Member Info for beardozer

Always been a strange share! Are we at an all-time low? Could some entity be accumulating shares while others can't buy? I thought MMs were supposed to provide an orderly market. Experiencing similar shenanigans with ZIOC. Could be good news if takeover offers are imminent. ORR is certainly a bargain ATM! I demand at least 1p! Not what I was hoping for long-term but it will do. If Mr Market can't value companies correctly, other people can! GLA

I'm deeply touched but I think Kutzz with a shareholding 18x mine would be a better candidate! As for the ORR BOD, I think they're doing the best they can under very difficult circumstances. Another nail in the coffin is: is Gold's "safe haven" status justified in the 21st Century? With the world on the brink of a possible WW3 its shine appears to have faded. I'm amazed the situation in the Middle East hasn't escalated - if I were Syria I'd be bloody annoyed that I was being bombed by Israel! Then again, maybe that's the way it's been for years - WTFDIK?

So Shard bails out at 1% of what they could possibly get? Suddenly I see how it works!

We're in the gutter already so why keep digging? You win some, you lose some - TOM is the ultimate binary bet!

ORR will sink to 0.01p and then it's all over! Discuss. If everyone gives up it's a foregone conclusion! I think before that happens some form of cavalry will arrive. 0.2p by Xmas? Or, perish the thought: 2p if a JV materialises. Failing that, another one bites the dust! I can certainly pick 'em so please avoid the rest of my PF: GRX,JAY,KP2,LOGP,TOM,ZIOC

Except they all look attractive prospects if only the wind's in the right direction. Otherwise, they're very smelly!

Hi extrader, I'm obviously out of my depth here so thanks for your input! It's very hard to differentiate the hard facts from the optimistic froth but maybe they're not so different. I don't usually emerge on Tuesdays so I think it's time I stopped commenting or I'll only attract more abuse. What I'd like to see is more comment about the expected SP - is £6 so unrealistic?

"Clear suppression of SP today imo" - if so, why aren't punters piling in? Do they only pile in if the SP is rocketing?

The sooner the RNS arrives that announces a suspension of trading pending a possible takeover offer the better!

It's the only way LTHs will get to see a jackpot. I cannot see the logic in ZIOC choosing to develop the mine itself, even as a free carry, in a JV with a Chinese entity. What I'd like to see is an American miner putting its cat among the pigeons and offering £3 per share for ZIOC. The Chinese, not wishing to lose face, would double it to £6. Happy Days! The absence of any American hedge funds among ZIOC's shareholders might hit that idea on the head.

You've done a grand job but I think it's time you threw in the towel.

I only wish I shared your complacency. Don't you think there have been more than enough "buying opportunities" already?

I'm depending on ZIOC to buy me a house and the current SP is illogical and something you should be concerned about!

"Strange the usual protagonists of doom are no where to be seen this morning!"

Fear not Eddsy, one of us has arrived this afternoon! Yet again, ZIOC defies all logic. Whoever paid 8.8p this morning won't be too happy with the current SP. Mr Market continues to doubt the imminent arrival of any jackpot, however small or large, in any shape or form. Fact.

"Hard for management to go wrong from here you would think unless they keep flogging the same old horse." Quite.

I can understand buying mail order from a specialist who supplies the types of wines you won't find in a supermarket but what differentiates WINE from a supermarket? Only this morning I shopped at Sainsbury's who had 25% off 3 Bottles of Taste The Difference wines. I bought a Trentino Chardonnay, a Portuguese Alvarinho and an Alsatian Gewurztraminer.

The latter was £10.50 less 25% = £7.88 which was an absolute bargain - a price from 10 years ago!

"How much for all the wine, the client list, and the set up "Angel" Channel = £80m?" No chance - better to wait for them to go bust and buy it for peanuts. Maybe VINO would be interested? And bear in mind that the wines are not the sort that increase in value - they are very perishable!

VINO and WINE now have very similar Mkt. Cap. after WINE's plunge. Just hope VINO isn't finding things as difficult as WINE is.

"Alas I speak fluent Cantonese/mandarin, but cannot read, or write!" Please explain. Apologies if that request is offensive but I'm autistic.

When you consider the potential rewards a £3m Mkt. Cap. is ridiculous but we are where we are. ORR is not alone - there are plenty of other undervalued commodity shares. I suspect Mr Market thinks the human race will be extinct before it needs all the commodities.

Surely ZIOC has a UK investor who reads this board who could translate?

"50p before Christmas is the price increase I am after." And then sell? Could very well be a good call. With all the information that's in the public domain and after reading all the very informative posts here any new investor would think ZIOC is a jackpot waiting to happen. I still do yet the SP is where it is. Considering how many shares are N.I.P.H. it's very surprising the SP isn't a lot higher. Obviously, Mr Market knows something all us long-suffering shareholders don't.

Incidentally, at the moment I need 153p to enable me to buy my dream home. Should ZIOC receive a £1bn takeover offer I'll have plenty of change to spare and whoever buys ZIOC will have bagged a bargain.

I note the removal of HawaiifiveO's unhelpful post about another Lanstead Sharing Agreement. According to their website "Management must be able to demonstrate how Lanstead’s funds could support growth" which implies ORR satisfied that requirement and all that's needed is more patience. The website also states "Many of the companies with Lanstead on the shareholder register have benefited substantially from the accompanying sharing agreement, receiving more cash than the original placement proceeds without having to issue any additional shares." Unfortunately, that implies some companies have received less cash than they were anticipating. The sharing agreement is in its early days and there's plenty of time for things to change dramatically. I continue to expect the unexpected. Thousands wouldn't.

Obviously, today's the day to buy KP2 - not several years ago when I paid over 1p.

"Darkest before the dawn is an apt description of our predicament. It's a great entry price now but I'm holding off as I'm already over allocated here." That's often the problem and having already increased my holding by 50% and paid a lot more than 0.09p I have no further funds available either. It's interesting Eileen hasn't bought more shares at this bargain price but she's probably in the same situation as me. I remain confident something is brewing and her faith is vindicated.

Funds permitting, I finally got around to investing in JAY at what I thought was a bargain price yesterday only to see it plunge further today! Is every small miner destined to keep sinking?