Member Info for indi123

Good revenues and interesting to learn about Auctus. However, would also like to know how Paradox is progressing.

MEM:
"Disappointed 26 Apr 2022 07:14

Expect a sell off"

As much as you were correct regarding the SP, in a matter of a few days you've swung from disappointed to super optimistic. The company hasn't changed in those few days. Just calling you out as a trader (I have nothing against traders) with an agenda which suits your trading pattern rather than a genuine investor.

What were you expecting to hear micru? Don't think new news is going to be telegraphed to Malcy before an RNS to the market.
The main point is Malcy and CH think the Sproule CPR is a great one and things are progressing nicely.

Thought to repeat-post an extract from Malcy's Blog (he's been correct on Zephyr to date) :
"The combined Paradox Basin and Williston total 2P proved reserves on an NPV-10 basis of over $111m is huge and given that it comes with potential for ‘many multiples of added value of potential upside’ and that the management plan to increase reserves and resources within a year their confidence is high. Indeed the fact that Sproule have given Zephyr the OK to book as proved reserves from the State 16-2 well should confirm that.

Given the time differences I havent yet had an opportunity to speak to Colin so I may add further comments in due course but there is no doubt that this is an exceptional CPR which makes it more surprising that the share price has fallen this morning.

Investors who have followed this story closely know that it is backboned by what I consider to be a very high quality management team who have put together a company based on firstly a plan for the Paradox which worked and then skilful addition of production in order to fund the drilling programme.

The shares at today’s 7p are a steal and I must get Colin in front of a camera shortly…"

Has anyone emailed Colin recently and raised any questions? It would be interesting to know his thoughts on the share price action.

....I suspect. Though it'll never be proven in this manipulated market.
Feels like some entity is trying their best to run the price down.....yesterday's PFS did not warrant the drop imho.

ART123, the extract below is from Turner Pope research note published today ( https://mcusercontent.com/d9ebd7c1aa0f3dbc5fab42eca/files/a86286ae-dde5-d834-306c-e7e3978691e1/ZephyrEnergyplc_ResearchUpdate_8April2022__FINAL_BG.01.pdf ) :

"Sproule’s Paradox Competent Persons Report anticipated in coming days

Originally expected to be released in March 2022, Sproule is expected to release its CPR covering the Zephyr’s flagship project
(including overlying reservoirs) in the Paradox Basin, Utah, in the coming days. This is expected to provide significant insight to
the Paradox Project’s upside, potentially with 1 billion boe in place of which between 5% to 15% considered recoverable."

It would be good to know whether this indicates someone is dumping the placing shares or they're building a stake. My guess based on SP direction of movement, someone's sold.

Thanks

Do we know if it is still flowing?

"wednesday morning 7am RNS"......is this an opinion? :-)

At current prices, if they've left 16-2 flowing, it should be close paying for itself :

"The test indicates a highly successful appraisal of a substantial new gas condensate resource and one which the Company forecasts will deliver strong single well economics. Using updated production forecasts and realised prices of US$3.00 per thousand cubic feet ("mcf") of gas and US$65 per barrel of oil ("boe"), the Company estimates that the well will pay out in under seven months and have a net present value at a ten per cent. discount rate (NPV-10) of US$12.5 million.

 

· Zephyr is currently evaluating well equip and export options in order to put the well on full production as soon as practicable. The Company is also appraising a number of potential profitable solutions for selling the substantial volumes of natural gas expected to be produced from the well. These solutions, detailed below, include the sale of gas into nearby existing infrastructure, as well as the potential to co-locate a cryptocurrency mining facility onsite in a similar manner to other nearby operators in the Paradox and Williston Basins."

At current prices, if they've left 16-2 flowing, it should be close paying for itself :

"The test indicates a highly successful appraisal of a substantial new gas condensate resource and one which the Company forecasts will deliver strong single well economics. Using updated production forecasts and realised prices of US$3.00 per thousand cubic feet ("mcf") of gas and US$65 per barrel of oil ("boe"), the Company estimates that the well will pay out in under seven months and have a net present value at a ten per cent. discount rate (NPV-10) of US$12.5 million.

 

· Zephyr is currently evaluating well equip and export options in order to put the well on full production as soon as practicable. The Company is also appraising a number of potential profitable solutions for selling the substantial volumes of natural gas expected to be produced from the well. These solutions, detailed below, include the sale of gas into nearby existing infrastructure, as well as the potential to co-locate a cryptocurrency mining facility onsite in a similar manner to other nearby operators in the Paradox and Williston Basins."

Looking good...offering 6.42pps for 150,000 shares.

across

Judging by the last two days price movement, get the impression someone acroos the pond is feeling confident.

HawaiifiveO, please forgive my ignorance, which meeting are you referring to ?

Should drop anytime between now and coming Monday. Hopefully a huge recoverable asset.

Guess this is to be expected, search for 'platinum'also lists the same page.

Setanta......you've called it corectly for the last few months. FWIW, I think you'll be proven right for the future too.