Member Info for Zebediah16

still dumping by the 4.0 placing. I wonder how we will break out of this

that sell at 4.08 for 73236 was my buy. SP still juddering like a misfiring car here

Interesting they have committed themselves to 1000 bopd by December this year, which is not very far away... So what does that mean, where might this success come from?

C37 is really going to deliver ?
BD260 rig is setup and delivers results ?

those other two trades have now shown up on LSE, so 5 in total. Nothing for 11.06 AM on HL

Apparently there are multiple transaction feeds. Its looks like LSE and ADVFN pick up transaction feeds that the other platforms don't for some reason. This has happened before as well with other companies

dont show up on HL either

Is it possible to manually enter and submit a group of buys and sells as a batch (e.g. 1* buy, 1* sell, 1* buy) all for the same quantity. That way the transaction would be completed all at the same time

Is there a trading platform that allows you to do this?

All inside a second. One looks like a reversal. That could only be computer generated so no fat fingers operating there. Very strange

Indeed, Aj fess up

well the SP is slow to react . Maybe AC is giving us long suffering shareholders some advance indication of whats to follow, so time for AJ and others (including me ) to average down ;-). Becasue when it blows you wont get the opportunity

All IMO of course and DYOR

2.8 p - somebody lost patience

sarge123: they have this 180 tonne rig for a limited time. If there is preparatory work to be done, it should be timed to complete for when the rig arrives. Otherwise it will be sitting around doing nothing. And they are paying rental charges

That is basic planning. The A80 rig should be withdrawn and the 180 rig immediately mobilised to replace it. Preparatory work is limited in nature so it could be a weeks work. Maybe 10 days. Of course the preparatory work may hit a snag and throw the best laid plans out of whack

does that mean the rig arrives next Monday (October 22)?
It gives them a week to prepare for it

probably take another 6 months, so everybody can go back to sleep.

But you are right, we have passed the Concordia hump

They haven't pulled a rig off Z21 so I dont see where the problem is. Its been 6 months since z21 has had a rig on it. In the meantime they have been doing some serious thinking on the strategy (ok no laughs)

Z21 has thrown surprises in the past and could throw up some new nasty surprises. If you have been burned once you will be wary. This well - C37 is better documented. Hopefully they will get something better than 5 bopd out of it. ZENS total bopd production figures are rapidly becomeing a state secret and something needs to be done about it

Malcy is like a news aggregator. If you are already following ZEN he adds little value

"The Company believes it has adequately delineated a resource to design an open pit and generate a maiden JORC compliant resource estimate."

" When the Company entered into the Term Sheet agreement to acquire Star Zinc (31 August 2017), it undertook that on proven success it would provide ore feed for the Kabwe zinc project. An offtake agreement to this effect is under discussion and negotiation."

We have an open pit which what CH favours and we have a offtake agreement being discussed. What the terms of the offtake agreement will be interesting. Will ore be supplied on a run of the mine basis. Does JLP get the profits?

What are the CAPEX requirements since the order processing is done elsewhere. Just some big diggers and trucks? Only thing in GLRs favour is CB holds a chunk of shares so he would want a good deal as much as anybody

I get how the ESP pumps function. Isn't the problem high water cut.. So say they are pumping 50 bopd from C37, 45 bod is water / liquids.

had basically had a 6 month shutdown as far as any serious exploratory work . Shall we blame it on MP?

surprised AJ forgot to mention the 5 bopd loss of production as well ;-)

johnym
thats a good point. These pumps cant really function at these low flow rates

think ZEN issues an invitation to tender and the rig owner submits a tender

my point of reference is Concordia. The depths at SOLG are considerably greater . Some intercepts are at 300 metres. So no wonder the drilling is going the distance

IMO the debacle at Concordia was the result of some argy bargy between Shirley Hayes and CB and CB decided to walk