Voltalia Ord Shs VLTAF

All the PPs

[gold_diggers1]

Looking back at the PPs since end of 2009, the only batch that make money in this deal is the one in Oct 2009 25mil shares at $0.33 (for $8mil).   All subsequent ones 6.5mil shares at $0.74 (for $4.7mil, March 2010, IFC, Rangold), 22mil shares at $1.55 (for $35mil, June 2010), 21mil shares at $1.90 (for $40mil August 2011) all going down the tube in one form or another..... Total shares in these PPs is 75mil shares.   So, there must be some other PPs and/or arrangements before end of 2009 for VTR has 155 mil shares O/S.
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All you get back from the BTO deal is valued at $68mil in total for all the work and money spent......  What a shame....
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Who are the beneficiaries in the life of VTR?   
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[ALLEN4]

Thanks, thats helpful to see all the PPs set out in one place.  It seems that what we would need is a quadruple from 40 cents to put all the PPs in the green (ie. VTR share price of $1.60).  Translate that to the BTO share price and a quadruple means $11.48.  Entirely achieveable I believe once the value in Kiaka is unlocked and assuming a better gold sector environment in the