The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Sure does blissful, extract from Malcy's Blog pasted below :
"Whilst all the figures here are inevitably historic it does give investors a guide to the incredible achievements of the Zephyr management team over the last 18 months. They have more than delivered, successfully drilling the Paradox Basin starting with Government money leading to the current position, an extended well test ongoing and an Autumn campaign of three more wells which must have a very good chance of opening up the next prolific onshore U.S. oil and gas play.
Indeed, after success at the Paradox, the company invested in the Williston Basin portfolio designed to give the company a much needed cash flow to pay for the potential at the Paradox. This has had the effect of making Zephyr into a full cycle company with a great deal of upside scope from Utah and add to that increasing Williston Basin high yielding production, it does what it says on the tin.
It is going to be a busy 2H for Zephyr and one in which much news will be hitting the market, don’t forget the company is currently fully funded so barring the unexpected won’t be coming to the market for funds. The build of this company has already started and I expect it to be a very substantial one in a very short space of time, it may come very quickly.
As an equity investment Zephyr looks incredibly attractive, indeed as suggested above I expect it to grow exponentially and under pretty much any economic industry metrics. At 4p investors should park their increasingly incorrect views about the company and see it as at least a ten bagger form here and maybe quite soon. "
I listened to the 12th May interview where CH is reported to have stated regarding the permit applications. However, I don't recall him saying the applications had been submitted (I could be wrong). Only remember him saying something along the lines of it not being necessary to notify the market when the applications have been submitted; the market only needs to know when the permits have been granted - hopefully very soon.
Any trade above 4.3p today is a buy. This morning the true spread was between 4.2 and 4.35. So some of the larger trades have been buys.
Bubble, I think I'd be correct to say, all of us invested here sincerely hope you don't get your entry point ??.
Very incorrect Bubble - way off the mark actually. Please go and read the company website for information.
Drills require permits, planning and financing. Zephyr are progressing on all fronts but these things take time as you well know, cf Solgold. In the meantime Zephyr is making millions from the non-OP assets. Will probably have an RNS in the next couple of weeks giving revenues for the current quarter. Expecting it to be $10-15m.
Seems you have an agenda: you are waiting to take the profits from other mining investments then will buy into Zephyr. Best of luck to you, however I feel you will miss the opportunity if you wait too long.
Thanks Karl. Picked this out from the Auctus note :
"Value build-up
Our NAV based on the company 2P reserves is £0.04 per share. The key event to create
value is the upcoming 3 well drilling campaign that will (1) delineate the resources in the
Cane Creek reservoir on the WSU, (2) target the C9 reservoir in the WSU and (3) prove-up
contingent resources in the Cane Creek reservoir at the Cane Creek Area DSU. On a
success case, this would take our 2P NAV to up to £0.23 per share by YE22.
A further success at one of the other overlying reservoirs in the WSU in 2023 would take
our YE23 2P NAV to £0.32 per share."
Haha..try again. Thanks Everopeful. I missed the Vox Markets interview. Link given below (substitute asterisks with 'vox markets' with no space between vox and markets):
https://www.**********.co.uk/articles/zephyr-energy-webinar-with-q-a-43e4872/
Thanks Everopeful. I missed the Vox Markets interview. Link given below (substitute asterisks with ********** :
https://www.**********.co.uk/articles/zephyr-energy-webinar-with-q-a-43e4872/