Member Info for NewKOTB

IMO, two large 250k delayed buys completed and posted today. :-)

atb

Any thoughts anyone !

Vol Sold 332,133
Vol Bought 0

Back to pre OFAC levels .... it's as if we never received an extension of an extension to Feb 2021.

"I havne't held any other share for ages, so I doubt I'm that familiar... "

CHAR by any chance!

"your" in both counts ... lol

Maske2g,

You writing style is extremely familiar .... what was you avatar before ?

eh up petunia !!

Maske2g,

"or knows inside of a potential hold up .... "

lol, this is from someone who has suddenly taken a keen interest in ZIOC for only the last few months ..... lol, some of us have been here years ! "Hold up" ....lol

PS Clever game btw.

Upomega,

I do concede that a 100% rise on relisting may be just a tad on the ramp side but still achievable ! However, I am looking at should a deal materialise between now and end of year, then dependent upon the RNS my projections are currently in the range of 170-185p to 222-244p
aimo

Upomega,

SQZ are looking to double production, that is worth way, way more the a tiny 20%, we have fallen c10% off recent high of last week. Think you are selling yourself and SQZ short .... not as in trading terms of course, leave that for NI.

atb

If the next deal announced puts on <40% to the SP then it's not the deal we are all waiting for imo.

BKR added +140% on relisting and it has taken, is taking, time for the market to catch-up.

For SQZ to walk the walk on doing another reverse takeover deal that would suspend shares, then why would we not look at opening at double our SP, circa 270p !

aimo

You have to wonder when SQZ next mega deal will drop .... can't be long now imo.

Cash rich, debt free that's the way SQZ was born to be !!

Hummmm .... -6% flash drop

Taking out trailing stop , but for what reason ?

Using the real bodies CP of recent months is where the 13p comes into play. For clarity, I'm not referencing resistance, hence my statement "close above 12.95p"

The 30p, arises from several daily marubozus dating back to November 17.

These are only my interpretations and as such, each to their own in terms of chart reading. Although as you know, charting can be re-written by a single event. Lets hope for that 'event' to be PI friendly.

gl & atb

Before £3 we need to first break and hold 30p to create our new support imo

However, the 'right' news can blow all resistance and create ridiculously high support.

atb

Looking good for that all important close above 12.95p next week imo

Do not forget our Boards intention to pay our first dividend in the near future too.

"Mitch Flegg, chief executive, said that the board was having a “real live debate” about introducing dividends, but the timing would be influenced by acquisition opportunities....."

Who gets a loan to pay off another loan !

Zennor looks more and more interesting the more I investigate.

With current production at 5kboepd and recent 100% owned Finlaggan field wells flowing at 24kboepd on test with first production estimated during Q4 2020.

Strange their 'Presentation' link is not working, https://www.zennorpetroleum.com/about-us/#

Also, BP has the other share of Mungo & Monan Fields – P0059

Both SQZ and Zennor have 20% of Skerryvore each

Both SQZ and Zennor have 20% of Ruvaal each

Although Zennor have what appears to be a broad cross-section of % ownership, there are several that are 100% owned, some that BP part own and others that SQZ co-own too.
Since our BKR deal, SQZ now not only have the financial firepower to rapidly expand, but also the personnel behind the scenes to take on multi-field projects.
Even though I now am leaning towards Zennor being more than a casual slide-rule exercise, I do think that SQZ are still active on another BP deal, my hope is Shearwater.

Cash looks like a real constraint with Zennor atm as having to take on £170m in Senior Secured loan could be stretched and an opportunity may have arisen. Appears their owner Kerogen Capital may want out, if a deal could be done for “several hundred” million I do believe SQZ may well be interested. Clearly this would need to be finance either via debt or dilution. My guess is debt, hence maybe the reason behind our 16 month wavier, to give the banks and SQZ something to work with.

atb

Rellim,

On the plus side we don't have to wait too long for the next 'known' step up in production revenue.

In just over 66 days, SQZ will benefit from a 20% increase in revenue from our PSA with BP on BKR, let's not forget, that this will be for zero CapEx too.
ATB