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Careful now..I posted a similar comment Friday and it was deleted..... they don't like realism around here....
Sunoco LP (NYSE:SUN) is buying the oil terminal on Whiddy Island, Bantry Bay, Co Cork, from its owner, Canada-based, London- and Oslo-listed Zenith Energy Ltd. (LSE:ZEN). Whiddy Island is Ireland s biggest liquid fuels terminal and one of several in the Republic used by the State's National Oil Reserves Agency, which did not comment on the deal.
News of the sale is likely to spark reaction locally as the business employs more than 30 workers and Zenith had widely flagged plans to invest in green hydrogen and ammonia production at the site, alongside Cork company EI-H2. Seán Kelly, Ireland South MEP, just days ago queried whether progress had been made on the project, originally announced in 2021. The Whiddy operation is a subsidiary of Zenith Energy Netherlands B.V., the entity that Sunoco is buying, which also owns oil terminals in Amsterdam, one of Europe s biggest ports. Neither party revealed the price pending completion of the deal.
Thought the "Italian stallion" was always "knuckle down" ... we were certainly led to believe that over the last years. Anyway, look on the bright side, the new x10 inflation of the share price gives it a much longer slippery slope to slide over the coming years.... while we wait on news....
Yep. says it all really
Another flank opened. No deal closed.
I like this: "....as well as other potential share price catalysts, we shall seek to avoid dilution....to significantly improve balance sheet.."
Bought in the low thirties..32p or close to it around 2013. Averaged all the way down to 3p now with 950,000 shares. Kept a tight axsehole all the way to here. Looking forward to lift off.
This is rising steadily and is still way off the radar. Nice bit of exposure in the latest issue of ROGTEC Magazine https://rogtecmagazine.com/petroneft-completion-of-fracking-program-and-initial-results/
That's a great positive RNS this morning. Very solid.
Thanks for posting. More positive info in that interview than there has been in the last 6 years. Really looking good now going forward.
I've been in this since 2012. Caught the falling knife all the way from 12p down to current average of 3p. In way too heavy for my nerves but here's hoping it picks up.....
TYB be careful with your accusations. i never encouraged anybody to sell. I make no apology for challenging your incessant ramping and lack of analysis. The timing of your entry into this board was always suspicious to me as it came directly after a conference call where AC tried to shore up the SP. Others have explained very well elsewhere why it tanked mid-year. I don't like ramp and no substance. Good luck to all and I sincerely hope we all make money and/or recover losses on this in'21.
TYB You said 1,5p by year end. Don't change the subject. Have faith.
Completely agree. Straight up ramping and zero substance. Don't worry though... Come Year End it'll be No 1,5p No TYB...
TYB you won't be posting anymore on the board after the year end on account of honouring your very public bet the 1,5p by year end. Can I therefore take this opportunity to wish you the very best of luck matey...ciao!
New Year now is it?... Moving along the calendar now like the rest of us and goodbye to the 1.5p by Christmas. Welcome to the club ! Because it's always Jam tomorrow with this share. Here's to hope and luck.. We need lots of both.
Rock.... Be patient.. Didn't you get the memo? AC is busy... according to Guerrilla Investing anyway: "...begrudgingly, has to admire the dedication of Andrea Cattaneo (CEO), in spite of the ‘relentless Tom Winnifrith hate campaign’ he’s been ‘in situ’ Congo for over 6 weeks working tirelessly for his shareholders. I spoke to him yesterday.
To give you an idea of his schedule; 7am Business correspondence, transport organisation for various government meetings. 9am Breakfast. 9:30am-4pm is taken up with various visits & meetings with government depts. Once back at his hotel he liaises with Tunisa, Nigeria etc For updates and also updates staff at the ZEN office. 5;30pm late lunch, 9pm shower, light meal, then more calls and email correspondence 11pm bed. Wake up start again. That’s a gruelling schedule in 30 degree heat. So let it not be said that ZEN are sat on their arses….
Should Zenith Energy come back with the goods then their SP will rocket. Tilapia is potentially the make or break deal. I can see see 2p-4p with the proviso of a successful outcome."
There it is...the predictable attack on the facts followed swiftly by the disingenuous pump. You can presume and "personally believe" all you want pal... And believe me, I do hope you are correct in your beliefs
And one step away from junk bond status with B- since August.
I do hope I'm wrong but my suspicion is that the nominated advisor told them to get the shop in order....or else.... Hence the requirement for the ISRE 2410 report. The requirement of such a report and the circumstances under which such a report is required are not to be taken lightly... Hence the wide open wording "in or around the week beginning 19 October ..with any variance...blah blah...etc."....Anyway, I presume it will also imminently and potentially come to a head at some point...in the near future...in or around whenever...