Member Info for CanaryInTheMine

Lol you write that you can read accounts, and you probably can read them. But you clearly don't understand them as when you post on them you prove that you have no idea of what you are talking about. You claim that nobody else knows how much Tilapia cost, yet you won't answer the question you were asked. Like I said before you give slippery politician answers to questions you were not asked and don't answer the ones you were. I don't know how much Tilapia cost, but I have never claimed I do. Just admit it, you have no idea how much Tilapia cost either.

That is a very significant incentive. Let's hope they deliver. I won't make as much as they do but it will earn me a few quid too.

HITS agreed.. Angus could not afford to pay in cash originally, but if they can now it will help the share price and investors a lot.

They'd sell the asset though, not the company.

No need to get angry and rude flashgardne, of course I can read, that is why I caught you out in your answer. You still haven’t answered the question though. It is just more evasion to avoid admitting you are wrong. Presumably you do not know the answer and were just making things up earlier?

I didn't claim anything. investverysmart asked you the question not me. Your answer is a lie though. Not all of the money you quoted was spent on Tilapia. I don't know how much was but I never claimed to know., you did. But from your answer it is clear that you do not know and you were just making things up.

PF accepting shares in Angus instead of money is him doing them a favour though. They must have known that he would sell them as he originally wanted cash. What Angus need to do is work out a way to pay off PF in cash as quickly as possible and then there will be no more dilution and also no more need to have him on the board. He is just looking after his own interests. Once he no longer owns a significant amount of shares he will 100% no longer be on the board.

Yes you did. You were asked one question and you gave a completely different answer. Just like a politician. That is like the PM was asked how much money the government spent on the NHS and then he answered that the country as a whole spent £3 trillion. The answer includes the money spent on the NHS but it does not answer the question. at all. Unless you are claiming that all of the money you listed was spent on TIlapia. I didn't ask you the question by the way, I am just pointing out that you gave a very slippery answer.

Flashgarden you appear to have responded to investverysmarts question of how much money was spent on tilapia by listing all of the admin expenses and employee costs from 2022. That makes no sense. You have answered like a slippery politician and replied to a completely different question to the one you were asked.

It's just a waiting game now. It might not be the sexy instant hit that we were all hoping for but the share price here will go up. Paul Forest cannot keep selling forever. The gas price will rise as countries start stocking up for winter and Angus are consistently producing regular gas and therefore revenue. It is only a matter of time before the share price goes up to reflect the real value of the company. And then we always have the wildcard of a sexy new acquisition by Richard Herbert to put his own stamp on the company.

So mls, the FTSE is up 1.4% and Zenith has closed up 5.88%. Zenith comfortably outperformed the market today, despite you claiming that it was the other way round. Stop telling lies.

I’ve just listened to the interview with Zak Mir and it is fairly impressive. Zenith are in negotiations for new assets in Italy, nine assets in the USA and also carrying on negotiations for Benin, Yemen and other African deals. Andrea made it clear that contrary to what has been said here the move into the USA does not mean giving up on Africa but is a way to deal with the delays in Africa and allow negotiations there to quietly continue. It was very positive and worth listening to.

The UK small cap market does not really value production or cash-flow. It prefers big dreams and potential to get investors excited.This is why the Angus and UKOG market caps were so high during the Horse Hill era. What Angus need to do now is acquire another asset with big potential and then fund it out of the revenue from Saltfleetby. Big risk, big rewards is what AIM loves. It's stupid, but that is how it is.

Of course the responsibility for the poor share price performance lies with the directors. This is due to the absence of any news or tangible progress since the beginning of 2022. But today’s news about the potential acquisition of US assets that should be able to be done quickly and with minimal government interference is positive.

Or alternatively it makes you Cal Hockley and Andrea Jack Dawson. Whatever Jack does good or bad, you can never forgive him for sha**ing your fiancee!

Sounds very positive,.

Low production wells that are presumably inexpensive to operate, in a part of the world that is legally reliable and business-friendly. Not some autocracy or corrupt developing world opportunity where everybody wants a bribe. It will generate regular revenue and once the first set of wells is working then it is a project that can be easily scaled-up with further small-scale acquisitions. Positive all round.

Are push2 and Bubblepoint the same poster.

Ramp to deramp and back to ramp again?

Derampers posting false price details here again today. Nothing changes.

With Erdogan back in you might be right and Turkey could be a good base. The concerns I would have would be whether or not as a foreign company in a fairly large autocracy Zenith would be able to fairly compete with local companies for assets especially as these local companies would be much bigger and more powerful than those in states like Congo and Benin. Also, is Turkey not receiving a lot of discounted Russian oil at the moment? Could that be a negative factor to being an oil producer there or is demand strong enough to make it worthwhile?

That is just the strategic governmental reserve isn't it? The one they have to pay for? Either way those links say that the the biggest oil producer in the world needs to produce more oil. Sounds like it will be good for all oil producers in the USA then. Of course Zenith actually have to acquire oil assets in the USA first and not just talk about it. But whatever way you look at it investing in oil in the USA is better than investing in Greece, Romania or Turkey.