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Its non appearance boxes well??
Frank Kane is Editor-at-Large of AGBI and an award-winning business journalist. He acts as a consultant to the Ministry of Energy of Saudi Arabia and is a media adviser to First Abu Dhabi Bank of the UAE....
Consider the source.
GLA
The author makes a good point about UAE not having as much home mining potential as Saudi Arabia. Praying they battle China for ZIOC.
https://www.agbi.com/opinion/industry/2024/04/frank-kane-gulf-mining-minerals-big-shovel/
I see you just bought 1 more share :)
Driving no it was not my purchase. I have enough and similar to you. I think April will be very interesting reading once we get the promised RNS as they said in the last RNS. for me the costing report is really important for them to make further progress
SD- also sent to our nomad..
One must keep trying…
Surely there comes a time when a CEO must “speak to the poo on his shoe”?!
Gla.
Good luck with that 🙄.
CEO's see shareholders as the 💩 on their shoes. They couldn't care less about us runts.
Good afternoon Andrew,
Please could you advise if our CEO Marty Knauth plans on addressing his shareholders about his role, his ambitions, in our company. I note He has been in this role for almost 6 months without any communication to his shareholders.
Alternatively I used to enjoy your updates as the Investor relations manager through proactive media, if you were minded to do a upto date presentation, that would be highly appreciated.
Thanks in advance.
Nibj- that your 279,553?
I managed to get to exactly 1% of the company today…
Think I’m gonna have to book myself into ZA(Zioc Anonymous), I mean have I gone to far when I value my wealth in Zioc shares!!?
This quarter is gonna be a cracker..
Gla.
Another excellent topping up opportunity!
Added 182074.
Gla.
New tax year today, I’ve already put in my request for a bed and ISA. Should get some unusual trades over the next day around mid point of the SP.
News should be forthcoming in the next few days & weeks.
And, for completeness' sake, the EITI's observations re (1) Zanaga and (2) Mbalam-Nabeba, upcountry :
(1) Mining Project Development (MPD) Congo S.A. (member of FedMines) has been held since December 2022 by the sole shareholder Zanaga Iron Ore Company, which is listed on the London AIM Market (Glencore holds 48.26% of ZIOC).
(2) Sangha Mining Development Ltd is owned by Hong Kong-registered Best Way Finance. It is itself owned by another Hong Kong-based company called GRL20 Nominee. The structure is ultimately owned by a holding company registered in the UK territory of Anguilla, operating under the name of First Director Inc. It is not a member of FedMine.
Looking at the ownership structures, which of the above would you wanting to do business with ?
GLA
And the relevant bit re Sapro Mayoko, also p 80, being :
.."In 2016, the Congolese company SAPRO Mayoko (Congo) bought DMC from the South African group Exxaro Resources Ltd, which held the Mayoko-Lékoumou iron ore mining licence in the Niari department. The company exported 40,000 tonnes of iron ore (DSO) in 2019, but since then it has not exported any more iron ore due to the poor state of the Chemin de Fer Congo-Océan (CFCO) railway line, which is in poor condition..."
FYI
The relevant bit re Turkish ULSAN acquiring Mayoko Moussondji - from the EITI (p 80) - being...
.." In July 2021, a third iron ore mining licence (the Mayoko Moussoundji licence) in the Niari department, held by Congo Mining (a subsidiary of the British group Midus Holding Limited), was withdrawn by the government. In August 2023, this licence was reallocated to the Turkish company ULSAN Mining Congo SAU. In 2021, the three companies affected by the licence withdrawals (Congo Iron, Congo Mining and Core Mining) and their investors (Sundance Resources, Midus Holding Limited and Core) initiated arbitration proceedings against the Congolese government before the Paris Chamber of Commerce and Industry (CCI)...."
FYI
I am also in HVIVO, Venture Life group, Serabi Gold, Silver Bullet Data Services, Tissue Regenix, Bloomsbury Publishing and Blencowe Resources. Sometimes I analyse the fundamentals or sometimes I draw a chart in the hope of a swing trade. The ORR chart looks interesting. I will have a closer look.
Each to their own way of investing and good luck! My approach is largely binary bet but with a perceived huge likelihood of success. So far it hasn't worked too well but I remain optimistic. Currently I have 6 holdings and ZIOC is 63% of my PF while ORR is 22% (not exactly a binary bet but I'm expecting it to be the next GGP). Lesser holdings are LOGP (currently suspended and I'm down 62%) and GRX (where I'm up 316% already and they're expecting compensation). Other holdings are KP2 (another company up the Congo) and TOM (allegedly the sand is worth more than the oil). Still needs finance (unfortunately not a huge chance of success!) My 7th holding was IIP where I was expecting a small jackpot around £6k but I exited with £600 after the deal I was expecting didn't materialise. Lesson learned. The deal we're all hoping will materialise for ZIOC may well disappoint! I'll be happy with £1 - bring it on! £2 would be 100% better!
Like I said, I saw a pattern similar to one that I backtested and thought I would take a position. It has not worked out, but may still break back in above the EMAs. It broke out of a downtrend, although in hindsight the channel is not great, however, only a small position so we shall see.
Chartism is totally irrelevant as far as ZIOC is concerned! The mine will either be developed or it won't. I'd say it's 99.9% certain it will be developed. Whether or not ZIOC will still own it at that time is why the SP is where it is! Our only hope is GLEN being a major shareholder and they have a good track record in Afrika. ZIOC remains a binary bet but things have never looked better than they do ATM despite the disappointing SP except I have a horrible feeling we'll still be here next year and the muppets will still be urging "more patience required!"
To be fair, you need help as well.
To be honest I can’t. Drew a chart last year which resulted in a significant price increase and saw a similar pattern being repeated, so I took a position. Unfortunately it hit a head and shoulders but will wait and see if price can come back and go above the EMAs. Not locked in my life savings like a twat.
I think you need help. Please see your GP for what good it will do!
I think we're all pretty exposed here, eggshead! I've been waiting 12 years with ZIOC over 60% of my PF so GLA!
Does Elphick read this tripe? If he doesn't he should! Hopefully it will all be over soon.
No! But I have a Wendy House.
You are such a twat. I was just taking your lead. You can’t defeat me? Bloody melodramatic as well as a twat.
Why not try posting something relevant to ZIOC? Because you can't. And not many people can.
Why would you want to annihilate me? And how do you decide if someone is a "twat"? As you say, every board has one so you might just find yourself fighting on too many fronts! Just like Hitler in WW2 - do you have a bunker you can retire to?
Good luck!