Member Info for elland

A spurt of buys all of a sudden. What sparked that ?

Lots of negativity here this afternoon albeit we are all disappointed with the market reaction. Don’t forget there is also a value of our non Op assets. what do we think they are worth now at $100 oil ?

Hi Billy Boy. I endorse the other comments on why we are positive on Zeph. I would add that the directors hold plenty of shares. See significant shareholder list on the website.
We need points on Monday. Burnley have some very winnable games coming up.

Hi Chips. I am and although the comparison is flattering for the Leeds boss., Zeph definitely have a top man in charge.

I think so. I sold out of other Oil stocks over past fortnight to add to Zeph. I am very excited about the further potential. The last RNS confirmed that we have no need to place more shares for a year or so. I still believe a farm out or a even a sale of the asset could be on the agenda but only after the next phase. Have a great weekend everyone. I certainly will.

Hi Adon. Just asked my granddaughter what FOMO means. I agree.

That’s 10 16 am for 7.25p

You are correct of course. I bought 125k at 10 16 which is down as a sell.

Hi Northern. That I think depends on the RNS details. A CPR which beats expectations could take us to 10

Great RNS. I don’t think that we are talking take over at this stage. The income from non op fields will provide capital for at least some of the costs to develop the first part of the next stage at Paradox. Maybe a farm out if CH wants to push it forward. What is obvious is that we are at the beginning of a very exciting time and as a Long term holder, I am happy to add where I can and enjoy the ride.

Well there must be some RNS tomorrow.
A “few weeks “ quoted (for CPR) is now now 4 weeks which is basically a month. I expect at least another holding announcement but hope for a full CPR . Thereafter a raft of announcements re income from non op fields and perhaps News of Joint op with a major partner.

Great comment KP. I enjoyed reading that. I agree 100% that we have done so well over last year or so and mostly thanks to CH, a company leader that most of us appreciate.

I am guessing tomorrow Northern. Let’s look forward to great news.

Hi Ebbs. I am also an ex Rose investor. It will be great once the anticipated news arrives. Luckily I have managed to acquire plenty of shares below current price so I am above water. I do think that the BOD did advise of the delay and suggested multiple news in the very near future and I am confident that the current value of Zeph will soon increase substantially. Patience. It may even be Monday.

There are a few “unknown” trades of a similar size to yours which look like buys. At the current price to buy I expected a lot more activity today. These trade levels and buy prices will look silly in a few days. We hope !!

I think by the end of the week too. Topped up anther 50000 this morning but shows as a sell. Expecting great CPR and more news on top.

It’s been a strange trading day. Or should I say “non trading day “. Is it only a few of us who realise the huge potential her and near term too. I topped yesterday at 5.7 and believe that in the next week or two we could be double this price or have we few got this wrong. Think not.

Hi NORTHERN. I am also interested to see what the cash income position is now. Although Louisiana volumes are modest, don’t forget that oil from here will realise current WTI prices. That apart, an encouraging RNS and although Malcy no longer has PPC on his Bucket list, he believes that we are grossly undervalued - see his blog earlier today

Worryingly I emailed PPC on Louisiana update last week. No reply

Harsh Steven. I was there. Great spectacle. It will be tough to stay up though I admit. Hopefully decent RNS tomorrow with second drill.