Member Info for Argylerich

pitiful volume

Should see:

Drilling contract signed and spud date.

Rescheduled webinar.

Q3 Williston update.

Revenue guidance update.
(based on RNS 11.05.22 when guidance was set at $35-40m, 500-550k boe. By the end of Q2 ZPHR had already banked $25.8m from 311k boe. The Q2 update from 11.08.22 stated "An estimated 30 additional wells in which Zephyr will have working interests are forecast to be brought on production by the end of 2022, which will help to decrease standard portfolio decline rates". So even Q3 and Q4 of just $10m each with declining oil prices should see a positive uplift in the earnings forecast.

It was always a longer term prospect and it's only the PIs that get too excited by short term share price prospects.

The real news is always going to be in the viability of Paradox as a major play, i.e. the flow rates after drilling.

Until then, this share will be traded and calling a m'cap from Williston is simplistic as the cash generated is being spent.

Hopefully we'll see the drilling underway soon, flow results, new CPRs, follow up drilling and infrastructure connection/flow by summer next year. Until then I think there will be far more trading than boom.

Papa, at the fundraise Turner Poop got 16m shares. They ALWAYS sell no exception. If they haven’t cleared out already, they will be now.
Let's see what happens when the overhang is cleared.

Panda the broker warrants are 'free' not @2p. They are part of the fee.

They will go via JIM Nominees Ltd and be sold just like the previous 7m from the 30p fundraise.

JIM Nominees Ltd files as a "Dormant" company by the way !??!

With Turner Poop being given 50m shares as part of their fees, I'd be putting the FOMO well and truly on the shelf for a long time yet.
Turner Poop ALWAYS sell, even despite previous denials on camera from GB (they're his friends, they wouldn't sell without telling him!?!).
So with 50m shares coming to a market near you soon for any price they can get....

Warrants, Warrants and more Warrants.
Why do the BoD get warrants for running the ship aground?

It would help if autocorrect didn't disrespect their name ;-)

I'm surprised no-one has looked at this so far.
Starting a joint operation with the local 'expert' should be recognised as a strong signal that the knowledge that ZPHR are bringing to this basin is highly credible and respected by their peers.
I wonder how much more institutional attention this will bring while PIs fret about the short-term ?

"There had better be real news next week or what" SCE2?

More tantrums..... because he wants to make money TODAY! NOW! INSTANTLY!

Re equipment at 16-2, anyone can tell what's going on if they buy a satellite image....

Or is he just being very uncharacteristically quiet.....?

from Twitter.. run away!

A liability to have on the board?

They've not burnt any cash since April, they've actually added. Cash has gone from £13.4m 30/04/22 to £17.1m now.

Pretty sure they don't. Either way, a valuation of £2m above their cash in bank when they are running at break-even is a stunning valuation even in this market.

Not exactly a big trading volume though

That's kinda the story with the retail sector, the bounce could be a long time coming, so what's the rush when the risk/reward is unbalanced

Looking at the valuation, the market has long priced this in. Then again, in this market .....

GB promised (.........) a market update around now for likely total year sales based on delivery fulfilment to year end.

There's also a long overdue announcement of the status at Fermoy which was supposed to be banging out over 200 PDXs since early spring, then he stated should be up and running by mid-August.