Men du er tilbake igjen😊

When is question about acquisitions of Zenith sparsely I'm thinking about Kazak..Even the thinks like it seems its going in the same pattern as before its not exactly true.I think is just delay and nothing else. Universe newer don't repeat the same BS twice in the same pattern ore way ( I´m thinking about TP2 and Kazak.). It's just delay. Don't forget that AC and LB bout sum million of shares in march if I´m not mistaken. According to investment rulles thous who have inside information about company futer development which will influence share price in any way : it means up ore down they can't bye ore sale in this case bye. It haw to go at least 3 months from the day AC and LB bout the shares and the investors news about Kazakhstan

Just a reminder we have several arbitration proceedings against the Republic of Tunisia and ETAP (Entreprise Tunisienne d'Activités Pétrolières), focusing on disputes over contractual obligations and damages related to their oil production and development activities in Tunisia.

ICSID Arbitration: Zenith Energy and its subsidiaries have filed a claim under the ICSID Convention rules, seeking at least $48 million in damages. The claim alleges that Tunisia engaged in unreasonable obstructions affecting their Sidi El Kilani and Ezzaouia concessions. The arbitration process is ongoing, with significant steps taken, including procedural orders issued earlier in 2024​​.

ICC Arbitration (ETAP): This arbitration involves a claim of approximately $7.5 million, initiated due to ETAP's failure to comply with payment obligations for oil produced and sold by Zenith’s subsidiary. The Arbitral Tribunal has rejected ETAP’s request to include Tunisia as a co-defendant and has ordered ETAP to pay legal costs. A decision is expected by the end of 2024​​.

ICC Arbitration (SLK Concession): Zenith's claim here amounts to $85.8 million, covering damages from lost production revenue due to obstructions by Tunisian authorities. This arbitration is also ongoing, and Zenith has appointed renowned legal counsel to support their case​​.

The outcomes of these arbitrations are anticipated to be either a favorable award to Zenith or an amicable settlement, as per the company's assessments and legal advice received​. I personally believe zenith will retrieved half of the $150m owed and with the first arbitration proceed to fund the Kazakhstan and USA assets which will start bringing value to the company.

Hva skjer om Tunisia blir dømt, men lar være å betale? Det virker jo som at de gir fullstendig F i internasjonale regler.

Velkommen tilbake Aqua. Kos deg med øl, Tuborg regner jeg med :)

That’s impossible, the Tunisians have already been fined for not adhering to schedules in the court case. My guess is this will be settled out of court or the Tunisians will have to pay a very hefty legal bill. Also the top 3 legal firm would not take this case on unless there was a big financial reward for them.

Then we do wot we know the best: Block bank account ´s until they haw paid debts.

If the arbitration is found in Zenith's favour but Tunisia fails to pay then I think that they will find a specialist fund who will advance them some of the money awarded and enforce the payment themselves through legal means. Rockhopper Exploration did a similar thing with two different funders relating to their €190 million dispute with Italy. Obviously this means that the funder takes a share of the money received (I have no idea how much) but it does allow significant cash-flow into the company straight away from the funder.

Details on the Rockhopper arrangement can be seen here: https://www.legalfutures.co.uk/latest-news/third-party-funder-paid-e26m-for-backing-disputed-arbitration-award

hva forventer vi i morgen, hvor mye minus 2 kvartal - 40 til 60 mill, som vanlig ? adm og rente kostnader

satser og har købt 10 % flere aktier

Adm øker jo med alle juriustene de ansetter. Nå tar du litt hard i med 40-60 mill på et kvartal.

minus - 70 mill i 1 kvatal

minus - 167 mill siste 12 mnd

Tror det finnes flere muligheter. ICSID kan ikke tvinge Tunisia til å betale, det har de ikke mandat / autoritet til. De kan heller ikke beordre arrest i midler e.l. Hvis Tunisia ikke betaler må Zenith enten inngå forlik eller innlede privat rettsak mot Tunisia. Zenith kan da benytte det som kalles Litigation Funding / Financing, at en tredje part finansierer / forskutterer kostnadene med rettsaken. Denne tredje parten kan også påta seg å føre saken, det finnes selskaper som driver med dette. Om noen av advokatfirmaene Zenith benytter i dag driver med dette har jeg ikke undersøkt, det hadde kanskje vært det beste så slapp man nye advokater, det ville nok spart både tid og penger. Slike avtaler kan også gjøres under en no cure pay avtale mener jeg, saksavhengig selvsagt, men en klar / overbevisende ICSID dom i Zeniths favør vil nok ansees som en god og kredittverdig sak. Zenith kan også selge i hvert fall deler av kravet til en tredje part for å få inn penger som MarketGunsling nevner. Om de kan selge hele kravet er jeg usikker på, men det er kanskje mulig, da kunne Zenith avsluttet dette og kommet seg videre. Tiden vil gå, alle involverte skal ha sin andel, ikke minst advokatene, og kanskje Tunisia kan anke saken videre hvis de taper en privat rettsak, at de vil prøve å trenere sakene lengst mulig, utmattelsestaktikk. Vi får håpe Zenith får tilkjent fulle saksomkostninger + renter på alle beløp også, det vil hjelpe godt på. Blir fort mye penger av renters rente når beløpene er store. Får Zenith tilkjent fulle saksomskostninger også blir det enda mer penger igjen til selskapet, samlede saksomkostninger kan bli ganske store beløp.

med andre ord det vil ta flere år til !!! då får vi vente på nye aksjeutvidelser om ikke det kommer mer inntekter en utgifter

MG even 50% of $150m is over 10 times of our current market cap.

Det vett vi alle, men hjelper ikke om firma tappes i flere år til = konkurs eller mer aksjeutvidele