Member Info for Setanta1

I should have rechecked the Issued Share Capital before I mentioned it, although my error doesn't negate the point I was making about the low relative level of daily trades. Thanks for the timely correction Molotovkid.

The canny investor will get his recompense from whoever buys Paradox .They don't stand to lose anything.

Fact is there isn't a market. At 4-5m shares traded daiiy in an 18B share company this represents the action of an outfit keeping it's sp (with a bit of MM collusion) ,circa 3p while it negotiates a financial deal. It now seems clear that there was never any real intent to produce from Paradox, but to sell it on in some way whilst leaving the management with a seperate nonop oil company. Let's see!!

We have no idea how long it may take to find a partner. And the virtual disappearance of any presence by CH only serves to create more disquiet. I am still in a tidy surplus here but I also have a large holding so I will be a bit easier when CH becomes a bit more positively active by producing some news that might impress the market which never seems to have found him very plausible apart from the first year or so.

It may be a time based transaction which the holder wishes to keep so he/she sells the shares on maturity and then buys the back immediately. Hence they always appear as apair.

Are neither buy nor sells . They are just "housekeeping"transactions.

I still also believe that the BOD has been manipulating the Sp for at least a couple of years.

....... but I'm weii north of £400k as things stand .And it's all my own. No pension pots or ann such mullarkey!

I came in four years or so ago with an aim to clear £1m net here. I am still in profit here and I still believe I'll make that million. Less than 10p will do the trick.

.....put too much faith in Auctus. Auctus was brought in expressly to find one .or more US institutional investors. Result! Nada! And that was three years ago.Old chums act by CH I imagine!

....the nonop wells will do nothing to enhance the share price. And those relating to the $100 m are no exception. CH has done a poor job of explanind the rationale of the deal, that's all.

There is only one show here and that is Paradox and its relationship to a farmin or a buyout. The sooner the better I say11

The money to be invested ( $100M) in the Williston nonop wells will have no affect on the SP. And that's all that interests me . Let's have the fermin or buyout news. That's the important and interesting bit for large holders like me!!

CPR out and we're back to the 10% spread ! Why would the MMs want to do that now when there should be a glut of buys available to them. Same old SP management as we have seen over the past few years. So who is behind it? Go on , have a guess!

Thanks Grand Q and papaduke . I acknowledge my error about the "second" RNS yesterday. Go well.

.... the spread has been widened to more than 10 percent. I think the company is manipulating the SP through the brokers . This is not preferred MM activity. It would be in the MMs interest ,and profit, to allow the SP to rise , but every time it looks iike even approaching 3p the spread is widened to discourage buying. Meantime the flow of information from the BOD has been pathetic. I've been blowing this trumpet for years and I'm now more convinced than ever. And where has yesterdays second RNS gone?

Auctus Note.

It's on the Zephyr website ,papaduke.Incidentally the negative RNS I referred to yesterday seems to have now disappeared or been with withdrawn. I certainly can't find it today!?

In the note posted yesterday Auctus declared the publication of the CPR as "imminent" and also classified the drilling of wells related to the $100 investment as "imminent". The note mentioned the likelihood those events as likely share price drivers, and Auctus reiterated its SP estimate at 15P.

Auctus is one of ZPHR's brokers, so such a positive Note on the same day as the latest RNS might be important. Worth a read !

Papaduke, I refer to the paragraph beginning ......" Despite these operational achievements ........

Go well!

....of a big late,(or after hours), buy ?

Problem is, papaduke, if all is well as you suggest why did they need to throw in the very negative final paragraph in the RNS ?. Seems to me that the SP management I've been talking about for the past three years may still be being adhered to. If not we're goosed !

Good commentary ,Pikestaff ,and noticeable that the spread is always widened to dampen buying interest when the price approaches 3p Somenthig going on. Yet again?

...to let it go, perhaps !! ??