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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!
why does someone keep stealing my capital letters? no complaints about the *******! while i'm here, congratulations to **** sparrer for entering the top 100 album chart at # 96 - who'd've thought an oi band would have an audience in 2024?
another week goes by... another house i'd like to buy if only someone offered 209p for my zioc shares. doesn't seem like too much to ask when there's talk of £4-£6 elsewhere. they're delusional. exquisite house has bits dating back to the 12th century and i know i'm going to be very disappointed. please, please, please mr elphick & glen - get a ******* move on!
@Crownos
Alternatively, TOM could be the best of a very bad bunch! Only today HZM has announced it can't secure funding and they have links with GLEN so it's hardly surprising TOM is having problems. At the same time, if the numbers add up, it's a shame funding is not forthcoming. I note your comment about any multibag being somewhat limited by the terms of any deal - that is certainly a worry. GLA!
You don't know someone bought 23.5m shares!
As I understand it the SP plunged 23.53% after the sale of 23.5m which was late-reported but WTFDIK?
Funnily enough, I'm feeling more positive about TOM than the rest of my holdings put together!
Not been out of this over the weekend for 12 long years! Still think the SP is indicating LTHs are going to be very disappointed! Veteran10's 60p may well be optimistic - I suspect most of the value will be trousered by whoever gets away with a low offer which is accepted by GLEN and Elphick as majority shareholders. Except they won't have it that easy as other offers suddenly materialise and money talks!
If it wasn't for those pesky profit-takers ORR might have been up every day this week which could indicate a final break with ORR investors selling into EVERY rise. With the rise in the price of gold accelerating, the increase in ORR's future net profits just gets better. However, I suspect ORR's production costs will be relatively low so we won't see the full benefit. Perhaps Troajan can suggest goldminers on the brink of going under who will suddenly see their profits go stratospheric?
For £350. Increased my holding by 33.8% in anticipation of riches elsewhere to cover this vanity investment. I can't understand why they're finding it so hard to attract finance especially as the sand is allegedly more valuable than the oil.
Each to their own way of investing and good luck! My approach is largely binary bet but with a perceived huge likelihood of success. So far it hasn't worked too well but I remain optimistic. Currently I have 6 holdings and ZIOC is 63% of my PF while ORR is 22% (not exactly a binary bet but I'm expecting it to be the next GGP). Lesser holdings are LOGP (currently suspended and I'm down 62%) and GRX (where I'm up 316% already and they're expecting compensation). Other holdings are KP2 (another company up the Congo) and TOM (allegedly the sand is worth more than the oil). Still needs finance (unfortunately not a huge chance of success!) My 7th holding was IIP where I was expecting a small jackpot around £6k but I exited with £600 after the deal I was expecting didn't materialise. Lesson learned. The deal we're all hoping will materialise for ZIOC may well disappoint! I'll be happy with £1 - bring it on! £2 would be 100% better!
Chartism is totally irrelevant as far as ZIOC is concerned! The mine will either be developed or it won't. I'd say it's 99.9% certain it will be developed. Whether or not ZIOC will still own it at that time is why the SP is where it is! Our only hope is GLEN being a major shareholder and they have a good track record in Afrika. ZIOC remains a binary bet but things have never looked better than they do ATM despite the disappointing SP except I have a horrible feeling we'll still be here next year and the muppets will still be urging "more patience required!"