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I have all my money in ZENA! 8mio shares!
Lykke til. Jeg har mistet helt troen på ZENA.
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Benin, Yemen, Tunisia are the uncertain cases. In addition to the slow and predictable in Italy.
How soon? Benin is likely to have a decision within the exclusivity period they negotiated. So 2 more months. No guarantee though, could easily be more bad news.
A larger privatevplacement for the subscription price of 0.067NOK! I have no clue how the market will react!
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Sjefen hamstrer…
Da er det nok store ting på trappene snart.
Zenith is once again on a track where they emit new shares to keep things going, I think the immediate reaction will be negative even if the discount is relatively small.
Andrea commented on the large institutional investor, but this was also in the announcement:
Debt Settlement The Company has allotted 12,500,000 Common Shares (“Debt Settlement Shares”) to a service provider in lieu of cash settlement for services provided to Zenith for a total value of £67,500.
I think the need to settle such a tiny amount with shares looks very bad.
Problemet er at AC og gjengen tømmer kassen med store lønninger og «høy post på andre kostnader.
15 min samtale med AC. Det har form som et imtervju, men er nok i regi Zenith. Kommentarer på Kongo, Jemen, og Italia.
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what do you think, how the market will react on the perspective of reverse split?
Completely inconsequential in my opinion. You can argue some small psychological change, but it should be entirely secondary to both macro movements and any news that may or may not come.
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the electricity production numbers for January and February are not so good! 
Volume (MWh) is comparable to previous months. The price is down from December, but they sell in the spot market I believe, so it should not be a surprise.
Look at the situation in Yemen – Houthis are controlling all oil ports on the Red Sea. How can one deliver oil in such conditions? Zenith has to make an agreement with Houthis?
Oppdater prospekt for gjeldsutstedelse:
Merk bl.a. oppdaterte risikofaktorer fra side 13, og beskrivelsen av finansierimg av noen aktiviteter fra side 38.
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Why does not Zena report this report to the stock exchange?
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This is a report to the credit note market (unsure about name).
It should not contain anything “new”, but it does contain a complete overall view which it would be hard to gather from stock exchange announcements alone.
F.ex Zenith sold more oil in 2022, even though they did not announce every lifting to market (just their first lifting). That’s not new, you could have inferred it from the fact that they announced the first lifting and published expected production volumes and did not publish negative news on production, but there was still doubt when they did not make announcements for the later sales.
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the timing of the sales is also good – they sold during high prices!
What do you think about this? I think that’s enormous risk!
It’s a huge risk for Yemen. It’s difficult to predict exactly how it would affect Zenith. If Z had production in Yemen already any closing of oil ports would be very negative. But in a world where OMV wants to get out, and Z is waiting for a signature such a crisis might push things into motion. I doubt Yemen could afford to have the oil sector stay on pause while all of its fisheries were dead. I realize that sounds extremely cynical, such a catastrophe would be terrible for the people of Yemen, but the outlook for Zenith is less obvious. I believe there would be anti-oil protests around the world after the spill, which could have very broad reaching effects in other countries and companies.
Hopefully we don’t have to find out. The UN plan should come into action as early as 2023H1. I think the news media are overplaying the immediacy of the risk, the ship has been there for 9 years. I trust the ship will be emptied before the spill happens.
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