Zoltav Resources Share Discussion Threads

[waldof] 24/11/2017 10:41

With the recent volume they must be short of stock.
And there are only two ways they can get round that so one must expect a bit of both.

[paperclip3] 24/11/2017 10:29

Interesting, I bought shares this morning, printed an hour later as a sell. So don't believe the data!

[fillipe] 24/11/2017 10:15

Level 2,

Very tight....as usual.

Only showing totals of a mere 14,500 shrs on each side and those totals are split between 5 mm's.

At the ask the lowest is 17.5p and the highest 22p, as I type.

f

[fillipe] 24/11/2017 10:11

Recordz
24 Nov '17 - 09:20 - 1340 of 1342

Thanks Recordz.

I've been working off their website which shows;

SHAREHOLDER INFORMATION

Major Shareholders (3% or above)
Number of ordinary shares held Percentage of issued share capital
ARA Capital Limited 56,243,076 39.62
Bandbear Limited 56,243,076 39.62
Crediton Invest Limited 6,353,568 4.48
Erlinad Holdings Limited 6,353,568 4.48

Morningstar shows the same.

Unless there is something more recent?

f

[recordz] 24/11/2017 10:09

This was 40p when the Oil price was $56.

[paperclip3] 24/11/2017 10:06

Brent at $63.60 as I write

[paperclip3] 24/11/2017 09:53

I believe you are correct waldof. With oil above $60 the Western Siberian oil fields could produce at quite a profit.

[waldof] 24/11/2017 09:30

Its all about the oil.
Not as obvious as it may seem.Currently ZOL gets all its revenue from gas - which it is obliged to sell internally and hence cannot get a good price.
That is going to change - they will exploit their oil reserves soonest and can sell that outside Russia.
This is encouraging the price , though i am sure there are other factors.

[recordz] 24/11/2017 09:20

29m free float roughly, if that.
It will move fairly quick if the buying continues,maybe.
Resistance at 18p then 40p.

[fillipe] 24/11/2017 09:06

Might the case here be....

So very few shsrs in free float here, which really means none of the ii's can look at this one and the few existing large holders are already full to the gunnels and probably can't buy more before they are over whatever % level.

Lots of pi's will be stranded with 2014 buys at 100p-150p and just sitting in hope and riding out the POO crash...me included.

All this meaning almost zero interest in the stock for a very, very long time - hence the steady trickle down the where we were around the 5p mark.

Collective thinking and the unseen hand is a great reality and after the int's 26-9-2017 a few felt there is mileage at ZOL and that collective thinking just brought about the start to a partial return to where we should be. Only a small step, so far.

Despite holding with a high cost I piled in sub-10p and will be holding firm for much greater days.

All fwiw,

f

[paperclip3] 24/11/2017 08:58

Still think a JV with one of its oil fields

[waldof] 24/11/2017 08:53

Must be something behind this............private at 50p?
Not that i would be over the moon at that but given last three years i suspect most would take that.

[bernieboy] 24/11/2017 08:51

Come on guys someone must know something. This looks like being the largest volume day for over 3 years.....

[bernieboy] 24/11/2017 08:40

Hi Lada indeed. But we have known that since above 100. Strange how the market values a share price at 180 one year and the same company in a better operational position at 5.75p a few years later.......

[lada_r] 24/11/2017 08:38

"I have it as assets just over 150m and liabilities just under 50m, not a big believer in formulas but if use NCAVPS - 150-50= 100m / 141000000 shares gives us value of 70p per share"

Fallen from200p

[bernieboy] 24/11/2017 08:26

So what's the deal here? Anyone seen or heard any rumours? Has it been tipped somewhere? Large volume last few days......

[bernieboy] 24/11/2017 08:12

Could be another interesting day ahead. They tried a little shake at the off only to be met with buys.....

[bernieboy] 23/11/2017 17:04

Typical - back over in UK in the pub all day and missed the big rise. On the bright side I had 6 out of 6 winners at Market Rasen. Off to Chelmsford race track now. Happy evening all Zol followers......

[mo2550] 23/11/2017 16:24

Sellers done! Tiny free float and looks like we have an upturn, any news and this could fly ...

[mo2550] 23/11/2017 15:24

Jv newsWill send this over 50p

[lada_r] 23/11/2017 15:05

This have something to do with it hxxps://rogtecmagazine.com/gazprom-neft-mipi-establish-bazhenov-fracturing-research-centre/

[waldof] 23/11/2017 14:15

It can walk the Pennine Way should it wish to.

[bernieboy] 23/11/2017 14:11

Seems to be out for walkies at the moment waldof!