Member Info for NorthernMagic

I'm thinking your questions will possibly be along the same lines as my own i.e. why the continued delays when we were told to expect news shortly re the pipeline being awarded.

Also maybe a supplementary one to the board - when do they realistically expect first gas.

Atb,

Northern

Confirm that things are going well. Approximately three weeks to go now then hopefully, other things permitting the sp will move up to a much higher level.

Atb,

Northern

So, one month now since we were told we would here that we would soon hear who had been awarded the contract. No news so far, I believe the Aminex AGM is on June 27th. Do people on here think we will know by then and I suppose more importantly when the pipeline will get started? Getting tired of this dragging on now.

Atb,

Northern

Yes, that is what I was sliding to in my post yesterday. I can only see the imposition of tariffs leading to a reduction in demand and that's my main concern. Will have to see how the markets react in the next few weeks but I have real concerns for share prices because of this. I could be wrong but sadly it's not looking that way so far.

Atb,

Northern

And it coincides with extensive tariffs that affects the world and has a consequent knock on effect in the markets.

Atb,

Northern

It's been a bit quiet recently - maybe Zephyr will update on X - never quite sure how to see a latest post by Zephyr on there. Or possibly we will get an update RNS next week re progress.

Time seems to be flying by at the moment - so will not be very long before we are in to the second half of April and the test results become due.

Fingers crossed for great results and that long awaited re-rate.

Atb,

Northern

Great summary Adon30. Thank you.

Atb,

Northern

Thanks Davwal,

Atb,

Northern

Testing yet. I tried to piece the details from the last RNS but the initial there only relates to getting ready to test and when the test results will be due - no confirmation of the start of testing.

Atb,

Northern

Must correct my last post. It does look like my buy was shown as a buy but the trade was made in the middle of the day and only shown towards the end of the day. That's what confused me. A bit strange but at least it did eventually show as a buy.

Atb,

Northern

I bought some today and my buy showed as a sell. I thought I had hit the wrong button! But when I checked it was definitely a buy(big relief) and I got a much better price than I anticipated too.

I therefore don't think there is anything to be concerned about but very frustrating 're the buys being reported as sells.

Atb,

Northern

Yes, I'm going to keep quiet next week about a good start to the week. Joking apart though am looking forward to the test results and it's an overused phrase but "transformational" for the company,, an acceleration in development and lots of news going forward. After all in a relatively quiet time they must have been planning their way forward.

Atb,

Northern

Yes, nearly a month now since we were told we would find out who had been awarded the pipeline contract "soon". I thought Ara might have leverage to get this pipeline started but sadly despite what has been said this doesn't seem to be the case.

The key thing I find so frustrating is that you just can't rely on what we are told. Again more drifting sideways in the timescales.

Atb,

Northern

Zephyr and hopefully further sp rises as we move into April.

Not too long now.

Atb,

Northern

I believe so partly due to a wait for the cable they mentioned. Either way not too long to wait now.

Atb,

Northern

Results it would be good to have an up to date presentation from Zephyr - unless they are wanting to play their cards close to their chest for some reason.

Atb,

Northern

For me would be good to get to 5p in the very near term and 12p-15p by the end of the year with further drilling on the cards.

Atb,

Northern

Good to see the trend starting to tick upwards.

Atb,

Northern

The main test results but maybe an update to say the testing has started, or a general operations update?

Atb,

Northern

To go now and then see how things pan out from there. Probably won't be long after we get the test results that lots of other things will follow - the CPR, a re-rate, further plans re drilling further plans re possible joint venture etc, etc

The good thing to me is we are invested in the right place and hopefully just a matter of time now - 200m barrels isn't a bad start!

Atb,

Northern