Member Info for JSB1989

Looking through the tweets from when Zenith erected the rig in Italy we appear to be in a similar position to December 20th. The rig was completed on January 4th. This is two weeks from here but I would assume there was some downtime with Christmas and that rigging up the second time would be more efficient.

I think the wording from Zen 10 days ago was poor using ‘rapid’. They had clearly just started out after the azer holidays. I’m hoping that the rigging will be done by the end of this week with some long shifts from the team

https://mobile.twitter.com/zenithenergyltd/status/1120593684771295232

Well they won’t be drilling in April if that’s the progress they have made in two weeks!!

I wonder if this is a new strategy from AC to stay silent on Twitter whilst they are rigging up. As recently as last month he has been super keen to show daily progress of concrete drying!

It does draw similarities with BLOE in its geology and location. Hopefully with the results and share price response too

Volumes are up significantly this week with big interest from new investors. I can see this breaking out to 4p by Friday with this buying pressure.

Ezhik, I think we are in the same boat, invested heavy with a similar average! It’s great to see the interest but the management need to capitalise on this with positive news flow and good comms. We are 11 days since the last social media update, it would be nice to see a structure emerging at C-37

All buys so far this morning with some showing as sells. I’d expect an upswing this week as the prospect of drilling draws closer. I’ve also noticed more interest on social media from traders about the drilling.

I’m no holder of BLOE but Andrea needs to nip across the border and watch how a company is successfully managed and growing wealth for its shareholders. No Twitter comms for a week, anything happening Andrea?

Andrea will think by posting two or three tweets he has made up for the continued poor management!

Agreed Ezhik, last year 1000 barrels achieved would have translated to 30p in the share price. Massive dilution in the last year has made this target translate to 10p. That will be tough!

Another 17 million shares issued. Soon ANDREA won’t be able to boast that we have a small number of shares in circulation. The number is continually creeping up.

Thanks for posting. So it looks like we have a quiet week ahead with the Novruz Holiday taking place between for a week from tomorrow. From next Wednesday it will be all hands on deck with the erection of the rig. Andrea said results expected within 3 weeks of the drilling commencing. My timelines put this around mid-late May for C-37 results.

That 2.3 million trade was nearly 1%. Maybe we receive a TR1 next week if it’s an existing shareholder increasing. The question is who is it? AC, Miton, new investor?

The price is been held down for these large trades to go through. Next week and beyond this will fly.

https://mobile.twitter.com/zenithenergyltd/status/1106473080455606273

The rig has 80% arrived, nearly there. DS1 - stop waiting and get buying, the 5p train is nearing the station!

DS1 - there is no doubt that the rig will be onsite, they will be tweeting updates any day showing the rig assembly and we will see completion of the delivery in the first week of April. I expect buying pressure all the way until then and 5p will be nailed on for late April. On good flow rates we will see this double to double digits. Just think, once we have the rig there will be no waiting periods such as the one we had last year for many months with the work over programme. This is a sleeping giant with huge onshore reserves and we are fortunate to have our positions taken.

Last trucks leaving so should be arriving in early April. Let’s hope they have structured the deliveries so they can start assembling the rig.

https://mobile.twitter.com/zenithenergyltd/status/1103616474223124480