Saturday May 27, 2017
Speaking to the police about abuse at Warwick School 40 years ago - it gets so much worse
The Graph that shouts: Wales & Northern Ireland your time is up - bugger off & take Scotland with you
Photo Article: Ways to annoy the Mrs No 34: putting up a Tory election poster In Bristol East, then Greece

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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