Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
Two buys each of 3,950,000 shares, or 1.4% of the company on a rollover:
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
13-Jan-23 11:22:01 16.00 3,950,000 Unknown* 15.50 16.00 632.00k O
13-Jan-23 11:22:00 15.99 3,950,000 Unknown* 15.50 16.00 631.61k O
Interesting deals, either way.
Seems BHP / Newcrest may be lobbying politicians and playing the "Chinese are a security threat" card. Using dirty tactics to take rival bidders out of the picture. Agree with anon3 - need to cast your votes people.
Five days to further dilution of BHP's and Newcrest's holdings.
Huge far east company coming in on the scene.
Share price on the move upwards again.
AGM round the corner.
Should be an interesting couple of weeks ahead - sorry for stating the obvious :-)
Over the last few weeks, I think I've learnt more about the company's 'progress' from Adon30 (with the satellite imagery and pipeline permit application information) than the company's management team. If I was being really cynical, today's news is just a smokescreen in order to deflect attention away from the overdue 16-2 Production testing update - I hope I'm wrong because I'm invested in this company.
It would be nice to have an update. RNS from 24/10/2022 stated :
State 16-2LN-CC well production test update
The State 16-2 LN-CC well was successfully drilled, completed and tested in late 2021, although rates were constrained throughout the production test due to surface equipment limitations. Since then, Zephyr's operations team, working with a team of external consultants, has spent significant time designing surface facilities to re-equip the well pad in order to:
a) test plans for improved flow assurance;
b) prepare for eventual gas export and continual production operations; and,
c) obtain further production data for overall well and field management.
The Company, which previously announced plans to conduct an additional production test on the well, is pleased to announce that all permits needed for that production test have been approved and operations to construct further surface facilities on the well pad are in progress.
Multiple service providers are currently active on site, and the wellbore has been re-entered to prepare for the commencement of the additional well test, currently envisioned to begin mid to late November 2022.