Member Info for NicetoMichu

fine post there Andew..

and of course the one and only CB proves himself to be a timeframes b+ll*****er one more time.. but this RNS is altogether a little better than I was expecting in terms of latest timeframe estimates across sundry projects.. there will of course be further slippage on some, but Guy Fawkes and second Alluvials are started/effectively started now.. and thats at least some additional revenue from Jan or a little before.... and current allivials have still reasonably more to give too..

I'm considering adding some more again here thru rest of December now.. only have 500k of these currently and now feeling a bit light these after that RNS..

the - rump - II seller(s) will eventually run out of bullets RR .. the more good news this company can deliver from here the quicker that will happen.. transaction volume is the key.. the higher the better in terms of seller(s) clearing out while maintaining their orderly style fashion of bringing their position(s) down to zero

Top man Brasso !

Apols. I should have put a smiley face after the 'a few' .. or maybe a horror face actually !

And thanks for yiour current estimate of fair value.

And to re inforce that, just on simple maths I'd add that with approx 120% more shares in issue now versus then, 8p would still be above 3.5p in todays 'money' (accepting apples and pears comparison somewhat, as various other things besides shares in issue are different now etc)

Fine posting as ever Stockable.

Accepting braodly no PPC oil production progress since that september 2017 ish time, at least there has been plenty of gas progeress, including infrastructure/pipepline. Granted price of gas and price of oil are very different in equivalence.

A question for you or some of the other brains - eg Brasso or AParky - here, if I may : As the sp was approx 8p around that Sept/Oct 2017 time, including 'a few' dilutions since, what, very approx, would that be in todays money ? I'm guessing still plenty more than the - as I type - approx 1.5p ?

( and I also note that the companies balance sheet is far stronger now.. and maybe reserves greater too? .. and, per above, gas a far more significant thing altogether for ppc.. On the other hand I'd attribute a very approx $50 WTI avergae in 2017 and rising strongly into 2018 too, versus $40 dollars ish WTI average in 2020 I'd 'guesstimate' and that rising strongly at end year 2020 too )

If there are woods sitting on top of any of our copper or gold prospects and they're burning then people can't say CB not making any project progress 'ere.. Maybe that explains this rally ?

thanks stocky and seems you were correct as I was quoted just under 1.50p first thing.. and only did a tiny top up (for rounding purposes..)

Can you explain that UT trade please stocky.. I'm seeing on London stock exchange that the bid offer is indeed 1.45/1.50 .. but it too has the closing price as 1.30p

I know there is a pre open auction that sets the opening price in the morning, but I'll still be interested in seeing what the price quoted at 8.00 am is.. if its anywhere around 1.30 p I'll happily do that top up first thing !

I tried to buy a few more of these more than once this arbo and wasn't getting any quote and deal price at all .. pity as I wanted one more small top up and I'll likely skip it if I have to pay over 1.50p tomorrow.

But nice for the long suffering to see this go up decently today. And hopefully more to come.. but good news required for that too.. so here's hoping for some pre chrimbo.

ps: Seeing Andrew saying he'll give this thru 2021 before thinking about cutting and running leads me to say that even including some mess ups and plenty of further timeframe slippages across sundry projects, next year should be THE year for xtr to turn itself into a desirable bet for a far wider audience imho. Indeed, even including the messing, this should be happening by summer 2021.. IF yes potentially even 4p could be on here by end 2021, hopefully

The Donald (Leggatt ) has witnessed A LOT of O&G presentations in his time and he effectively said that was one of the best he's ever witnessed. I fully concur; that was a very fine presentation by Mr Harrington and I urge anyone who has not yet taken it in to do so asap.

I topped up again this morning as this SP is still joke low imho.

I think dtaylor was referring to revenue with the $30m figure Brasso ?( as he says $18 m gross profit immediately after ) So your revenue estimate is actually higher than his?

They do note that average output over a period is a better measure versus the current rate ( optimal well longevity can be achieved by bringing flow down a bit .. also gas prices for eg have some seasonality about them too .. so lower output in low price season is what the co will sensibly look to do.. etc )

This is a very strong update and this s/p is simply joke low at this stage. The least this should be now is 2.5p-3p range imho and I could make a strong case for decently higher than that too

You're welcome was because I start tipping this at 55p a few months back to go decently higher and it went to 70p da_Master.

You seem to have a clear view here already/now. So good for you and you could easily be right too.

Per my sundry posts already, I'm hoping much better margin on strong turnover in 2021.. including India coming back.. and this allowing bigger dividend and /or a stronger again company finances generally and that allowing the s/p to motor further on up in coming months.

I may easily be wrong of course (While I can be right sometimes I can be wrong plenty in my calls too)

Generally, while I respond here out of common courtesy, I'll also offer that hereafter I've no interest in getting into a back and forth with you to debate your view versus mine and so will not respond to you specifically any more.

Good luck with whatever bet you decide on -or not - here.

Wakey wakey Lnd s/p perhaps? And nice to see this going back up a bit recently at least.. forced me into another top up yesterday .. so at least got 2 top ups in under 21p.. I could do with adding some more again into my trading pot here though .. and at 20p or lower, ideally.. but great for the rest of you buy holders if this motors smartly on up from here towards 30p again... and why not..

This BB is for the Zephyr AIM listing Pollack
Also :
Zephyr Energy Plc is listed in the Aquis Stock Exchange Trading Secondary Market Zephyr Energy Plc is listed on the Aquis Stock Exchange, trading with ticker code ZPHR.GB.PL. It has a market capitalisation of £5m, with approximately 696m shares in issue.

Just looking in here for the first time in a few days.. disappointing the s/p is where it is, but only a little surprising to me.. but hopefully in time/due course this will rally well .. plenty of patience required perhaps...

Magmanus telling me to stop posting here because I don't have a position here now immediately after me saying I sold plenty over 2p ''but still have a small placeholder position left here'' is funny. Indeed including his views on when drilling will start he's an all round entertaining guy imho.... and, off the back of his posting so far, doing the opposite to what he says might be a good way to go :-)

My guess is also the save.l will feature meaningfully in these soon to be announced marginal field awards... and the recent appointment of Fincap and Panmure Gordon as corporate brokers ties in with this (and maybe other things too, of course)

It is really important to the save.l s/p performance that any fields awarded are extremely compelling opportunities on key metrics - see Wood Mackenzie article or eg's of metrics etc - and save.l management can easily abundantly highlight this ( imho )

Thanks for those two marginal field explanatory links Queitdesperation . While those pieces are Oil centric the 4,5tcf of gas mentioned in one is I expect/hope the overwhelming focus of Save.l ? (Conceptually, I'd rather they stick to their gas focus in Nigeria; granted, one way or other, they may have to bid for some oil too as part of the game, but gas should be the massive focus of what they're bidding for ?)

Here' s very much hoping that any save.l news soon relating to this marginal fields award exercise is so good that the s/p has to go - strongly - up off the back (as opposed to flat or down)

I added some more again just now.

This s/p is just far too low still imho.. I expect/hope this will be between 1p and 1.5p pre drill results.. and if the drill results are good/very good I'd expect/hope for number of pence in short order..

(This was .5p with little news and hope on the horizon .. look at where we are now by comparison and it cost me only .72p to buy just now.. so the M/C is just far too low still imho)

DYOR and for hard core players imho

impressive indeed that this remains fully on schedule.. and signing such a quality drilling rig contractor is important..

I too am excited by the imminent prospects here, but by the lack of share price up movement few seem to share that excitement, so far.... again, I'm amazed that this s/p is not plenty higher around this time..

I liked todays update a lot and it reaffirms to me why I have high hopes for 2021 here.. although as a nod to poortje's post below I'll move my 500p dream/target price out to sometime in Q2 2021 now.. incremental s/p tick ups required over the next few months to push on towards anywhere near that then, so Kmr is a good bet still even if my target is plenty dreamy

''Add in the immediacy of his resignation and the appointment of Panmure Gordon and IMO this suggests the possibility of imminent corporate activity.''

I'm with porschefund on likely upcoming corporate activity view.... as long as 'imminent' could stretch to months as well as weeks..

.. watchel leaving being tied into this or not I have no view on though.. Myriad possibilities on why Wachtel left so I'll not bother even trying to have a view on why that happened

Colin Bird has done and will continue to do things his way.. you've just got to hope a reasonable amount or lots of the family of projects eventually come to profitable fruition, one way or other (selling some assets at whatever stage of development for the right price is another angle of opportunity too )...... I think having an average anywhere even broadly around the current s/p gives a good chance of strong returns in due course .. but much chance involved too, of course...