Member Info for Bear666

MM`s are going to play their games. Patience is the key.
Look at the bigger picture in the coming weeks and months.

Here`s the blowout video of z21 Ezhik https://twitter.com/i/status/921304861693575168

has stated numerous times about the size of the field and reserves being enormous..
Listen from 2.20 in https://youtu.be/MgOdyTR8ncs
So why don`t they do farm out in along side the drilling program?

"The first indications we have received from drilling operations at well C-37 are very encouraging. The approximately 16 metres of net pay zone we have identified confirm our confidence in the productivity of the Middle Eocene formation, historically a strong producer across our Azerbaijan asset, and the merits of deepening well C-37 in order to materially increase our daily production of oil.
Looks like AC has pulled it off.Should be plenty of newsflow over coming weeks.
This is just the start since Zen have so many more wells being prepared for deepening and drilling.
Well done AC and the team.

Considering the size,scope and potential of Zen`s asset, analysts have been mentioning 35p and above for the share price going forward.Delays have caused the collapse and we sit at this derisory figure. Now that the drilling has commenced and tweets are keeping us in the picture in regards to progress being made.A steady rise towards 3.5p and above should be on the cards.

are there to create a market and are experts at taking advantage of nervous nellies .A shake workers wonders especially during times when the market is awaiting news which maybe transformational news.
Zen is not a one trick pony. Numerous wells to be engaged and they have the equipment needed.
A little more patience needed

on 2/9 geologist, Augusto Rossato, analysing cuttings from the Middle Eocene formation target zones. Maybe news coming?

BLUE finish today

Finally after a long wait the drilling is underway and more equipment is on way.Twitter updates are a plenty and numerous wells are to be re-engaged and drilled.The asset is massive and yet the share price drifts lower. Are we ever going to get a blue/rise end of day finish?

Tweet..C-37 wellhead work in progress https://twitter.com/zenithenergyltd/status/1156457940464877569

I`m flummoxed as to the logic for that trading by AC? That said it shows confidence going forward and news on the spud should be coming shortly. The number that sticks out is the 7p buying.

Yes AC 21m+ and Dean A. Clark 28m. Please dyor on the figures.

I`m pretty sure that if there were any problems with the REDPSA terms with SOCAR etc ,both AC and Dean A. Clark wouldn`t be topping up their holdings.

Seen oiler`s double,treble quadruple and more in days of positive drill results.Yet Zen has huge asset,proven reserves and monster rig on site about to drill. Still the share price sits at near rock bottom? You couldn`t make it up! A few updates(tweets) could help restore some confidence that drilling was imminent.

Saw that Dean A. Clark has now 28m and AC 21m odd. The start of the drilling should give the share price the boost it urgently needs. gla

Hi aj ,what do you make of the rns today?

Very quiet today. where are the regular posters?

My take on rns which states "The Common Shares for which Admission is required have already been issued and listed on the TSX Venture Exchange and the Merkur Market of the Oslo Børs". So not a raise as if new shares since they are already held. Might be wrong so views of more informed would be appreciated.
Hopefully drilling tweets etc will be forthcoming asap.

WTF just happened?
gla

There is plenty of news flow due in near term and trying to take a quick 10-20% and hoping to get back in is risky now imho. I`m looking for a much higher price when the drilling/deepening starts.