Member Info for nomlungu

I have been considering a few quid in ZEN for a while, as they seem poised to take advantage of increases in demand for oil / power. They are trying to get a "foot in the door" in a few places and announced a deal in Yemen today that has 'transformative' written all over it. I bought a few on the basis that the upside looks fair, and they have some cash coming in, so deeply discounted placings seem unlikely. The CEO has a fair sized stake as well.

Q1 - Zenith Netherlands has paid a deposit of US$4,323,800, so there is $17.3m outstanding. ZEN is likely to be responsible for 49% so $8.5m. The next lifting of Tunisian production is due soon, which will provide around $5m. Funding the balance should not be too much of a hurdle.
Q2 - the 51% was sold for a nominal consideration according to the other RNS released this morning.

The figures worked by MarketGunslinger seen too optimistic as they seem to be ignoring taxes and royalties. However, my slide rule came up with a NPV of several times the current m/cap. Hopefully the boss will do an informative interview in the next few days.

I have been quietly watching for a while; missed the 0.8p last week but took the attitude of 'how long is a piece of string' as it could have been a long wait for news.

It came sooner than I expected, so have finally bought a few again. Over a penny soon would be no surprise; more is not unreasonable.

If readers of this board had opened a short when an expert started ramping at 0.09p, they would have done well; good advice, that.

kenny will like this: 'How much money I have made with my Lego YouTube channel? Let’s go through the YouTube Analytics. Whether you’re a colleague or an aspiring Youtuber, you may find this information valuable.'

https://brickexperimentchannel.wordpress.com/2022/11/19/my-youtube-earnings/

Poor ramp attempt - the share price is 1/16 of a penny; it would need to go up over 700% to get to half a penny.

Shows just how dire the share price is.

'Difficult Or Impossible' for a Third of Adults to Cover Extra £20 Expense

https://www.bloomberg.com/news/articles/2023-01-02/-difficult-or-impossible-for-a-third-of-adults-to-cover-an-extra-20-expense

Discretionary spending is screwed

And I thought this sounded genuine!

"Clacton or ‘Clackers’ or ‘London by the sea’ is a seaside town (the clue is in the name) that is so incestuous that it is twinned with itself. It could also be that the dockside where Russia dumps it’s rusting nuclear subs turned their irradiated noses up when offered the gig.

Their offer to tow a leaky sub to sit off Clacton pier as an attraction was only refused after protests from the time warp resorts of Walton on the Naze and Frinton. But Clacton is the subject and it’s remedial level for sure. Entirely bereft of any charm (that’s the place and it’s occupants) it relies on seducing the unwary with endless burger shops, arcades, cheap clothing stores with knock off quality copies of last years fashion. **** shopping heaven!
It also has a glum and dreary market that has micro ***** being lead round by the hand as their parents who are possibly also their sisters/aunts/brothers etc look for something remotely worthy of a £1 plus purchase. Older ***** in the most common teens to early twenties bracket, hang around the car parks (christ they sure know how to live), Public loos (start as they mean to go on? Perhaps they’d call it work experience), and guitar shop.

I must confess that the guitar shop has been my only reason for visiting as it’s okay and has a certain tattooed rockabilly charm and eye candy guitars. Quite how the shop manages to keep £2000 Gretches out of the hands of thieving ***** is a minor miracle. The owner must be a treble hard *******."

Thorpeville - getting the Brexit Bonus. Full employment thanks to the boom in food banks and lots of social housing [9 out of 10!; pity about the other rankings but who cares if you live in a tent under a bridge]:

https://www.ilivehere.co.uk/check-my-postcode/DN15+0BA

FT: "CORRUPT, FAILING ESKOM IS A PICTURE OF SOUTH AFRICA IN MINIATURE"

https://txtify.it/https://www.ft.com/content/73a5242b-9fb4-47b0-a201-ebacea7cb071

A dismal story; well known by BMN shareholders. Will they miss the boat?

Good read:

https://www.entrepreneur.com/science-technology/5-things-silicon-valley-gets-wrong-about-agriculture/439229

The company regularly says how it is slow to effect change, as explained in the article linked above; it also mentioned in a recent Investor Meet presentation that customers tend to be repeat customers and that they would provide more details of customer retention in due course. I look forward to that data.

Well, maybe a few years ago, but it was 18.9 C in Warsaw today and is still 12C right now [10 pm there]

https://www.google.com/search?q=warsaw+weather&rlz=1CACCCC_enGB992

"2022 wasnt the best year as far as the share price is concered but we came out better then many of other AIM stocks."

'Only' down 63% during 2022 - is that really something to celebrate as being better than some other stocks?

And these rich bar stewards only bought the farmland as it is IHT free - yet another tax break easily explained to the man in the street. But it benefits the rich not farmers as it artificially boosts the price of farmland that is then managed for inheritance purposes, not for growing food, so the country ends up importing around 1/2 the food we consume.

CONned by the CONservatives!

I have seen it written that Russia normally consider stopping a conflict once they have lost 1/2 a million fighters. It could drag on for a long time still; hopefully Putin meets his demise soon and a more rational person takes power.

I received an end of year email from Richer Sounds, and it mentions "The Fairness Foundation" that the Governor has set up:

https://fairnessfoundation.com/

Richer Sounds were in the Guinness Book of Records at one stage for the highest turnover per square foot of retail space anywhere in the world. The Gov gave the business away to his employees a few years ago. Good shop if you need competitively priced audio / visual equipment. They will even give you a corporate umbrella if it is raining.

A bit of an exaggeration but that is what was tweeted [so it must be true]

https://twitter.com/MacleodFinance/status/1609174649329401857

https://kingworldnews.com/de-dollarization-china-just-purchased-nearly-300-tonnes-of-gold/

The same argument says that Farage should be knighted for his services to politics... many would agree, but his "services to politics" does not remove the xenophobic stench.

The King of Queen [?Brian May?] has been knighted for disservice to science. He is one of the badger lovers who think that there should be TB in cattle, so badgers can reproduce at will and 5h1t in farmers fields and spread disease. Just like the anti-vaxxers they twist stats to paint a misleading picture. Funny how the media seems to be overlooking his glaring faults,

But, of course, who cares what the actual experts such as the Chief Veterinary Officer have to say - they are just experts and in the post Brexit world experts do not count as they are not popular enough... I am sure the King approves; after all, he is a believer in pseudo-science such as homeopathy.

https://vets.blog.gov.uk/2022/06/07/cvo-comments-on-a-recent-paper-on-the-effectiveness-of-badger-culling/

https://www.the-scientist.com/news-opinion/the-unscientific-king-charles-iii-s-history-promoting-homeopathy-70544

Sounds like the funeral bells for consumer spending are tolling:

https://www.tomshardware.com/news/amd-intel-nvidia-slash-orders-to-tsmc

To have so much fabrication capacity idle after the Covid shortages is noteworthy, especially the 4 & 5 NM fab-lines used for top end [Apple] stuff