Member Info for DrRemington

Not really much trouble for us at the minute, low cash burn and not producing anything. Glencore looks very cheap.

Don’t pay on spike is another rule, like you did Simon.

I agree the risk vs reward here is well worth it. I’m looking forward to the next update, see how talks are progressing. The BODs is one of the main reasons I invested here in the first place, I cannot see any skullduggery happening.

Sorry, hope we get the buyout we’re all hoping for, if so I’m going to buy the fish and chip shop he lives above and make it a shrine to Zanaga Iron Ore.

Lovely Extrader and only keep biting to him so he wastes more time on here, without any valid points of argument. I think he’ll be long gone by April

Wow..!02 Apr 2019 18:54
After having invested thousands of pounds in to this share over the last year, I am really excited by this latest interview by AT. I didn't realise a law had been passed by the Congolese Gov't for this project. Once it is at full stage development, it is going to be huge and I for one am prepared to wait. Like AT said, it is a unique project and in time, the big Chinese and Japanese banks will be forming an orderly queue to get a slice of the profits - that is if Glencore let them! My advice to anyone reading this, is load up now and do what I have done and leave them in a stocks and shares isa and just be patient. Your rewards will come.

Best advice you’ve ever gave Simon, shame you didn’t take heed yourself. Goodnight

My bad.
Here’s another:
The Zanaga project is ratified in law by the Congolese Government. One cannot compare this to what is happening over at AAOG. The AAOG drills etc have been plagued with problems and delays, hence why AAOG is struggling at the moment. ZIOC is a very different proposition. AS AT eluded to in a recent interview in April of this year, we know exactly what we have. Billions of tonnes of high grade iron ore. Once the infrastructure is in place, the project will be like one giant hub in the local economy and can be fully funded through JV partnerships, all buying in to this immense project through logistics and transport etc. This is not your typical p&d AIM share. These projects take time, but as long as you are patient, keep loading up at these low levels and sit back and watch it all unfold. GLA.
Or
I have been accumulating tens of thousands of these shares over the last 2 years. Have never sold any of them either. This is a unique share on AIM and unlike anything else I have invested in. Nearly half of the shares in circulation are held by a handful of people - hence the huge swings. Like somebody said earlier, nobody ever sells, so can be hard to get your hands on when good news lands.
What changed for you, struggle to pay the mortgage?

Just flicked through some of your posts Simon, seems all you do is drag down stocks and mock people. Except for these ones:
The reason why I am not selling is because I already have a low average, because unlike most investors, I called it right and waited for the inevitable back to back dusters. You said your average was 16p, wouldn’t call that low?

The big clue surrounding this share was the introduction of BOD incentives last week. That points to some sort of JV imo. Like many of you, I am heavily invested in ZIOC and have never traded a single share. It is unlike any other share on AIM and when the sp erupts, it goes up a penny a second. Quite frightening to witness! Heavily invested?

Question for you Eric. Are you invested in this share? If your answer is no, then show yourself out and close the door behind you please.
Hope you take heed of that last one yourself. Hypocrite.

I’m happy for him wasting his time on here, leave him to it. Pathetic, that someone spends so much time trying to justify posting here. Obviously got an agenda. I believe he’s too frightened to invest, therefore is trying to put others off.

Unlucky I’ve got loads in bank and loads in here. Your not going to sway anyone’s decision Simon, maybe advise your brother what to do.

Not sure why I even bit to be honest. Just a privately educated dumpling to be fair, nor is he the most popular character on here. Most markets are down at the minute so doesn’t take a rocket scientist to predict that. Wonder if his work mates get on at him for spending so much time on here? Enjoy all

Your a waste of snap and Bacca. Go monitor the EUA board on this sunny Saturday seen as your not invested there either. I’m dyslexic by the way, but still manage to run my own business and have more than likely lost more money in the bookies than you’ve ever had. Thank god for phones or id have never learnt to read and write. Thanks for weather advise.

How long were you invested here. You had a 16p average therefore that tells me you bought in on a spike in the last year or 2. They are now in talks with COIDIC, a mere virus is not going to get between them and hundreds of billions of pounds worth of Iron which their country requires. We will see in 12 weeks weather the raise your speaking of comes. Why your actually wasting valuable time here, even on a weekend is beyond me, seen as you hold no shares.

I dint think anyone invested here is interested in week by week share movements. I’m in here until there is a buyout or JV. By all means ask me in 3 years if I’m happy I invested here and you’ll get an accurate answer. At these levels I’ll just keep adding. Keep your pittance in the bank Simon.

Simon not everybody is a coward like you, scared to lose the pittance you had in here. I’ll leave mine in until the end, couldn’t care if I lost the lot to be fair it’s all a big gamble.

Andrew seems to favour you Sooty, he never seems to reply to me.

A mere virus ain't going to stop china's economy forever. They are going to need high grade ore, which we have in the ground waiting to be plucked.

Totally agree, Iron ore prices is rising, as is demand. Especially for the top grade tackle. Corona Virus will not be around for too long in my opinion. The funding obviously needs addressing ASAP>

Jumelles is Glencore and ZIoc....

Lets see how low it goes, I never imagined we'd see this sort of price after the news with COIDIC and the starts of developments within Point Noire. I'm going to hold out and wait until next news arrives. We need reassurance that finance is not a problem. I've emailed them but had no reply unto touch.

Im happy with my holding, maybe Chinese money won’t come here, but certainly someone will want to develop it.