Member Info for maestro1

Sage I was in bloe when sp was just below 4p, we were getting occasionally selling then all of sudden the flowrate came in now the mkt cap is 70m and peeps think it's better value than Zen.. bloe was great value at 10m mkt cap now they need to prove a bit of wells if thy want to go further than 70m. Imho

Well if you don't like the asset you can try your luck elsewhere.

Zen has 2p net reserves of 31mmbls and compare that to the EV Zen is very cheap to its peers. Significantly... Zen produces 250bopd...

this is why we see Andrea filling his boots, its all out in the open.....

zeb
why weren't we informed about the obstruction i have followed this company closely. Andrea expects 250bopd-500bopd from eocene, the upper cretaceous is a bonus.

Has the obstruction been cleared.

it really makes you think why socar only managed 5bopd of c37 well when a nearby well in soviet era flowed at 700bopd, maybe they missed the sweetspot, they must be kicking themselves if only they drilled another 20meters and oil flowing galore.

Still think its the upper cretaceous which can significantly increase reserves, the geologist have wrote papers on this saying plenty of potential in the zone in Azerbaijan.

james

bloe has mkt cap near 65m now, well 16 will produce 500bopd consistently, at present they are being valued for future production.

Until they produce in excess of over 2000bopd i think current valuation is slightly high. imho

take zen mkt cap 9m, producing 250bopd, have proven reserves of over 31mmbls more than bloe.

Bloe may increase by 50% within a 12 months but zen has potential to be 10 bagger within 12 months.

I know where my money is at the moment, i was in bloe at 4p for the record but not now....

Those 2 geologists at Zen really love the exploration target in the upper Cretaceous..

Let's see if they are correct.

its evident that zen is undervalued, they have oil, they produce but market wants to see them producing more.

Once they start having success with these development wells i think we can have similar run to bloe.

c37 here we come...

Degsy

what did i say, its the same, this is what the city does, price now below placing price.

This company is still decent but now they have cash and need to drill the other workovers quicker, not one by one...

Only takes a day to install top drive, someone said here..

Sea

He's full of crap, the rig is almost fully assembled and the drill asnt commenced yet don't know why making rumours.

They are already producers, this is not ukog or angs which are are overvalued.

2p might hold? What are you on about we are at 3p. This is not over priced stock it has proven reserves, it produces oil. Next month is interesting...

They issued 14m shares recently, thats not massive overhang...

Well c37 and C30 are low risk in the Eocene they are expecting around 250bopd on each. But the deeper structure which is exploration might increase that significantly.

Well the rig is there almost fully installed. Top drive drive by end of month and then days away from drill after. It's a short drill, probably a day to get to first target.

At the moment price really depressed, 8m mkt cap too low should be 3 times that at present..

Imho

Rince and Repeat, city boys..

Should move this week as we get closer to drill at the recent investors presentation he said he expecting 250bopd-500bopd from c37 in the Eocene structure, the upper Cretaceous is additional.

i dont think he would be selling with 6p etc he believes the sp should be near 80m mkt cap with the reserves they have.

He is very excited about the upper cretaceous, they strike here and we are 20p.

Fully

I think it obvious who is selling, we had a placing a few weeks ago, a small placing, its the placees who are selling.

They invest in placings, sell shares for a small profit and then move on to the next placing in aim.

Fairly obvious..

https://www.zenithenergy.ca/news-media/london-investor-presentation-25-01-2018/

if you move to 12.03 secs and pause you will see slide with some muradkhanli well, two locations which states large untapped potential new oil pool in the upper cretaceous carbonate, well MOC-1 was suppose to be done in 2018 this didnt happen. This well was drilled in 1998 so it maybe in decent nick.

Should they find oil in jafarli in the upper cretaceous carbonate then things will be looking great.

Mkt cap will likely increase now.. Been on the floor far too long...

I agree with mudstud..

Pre spud can easily be 50%higher than current price. Remember price has depressed due to delays. They finally drilling...

Add to that they have healthy reserves.