Member Info for JSB1989

Spot on with your play by play Sea7. Do you think Martin Ooi will continue to add further once FIL are out?

7.3p to sell now. This has been in the shadows of the GGP rise. When people catch onto the profitability and undervalued MC this will be back into double figures!

This isn’t one to trade either, it has a false drop and bounces back so quickly.

Plenty of delayed trades of 100,000. Martin Ooi loading up more??

Can sell 120,000 at 7.05p. MMs are short on shares!

Let’s break this 7p resistance today before the results are due next week!

JohnnyM, I had the same conundrum as you with regards to selling. I sold out last week and have made good money from my zen holding already. Today highlights AC’s strength which is raising money and his weakness which is frittering it away on nothing.

Got another 40,000 now. No point in waiting until the end of the week as this looks primed.

Just bought in this morning at 80,000. This looks highly undervalued, I'm bullish on gold and seeing a major shareholder take out another 6% is a good sign of things to come. May take some more later this week.

I have sold out my last holding this morning having been here since October 2017. Massive loss for me but I’d rather leave with something than nothing. Azer looks done to me, AC is now focused on the Congo and I can’t see them been successful there if they haven’t done anything with Azer. Three placements in four months show that they are in desperate need of money. Good luck to everyone with your holding!

Azer is done IMO which I’m gutted about. I invested for proven resources which required implementation of the latest equipment to get the oil out of the ground. Zen is now moving to been one of these wildcat drillers who cross their fingers and hope for a result.

I’m not against acquisitions but this would require a steady increase in production from Azer. If we had hit C37 at the stated production and C30 was similar we would be at almost 1000 barrels a day and profitable. At that point we could look to diversify and add Italy and even the Congo whilst knowing we have a safe and stable flow from the Azer field.

I’m expecting an update in the next few weeks to confirm that the Azer field is done.

Good to see that Andrea isn’t trying to do this by himself and is bringing knowledgable people on board to help run the African operations. He should do that in Azer and let an oilman run the show.

That would be huge if the photo/map was accurate as the rig and site looks ready to go. What I don’t understand is the change in policy on social media comms from the company. We’ve had silence since the debarkle at C-37

I have Netflix and Amazon Prime too bots. On a serious note, I can’t see which direction we are heading for. The acquisition of tilapia makes me think that either SOCAR or Zen are closing to pulling Azer which is very worrying as that was the attraction to me investing!

I may have lost/down nearly 40k on this in 2 years but it does keep you entertained with the twists and turns of the plot line. I reckon the trilogy will finish in 2021 with a drill in Antarctica.

Cannabis would be good to be fair. AC would make more sense

Apologies about the wrong Congo!

Offshore & DRC = High Risk / High Reward

Bear 666 - we have given AC 2+ years to deliver shareholders some value and he seems content in diluting and lining his pocket with cheap shares and an exorbitant remuneration. He needs to be accountable for the failures.

All time low now, first time under 2p. Merry Xmas AC!