Member Info for Hoarder

If I may be so bold, another one would be whet, as in whet my appetite.

Over the two days it seemed to me that most shares sold were picked up by buyers so not that many left with the MMs. If correct then only about 1% of the shares in issue were traded.

Which is scarcely more than the fund raise and half of what they had at the end of June

'Although June’s £3.15m (gross) fund-raising perhaps served to highlight the present sensitivity of Zephyr’s balance

sheet to any surprise additional costings and/or delays'

Succinctly put as the stated cash reserves at 5th September stand at $3.5m.

Methinks the board will be applying to go on stage after this as jugglers

Asking for a friend, is vetting painful and does it result in any lasting obvious changes?

Maybe shouldn't say this but that good egg Malcy was going on about 10 bagging 12 or even 18 months ago, so what's another few matter ?

Will CH give certain shareholders sensitive information not being disseminated to the rest?

Not 3 buys at all

At the AGM CH will likely be given shareholders' approval to issue a third as many shares as are already in issue by way of a Rights Issue etc. Given how successful the last one was we have the right to question whether dilution will end up negating the increase in value we all believe to be there.

This is a discussion board and questioning comments should not be read as negative. I have never held shares in a company with such a huge mandate and hope any such action will only be beneficial to us.

Certainly. Figure 10 is followed by the value build up and the first line states 4p

It is unfortunate indeed to have the in-house and fully paid advisor issue a research note that commences with the assertion that 4p is fair value for where the company now is but when certain events happen the price should escalate. God help us if we see an independent note.

I believe the recruitment of a dedicated team together with the column inches and time in the short presentation can only mean a separate company with shares distributed to shareholders. Previously he indicated Crypto facilities could be located at many wells and extended beyond Zephyr.

Have pondered for a while about the BoD's alignment with the common or garden shareholders when most of their involvement is through one man. Seems to me the rest are disinterested in applying their capital to this venture. The number of promises still echoing around the television studios is worrying and I speak as a committed shareholder who fervently hopes the company will be able to deliver on the promise that is there and does not have to hand the business over to another organisation that takes it private without having to pay what many here believe should be fair compensation.

A possibility would be that the planned level of growth is no longer viable given economic pressures and a faster development is needed that will surpass any financial reserves the company may or may not have at its disposal. The world is no longer the same place as it was 6 months ago or even further back and this is what is being addressed by many companies now. In light of that a further placing or share issue to satisfy a JV et al is not a surprise surely?

Maybe £ do not equal $ exactly making both valuations correct

Noted Tim the colossal consumption of electricity these super computers consume that no household supplier would wish to see switched on. Already the US bitcoin miners take the quantity Argentina consumes annually and this figure is rising. I expect an RNS following the recent appointments in the not too distant future.

Historically speaking an English billion is defined as a million million, or 13 numbers while elsewhere it is more commonly defined as a thousand million or 10 numbers.

We saw no future in coal and moved to reduce our dependence on it. China decided to increase its dependence on it much to the approval of Australian miners.

Here in this country papers make their money trying to predict the failure of this and that industry, but Zephyr has nothing to do with this country other than it housing its registered office for the time being. It is unlikely at the moment that anything we see happening in this country will mirror in the USA any time soon.

I have to say it will be somewhat of a miracle if i am still alive in 15 years time, but it also highly unlikely that Zephyr will still be owned and managed by the current team and any concern over its future will be for a totally different caucus of shareholders.

No need to swear at me Island Girl. The point was meant to imply that any reference to 200 wells could potentially be increased to 300 wells in the event that subsequently the basin is proved to extend across the entire site.

Just to be pedantic the 200 well target specifically excludes the recently acquired 12,260 acres as highlighted in the Half-Year report.