Member Info for beardozer

You've been negative for as long as I can remember - why didn't you sell your 4.5 million shares long ago? You're perfectly correct that the vultures will now make money. After all, timing is everything as we all know. "Fortunately", PXOG is now my smallest investment having lost 75% of its value so I only need a 300% rise to get me back to where I started. What are the chances?
Not great but maybe Spain will solve everyone's problems. I am not tempted to average down as there are too many other opportunities elsewhere not involving oil & gas.

Can't get my head around your response to Sootysnipes:
"No, actually three reasons : thirdly, the moment GLEN went public with a derisory offer, A.N. Other Co would counter with a higher, either to snatch ZIOC for itself or at least force GLEN to use resources here that might otherwise be used to compete with A.N. Other Co elsewhere...."

Who are A.N.Other Company? I think you know. If the Zanaga Project is worth investing in then GLEN will be the first in line and paying the most they can get away with.
Which has to be at least 200p or am I missing something?

Whatever happened to the SP yesterday? Following a very positive RNS (as if they make any difference!) I took the opportunity to increase my holding 128% as tiny miners often outperform.
And this one has two much bigger companies in bed with them. And they have exposure to Gold which seems to be taking off. Just imagine the SP increase if they find some! And there are very few shares available. Job done!

Beginning to think the Herd is more like a very small group of animals i.e. 2. Obviously, the Twitterati have overlooked ERIS. No bad thing but fortunes have been made and lost investing in thin air. Investing in ERIS feels like turning up for a party and nobody else does. Keep The Faith! and play some Northern Soul while you're waiting.

I can see where you're coming from but most of us would rather believe Fruitster's "possibly 700p in 5 years".
It won't be 700p because by then Amazon will own RMG. Maybe by then Amazon will own 10% of the companies on the planet! It's not impossible. Huge wealth generated by one behemoth has to be invested somewhere. And all the time the behemoth grows fatter the other companies' values are falling... There's a tipping point where Amazon can gobble up every company it wants. Ultra-Capitalism and it's not healthy. Or is it? Amazon could have a huge impact on saving the planet which would be in its best interests - unlike most politicians who only think about being re-elected. Their days are over. And probably the rest of us too. Air travel is the killer - ONE day at Heathrow = one YEAR of Croatia's pollution.

I hope you're wrong - the eggtimer is against me and many other shareholders. As things stand I will have to continue working past retirement age until ZIOC finally delivers. Maybe that's no bad thing - had 3 days off this week and was bored stiff! But at least I managed to get my cambelt changed and have a haircut.

Aren't you a wonderful human being accusing another poster of being financially illiterate - wasn't it the so-called financially literate who cost the rest of us £trillions? And "pretty unique" is an interesting phrase - you must be American!Would you also say "pretty pregnant" or "pretty dead"? You probably would.

...why UJO is attracting so much interest while EDR hit a 52 week low today.

Total lack of interest - really wish I had the funds to buy 29.9% of the company!

Why do you think nobody's interested in buying Royal Mail? It has the infrastructure to reliably deliver to EVERY address in the UK - why wouldn't Amazon be interested? Wrong deliveries must be costing Amazon a fortune if my experience is anything to go by. Two deliveries to the same wrong address were refunded only for the lady from the wrong address to turn up on my doorstep with my parcels! I used to be a postie when it was a licence to print money but times have changed. But posties are still relatively well-paid which ought to motivate them - a fact I have presented to my employer who pays me £2.70 per hour less than I could earn delivering letters. And my employer is a listed company that makes a big thing about looking after its employees. Ho! Ho! Ho!

Glencore a "heavily bloated elephant"? Maybe but I've always thought of them as getting the best out of any deal or
they wouldn't be where they are today - a £38bn company whose SP rose 0.5% today after buys apparently outnumbered sells 4-1. I don't think they're "disinterested" - why would they be? It's Glencore's share of the Zanaga Project which makes ZIOC such a compelling investment - they have the means to make things happen! Some time ago it was announced an ex-Xstrata top dog with much Zanaga experience had joined Glencore which I viewed as very positive but WTFDIK? I would love to start a company with those initials!

It's very annoying how RMG often manages to rise significantly some days before collapsing. I think 250p would be a fair price at the moment and there's no reason it shouldn't be 750p within 5 years assuming Amazon hasn't bought it by then. And at a significant premium to the prevailing SP.

You are both missing the point! You both need to expand your reading matter/research. According to today's Daily Telegraph Woodford is finished as a fund manager - it's that bad! He will be removed from managing WPCT which might have a bright future afterwards but there are millions of other better investments!

Unfortunately the "hardworking employees" have zero connection with Kier and their management's mistakes.
When the tide goes out etc.

Unfortunately DYOR no longer seems to work! Companies issue a positive RNS and the SP falls. See PXOG - surely the most under-valued share on AIM? £780k profit from a £3m company!?! G4M is already labouring under a high PE and I fear the worst. But I'm hoping for the best - a big increase in sales while costs are contained.

Iron Ore prices have no relation to ZIOC's current SP! I'm a stupid LTH who always expected a Chinese takeover which never happened. It still could which is why I'm still invested. Not many other AIM shares offer so much potential mutibaggedness but how long have you got? The Market seems to think it could take many more years so further SP drift downwards is to be expected except the fiendish Chinese could pounce at any time! Or anyone else who thinks ZIOC is a screaming buy at this price - it would be pocket money for so many hedge funds.

As always you are spot-on with your assessment! But it's still a mystery why the Market hates PXOG so much...
A £780k profit from a £3m company ought to lead to a huge re-rate especially after a £3m loss the previous year.
The Management must be doing many things right yet the SP fell - how much more good news do punters want?
Of course, oil & gas are yesterday's investments - in theory. Electric cars make me laugh - where's the infrastructure to support them?
It will take a century for electric cars to outnumber those with combustion engines which could be much more efficient than they already are.

How can you know the "African gent" was unmoved? When he got home did he refer to you as the "European gent"?
Apparently the unspeakable entity in the woodpile can be translated as skeleton in the closet so that's OK. Phew!

So many rats leaving a sinking ship! Are we heading back to 1.5p? Can't the ZIOC Directors do something? Answers on a postcard. I read a comment the other day about never investing in AIM shares if there were no Institutional Investors. I stupidly thought GLEN owning the extra share in the Zanaga Project was some kind of guarantee everything would turn out well. Whoever thought flaming June could be extinguished? There are so many Black Swans around at the moment I felt privileged to catch a glimpse of a white one ducking its head into a river today.

WPCT and the closed to retrieving your cash Equity Income Fund share many investments. Why Woodford thought an open-ended fund was a suitable vehicle to invest in highly illiquid assets is a mystery. But as he's forced to liquidate the assets to meet redemptions in the Equity Income Fund the identical assets in WPCT will suffer even more. Strong sell until the bottom is reached.