Member Info for beardozer

SP down after more buys than sells. Looking forward to transformational news which will make TOM # 1 Top Riser.

Until the EGM ZIOC is the place to be invested while RAM is a fantasy designed to flush out higher offers. Post-EGM RAM may well be a reality and then the excrement hits the fan or maybe LTHs have a bright future extended well beyond the horizon. Not what we wanted - please just sell ZIOC for whatever it's worth NOW which must be multiples of 6p! Anywhere between 50p and 500p but WTFDIK? Apart from all the unexplored acres it's a strategic investment which must attract strategic investors with bottomless pockets. I live in hope when I'm not feeling suicidal. Had my chimney swept today at my landlord's insistence after never using it for 17 years. Cost £78 and the sweep was in and out within 20 minutes! Very professional.

What is extrader's alternative scenario? SP sinks even lower, no higher offer and the RAM raid is approved. Then what?

So we have two opposing views: White Knight or Not? Is there a Zanaga Waiting Room? Probably next door to the office containing the filing cabinet in which all the vital paperwork is filed. Paperwork worth £billions in the right hands. You'll find me in the Waiting Room. The SP remains irrelephant if we're expecting a white knight with an amazing offer - why bother buying the few shares available in the Market and announcing your interest? Hopefully we wake up one day to find the shares suspended after a takeover offer recommended by the BOD. We'll see.

Another new 52 week low today thanks to a 200,000 sell @ 5.5339p? Not had a chartist post here for a while - can a double bottom occur within 24 hours?

"As things stand, there's NO prospect of a white knight, AFAICS." Would explain why Mr Market has never thought much of ZIOC and how stupid I was to think I knew better! The trend is your friend and all that malarkey. So how long before we see an SP of 14p+ and how low will it go if LTHs sell up in despair? How much of a -bagger could it be over the next 18 months? Having piled in and bitterly regretting it, I don't want to exit unnecessarily if ZIOC could be a 2-bagger over the next 18 months. Not to mention a miracle happening as Knauth didn't say "ALL of the entities we have engaged with." Is it time to invest in a straw company working on revolutionary clutching technology? The disconnect between ZIOC's Mkt. Cap. and the value of its asset is breathtaking.

I hope you're right - new 52 week low today after a 5.60 UT. The Middle East will certainly be requiring a lot of iron ore to rebuild their countries!

Pre-EGM which is a long time away anyone can make a higher offer which would make all the complaints about the RAM raid redundant. All LTHs (unless they've already abandoned ship) live in hope.

Not to mention let him without sin cast the first stone - by which I take it Jesus was opposed to capital punishment which is hardly surprising for a bloke who loved everyone. What would Jesus do if he were a ZIOC investor? I think he would be hoping for a higher takeover offer and if that failed to materialise he would shame the overlords. I can't see him taking legal action - he was too sensible! And what about Mohammed, peace be upon him? I get the impression Muslim companies don't screw each other the way we do but I'm sure extrader will educate me! GLA! Slightly different terms in the RAM proposal and I'm sure the SP would be 15p by now. And that would be enough for plenty of shareholders to exit but not me.

Interesting that north of 41p gives the overlords a 10-bagger - I like the symmetry! And it's far more appealing than the cemetery some LTHs will be occupying before they see any meaningful return on their investment should the RAM raid succeed.

Even more amazing to be an American oil company while Trump seems intent on destroying oil supplies from the Middle East.

I think us LTHs have all agreed "this deal stinks to high heaven" but so what? Where does opprobrium get us? I thought it was a rare earth. Wish I'd never sold HREE! Everyone needs to relax and await the EGM or make a higher offer! Surely there must be several entities who would be interested in buying ZIOC @ £333m? If not, why not and let's hope RAM delivers.

I feel we're just going round in circles and repeating ourselves - obviously a higher offer would change everything but if we're stuck with the RAM deal then so be it! Won't know either way until (or hopefully before) the EGM. How ironic that the likes of Sir Mick Davis and his ilk were supposedly what ZIOC needed in order to realise shareholder value! Nobody dreamed there'd end up being an us and them as LTHs and new overlords interests were supposedly aligned. Presumably they could've offered 15p to take it private and then where would we be? Assuming the RAM raiders would actually welcome a higher offer which may not materialise it's still a shame they couldn't have been more generous towards LTHs with their proposal - just a few percentage points would make a huge difference to the future ROI for ZIOC shareholders and presumably raise the current SP. From dreaming of at least 100p I'm now praying for 40p before the EGM which equates to a paltry £333m for ZIOC which looks like a huge bargain to me. Personally, 40p buys me a 3 bedroomed detached @ £325k with a view of a Morrisons supermarket which doesn't bother me but might explain why it's so cheap. Main point being I stop paying £900 rent every month. Which means I can dine at a Michelin restaurant twice a month until I die. And even take holidays (last one was in 2005) - a 15-day cruise down the Mekong @ £3995 appeals. Maybe I'd meet a rich widow and then who cares about the Stock Market? Where are Fortescue when you need them? Pocket money to them and there's nothing to stop them flipping it to another company in due course. Same applies to every bidder. Bring it on!

I have always assumed the overlords owned enough shares to bulldoze the RAM deal through so no surprises there.

Sad to hear extrader has involved family members in investing in this no-brainer!

I have too but also promised to make good any losses - not likely given enough time but profits will be hard to bank this year unless there's a counter-offer.

Which we are all praying for. 40p would provide me with an escape route for which I will be eternally grateful. 200p would be life-changing for my whole family (and no doubt extrader's as that's the amount he favoured). I object to RAM stealing my money but without a higher offer their deal is the only one. And better than the nothing the wreckers are offering. GLA!

2027? 2028?

Surely a buy? Bodes well. The upside here is incredible - SP still way below what it was before the transformational event but maybe that just reflects the dilution? And ignores Valkor's supposed valuation of TOM. GLA!

Wreckers can do nothing until after the outcome of the EGM. If, by then, no other takeover offers have materialised LTHs will be well and truly up the creek!

millerston - "Remenber, Glencore walked away with 4.2p"

Yes, I think that was the start of all our recent problems! It was set in stone that GLEN don't develop greenfield sites so why not just sell their majority share in the Zanaga Project or, alternatively, sell the whole caboodle for a lot more than 4.2p which must have had GLEN shareholders scratching their heads over why they'd missed out on multiples of 4.2p.

shauny86 - £7 over 30 years isn't worth anything to decrepit LTHs like me - 72 this year and according to a YouTube video I have all the signs of dying within 12 months! However, it ought to be worth more than 6p which implies Mr Market doesn't think it will happen. He's been right all along - if we'd all trusted his opinion over many years we'd not be here now. Except, it's a world class asset worth a fair price so how could Mr Market ever know we'd end up where we are? Other shares might go up and down like a bride's nightie but ZIOC spent most of the past few years in the doldrums. Is it worth organising a prayer meeting? Dear God, please inspire major miners to declare their interest in ZIOC - kick off with a 30p offer and then wait for higher bids. I'll be delighted with 60p and the buyer will have bagged a bargain! Amen. Would love to see Vision Blue enter the fray! "Our society depends on secure access to clean and reliable energy to meet growing demand and enable technological advances. We are convinced that our capability, expertise and strategy positions Vision Blue to play a role in building a better, more sustainable world." Surely a better, more sustainable world involves sharing the wealth far more equitably?

"gibberish" withdrawn after I got my wires crossed but I fully support the view that the RAM deal was a direct result of another mining licence being revoked and the appeal being dismissed. Lack of progress are grounds for having a licence revoked so I think that may well have put the wind up ZIOC but the parties involved turned it well and truly to their advantage.

Thank you G_G_G for your advice to hang onto our shares! After 12 years what's another few weeks? You won't get far with your argument if you attack anyone who disagrees with you as "gibberish". You are sounding desperate and you're not helping yourself by digging even deeper into the hole you're in.

Unless, of course, you have already sold your position at a loss and just want to put the boot in - GLA!

So Cavalier or Roundhead? Pragmatist or glued to riding a high horse whatever the consequences which includes killing the golden goose. Just to make a point while all the while a better offer could arrive and if it doesn't how can anyone claim the RAM deal is unfair? I know what Buddha would have to say and I'm not a Buddhist.