I don't deramp! Occasionally I might ramp but who wouldn't encourage others to invest in undervalued assets? The 237% profit is perfectly true . It's a huge red flag when dissenters are told to "bugger off you tool". Last week I sold 50% of my holding in RMM and banked a 107% profit before it plunged because I was dismayed to see doubters belittled. I'll be interested to see where the CRTM SP is post-megadeal. Personally, I think Hydrogen is the future which means rare earths won't be that critical.
Popples: nobody likes to be "fleeced" but we are where we are! Where is the queue to buy the Zanaga Project? At any price! Has anyone offered 20p for ZIOC shares? Some shareholders would bite their hand off! Sidneysideline: GLEN are in control of this project. Jumelles are irrelevant. And ZIOC investors have never found the kitchen too hot! Invest in ZIOC and put your shares in the freezer is more like it! The biggest worry for me is that all this inactivity leads to them losing their Mining Licence. Hopefully GLEN can put in a good word...
200,000 free shares after a £1.60 offer = £320k - obviously not life-changing for you! It is to some of us but what would you know? ZIOC has always been a high risk investment - why would you have ever thought otherwise? High risk = high reward except when it doesn't! Looking forward to your irrelevant comments after shares in ZIOC are suspended due to a takeover offer. Alternatively, we'll both be here next year!
So much loss of patience, so much negativity! Yes, this could be a typical AIM lifestyle company but NAV dwarfs Mkt. Cap. not to mention future profits etc. Place your bets! It's my 3rd largest holding and I've done OK lately. DYOR!
Sooty: I think you're starting to fear you've missed out! Buy now! If £5 a share wouldn't change your life you must hold very few shares or be a billionaire. Either way, ZIOC could still increase your wealth. nibj: you sum it up very well! And 5m shares shows some commitment. Onwards & upwards!
"I will stay in the .1% who wouldn't be happy." OK, but what do you realistically expect? A £1.60 offer from GLEN would be life-changing for most ZIOC shareholders - I'd be trousering a £455k profit on a £25k investment! Twice as much would be nice but I would rather be out with a more than decent return and making the extra 100% with another investment.
It's a shame the Zanaga Project is not much more than money down the back of the sofa for GLEN but I'm sure they are as keen to see a profitable outcome as the rest of us. ZIOC's recent RNS changed nothing: either the mine will be developed or it won't. I like the sound of a £1.60 all-share offer from GLEN: it's less than I'd hoped for but it would get us out of this rut!
I'm surprised the SP isn't a lot higher in anticipation of the Oxford Nanopore listing. I've increased my holding by 125% in anticipation of a huge increase in IPO's NAV . Investing in UK listed companies is much like moving the deckchairs on the Titanic - I'm expecting a significant Market correction. Meanwhile, true value is to be found within IPO's portfolio.
Stop following rules! I attempted to read your link but soon lost interest... Yes, life is "grey" and "complex" and we all do the best we can. What concerns me is: Are we the only life in the Universe? You wouldn't think so but it's not impossible. **** happens.
Your sums don't agree with mine. Oxford Nanopore is going to be HUGE! It's currently worth a fraction of similar companies and IPO's book value of their investment is a joke! Consequently , does that make the rest of their holdings very undervalued? Probably. Obviously, some companies will fail but the odd mega-success makes it all worthwhile.
Only wish I'd waited to buy @ 1.5p! But, in the grand scheme of things, all things considered, taking everything into account, all in all, the future SP should be multiples of the current one! Projected future income is higher than current Mkt. Cap. and what's this I read about Hydrogen derived from Natural Gas? As we all know, electric cars are a dead duck waiting to happen. VHS vs. Betamax all over again but this time Betamax will have the last laugh. Hydrogen is the future !
No need to apologise for meandering! The world needs a lot more of it. According to my calculations ZIOC was up 14.82% this week which helped my PF rocket 4.6% when most of its mangy curs were in retreat. Apart from CRTM which might have taken heart from KIST but that doesn't explain LBE's decline. The sooner ZIOC delivers, the better! But what to do with the money? You have to admire Beatrix Potter who left over 4,000 acres of the Lake District to the National Trust.
...but looks fully valued at the IPO price. Surprised they stuck with the name musicMagpie which doesn't really reflect what they're about. Reminds me of Carphone Warehouse which was another anachronism.
I hate the phrase "hit the ground running"! Meanwhile, the smart money is sitting in a deck-chair on the Titanic. SAMO, SAMO except his doodlings were eventually worth hundreds of $millions. Let's hope ZIOC turns into a work of art. Pleased to see POG # 2 Top Riser among FTSE 350 stocks yesterday as I'm a FFM player once again! I've included GLEN in my fantasy fund but selling Zanaga won't make a huge difference to their Mkt. Cap. I just think Commodities are the place to be while Markets are skating on very thin ice. Talk of the UK Economy booming sounds very hollow to me after my recent experiences trying to book an optician's appointment online and accepting a broadband offer online which both failed. How much more business is being missed? Post-Brexit the UK Economy has a huge hill to climb and, stupidly, it hasn't hit the Market yet. FTSE 100 8000 by Xmas? Bonkers!
Is that another 2,000,000 rollover I espy? They must be expecting something to sharply raise the SP or why bother? PXEN is now my 3rd largest holding out of 15 and 7% of my PF after LBE @ 8% and ZIOC @ 47%. DYOR!