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where can we put our questions forward for the investor call?............thanks

Rob 3 will be even bigger imho..........dyor

the outlook should be all clear after the investor call.........we have a lot to look forward too.......dyor

Miton on board is good enough for me.............just added further........dyor

Caravan the paid derampers will tell you otherwise................facts speak for themselves buy and hold for a year and it will multibag with ease.........imho

agreed...........once the side track is drilled then everything produced by the side track is able to be sold on the open market..........which from what I remember is at least 4mmscf/d which is around £1m a month......plus approx half this again from the hedged money.......I can see no way that SFB can generate less than £20m in 2022 which shows a great return on investment..........this will then leave the debt paid off and £10m left for Angus to split with their parnersll......2023 would make another £20m where there will be ANOTHER £10m net to Angus........finally add in a Geothermal project and 2022 I cannot see the share price less than 5p........anyone buying at these levels is buying at a steal...........all imho of course and DYOR

https://www.investegate.co.uk/zenith-energy-ltd/zen/credit-rating-upgrade/202111021226070923R/?fe=1&utm_source=FE%20Investegate%20Alerts&utm_medium=Email&utm_content=Announcement%20Alert%20Mail&utm_campaign=Zenith+Energy+Ltd%20Alert

Luca Benedetto, Chief Financial Officer and an Executive Director of Zenith, commented:



"We are pleased to receive an upgraded credit rating that reflects the positive work we have been doing in terms of strengthening our balance sheet and enriching our portfolio, as well as being a product of the favourable economics of our energy production operations due to the current high pricing climate. It is our intention to further improve our ratings as we deliver on our development objectives.

also the price has barely dropped to where we were 3 weeks ago.............they will hold until they get true value from Tunisia and soon Congo.........dyor

My thoughts are the biggest upside from todays news is the fact that Miton have taken part in this placing.........from the last TR-1 they announced back in July 2020 they held 24014979 shares which is around 2.82% of the whole company........the fact they have taken part in this raising shows big confidence that the share price will rise significantly from here.....these guys are also long term holders and expect to see a significant return on their investment both from their past and now current new holdings.......It an look disappointing on paper but you should take heart that Miton are fully commited behind Zenith and they see the price multiplying from where it is currently at...........DYOR

rpg7 that never usually happens..........what happens is they come back blaming AC and then attack investors LOL.............dyor

I have not seen anything but good press for Zenith and AC has done a smashing job.............there is not an issue with the long-stop date passing as the company would have had to announce that they had lost SLK and they clearly haven't.......I suspect that following the success of ROB-1 they are just sorting out the approvals now awaiting a signature or two..........sure this wont take long as AC clearly has a friend or two in Tunisia............gla

great post MG agreed........

Zenith is comprised mainly of long term holders..............most are happy with the fact that the company is improving production adding assets and developing the company further so trading shifts will not bother us much.........the market days of 50-100% swings on good news are over - but one thing is for certaom that over time production will be ramped up here from Tunisia and assets will be added soon (Congo).........expecting minimum 3 pence by q1 2022.........dyor

"We are very pleased with the outcome of our inaugural operational engagement in Tunisia. The workover of ROB-1 has been executed without incident and on-budget, enabling the Company to increase its daily net cumulative production to a total of approximately 650 BOE/ day, the highest production rate in the Company's history." ...............this says it all the company is transforming into a serious plater...................dyor

will be happy with more than 60 barrels................if we get 100-250 would be amazing and would expect a huge uplift.........lets see not long to go........dyor

Rob-1 alone makes Zenith a very worthy investment.............if Tilapia and Nigeria come in then the skies the limit........dyor

Honestly I am very baffled with todays news of a huge upgrade was expecting a minimum 20% rise...........shows how much I know about the markets!..........either way I added further to my holding here and holding for the foreseeable future we may get a tick up before close to 1.2p lets see.........dyor

mls they have done better than 90% of other oilers I think AC knows more than you think...........how many other oilers can you say are producing oil and actually selling oil for money?.........over in Norway Zenith is the hottest stock there and we all know how careful the Scandinavians are with their money and they are fully backing us........dyor

Really surprised the price hasn't rocketed on this news.

In summary the Report estimates production giving rise to gross field revenues, before costs etc on a mid-case basis of £230 million (previously £141 million) of which Angus's share is 51%. This approximates to a gas price of 64p/therm being a mix of the actual volumes already hedged at 43p/therm and the remaining unhedged volumes accorded prices derived from the quoted and traded NBP forward curve to December 2026 and thereafter escalated by 1.5% per annum. The gross volume of reported Gas Reserves is unchanged.

This is a superb announcement.

Florida you cannot help but deny AC has transformed the company giving us good news constantly without any leaks.........Zenith is really starting to get noticed on the uk markets.......its already one of the hottest stocks in Norway............Im genuinely excited to see the market cap grow from here on in..................dyor