Member Info for NorthernMagic

I will be doing. :-)
The board seemed to be getting a bit negative 're the current sp and I just thought it would be interesting to see what people thought next year would bring.
Still think the same though i.e they need a good three months to provide assessment on new drilling and current production testing.
Atb,
Northern

company is in terms of it's current price that there is some consensus that they might be at 30p at(or a bit before ) the end of next year.
Atb,
Northern

moment but was wondering if people would like to hazard a guess as to what the sp might be by the end of 2023 when the field will be being developed and all that information obtained from the drilling in 2022 will be being put to good use.
Atb,
Northern

Yes, very much agree with you there elland. Compared to some companies and their delays though any delay(and has in.The main been outside Zephyr's control) has been tiny compared. They are very much imho well in track and I'm looking forward to an interesting few weeks and a fantastic 2023.
Atb,
Northern

2023 than the company has achieved in 2022. I'm sure I said that though in 2021 about 2021. The company has promised a lot but not delivered unfortunately. The relationship with Trafigura although they still own quite a lot of shares is not as strong now 're the sTrategies board member leaving. No.news on the Farm out mentioned earlier in the year. Paraguay now delayed. Not heard anything from Atome 're new deals. Nothing has been mentioned much about the Lithium arm.if the company and how is that to be funded.
Not heard much from PL apart from the occasional mentions at the end of RNS s and I haven't seen a presentation 're plans for next year.
Sincerely hope we have a better year next year but PL isn't filling me with confidence at the moment, sadly.
Atb,
Northern

Quite surprised to be honest that Malcy only mentioned it as a 5 bagger the other day when before he has mentioned it as a 10 bagger. I honestly do think all it needs is time - prove what the Paradox can deliver in the next few wells. I then think they will have a Webinar or release their development plans early next year for the coming year ahead. More acquisitions I'm sure will be on the cards as they are building up a decent cash balance. In time the snowball effect will gather momentum and the company will grow and grow. All imho but it needs more time to get that snowball rolling :-)
Good to hear from you elland too.
Atb,
Northern

but only in the sense of at the moment it is still in the work in progress stage 're drilling. I think might be worth just coming back in 3 months time rather than checking the sp on a daily basis thinking it will suddenly jump up. It needs a bit of time to show their initial drills are producing good and predicted results. After this, if all goes well lots more revenue should be coming in, in addition to the 40-50 million from the non-op assets.
It really wouldn't surprise me if by the end of 3 months they have bought another package of acquisitions to add to their current ones. All good imho - just needs a bit of time.
Atb,
Northern

Must admit I liked page 5 - 're the exponential growth potential and slide 24 're the further acquisitions in special situations.
Still looking good to me Will be interesting to get updates 're operations and production to keep the momentum going.
Atb,
Northern

At least we are in a good boat with an experienced crew who know where they are heading and have mapped the territory :-)
Atb,
Northern

does he? Really not sure why but he chose to mention Scirroco in his daily update 're Ruvuma and no mention of Aminex. Seems very odd to me but his constant ignoring of Aminex makes me think he must have his reasons.
Atb,
Northern

If we get the RNS tomorrow and the price goes up it's a good news RNS :-)
Fingers crossed.
Atb,
Northern

Have to smile when they set completion dates whilst the company trying to get the drilling going has postponed drilling because they haven't been able to get a rig sorted(and presumably though I cannot be sure that relates to some sort of sign off by the Tanzanian authorities).
I really do hope things come together and they do get drilling started either before or from March next year.
Atb,
Northern

I think what will really get me excited is when Ara say they are going to spud on a certain date and actually do so. Very disappointing to have the spud put back until March next year and I must admit given the delays companies seem to have when working in Tanzania I will believe it when I read it has happened. It's been so disappointing to have delay after delay with the progress of this company and the delay until it starts drilling again. Just want to see the company as you would normally expect a drilling company to behave.
Atb,
Northern

that's quite a rise on a Friday afternoon!
Atb,
Northern

considering we have improved non-op guidance, we have spud the next drill and are looking at testing shortly(if not already underway) I would have thought we would be over 7p by now. Maybe when we get the testing results and the drill provides a good result and lots of information then we'll be moving up well.
Atb,
Northern

Yes, I totally agree. Had a decent H1 and things appear to be improving H2 too - oil price better, production on a number of fronts, Farm out and Paraguay spud hopefully not too far away. I'm hoping Atome also can start to pick up more projects and apparently they had a very positive write up in The Sunday Times yesterday.
In terms of lithium they seem to be in the right place but am not sure how they mine it and not sure how they.get the expertise to build a business in that but potentially could be big if they could. Basically I just want to see them.keep improving on all.fronts but yes very undervalued imho.
Atb,
Northern

So much more to come too from this company in the next few months.
Atb,
Northern

I really do hope it gives both shares a boost. To me more importantly it would be good if Atome started to get a few new projects to show that others agree and are putting their money into projects with the company.
Atb,
Northern

buying of shares in Zephyr are starting to disappear day by day. Hopefully when we have the other things underway - spud and testing then.we will get news of the webinar.
One thing I've been pondering will the company have to request for permits for each of the drills next year. I assume so in which case presumably.they will put these in shortly. Also, if next year it's a bigger number of drills then will they be drilling some wells simultaneously and therefore require more than one rig. First things first but next year could ramp things up another level.
Atb,
Northern

possible news on testing, so do people on this board think we will get to 7p plus next week?
Fingers crossed.
Atb,
Northern