Hi! Would you like to introduce yourself? Is this your first post here? Uk based? I am a relatively new shareholder. My general opinion is that the company has a horrific track record, but that the market cap is so low that any positive news could give a significant boost to the shareprice. Having said that, I am not too happy about the company being put on the special observations list, and therefore creating so much speculation that they have to suspend the trading. Some people speculate in zenith having a negative equity if Tilapia II is not granted. Do you have an opinion on that?

Hvor mange aksjer har du egentlig?
Hadde 4 mill når den lå til 7,5 øre.
Har du tatt noen mill aksjer på hvert øre nedover for å snitte ned?🤔 Evig fortapt.

Tror jaggu jeg skal anbefale deg en god psykolog jeg.....🙃 Tror du skal slutte å bry deg om andre og heller tenke på deg selv😎 Ser du selv hva du lesser av deg? Du dummer deg loddrett ut. 30 innlegg på 2 dager med hakk i platen.🤣

Alt over 0kr her må dere se på som gevinst. Får dere 1 øre for noe som er verdt 0 øre er det bare å selge

Termination of LOI

November 10, 2020

ZENITH ENERGY LTD.

("Zenith" or the "Company")

Termination of LOI

Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE: ZENA-ME), the listed international oil & gas production company focused on pursuing African development opportunities, announces that it has terminated the non-binding Letter of Intent (“LOI”) with a consortium of Arab investors first announced to the market on March 31, 2020. For reference, an extension of the duration of the LOI was announced to the market on August 7, 2020.

The LOI was conditional on a number of conditions, including the successful completion of the acquisition from KUFPEC of its 22.5% working interest in the North Kairouan permit and the Sidi El Kilani Concession the Republic of Tunisia (the “Tunisian Acquisition”) upon the receipt of local regulatory approval, as well as the successful acquisition of two oil production licenses being negotiated with a national oil authority in West Africa (as announced by regulatory announcement on March 12, 2020).

The Company is pleased to confirm that progress is being made in relation to both of these transactions and that it expects to update the market in due course.

Andrea Cattaneo, Chief Executive Officer, commented:

“As per our announcements, we have a number of potential near-term catalysts for shareholder value creation as a result of our African acquisition activities.

In view of the length of time that has elapsed since the Company entered into the non-binding LOI, as well as the aforementioned near-term progress that might be achieved, we have elected to terminate the LOI.

We have maintained good relations with the consortium of investors, and we may resume negotiations as we deliver on our African development campaign.”

Da ble det ikke noe av 0,33 pr.aksje da😅

Dette selskapet har bare en ledelse som er flink å prate..er mitt inntrykk. Minner om gamle TSU. Kjøp heller PEN vist en ønsker å satse penger på Tunisia.

Spørsmålet til TS er fremdeles aktuelt. Dette må være aksjen fra helvete. Den er en sikker måte å bli kvitt sparepengene. Sakte, men sikkert.