Under the thread of economics .. did anyone see the piece on 60 minutes re Russia's economy .. with Moscow having more millionaires than any other city in the world ??
How Putin has driven change in the economy increasing the countries wealth and establishment as an economic powerhouse ?? Looking at the longer term rather than short term, give me more of an appreciation of thir current negotiations.
I have recieved the following email form Ljubica Jovanovic, Administration Manager at Solagran Limited when I raised some questions via their website which you should be able to interpret from the response (on the 5th Sept 08) ..
1. We have no exact time frame for the confirmation of the Ropren price in Russia. We explained to the meeting that the actual outcome is more important than the time frame. Page 7 was not a Financial Forecast and the Nov 2008 was to illustrate a production volume increase not sales. There are no written purchase orders stating exact quantities.. 2. Ropren has been produced by Galenopharm since early 2008. 3. AGM will be held probably in the last week November 2008.
SLA Price at posting:
29.8¢ Sentiment: Buy Disclosure: Held