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Honest
My old stockbroker by accident or choice still sends me his news letter. He notes several companies each week with start and target price. He highlighted ZOL and noted target price as Infinity. Made me chuckle. I will not be adding to my position at these low prices however as I like the balance of my portfolio and do not want to go over weight. Things could go over the top re Ukraine.
This is now reflected in price and could fall further in my view.
RT--ok----I to watch it for the other side of the coin, however they have a problem with retaining presenters due to ethics. I think I would like further confirmation, before i would rely on it. However that does not mean it may not be true.
Broad sheets have shown pictures purporting to be Typhoons escorting Russian SU's over the Baltic as part of a NATO "keep off the grass" display. No knowledge of Ukraine . I would like to know source of such reports from BRT.
What source?
Price is rising without apparent trades---Is somebody buying in the background. Are we going to get a big buy declared at the end of the day.
The real deal to me is about the petrodollar, having knifed the house of Saud and the Russian and Chinese De-dollarisation programmes in place, the yanks must be getting desperate.
Strange as we have had no announcement since the RNS on press reports.
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.
Kentz awarded 5 year engineering framework agreement for SAMREF in Saudi Arabia London, 21 November 2013 - Kentz Corporation Limited (LSE: KENZ), the holding company of the Kentz engineering and construction group, is pleased to announce the award of a five year framework contract for general engineering services on the SAMREF refinery in Saudi Arabia. SAMREF is a complex refinery which was formed for the development, construction, ownership and operation of crude oil refining facilities in Yanbu, Saudi Arabia. It is an equally owned joint venture between Saudi Aramco and Mobil Yanbu Refining Company Inc. (a wholly owned subsidiary of Exxon Mobil Corporation). Kentz, through its local subsidiary, Saudi Arabian Kentz Co. Ltd. will provide experienced and qualified design engineers, technicians, planners and support professions of different specialties and disciplines when required. The contract will be executed through the TSS business unit.
Is anybody going to bet this does not hit sub 30p. It does not look good.
YES