Member Info for Aberdeenman

One thing for sure with ZIOC, there are more twists and turns than an Agatha Christie novel, and it is not finished yet.

It has never been easy to predict anything with this company, and it ain't over yet, whatever happens there seems to be money to be made.

Even at a 1.6/3.2p divi every year that is significant. Not the way we thought it would pan out, and still not happy, but I will take what I can get, definitely not selling, as even with this lowball deal the returns could be a lot over a long time period.

Aberdeenman

"Aberdeen, ATG, Cat, all I can say is don't sell"

No intention of selling, very very disappointed, indeed disgusted, but there is money to be made here, a very good amount with patience, but not as much as it should have been, if we had an honourable BOD.

Aberdeneman

It is a hugely unjust deal, what gets me is the sheer greed.

No morals in screwing over small&(ish) PI's whilst making themselves billions, they could have done so much better whilst still becoming very rich.

I think this will be my very last AIM investment, sick of the greed of the few.

still worth holding, it is just the reward is less than we hoped and indeed deserve.

Shame on the BOD.

Aberdeenman

I am hoping for a suspension tomorrow for the day, otherwise a presentation dropped on the website may not be considered market moving enough to justify a suspension....

I know that the lock in expires soon and that Q1 is slated for investment decision/onboarding of strategics, but would rather the SP appreciation is managed to full effect, hence wanting a good start tomorrow.

Aberdeenman

Looks like a half hearted attempt today with the A trades, but there is both buy and sell, no idea but there is a possibility of more than one player at large here, one on the buy side and one on the sell, competing as it were. Someone that has been watching the bid/offer on L2 may know more.

Aberdeenman

Interesting that a lot of the buys when the price was let go are A trades, could be the seller/buyer pegging the price is retrieving stock in time for news, even if at a loss, knowing that the job is done and that the profit coming justifies it.

Aberdeenman

Hopefully this time next week the SP is 20-30p or more (much more please!)

Aberdeenman

3G, I too hope that this plays out the way you describe, this has been my best case for some time.

"this has 50-100x in 10 years if they structure the deal as I pray they will."

It most definitely has that potential, and although a lot will sell out along the way and all will sell proportions, the potential very long term is dividends totalling multiples (~2-4x) of your current investment (or whatever proportion you have left) every year!!

we can but hope and pray.

Aberdeenman

"Should we hear news in the next few weeks that results in an instant share price spike/rise to anything between 25p and 50p, that will mean only one thing ie an instant sell off and a very quick slump in the share price."

That depends on whether II's are going to be around to buy up any shares from departing PI's.

Who knows...

Aberdeenman

I also thank you for posting, it takes many opinions, and crowd sourced, variety, can give a good range to base expectations. I hope you are on the low side, and probable right about dilutive effect ( I say effect as I am not convinced the dilution will come from ZIOC shares).

No point just reading posts you agree with, views need challenged.

GLA

Aberdeenman

I agree is is strange and concerning.

The majority of shares are closely held/sales embargoed, so who does it leave that can achieve this without TR/1's appearing?

The other option is large holders under the 3% threshold who are just taking what they can with increased liquidity.

A mystery, but the tone of the company has not indicated they would shaft us, in fact the opposite, the way the have worded announcements would actually work against that scenario.

We have to accept that there will be some sacrifice to get this over the line, but a fair outcome for all would make sense, not that that always happens on AIM.

Aberdeenman

"That was Septembers old news!"

They initiated coverage in September, but they didn't name their 2026 top picks then!! the rest is as per my previous post.

Aberdeenman

US broker Bernstein have named 3i as their top European pick for 2026, with a 5200p price target.

Aberdeenman

The talk of a low ball offer, fails to take account of the implied message from the company that there are multiple interested parties, as soon as you are in a bidding situation, factors like VWAP and Glencore disposal cost go out the window, it is highest bidder and preferred bidder.

The exec team have invested significant amounts of their own money, their interests are aligned.

Aberdeenman

Although I agee SOLG is a bad comparison, their SP went from ~7p to 28p, 4 bags.

0.3 of an updated NPV will be significantly higher, whetever scenario we are still looking at multiples of current SP.

Good time to accumulate given we have a timescale.

Aberdeenman

Without a doubt it should be nearer the 311pps than the 118pps, I would assume these values should be revised upwards based on the huge increase in project economics and therefore the NPV, which in turn will increase the NAV, if as you say the 0.3XNAV is too conservative is will be even higher.

Fingers crossed the market agrees!

Aberdeenman

Share lock in agreement expires on 26th February "following a request from a potential investor engaged in ZIOC's strategic partner process"

Investor update on strategic investor on 10th February "briefing to its investors on its strategic partner process and the Zanaga Iron Ore Project's development plans"

Doesn't take a genius to join the dots.....

The lock in represents ~35% of issued shares, many more are in close hands, not sure the SP can be held back much if buying pressure increases, which it surely will from now till the event/announcement on 10th February.

I think we are now in the best phase to accumulate with regards risk/reward.

Aberdeenman

Only a matter of time before there is more II interest, maybe a bit early for a takeover approach, but with metal prices they way they are, and likely to go, cannot rule anything out.

No brainer

Aberdeenman

From the prevous RNS

"· Project development strategy update (announcement planned for February 2026)"

From this RNS

"to provide a briefing to its investors on its strategic partner process and the Zanaga Iron Ore Project's development plans."

So they are doing what they outlined, not what they do every year, in fact I would like to see the RNS(S) that outline doing this every year.........

The "nothing to see" is a bit of a giveaway.

Aberdeenman

Action is a non food retailer

Aberdeenman