Member Info for Ezhik

"this is like a spring now, the more harder they press it the more it will bounce."

Or it'll just snap :)

Do we know cost of production? (average) or is it anywhere between a bag of potatoes and half a brick? It was a serious question actually. anyone have details. ?

I disagree. There has been an awful lot happening throughout the world over the past 2weeks, some of which has an effect on this and all other stocks but until there is an update on production ,sales and demand its anyone's guess as to what that effect may be. To say noting has changed is ridiculous as you say in your own post that there is a resurgence in China.

I saw it too. 97p. :) glad it wasn't me though.

Err no BB. Re-calc needed. :)

Sheltie. Should have checked the trades for today, the 10 was printed before the puma mentioned it. lol. foot-in-it

Don't know about going pop, but we may see a bit more out of it this afternoon, quite a few buys showing and all equal at 1-1 on the scoreboard.

brave move orj. WTI is now down below $12, I know its a different measure, but POO is still dropping. small O&G companies will need to be pulling it out of the ground for almost zero cost to make any kind of profit over the next couple of years. AC strategy does however seem to be based on not producing anything at all therefore he may be right.

Kipper. Your comment just indicates that your trading and investment ideas are not based upon your own hard work and research. You buy, you sell, your choice. If S51 sells out and makes a packet then that's what we are here for. If S51 helps others to make money on the way up then fair play to him.

Yeah, and be careful what you fill them with.

How many shares were in issue in 2017? and how does the mcap today compare with 2017/ any idea?.

Mcap is £5m already which is 3p in old money more or less. No money has changed hands yet and no deals have completed. Ac is however starting to put the foundations in place for a better outlook. He will need money soon though and he will need that offtake agreement for Tunisia at a price which is sustainable for Zen in the future. Not sure how well an offtake will go a the moment when companies are desperately trying to store oil and cut production.

It was the reason why I sold last week. I underestimated the power of the force though and regret it of course.

Been trying to buy this with HFX since open, no chance at all, how is anyone supposed to make any money ffs. Also hfx unable to get any prices on any stock I tried today including selling. not one price on anything in 30 minutes.. high trading costs and carp service. avoid

I would have been happy with that. pondered at 0.14 this morning and regretfully didn't go for it. Would have made a days wages with just 1000k invested. £200 quid that I now haven't got. Don't knock the folk making 100-150 a trade. I have learned a very painful lesson by holding on for the so called big prize. I did make 180 elsewhere today, same yesterday 150 Weds and 350 on Tuesday. £860 for a 4 day week whilst being furloughed is better than sitting and waiting for something to happen I would say. If the same happens every week for the next 3-4 weeks then it will be good enough for me.

But he does know how to pay himself a small fortune and fund a nice lifestyle. He should now be looking at reducing his remuneration by about 80% which is still a small fortune in any case, and work on a results based payment where results means profitable income from production.
I was looking at coro today, they are not in a good place either at the moment, there could be a renegotiation opportunity there--as mentioned already by someone earlier. Mcap only 3m with no progress to be made for what appears to be some time into the future.

Lenovo implementation due this month, only 2 weeks left, roll up, roll up, deck chairs, timeshares and DEV shares all at bargain prices!.

"What does he know that we don't?"
He is either alluding to the two production assets that AC has mentioned previously, somewhere in Africa and being divested by one of the major companies, or he is talking about Tunisia. ( As I'm sure you are aware having done your homework)
Tunisia seems the better option on the face of it but any asset that comes pretty much free of charge and has some production would be a bonus over the next 12m providing it doesn't come with too many obligations.

Rgh, what assets under management?

Well, my 10% down is now only 5% having doubled up. we shall see next week whether it was wise.