Member Info for DrRemington

Sounds like it could be a nothing RNS then, saying maybe talks are still progressing with the Chinese. Did he sound upbeat at all or were there any tears?
Cheers Extrader.

If that was the case surely they’d just release it, unless of course, they were waiting for something substantial to be put into it that is very close. Time will tell, I’m looking forward to hearing what’s happening with the talks with Chinese, positive or negative we are overdue for an update.

Really good informative posts. Thanks all.

Doubt we’ll see the 3-4p days again to be honest, I’ll happily add more if we do. Blue day on the cards? The funding issue now sorted, let’s have a decent update.

I wouldn’t say we are rock bottom just yet. Still a measley amount of shares in issue, first placing they’ve ever done. Hopefully still in talks with Chinese, if they have soured surely a For Sale Sign will be slung up. The Iron ore market could not be any stronger and China still need to distance themselves from reliance on Australia. Logic says it will be sold.

ZIOC has the ability to repurchase any unsold Subscription Shares from SMC, subject to legal requirements - an important element of flexibility for ZIOC. Any Subscription Shares re-purchased will be cancelled, limiting dilution further.

Could have been worse ways of diluting.

Least funding sorted and low level dilution. Hopefully the update will have more positivity.

I previously bought in at 38p, if it goes near there again i'll certainly be adding more. Very good potential here.

Looking good, large money entering the fray is always a good sign. I’d be happy to see it break 50p and hold it throughout the week. I personally won’t be selling in any rush though.

Almost like waiting to be hung, hoping they’ve run out of rope. Twitter gone quiet hoping he’s saving all the excitement for the update.

Where’s the incessant ramping, most people just stating what they’ve read / heard...

I thought people would be all over it after the £0.5Billion sale announcement.

Opened at 51p?

Im in no rush to be honest, aslong as they don’t dilute the hell out of it I ain’t too concerned. Can’t see them doing that to be honest. With Glencore saying they’d sell previously, not specifically Zanaga, then why keep hold of something if they can get a few billion? For it. Our time will come.

Due to Neil Thomas dumping shares by the looks of this mornings RNS. All good for me, exciting prospect.

Hmmm wonder why all the sudden selling?

He’s certainly got a few bites of that was his intention. Wonder if we’ll see a 12p plus finish tomorrow?

Someone seems to be slinging them in 1m chunks. I'm in long term so not too concerned.

Got in here this morning at 38p, only 200 job cuts, good price to get in here.

I think maybe pain is more suitable in our case. Be intriguing to see what the update brings, just hope we are still in talks with China and they are getting to an advanced stage. If they have soured then the SP could reach terrible lows.