Member Info for Raincat

We need one (or more) of the large assets to be completed to get motoring here. Tilapia has been years in the making so a positive outcome hoped for. Obviously any of the other assets as well will be welcomed by all. Hope to see a positive update soon.

Some Long term holders who have seen the value of their investment plummet (we have all been there) and new investors who have bought in below 1p and are optimistic about the future based on new deals and current oil and electricity production. Let’s all hope for the best. Hope to see a positive update pre-Xmas ZEN.

Thankyou Market- spot on as usual. Some will never stop trying to ice skate uphill!!

A complete turnaround as represented by the half yearly! Hope to see a meaningful asset confirmed to light up the sp.

Flash-agreed increased production is obviously the name of the game. BUT maybe they are hoping to bag one of the larger assets (Tilapia comes to mind) and go for the big 3,000-5000bopd uplift which would be even more welcomed by us all. Especially if we are hoping any one/two of those assets can come in sooner rather than later.

Income is income and we are getting a steady stream from oil and electricity production.

Let’s get one of the larger assets over the line ZEN!

You are all correct. ZEN need to move on the existing assets (I would have liked to see a move on Rob3 also) AND secure something big in Congo, Benin or else. Only then will we see the well overdue rise. A further 14 trading days prior to Xmas—- hope to see some fruitful updates soon to cheer the hols.

TYB - How dare you be so enthusiastic about your own investment with your hard earned funds! May I suggest curbing your enthusiasm or the doomsayers will be onto you! LOL

Have a wonderful day and weekend all.

Comprehensive development plan - Go ZEN!

Nice to read a few more balanced views here. You are right it’s not all roses and we all would hope the share price to be higher based on production thus far in Tunisia and Italy.

The conference in Congo concludes tomorrow I think so we could still get something re:Tilapia. (It’s been years in the making!).

Obviously a positive response from Benin or other will also be welcomed.

Looking good!

I understand the argument. And I do want to see something approved. Let’s see what comes of the conference! ‘Managing Mature and Marginal Fields in a Profitable Manner' - one would hope we actually have one to manage! Fingers, toes and laces crossed!

Let’s just hope we get an approval for one of the many assets soon. It’s been a long time coming. Tilapia would obviously be a good start considering the presentation at the Conference in Congo. Others will hopefully follow. Half yearly report also due soon.

hope to see some share price progress sooner.
At least one of the assets should come in now. Tilapia would be my guess but as ever I could be wrong. Hopefully followed by uplifting half yearly results then a splash on Seme field and anything Yemen can throw our way. Good luck all.

Any asset (3000bopd or otherwise) with that level of output annual income would be multiple times current market cap! Now assume (hopefully) Tilapia, Benin and an asset in Yemen plus Italian elec production!

Lol, oil price back to $88!

I note 2 months since RNS re: Seme field in Benin. If we do get a response within 3 month window then hope to hear something soon. Where art thou Tilapia?

Thanks Hedgehog - hope to see a signed off asset sooner! the sp has definitely not kept up with the Stellar performance thus far in oil production let alone the electricity production so the half yearly should provide some juicy numbers hopefully!!

Admirably stated there Market, Thankyou.

I suppose one needs to shield out the noise and concentrate on the fundamentals which you rightly point out. Good luck.

At least you have a date in mind to make a decision which is always a step in the right direction!. (Don’t be blinded by mindless ramping or gloom)!.

Make a decision at that point which you feel is right. I see huge potential so happy to take the leap of faith . Good luck to all either way.

Paul, we all would. I’m sure the wheels are turning with teams working trying to get the relevant deals signed. Hopefully we’ll hear something positive soon.

I would tend to agree their Market. 3 or 4 would be astronomical for ZEN! As you say they do need to start bringing these deals to a successful conclusion. Then 2023 can be dedicated to drastically increasing production at these new assets and adding serious value.