Member Info for CanaryInTheMine

Didn't they acquire Tanzania and also sell Horse Hill and the Isle of Wight?

I've kept hoping that CINE would be a recovery stock but it just keeps going down and down while I wait for an entry point.

Are the options about to expire?

Does it even matter if the directors here own shares in another company or even if they are on the board of another company. Lots of directors are on multiple boards.

Well I guess that the share price has held up pretty well post raising. Hopefully they have some sensible plans of what to spend the money on. Another asset purchase anyone?

So we have AC out in Tunisia getting things sorted out there and a news article talking about Zenith acquiring further assets that CNPC are divesting. That is really exciting, CNPC have assets all over the world and fields that they consider marginal and hardly worth investing in can be company making to Zenith. Well done to AC for developing such a god relationship with them. Do they have assets in Tunisia?

Except the vast majority of all his wages is taken in shares that he does not sell. You may not believe in the future of the company but it looks like AC does. A very good sign for me.

The figures that are being quoted here on production make this a very exciting investment to me. It looks like the company are putting everything together properly this time and I am certainly going to purchase more and look forward to a good return on my investment.

What has Zen's track record on drilling in Azerbaijan got to do with their buying 45% of a production license that does not require drilling and is operated by the Tunisian state oil company?

You come on here telling us that you have been selling your shares since the conference call which was two weeks ago. If you were doing that you would already have sold out because it does not take two weeks to get rid of your shares.

Apparently Zen had an investors conference call last month and the audio is now online: https://twitter.com/zenithenergyltd/status/1301493408423440385

I thought that Azerbaijan was a massive exploration opportunity? Confused.

Thanks Ageos that is excellent news. There cannot be many small cap companies who are putting together a regular income stream from production what also having a massive exploration upside in the form of Tilapia and Azerbaijan can there? I certainly can't think of any.

I am also happy with the direction of the company. I look forward to the first revenue coming in from Tunisia.

This looks as if it has stabilised and could be ready for take off if the Congo license gets extended. What do you think will be the share price in the next 3 months if everything goes well?

was this raising used to buy new assets as I have not seen any rns

No need to be rude I am entitled to an opinion About the PPE I agree with most others on this site that they will not make a lot of money out of it but it will be useful in lots of other ways as others have said.

Yes, that is what I think will be the big advantage to ZEN, especially in Congo/Tunisia and other jurisdictions that do not have the same healthcare facilities for Covid as richer nations.

Ok thanks

So overall Zenith will not make any cash money from sales out of the PPE but will benefit from other ways kind of like advertising?