Zoltav Resources Share Discussion Threads

[paperclip3] 19/10/2021 08:43

I think something that may have been lost in the RNS of 4 October was the following: "it may be challenging for the Company to maintain its licence obligations with regards to the Koltogor Licences" So, are these about to be sold? Given the current oil price, the licences must have decent value.

[the book of wisdom] 15/10/2021 15:53

Some brave buyers!

[the book of wisdom] 14/10/2021 14:48

Who knows…and today they are marking up de price after a 4000 sell !!!

[cyprusdave] 13/10/2021 13:53

Have they got a large order to fill from Zoltav?

[the book of wisdom] 12/10/2021 09:22

Mostly buys yesterday. Yet the Mm’s marked down the price most of the day. Weird…or manipulation?

[the book of wisdom] 11/10/2021 16:58

Indeed. Good to see!

[paperclip3] 11/10/2021 16:17

And the buyers emerge!

[the book of wisdom] 11/10/2021 11:53

It has not looked good for quite some time…despite P3 optimism. Having sais that, I hope his analysis is correct!

[the book of wisdom] 11/10/2021 11:51

Only buys it seems and yet price marked done big time. Another bad news round the corner or a seller in the background?

[bsg] 11/10/2021 11:50

Not looking good at the mo.

[paperclip3] 07/10/2021 10:00

The next month or two could be interesting.

[paperclip3] 06/10/2021 14:59

The company is actually now in great shape. It is sitting on a pile of oil (Koltogor) and, given the current oil price, it's got to be very valuable. Zoltav is a gas producer, and the gas price is through the roof. Zoltav has huge gas potential - the unexploited Eastern fields. Now it has agreed the finance to develop them. Now might be a good time for an oil major to put in a cheeky bid for the company, and with Mr. A's right to covert his debt at 27p, he might find this a tempting option .

[the book of wisdom] 06/10/2021 14:44

Then we might have two scenarios. Best case scenario: a take out from a major Russian oil Co according to P3. Worst case scenario: tender offer to buy the remaining shares. But at what price? I do not see them offering much more than 30p given the current (and bad) situation

[t 34] 05/10/2021 09:51

Even with 100% premium offer for buy-out outstanding shares will not compensate the long term suffering shareholders .

[cyprusdave] 05/10/2021 09:42

They may tender an offer to come off AIM, it’s all about at what price. hxxps://www.investopedia.com/ask/answers/05/publictoprivate.asp

[paperclip3] 05/10/2021 08:30

Energy prices seem to be hitting multi year highs again. The Zoltav assets (including the oil) must be very valuable. The financing is in place to develop the gas fields over the next decade (which gives huge certainty to the prospective value of the asset). Mr. Abramovich is about to exercise his option to convert debt at 27p per share. Could it be that a Russian major makes a bid for Zoltav later in the year? It would work well for Mr A; it could also work very well for shareholders!?

[t 34] 04/10/2021 16:49

In case of delisting what we can do with our shares ????

[the book of wisdom] 04/10/2021 15:15

The issue of the delisting is my big worry

[cyprusdave] 04/10/2021 14:12

They will be unlisted from AIM shortly, once diluted by shares in payment of loan at 27p. Question is where do the funds come to buyout existing ff holders, or do we now become shareholders in co with no trading liquidity. Really annoyed they have not published the results of the survey that enabled the bank loans, this would scale expected output and should then be reflected in the share price (or maybe that’s exactly what they want to do) Only thoughts, not facts….

[the book of wisdom] 04/10/2021 12:07

Well Cyprus, all pretty unclear to me….

[cyprusdave] 04/10/2021 09:56

Feels like they know exactly what they are going to do but are not executing it yet. There has to be a full plan behind the announcement, it would not have signed the loan agreement without it

[paperclip3] 04/10/2021 09:20

Perhaps you should ramp your share somewhere else