETAP, the national oil company of the Republic of Tunisia.
The claim against Entreprise Tunisienne des Activités Pétrolières amounts to approximately USD 7.5 million. In addition, a decision on the $85.8 million claim against the Republic of Tunisia is expected in the first quarter of 2025, reports private oil investment website London South East.
A further claim against Tunisia of at least $48 million is expected to be settled in 2027. CEO Andrea Cattaneo said: “Zenith is fully confident in the merits of arbitrations. We shall look to initiate a process to determine and grant an extraordinary dividend to shareholders following a potential successful outcome resulting from the CNAOG ICC Arbitration and ICSID Arbitration
if under water even if purchased at higher prices pre consolidation price of 1-3p you should get a profitable exit.............till then what happens with US and Kazakhstan is up to the company to deliver and will be a bonus........I am ok to put these in the drawer till 2026 and get a 10 bag plus exit on the arbitration rulings in Congo & Tunisia.............DYOR
Not that much patience needed imo. Payday and special dividend quicker than for AST and boom time ahead of GCM.
re the above mean the $85M presuming they win. Just waiting for peeps to cotton on (and to believe ZEN can win).
Other companies have the same IP, maybe the same as them and IP wars could happen which makes things very expensive?
Is it a race to the top, or the bottom ? IMO
Should you be on the CPX thread DB? ZEN is oil/gas they don't have I.P. issues so far as I'm aware?
Zenith will win the issue is many are underwater because of market trend, boredom and waiting on USA/Kazakhstan. Until then I guess the money will be transferred from the impatient to the patient. Unfortunately till then we have to put up with mls/Flashgarden etc WhatsApp group till the settlement to us is finalised.
Mls can you kindly post the trades as I was out and missed them, seeing as you’re so focused on them.
Oh wait, a £20 sell yesterday
And no sells today.
LOL you must try harder mls.
Mls makes a new thread every day with every 100 quid sell
'Guys the bottom reached 2 weeks ago and now 3-3.5 will be the holding price until there is good news. All the sellers have sold all bad news out of the way and a whiff of good news and the price will go straight back up from here.'
tyb 6th nov
'One day soon there should be a 'lightbulb' moment from the market regarding this company.'
rpg 7 june 2022
Have you seen the share price?. I dont think there are enough ligtbulbs in the world to help you see tbh
As Leonidas said then, 'we will do it in the shade'.
Flashgarden lightbulb enough for you and mls to spend every day here even though you both got wiped out 5 years ago
Every day??? Think you are talking about yourself there.
flash garden 370 posts since 2019???
tyb 3043 posts since 2020 ....all on one company.
You are well, well down on your advertised 'investments' .
As for lightbulb moments there have been many , all failures. And anyone who is bitter about them , including azer, has every right to be. Every single strategic descision has failed. Why should it change now when the same guy is making the decisions.
If you take a defeatist attitude and just whinge and give up then you will never succeed .It only takes one good win.
Rpg precisely, unfortunately they think with their heart not brains. Yeh I’m down but one day when the arbitration is settled and we get paid 100m+ I’ll be sitting on a huge profit and I guarantee you all the naysayers will come on spout the same rubbish. “ I’m happy for you guys no hard feelings “ garbage talk.
"Every single strategic decision has failed."
Not quite true, not unless they lose all the court cases they have ongoing with the different countries that have broken contracts with them.
How much are they suing for in total? I know its a lot but lose count at times like this.