Member Info for JSB1989

Morning shakedown over, back over 3.50p. 3.9p last Wednesday before initial RNS and could sell 500,000 at 3.87p then. If we had been given 285 BPD last week in that first RNS we’d be in the 6p area.

They have contained the price well so far after plenty of buying this morning. 4p finish this afternoon is my prediction

As fuming as I was last week, thankfully I didn’t sell. Great news and I’m happy with 285 from the well but I fear that lack of confidence and trust is going to hold us back. At 550 barrels we should be trading towards 7-8p but we’ll struggle to break 4p again!

Keep patting yourself on the back guys, great result and all that. Back to square one. Unfortunately I am still holding!

50% water so it’s 50 barrels

When you have waited 2 years for any increase in production HAPPYFISH it’s poor. It’s upto 100 barrels, most likely less.

Typical Zen! Another problem encountered. 100 barrels at best!

I think we will get flow rates mid week, Wednesday is my guess.

We haven’t kept over 4p for longer than a day since the placing in June 2018. This is the barrier to break, I’d like to think we can do it before the flow testing RNS.

Pleased to see that we have a 16m payzone to test. The news has just started to sink in hence the flurry of buying later on. We have gone from 10 to 200+ trades in a week. I can see the rise continuing leading to flow rates news. 4.5p before flow rates and huge rerate following successful numbers

Very nice start to the day. Inevitably we will be pulled back as traders and placing holders sell for a profit. The upward trend here has been established and the new wave entering in will push us through 4p, hopefully before the spud!

3.8-3.9p close today will do nicely and bring us closer to the 4.2p resistance which we haven’t broken in over a year! Interest is building back up again, there has been 1,100 views of the top drive video on twitter in under 24 hours which is a significant number for Zenith.

3.3-3.5 is a nice position to be in prior to the top drive arriving and drilling taking place. Now we have some buying momentum this would be the perfect time for a tweet to the arrival of all equipment! We are 12 days since they were just outside Georgia, I hope they aren’t walking it across the border.

Is that 3 million in total for you Kelsbells? Top drive should be here by tomorrow surely!

We are now in Mid June and still no drill turning, this is beyond a joke. The new investors calling ajbennett a deramper have no idea how frustrating the last two years have been with Zenith and AC. The shiny beast of a rig is collecting dust and rust and the sp falls further as we await the top drive which is two weeks late. Does anybody know if the six months period to operate the rig with BD Robotics has begun?

More dilution and more delays. That’s the Zen RNS we are used to! That will also kill the momentum of this last week when the placing holders flip for 15% profit.

I have a similar amount to that sold earlier this afternoon. At this stage in the game I couldn’t see why someone would be selling unless they are in the very select few who are in profit. 3.48 paid again this afternoon! Will 4p go this week?

Ezhik - I share your frustrations with this. Everything is so slow! AC makes me laugh how he has jumped on the BLOE bandwagon making comparisons. Maybe he should make a visit to their site in Georgia to get some ideas of efficient management

The cheap placing has unfortunately kept the price down. Lots of chunky sells under 3.10p for the last two weeks reaping those lucky investors 15% return. Once these have flipped we should start to rerate higher leading to the spud. AC - please get a move on, it feels like Groundhog Day, Week, Month, YEAR!!

Investors should be able to express their opinions and frustrations here. The vast majority of us want the SP to rise. I’ve been in since October 2017 with a significantly higher average than most and I want nothing more than the SP to fly north from here.