George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Tyb is the person who in Apr this year with share price at 0.95p told us with his incredible insight that when oil prices recover this would shift quickly and we would see 3p in a fart. Since then oil has recovered from rock bottom to $43/barrel, and we’ve had at least 6 rns’s which according to him are absolutely fantastic news, and yet our share price has fallen 50% In that time ...go figure !!
No pawn we’ve been told for ages by newbies like msg that after AC met the president (probably the bloke who makes the tea for the president) that tilapia is definitely in the bag. It’s the people with way more experience that have been telling everyone else that with zen absolutely nothing is in the bag until it’s in the bag. We’ve seen too many £200k and more wasted over the years to think any differently...that’s always been the realists point here !!!
And being negative about the shocking performance of a stock you’re invested in makes you a troll ?! No it just makes you a lot wiser than the Johnnie come latelys like you about what’s likely to happen . Which is highlighted in the fact that your predictions so far are laughable rampy nonsense , where mine including this week are spot on!
Tyb is a ramping troll, literally everything he posts is a blind hopeful ramp ..I said the rns this week would do absolutely nothing for the share price and surprise surprise I was right ...I’ve told this board, and I even told AC back in January the only thing that will move this share price is the $5.3m or a successful drill campaign . I was right then and I’m right now
Msg the argument you and your fanboy tyb always seem to be making is “I’m a good investor because I bought in at a very low price and the long term investors are obviously not good investors because they bought in a lot higher”
The point you always seem to miss is pretty much everyone ..investors, multiple brokers, trade mags AC etc thought this was a superb investment at 8p when AC bagged a license with an npv of $600m in the most prolific Oil producing country in history (Azerbaijan). They then preceded to fail at every turn and blow smoke up everyones arses consistently for the next 3 years gaining the title on the journey of being uninvestable ... there ended up being nothing to do but basically drop everything and chase asset hunting dreams in Africa....Maybe this will end up being a good move and maybe a good investment for newbies like yourself, but you can’t blame anyone who previously believed in the project for being cynical non believers. This company still carries a roadkill stench around with it and until it achieves proper oil production through a successful drill campaign will never shake the previous uninvestable tag. It’s why when you get what you believe is a really good rns today there’s not even 20 trades and the sp barely reacts . I don’t think I’ve sad this previously but getting the $5.3m would also help!! GL to all
I have never self pitied in my life and I accept all decisions as my own, which is why I’m in a fortunate enough position to take this hit without it meaning a great deal to me and my day to day life...I just know what I know about the situation here
Let’s just wait and see what happens shall we. I finally saw sense here in jan and managed to get out at 2.5p (Which let’s face it even though I lost a load now looks like a damn good decision!) and I would have stayed out if It wasn’t for someone
Explain how are we now producing oil tyb when The ministry of hydrocarbons in Tunisia still has to grant approval for these acquisitions ?!
12th June rns below, still waiting confirmation.
Completion of the Tunisian Acquisition remains conditional on approval being granted by the Comité Consultatif des Hydrocarbures of the Republic of Tunisia in respect of the transfer of the Seller's right, title and interest in and under the Tunisian Acquisition to Zenith Netherlands.
Zenith can confirm that it has initiated the necessary formalities in relation to the aforementioned approval process, and that a decision is expected in due course.
I’ve read that sort of rns dozens of times from zen it will do nothing for the share price, and as usual deflects from the rns we actually need which is repayment of $5.3m along with tilapia license renewed ... on the plus side for him it will allow him to justify another raise soon, and then acquisition probably won’t happen anyway
I posted the below jokingly nearly 3 months ago after brokermandans supposed call with the ministry of hydrocarbons , 3 months on it actually doesn’t seem like a joke!
In BMD’s language issue call with the ministry of hydrocarbons the other day, maybe Instead of hearing down the line what he thought was ‘we’re pleased to confirm that we’ve signed an agreement with zenith’ was in actuality ‘we’ve agreed we’re going to single out zenith to be punished’ !!
AC has been consistently clear on many things over the years , and every single time without fail what he was consistently clear about fails to materialise! I’ll probably get out at 0.75p now. The odds on ever seeing 1.5p here again are long in the extreme!
Utterly ridiculous we find ourselves in the position of spending £200k for a license which has now expired and we’re in a dog fight to get it back in our hands! This should have been 100% bullet proof with the ministry of hydrocarbons before we bought Aaog. Unfortunately it comes as zero surprise to the experienced zen longterm shareholders here. Even posters like market gunslinger have gone quiet , probably now realising a lot of what we’ve been explaining for months about ac and zen is bang on the money