Member Info for Setanta1

Scarcely, Overtrader. The SP was 4.25 p in March and it's about the same today with an average days trading in that time of around 5M shares. I've explained some of the trader activity in an earlier post. But thank you for your comments.

Papaduke but the farminee or investor won't move until 36-2 is absolutely proven.

The SP is being managed and that is almost certainly the work of the company and its brokers. The reason is simply to hold the price at an attractive level for the incoming farmin or large investor. Note the wide spread of the share price. Everything will change very soon with the announcement of the new investment which CH has already alluded to.There are not too many punters putting much dosh in anyway. They'll probably regret that in a couple of weeks or less.

The SP is undoubtedly being managed and the perpetrators are almost certainlythe company and its brokers.

The reason is,almost certainly, to facilitate ,and make more attractive, the upcoming farmin which has been in the negotiatons stage for some time now.

There is also a possibility that a small group of a social medium investors are taking advantae of the situation on a day to day basis.Otherwise the daily trading is of little consequence.

So, we long term investors need to be patient for a little while longer. As a sidebar you will notice that CH made no comment on the SP when Malchy began to raise it in the interview.

Salt Wash and and the Paradox will make the subject of the farmin and the timing must be quite soon !

The farmin negotiations will probably include the wider Paradox and Saltwash. Thus no mention of Saltwash in this interview. But it looks like we're on the verge of some very very exciting news. At last!!

With oil and gas but ,above all ,with helium is surely a part of any news which will be given by CH next week. The well that ZPHR now hold a permit to drill will cost $6M but that is already accounted for by the company declaration that they will not raise the finance by a placing and that , in fact. they already have a choice of offers for the full price of the drill. Given their ongoing negotiations on that front it seems likely that they may also include a wider Paradox farmin in the deal. Given the current desirability of helium they they are in a premium position. It would be very surprising if CH doesn't make an important declaration if he gives an interview next week.

For the first time in three years I am beginning to think that those who have been hedging their bets may have missed a golden opportunity.

The SP is being manipulated ,probably by the company and its brokers and/or by a small group of investors in concert.

1. Thank you Adon,as usual ,for the technical interpretation.

2. There is obviously some manipulation being worked here with a view to affect the SP and that has been happening for almost a week now . We all know the kinds of groups on social media who get together from time to time to reduce the SP of a share and who may short it or buy back in at a lower price.

The proof of the crux lies in the quality of the "sell" shares. For the past few days the average sell trade has been about 80k shares with such average levels being repeated over and over. The effect is to frighten the bejasus out of small holders who then sell their shares into a thin market thereby causing a fall in the SP. The cure is for willing traders to show their commitment and confidence by buying in batches of much larger amounts ,(eg IM). Or for the company fortuitiously to declare a farmin or a major institutional investment.

We've just had a very positive RNS and the share price continues to fall and there hasn't so far been many decent trades in the sell category.

The SP is being managed with the company's acquiesence so that it doesn't exceed 5p for any length of time. It't beeen like that for a long time.That also partly explains the paucity of share stimulating news being delivered by the company.

There has to be a reason for this, and it's been going on for a long time. A plausible reason might be that the company has an offer of investment on a large scale but the putative investees will only act at a relatively low sp ,(eg 5p), so that their investment will be profitable from the outset. Well that's what I hope!

Has been held down for the past few months, probably to comply with the company's and it's brokers wishes. Not necessarily bad news .It could be to facilitate a farminer or an important institutonal investor.

Aren't exactly swarming in! About 15K shares bought this morning. Doesn't indicate much confidence for a share which will probably announce some major news points in the next few weeks,and that probably won't be just the beginning of production from 36-2. Great opportunities could be lost!!

Yet again a sell thrown in at a reduced price to lower the SP. Are we about to see a farmin or a substantial investment? And all the appearances are that good news in relation to 36-2,( if there is any), is being held back. If not................!!!!

It was a sell . the price at which it was traded tells us that !

It's great to have someone with Adon's proficiency in oil tech to enlighten us about the details of what Zephr is doing at Cane Creek and Renndava makes an excellent makeweight. I can deal with the trading elements of the share but I need help with those technical details. Thanks guys .And roll on the good news !!

Adon30,thanks for the 10.53 post. You are my vade mecum for all matters technical here.

My current feeling is that we are about to receive important news on the financial, ( farmin/investment ), front which ,along with a good testing of 36-2, could make for spectacular SP action. Go well!

I am a small time investor here . I entered a few years ago so that I'd feel encouraged to keep an eye on it. My feeling was that it was a lifestyle company with direectors doing frequent raises to pay themselves and their chums fat emoluments.That impression has never left me!

I take my opinion,as usual, from AdON30 in relation to the technicalities of the procedures and he sees those details as reasonable in the circumstances.

In relation to the SP I hold my own opinion that the SP is being managed downwards to accommodate one or more farm inners or institutional investors who will enter when the price and the circunmstances are appropriate for themselves. ZPHR seems to have put the financial aspects right now and I hope for some other financial declaration of consequence in the very near future. Hope I'm right!

My feeling is that the share price is being managed. Clearly the BOD, with the connivance of the brokers, are keeping the SP around the 5P mark. They have done this before. Managed the SP I mean. The purpose may be to discourage buyers, and, if it is, it's working a treat because the trades on any day for the past month have been derisory in terms of quantity.One would like to hope that they have one or more institutional buyers lined up,(or a farm inner), and they won't put their money up unless the latest well is an obvious success. As for the punters. well what they are buying is talking a lot and buying very little.

There is still a big mistrust in the ZPHR BOD. Hardly surprising because , so far, they haven't been reliable in the way they have presented the case for success and they certainly don't come across as a reliable communicator with their shareholders. So we're at wait and see time yet again!

NoOne Knows came closest to answering the question,I think. The foul up attributed to the faulty valve and the slow handling of the remedy put the wind up the punters and they remain uncertain. Where are the important institutional investors we were led to expect? Nowhere to be seen!

The whole of today's trading isn't even a decent single trade, and the scenario has been played out at a snails pace.

Punters are so timerous that they are losing an opportunity for mega gains if this turns out to be a hit. But they are following the current practise on AIM of taking a few percentage points of profit and and being able to rinse and repeat it. No big bucks in that!!

Even todays excellent news has done absolutely nothing for the SP. And that is what matters to investors!