Member Info for blackrocktrader

safe bet on oil industry would be a tight up with Saudi Aramco for Zoltav as only Saudi can drive the price of oil to $10 and still see in it " economic " sense . This " economic " sense will be hedged by listing of Aramco which can be valued in trillions dollars and this money will finance the war of attrition where whole world oil industry can be annihilated.

companies like Ruspetro and premier Oil have been brutally marked down today .

be bets and prays first of all .

GVC could be a takeover target ???!!! We do not want that . And Ken already mentioned couple of months ago that in 6 months time GVC will be looking for new targets . Gvc wants to be the predator rather then a prey .

oil price is not on the side of any deal .

they probably have an eye on some assets in Russia

It is obvious that this crisis is orchestrated but the question is how zol will find itself in this environment ???????????

there is any future for oil company in the nearest time . Saudis with their foreign reserve above 600 bln $ can run this war of attrition for even a decade , then there is Iran coming with there oil next year and they want to pump at max. , some big money started leaving shares in Shell and BG as their deal makes little sense at such low oil prices , they need oil price closer to 60$ to make it economically sensible . Zol is looking for acquisition but with low prices for long time can be left with costly assets for some time before they will become profitable .

can you post link , please .

Where did you get this up-grade from ????

This week Investors Chronicle state that the divi can be reinstated earlier .

is that true ????

what big trade ???? Cancelled ???

must be something in the pipeline , or one of big investors is leaving ?????

today , on no volume ???????

Couple of months ago they hired one , very well known financial institution to advice them on cuts in their budget and state finances .

nothing wrong with zol but the price of its main product has been halved .

I have no idea . Abramovich invested millions here and does not want to lose , however for him it still a small change . Price of oil looks like is to stay low unless something dramatic will happen . They mention main listing in two years in April but the same two years they indicated in Sep ( ?????) rns . Buy out buy management might happen and de-listing , some Russian companies opted for this route : Polyus Gold , Ularkali , EuroAsian drilling ( ???? not sure about spelling ).

these guys should show , sooner better , that they are up to something .

doggy post .