Member Info for beardozer

I like the sound of one GLEN share in exchange for one ZIOC share! The obvious route to get from pennies to ££££s and almost money from down the back of the sofa as far as GLEN is concerned? From 8 August 2023:

"Glencore plc (the "Company") announces the commencement of a programme to make market purchases of its ordinary shares (the "Shares") of an aggregate value of USD1.2 billion (the "Programme"), subject to market conditions, with intended completion by the time of the Group's full year results announcement in February 2024."

You're doing your best but Mr Market always wins!

And impatient investors often get rich but how long does their luck last?

10% every day is commendable!

Probably mathematically impossible.

It's not such a huge leap from 15p to 52p but you have to be in it to win it. All major miners will be studying ORR's progress very carefully and I'm expecting a swift offer which I'm sure the BOD will reject. Do they have to report rejected takeover offers? Or is it buried under "discussions"?

So far MMAG has fallen while GRX has risen! Early days...

Just finished reading https://www.amazon.co.uk/This-Night-They-Come-You/dp/B09NWBDCSR/ref=sr_1_1?crid=3O0GCAMQJLVCV&keywords=robert+goddard+books+in+order&qid=1706982773&s=books&sprefix=goddard%2Cstripbooks%2C335&sr=1-1 which was a very good read. Deep waters, Watson multiplied by infinity.

It wasn't that long ago ORR was priced in pennies and the future is now so much brighter!

Not sure how many shares have been issued since then but circumstances have definitely changed for the better.

Mr Market really needs to catch up!

Mucus page no longer exists but there's still a mountain to climb.

Why the culling of my CAPITAL letters?

since covid a huge amount of punter money has been withdrawn from stock markets. of course, those same punters are probably still investing through their pension plans but that's different. any money left in has probably suffered significant losses apart from a few exceptions. i think most of us zioc lths will take the money and run so even less money being re-invested in the stock market which only makes it worse. what springs to my mind is "disappearing up its own ****". politics needs to change! not just here but everywhere! vote reform!

Buyer's remorse already? If you've DYOR you have nothing to worry about! As for ORR being bigger than GGP - why not?

So I'm hoping for a £2bn Mkt. Cap. which would mean an SP of 52p! Food for thought! And not impossible should the price of Gold rocket and why wouldn't it?

NewKOTB: a 1200% increase over 4 days would take the current SP to 99.5p which is worth having but what are the circumstances which would cause such a rise? A rejected takeover offer? I'd much prefer a recommended takeover offer around 200p which would lead to the suspension of trading and it's all over!

nibj: I admire your optimism and things could happen incredibly quickly. As for where to invest post-jackpot? I have high hopes for ORR which ought to be better than the next GGP, if that makes sense - however well it does it WILL be the next GGP. I'll be spending most of my ZIOC jackpot on a house in order to free me from the tyranny of a blood-sucking landlord.

Wise words Crownos. I invested in TOM as a binary bet and I'm currently down 68% and will go down with the ship if necessary but it's interesting somebody thinks it's worth keeping the lights on. Mkt. Cap. is still £2.43m - if it were £243k I'd be really worried! No worries. The SP only has to rise 212% to get me back to square one. Why did I bother?

Thank you both for your response - one was much more helpful than the other!

As for "they literally told you strategic partner news in Q1.. not even a third way through Q1 at the moment and you think the BOD should be ashamed?" And where is the SP in anticipation? And what about shareholder value in general? Wouldn't you think an SP of at least 20p would be about right at this stage of the proceedings? All the changes in circumstances and the SP is still where it is. Mr Market is saying there will be no takeover offer which is bonkers!

Unfortunately, Mr Market can always stay solvent longer than the rest of us.

I think we're in broad agreement but may have got off on the wrong foot! I won't apologise for disagreeing with what you posted but I'm sick of comments like "now Mondays in and out day traders have cleared off"! Just think about it and it's nonsense! Obviously, they haven't cleared off - they're just waiting to pounce again! Nothing said on here makes the slightest difference to the final outcome. At long last, ORR doesn't need rampers or derampers - the facts will speak for themselves yet Mr Market is still clueless. Can you imagine several gold mines all generating 1m ounces per annum @ $500 profit per ounce? How about $800 per ounce? How about the Gold price doubling? I'm a dreamer, not a ramper but bear in mind Downing Street has dismissed claims by the UK Army top dog that the UK needs to prepare for a Russian invasion! Who would you rather believe? I'm looking forward to being Private Godfrey in my local Home Guard except I'll be nuked before I know what's happening as I'm not far from USAF Lakenheath where they're planning to reinstall nuclear weapons. Just watch the new Labour Government under Starmer welcome them with open arms! Yet another US proxy war! Except Russia's next door to Alaska. £10 by Xmas? And then we're obliterated in January.

"now Mondays in and out day traders have cleared off" - what nonsense you do spout! ORR, more than most companies, has persistently suffered from rises being sold into and long may it continue! The sellers last Friday would've been caught out by it rocketing 33% on Monday morning but normal service was soon resumed. It's looking like ORR will continue to be very undervalued - maybe a rejected takeover offer might change Mr Market's dim view?

The current SP is bonkers - should be over 1p by now with such a bright future ahead.

Talking of which, I hope that when ORR has cash coming out of its ears due to mining multiple highly profitable mines it will buy back many of the shares which have been issued in the past. The sooner they start the cheaper it will be!

" I have bet the farm on ZIOC & 'need' it to come right. I think it is quite possible they are indeed ironing out details - I am 'Mr 20%' who believes this can be achieved via a 20% placing/asset disposal based around NPV - which would be a staggeringly good deal for ZIOC shareholders." Does that mean 200p per share anytime soon? So many investors' futures are reliant on ZIOC yet it goes nowhere and will probably hit 7p next week. The BOD should be ashamed. Unless, of course, future value bears no relation to the SP and then we're into the stratosphere! How could Mr Market get it so wrong?

When has that stopped a company being worth £billions? Not quite the case here but MMAG has enormous potential.

And a higher profile would certainly help - only yesterday I bought a CD from Amazon for £12.03 when it was £11.59 on MMAG's website. Before buying I looked on eBay where it was far more expensive but forgot to check MMAG's website.

I was wondering who'd be the first to spot that!

And still the SP is way below 10p! Looking forward to the suspension of the shares following a takeover offer. This year? 2030? 2130? My gravestone and many others: I wish I'd invested less in ZIOC! Please get a move on - I need the money!

Maybe the second sentence is enough? It's certainly got this twat rolling in the aisles.