Zephyr Energy Share Price (ZPHR)

Where you're coming from Banburyboy, but your supposition isn't right. Over the past month of trading the average daily number of shares traded has been about 2M and this is a company with 1.7Billlion shares issued. So trading is ,moreor less, irrelevant. The company is in negotiations with investors who they expect to make a considerable innvestment, and neither party wishesthe SP to rise until that input is guaranteed. The trades we are seeing on a daily basis are from small time investors who put in a couplle of thousand pounds in in the hope of making a minor killing ,and others who have the need to divest themselved of their holdings for their own good reasons. Tradingwise nothing will be of consequence until the inter party negotiations are completed.

I've watched this for over a week.

The sell price on H/L has barely moved from 3.35p not an inch irrespective of volumes. Large volumes today and the pattern holds.

Personally think someone is prepared to buy any amount at 3.35p.but currently pay no more.

Probably slightly naive on my part but I see that support demonstrated over more than a few dates as a positive.

One thing that is undisputable is that Zephyr have done the hard yards in our Paradox acreage. That means anyone farming-in will already be a long way down the road to commerciality....that potentially saves them a lot of time, money and perhaps wasted effort if they had to start from scratch somewhere else. Upside could be large with the overlying reservoirs too.

I'm hoping for the same with an increase in the reserve base from the CPR and plans that will help accelerate the drilling process, as well as obviously tying in production from recent successful wells. I don't think it will be too long before we get some news.

I also agree with what you say about CH and the board too.

Atb,

Northern

I feel like you if I follow your posts correctly that zphr have a very large asset awaiting exploitation. The US is not thr UK. They know the oil and gas game backwards.

Clearly Colins most pressing aim is to achieve the most lucrative possible deal for himself and us as shareholders.

He is a smart CEO. We have had definite proof of that. Smart and cautious.

As oilrises on middle East tensions and The increasing liklihood of Ukraine and Russia reaching dangerous new territory as we all move into winter. Oil prices will logically rise. The agreement he seeks is complicated by these fast moving current events.

I feel we will soon know as its in everyone's interest to ' get pumping '.

I genuinely expect to see a re rate pretty soon.