Member Info for maestro1

Lombard is feeding the market though..

i think they dont have any expertise in the oil and gas sector, this is what is scary.

We need to ask where is the 250bopd revenue going? Do they have enough money to drill c37 and c30 well deepening..

Now we have more flippers. Cant see drilling commence before mid june and then another 4/5 weeks for results. Cowboys is the word.

martbmth

its patented, no one can nick the idea, it takes years to get product tested and past all the regulations, it looks like FUM are near the end, the product works they are just doing the human testing to test the moderate ED patients.

Pharma stocks tend to be valued at future potential, maybe the market is realising this looks a great product.

Another thing there maybe a large buyer in the background hence the rise. Lets see if it continues.

Thomas Browne

Trying to get my head around this why is the price moving now on no news? For months this as been trading at low levels.

We know they have a great product and once this phase 3 is complete the asset will we valued alot more.

I think many would prefer to use gel than a Viagra tablet. Current mkt cap looks cheap for something potentially which can be worth billions.

well for some reason they were not allowing you to buy and then they would drop it, i hope a placing is not coming.

Aim is full of it recently.

well something is going on?

Why is this moving?

angs, ukog and aaog all have lower 2p reserves.

If the mkt valued those at their current prices, then zen needs to be valued near 80m.

The current well zen plans to drill further 500m, they plan to drill another 30m to hit the sweet spot in the eocene, soviet well produced 700bopd from here.

Then they will test the upper cretaceous slight further down, proven in other fields but zen believes the reservoirs are connected within the 3 fields zen owns.

Appiamma

We needed volume to flush out the overhang, judging by the rise it appears so the overhanf has gone or is nearly gone.

We have zen with a mkt cap of 10m, its produces 250bopd, it has 2p reserves of 31mmmbls, its owns two workover wells and one drilling rig currently being installed on c37 well site.

We have the likes of ANGS and UKOG, AAOG having larger mkt cap and producing less and having proven reserves.

Zen is really undervalued, its fainally getting back on radar.

With 2p reserves of 31m, and producing 250bopd, this should be trading alot higher.

Mkt 60m
Producing c.4000boepd
No debt
Cash c.$17m
By year end production will be 9000boepd, gas piped being installed.

Current mkt cap 60m.

This one is currently being manipulated.

jndavid

agreed, the thing is they are still cleaning the well for another 1 weeks, possibly the production may increase further.

Now CAD has meaningful production, they have investment in Proger and they have near 20m pounds to purchase another asset.

If they can pull off a producing asset it will be great.

This has a low Freefloat and i can see the price moving up further.

I dont think CAD expected to see 156m of NET pay in the Yamna formation, will be interesting to know what they plan to do now, whether they drill more wells in the Yamna formation, this year.

This will definately increase the reserve estimate

http://www.cadoganpetroleum.com/investor/shareholder-information/shareholders.aspx

Only 25% of share capital available for investors, 75% share capital is held tightly.

SPQR Capital Holdings SA hold 28.5%.

So... They had $35m in cash..

The lent out Eur13.38m to Progar with a interest rate of 5.5% per annum.

"In the year to 31 December 2017, Proger had revenues[1] of €110 million, generated an EBITDA of €9.1 million and €4.0 million of net profit; for the first six months of 2018, net profit grew to €2.74 million."

CAD have option to take 22% of this asset or get the loan repaid in full with interest, Proger is profitable.

On top of this CAD has 16m POUNDS in cash, and recently the production rate for company has come in at 600bopd. Who knows, they are still cleaning the well, maybe production increases further.

Cad is Profitable, they have a very good investment with Progar, remember the valuation was set in 2017 so CAD share in progar might be worth near eur20m now.

Fair valuation of CAD at present should be near 50m, at present the 600bopd are not factored in at all.

it never reached 14p

L2 looking weak, looks like it will fall further.

Zioc listed on aim with a mkt cap of £437m, now its currently trading with a mkt cap of ONLY 20m, whats changed?

The asset is still their, it is at more advanced stage, they are closer to producing the mine, they have a multi billion dollar partner in Glencore owning 51%.

I think this company is significantly undervalued, the mine will happen, haviong Glencore as a partner is a major plus.

Kore potash fell under 2p recently they are recovering and are back over 3p now, same should apply here, Zioc has fallen from over 10p for no reason.

Zioc owns 50% asset and the other 50% is owned by glencore, i think Zioc is significantly undervalued here. The asset is in Republic of Congo are very good place to do business.

IMHO back over 10p soon.

i think Money has sold, not posted on this thread for awhile.