Member Info for RideDaIce

IMHO. Notwithstanding the time, effort and money sunk to date as a holder I don't think the RNS is unreasonable. If we can't prove within 3 months that we'll definitely be drilling during 2027 I think it's a waste of everybody's time anyway.

I'm thinking of having an omelette for my evening meal. It might be appropriate today.

I hope we're close. After 6 years I'm not sure I can take another 6 weeks.

I think betting on Butler is significantly less of a bet than it was a few months ago.

F&M.

The surfer has PRD on his shirt.

All kinds of everything remind me of you.

The monetisation of assets eh ?

I've not run a marathon but I can imagine this is what it feels like after 22 miles.

John,

Let Colonel Samuel Richard Trautman take care of this. He knows what he's doing :-)

I'm not sure that back costs could pay for 3D. But hypothetically it could pay to deepen MOU5 and drill another well to the NW at the optimal location with ease ???

The last week in July commences on Monday 27th. That's 106 days away. I wonder when we'll hear something ?

Anybody remember when SLB farmed into SOU's acreage by paying for a load of 2D ?

Never in a month of Sundays would I have considered being reacquainted with former Kea petroleum assets. Let's hope it's a Pukka outcome this time :-)

The words downside protection spring to mind.

Hi Cruithe,

The 23 parcels in Grand Country have a total acreage of 37691.55 which aligns with the statement in the November RNS.

"Zephyr is also pleased to announce that it has nominated approximately 38,000 net contiguous acres for inclusion in future federal lease sales by the U.S. Bureau of Land Management. "

Https://x.com/i/status/2039785654582710428

Paul did caveat that none of the new ventures may materialise. But I think many would agree that there isn't the bandwidth within the company to take Morocco to the next level together with all the new stuff so that might indicate a more fulsome exit that perhaps I for one had been expecting.

F&M,

I was in no way suggesting that we entertain any debt. I consider the absence of such to be our superpower in the current climate.

The CEO of another explorer I'm invested in said something a few weeks ago which really resonated and is relevant here in my opinion. It was regarding the notion held by some that asset level dilution is preferable to other forms of dilution. His argument as I understood it was that if you hold debt you may have the option to repay it at some point in the future. Similarly if you issue shares you may have the option to buy them back. However if you hold a world class asset and trade it away you are very unlikely to ever get it back.

So lets hope we get a good price or a retain a high WI.

I wish I had the problem of finding something very valuable I wasn't looking for and not quite knowing what to do with it in the short term.