Member Info for NorthernMagic

Good point when I added my price to the list and Crusty mentioned 1st December made me think 1st September was a bit early to meet that price. However, I'll stick with it and see where it gets to by then. Be interesting to see the comparison as and when of 1st September and 1st December when we get to 1st December.

Atb,

Northern

Really hope it doesn't take that long but without visibility or a time frame set(and Zephyr haven't been good at setting time frames especially since this one is out of their control) it's difficult to say when.

Possibly we will get an update when we find out about the outcome of the upcoming auction sale?

Atb,

Northern

Just total guess from me but 4.25p would be great then build from there with drilling and results from drilling.

Atb,

Northern

On the regulatory requirements we will have news of the outcome of the upcoming auctions - presumably in the week commencing 29th June. So, at least that will keep things ticking over news wise

Atb,

Northern

Presumably Zephyr will quite a lot of capital or a large JV partner with a lot of capital. How much does anyone on here think they will need. Or are they likely to raise a smaller amount and settle for a slower development?

Atb,

Northern

Available that will be used for CH-1

Have we been informed the contract has been signed or is the contract only signed when it's released from the current operator?

Atb,

Northern

Brilliant find Banburybiy,

A very interesting read early days yet but could be just what Zephyr needs if the data centre comes to fruition. From the article it sounds like the data centre longer term might require a mix of energy supply but certainly doesn't rule the gas supply out and if anything makes sound like the main possible initial energy.

Atb,

Northern

1. Do we know the Stratos data centre is definitely going ahead?

2. I know CH mentioned this in his interview but are we jumping to the conclusion that Zephyr will be supplying the energy for this before we really know?

Atb,

Northern

2p not sure what you mean possibly a typo?

I've done them before now!

Atb,

Northern

First gas then the other things - farm out partner , funding, companies to sell gas to(especially to supply the very large demand that might be coming their way) things might really take off - first things first but this might really move when all the above start to come together.

Atb,

Northern

Thanks Adon30,

It sounds extremely promising - not only that I would think this would provide a great incentive to farm out partner(s).

Atb,

Northern

I appreciate from what is being said there will be lots of money spent on this Stratos data centre - an awful lot being invested but aren't Zephyr still a long way away in terms of supplying and gas required - in terms of distance I mean.

Atb,

Northern

The new 3.60 🙂

Let's keep the momentum going Aminex

Drill rig news to come soon

Atb,

Northern

I keep thinking things are slow but given things are moving on a number of fronts I have to remind myself of the bigger future picture. I really hope first gas(and condensate sales) opens the door to the much promised field development.

Atb,

Northern

Like the progress will help with current discussions. Date for first gas will see a step up I think in the sp. Hope that happens in the next couple of months.

Atb,

Northern

And Zephyr's average target price is 13.87p - that's a long way to go from where we are currently at and given the lack of news it will be interesting to see if any of the brokers review the target price as time moves on. Zephyr certainly have a lot to do in the next 7 months.

Atb,

Northern

Everyone. Onwards and upwards 🙂👏

Atb,

Northern

They must have a number of things they can update us with soon and there is also the auction at the end of the month.

June hopefully will move us away from this very low share price.

Atb,

Northern

I was hoping it would consolidate closer to 2.80p

However, I'm hopeful over the next 6 months we will see a substantially higher price - lots of news to come.

Atb,

Northern

Looks like 3p by the end of June looks possible and the 5p by Christmas looks a good possibility now especially since the buying is increasing in volume.

Looking more positive and quite a lot of news to come in the next 6months all imho and please dyor.

Atb,

Northern