Great news.But most people new Zol was solid and making money .Thought we would of had big news by the end of April this has a habit of moving mid June .good luck everyone.who wouldn't want to buy into this .Bargain.
Read Panmure Gordon & Co's note on ZOLTAV RESOURCES, out this morning, by visiting https://www.research-tree.com/company/KYG9895N1198 "Zoltav has reported better than expected FY15 results. Higher revenue YoY, boosted by a strong production performance, and lower unit costs combined to produce an operating profit of US$1.1m. The company reported its first positive EBITDA, of US$7.2m. Zoltav met its debt repayment obligations and now expects to have sufficient liquidity at least through the end of 2018; previous guidance was to the end of 2016. The immediate priorities remain to keep the Western Gas Plant, serving the Bortovoy licence, onshore Russia in the Saratov region, fully utilised and progress existing development opportunities while seeking accretive acquisition opportunities. We have updated our forecasts and maintain our ..."
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