Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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minister has let the cat out of the bag. Massive find?
Zoltav, the CIS-focused oil and gas company, notes reports in Russian media sources today regarding the registration, by the Russian State Reserve Commission ("GKZ"), of an oil discovery made within Zoltav's Koltogor 10 Exploration Licence ("Koltogor 10") in the Khantiy-Mansisk Autonomous Okrug. As stated in the Operational Update announcement dated 8 May 2014, and in the AIM Admission Document dated 23 May 2014, the Company re-opened Well 103 on Koltogor 10 during the winter drilling season with multiple objectives including to test the Upper Jurassic Ju1-1 horizon in the same formation as the Company's neighbouring Koltogor Exploration and Production Licence. The well flowed 3.4 cubic metres of oil per day (approximately 21 barrels) from the Upper Jurassic formation without stimulation. The Company announced on 8 May 2014, and stated in the AIM Admission Document on 23 May 2014, that it would apply to GKZ to register this discovery during 2014. An application has been made by the Company to GKZ, but formal registration of the discovery has not yet occurred. Notwithstanding this, comments were published earlier today by the Minister of Natural Resources and Environment of the Russian Federation which referenced a discovery on Koltogor 10 in the amount of approximately 15 million tonnes of oil (C1+C2 reserves). A further announcement will be made if and when the discovery is formally registered.
21boe from #103... Does that mean that it will have to be stimulated??? It is a let down, I thought it something else...
We knew something was in the pipeline after todays activity....anybody make any sense of it....good news I think ?
Already broke through first level. second level 197.3 directors options due date 2017 In for longer term but still worth holding onto if you can
"This will prove to be one of the outstanding shares of the next 18 months. Great value if you can pick them up at around £1.25" Only a matter of time before they go beyond £2. Not a share for day traders as the share is highly illiquid. But a share for medium / long term investment . This of course will result in an even smaller free float. But see what is said at the agm on 17th June. Still good value at current levels
Well done guys! Patience paid out finally :) Had a wrong view on this one.
Any sells are brought back almost straight away....back up again folks....
What with the suspension and all the hype and shares not jumping up initially. I personally am keeping holding of mine for dear life! Who knows where this is going? But with so little in public domain, mine are staying in the bottom drawer
No Deal completed until the agm rubber stamp. That shouldn't be a problem, then we will be singing. Don't forget he wants to be bigger than dad.
I'm about the same. Just over 40% up but I'm not selling. I can afford to sit tight and hold onto these beauties for some time yet. Those sells will soon get brought up. Remember there's not much free float here.
Somewhat surprised that some are selling - although saying that just since we came back that would almost be a 40% gain in any case, although no doubt a bit of regret from that seller today looking at the price. i have no intention of selling, just gives me a good feeling watching the price tick up nicely each day,
somebody dumped 10,000 of these at 140 at 11.04am yesterday....explains why there were some free shares this morning then...
there you go. Still somebody will snap those up sharpish I would imagine...
Not another suspension...couldn't take another wait that long again...! I'd imagine a few sells now just because there's always profit takers....
relentless - either someone badly wanting to accumulate or something tasty on the horizon (would rather not another suspension though.....)
GLA
I would think it's the % wise free float to be honest but you never know.....
Really motoring up now. Quite happy to see a 7.5% spread on this as well, hopefully keeps the day traders at bay. Would seem something happening or perhaps just so few shares (% wise) in free float that we are apt to move up quickly
News coming guys ? Where are you all.......
As I post this. Looking good here.....
Must say I like the way this share is slowly edging upwards.....
Yeah something like that, was so long ago. Dropped to next to nothing when Crosby went to sleep but there was no point selling at nothing. Interesting surprise when the Russians got involved and everything changed.. Dealing account just shows the consolidated value and 350% up. Not a huge amount, but long term holder still holding.
does that mean you paid 1.6p in crosby days if so clever boy!
Oh, some life in this one again? So out of touch, need to read up on what's going on. Anyone care to summarise? Long term holder (actually from the old Crosby Capital days before it became Zol). Got a small holding at 32p post-consolidation.