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I’ve been here long enough to know the many failures in azer.... the fact the strategy has completely changed is why I’ve remained and added.. Think any new investor can draw their own conclusions about the past without trolls bashing zen everyday.. pretty sure none of these guys have any shares in this as well... Tunisia was actually a brilliant acquisition imo and I’m hopeful more deals of the kind will follow soon..
So the three guys trashing this are a troll who has no shares (AJ) who said he would never post again, Mudstud who has a tiny holding (70,000 shares) and kelsbells who blames everyone else but himself for his misfortunes... interesting.. I’m down over 60% for the record.. encouraged by today’s news and holding on.. Don’t get why you guys are wasting your time on here.. what’s the objective I wonder... for other private investors to lose money???
I’ve been invested here for a while and been keeping quiet of late to see events unfold.. the Tunisian deal is imo the best deal they’ve secured in years.. 45% of an asset previously owned by two majors at that price is a massive achievement... The meaningful daily production is just was needed after the azer exit.. sadly this board seems to be taken over by blind negativity... Also notice they got better terms this time round than in the previous deal..
the rns was, as I had expected, rather disappointing... Tullow is no longer a beacon of light and is more a shadow of its former self... we need a good drilling result here.. the Jamaican asset was a complete fiasco... not sure I buy into this strategy of a small company have so many, diverse assets across the world.. hoping for a good outcome..
read through your post history kelsbells... seems like you lost a fortune, and not only in Zen.... what you've written isn't really supported by the facts though is it.. what evidence do you have that the 5 million won't be repaid? also, why on earth would aaog get a new license? sorry to say but it does appear, with good reason perhaps, that you're very bitter about your loss here.. I'm now about 50% down btw..