Member Info for Setanta1

I hope, (a lot more than you do) that I get my exit price soon. And it's not quite 12p.
I also hope that people on here are allowed to express their opinions respectfully and knowledgebly without snide interference from people like you.

Which parts CH found such fault with. Or you could say "well he would wouldn't he"!
It is certainly the best attempt at a measured critique of Zephyr that I have seen up to now.It deals with all the activity for the past couple of years. And it is neither damning nor ,(malcy like), over exuberant with no real facts to back the claims.
I'll take it until something better researched and more provably is produced. The fact that the information is sequential and verifiable from the RNS'S is very useful.

First class ,and as well as collecting all the existing informtion in one place it raises some very important questions such as the adequacy of the team, (without questioning their abilities), and the desirability of the company being listed in the USA. Plus a lot more well examined possibilities.

Whats needed now is one more substantial institutional investor, at least. That would strengthen the market confidence and ,in doing so , put an end to the piddling daily trades.

..what happens when the US market opens.

As directors they must declare their shareholdings, however small ,and they have done so. And they must declare any changes to those holdings. They have declared their Origin Creek shares also.It's not negativity. It's just a matter of fact.

is a good mark,elland. I was certainly pleased to see it. But what I find hard to understand is why four of the directors hold less than 1% of the equity between them and why none of them bought any this year. Purchases on their part would have given an important signal to the market.

too from SCE2AUX. The BOD seemed to get off track about six months ,(or so), ago when it became tardy or unreliable in providing news.They knew in the Spring that they would be unable to produce from 16-2 for the lack of a pipeline, but they didn't tell the shareholders. The lateness of the bitcoin information was equivocal and the the cancellation of the webinar while understandable does not justify the lack of a resit date.
It has been a very poor shareholder year. Yes there have been good aspects such as the noop wells, but since the finance negotiations in January the wheels have looked a bit wobbly. TKIA put the message succinctly when he pointed out that very big intending investors are not interested in nonop production. What they want to see from zphr is news about its own produced oil. When that happens we will be off. When that happens.......!!

And with those sentiments, The Chain, I'm in complete agreement.

I understand your comments The Chain but please be clear that I have not insulted anyone here personally as I have been insulted personally by several. I do not use the filter button because I believe in open freedom of expression. Ones innate decency and good manners and intellegence dictate one manner of expression.
As for differences of opinion about how the BOD may be managing aspects of the business well that should be fair game so long as it is well researched and expressed.

I hold a great deal more than 8.1m shares., which makes your calculation meaningless Never thought you had the resources to buy even that many of them anyway.

I'm more than happy to sell my shares but if you have followed the thread you will see that I also have hopes and intentions about how much I will gain from that transaction and your offer doesn't come near that figure. Thus the negative.L think you will know when I sell my shares!!

are an accurate reflection of what has happened here. Read the first two paragraphs of his last post. And no one has the right to deny him his say.He sold a very decent holding because he,rightly, guessed at the end of last year that we were not going to see any progress here for quite some time. I wish I'd had his perspicacity.

MTucker and Risky Business 1. But the price I want is 7.7p and the minimum sell will be 8.1 million shares. Otherwise I'm going to hold on for a better price. And thank you for your interest gentlemen.

The permits were signed off over a month ago. Ample time to reschedule the Webinar. Selling any reasonable quantity on the open market just now is virtually impossible. The "problem"with the share is not my problem . It is a problem of liquidity that CW acknowledged ,and undertook to address. He's done nothing about it.

Hi Thehhoys, I confess that my attitude may seem a bit paradoxical ,(and I don't in any way decry the good sense of the hedging deal, nor the purchase of the nonop wells. Those were excellent moves.), but I don't believe that the financing was the first choice,nor the finest hour, of our BOD. From that point the SP fell back and it still hasn't recovered.
The illiquidity of the stock mean that it is/would be difficult for me to sell my holding. (And ,by the way I hold a lot more than 7M shares here. In fact I hold a lot more than any director other than CH). Thus I am disappointed that the company has done nothing to address the illiquidity,( like buy more shares for instance), and so many time lines have been missed (eg the Webinar).
Like other investors here with large holdings my holding is virtually unsaleable on the open market. So I am now exploring other options. Simple as that!

There is some selling here practically every day,papaduke. But I wouldn't put it down to avaricious market makers. What they might gain from about a hundred trades in a day is hardly worth the effort. The fact is that the stock lacks confidence or popularity as a tradeable entity. That will only change when Zepher begins to sell its own -drilled oil into the market place. And when promises by the BOD are met. Too many missed promises and missed timelines.

TKIA when they ,(badly), negotiated the financial deal and we ended up with poor deal we had to accept , including the placing and the warrants. You predicted a year of slackness on the SP. And presumably sold your very decent holding. I've been pilloried since then for noting what you adverted to. I amtalking to you broker,by the way, as a possible route out of the liquidity dilemma here. Go well.

Hi The Chain, The illiquidity relates to the fact that the shares are restricted in virtue of the number of traders who wish to deal in them. The only shares which may be restricted here due to holder preferenceare th CH shares (largely) and the Tyndall shares( maybe). The majority of the rest are free to trade . Its just that the traders don't want to trade them. That has created the illiquidity, which CH has acknowledged, by the way

Ref. your 19.00 post The Chain: The company can do a great deal about the liquidity of the stock. That was specifically why they brought Auctus in bu to no effect.
Also the BOD can buy shares when they are not in a closed position. The holdings of all directors, apart from CH is laughable.
The number of shares free to purchase is enormous but institutions won't buy them until ZPHR begins to sell oil from the inventories of its own-drilled wells. That it has, so far failed to do and nonop production is seen as a diminishing asset.
Our hope is that one day soon Zephyr will declare the currently being drilled well a success, and open for large scale production. Meantime Zephyr will be prey to the activities of MM's doing on a daily basis what they are supposed to do "make a market"!