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It's better to be in it with a chance rather than nothing at all. First things first is USA re establishing the agreement. Then i figure you have the UK keen on securing large contracts post brexit, then you have Iran keen on securing revenue from tourism,post sanctions. Combine these ingrediants together ans you have a great big WSG cake. Will take some baking i know but will taste real good if this comes off. USA knows they need to put the agreement back together as quickly as possible. Sanctions must be dropped first before anything moves forward. Reckon 3 months approx. Aand then it's down to WSG ans gov to land the deal.
Could be back on line in a matter of months, leading to WSG re negotiating revival of the airport agreement that was due to be signed prior to Trumps intervention.
That would be the icing on the cake...........
The United States has joined talks in Vienna aimed at reviving the Iran nuclear deal, which the Trump administration abandoned in 2018.
President Joe Biden has said he wants to return to the landmark accord.
But the six remaining state parties need to find a way for him to lift the sanctions imposed by his predecessor and for Iran to return to the agreed limits on its nuclear programme.
Iran has said it will not meet the US face to face until that happens.
Officials from the UK, France and Germany are acting as intermediaries, shuttling between two hotels in the Austrian capital. Diplomats from the two other remaining parties, Russia and China, are also attending
Andrew, he did say that he was going to release assays in batches. Therefore he may well wait for hole 6 report to arrive as he is aware that all are pretty much the same as hole one report. This is not likely to have a big impact on the share price as all are aware that phase 2 drill will start sometime in June or July , hense taking a few months further before any formulation of final model is put together. This in mind is probably holding back buyer in both individual and larger investment companies. I don't think that larger investers would not be aware of what porphorys are as they i would like to think would make it their business to know. Lack of news after constant communication generally has this kind of share effect. Also share investers might be investing in other shares that may reach fruition earlier than XTR.
I cannot understand why the next two assay at least are not in by now. Assay two should have followed approx.10 weeks after the first drill was completed. Unless they didnt bother and sent the next few when all phase one was completed. Surely they are not holding these back (not allowed i know) for some obscure reason.
Furthermore we are as you say in this together. This BB is not just for promoting the company. It is also to air your views and frustration. I personally like to read both positive and negative views as both have value. This to me is welcome by all shareholders on here and any other shareholdings. What is not welcome is persons jumping on the bandwaggon, behaving like keyboard warriors and making false accusations which are totally unfounded. Anyways good luck to us in in reaching our objectives here.
Hi Florida yes my frustration is that AAOG have had the same issues as here. I followed form them chasing Tilapia as it is possibly a fantastic exploration and i was tying to consolidate a paper loss of several thousand £££'s. You are correct 100% that this is a Gov thing rather than the company. I did buy higher than.35p and am cradling a loss at Zenith also. I know that Tilapia is very large and if anything that contract alone is transformational for this company. Tunisia will of course support in funding Tilapia and limit additional further dilution. The only thing i would say about Zenith is that it would help for them to be more forethcoming with current state of affairs including the Tunisia program, rather simming the surface. My question about Congo was genuine and not as one other who made unfounded accusations.I did feel that the previous RNS acquisition was not enough to send this share soaring into the heavens as you know i have been around with shares for quite a few years and have discussed shares with you about othet companies on AIM. This may very well happen here and i hope it does, however i dont't think it will be anytime soon. African gov are very slow. I have worked with them directly and am very aware how slow they are without saying too much.
Garry, totally agree with you. WSG has had a run of bad luck over the years. Iran deal, Ebola etc but hey they are still there and going very steady. One day this company will break out then we will all know about it.
Now this was a pleasant surprise. Long may it continue
Here we go. Name calling. Another keyboard worrior. If you recall i just enquired about Tilapia as i have just followed from AAOG. You jumped on with your rubbish and false accusations. You called it 1.5p the other day. Stick to your name calling
Florida i admire your optimism. Back in December you stated that all should fill their boot as this share would be 3p by close of play. We are indeed less than 30% of that figure. This share will take sometime to start moving anywhere near that direction, bearing in mind that i have had reminders on here that contracts will take a while to complete in one or two regions. One individule even stuck his neck out and said i was upset that i had sold. How wrong he was and has since disapeared. I wish i had sold. So it is fine to remain optimistic but many of us a bleeding money here at present and we should all border on caution rather tham adopting the strategy of topping up on every drop just to lower pound cost averaging.
Hi market
Of course i understand. However just to put things into prospective, i have been involved with Tilapia for several year and also met the original ar**ole CEO for lunch. One thing for sure is the holdup has been consistant. Government has always been an issue. Just my frustration with this ongoing issue coming out
For one i have not sold out nor have i lost out on what the markets rear this as a minimal 5% rise. 100 barrels a day is not going to make us a fortune i'm sorry to say. But hey we have a pottential in the future for 1000 barrels per day, let's see if that materialises and then we would have something to shout about not 100 barrels per day. However down a small fortune on all the promises from several AIM shares as i would think this the case for many. The markets seem to think the same as i. Some jump on the defensive as soon as a question is asked that might have a negative appeal. All i can say is wait for additional funding here. I am not out as some presumptuous persons might think, i am frustrated at the same stories going around and all us share holders become so excited , accept all that is said then start punting these AIMs whilst the share price drops yet again and they raise more money to pay the wages. Pointless me getting out here as i have lost a lot on paper already. I would think many are in the same situation and a 5% increase would not touch the sides in aiding recovery. My opinion folks thats all.
Good news but where's the Congo update. Where are we with progress. When will we complete and commence drilling if ever. It uas been some time since the last RNS regards to the congo agreements. Clearly a stumbling block exists. Come on Zenith, let your share holders know what's going on in that departmemt.