Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Fantastic achievement to be able reduction of debt at this time. Well done for able to do this.
Hopefully we can score high barrels at Rob-1 and then to get onto Rob-3 for more fun. Funds incoming for oil sales 6.4M will allow lots of on ground progress. Maybe even a little share buybacks scheme. :)
May well be the case, but they can push aggressively with Tunisia asset. Lots of wells to drill and plenty of money to be getting on while oil price is high.
It’s seem everything takes so long here , just get on with something and get completed!
Good long weekend all.
Was not expecting gas cut off to European countrie!
ZEN to rapidly increase oil (and electric) production output as looks to be getting worse situation. Hopefully tilapia will be to fruition and we can get drilling. Also work up in Tunisia asset to increase said output.
Funds incoming so should be put some to share buybacks scheme.
Hopefully initial funds will be use to get Rob-3 going after Rob-1 as well as further wells to increase the said production.
Also to have some news on share buy back scheme for the same!:)
Icing is to be tilapia completion and maybe even more of Tunisia deals. Good luck all good day ahead.
Oil flying and already back to $112 :) just wait to Far East lockdown easing and can see oil back up to past $120 ready for our 114,000+ barrels to be sold for the same!!:))
Roll on sales and deals. Good long weekend all.
Oil price slowly waking up as Far East lockdown easing.
Selling at $120 as opposite to $100 is extra $2.3M:) so don’t be in too much of rush:)))
Good to see rig up at rob-1 - extra 100 barrel back online is addition $3.6M add to the record profit from Italian electric output makes think how we can be at this low level.
Add in tilapia/Tunisia deals plus any buyback and you have tasty dish whence released:) Dyor
Cannot agree more Mr Callit. Take the excess shares off the table and watch this fly for the same!!!
Oil price still high and £9M revenue incoming can be put to good production increase use. Let’s hear about Tilapia/Tunisia deals and add to further output.
Big well done to Mr AC and team - hard work during lockdown has really pay off as we can now see:)
So what is investment strategy?! Same ppl making repeat same mistakes!!
Hope for the best but also plan for all outcome. Company are work hard to secure said deals but this is not wonderland but real life. Some times not everything is to plan.
Have you a stop loss or a point to derisk? Very easy to blame the company for your own trading mistakes.
I am happy to see the oil sale and hopeful production deals come through for the same!
Oil at $107 and was $120 before Far East lockdown so I can see a quickly ride back up for oil price once restricting lifted for the same! Hope a surprise for more than 114,000 barrel for sale which would be a nice income to put to good increase production use.
Tilapia /Tunisia oil deals will be icing on cake and welcome boosters for said sp:)))
Can we please keep the comments on this board for ZEN only! I have only questions (with all other big/small shares holders) with updates to ZEN.
where we are with Tilapia and Tunisia deals? That will get us motoring for the same:) then we have the Tunisia oil sale income to utilise to further increase said production and maybe even some share buybacks. Rob-1? Maybe even Further wells in Tunisia? Let’s us get April off to a bang. Good luck all :)
Definitely understood Mr Dean. But as the money is incoming from oil sales there are plenty of deals also in Tunisia to progress. If tilapia comes in then this is great for the same! Still also have drills to progress in current Tunisia sites. Good luck to your future invests :)
The ZEN can to make the company shares more attractive by simply buy back a few hundred million shares out of market with any of the loan facility set up. Can be repayment by incoming oil sale funds.
Update on deals tilapia but also Tunisia is now overdue and need ASAP.
Decent oil price recovery going into oil sale season for the same!!
114,000+ at $114 is $13M income! To consider Mcap is only 18M and what are p2 reserves etc? Need right valuation here.
Share buyback- would like to see info this sooner than later as they have fund available through loan fund secure to make a big different at low price before any big announcement sky rocketed the sp. Dyor.
We definitely will need update on Tilapia sooner, it’s has been a very long time of ‘imminent’ near side update to close the said deal.
On plus oil price $112 and hope we have 114,000+ waiting to be sold:). A quick serie of updates will do wonders for sp so need to get the rolling.