Voltalia Ord Shs VLTAF

Voltalia SA is a France-based holding company engaged in the renewable utilities sector. It designs, develops and operates electric power stations in numerous countries, such as France, French Guyana, Brazil, Greece and Morocco. The Company generates electricity using a variety of renewable energy sources. These include wind, water, biomass and solar power. In addition, Voltalia SA specializes in carbon credit trading activities. The Company operates several subsidiaries, including Anelia and Bio-Bar in France, Voltalia Guyane, SIG Kourou, SIG Mana and SIG Cacao in French Guyana, Voltalia Energia do Brasil in Brazil, Thegero in Greece and Alterrya Maroc in Morocco, among others. The Company is owned by Voltalia Investissement SA.

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Voltalia Ord Shs > Up 95 per cent today

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Comment by jdn55on Oct 28, 2013 10:48am

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RE:RE:Up 95 per cent today

I know this is a tough one for BP to swallow but you guys did get a break today with this takeover offer. VTR was in a very tough position as they just didn't have the cash to re-define Kiaka into a viable project in this new gold price environment. VTR shareholders have probably lost the opportunity for a 5 bagger but you probably have a shot at a double from here if you're patient and hang in. BTO are good operators. You also have liquidity if you want to jump ship.

From a more macro point of view it shows there is still a wee bit of a pulse in the WA gold mining sector. We need a few more of these deals to spark some speculative interest in other developers.

GLTA

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