Member Info for Aberdeenman

word leaking out?

Looks set for a breakout!

Aberdeenman

Iron ore is going to be required in most developed nations for several years, at a rate not seen for a long time.

We can already see heavy demand in China, and as the rest of the world spends on Infrastructure to claw their economy out of the grips of Covid, demand will soar.

The Chinese know this, and along with their wish for less reliance on Oz/Global markets, they are looking for alternative sources.

there are not many that fit the bill, Simandou being one that looks like it could come on stream in a few years, but that is not enough.

there really is only one other Globally significant source other than Simadou, that is undeveloped, and that is Zanaga.

Only a matter of time, and the returns will be spectacular.

Binary, yes, but the risk-reward justifies have a reasonable sum in here in my view. Not worth betting the farm, but with the likelihood of the resource being in demand, as it has not been in many years, never been a better time to be in ZIOC.

Aberdeenman

To my mind there is ZERO doubt that this will happen, Zanaga WILL be exploited.

$Trillion + resource, in-demand product, and Geopolitically very attractive.

The only question is WHEN?

Given what is happening on many fronts, there is both interest in this company, and movement in the SP, but the movement is nothing compared to the value that 'could' be realised.

If everything went very well this SP would be in the 4 digits.

fingers crossed.

Aberdeenman

To my mind there is ZERO doubt that this will happen, Zanaga WILL be exploited.

$Trillion + resource, in-demand product, and Geopolitically very attractive.

The only question is WHEN?

Given what is happening on many fronts, there is both interest in this company, and movement in the SP, but the movement is nothing compared to the value that 'could' be realised.

If everything went very well this SP would be in the 4 digits.

fingers crossed.

Aberdeenman

It ain't going to go up in a straight line. Those that have been in a few months or more can testify to that! Small variations here compared to the swings we have had.

For some, that kind of action is a dream, not me, happier and less stressed just holding.

And the thing is now, we can get movements (upwards) for other reasons than news. Now that it looks like there is some II buying, we could see surges in the SP out of the blue.

Added into that, that news truly can come any time, intraday or otherwise, I for one am holding.

Only a matter of time, and not a lot of time either, for big rises.

Aberdeenman

I said there is a possibility, but somewhere in the range of 300-1500.

All down to orders, that 1500 is way at the top end of what could happen

Aberdeenman

There have been plenty of false dawns, however, this is a bit different, SB platforms stopped buys days ago and a decent rise in SP and volume today.

Those that have been around a while are reluctant to call this a definite precursor to news, but it certainly feels different to me.

No speeding ticket as yet.

So hopefully word is seeping out somewhere, it is going to get a deal and a massive rerate at some point, and now is a fantastic time for it to happen.

Aberdeenman

EoA...

"Glencore sniffing for 50:50 partnership!"

Glencore have 50% (plus one share).

Sniffing up the wrong tree.

Glen have held us back, most of us hope they just quietly sell up to the Chinese.

Aberdeenman

Couple of my other stocks are flying, so it is time for NFX to catch up.

Q1 is closing fast, so expecting an update and an improvement in sentiment.

This is THE price to be adding at.

Aberdeenman

With this rise, if there is news coming we could get a suspension any time 'pending an announcement'

If sitting on the sidelines I wouldn't hang around too long, seen it happen plenty of times, finger on the button, bam, too late.

Luckily I am loaded up here.

Aberdeenman

Strange that all the SB platforms suspended buying over the last few days.

Must be some rumours doing the rounds, let's hope they have substance!

Aberdeenman

hey, not complaining, two of my long term holdings flying.

Aberdeenman

looking forward to treble figures ;-)

Aberdeenman

being bought for over 10p and loads of trades.

Must be very good news coming.

Anyone looking in, this has been a binary, either nothing or a very very high return.

If you fill your boots and good news comes this is a multi multi bagger.

Aberdeneman

even when there has been a twitter pump I have not seen this many trades.

Looks like our time may have come.

This is so undervalued next stop (on news) could be anywhere from 30p-300p

Aberdeenman

Looks like we have some action peeps!!

(let's hope our time has come, certainly looking like something is happening)

Aberdeenman

Hope no one was sitting on the fence.

That is the thing with sitting on fences, you get fcked in a way you did not want very quickly.

Aberdeenman

plenty of info in the usual places.

Read the FT article, T0n1c did a good few summaries on here.

All in all it is a no brainer though, if you saw the rise NCYT did, that is what we expect here.

earnings will exceed the current market cap significantly.

Aberdeenman

"So on a 2 shift 2m...that means on a 3 shift...3m. I suspect that a 3 shift may not be possible"

They are currently only working 12/5, which leaves much upside capacity to get to 24/7, approx 2.5X current capacity, minus times for maintenance, which should be minimal with new machines.

Aberdeenman

For any newbies, a SP rise similar to NCYT is expected here.

@2m per week produced and sold, along with other revenue streams we will have revenue approaching £600m per year.

EBITDA will be rear £300m and even at a tiny p/e multiple of 2.5 (as per NCYT) is still around £4.60 per share

Personally I am expecting a higher multiple as we are one of only three approved suppliers with a massive market, I also think we will up capacity beyond 2m per week. In addition with the varients circulating, and those yet to circulate, I think Covid testing will be around for many years.

All in all there is a strong possibility of a multiple of that £4.60 SP.

Sub 100p is a gift.

Aberdeenman