Wednesday January 18, 2017
Today's mad Oxbridge academic in la la land is Wendy Ayres Bennett - time to learn Polish
The Drunken Sailor thrown overboard by political correctness in the Nursery
Photo Article: Things you don't say when visiting a Welsh coal mine

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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Zoltav Resources - The End is nigh ( and watch out Paternoster, Aurum & Evergreen)

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- Tom Winnifrith

For the most hideously overvalued company on AIM, Zoltav Resources (LSE:ZOL) the end is nigh. Today saw news that it has drawn down the second and final £250,000 tranche of a £500,000 loan facility made available by its largest shareholder. That suggests that net cash was down to pretty much sod all. And that makes for grim reading. Yet at 5.85p the company is valued at a quite unbelievable £22 million. This is a joke valuation.

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