Member Info for beardozer

GLEN is seriously missing a trick by not developing the Zanaga Project itself but I don't think that would give ZIOC shareholders the return we're expecting. So perish the thought and sell the Zanaga Project for silly money!
Preferably this century.

Just had another thought: the Chinese could buy the Zanaga Project and put it behind their ear for later! What would that do for Iron Ore prices?

Your response is much appreciated - thanks. As for ZIOC - in a bonkers world maybe they will be taken over at the top of the Iron Ore market? Alternatively, the price of Iron Ore is irrelevant to Chinese interests in Africa and I'm hoping they pounce on Monday.

Only wish we all had your patience! According to other posters all the ducks are in a row but nothing has happened! I'm not surprised - who'd buy an Iron Ore mine after prices have rocketed? The time to buy is when Iron Ore prices are at an all-time low or am I missing something? Of course, Iron Ore prices could rise a lot higher which would make ZIOC even more of a steal.
The Stock Market and Reality parted company a long time ago. But commodities will always be needed. Today's Telegraph suggested we're heading for a huge fall in Stock Markets. But commodities will always be needed. And you can't get much cheaper than ZIOC. Yesterday I retired which feels strange. Very nice card from my co-workers but my boss couldn't be bothered to add her appreciation of my going above & beyond. ZIOC hitting the jackpot would transform my retirement plans and I live in hope. I have other jackpot hopes but they're not in the same league. But WTFDIK?

"If my ship sails from sight, it doesn't mean my journey ends, it simply means the river bends". Seems appropriate for all long-suffering ZIOC shareholders! Let's hope the jackpot is just around the bend... Is £4 per share too much to hope for?

Well done! If that doesn't light the blue touchpaper nothing will! Love the bit about "investors' pallets". There's a lot of money to be made trading pallets and it's all cash-in-hand.

LOGP up while PVR down. Barrels of oil are still valued in pennies rather than pounds - maybe it's starting to sink in?

Expect the worst possible future and SGC will do well! Millions of unemployed will sell their cars and use the bus. For the remaining employed driving cars into cities will be too expensive so they will also use the bus. The future is bright!

I've added DRIP to my Watchlist on the grounds it must be a screaming buy at some point...

I have to agree with markdods' assessment and I can't see any mention of debt in the latest Annual Report. In fact, PXEN appears to be owed money but only by highly suspect subsidiary companies (according to destitute). So NAV is 6x current Mkt. Cap. and Mr. Market couldn't care less. Of course, generating some income from the £6m would be transformational. Meanwhile Ed Dawson is paid £2,500 per week to do not a lot - I'd be happy to run PXEN for £100 per week! Confident I could generate the promised income greater than Mkt. Cap. - just award me 20m warrants @ 5p. I fear I won't get the chance - expect fireworks with or without the herd.

Sooty: kindly stop sniping! :)
Peterfal: people like you don't realise how condescending you are! There's nothing wrong with being negative about ZIOC after being invested for God knows how many years! Talk of "patience" is a sick joke! Let's hope we're in the final furlong at last but I wouldn't bet on it. I wonder what you'll have to say 5 years from now if you're still invested?

"Why have they only raised enough to keep the lights on for twelve months?" Could it be because they expect to have done a deal within the next twelve months? Where will the SP be by then if they haven't? 1p?

I must be doing a better job than loadsamoneeeey in attracting new investors - please start paying me instead of him!
That was intended as a joke but who knows? There was certainly one decent buy this week and I'm very tempted to increase my holding. I will if I can generate "free money" by a few profitable trades next week. Of course, if all my profits go down the PXEN plughole I shall be extremely annoyed. DYOR

Apologies - I was being unfair. Mention of Mr Elphick reminds me that he owns 27.39% of the company which should provide some solace to all of us LTHs deeply underwater. I certainly wouldn't want to be out of ZIOC over the weekend in 10 years' time!

It's St. Athan without an s on the end and lots of overtime doesn't square well with lots of unemployment.

Thanks for the clarification but you failed to answer the question about why punters aren't piling in not that anyone would expect you to know... There are many companies with wonderful assets which, for some reason, don't impress investors.
For example, PPC and PXEN. ZIOC's lack of appeal must be politically related and having GLEN as a partner certainly doesn't help. Any chance of GLEN selling their interest? That would certainly provide a floor for ZIOC but also put them in a worse position or maybe not? Whatever happens, the jackpot continues to be just over the horizon where it may well remain for another 10 years at this rate.

And your point is? Surely you're not trying to drive the PXEN SP down as all your opponents suggest? Who reads our comments? One man and his dog who has more chance of making money than most of us by pointing his paw at a random investment in the FT. Yes, a lot of oil & gas may be unviable but it's the more difficult to extract that will be cancelled.
Deep sea isn't looking good - just look at the problems HUR is having! Down over 90% in less than a year and the company is still valued at almost £100m! It sort of puts PXEN into perspective if it ever fulfils its promise of future revenue exceeding current Mkt. Cap. which looks very attainable with the wind in the right direction. Seriously, PXEN could surprise us all!

Why aren't punters piling in? Is the current joke SP all part of the plan? Not long ago ZIOC was 80% of my PF and now it's 44% but what has that got to do with the price of fish? How many more years must we await a jackpot? At the moment I'd be happy to take £1 just to get it over with - maybe the Chinese are banking on investor fatigue? Incidentally, extrader, please cut back on the acronyms! Does TIA really mean Transient Ischemic Attack?

Just tried a dummy buy and sell: 1.575p to buy, Market Best to sell - not unusual in an illiquid share that's off every punter's radar. The herd can't arrive soon enough!

Click on the link and you learn these tweets are protected - **** off!