Member Info for NorthernMagic

Thanks for that NelsontheDog,

The more I think about it my intention - hold for 1-2 years should give a decent return, whether there is a buy out or not, so that's what I'm going to do..

Atb,

Northern

If there is a delay in the process and hence the 30 days test results being extended will the company not have to produce an RNS for the reason for the delay?

Atb,

Northern

What I was trying to get my head around in my question. I think what I'm going to do is good for another year and see where things are at then and if there is some indication of what Zephyr are aiming to do in the medium term.

Thanks everyone - appreciate it.

Atb,

Northern

Thank you.

Atb,

Northern

What I'm wondering is should I sell my Zephyr shares after the test results or still hold for some time.

The thing I'm struggling with is should I sell shortly after the test results, hold for say a further 6 months to a year or hold for 2 to 3 years. The reason I ask is it has taken quite a long time for Zephyr to get to this point - I expected that they would be at this point sooner. So, going forward will it be the same? that is the same rate of progress or a much faster rate of progress. If slower then I'm seeing this as having implications for the sp, similarly if they manage progress at a faster rate.

What we don't get from Zephyr is a medium term plan in terms of where they are heading and by when - without that it's difficult to judge when the value will impact the sp. All we seem to get is the next step on the way.

I appreciate it's a difficult question but am just wondering what others with more experience than myself think about this.

Atb,

Northern

Yesterday. Here's hoping for many more like that. Not very long now before the test results.

Atb,

Northern

Sterling Energy. Interesting to see the sp moving up recently - are there more deals in the offing?

Atb,

Northern

Hopefully we will be at a much higher price by the time the test results arrive.

Atb,

Northern

Loving that optimism. However, you never know. Fingers crossed 🤞

Atb,

Northern

The test results are really good then the production revenue that results will mean that Zephyr should not need to look for finance for the future drilling expansion. They will be able to use this production revenue for that drilling and/or increase non-ok assets to do the same. Rinse and repeat and the finance going forward will be able to be all del financed which to me is great news and will lead to accelerating the drilling process.

Atb,

Northern

Count down to some transformational test results.

Atb,

Northern

On here that once there is confirmation that the pipeline has started we will see an sp of 2p?

Presumably after this it's all just a matter of time and 2p will be the price from which the sp moves upward.

Atb,

Northern

Has come out of the presentation that happened, I believe this morning?

Atb,

Northern

Here's hoping they do hear from the TPDC shortly and then things can get moving and we can see some real progress this year. Will still be interesting to see how the ARA update matches this RBS and their level of optimism too 're possible time lines.

Atb,

Northern

Given this is happening presumably there will be a presentation (i.e. PowerPoint presentation) that goes with, so hopefully this is something Aminex will want to share with it's patient shareholders - so hopefully there will be a presentation on Ara's or Aminex's website by Friday? Fingers crossed.

Atb,

Northern

Sounds like things are going well - good to have the reminder of the size of the reservoir. Was also very interesting to me to hear that that there was a lot of money being invested in an area not too far from the Paradox. So, if the test results prove up the area maybe there is a lot of money that others might want to put forward either in finance or possibly some form of joint venture.

There sounds to be lots of options on the table but I suppose the key questions that remain for me are what are there actual development plans and how soon can they accelerate development.

Atb,

Northern

The implications for Zephyr. It's been mentioned a few times that with the test results and maybe(but who knows) shortly after the publication of the CPR there will be a re-rating of the company.

Does re-rating basically mean that existing brokers will reassess the position of Zephyr with the above information built into their assumptions and just issue a new target sp - or are there other implications or part of the rerating process which hopefully will affect the Zephyr sp positively?

Atb,

Northern

Many thanks, that last point you make sounds very interesting too. Would be interesting to see how IP60 and IP90 hope up.

Atb,

Northern

Thank you newtofo,

I will make a note then can compare this to the numbers when they come out. Sounds very encouraging.

Here's hoping the market reacts accordingly.

Atb,

Northern

Posted before but what would be considered an excellent result from the upcoming test results and what would be considered a good result?

Just curious in terms of a benchmark for both these test results and future ones going forward.

I believe the results are due sometime early in April - is that correct?

Atb,

Northern