Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
The shares have been pledged as a guarantee not passed over. - a commitment as last resort. Be careful
And the sell off continues.....
Three potentially great assets but not much visibility. Unfortunately we cannot expect the sp to rise until we catch sight of some additional revenue. It's crucial we get something operational to go with the dealmaking. Mr Market expecting another raise.
Thanks, believe that is Landsat 7/8 which updates every 5 days or so. Been a lot of cloud cover over the past month so imagery not good.
More like sour grapes
I believe he referred to Zen as a dog of an aim share. He couldn’t even get that part right, so much for research.
Sardy, most of us are have been around the block long enough with Zenith to understand risk. Tilapia not an issue as far as I am concerned, only upside as we have seen this week. Any sign of life at Azer and we are motoring.
Maybe you should get shot of AAOG Monday morning.
I will happily add significantly but will need confirmation Azer wells are progressing and the REDPSA is solid. Have told AC this myself - hopefully some news in the short term.
Don’t get too distracted by the likes of fleetwood, posting c..p like that on Christmas Eve, time for cool heads.
There are no tweets as activity In Azerbaijan has only recently re-commenced, trust the eye in the sky. I suspect a re-negotiation has taken place which required a bit of understanding from Zen’s point of view. Move away from next drill at 247 case in point.
AC had put six figures behind the placing, if we were in dire straits this would not have happened, at the same time insiders have done the same.
A lot should have been done very differently but this does not warrant the current SP.
Have a good Christmas all, better times ahead all be it long overdue.
I'm sure he's quietly confident about the hi-level stuff. James Berwick could work the ops. Something convoluted turning up no doubt.
I was in this one for all my sins. Needs a re-entry and sidetrack to get paying. Getting a rig was the problem along with AAOG being owed 8m dollars by the government.
It's the republic not DRC and onshore
The rig is onshore and deviated towards the Djeno payzone. It has already been drilled but not flowed. Rates form the Djeno expected at 5,500 bopd typical of other fields. They need a rig.
Thanks for info Ezhik. I agree, as a company we cannot continue to make commitments and not deliver - its been a pattern for far too long. I've lost count of how many announcements contain 'in due course'.
The last RNS was particularly annoying as far from being a gift it appeared very carefully worded to not mean one thing or the other - Civil works completed Drilling operations to commence post sign off? Seems to suggest we are good to go but if the case i'm sure a tweet would be sent out, more likely rig being put together.
Why not put a date on when the bridge plug is being installed, surely had months to get this sourced.
Comms from AC do appear to have been kick started so whatever the problem was we are back to work but with the inevitable delay. Would love a secret santa here only if the share prices goes up!
Continuous flow from 37 and 300 bopd $5.5 a year will have us back at 4p - if only.
Anything that provides more answers than questions would be a start. Ambiguous RNS's just add more fuel to the fire.
Is the rig even at C-30
Zen has to drill a 5000m well in the small exploration area detailed in the RNS by August 2020 to retain. You would imagine this is being driven by SOCAR as we had planned to be elsewhere. Need that 2nd rig.
A picture of the rig in place on the new pad would be good to see. Raise the spirits and all that.
Took a while to get to this point at 37 but hopefully on line shortly - add stimulation we could be 350 bopd. C30 in theory should do the same again plus some within a couple of months. Could we break that 1k bopd barrier at last. This shouldn't be hanging around 2p a share.