Member Info for Kennymac2610

Stockpot, It was because of the fact that I truly believe that the current market cap does not represent a fair value for Zephyr and its assets, that I asked CH during a recent market presentation, whether to drive shareholder value he would ever consider selling the company. He replied in the affirmative, which once again shows that he is totally aligned with the shareholders……..after all, he is one of the largest shareholders. Sometimes you accrete the true value of the company, by selling it. Crazy, but true.

Grahamesme, I am a great believer in Supply and Demand, and how it affects share price. The reality is that there are not enough buyers, for whatever reason, to drive the price up and it almost converts me into being a trader rather than a LTH.
It could be a fun exercise, if all willing participants on the Forum all tried to buy whatever number of shares they could afford on one day, just to see what would happen to the price. Hopefully, such an exercise does not fall within the realms of market fixing, in which case we should not do it!
My other concern is that the Bhoys would have to get off his sun bed, but hopefully not trade in his Mercedes to participate, as he has been quieter lately. Clearly retirement suits him.

Oilworker1, thanks for sharing your response from CH. It is great to have an oilman on the bb with technical knowledge. The company needs to attract institutional investors once they have released the CPR valuing the proven and unproven oil and gas reserves. By doing so, it will introduce new buyers of the shares which will in turn increase the share price. The piddly amounts traded just now does nothing for the SP.

Papaduke, I understand your frustration as to why even after this good news the SP is currently below highs experienced some weeks ago. I think it managed to get above them for an hour first thing today, but did not manage to maintain it. However, the reality is that there needs to be buys or buy orders to drive the price up, regardless of the news. It is back to the economics of Demand and Supply. If there were lots of buy orders the mm’s would increase the price to attract sellers, to fulfill the orders. In the absence of the demand the price will drop as we have witnessed many times post good news. That is why I asked the question of CH if he would be willing to consider selling at some point to realise the potential value of the project. He said yes, showing once again that he is aligned to his shareholders.

Regarding your comment that it “just makes you want to not invest anymore, what’s the point” I think that you like me got in early doors, and you will have multi bagged. It was 0.8p when I started buying in December last year, and you cannot really argue that we have not been rewarded from the success of the last eleven months. A 9x return is pretty rewarding by any standard, and we should not overlook the great performance of the share, in the last year.

There is more to come but we have to remain patient, but above all we need buyers of the share.

Malcy’s final comment says it all!!

With the production that Zephyr bought to give funding flexibility and now a really great result from the Paradox Basin I’m sure that when I speak to Colin later it will be a positive but as ever measured conversation, I shall be less measured, this sets Zephyr on the road to being a landmark oil company and the share price should increase substantially from here.

Island Girl, It was an amazing result for The Saints, so I admit miracles do happen. Even West Side FC might get the double in the Lewis and Harris league!! What we can say is that we wish The Bhoys has a great retirement, but he should not waste his hard earned savings gambling!!

The Bhoys, I agree it does happen and it has happened with Zephyr. In the example you give of Rockhopper they became a five bagger and then a 12 bagger.
Zephyr was 0.89p at the beginning of the year and are now a tad over 7p. It has already become a 8 bagger and if it gets to say 12p in April it will have become a 13 bagger which is better than the Rockhopper example. What I do not know to make a fair comparison is at which stage in Rockhopper’s development was it 40p.

Discussion without realism is fantasy. If it got to £1 that would represent a 112 bag in little over a year and a £1.3billion market cap..

For what it is worth, I think it may get to 10p by year end if this weeks results are favourable and once the potential value of Oil within the Zephyr portfolio has been reassessed by year end it may get to 12p by April.

However, I hope that you are right and I am wrong, because in the immortal words of Del Boy, this time next year Rodney, we will be millionaires!!! Sadly, I fear that it is not going to happen, but we should be really excited if it gets to 12p as it represents a fantastic return if you bought in early doors.

There is nothing wrong with being ambitious The Bhoys, but the market cap moving from £92m to £1.29billion in the space of six months is the stuff of dreams……..but like Airdrie winning the SPL!!!

Maybe one day it will get there, but unlikely in short to medium term.

Biggest problem with this calculation apart from the arbitrary 50% adjustments is that you have used the market cap of £92m for the number of shares in issue. The actual number is 1.29 bn. Makes a bit of a difference!!!!

As this is my largest holding of shares, I too hope that by the end of the third week of October, when the drilling of STATE 16-2LN-CC has been completed, that my investment will be de-risked and that the rewards will follow. However, it is only fair to point out that there are substantial risks still attached to the investment, which is why the SP is behaving how it is. CH pointed out that this is the first time that Hydraulic Stimulation has been used in the Northern Paradox, and will be the first proof of concept. There is unusual High pressure in the reservoirs, which can be a positive and a negative and if it was going to be easy, it would have already been done. I am satisfied that the company are doing everything to address the risks, but also realise that this could be binary. The result in the third week of October will be either positive or negative, with the resultant effect on the SP. So it depends on your risk appetite, whether your cash in some of your gains, hold onto your current shareholding or add to your holding in the hope that all will be ok. I will neither be selling or adding but praying for a positive result.

Can anyone offer advice on how the Warrants work. I have been shareholder since 2018. If i sell some of my shares now, am I right in thinking that I will still get the warrants in respect of my shareholding as at 29 Jan, regardless of how many I sell.

For those who did not see the presentation last night, it is worth listening to the presentation from Transglobe Energy which is Canadian company. Similar situation to Zephyr where the value of the oil in the ground is a multiple of Market Cap. Big difference is that their well is operational.

Multiply it by current Corporation tax rate and its best to ignore it, especially in a takeover scenario

Professional presentation and tells you all you needed to know. A great investment opportunity in my opinion, but I am not an oil man.

I agree. Felt like a re-hash of the previous RNS. Only difference is that it allayed any fears re the Biden threat for leases.