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"...securing a couple of $b for its ZIOC stake would be very welcome." Translated into sterling implies a 69-bagger from here i.e. 496p which I'm sure would please everyone!
Spot on Mitch984.
There will be no "overnight jackpot" as I understand the term.
Back to the drawing-board but even without a takeover offer the SP still looks very undervalued.
I've spent 12 years invested in ZIOC and it's always been my largest investment.
What a colossal waste of time and money!
Sad to see posters on here fighting like cat and dog - blame Mr Elphick!
Whose hands are tied by GLEN.
Ms Sowmimo added: “We anticipate that as an unlisted company, a far larger pool of capital may be available to us, and therefore it is right for us to make this change.” Why would this be the case? Surely the risk is the same whether the company is listed or unlisted? Maybe not - at least an unlisted company can't delist and crash the SP!
In the current market you can lead a horse to water on numerous occasions but it still won't drink!
See also ZIOC while you're up the Congo!
It will be very interesting to see how both companies perform despite Mr Market's dismissiveness.
If he's right and investors are wrong then that's £trillions down the pan!
being a zioc shareholder appears to be driving me insane but **** happens! i'm sure you have your finger on all the necessary buttons so please tell us what percentage of npv we can expect zanaga to be sold for? what have other iron ore projects sold for? atm i think my investment is going to be a huge disappointment or beyond my wildest dreams. i feel bad about introducing my son into becoming a zioc shareholder but he's heard me talk about it for the past 10 years and he's not stupid (and can afford to lose his entire investment). mr market currently sees zero upside.
...by 0.79% just to get it into round figures. Also persuaded my son to invest 10% of his capital on the grounds that he will at least double his investment whatever happens. My stockbroker thinks current value is 21p and that's bleeding obvious! If it's that obvious I'd expect some more money being invested by their more adventurous clients but WTFDIK?
After the interview the SP plunged 10% but I don't think we should hold that against him as many people um... & err...
At the same time, I don't recall Alexander Mining making me any money many years ago but maybe my timing was wrong?
That was then and this is now. Surely ORR's assets will speak for themselves? If it is the next GGP it doesn't matter much who's in charge but the sooner ALL Directors emulate Eileen's investment the better! 2p by Xmas?
What do I care - I'm a pensioner! Just got caught short racing to the toilet - very messy! Must buy a bungalow! I look forward to reading DANNYBAREY's comments about anything other than me. Meanwhile, I hope I can stay sober enough to watch the documentary about Syd Barrett on Sky Arts tonight @ 2100. And yes, the world DOES revolve around me (and you).
I'm not sure anyone understands the Lanstead deal - and that includes Lanstead! I presume it's in their interest to suppress the SP by selling shares in order to keep their payments over 0.2533p as low as possible but what happens if they don't sell their shares? As I understand it, if the SP multibagged they receive no benefit and it could prove extremely expensive! Alternatively, what happens after they've sold all their shares long before the end of the agreement? Presumably the SP would've rocketed long before in anticipation? The next GGP with added rocket power? I dunno!
Have previous Lanstead deals been with dead ducks and suddenly, they've signed a deal with a swan? Very tempted to double my holding - who needs to own acres in Utah except the upside there is equally compelling.
the sp was up 1.73% today in anticipation! very unexciting times or the sp would be far higher but other shareholders disagree despite knowing how it usually works. they can't all be paid rampers, surely? can you be a paid wishful thinker? why shouldn't the sp be at least 20p by now if the future's brighter? at the same time, what difference would it make? **** all? i note aal rejected bhp's offer which they'll almost certainly increase. elphick + glen still need a mighty kick up the **** before any of us long-suffering lths will ever see any value. and it better be worth the long wait when it finally arrives! i've just lost the house of my dreams due to the lack of a modest jackpot - a £2 takeover would've been enough to enable me to buy it. i'm gutted yet unsurprised. bits dated back to the 12th century - you can't find a house like that every day of the week. gone very retro - currently listening to korn from the 1990s. reminds me of my old dad listening to nat king cole while i was pink floyd's biggest fan in 1967. i lost interest after they dumped syd barrett.
...GLEN, instead of AAL, wasn't the receiver of an "unsolicited, non-binding and highly conditional combination proposal" from BHP who would, presumably, have required them to get rid of their Iron Ore interests.
When is there ever any "evidence" based on the SP? Meanwhile, news could arrive at any moment! I've gone from expecting 60p to £6 plus! Bring it on! But make it quick!
Yes, really smashed! I thought my days of two bottles of wine were behind me but apparently not! Tesco's 25% off 3 Finest Wines contributed to my downfall but I have no regrets! Only drank two of them and the other one today. I remain a very dissatisfied shareholder and hold the usual suspects responsible. The endless delay is despicable!
Zanaga Iron Ore £35004
Oriole Resources £12166
Lansdowne Oil & Gas: £2412
Kore Potash: £1960
TomCo Energy: £1545
GreenX Metals: £1401
Writing it down in hard figures has a sobering effect but I still place my faith in my # 1 investment to deliver me from poverty.
"Still holding, not folding a fraction of my original investment having banked a few profits along the way. One of my best investments after DYOR identified it as chronically undervalued. We'll see. These days I can't seem to find the time for DYOR so I'm dependent on decisions taken many years ago as far as my current holdings are concerned. One or two jackpots and I'm outta here! Biggest future jackpot: ZIOC and it's still dirt cheap!"
Still holding, not folding a fraction of my original investment having banked a few profits along the way. One of my best investments after DYOR identified it as chronically undervalued. We'll see. These days I can't seem to find the time for DYOR so I'm dependent on decisions taken many years ago as far as my current holdings are concerned. One or two jackpots and I'm outta here! Biggest future jackpot: ZIOC and it's still dirt cheap!
Worn record but the sooner ORR start generating income and then a share buyback the better for all of us! Alternatively, at this stage, a reckless takeover offer might suit all concerned. 3p would be wonderful! Might sound fanciful but it could be a bargain price depending on what's in them thar hills. GLA!
"Funnily enough, I'm feeling more positive about TOM than the rest of my holdings put together!" Something's happening here so I feel vindicated! Very wary of involving the Occult in my investment decisions but ignoring my gut feeling has cost me dear in the past. We must all follow our own guru. And if your guru is yourself then prepare to disappear up your own vestibule. Black holes on a smaller scale? GLA!