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I've posted this on ADVFN under my ADVFN name jackthecat1. Would want any feckwhite thinking i either dont hold or wasnt buying more.. The MM's are feckin crooks, fudging the numbers. Please see below, i've cut and pasted my HL SIPP trades from first thing today. I can assure you they are real.
26/08/2021 Bought B063718213 6.12 326,683 19,999.95
26/08/2021 Bought B063717913 6.05 165,327 9,999.97
26/08/2021 Bought B063717633 6.02 165,958 9,999.94
26/08/2021 Bought B063701033 6.07 82,220 4,999.99
26/08/2021 Bought B063698573 6.12 326,683 19,999.95
26/08/2021 Bought B063697013 6.08 164,375 9,999.95
26/08/2021 Bought B063693893 6.11 818,538 49,999.98
next support at 60p ??. Professional shorters are well into SLP now and will continue to mercilessly drive this down. No news other than poor results due in to the bargain and a likely mini stockmarket crash to come. Afgan situation isnt good either for the markets. Keep your powder very very dry, just the beginning of the falls imo.
yep, still here. Away for 2 weeks , limited wifi + busy every day. ZPHR are heading in the right direction. Still at few IF's which need to go!. And yes, i hold 5.6m shares still.
May not post until early Sept now. Best of luck all
When CH says,"IF" they can stimulate the well and its a "Big If" he says. Its that BIG IF the market needs total clarifcation on BEFORE we take off properly in the UK and in the US markets. I'm a big holder and i'm very positive, but this is nature and its not guaranteed, hence the words, its a big if from CH. More volatility i suspect before the next news 7-10 days away. Well done all concerned though, lets hope the big if becomes a 100% success and no more IF's!. The market doesnt like IFs.
RNS looks positive, BUT there is a lot of work to be done on testing / flow rates /BOPD, how much can they get out and how much will that cost etc etc. I think 45 days has been mentioned before for testing. I'll be happier once we have the exact BOPD / cashflow on our currently producing 7 wells in the portfolio, which will help nail in the current SP. Still need all those facts / figures, exact cash per month in the public domain.Will be interesting to see how the market reacts today.
GLA.
I thought so. Good advice. Not even sure there is a government in East timor ffs!?. Not to worry. Just as well i'm up 400% this year with ZPHR who operate in UTAH. Best of luck
with all this missing oil. why is this suddenly stuck at this level??. Surely its hugely undervalued?. I couldn't buy or sell for hours on HL today, just trying dummy buys and sells all afternoon , just NT all the time... Concerning really.
Is East Timor a safe ish place?.
a simple solution to more stock to buy is IF the MM's raise the price, more sellers come in and people who want to buy can. Simple really. I'm amazed this is stuck at these levels with so much interest. I've been trying to add another £30,000 of shares all morning. Cant even buy £1000 worth on HL. Pathetic really. If your reading this Mr MM's, out the feckin price up please asap
barely any volume today,hence a wee drop from the MM's to make a living. I havent sold a single share i can assure you. Now hold 5.6m shares. Also took a large position in ADV this week, looks very undervalued with newsflow on its way and plenty of room to go much higher.
Really looking forward to next week, should be transformational. Albeit a lot of testing / data work still to do going forward. Clear production BOPD update on the 7 producing wells will kickstart us and ofcourse Paradox full update. I'm now confortable with myself to hold these now to atleast EOY, when i may top slice a few. They have done an outstanding job in the drilling of the lateral, really supreme. Add at these levels if you can
Tom, as you know ZPHR ARE an oil producer!. 7 non operated wells on line and counting. No debt and large buidling cashflows month to month now and going forward, all on mainland USA. Paradox for ZPHR is a game changer but not a one trick pony.
I hold mostly ZPHR, but now have a £60,000 position with ADV as a side bet as it looks v undervalued.
Best of luck all. onto another winner with ADV. ZPHR is also an outstanding operation run by top top drawer CEO and BOD.
they arent sells Tom, lse are crap at reporting sells / buys, same as they do with ZPHR. I know they are buys as 5 of them atleast are mine from this AM!.
Don t use LSE are a marker for buys / sells, its hopeless. This share will go up on newsflow, buy and hold. It will be double or treble this price by EOY or sooner.
starting to motor now and its only 9am odds!. Clearly the ZPHR story is starting to spread. Add and hold.
Could see 7p this week at this rate. Lovely to watch. and NO The Bhoys, i'm not selling any!. i have built up 5.1m shares now. I will see where we are EOY re topslicing some. Enjoy the blue day folks
indeed ST, the prax partnership is a very important part of our package going forward on all fronts. Re getting US investors, developing Paradox and ofourse getting the best price for our oil etc .
It will all come to pass soon enough. Plenty of news flow from now until EOY and beyond. I'm aiming for atleast 10p by EOY, but could be much hogher.
The Company's Paradox acreage is estimated to hold the following:
· Net 2C contingent recoverable resources of over 12 million barrels of oil equivalent ("mmboe") from 30 wells;
· Net present value of approximately US$120 million (pre-Federal Income Tax), using a flat oil price of US$55 per barrel of oil ("BO") and a ten percent discount rate ("NPV -10"); and
· Net present value of approximately US$148 million (pre-Federal Income Tax), using a flat oil price of US$60 per BO and a ten percent discount rate ("NPV -10").
The above estimates only include forecast resources in the Cane Creek reservoir and do not include the significant potential upside from additional overlying reservoirs which are being evaluated following the drilling of the State 16-2 well. The estimates were calculated in accordance with the Company's Competent Persons Report ("CPR") prepared by Gaffney Cline & Associates ("Gaffney Cline") in June 2018, and will be revised further once all data from the State 16-2 well has been processed.
A potential side track lateral on the State 16-2 well (the "State 16-2LN-CC") is forecast to have strong economics as a standalone investment. Utilising production profiles generated from Gaffney Cline's CPR, and updated with a $55 per BO and $60 per BO prices, the Board estimates the lateral side track could generate the following on a 2C basis:
Initial gross oil production rate: 780 barrels of oil per day
Estimated Ultimate Recovery: 550,000 BO and 1.8 billion cubic feet of gas
Return on Invested Capital: 232% at $55/BO; 314% at $60/BO
Single well net NPV-10: $5.7 million at $55/BO; $6.7 million at $60/BO
I picked up near the end when CH says analysing of the wireline logs" wont take long", i take from that its because they are so obviously positive, ... Its clear that they have pulled off a blinder by going through the entire reservoir and the overlying ones. Fingers crossed for some very meaningful results to get the share price moving up to where it should be.