Zoltav Res Share Chat (ZOL)

Russia to review oil export tax breaks.
7 days ago, they announced a review of decreasing the tax on exporting oil from remote regions.
That's us.

RPO doing what you said it would.

RNS

http://www.investegate.co.uk/zoltav-resources-inc/zol/director-s-declaration/201305021245048819D/?fe=1&utm_source=FE%20Investegate%20Alerts&utm_medium=Email&utm_content=Announcement%20Alert%20Mail&utm_campaign=Zoltav%20Resources%20Inc%20Alert

until the circular and the CPR is published, it is hard to guage what value to put on ZOL...but what i can confidently predict is a whole batch of new faces saying zol is worth less then x,y,z

A recent article i posted quoted a source saying RA is looking to get back into the Oil business,Question is how - answer is via Zoltav

"Agreement signed with ARA Capital Limited ("ARA Capital"), the Company's largest shareholder, giving Zoltav the right to call US$20 million (approximately GBP13.4 million) of working capital to help fund work programme on the Koltogor Licence by way of a subscription for new Zoltav shares at 3.5 pence per share conditional upon completion of the acquisition of CenGeo."

Now on paper we all know ARA capital is owned by A jnr - so can someone explain to me how a kid whose studying at uni happens to have $20m in his piggy bank. along with the recent loans he gave to ZOL, will his answer its A snrs money:)

the point about the extra shares to be issued, makes no difference in terms of dilution as:

"ARA Capital will own 45 per cent. of the enlarged issued share capital of Zoltav and Mr Bukhtoyarov, through his company Bandbear, will own 29.1 per cent."

thats 75% of all the shares plus you have MNT and the directors holding....i doubt these holders are in need to sell anytime soon...its not like two of the Russias/worlds richest men are in short of funds.

Well I hope you are right and I hope the price does drop, because if it does, it will mean that I will be able to wade in and take out an even bigger position! Personally, I think its just northward for this especially with the names associated with it. It is going to be very interesting though, to see what happens in the near future and I do agree that there could be some wild swings with the sp.

I agree too, the holders here have been very patient, hope they get a good
price to top slice and tuck away.

potential here could be massive but just think that you won't see the sp opening any higher than where it is now and could drop as this venture is going to take time to even get to knowing what the potential is and those that don't want to hold for a couple of years will sell out on open. For those in longer term, rewards could be huge and I will look to take a bit at the right price

Wish I was one of them with all those recently granted 1p options

Your post made me feel better, however I think you are very wrong.
Not one to be able to value this-who is-however as Charlis says when
trading resumes this will get interesting. Can easily see a rush of profit
taking and big positions taken. Lets see actual details first. GL All.