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Looks like we are going to get some big action. The Italian stallion making moves in the background still the most undervalued share on the LSE. We win the first small arbitration and the price will be 5-7p in one training day.
Https://www.investegate.co.uk/announcement/rns/zenith-energy-ltd-com-shs-npv-di---zen/new-bond-exchange-offer-/8149995
ZENITH ENERGY LTD.
("Zenith" or the "Company")
New Bond Exchange Offer
Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE: ZENA; OTCQB: ZENAF), the listed international energy production and development company, is pleased to announce the launching of a new Bond Exchange Offer on revised terms (the "Exchange") following the successful conclusion of the first Bond Exchange Offer, as publicly announced on April 11, 2024.
Botham the strategy is clear, win the arbitration with over $150 million owed. Then develop assets in the USA with potentially signing a big asset in Kazakhstan.
Even the smallest buys will take this back up. Worst news is out of the way just need arbitration money to come.
Callit I would rather they use that money to pump out oil in the USA. Then when we get the bigger win nearer to $100m pay us out in dividends to thank us for staying invested for so long.
You’ve missed out the €25 million bond raising that they mentioned in the last half yearly report that will more than fund the Kazakhstan deal. Trust in the Italian stallion. Easy arbitration win for the maestro.
Why not? Tunisia was going well and plain sailing till the government decided we were making too much money on the cheap and then tried to illegally take it from us. First and foremost the most important thing zenith must do is win the arbitration and then we can take our time to buy whatever good asset we want and diversify as much as we want also.
Whether we get Kazakhstan or not has nothing to do with Putin. It all comes down to if the deal is right for zenith or not. Once we get the arbitration money and make straight forward money in the USA, then we can take a step back and pick the best deal in Kazakhstan for us.
Rpg precisely, unfortunately they think with their heart not brains. Yeh I’m down but one day when the arbitration is settled and we get paid 100m+ I’ll be sitting on a huge profit and I guarantee you all the naysayers will come on spout the same rubbish. “ I’m happy for you guys no hard feelings “ garbage talk.
Flashgarden lightbulb enough for you and mls to spend every day here even though you both got wiped out 5 years ago
Flashgarden I like you. Do you like me?
Mls makes a new thread every day with every 100 quid sell
£400 total sell and mls makes a new thread lol
Mls you going to make a new thread every day repeating the same garbage?
Oh wait, a £20 sell yesterday
And no sells today.
LOL you must try harder mls.
Mls can you kindly post the trades as I was out and missed them, seeing as you’re so focused on them.
Zenith will win the issue is many are underwater because of market trend, boredom and waiting on USA/Kazakhstan. Until then I guess the money will be transferred from the impatient to the patient. Unfortunately till then we have to put up with mls/Flashgarden etc WhatsApp group till the settlement to us is finalised.
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Fre1 the market cap is a oversold tremendously I would have piled in but over leveraged on another stock I’m down on which was going to be put into zenith lol