Member Info for NorthernMagic

Months ago that the sp was going to be 6.5-7p

Well looks like I was far too optimistic 're progress.

As we've seen from the CPR the resource is there but the ability of the company to get things in place to start production seem a lot slower than anticipated.

I would like to say that things will change but the speed of progress here suggests it's going to be a slow journey.

Here's hoping 2026 is a lot better than 2025.

Atb,

Northern

Papaduke you may well be right - as we have found to our frustration these things appear to take a lot longer than a number of us had hoped for.

Psychologically I thought they would try and get an RNS out this year - so it makes the time since the successful drilling results and seminal CPR results not seem like wasted time. In this case literally time will tell I just want the first six months of 2026 to move the company on and show real progress in the Paradox project.

Atb,

Northern

I sincerely hope so and that we get a springboard that moves the company forward in a number of it's targeted areas.

Atb,

Northern

We will get an update on a number of things CH has assured us they are working very hard on.

Fingers crossed.

Atb,

Northern

Oops typo 2026 not 2036!

Atb,

Northern

To slow the decline in the sp and to give us something real to look forward to in 2036. Not been a great second half of the year for Zephyr - despite the seminal moment re the CPR.

Atb,

Northern

Got to try and keep optimistic lol

Atb,

Northern

This time next year ........🙂

Atb,

Northern

Whole heartedly agree. Have been told that the management of this company are really smart, yet it's taken them so long to achieve anything when I thought they would have got all this planning sorted out some time ago. I don't think they have helped themselves either by promising a continuous news flow and not delivering much news at all.

Are they frightened of taking on too much debt?

The simple solution you would have thought would be to get producing as soon as possible.

News soon CH am trying to be patient but getting very tedious now.

Atb,

Northern

Getting all the current things they are working on sorted and this company can get producing and earning some revenue. Following this hopefully the sp will move to a different level and Zephyr can move on to the next stage of development. The wait currently is tedious but hopefully soon things will start to come together.

Atb,

Northern

Thanks for that CRUITHE ,

Hope they get the acreage will almost double current acreage. Like you say in terms of the CPR and acreage - one for the future.

Atb,

Northern

And the last thing he mentioned was again there will be lots of news flow - let's hope this time it happens.

An obvious thing to say is production is the key - so the sooner the better please.

Lastly the extra acreage has emphasised the horizontal and presumably more reserves? If they get the acreage will there be a new CPR or does that only depend on extra drilling?

Atb,

Northern

At the moment with this company compared to what I thought would happen after the CPR. Seminal yes but I thought they would have already got everything organised for both production and hence the promised news flow - looks now that this was not the case and sounds like they are working hard but no need in sight.

Hopefully we get some news soon - the sp certainly could do with it

Atb,

Northern

Slower than I had hoped for. I think we might as well write off 2025 in terms of progress - certainly in terms of the sp performance and to start looking forward to 2026 as the year when Zephyr starts delivering.

Atb,

Northern

Very much how I feel too. The odd thing is that the promise of lots of news flow seemed to imply planning and delivery.

I really feel they shot themselves in the foot by promising so much and then it going so quiet. Not great for shareholders or for confidence in the board. Hopefully not more talk and we start to get some delivery soon.

Atb,

Northern

The downward drift of the sp despite the Seminal moment of the CPR that CH referred to in his last interview.

I'd expect some news now sooner rather than later. All imho but will be interesting to see if we get an update next week.

Atb,

Northern

That Zephyr do things based on getting one thing done then on to the next, rather than how I thought they would operate i.e. work on a number of things in parallel, so that things would happen more quickly. Possibly they are capital constrained hence the need for a partner.

I did though think they had a number of things already lined up that led to the promise of news flow but that doesn't seem to be the case so I c an only assume the news flow will happen much more slowly than anticipated.

It's looking like my 6.5-7p by Christmas sadly isn't going to happen.

Happy to be proved wrong but just trying to be realistic as we don't seem to be seeing the progress I was expecting.

Atb,

Northern

Fingers crossed but it looks like any promised news flow has dried up for now. We always seem to be tied in to Zephyr's pace of delivery.

Starting to think they shouldn't have promised the news flow of they can't deliver - doesn't help with people's expectations of the company.

Atb,

Northern

Board to X and it talked about the Zephyr sp rocketing up. I've been waiting for quite some time to see the sp move up substantially but it appears to be stuck in a 3p rut. Hopefully, CH can provide some real news soon to move this along as it currently seems to be stuck on the runway with the engine turned off!

Atb,

Northern

Good to have some positivity. Just hope they can get things moving soon rather than things seeming to drag on.

Atb,

Northern