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Yeah this thing is all over the boards, but one thing is for sure...it's movin on up!
Posts: 769 | From: Hotizona | Registered: Aug 2005
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From IHUB: Tuesday, June 06, 2006 Azerbaijan oil sales to yield $140bln at $50 per barrel BAKU, June 6 (RIA Novosti) - Azerbaijan will receive $140 billion from oil sales in the next few years if the price of oil averages $50 per barrel, the president of the oil-rich Caucasus republic said Tuesday. "According to international expert estimates, Azerbaijan will receive $140 billion profits in coming years at oil prices of $50 per barrel," Ilham Aliyev told an international oil exhibition in Baku. Aliyev said the financial resources would be used to boost Azerbaijan's development, and that the country's capabilities as a hydrocarbon exporter were rising. "With the commissioning of the Baku-Tbilisi-Ceyhan oil pipeline and the launch of the Baku-Tbilisi-Erzerum gas pipeline, Azerbaijan will turn into a significant oil and gas exporter," Aliyev said.
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Watch this I think it's gonna go boom! 2 mm's at .20 and 1 at .21 then no more mm's. Will expect they will be raising soon.
Posts: 293 | From: Virginia | Registered: Apr 2006
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Yeah, need a little move volume and interest, and this thing is gone with the wind. A timely PR would be nice.
Posts: 769 | From: Hotizona | Registered: Aug 2005
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From IHUB: Just spoke with Rick. He sounded very upbeat about things, but did not disclose much more than what was in the press release. He said to expect something within the next week on the symbol change and forward split. I asked about the share structure, currently there are 24.5M shares out with only 6M in the float now, post forward split there will be 99M O/S and about 12M in the float. This could be a major mover IMO with such a tiny float.
Posts: 769 | From: Hotizona | Registered: Aug 2005
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