Member Info for cjgoldsmith

Looks like we've wasted a lot of time and effort. Facebook post from the President office it looks a done deal. We've been played because we've insisted on doing deals in countries with appalling records in corporate dealings where majors have been keen to walk away. Maybe we can go for Yemen next? Unless we announce a further suspension and a new acquisition we will get smashed when this starts trading despite our progress in Nigeria.

Any update on Chad debacle. Monies etc

I'm so confused.....

Surprised we haven't dropped by more after today's news. We should have been told much earlier. That said the reason why I am still a holder is current operations and the potential Yemen and Benin deals. One of these is a significant acquisition in my book. Congo will be a distant memory if either of these comes through and given the past issues with payments it may proved to be a bullet dodged. It's his last chance with these 2 deals for me to remain a shareholder.

Nigerian business going great guns. Hope everyone enjoys their Christmas.

Sometimes you've got to play hardball. I doubt this has been done without appropriate processes and in isolation from those that matter in the government. I guess those looking for a release fee have to talk the talk. I bet this was a calculated and premeditated action by Exxon, Petronas and SAVE. The alternative is that deal was close to collapse and surprise Savannah announce there's alternative bigger deal in SS is on the table and we'll look elsewhere for acquisitions if need be.

Not sure why the anger. The original poster was spot on.

My last purchase of Zenith was back in Az days. I am down significantly overall. The pivoting of the company has taken time but was done relatively swiftly. I have to give Andrea credit. Underpinned by strong gas prices in Italy and opportunities in N Africa and sale of oil storage at arguably the most opportune time was well done. My biggest frustration was Congo license, out of Zenith hands. Unless price of oil/gas or market craters I think downside is minimal. It's an easy double on license announcement and if 5k production an easy X5.

Company making solid progress. I'll probably add more.

Just over 500k shares. Let's see..ck

Let's see. I believe the major shareholder price was 13. However maybe they just want out. No chance of Tenaz being listed on AIM in time. Only a small shareholder myself so I'll take Tenaz shares. Crazy this deal was struck before recent drilling success.

Wasn't at the AGM. Not a fan of the deal by any means. My personal view is that this is to flush out a counter offer. We'll see how well this message ages!

It'll move.

Buried at the bottom of the RNS our chance of success for Paraguay drill has almost halved from previous 30%. Why aren't we going for gas prospect in Argentina instead and by looking to JV this out not only do we limit our upside on any potential discovery given we have concession lasting to 2050. Long term holder and down 75% in case anyone wondered.

If you think Kazakhstan is going to be like Belarus or actively support Russia's actions and become an international pariah then maybe sell and move on. The flow of Western investment out would cripple the economy, probably a run on the banks and I dread the unrest that could follow. I cannot see this situation unfolding given events earlier this year and the government will have to tread a careful path. My personal view is that inward investment into Kazakhstan country will benefit the people through jobs. They've clearly got the ability to source locally and internationally. China will be buyer of it's products and we can talk about morality of that. The RNS clarifies the current status. Its a fluid situation so this post may age badly and everyone can make their own choice.

Wow. Used to be a holder. What a story this has become.

Hi all. Given the small volume today am very surprised that we are down this much. Not nice to sit on a big loss especially when some companies in this sector are on a tear. It wouldn't surprise me if there are some unexpected developments or acquisitions. A successful Paraguay well would easily see a share price multiple. I sense some capitulation now and when you feel it's all doom and gloom it might be that things will turn.

For letter word for Malcy ...

CAZA

Interesting choices. SDX Hanut well could be a game changer. Cairn did own, interesting news from India.

Ahh. AMER. Lucky bought the dip and got out at my average on take out. Biggest dog I ever owned CAZA lost pretty much entire investment.