Member Info for Aberdeenman

I think we will see something happen well before it reaches that stage.....

Aberdeenman

"LIM Up 37.93% to $0.20, wow, time for some fireworks"

Hopefully some news of news getting out!

Aberdeenman

SP still a little low, but definitely more upward momentum to come on news.

Aberdeenman

Nice to see 8's again.

Be happier once a deal is done and see 80's

Aberdeenman

Thursday, Friday or Monday???

Those are the favourites for news to land, if as expected, we should see a decent rise.

No guarantees on timing, but any CEO would be pushing for those days if it is to land this year.

Aberdeenman

"Would be good to take profits as market becomes thin here from Monday onwards until new year.

There have been that many false dawns that any rise in my opinion that shows a profit needs to be banked.

Glencore are in charge here ..... they not moving anytime soon."

You may be right Munchbox, but you may be wrong. Personally I would hate to sell and next day it opens 2000% up, what would have been the point of waiting this long.

Each to their own though, profit is profit.

Aberdeenman

And another on Twitter, 'Raincloud' alleging ZIOC is a scam, obviously knows zero about ZIOC, and the fact it is a partner of Glencore on Zanaga...

Somehow I think after all these years Glencore would have figured it out, if ZIOC was a scam.

These folks are not the brightest.

Aberdeenman

That should have been...

Stupid shorter on Twitter 'Stevo' desperate to talk this down, obviously knows nothing about ZIOC, and just took a short out based on the rise.

Some folk deserve to lose money.

Aberdeenman

Stupid shorter

My bad extrader, and come to think of it, not the first time I have done this, back to school for me ;-)

Aberdeenman

https://www.cnbc.com/2020/12/16/as-china-australia-trade-tensions-rise-beijing-needs-iron-ore-alternative.html

"China is likely to turn to a country where they have been investing, according to Peter O’Connor, senior analyst of metals and mining at investment firm Shaw and Partners."

We know they have invested in ROC already, and even GLEN has mines there, in operation.....

Aberdeenman

I agree new KOTB

However, personally I have always liked very high return stocks, very speculative obviously, however I look at the balance of probability, which says this will be developed and give a spectacular return.

The question is when???

The reward makes the wait justified.

For the short term, every likelihood it will rise a bit more, but that is irrelevant compared to the gains on a deal, which will make many lth’s millions.

Aberdeenman

There is no doubt that Zanaga is more attractive than it has been for a long time, and the possibility of a deal higher, but for any newbies best be aware that GLEN have had a stranglehold on this asst for a long time, and have not seemed to have shown much interest in progressing it in recent years.

So don't expect something magical just because of high ore prices, however!! there has never been a better time, so it may happen.

It is in effect highly speculative, we are at the mercy of Glen, and also the search for someone with very deep pockets.

We all hope it will happen soon, and the transformation will be spectacular, but when it happens is anyone's guess.

Aberdeenman

Looking primes for another move upwards.

Very close to perhaps the most likely times for the PEA to drop, withing the next three market days.

No guarantee it will of course, but any company wanting news out this side of the year have those three days to get maximum effect.

Aberdeenman

https://stockhead.com.au/resources/these-small-caps-are-pulling-old-iron-ore-mines-out-of-hibernation-at-warp-speed/

“The more that governments stimulate their economy through infrastructure spending, the more that is going to translate to demand for steel,”

The time is right, just need the ZIOC BOD to get their finger out.

Aberdeenman

https://www.lse.co.uk/news/jp-morgan-hikes-targets-for-iron-ore-miners-says-shares-haven-t-kept-up-with-chinese-demand-igdhx4clai4g2cw.html

Aberdeenman

lol,

I don't think there is anyone talking this up, at least on here, and even on twitter it is pretty quiet.

Not sure what is causing the tick up, maybe it will just retreat as usual.

Aberdeenman

Ticking up again...

8's incoming?

Aberdeenman

Surprising tbh that this is not higher, the ore price is great, and outlook great for it also, so never been a better time for this to come to fruition.

I get it though, this has been round the block so many times that the ruts in the road would shame a roman chariot driver.

One day though, that red dot will be real SP moving news.

Aberdeenman

"Massive sulfide is always good"

Massive SP even better.

Aberdeenman