Zoltav Resources Share Discussion Threads

[t 34] 29/3/2021 19:32

The book of wisdom
I can not explain but looks undervalued .

[waldof] 29/3/2021 16:02

...and worse i fear is to come....even if he converts the loan at 20+p where is the money going to come from to develop the assets.
I still hold a few but ditched a lot a few weeks back....perhaps should have ditched them all.
They care not a jot for the shareholders......now why did 'they' get this reputation.....?

[the book of wisdom] 29/3/2021 14:17

T34, you are right but how do you explain today’s valuation then?

Waldof, you have a point I am afraid....

[waldof] 18/3/2021 14:07

Begs the question......no one trusts them.....shafted Banbear...used the quote to suck them in...and they lost a packet.

I hold but am not hopeful.

Of course they were £1.50+ in 2013....

[t 34] 18/3/2021 08:57

Zol displays the valuation of its assets on website .The valuation was done in 2014. It is like 10x to 15x current MCap .

[waldof] 17/3/2021 08:29

The question is at what price he (RA) will convert the loan into shares - it will not be a big price, although of course the higher the price the more his holding will be worth.
I am not hopeful in the least, they crae little for pi's.
Note in their RNS's they have NEVER used the shareholder value phrase and are as cold as ice.

[the book of wisdom] 16/3/2021 17:42

Hope it is only a question of timing😉

[cyprusdave] 16/3/2021 14:15

Hope so P3, definitely only a question of timing, not if 😊

[paperclip3] 16/3/2021 13:46

Could be CyprusD, but I don't think ARA Capital have agreed to buy all Bandbear's shares for fun. They must have got the nod that capital was available for the development of the project.

[cyprusdave] 16/3/2021 13:10

I agree and hope P3, but they might just kick the can down the road yet again and extend loan

[paperclip3] 16/3/2021 09:51

At the end of 2020 ARA Capital extended its interest free loan until the end of March. Now that the company has been tidied up (share purchase from Bandbear) I shouldn't be surprised if we get a decent announcement re the future of the company in the next two weeks.

[t 34] 13/3/2021 11:35

What is the problem with bandbear ???

[paperclip3] 11/3/2021 13:13

Maybe Cyprusdave.

[cyprusdave] 10/3/2021 13:20

Another situation may be that the banks won’t loan with Bandbear involved or with big holding, but will once signed across to A?

[paperclip3] 10/3/2021 09:27

You may or may not be correct Waldof. However, Jr. is still a young man and his reputation in London/New York (in respect of any future activities) may be of importance to him.

[waldof] 09/3/2021 18:40

Trouble is the lad and dad stitched up Bandbear like a kipper, whom would trust them again?

I hhold - far too many as well - i do not see the ZOL story ending well.....and at best around these levels.

[t 34] 09/3/2021 18:04

Good to know that a lot is going on behind the curtain . Will this politics benefit ordinary shareholders ?

[cyprusdave] 09/3/2021 17:00

Looks like Bandbear consolidating holdings to single vehicle for sale as previously notified

[the book of wisdom] 08/3/2021 12:09

...and let’s see the share price at £3.5 and not 35p....

[the book of wisdom] 08/3/2021 12:00

Patient still alive! And indeed good news on the oil prices front. Now let’s hope that OPEC maintain their quotas....

[cyprusdave] 08/3/2021 11:03

And an ideal time to get funding for the next project, oh and release the numbers from the survey to support the investment

[paperclip3] 06/3/2021 15:40

Oil price knocking on the door of $70! Looks like young Mr. A. may have agreed to purchase his fellow oligarch's shares at an opportune time/price.

[paperclip3] 01/3/2021 11:43

No, he turned up mid-morning

[paperclip3] 01/3/2021 08:10

Have we lost a MM?

[the book of wisdom] 25/2/2021 11:23

Indeed P3, which should somehow put a “floor” under the share price But we want to see a bit more than that....