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Next big buy should top the price back over 0.5p...............will be quiet till the next good announcement and if if 0.5 breaks easy ride to 0.75p........dyor
The $6.5 seizure is a fact and considering the current share price is valued at $11.8m it should add 50% to the market cap once the money reaches our account on success..........which is very likely as Zenith have done everything by the books and backed by legal teams who are confident...........expect the share price to reach 0.8p on success on just the $6.5m alone..........now if we retrieve the $40m+ owed by Congo and Tunisia the price will multibag..........lets see what the next several months bring.............DYOR
Same will happen with Congo........AC will retrieve the money through the courts and the Tunisias and Congolese ministries will have no option but to pay up.......sometimes you have to put your foot down which AC is clearly doing here..........dyor
Brought more here.........why not :)
All blue trades this morning.........volume looking decent.........dyor
Fantastic news...........AC taking no prisoners..........good time to buyback in for those that sold.......dyor
11.6m volume...........I am guessing there is some sort of exchange of shares..........if it finishes break even by Friday then that is very likely the case.......imo of course
Rude not to.............added more stock listed as a sell..........Dyor
" French court case so far four years and ongoing no news flow. No news on recovering Congo funding owed AAOG? "...........your sentence makes the assumption that Zenith Energy had been in court against the SNPC........when it was actually AAOG........proceedings have only begun by Zenith to retrieve the money owed.......dyor
Ezhik no one cares about your other stocks.......were here to discuss Zenith not your other stocks you're trying to pump.........AC is out networking and hopefully not far from signing us an asset to get the ball rolling........touch wood!
Whose Davy50?..................?
Volume absolutely through the roof.................still time to get in
0.2 PENCE NEXT
Crazy volume..........something is desperate..........imo
The deramping desperation is worse than the ramping imo.............we are still waiting onsevera; potentially positive updates and the worst news possible has already been digested by the market.......personally no more downside here and to listen to the deramps and to sell at this level will be a mistake..........personally believe any positive news from Benin Tunisia (money won before or after arbitration ) USA and Yemen would take us back to an easy level of 0.85 pence.........with all of them back over 1.5p therefore smart money would be buying or averaging down.............imho and DYOR
Very little between here and 0.2p...............with good news easy legs back to 1p
Kniko I agree I believe a big settlement will be agreed beforehand............imho
Personally I think a large payout from Tunisia with its current political climate is a great result for Zenith.........even $25m payout from the $38m will be a huge result..........I also think the money will be settled before going into arbitration.......imo........mls please refrain from baseless deramping it adds nothing constructive to the forum.........thanks
Volume has picked up seems there is some nice buying coming in..............expecting another run back over 0.25p by summer..........dyor
Regardless if it takes time or not I believe it is very likely that the Tunisian authorities will want to settle this out of court to and negotiate to prevent having to pay the full amount.............in the event that we get paid from Tunisia Congo and win an asset in Benin anyone who missed buying at these levels will be kicking themselves.......even one of them will double the share price quite easily.........again all imho of course