Member Info for NorthernMagic

That's exactly my thinking Islandgirl,
In the grand scheme of things it might not be long before Zephyr are at quite a high bopd and everyday even before substantial production from the Paradox they are earning great revenue from their non operating assets. I struggle to see why so many are selling. I cannot see them taking the money from the sake and investing in a better prospect. All imho and please dyor.
Atb,
Northern

That's exactly my thinking Islandgirl,
In the grand scheme of things it might not be long before Zephyr are at quite a high bopd and everyday even before substantial production from the Paradox they are earning great revenue from their non operating assets. I struggle to see why so many are selling. I cannot see them taking the money from the sake and investing in a better prospect. All imho and please dyor.
Atb,
Northern

Totally agree! I think this share needs all the good news being highlighted all the time. There are a number of potential good things in the company's strategy but personally I would like to see them pick up some assets, even away from Argentina and start to get revenue coming in from those. Some time ago reasonable size acquisitions were talked about but more recently the focus appears to have moved to very slow organic growth. Maybe the right time for a change in strategy . I appreciate what they have done with Atome but that's going to take about 18months before we see meaningful progress - would be good if they can get some more deals in the pipeline too which is probably very achievable.
Atb,
Northern

The company have made such progress over the last year. I think this year will be a further year of learning more and more about the Paradox and the main thing hopefully is the revenue will then accelerate and what has been learned this year will be built on the next. Purely imho and please dyor.
Atb,
Northern

the operator for Aminex on CH-1 will hopefully be starting drilling in November this year it seems a long time for the production of first gas - end of 2024. Is there any reason for this that people are aware of, or is it the case tht if they find the gas - hopefully lots of it - they need to build infrastructure to transport it to nearby pipelines?
Was this a question that was asked and answered at the AGM?
Atb,
Northern

Well done. I'm sure you will be well rewarded. I would do the same if I had the funds available. Don't think they will be at these prices for long.
Atb,
Northern

The answer is to get this sp moving. There's talk of 4.5p yet this share price is slowly drifting down. Doesn't look like people are inspired to buy this stock even at what everyone says is a very low value. Maybe this is the time to buy?
Atb,
Northern

Assume we are at the end of this year and things more or less go to plan. Say Zephyr are producing at say 8600bopd and maybe have a price of $90 per barrel - then in the next year that's about $282m
and this isn't assuming any additional production in the numbers for 2023.
Makes you think of the potential compared to the current valuation doesn't it.
Atb,
Northern

Into an exciting phase before selling the company it seems bizarre that the sp is moving to such a low price. News flow would be good but presumably for not some time yet.
Atb,
Northern

presentation is the pipeline of future deals they are looking at. They have some good initial deals already but then presumably you need to keep adding to production to increase the revenue and a few new and big deals will presumably provide a big positive effect on the sp. Also, I suppose if you are leading the field in terms of technology then you are one of the few firms others can look to re the green power and ammonia option.
Atb,
Northern

and although it's difficult to know what the day to day production will be I noticed that they mention an upgraded value of 2.65mboe for the one well.
Just have a think about that in terms of valuation of a more developed field!
Atb,
Northern

that President can keep making the sort of progress they appear to be making and the sp doesn't respond. At some point and a few lucky breaks this sp must surely start heading northward and be at least double what it is now.
Atb,
Northern

The CEO spelt out literally in almost black and white in the presentation what the potential is, what the current prices hence the gap.between the two. All that is missing is the time so that the sp can move up to the potential. Furthermore once there is a large amount of cash flow and lots in the bank then they can look at further special situations to invest in. A bit of a waiting game but that completely fits in with my plan anyway.
Atb,
Northern

actually listen to it. The bit I really liked was on one of the slides at the end of an arrow representing all they were aiming to do this year it had a box saying something like potential acquisitions(in special situations) will be hopefully a great year this year and they have mega ambitions for the future.
Atb,
Northern

that the company will be sold by the end of 2023?
Atb,
Northern

Well we certainly need to get the sp heading up the league table rather than languishing in its current lowly state!
Atb,
Northern

and noticed the section on the Martinez Del Tineo prospect and the 2.8 Tcf of gas mentioned - a huge amount of gas to aim for if they can find a Farm out partner.
Atb,
Northern

When people say that the company is not going anywhere when revenue is looking so good day by day and over the coming months much more is to be added on
All looks good to me.
Atb,
Northern

day by day the revenue is building and the production and revenue from their own production is just beginning!
Atb,
Northern

I became aware of the trial of the use of Hydrogen in 650 homes in the village of Winlaton,
Newcastle-upon-Tyne. It's a small start but made me think lots of things start that way and quickly gather momentum.
Could be a very interesting future.
Atb,
Northern