Member Info for NorthernMagic

Looks like you have posted on the wrong board unless I have misunderstood.

Atb,

Northern

The drops the back end of last week will be quickly reversed and we will get newsflow very soon.

Atb,

Northern

But I thought CH s update was a little bit of a panic response to the recent call in the sp. However, it did seem that there was a lot going on and he did say again there was news flow to follow soon, so fingers crossed for some good news soon.

Atb,

Northern

And the sp hasn't broken even the 4p barrier yet. It's not looking likely they are going to double the sp by Christmas unless CH and the board have something up their sleeves.

Maybe I need to extend my time horizons into the first half of 2026.

Must admit it's getting a bit tedious re what is promised and what is being delivered.

Atb,

Northern

Exactly that's the point I was making a few posts ago. Will the initial investment term be extended or not? That is why I thought we might hear about more deals before middle of November. Some clarity on this and funding post middle of November would be appreciated.

Atb,

Northern

Same here or at least for non-op asset purchases.

Atb,

Northern

Same her

About another deal before the 100m dollar facility I believe runs expires in November. One thing I don't quite understand is that they have set up this Hawke subsidiary to identify the deals. How do they then finance the deals after say the 100m facility expires, or maybe this facility will just be renewed?

Atb,

Northern

Impetus but despite it being a great CPR nothing seems to be moving the sp much. I can't even see it meeting what I thought would be my own modest target of 6.5-7p by Christmas.

I'm prepared to wait and see but I'm tending to think now that only news on production starting and a proper joint venture re the field development will move the sp - and that is all within the BOD s hands.

Hopefully news soon.

Atb,

Northern

In the RNS re the CPR means this will land next week. It will be interesting to see if we also get further commentary from Zephyr based on the CPR.

In terms of discussions with a third party or third parties I assume because of all that will need to be discussed this won't happen any time soon - maybe by the end of the year?

Will be happy for Zephyr to prove me wrong.

Atb,

Northern

Yes, all great news and adding to the publicity. To me though the big events that move the sp will be the test results from the latest drills, the result from the farm out of further acreage and the value obtained and last but by no means least interest from one of the major players in the Beetaloo. Hopefully these will happen in the next 6-9 months but please dyor and all imho.

Atb,

Northern

Great to listen to the Q and As. Sounds like they have got the drilling and methodology well bedded in now and like POQ said in his recent presentation the next 6-9 months sound vital for seeing how things progress 're both drilling results and the farmout. Sounds like patience now required and hopefully things will change dramatically during that time period. I'm going to try and buy some more in the interim. All imho and please dyor.

Atb,

Northern

Hopefully, we will get to hear something next week as cannot see them posting on a Friday. I hope they have some really good news to share with us next week as at least that CPR should be due.

Atb,

Northern

Yes, you're right. Probably shouldn't have included the increase in, in the wording. If there is growing confidence that production is not too far away(and it might get be a while) then that should drive the sp higher.

Atb,

Northern

Potential increase in revenue and hence an increase in the sp. Figures crossed for more investors taking an interest in the company and the sp increasing.

Atb,

Northern

If they can start to

1. Deliver more quickly - speed to production seems really slow.

2. Don't just tell us news will be due in the next few months then news doesn't arrive causing us diubts.

3. Provide some milestones and not too much of this there are things happening behind the scenes which adds to doubt.

If they can remove these doubts investor sentiment will be more positive and they can prove they can deliver then the doubts will disappear the sp will move upward otherwise we will have continuous drift. I'm giving this share till Christmas before reassessing what to do.

Atb,

Northern

I can't see them releasing an RNS on a Friday.

Hopefully with the wait for news Zephyr will have more to share with us. Getting a bit tedious seeing the sp stuck in a rut.

Hopefully news soon will turn things around.

It seems like Zephyr work to their own timetable despite saying in the RNS there will be lots of news flow.

Maybe big news soon will properly the sp much higher.

Atb,

Northern

Thanks SC,

Not worth it. I was just curious.

Atb,

Northern

Could anyone confirm if there was a posting today what it said. When I click on the link I never seem to be able to find a specific post - just general Aminex posts.

Atb,

Northern

Not a problem papaduke, we are all in the same boat and hopefully heading into better times ahead fingers crossed.

Atb,

Northern