Member Info for MarcEtMaker

1.8m at 5.68. Do they know something?

I think the bottom is in here. Price finished above the 50 day moving average for the first time in 6 months.

A few worries over funding, however clearly stated funded until back end of year 2 which is another 12 months away. Plenty of time to keep up the good work and get more royalty partnerships. Can’t believe how cheap this is for the technology and market it’s capable of getting. US and China deals already secured is fantastic.

Good luck all.

Looks good for an afternoon move.

Mila looks a play play too with diamond drills due any day now.

Well done to those that held. Crazy to watch

Mila - expecting more results from diamond drills. Due any day.

Bottom in, now for a new high

Bit of volume. It’s like nobody is aware of this share. I stumbled upon this by chance and looks good. Paying down debt, revenue and profit generating, multiple sources of income, funded and undervalued.

So Zen are also making €265,000 a month profit on the Italian electricity operations. Added to the oil revenue, this does seem very cheap. What am I missing here?

Btw - trades are coming in but are delayed. Mine still not showing

Just seem the RNS and have done some quick sums. Agree way undervalued. Making some good cash for a small market cap.

The performance of our energy production activities in Italy and Tunisia gives Zenith unprecedented financial security and the required operating cash flow to successfully deliver on our operational and business development strategy across the portfolio

So at a production rate of 5,000 tons per month and a profit margin for f circa $300 per ton this will be roughly $1.5m a month profit. That’s $18m profit a year with a market cap of only £25m. With a golf asset too this seems very cheap. A p/e of 5 (low) should be valuing this company at 4x market cap.

Think it has a really good chance of returning once proved safe. Going to get exciting here with the licences held.

Ready for next leg.

Natural gas breaking out.

At this rate.

.

Looks to be breakout day. 50p short term in my opinion.