RE: Malcy Comment on X9 Jun 2026 14:14
Malcy's full comment
Make no mistake this is a very important step in the right direction for Zephyr and one that shareholders should celebrate big time. It is a big domino to fall and it allows the company to accelerate its marketing programme and of course ‘advance the farm-out process’ which is now very much on the radar screen.
On the technical front this clearance gives Zephyr the green light to get to first gas without major repairs, no integrity concerns and without doubt it’s solid progress.
First gas is clearly a huge positive for Zephyr and of course as soon as that happens, Zephyr will start to receive meaningful revenues from the Paradox, subject of course to the final regulatory approvals completing. I’d also expect to see an offtake deal is signed sooner rather than later.
Zephyr can now get on with a great deal more work, as it will be planning the programme for the drilling of the additional Paradox project wells and of course the ‘detailed formal discussions related to asset-level funding opportunities’.
This is a genuinely great piece of news for Zephyr and investors should take note, connection is everything here and Enbridge are clearly on their side, after all it is a huge corporation with other fish to fry. With the door open to export through the Northwest pipeline the floodgates are opening and I expect much news to flow in coming months.
That news will, I am certain, validate my target price which is an unapologetic 20p and the shares, up a good 7.5% today, should start to justify their position in the Bucket List. Do not forget the size of the prize here, as I have continued to say, the Paradox will justify best expectations. Zephyr, through ingenious funding and smart tactics, have secured a proper slice of what is about to be a very large pie.
Getting hungry.....Bring on that Pie....
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