on days like this2 Jul 2018 14:18
of which there have been many in the last few months it can be difficult to stay positive.
But
we have 4 current wells -3 oil and 1 gas on extended well test with good initial flow rates, we have additional pay zones being re visited which will add value and exedite return and we have drilled deeper on T39 into the eldari B pay zone which previously delivered 900bopd for 30 days on Dino.
We have a mechanism in place to deal with the YA preference shares- i assume first payment ahs been made in cash from revenue as no confetti rns has been issued.
We have an II who has seen enough info to put up the cash for a further drill later this year.
There are positives out there - we just cant see the wood for the trees right now.
The Sp is pi ss ing me off as much as anyone at the minute and whilst im not a trader or intending to sell any time soon - its bloody frustrating seeing almost 50 percent wiped off of your substantial investment. I dont buy the share price doesnt matter. It always matters. Sentiment on low volume is rock bottom due to SP not ops progress.
Are there negatives - plenty but we know what they are and have it delivered on a regular basis from the shorters and company haters at every opportunity so im not going there.
Come on Zaza - value creation 24/7 is all good and well when we know what it is- so lets be having some good news update RNSs.
Soon!!! please...