"The three key elements essential for successful operations in Russia, as above in order of importance, are in place for Zoltav, and things look set to start to gather forward momentum. There is a saying that when there is blood on the streets it is time to buy assets, and with Russia currently in the political wilderness, and Russian assets out of favour, we thing it is time for the brave to look at investing for the time when it changes. There is no better krysha in Russia than the Abramovich name, so title, tax and environmental issues that can dog some operators are unlikely to be an issue here, so the question is how long you have to wait to see a return; we believe it is a matter of when, not if."
Another false flag, from Germany this time. It's all part of the continuous anti Putin theme. Gas is becoming extremely favourable in the world markets and Zol is blessed with huge amounts. The cold is here.
I hope that isn't true limited about Putin - you can't believe anything anymore you see in Western media but it's worrying. When Arafat died I said right away the Zionists had got rid of an awkward cuss who fought for his people and didn't bend like the shower in the West Bank. Chavez in Venezuela was another example of a charismatic leader who stood up to the 'evil empire' and suddenly developed cancer. I wouldn't put ANYTHING past the bast***s who control America now, more's the pity.
Welcome back. Russia declares economic growth in September. USA won't like that, Germany economic growth, declined. NSA doing a grand job of controlling European leaders. European people, are the victims of what their elected officials have done, and have been found out out by the NSA to compromise their positions.
Well, last time I held ZOL was when they first listed and were nothing more than a cash shell. Now I'm back!
Just seems such a good deal. Abramovich's son is the biggest shareholder, I mean that in itself is almost worthy of literally blindly following. But no, we are actually also sat on a mine that was bought for $180mn (albeit some of that is paid for in debt) and is pumping out huge amounts of gas and oil. The investors that made that possible paid £1 per share so that's a pretty decent bargain compared to the big boys. Always a good sign.
I can't wait to see the figures in the next reporting period and look forward to hearing more news from the company :)
(at best 78p entry price after waiting all day for my 80p buy order to execute, which it never did)
More news to come soon. In it's maiden production, the Borotovoy licence produced $1.6 million in 13 days of production. Since then, production has increased. These continued, increased production figures, are being banged out at regular intervals.
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