Member Info for Raincat

Good news!

Also nice to see oil prices recovering somewhat at near $93. If a further global supply cut is announced the price should be back above $100. Tilapia and Benin assets will be surely welcomed!

Yes with you there completely!

Let’s not forget two further catalysts that could put a spring in the step:
1) Rob3 should be underway shortly and that will definitely ignite some interest.
2) interim results - this should highlight the recent oil /gas sales but also oil in storage awaiting sale. (Is this released and when?)

If we can get T2 over the line asap that puts us in good stead for further dramatic re-rates as news is announced.

Market - I think the simple answer is some investors were expecting this transformational update (T2 or so) prior to the call and unfortunately that did not happen, hence the reason to move on and come back closer to any further update.

I agree the content of the investor call was very exciting to hear but we need completed deals. Simple. Once these completed deals start to be announced I thoroughly expect a sizeable re-rate of the share price. I do hope this is sooner rather than later.

The fact the Investor call was rescheduled twice within weeks one would assume that a ‘company making’ asset is only a snippet away from being approved. That should really rattle things up.

It Would be nice to have confirmation of a secured deal.

Botham, an update would be appreciated. With the investor call a short time away now a positive update on one of the deals would go a long way. There is still time so let’s see how this pans out. One can be optimistic. Good evening.

Agreed Market, Thankyou for your input. We are definitely on the right track. Asset being considered are excellent and will help the company on its way to their desired goals.

The share held up well in what was today and awful market. Strong Foundations contribute to a solid standing, hopefully further announcements leading up to the investor call next week will really get this going i.e. T2. Hope everyone has a wonderful weekend.

Am I reading that correctly?? That is huge!!

And they could potentially announce T2 on top of that?!?!

How is this still at anything close to 1p??

Thankyou Hedgehog, a wonderful credit rating improvement which only enhances the attractiveness of the Company.

I think we have everything ready to take on the T2 licence. We have constant and stable oil output in Tunisia, stable electricity from Italy, Rob3 about to commence work. Financially stable, our own rigs etc. Good luck all.

that really is something…. The hard work acquiring current assets has really paid off. Daily production from the Tunisian assets is ongoing. Electricity production at a high.

Perfect time to release a company making deal.

With the share price currently at 1p I hope to see a gradual run up to some news, I may be so bold as to hope for 1.5p in anticipation of the company making news, upon which point we could see a very nice uptick dependent on the news.

The company has taken some wonder strides to put themselves in a very opportunistic position. High oil/gas prices coupled with great assets. Good luck one and all.

Thankyou Hedgehog- you certainly have the pulse of the company, all credit to you.

It would be nice to see the company proactively move on these initiatives whilst we await the external sign-off of the many deals in the pipeline.

I look forward to some groundbreaking news shortly to get the share price moving.

Hedgehog - Thankyou for your analysis which is amazing considering the electricity and gas production at current rate alone is roughly equivalent to the current market cap of the company!! What If 2024 projected prices are realised. Truly astounding.

where is the consideration of the oil production from Tunisia which is probably close to a further £10M. Unless I have missed something.

The share price really needs to catch up. What will happen if an asset like Congo Tilapia (with thousands of bopd) is acquired. I remain thoroughly enthusiastic.

Thankyou Hedgehog - agree with your sentiments. It is an exciting time for ZEN (and holders one and all) and the moving of the cc to accommodate some significant news does make one sit up and take note!

I will follow the story closely and hope to see a gradual increase in excitement as we get closer to the now host of potential announcements. Wishing you the best.

Thanks Ezhik, yes feet firmly grounded for this one. The current income streams intrigue me and the company is making decent money daily. However Proactivity is the name of the game. The team, as seems to me, have been good at picking up cheap assets that are generating a healthy income. If they pledge just 5%-10% of yearly profits into a share buy back that would definitely start the road to increasing the share price. Obviously with the start of Rob-3 that could generate headwind.

Let’s see what comes of the forthcoming announcements that will hopefully be groundbreaking. Wishing you all the very best.

Hi Hedgehog, I have read your and other posters on here with some excitement. Having bought in over the last few weeks I must say I am surprised the share price is at this lower level considering the oil and electricity currently being produced. Both commodities are at sky high prices going into winter and could continue to spiral upward.

I understand there are a number of initiatives currently underway to enlarge the portfolio in Tunisia and Congo (Tilapia) so again surprised at the share price level but these deals are awaiting approvals out of the control of the company.

However the company may be able to commence movement of the share price by launching initiatives of their own like share buy back or pulling forward the Rob-3 initiative.

One hopes to see the share price start to move ahead in the right direction leading up to the conference call. Good luck all.