Member Info for CanaryInTheMine

My guess would be RNS alerts. You should try them. Any thoughts about doing business in Kazakhstan btw?

I don't know much about Kazakhstan myself but there certainly seem to be a good few UK companies doing business there. 600 bopd would definitely be a good acquisition, but how reliable is Kaz for legality etc?

Its interesting to see that the same people who said that the Yemen assets were a waste of money because of the war are no claiming that it is a disaster because they have been lost. It has been clear for some time that the Yemen deal was going to be difficult to pull off. It would have been amazing to get the assets in peacetime but since the situation there has deteriorated considerably since the deal was initially made it is hardly the end of the world for the company to get out now. It also frees up money to be invested in US acquisitions which will definitely not have the same problems.

Mls is not wrong, it needs news on acquisitions in the US to drive the share price up but you also have to lay the foundations for these acquisitions first. We can now see the plan for the US coming together with a self contained US subsidiary acquired to hold the incoming assets. To pretend this is not progress is just silly.

The company has gone very radio silent since Lucan left.

Forest is only on the board until he sells his shares. He only cares about his own investment.

It’s a pretty logical move and confirms the serious intention that Zenith have of doing business in America. Personally, I like the idea that they have a completely self-contained US business that can be used to raise funds and develop assets over there. The revenue created will go straight to the main company and can be used to acquire other assets when required.

There is always buying and selling here. The liquidity is one of the things that makes it such an appealing investment opportunity.

I think that Ukraine's ability to store gas is rather larger than Angus's and so we should not really be worried about the competition. It will also be focused on central European countries rather than the UK. What it really does prove is that there is a genuine desire for underground storage of gas. How lucky for us that we have this in the UK.

Also, why do you criticise Zenith for pursuing assets in South Sudan while at the same time cheerleading Savannah Energy's pursuit of oil assets in the same region. . Why is it good for SAVE but not for ZEN? Again, it is a contradiction that doesn't make sense unless you have a deliberate agenda against Zenith.

But once more your long and wordy answer does not make any sense. You say you were interested in investing in Zenith for Tilapia and Seme, yet all you have ever done is post negatively on the company during this time, which are not actions that match your claims. Now, they no longer have Tilapia or Seme and yet here you are still posting negatively on the company, when by your own admittance you have no interest on the company or it’s assets. Also, nobody is restricting or inhibiting you from using these boards, but when your actions and your claims don’t add up then you can expect to be questioned as to why there is this contradiction.

Would you tell them why you are doing it or would you just deramp furiously all of the time and never admit why?

It would make sense for major news to come out after the board restructure is fully completed. The management team working on it at the moment and then ready to take full credit for everything once the last of the old guard have left the building. Who knows what is really going on behind the scenes? The only thing that I am certain off is that the debt will be restructured without too much difficulty.

Very noticeable how Zengas refuses to answer any questions about his motives. I also just realised that the reason he is so keen to claim that the coup in Niger will change nothing about the Benin pipeline is because any disruption to contracts in Niger will cause massive damage to the revenues of his favourite investment, Savannah Energy. No wonder he is blindly claiming that all is well there.

I asked you a question, which was: why, since you are not invested here you come in day after day spinning false and negative narratives about Zenith to the detriment of those who are actually shareholders. What are you trying to achieve? You replied: What's it got to do with being invested or not. Discussion on a company is open to anyone who has an interest in it or the assets it is interested in. That is not an answer. Stop avoiding it and just answer the question asked, what are you trying to achieve?

Financiers are not interested in why companies need money, they are only interested in whether the assets they hold in lien are more valuable than the loan made and whether the lender has the ability to pay the loan back. In Angus' case the answer to both questions is yes.

No Zengas, as I said before you did not give a clear answer, you completely evaded the question. Why will you not answer it? You know I'm an investor and shareholder because I happily admit that I am. I don't have anything to hide. What I want to know from you, as I have said repeatedly is why, when you are not invested, do you come on here endlessly spreading negativity about Zen? I'll leave out the false info bit if it makes you happy. You post here more than I do and yet I am invested and you are not. You must have a reason for this behaviour, what is it?

Zengas, that is not an acceptable reply as you did not actually answer the question, In fact you completely avoided it, I am not attacking the poster at all, I have simply politely asked you why since you are not invested here you come in day after day spinning false and negative narratives about Zenith to the detriment of those who are actually shareholders? You must be trying to achieve something or why waste your time doing it?. Why are you so secretive and evasive at replying to what is a very simple question?

It is very clear that Angus are going to get the finance. To claim otherwise is just deliberately sowing doubt for malicious ands.

For all your extensive rant, you still haven't answered the question of why, since you are not invested here you come in day after day spinning false and negative narratives about Zenith to the detriment of those who are actually shareholders. What are you trying to achieve?