Member Info for jv123

Thanks Ex. Where are you in the process now ?

You could look at it in another way -

If the deal was credible, above board and good for all, then I’m quite sure they’d be willing to engage. Their silence says it all.

Ex, has ZIOC /RAM engaged in any form of dialog as of yet ?

Well done Ex & team. Efforts much appreciated.

The current stalemate of the SP would suggest your view is not shared in the wider market. That may change as we move closer to the EGM but, as it stands, the response to this deal is a negative one - and rightly so.

When you have to come out and justify how good this deal is (investor-meet), you know something isn’t right. Good deals don’t require justification!

Living - your logic doesn’t stack up.

“Everybody involved with Zanaga over estimated its value “? Are you suggesting they misled the market and therefore investors ?

That’s how it looks and feels.

Sorry, we got our sums wrong and didn’t fully understand the market.

That ain’t acceptable my friend.

There asset is supposed to be of the highest grade - the future of iron ore - green energy and all that, but yet they have no strategics willing to negotiate a deal ? Really ! That’s a red flag straight away! Why no other offers? Doesn’t make sense !

Then, out of the blue, a back door deal is done and PIs are told to be happy with 15p a share unless you want to wait another 13 years to get the return we said you would get in 5 years -based on our NPV valuation, which we mistakenly used to mislead the market in the first place.

It’s utter BS

Bloody phone! Excuse the typos

This part should read

it would seem, that the old ppt is not a good representation of the value of this asset - WTF ?? I’ve been misled !

Firstly, I am no expert - let’s make that clear.

But, I’m not dumb and naive either.

Hands up any LTHs who bought Zioc shares thinking 30 years down the line? I guarantee no one. Aim shares tend not to be long term investments. Some of us will at one point paid 15p a share, but we are now being told that 15p a share is fantastic value creation - - over a decade!! Utter nonsense.

Shareholders invested here because the saw an opportunity to make some very good returns over a relative short term. The company presentation laid out that opportunity in facts and figures. Now, it’s would seem, that old ppt is a good representation of the value of this asset - WTF ?? I’ve been misled !

You can’t change the goal posts half way through a game.

The reason this deal is so complex is because it’s meant to be. It’s easier then to mislead or hide some of the important detail from the market.

Anyways, I’m not impressed by what has happened and I now don’t trust the board.

No reply to my last 2 emails. Disappointing!

Zioc are not being transparent.

Zioc have created a finance deal so complex that the market doesn’t understand it.

Zioc have now openly admitted that their previously quoted NPV figures (for valuation purposes) are not relevant anymore.

Zioc seem to think that the SP reaching 15p is somehow a major win for LT shareholders.

The current deal is a bad one for longterm PIs - they know that, so they have tried to sugar coat it with BS. The market sees it for what it is - a dodgy deal.

Has this deal been put in place as a headline rather than a actual plan? Was this a pre election stop gap agreement in preparation for a full buy out pre June EGM ? Thoughts ?

Is there a specific reason for collating this information ?

Are we staged for a buy in or buy out ?

Thoughts ?

Does the current SP really matter in the grand scheme of things ? Surely a resource of Zanagas size and quantity- and global significance (their words) will be bought out by the big players in the industry?

In the old presentation, there was a comparison slide which seemed to illustrate that Zanaga was the ONLY world class resource not in the hands of industry majors - does that not tells us something ??

Why would Zanaga be different ?

*liquidation*

What Looed stated is taken from AI.

Now type in : does FRR shares automatically transfer to FRUS after liquidated is complete.

The answer appears to be YES. Try it

Email from Soag.gov.

Just had a reply to say cancellation is temporary. Block current remains free from licence.

I’ve received notification to say the tender for block 12 has been cancelled. There will be no announcement on the 27th.

Some great posts over the last couple of days - MM/JLiving 👍.

Although it’s painful to watch the SP drop week on week, I don’t think it really matters in the grand scheme of things. It feels like AIM has served its purpose, but now its down to value creation through sale or otherwise, based on NPV. I have no doubt that the asset will be developed - it’s just about when, who and at what price. Soon would be good though 😬

I find it odd that the SP has dropped 60% in 2024 despite it being the best period for positive news.

Whats the market not getting ?