Member Info for NorthernMagic

Thanks papaduke,

I thought the CPR was due sometime in September - I hadn't realised there has been a specific date given. Whenever it arrives hopefully it will have some impact on the SP.

Atb,

Northern

Hi James Oxford,

I wasn't really limiting their price was just hoping that in three months time they might get to 5-6p .

Admittedly 11-15p would be a decent target to aim for by say 6 months time but will have to see on that. I honestly don't see them at 11-15p by Christmas but would love to be proved wrong :-)

Atb,

Northern

Three months it looks like the sp has fallen from 3.75p to 2.75p. This is a long way from what certain broker's are suggesting for a target price of the sp and massively far away from the 81p mentioned by Atticus.

I'm hoping for 5.75p(at least by Christmas) - so that is a 3p gain over three months or 1p per month - surely this should be achievable by what we have been told by the company.

Time will tell.

Atb,

Northern

Thanks newtofo,

I couldn't see the latest Q and A Investor Meet on their website so I've contacted them via the contact form

Thank you for the link. I just found a lot of positives in it and it will be interesting to listen to it again now a little time has elapsed.

Atb,

Northern

Published the Investor presentation and Q&A session that happened a little while ago now on their website?

Would be good to have another watch and listen.

Atb,

Northern

Hopefully the CPR will be published very soon.

Atb,

Northern

Does arrive it will be well worth the wait and have a substantial effect on the languishing share price.

Atb,

Northern

Very encouraging read. Maybe I just need a bit more patience but I have been saying that for a while :-)

Atb,

Northern

Papaduke

Very much agree with you. Just a tad bored I guess.

Atb,

Northern

Am hoping for the promised news flow to start soon. Fingers crossed.

Atb,

Northern

Thanks newtofo,

That's very encouraging. Fingers crossed momentum keeps building.

Atb,

Northern

But do people, with all the positive news coming on stream and more to come that the sp might get to 15p by year end.

It just feels that there is much more positivity and activity than there has been in the past and there is also the Tanboran farm out.

Atb,

Northern

Will be great to get a positive broker note as a guide to what the brokers are now thinking and maybe a new target price based on recent developments.

Looking very positive just at the moment.

Atb,

Northern

Must admit I hadn't realised this deal had in itself provided these extra opportunities. So yes this probably provides a number of further deals they can go for but so far nothing has come to fruition. Maybe soon?

Atb,

Northern

Yes, hopefully news tomorrow. Maybe I shouldn't be so impatient but when they promise news flow and there isn't much then it seems to reinforce my thoughts that they are not going to deliver the promised growth any time soon.

Do people think there will be more deals? - I thought the Hawke subsidiary would start to provide a list of good prospects but nothing as yet and they have talked about bringing wells into production for what seems like ages now.

Hopefully news soon that will put my concerns to rest. I'm still hoping for 6-7.5p by Christmas but not looking too promising at this rate of progress.

Atb,

Northern

Rinse and repeat and either before this has gone on for too long the commercials will attract others interested in buying acreage.

All very positive going forward as far as I can see.

Atb,

Northern

Would be a win, win, win for Zephyr, for the company who made the investment and for all patient shareholders.

Atb,

Northern

Comes after a few days. Maybe we'll see more of a response in the sp in the coming days. Fingers crossed.

Atb,

Northern

In terms of what Zephyr are not getting right I think it all comes down to production at the Paradox. I could well be wrong but I think people look at Zephyr and ask why is it taking so long to get production moving. In essence I think that's the key - taking so long to get production moving and currently no I JV on the horizon - though maybe they are talking to possible partners.

Atb,

Northern

Exactly what I was trying to say a few days ago. Each incremental good result can only be a good thing for all those drilling in the Beetaloo.

Atb,

Northern