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BIG RISE .
Just also worth mentioning in the last 12 months the sp has risen from 0.66 to today at 3.24 .
That is quite a rise .
I think perhaps LTH loyalty may yet be rewarded
In the auction that closed on 27th February 2019, 466,000 shares traded at 3.24 pence per share.
another nice little rise in the sp this month but a large increase in the shares wanted ?!
Steady away Zincox
GLA
Yes agree it would have been nice to be asked , having been in here for years and bloody years since the Oxford advanced services days i consider myself a very long term holder and the sort of holder it might have been nice to reward with the chance to ave' down .
It is in a way encouraging that the 159,185,680 new ordinary shares at 2.5 pence per share were sold and the sp is not now languishing at 2.5 as is usual with placings , but has risen to 3.6 , very nice for those that got the chance to top up or buy in at the placing price but also a little reassuring ?
p~~~~d off , a little , but maybe long term a step forward ?
I'm lovin' it , but anyone know what's going on ?
Wow ......
According to the Australian Petroleum Statistics issued by the Department of the Environment and Energy, there were 98MMbbl of crude oil and condensate produced in 2017-2018. The figure is made up of 8,145ML of Crude Oil and 7,512ML of Condensate. In comparison, Doreimus is claiming at P50 that there will be 707MMbbl of condensate from EP487. If that were to be true, I would say we are dealing with something worth taking some notice. Even if they were 10% correct, that would be 70 MMbbl which is almost equivalent to the total crude oil and condensate produced in 2017-2018 from Australia.
And .......
What is a bit on the unbelievable thought is the size of this field? The size of what Doriemus is talking about is BIG. I have worked in the mineral resource sector since 1992 and have never worked a day in the oil and gas industry. Taking that into consideration, I am just a bit perplexed with the numbers. Let’s take the scenario that those figures were correct and Doriemus and Rey Resources are happily producing those numbers, what kind of money are we talking about? What would their share prices be? Imagine if that just came from the Butler prospect and the Basin Centres Gas System within EP487.
707 MMbbl of condensate
28 TCF of recoverable gas.
Whatever the final figure is, what I can say is that the shareholders of all companies involved will be happy.
Good find dsfat
Life in the old dog yet ?
And another interesting day , what is going on ?
News please .
Just out of interest is anyone prepared to admit to giving our resident educated troll a "recommend " ( thumbs up ) for his posts ?
I am always amazed to see his posts ALWAYS get recommended at least once??
Any one doing that for him our is he recommending himself on every post he makes ??!!
LOL
ohhh , my heart stopped a litttle there ?!!
just over 5mil traded on Nex
Nice link djframboise .
We are defo not dead yet .
Big changes for Zincox this quarter i'm hoping .
GL
Should be an interesting last half hour ?!
Has there been some news i've missed ?
Almost makes it look like they have a plan ?
Who knew ? !
I don't post often but
Roll on 2019
Happy days all round .
Happy new year everyone
and many , many thanks to spud and mcadder for all the effort you two put in , makes reading this board worth while . All the best to you and yours and all LTH
Yea me too , Lancygeo , if this works out for us we will be looking really good again .
Moxico Resources PLC is an unlisted junior British exploration and mining company focused on copper in Zambia. Moxico intends to list its shares on a recognised stock market in the first half of 2019. ZincOx holds a 4.94% interest (12,500,000 shares) in Moxico which it acquired in 2017 at a price per share of 6p. Moxico has recently raised approximately £8.5 million at a price per share of 12p.
Moxico is building a portfolio of copper assets in Zambia. It has two principal projects, Mimbula and Kalengwa.
Further details of Moxico can be obtain on its website, www.moxicoresources.com
Please find below the final order book for the ZincOx Resources auction that closed today at 4pm.
In total 19,272 shares traded at 3.0 pence per share.
Price keeps going up !
RNS OUT
Where is everyone today ?
Small fry too in comparison , but my £5k worth are in too if they help .
Wonder if there reading as we type , sp up nearly 7% ?
Good rns , everything seems to be going well ,at last !!??