Zak Mirs has a price target for ZPHR of 9.5p as soon as the end of August. He said that only about 10 days ago!. Volume this last week on these small falls has been next to nothing. Just MM's making a market and money from the spread day to day. I trust and believe on CH and the BOD 100%. Its very clear from all the latest RNS last week that there will be significant shareholder value now and going forward being created. Before anyone asks!, yes i'm holding and not selling a bean. The latest wells to go online are giving us fantastic ongoing income. Its all coming together. I'm very confident re Paradox. Best team all round in the business. Add if you can at these levels GLA.
Yes, thats all fine and no worries. Best of luck to us all. I have a good feeling about ZPHR, just hard to learn to wait!. I feel a wee tick up this afternoon perhaps.
Keep this thought in mind.... If Paradox doesnt have commercially viable oil / or it cant be taken out of the ground, then why buy producing assets which CH says will go into the development of Paradox???. If there is nothing to develop, then that statement is a dead end surely?. They MUST know they can get the oil out of the ground to make it pay, they must know that
Many thanks KP. Best of luck. Lets hope he does. They must have a fairly good idea by now what they are dealing with... surely. I'm amazed there hasnt been a wee leak thus far. 9.9 times out of 10 there is, which gives the PI a steer pre end of drill.
plenty of time yet i suppose, i have to say the recent price action has been a tad odd. Why 5.8p-6p range and not 6.5p-6.8p or 5p-5.25p?. A strange one. Thus far also, i think we have more buyers of the share who live in Glasgow than we do in the US or UTAH post dual listing. Thats another odd one. Not to worry.
Just pointing out that CH needs to do a very serious PR job on the very investors who are actually on the ground in Utah and the rest of the US, now the dual listing is live. Surely if all of us on here ( likely Europe based / UK based ) are ramming in Tens of £1000's of pounds into ZPHR at all levels this year, when we are 3000-4000 miles away from the actual operation!, then US based / Utah based II's / PI'S should be having the same very positive vibe as we are?. Infact they can drive to the site and have a wod with the drill crew, local hoteliers to get the hard frontline facts!. We cant do that easily. Not a moan, as i hold more than i likely should, BUT its the truth surely. IF we have a monster in the making, then the US locals should be all over this oppurtunity as we are. CH needs to do the videos / TV / Investor interviews in the US as soon as, to get this fecker moving and more importantly to massively increase the daily volumes asap. Just need a very large rocket up the backside for US investors to put their money where their mouth is, as we have. After all, its in their back yard??. For a start, all the drill crews, and every man and his dog involved in this in the US and all their family members should be diving in here ?. Afterall , we have, when will they?.
Sorry, had to be said. I am very positive on ZPHR, just would be great for US homeland / in their back yard Investors to get buying and buy big.... now.
. I agree good points, well made. Forgive my ignorance.Daft question and my apologies for asking it Thebhoys. Who is KP4 and what is the CHCC please?.
And dont worry, i havent sold any. I did infact add yesterday and 2 x more trades this AM circa 5.9p, just after 8am. I'm now back to nearly 4m shares and i will be holding until EOY, assuming no total disasters at Paradox. Best of luck all.
Great work Adon30, very much appreciated. Gives us all a very good flavour of where we are. CH seems to be reiterating that "Substantial share holder value will be attained in "2021" in particular, clearly beyond 2021 value is a given. We could well see a takeover in the months / in to 2022 if we continue in this vein.
I think they know 2021 will be totally transformational for ZPHR shareholders. No coincidence as they near drill completion on the lateral. Its going to be huge my friends. MKT cap is just far far too low. All this income now onstream aswell.
WOW.Well done the BOD and CH. Keep it going. We NEED the US investors to really get excited please CH, get the PR machine going / US interviews etc, drive this company forward to mid cap status and soon!.
buy suddenly popped up on ADVFN trades from this AM. Hence the price being held below 6p to fill this buy order. Brakes will be off now. Should see strong upward trend now imo. Always this is being managed, in a good way. Glad i added a good few.
Best of luck all.
I agree blissful. All fine, but we could do with a general Ops update ( aside from paradox progress ) re other wells coming online etc, ongoing income payments. I would imagine CH's time has been taken up on this latest aquistion / + ongoing paradox drill. So much going on.
I'm expecting he daft 7.5% drop yesterday to be wholly wiped out today with a strong hard blue day.
Indeed. It also continues to show the great relationship they have with all their local partners on the ground. You cant under estimate the strength and value this gives us now and going forward as shareholders. Its a very very solid all round operation in a safe area of operation. ZPHR just tick so many many boxes for this type of setup. Any ideas how long 5000 of lateral drill into the reservoir will take?. They MUST know by now roughly what's going on underground?, surely?. Its alomost as if theyve slowed things down a few days to allow this extra acerage to be mopped up pre testing on the current drill. Bodes very very well imo. Makes yesterdays 7.5% drop even more strange?.
As always the market knows first. We should therefore be seeing very strong gains going forward now.
10,000 depth,about to drill 5000 to the lateral. All going to plan. In addition, theyve bought another 12,000 leased acres in the paradox basin. Looks a really enormous project now.
CH's comments:
It's an exciting time for the Company, filled with short-term operational activity and long-term strategic potential. Today's news is progress on both fronts, all in the pursuit of delivering significant value creation for our Shareholders for many years to come."
I agree, so why the drop??. Very small sells in general looking at things. Just MM's creating a market on a quiet day and trying to mop up some loose sells?. I do dislike these ;ate reported trades ( from yesterday)that seem to pop up all the time from the day before.Highly confusing.
Ultimately we are in the hands of the drill bit, CH and the whole team. Fingers crossed.
I sincerely hope you're right!. Ultimately out of our control, but i think the odds are stacked in ZPHR's favour. A huge huge amount of work, preparation and world class knowledge / research etc has gone into Paradox over a long period, i'm confident they will deliver. The main point is that we can get enough commercial oil out to justify a much much bigger market cap than where we are now. I'm a bit confused by the lack of trading in the US. You would have thought theyve had all year to get their head round the oppurtunity here, as we have in the UK. In short we put our trust and money in the hands of CH and the BOD, UTAH partners / drilling team etc. Cant do any more. Best of luck all!.