Member Info for phil45

When the market makers have no shares and its NT to buy why do some investors sell ? Its only a matter of time and this will be soon 5p+ . The known Resource is massive for this mcap, they are producing net 1200 bopd and the directors/ company investors own 70% of the shares.

This company will soon be trading at 5p+, no shares available at current price with the stock tightly held and very little shares in free float. Great CEO interview released today and patience required when buying as its taken 20 minutes this morning for my top up to be filled.
https://t.co/v2RRJydUxy?amp=1

Petroneft is simply re-rating to reflect the ever improving operational performance under the new team, for long term holders, can you imagine if this team was in place 10 years ago - where would Petroneft be now. The shares hit 70p ten years ago on expectation, that valued Petroneft at circa £250m at the time, makes a mockery of the current £30m m/cap.

Looks like 5p+ is coming soon enough just based on operational performance, they could add another 700-1000 bopd by end of this quarter, that alone is a significant increase in revenues if attained, that could take the share price past 10p Even at 5p a share PTR would only be valued at £50m, there are pure explorers valued higher, I am sure if a broker research note were published their target range would be north of 8p a share right now. It's exceptionally hard to get any shares in PTR around current levels, good luck trying !!

Debt has been swapped for equity recently
Production is increasing
rumours of potential buyout

Undervalued imo just a matter of time before private investors catch up with this company.

Significant Shareholders as at 24th March 2021
Name of Shareholder Percentage Shares
Natlata Partners Limited 25.79% 237,117,793
Ms Daria Shaftelskaya 9.86% 90,670,555
Seguro Nominees Limited 4.93% 45,357,433
Mr. Dennis Francis 4.50% 41,397,643
Mr Zhai Duming 3.05% 28,000,000
J&E Davy 10.87% 99,901,702
HSBC Nominees 4.00% 36,745,243

Directors Shareholdings
Director Percentage Shares
Mr Alastair McBain 10.08% 92,698,500
Ms. Daria Shaftelskaya 9.86% 90,670,555
Mr. David Sturt 1.73% 15,876,866
Mr. Pavel Tetyakov 1.35% 12,444,530
Mr. Anthony Sacca -

Total Directors Holdings 23.03% 211,690,451

Seems like not much stock around and still under the radar.

Never mind Phoebus come back in 6 months lets see who was right. They have managed to increase production already by some simple frac operations and have some exciting plans over the next year. A very good pick for a company with some prime Siberian oil real estate. I wonder why the swapped debt for equity !!!!

Phoebus suggest you read up a little on recent updates. Yes the old board did not have a clue take a look at what is happening now and this is undervalued. Why would the board swap debt for equity now !!!

Yes Don agree and its got some bigger producers around so with todays update I am expecting something in the next 12 months. Its also a major saving on interest payments, with the insiders now controlling a bigger percentage, and confirmation of road completion due which is going to speed up exploration on L67.

Directors transferring Debt to equity this share is way under the radar investors will soon catch on. Already producing with exploration underway imo this is way undervalued.

agree don

Hi Don, no i continue to buy at this level. Next news should be with us soon, unfortunately too many investors lack patience.

Everything above 2.71 is a buy, I have been buying this morning @2.74. MM's games. If its good enough for an investment management company at this price its good enough for me to keep filling up the pot.

These guys read the RNS yesterday as a massive positive and added to an already sizeable position. This is how PI’s lose out, be patient guys this is a buy and hold.

Agree just sit it out

Colin Harrington, Zephyr's Chief Executive, said "I am delighted that the initial results obtained from the State 16-2 Cane Creek reservoir core data both corroborate and support the Board's long-held view that the Paradox has the potential to be a project of considerable scale with robust and highly attractive economics.

mm's just collecting some shares from those that can't read a RNS properly.

Going into production quicker than stated previously with fantastic economics, the board clearly have a major interest in holding 20% of the company and they will continue to create shareholder value.

https://www.zephyrplc.com/proactivefeb21/

Welll worth watching this to the end, significant upside to come.