Member Info for beardozer

A while ago KP2 hit 4.40p and the SP collapsed the next day after the good news RNS. This time the good news RNS prompted a rise to 4.40p before the SP collapsed again. And carried on falling. As a shareholder, it's a job to know what to do for the best! What a terrible company to invest in! I'm holding in the hope of a decent takeover offer but what are the chances? At least, long-term, the SP ought to be multiples of where it is now.

STOP PRESS: "I can confirm that I sold 1.47% of my holding (10,000 shares) in order to invest in SFOR who appear completely undervalued. I am unrepentant and would steer hostile questioners towards St. Warren (peace be upon him) who said you should only sell if a better investment demanded your attention. I was pleased to be offered just under 9p for my ZIOC shares so I banked a respectable 31.7% profit. "better" is in need of qualification - I'm not expecting SFOR to outperform ZIOC long term even though it may well do - who knows? The problem is the timeframe - will ZIOC still be 9p this time next year? I would expect SFOR to have quadrupled by then. Anyway, diversification is always a good thing especially in my case and now I have 8 holdings instead of 7 and would be open to selling further chunks of ZIOC whenever I see better opportunities. But I won't go below 600,000 shares or the jackpot may not be enough! From a £1.65m house in Suffolk I've recently been looking in Roxburghshire: https://www.rightmove.co.uk/properties/162239966#/?channel=RES_BUY where your money appears to go much further. I like the sound of waterfalls in the 8.5 acre grounds. Being Scotland, the asking price could bear no relation to the sold price but I'd be happy to offer £850k which would require a mere 135p for my ZIOC shares. GLA!

...the fundamentals remain the same.

If there were to be a takeover can Strand Hanson act for both parties or would there be a conflict of interest?

You're absolutely right extrader that wealth takes many forms. Further research on my part would indicate that owning a property through a limited company is usually not a good idea. For a start, to live in it the occupants/shareholders would either have to pay market rent or be subject to BIK tax.

The alternative, which is more family-friendly, is for up to four people to own the property as joint tenants. None of them can leave their share in a will and the surviving owners share out the dearly departed's interest in the property between them. So, in theory, put the property in my name and my three children's names and we ought to be on the way to mitigating IHT, if not avoiding it completely. Or, at least, kicking the can down the road. Pleased to see my latest investment HAMA taking off today - still plenty of upside if anyone's interested.

It's not a nice problem to have!

But I take your point about me not necessarily being the first to die - sounds like an Agatha Christie novel.

I'm currently working my way through all the Maigret novels which I highly recommend.

Thank you fans! And apologies for not posting yesterday when I was sober. This week I shopped on Wednesday instead of Friday, got drunk and posted a very downbeat message. I've imbibed far more today than I did on Wednesday but it's not really affecting me. ZIOC-wise I suppose, to quote Homer Simpson, "it's a waiting game". ZIOC is currently 73% of my portfolio and I own 680,000 shares . Next largest holding @ 9% is KP2 which doesn't say much for diversification as it's also up the Congo. Are there any accountants out there? I'm very concerned about IHT. Assume a family forms a limited company to buy a £1.65m property. So there are 7 family members each owning £235k of the property assuming children can own property - what happens when one dies? That's me! And what happens if all of them are living in the property? Knowing the Inland Revenue, I would imagine it's all covered by the 7 year rule.

I really thought we'd get out of the rut after recent extremely positive news! Obviously not yet! I remain very confident and will add to my holding when funds permit. Surely the smart money is anticipating Lanstead's departure but maybe not? Will Lanstead's black cloud hang over ORR longer than anticipated?

Tune in next week to find out what Batman & Robin will do to improve the share price!

All they had to say was "ZIOC's experienced management team is complimented by an investor base that features beardozer" and new investors would be forming a queue. Why do corporations think the way they do? And why do they feel the need to post such inanities? A fairly rare word which reminds me that I spotted a fairly rare bird the other day: a bullfinch! One of only 440,000 in the UK if experts are to be believed. As for ZIOC, I'm pleased to see somebody paid 9.90p (allegedly) but in the vast scheme of things it makes no difference (allegedly). From looking at £1.65m properties I've now cut my coat according to my possible future cloth and would now be happy with a £230k maisonette for which I would only need 34p per share. I wouldn't put it past them! Mates rates and handshakes can easily bypass the Stock Market. And it would support Mr Market's view all along. Apologies for being so pessimistic but I'm very fed up.

I wish you'd clear off! Can't you leave us in peace to dream? Any person of average intelligence can see that mining top dogs have invested in ZIOC and are aligned with existing shareholders. Follow the money.

Sorry to hear you are a former investor in ORR. Even at this low price? I've made my bed and will never sell in the hope of the next GGP but what are the chances? Fairly high or I wouldn't be invested!

Driving: orders are ALWAYS being filled in the background.

NewKOTB: pleased to hear someone appreciates me but it was a stupid question as we don't know the size of the jackpot.

Not to mention I found myself with spare cash this week and DIDN'T add to my ZIOC holding.

Maybe on the grounds of not wanting too many eggs in one basket but also a feeling HAMA could rocket 200% while ZIOC slumbers.

Electricity v. Hydrogen is VHS v. Betamax all over again! Hopefully, there's room for both this time. And it's obvious hydrogen is the better choice.

What are other long-suffering LTHs planning to do with their jackpots?

"Add it to my existing wealth" - 99% or something more interesting?

This is nauseating and JungleVIP's involvement should be a huge red flag but WTFDIK? Maybe after MET1 collapses the rest will follow?

I think we've bottomed after I increased my holding by 60% and the SP rose. After MET1 and FCM this is crying out to be the next inexplicable riser but that's not why I invested. Ludicrous Mkt. Cap. compared to potential gold is what attracted me. Very little free float is also a bonus.

Carry on like this and who needs a takeover? It's certainly an interesting concept: how long before MMs run out of shares to sell? In an ideal world they'd keep increasing their offer to sellers who remain impervious knowing the price can only rise. It would lead to all sorts of problems. Anyway, I just need 259p to buy a £1.65m property (+ £111,250 stamp duty - and the rich don't pay enough tax?) . While it would vindicate my belief in ZIOC and be an amazing place to live surrounded by 17 acres it would also cost my kids over £0.5m in IHT were I to die the next day. Leave it with me.

That came as a shock to me but I've been half asleep. With all this dilution it's a miracle we're still 8p! Or does it mean Mr Market finally, finally acknowledges something is about to happen? The forthcoming deal will either be a damp squid or there will be headlines all around the world about plucky long-suffering ZIOC investors finally becoming multi-millionaires. For £5k I'm available for a phone interview. No doubt cheaper interviewees will be offering their services.

"What was it like to be a Zanaga investor for all those years with so little progress until now?"

"Very boring! And so many lost opportunities while being terrified to sell just in case the jackpot arrived!"

"Thank you beardozer, the cheque's in the post!"

Agree a takeover @ 294p and I can become a strategic investor in ORR - the next GGP!

Owning 20% of a company sounds appealing until it all goes sour. Binary bet by name, binary bet by nature.

Onwards and upwards and more buys than Lanstead sells would miraculously change things! How about a strategic investor taking a 25% interest in ORR?

What difference would that make to the Lanstead deal? Mkt. Cap. here compared to the value of the gold in the ground is unbelievable. If my investment in ZIOC does better than I'm expecting I could be the strategic investor! What a turnip! It sounds bonkers but if my investment in ZIOC nets me 294p per share it opens up all sorts of possibilities. Which, of course, begs the question: if an oik is prepared to invest £2m in ORR why isn't anyone else?

Would I become a Director? With my own parking space? Can I have an Audi A8 as my company car? With a chauffeur? Not joking.