RE: All in all18 Nov 2022 17:29
Bear:
IMHO I believe Zioc to be the greatest opportunity of a multi-bagger on the ftse.
I however do trade, so I brought a sh*t ton(ST), at 2p ish, and have sold a ST between 3.1-3.7p, I still hold a absolute ST (@ average 2.57p), and also have some “legacy” shares I paid over 10p for!
I think, having heard all the interviews & read all the RNS’s that we are going to attempt to enter into production (Small scale, initially), and then see “where we’re at”. Therefore I believe your waking up one day to a monstrous buyout is not on the cards at present (but maybe in the future).
I expect a climb to 40-50m MC, on release to the report, and if there is a way forward for us(glencore), to begin production at a low cost, then a further climb to 100-150m MC(although dilution would seem inevitable)…then finally to a buy out for 300-700m plus.
All is just my humble opinion…but I intend to trade up&down my holding(never out), so I may end up with a few million “free-carry)..thats just my hope/strategy.
Time will tell, I currently hold 4m.
Gla.