RE: Re:Sanctions1 Aug 2017 14:36
Bs, Indeed, it was interesting to note that some weeks back, the following was quoted by Life.RU, with the suggested potential valuation just for Koltogor,...GL S
Excuse the rubbish translation...
"Taking into account the fall in the cost of oil, the sale of gas no longer yields those incomes that were still in 2015, Barclays analyst Michael Cohen notes in a conversation with Life. According to his estimate, taking into account the increased reserves and good infrastructure of deposits, the value of the entire group can reach $ 450-500 million. Note that the purchase of a license for the site once cost Abramovich $ 26 million."
"It is likely that if Abramovich succeeds in attracting an investor, then it will be a question of parity development. In other words, the value of the share put up for sale can reach $ 200-250 million, which is very good money under the current conditions, "analyst Michael Cohen told Life."
"However, the company itself does not say whether it is negotiating with anyone for sale. Previously familiar with the plans Zoltav sources told Life, that the company shows interest in Chinese investors. But Zoltav's spokesman Tom Kean denied talks. With the representative of the oil company could not be contacted."