Member Info for Setanta1

Two comments:
It isn't that the current Spanish government dislikes oil and gas. It is simply that Spain is a hyper bureaucratic country. So waiting on licences there is inevitably time consuming and nit picking.Which party is in power tends to be irrelevant.
Also I am a bit baffled as to why the sp here falls fairly massively despite a preponderance of buys.

As a relatively new investor here it's good to be kept up to date. I'm confident this will go well. Good to see the last of those 3p warrants exercised.

to put a contrary point of view, Seekinvalue. But if you read the RNS for 8 December 2021 you will see that it attributes the rate constrained productioon on well 16-2 to "salt deposition in the well bore", which will be mitigated " when the wells completion equipment is installed". It also says that 2100boepd will "be possible" from the well.Apparently the second problem with producing from the well relates to the lack of an adequate pipeline to transport the gas from the well and to obviate the necessity for flaring as the well is being produced.
I have a great deal of sympathy for the point of view that suggests that over the past year the company has been less than satisfactory in keepinng to it's time lines.I'm solely interested in the sp and that has been hampered by the inability to pump oil from the company's own drilled wells, due to the factors listed above.
So there you have it. I have sympsthy for the irritation you express but I don't subscribe to your reasoning.

Thank you for the correction SCE2AUX. You were also correct in that it looks like a buy.

A buy : 1100000@6p (£ 660000). Now that's the kind of enthusiasm I like to see!

Certainly don't justify the fall in the sp so the mm's are not reporting some reasonably large trades which may be sells by punters whho don't expect too much activity in the immediate future.

would be a date for the resetting of the long cancelled Webinar. Then we could get timings for the drilling plans etc.,

...Should read :..BP story looks very UNLIKELY to me.

All the giffgaff about the "boe" etc,. was born of ignorance rather than maliice, I think. The poster really didn't really know what he/she was talking about. But it rather got up the excellent The Chains pipe !!
What ZPHR needs to give the market is news about the infrastructure, (pipeline etc,.), and some iinformation about the production from 16-2, ( to begin with), in order to get institutional investors convinced. Next week ,I hope. Then the good times should begin in earnest. I'm more convinced than I've ever been.
Just one aside. I believe ZPHR is a long, long way from a takeover. And the BP story seems very likely to me. By the way Bubble BP is already a huge oiler in the USA ! Hardly looking for a "foothold" as you say.

is so fired up about responding to the hobbyhorse that seekinvalue has found for himself that the most important thing (the SP and the way it is languishing ), has almost been forgotten. Seekinvalue doesn't even understand the importance of the information about the pipelines to the project. nor is he contributing anything which will prove to be vital. So give him a rest.

and add Adon 30 to my complimentary remarks,(re posting), to molatovkid's.
Setanta.

molatovkid. Excellent post. You're educating me.

is that we still don't know anything conclusive about the pipelines, without which we can't have any worthwhile oil sold from Paradox!

is production from the Paradox. Until that is achieved the SP is unlikely to make upward progress. In order to give us certainty about that progress what we need is clear lnformation about the pipelines. There is no clarity about the first and no mention of the second in the RNS. It does provide suggestions about bad weather and delays in the procurement of material and services. That is not too encouraging. And I do worry a bit about the SP. In fact that's the aspect that interests me most. That is why I'm invested here.

I'll concede that the details of the well log are important, but they're over a year old and the RNS's of 21December 2022stat that the latest well testhas produced"stable" production rates which were increasing "in a measured and planned process". It also says that "production data to be released early Jan 2023" (it wasn't ). I don't think that a salt problem will negate the productivity of 16-2 but it may make it less profitable. By how much I have no idea.
Where I tend to agree is that the BOD has been very remiss in meeeting it's dates for specific progress actions,and that has been the case since December 2021. Missed deadlines sap investor confidence. What the maket wants to know is WHEN the company is going to sell it's own-drilled oil. The sooner the better.

Which for some reason it took Seekinvalue over a year to draw to the attention. My reading has never been that 16- 2 was rate constrained because they couldn't produce the well for lack of an adequate pipeline. And that hasn't altered todate. And 16-2 has always been referred to as a prolific well and a proof of the Paradox project.
Seekinvalue has taken a long time to make 2plus2 equal 5 (or 3 in his reckoning!).

My "buy " trade made at 14.02 wasn't reported until around 16.00 and labeled "unknown" although it was plainly a "buy". Similarly the three largest trades of the day were not reported until after close of play and were also labeled "unknown" although it was even more obvious that they were "buys".
The reasons would appear to be that the MM's didn't want the SP to gain traction. AIM is the only aspect of stock exchange dealing where the MM's interfere in that way and it represents dreadful market manipulation for their benefit.

The reason the share price isn't way higher than the current level is that ZPHR hasn't delivered any appreciable quantity of it's own drilled oil. The larger market isn't very interested in nonop oil as it sees it as inevitably finite. ZPHR will prosper in terms of the sp when it can deliver all the oil it can now produce.

In for another 99900 while the going is good. We should see the 20's next week.

Thanks TKIA. Your confidence encouraged me. I think it will be good. Maybe very good. Go well.