Member Info for gotreal

What are you on about....??

And to say " The funder has taken Zephyr's trousers down." is a ludicrous statement. The previous expenditure, if indeed it was as claimed, has nothing to do with the finance of this stage of the well development. Suggesting this financier has "taken Zephyr's trousers down." is to suggest that they should compensate Zephyr for their past expenditure when they weren't even involved. Methinks someone is being "disingenuous", and I could describe it differently, to say the least.

People seem to forget that Ollie is a non-exec, his role is oversight and advisory, not operational. I have no doubt that he has been building all kinds of relationships on behalf of JLP, globally, in the background, which will bear fruit in time. His vast experience and contacts are hugely valuable if not visible. We don't know what his involvement with the IRH opportunity has been, for example. In the scale of things, JLP will be a minor part of his day to day activities. But you don't attract people of his calibre as a non-exec and expect them to be like a full-time employee. After a long and distinguished career, such people don't want a visible leadership role or that level of commitment and wouldn't be available at all to provide their input if that was the basis of the engagement.

Two key things: "Going forward, the wellbore investor will cover its pro rata portion of the well's operating and overhead costs, and Zephyr will remain the operator of the well. " ....so all costs equally shared as well as profits and "If costs overruns occur beyond US$7.5 million, additional expense will be shared 50:50 between Zephyr and the wellbore investor." ....so its not a locked down investment leaving any operational risk at ZPHR's door . Seems to me a remarkable deal with no gotchas and a generous buy-back clause. Good work, Colin, and very obvious confidence on the part of the investor.

Rubbish.

Is it a first, edzi ..?? 😉 Nice late declared buy of 1.77 million at the end there.....

We now know there is no reason for the scale of fall - people didn't read the RNS properly, made up their own stories and of course the MMs took full advantage. This is an opportunity .... I disagree, when reality sinks in overnight after people are home from work it will rise. A 17% fall is totally unfounded.

SCAP is sitting on the touch at 4p but haven't checked trading since they set their price at 08.04am. They are going to be blocking trade fairly soon...

They won't be sells .... not showing as delayed and the price has moved up.

L2 bid 1/150K/3.7 : 2/300K/3.9 SCAP now moved up to 4p on the ask from 3.9 ....

I've used it as the best buying opportunity for years.....

So probably intermittent power transmission to Roan for 4 - 6 weeks.... Doesn't seem that impactful to me.

Added 100K @ 3.775 ... we shall see.

Oh, the trolls are out today....

Hahahahaha ....

Ilovesushi ... "there is uncertainty whether guidance production volumes will be met for Q2 FY2025" so it MIGHT affect target attainment. You are a F**kwit. There seem to be a few like you around today.....

You can guarantee that supply isn't an issue, thereby removing that risk.

There is nothing to suggest that the private supply is at fault; the national grid to transmit the power is operating intermittently. The supply is not the issue.

METALS – Copper prices near one – month high on China policy optimism

03:59

NEW DELHI, Dec 11 (Reuters) – London copper prices climbed to a nearly one-month high on Wednesday, as markets drew support from top consumer China's recent announcement that it will ease monetary policy and adopt a proactive fiscal policy to propel growth next year.

Three-month copper on the London Metal Exchange (LME) was up 0.8% at $9,290 per metric ton, as of 0353 GMT. The contract briefly touched $9,314 per metric ton, its highest level since Nov. 12.

The most-traded January copper contract on the Shanghai Futures Exchange (SHFE) rose 0.4% to 75,690 yuan ($10,443.31) a ton.

China will adopt an "appropriately loose" monetary policy next year, the first easing of its stance in some 14 years, alongside a more proactive fiscal policy to spur economic growth, the Politburo was quoted as saying on Monday.

"China ready to go deeper into debt to counter Trump's tariffs" - should provide a stimulus for commodities. https://www.reuters.com/world/china/china-ready-go-deeper-into-debt-counter-trumps-tariffs-2024-12-10/