Zoltav Resources Share Discussion Threads

[shambaby] 02/11/2017 10:58

Overhang looks cleared from seller

[bernieboy] 02/11/2017 09:51

There's the big half a mill of sells that bought us down to these levels. Hopefully that's it and any further buying will take us back well into two figures...

[nick rubens] 02/11/2017 08:33

In the last update they said production ahead to drop 20-35% after unsuccessful side track drill and they suspended any further drilling.

They are going to be embark on some more reliable 3d seismic during 2018 and not drill until that shows them with agreater certainty.

They have cash at end of June of $5.89m. They also have $28m debt.

They have two main shareholders owning over 80%, so if they wanted to delist it jsut needs both of them to agree.

Could be a buy opp for the brave. That's the market for you.

Something about Russian Oil the market doesn't like, just look at CAD and UEN, both seem cheap too.

[paperclip3] 02/11/2017 08:32

0.5p spread. That's more like it!

[bernieboy] 02/11/2017 08:31

Yeah maybe they are expecting some action finally. share price movement certainly suggests so

[tomboyb] 02/11/2017 08:20

I was wondering why the share price was so low -

Initially perhaps delisting -

But a new Market Maker suggests not -

[paperclip3] 02/11/2017 08:08

Looks like there is a new market maker

[bsg] 01/11/2017 17:48

12bn, that's the pot calling the kettle black. I'm just a glass half empty person.

[grannyboy] 01/11/2017 10:40

"i don't know what to make of the new broker, they have done nothing since they joined?"

Well the BOD hasn't exactly set the oil world on fire, with lackadasicle news updates and 'nothing to get excited about forward plans'...

[thaisi] 01/11/2017 10:01

26 Sep 16 Panmure Gordon Buy 6.00 65.00 55.00 Retains
07 Dec 15 Panmure Gordon Buy 6.00 65.00 65.00 Reiterates
27 Nov 15 Panmure Gordon Buy 6.00 - 65.00 Reiterates
29 Sep 15 Panmure Gordon Buy 6.00 70.00 70.00 Reiterates
17 Jul 15 Panmure Gordon Buy 6.00 - 70.00 Initiates/Starts

Panamanure Gordung have to be full it with these recomendations wonder what they will come up with next...?

[brad44] 01/11/2017 09:49

Yes Bernie, good idea. i dont know what to make of the new broker, they have done nothing since they joined? wtf?? just hope this pans out well for us Bernie

[bernieboy] 01/11/2017 09:33

I will send an email to investor relations again later to ask why they haven't at least put out a 'we know of no reason' RNS........

[bernieboy] 01/11/2017 09:31

Nice one Brad! So you me and paperclip ever the optimists have all topped up. Only need the rest of the market to wake up now!

[paperclip3] 01/11/2017 09:27

At current levels, it might make sense for the company to use some of its cash to buy back shares!

[brad44] 01/11/2017 09:18

well thats me in for my last purchase...time will tell if wise or not. i wish the new broker would at least do something!!!

[12bn] 01/11/2017 08:10

TROLL ALLERT.......bsg........ he is negative in every post!////////bsg - 31 Oct 2017 - 18:14:42 - 3279 of 3286 Thor Mining one to watch - THR
There will be lots more dilution to come.
bsg - 31 Oct 2017 - 18:12:05 - 97 of 98 Kodal Minerals - Exciting Lithium Play - KOD
0.1 looks likely to me in the short term. Then what, who knows.
bsg - 27 Oct 2017 - 16:58:47 - 1194 of 1206 Zoltav Resources Inc supported by ARA Capital Limited - ZOL
This price is looking very tempting, with a one pence spread to boot. Trouble is I expect the bid to drop to 5p soon.
bsg - 01 Oct 2017 - 06:09:56 - 910 of 1811 Columbus Energy Resources PLC - CERP
Oil will never get to $100 again IMO.
bsg - 26 Sep 2017 - 19:49:14 - 609 of 618 Sunrise Resources 2017 at 0.12p - SRES
... more like 0.12 placing on its way.
bsg - 26 Sep 2017 - 19:24:28 - 1153 of 1206 Zoltav Resources Inc supported by ARA Capital Limited - ZOL
Too small and declining production plus lack of prospects does not bode well IMO. I wont buy any more. Bottom draw now. Bloody shame if you ask me.
bsg - 16 Sep 2017 - 07:44:23 - 3154 of 3286 Thor Mining one to watch - THR
What, three more years of dilution and drilling holes. That's whats THR good at.
bsg - 14 Sep 2017 - 14:08:12 - 1401 of 2152 Caspian Sunrise - CASP
Maybe a seller about. Bad!

[bernieboy] 31/10/2017 18:33

Thanks for your concern though!

[bernieboy] 31/10/2017 18:33

Having said that it will be my last lot and it was only a grand worth after all. The thing is it won't take much of an announcement to send it back over 16p within a few trading sessions.....

[bernieboy] 31/10/2017 18:30

Thaisi maybe, maybe not. Nothing is wrong as far as I can see except no buyers. There hasn't been much selling to be honest. It's essentially the same company that I invested in at 157. So why wouldn't I average down (again)?

[thaisi] 31/10/2017 17:16

Bernie mate your still buying when there is clearly something wrong here???

[t 34] 31/10/2017 15:30

Something really wrong with conventional value theory.

[paperclip3] 31/10/2017 14:33

net profits of $1.2 million in first half. $6million in the bank. Assets worth large. Market cap of £8 million. I give up; perhaps someone else can work it out.

[nick rubens] 31/10/2017 10:27

I haven't followed this company much in the past, but I do know they raised alot of money to buy assets in 2014.

I'm a little suspicious as to who 'sold' the assets and are the vendors linked to the board or Major shareholders in any way?

Anyone know the history here? Cheers NR

[adamnw] 30/10/2017 22:14

Fark me!POO heading to $60, and a company that, according to the top post, is producing. So what on earth is going on. You would have thought that failure of one of their companies would not be a subject for discussion at the Abramovich dinner table. What are the collusion theories?