The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Fiah I disagree, my average is not far off where we are now.
“ BUY WHEN OTHERS ARE FEARFUL “
Israel Palestine conflict giving me a nice top up opportunity to take me up to 15.5m shares.
Well we are getting that with USA which is pretty much straight forward profits, with Italy we should be getting millions coming in annually. With Kazakhstan on top would be obviously a game changer.
I disagree I think we will get a big portion of that $48m, maybe not all but at least $20m in my opinion and even that is over double of our market cap.
I wasn’t invested on the back of Azerbaijan so have no knowledge of issues back then. What I know is the price has been dropped on many investors selling out until solid news comes and when it does I am certain this would shift north very quickly. Reminiscent of our run from 0.35p to 1.5p. Then investors can decide to stay in for the story or get out. But one thing is for certain a run is coming sooner rather than later in my view.
Like I said Paul if you were invested on the back of Azerbaijan I don’t blame you for being peed off but don’t let emotion get in the way of making money. I personally believe we’re at technical bottom and not much downside to upside especially now that consolidation has come into effect.
Both Tunisia and Congo will have to pay the piper sooner rather than later. If they don’t their bank accounts will get frozen by the courts so I am not worried about them. In the meantime I agree AC needs to get the oil pumping and money coming in. Then the price will start to move, of course with the money received back from Tunisia and Congo the price will multiply.
But they didn’t announce they’re not signing South Sudan. How do you know they don’t want to keep the talks quiet until it’s signed? South Sudan is on the cards just depends if the deals right. As for Kazakhstan from the rns it seems like a pretty much done deal.
Mls didn’t you buy at 10p+ before consolidation? Don’t blame your poor investment decisions on us.
Right now is the time to be loading up, again I’ll be happy to get by year end well get 5p+. Remember our last bet you said we wouldn’t get 1.5p? Then it went from the 0.3p to 1.5p in weeks. Same will happen again and again you’ll disappear like a fart in the wind.
Ezhik I think you may have lost lot of money here on the Azerbaijan. Is that true? I wasn’t invested then personally wouldn’t have invested if drilling in Azerbaijan should have done your due diligence?
As UNIPART stated the price is exactly the same as last week. Expecting a nice run into Christmas 5-10p.
I believe Kazakhstan will be signed by year end and if there was money left over from the $48m money owed to us we can get Sudan also.
Paul do you have insider information to say South Sudan no more? The company haven’t announced anything? From the articles of Kazakhstan looking to ramp production I think zenith will get the asset sooner rather than later
Good news means the court case is going to happen sooner rather than later and finally get $25m+ into your bank account. On Tunisia alone. Then it’s time for Congo to pay the piper.
It’s been trading 0.35-0.4 until we get news on new asset, money from court win, electricity profit, or USA production. Either one of those comes and the price will move northwards very quickly.
I am sure we will hear news about Italy when there is something to report.
https://www.reuters.com/business/energy/italys-energy-authority-expects-rise-electricity-bills-2023-09-27/
Electricity prices rising so hopefully more profit for us.
Https://amp.dw.com/en/kazakhstan-says-ready-to-increase-oil-supplies-to-germany/a-66951721
Botham this shows SMP have no power in the courts and sooner or later they will have to pay us up $$$$$$$$$
Mls if you read the rns there is no plan to dilute or fund raise. Was made clear in previous RNS. I agree with UNIPART. Think Kazakhstan will be signed soon and then straight onto production with all the millions we will win the court cases.
I agree UNIPART I am sure AC said in previous rns that there is no raising which is great especially with all the good news yet to come.
Zenith Energy Ltd. (LSE: ZEN; OSE: ZENA), the international energy production and development company, is pleased to announce that BCRA Credit Rating Agency AD ("BCRA") has confirmed the Company's long-term issuer credit rating of "B+ with Stable Outlook".
BCRA is an independent credit rating agency operating since 2003. The Bulgarian Financial Supervision Commission ("FSC") and European Securities and Markets Authority ("ESMA") have fully registered BCRA in accordance with Regulation (EC) No. 1060/2009 of the European Parliament on credit rating agencies.
The BCRA report can be viewed here: https://bcra.eu/files/rating_zenith_sep_2023_en.pdf
Luca Benedetto, Chief Financial Officer, commented:
"The confirmation of our debt issuer credit rating is evidence of the strong fundamentals of Zenith Energy. We believe the Company's rating will be viewed favourably by investors as we seek to finance our ambitious business development strategy in the USA and Kazakhstan by way of non-dilutive fixed income debt securities."
All it takes is a win from one of the cases against Congo and Tunisia and the price will more than double.
Kazakhstan or South Sudan signed should more than double.
A year of profits from USA price should also more than double.
It’s not a matter of if but when.
Zenith will come through one day. 15-30p within the next year is very realistic.