Member Info for Botham

Last week a well considered post concerning financials was posted, and the complete lack of revenue coming in and potential of further dilution.

How in you pint over flowing eyes will the following be funded and paid back?

US - 10-20 million acquisition budget

Italian acquisition under negotiation

Development existing Italian assets

Benin

Yemen

South Sudan

French court case so far four years and ongoing no news flow. No news on recovering Congo funding owed AAOG?

Tunisia 48million, will likely take years.

74 days after 3 month exclusive agreement passed and you still think Benin is up for grabs? Based on what?

Been looking at Sudan for a couple of months.

Why only this timeframe. I expect shortly confirmation on Benin not closing, hope I'm wrong.

Https://web.telegram.org/a/#-1146947416

According to you everything is still great. Sitting on a big loss and want just one deal to be closed, not endless chasing and nothing closed

The phrase chasing rainbows springs to mind at shareholders expense.

Azberbaijan - failed

Congo failed

Tunisia - in dispute

Benin - not going to happen

Yemen - government don't want a minnow and no news for 6 months

Italy - no news on developments

USA - up to 10 acquisitions - first one small expensive workovers

Sudan - https://www.npr.org/2023/06/10/1181040523/sudan-conflict-darfur

But he hasn't signed and closed any deals in the last couple of years. Just huge expense

Gets around the world clocking up expenses. Really safe country, no trouble like Yemen.

Https://www.zawya.com/en/press-release/africa-press-releases/showcasing-a-frontier-market-hon-samou-seidou-adambi-to-promote-benin-energy-at-african-energy-week-aew-2023-x2b2lc3e

On top of 2 million mentioned in rns, interview said between 10 and 20 million USA acquisition budget. Plus he mention Italian acquisitions.

How will the bonds be repaid?

On reading this article, it comes across well balanced written article and favourable for Zenith.

Let's hope there is a quick amicable solution.

With no income from Tunisia, a 20 million acquisition budget, payments of bonds concerns me.

Despite all the noise apparently no JVs on the table, really frustrating. Need a catalyst to ignite interest again.

If Mosman is to IPO or RTO in Q4 then the terms of the offer need to be delivered shortly for shareholders to vote on.

We are a meagre 5.88% up, what planet are you on

So today news at least provides us with the official issue. Litigation takes years we are now is dispute with the governments of Congo and Tunisia.

Given these issues is the governments of Benin and Yemen going to end in a success for Zenith?

And before the resident ramper says anything 1,797,000 of todays buys are me averaging down, in the hope we have hit the bottom and with the numerous acquisitions targets in USA and Italy will attract a positive response.

10 to 20 million USA acquisition budget through bonds. Italian acquisition, Benin or Yemen where will the funding come from?

Is there enough revenue to pay the bonds?

The market needs to know what is going on in Tunisia?

Good find, might find out tomorrow how much funding has been awarded. Not heard what Minchin has been doing, given that no JV currently on the table.

Been 5 weeks since Cinnabar workover, without an uplift a 2 million additional well at 50 Boped does not stack up financially

Tunisia with no oil lifts and news has long gone

Good news on acquisition, hint Benin, Tunisia and Yemen not happening.

Without the bureacracy

Is Tunisia gone though, again no mention?

BlytheRay when I spoke to them said they had stopped working with Zenith a couple of months ago

Did anyone notice Zak Mir's details on rns?