I am more of an investor so I can let the market rise or fall - I am not fully loaded here and showing a profit of 15% - so I am ok for now - but not buying more until licence fully granted - take another slice a week later - and again each step forward - but I at about 80% of what I need here - I found out the delay is because the previous owners never came back - the authorities decided to give them two more weeks !!!!! Bring back Franco
this is a siting asset with easily accessed resources , not a huge risk here, just a little annoying waiting for the easy going Spanish to get things together. Beautiful people but I really wish they moved faster,
Don't buy without doing your own research and taking professional advice - my post below ended with the words 'buy' I was trying to start a by the way line !!! But I do think this is a good share and I'm not selling just yet - GLA
These guys are edging towards compulsory bid 30% of share cap level . Maybe that's why it's an assets manager being used so as NOT to trigger or perhaps it's to fly under the radar and buy more positions . Allow me to speculate - Natlata could sell their assumed 20 something percent to a major Russian giant who could then make a bid for the entire firm ! It's a complete speculation from me but I really sense something is up and it's good . Gazprom are now partners with Oil India - here's a nice JV for them . Or a Gazprom oil Subsidiary most likely. Buy
I think that we are seeing a Russian based investor building a stake - a potential takeover ? If that's Natlata they will have some 23% plus now - pushing toward the magical 30% takeover bid ! If it's not them it's most likely a Russian investor that will vote with them anyway . These guys are not going to sit like lambs on 23% and growing -
A private wealth management firm HQ in Switzerland and offices in Moscow and Italy .- my guess it's a Moscow buyer - could be a Natlata linked firm. Smart move if so .