Member Info for THE_CHAIN

Seems more like a gradual rise to me, 12% up on the month so far.

Haha i need to renew my subscription Ezhik. I'd be surprised if we have to wait until the 20th for TD. CH said in the Malcy Interview he expects to update shareholders early January. We shall see.

Hope so bubble. Looks like things are turning in our favour for sure. Don't want to wish the weekend away, but I am looking forward to Monday haha.

Nearly 9% up on the week. With the right news we will see off 7p next week. Come on CH, let's be having it. Have a good weekend all.

News next week or I'll eat my Hat. Looking forward to Monday morning. I am still hoping CH does a webinar following the next rns. We need the PR.

Fwiw the other share you are discussing looks like an absolute dog in comparison to Zephyr. I'll say no more on the matter.

We need the permit to be approved for the 1.3m pipeline from 16-2 to powerline Road gas plant for starters. Still awaiting it from the BLM. Once received and all the equipment is on site its estimated to take a month to construct. I wouldn't say 16-2 will be in full production before April. Will see what CH has to say in the next RNS.

Nice find Bubble

Moving in lockstep with the Biden Administration’s calls for U.S. oil and gas companies to expand production, London-based BP Plc has unveiled plans to boost spending in the American oil heartland by over 40% this year.

"On Wednesday, BP said it would raise onshore oil and gas investment in the U.S. from $1.7 billion in 2022 to $2.4 billion in 2023–a 41% hike year-on-year."

So a U-turn from saying BP no longer investing in oil and gas, favouring green energy....Good for us.

CH can we have an RNS please so we can change the subject....

Wide spread could indicate MM accumulation. Encourage sellers, put off buyers, accumulate for a bigger order...pinch of salt on top of oodles of conjecture.

Blue is nice to see. This mornings shenanigans order filling related?

36-2

Indeed Bliss. Can't wait for the next RNS. Exciting stuff.

Good luck to you Setanta. I am here for the long haul. Buyout or eventual dividends, either good to me. But I agree, we are on the verge of a major turn around. 2023 should be a good year for all holders.

CH said in the Malcy interview recently he expected to be updating the market early January. So hopefully not!

Some suggestion on the other site, that this upwards downward trading pattern over the last few weeks could be stake building. It has been a while since we've had any late reported large buys. Be interesting to see if that comes to fruition. Ofcourse take with a pinch of salt.

Just traders trading. Hopefully news soon from both 16-2 and 36-2, good enough to get more volume, and mid to long-term holders. Auctus price target 20p, that will do nicely for starters.

- unrisked NAV exceeds 100p/sh based on current CPR

- further drill success will add resources & move resources from prospective to 2P & 2C

- obviously drill success is not guaranteed but CoS across entire acreage will increase with every successful drill. Impacting CPR resources.

- Cane Creek is a known reservoir that has already produced 1m boee (tiny fraction of potential)

- less known overlying reservoirs have 3D seismics & samples from 16-2 & 36-2. Co seems quietly confident of these adding significant success

Valuation
Our new Core NAV of ~£0.05/sh and ReNAV of ~£0.20/sh incorporate our estimates of cost inflation and our FY23 capex forecast. While Zephyr provides exposure to high impact drilling activities, we also forecast that the company will generate free cash flow representing ~30% of its market cap from 2024 EACH YEAR based on the Cane Creek reservoir only.

Auctus target price up from 16p to 20p

Let's see what the morning Brings. Think every opinion has been said to death. We need something new to talk about, hopefully that comes this week, accompanied with an SP over 7p!

I'd also be interested to know what similar companies you drew comparison from for my own research?