Member Info for blissful

Yes, it does feel the rug has been pulled out from underneath this one and I can't see much changing until the drill results. A good one will see a nice rise but maybe people will be wary of another rug pulling exercise. I had hoped for 30p ish but that seems a bit too optimistic now. A bad result doesn't bare thinking about.

Oil!

Superb RNS, love it!!!
5p? this is on a far higher trajectory. If they carry on like this 25p makes more sense.

This is tops. From Colin, "On our flagship Paradox project, we have a fascinating period ahead of us. Preparations for our forthcoming drilling programme continue to move ahead at full speed and we are also excited to finish the evaluation work around the exploration potential of the overlying reservoirs, with more detail on this to come shortly.

"There is significant activity expected across our asset portfolio in the coming weeks, and I look forward to presenting our story to investors tomorrow evening."

If he is excited, so am I.

You may be correct JH but you would have thought the CEO would have known the situation before making the statement.

From 4th June RNS.

'... MOU-1 estimated spud date between 15 - 27 June 2021'.

It could be any day now!

91jonmo. Have the placing shares come to the market yet? The RNS stated this , '... and that dealings in the Placing Shares are expected to commence, at 8.00 a.m. on 28 June 2021.'
Just in time to be sold into any rise during drilling!

Zephyr Energy
Zephyr has announced that it is filing an application with the OTC Markets Group for the Company’s Ordinary shares to be publicly cross traded on the OTCQB Market based in the United States. ‘The Company believes that having its Ordinary Shares traded on the OTCQB will provide enhanced investor benefits, including easier trading access for investors located in the U.S., and greater liquidity due to a broader geographic pool of potential investors. A market maker will be appointed in the U.S. to support the trading on the OTCQB’.

Colin Harrington, Chief Executive of Zephyr, said:

“We believe dual trading on the OTC and AIM Markets represents another important step for the Zephyr corporate platform. Dual trading, combined with our recent pledge to achieve carbon neutrality across our operational footprint, will serve to diversify the share register and increase exposure to a broader range of investors, whether U.S.-based or ESG-focused. This action comes on the back of an already increased level of interest from U.S. investors as a result of the recent expansion of our operational footprint in the U.S.

“Over the last 18 months, we’ve worked hard to complete Zephyr’s corporate transformation, and following our admission to trade on the OTCQB, I believe our Company platform will now be optimally structured to benefit from the considerable operational activity planned for the coming months.”

Whilst for most London quoted stocks an OTC is of limited interest, for Zephyr however with its US leadership and assets is not most London stocks. The boxes that the company ticks are importantly US sensitive i.e. US assets drilled with a US Government grant, the board and of course its newly strengthened ESG credentials which will attract the cream of US investors, it should be a good move and I confidently predict significant further share price growth.

https://www.malcysblog.com/2021/06/oil-price-predator-zephyr-gulf-keystone-jadestone-and-finally/

I suppose that RNS was to try and claw back some of the 25% of the sp that has been lost since the placing announcement. A spud announcement will be welcome though, could it be next week or will it be the week after?

Zephyr Energy
I managed to get a few valuable minutes with Colin Harrington, CEO of Zephyr yesterday and it was very much worth the while. This imaginative, smart board is constantly coming up with ways of differentiating the offer to investors who have taken to the company since it appeared on the Paradox scene.

Already this week the company have had results and given guidance on the Paradox Basin and also delivered a pledge to move to an operationally 100% carbon neutral situation by the end of September. These are not just box ticking exercises, the board are clearly determined to deliver and their mission statement ‘ good environmental & operational performance + good governance = superior investor returns’ tells it all.

Core Finance CEO Interview: Colin Harrington, Zephyr Energy

Malcy does a good service. By the way, does anyone know how much in $ of the expected 720 barrels a day go to the company depending on price of oil ,of course?

How much is that 'concrete ' news actually worth in terms of £'s? That is what we need to know.

We need some concrete news, apart from the placing and consequent dilution. T&T is all a bit iffy at the moment, possibilities but nothing certain. No wonder sp is down about 25% from last week. It may have been a better idea to concentrate on the drill rather than raise money for other things which only starts rumours. That said, according to PG we may be drilling next week, we shall see.

Check out the figures at the company's website sbroms, it's all there.

I put the link on the ADVFN thread.

At about 9.13

https://www.**********.co.uk/articles/traders-cafe-with-zak-mir-bulletin-board-heroes-june-8-cd75e16/

How many read the RNS today, I hope not too many as I need some more if I can. I don't think there can be much stock around, I bought a few more today through Halifax and had to pass the trade on to a dealer. This year should see news after news.

Malcy put me onto this one when I read his blog one day, and when he said, 'a ten bagger from here' (3p...ish)I had to investigate. I had another top up again today. I'd like a few more so I am no hurry to see this rise.

I tend to agree Razorman. We need a bit more than promises for the future with very few definite facts, especially as the placing has kicked the stuffing out of the sp.

I love this thread, a wonderful guessing game full of hypocrisy, fake news, paranoia, mistrust, critics, control freaks, trick cyclists, unqualified advisers, master oilers with nothing to do and yet who don't seem to have actually read the presentations. At least we shall soon find out what the sands of Morocco have to offer. And no, I don't work for the Russians, the Chinese, MI5 or Exxon. But keep up the great ramtastic work, great comedy.