RE: Something isn't adding up here?11 Sep 2019 10:55
Does everyone here know that the forum is still ongoing? Details are yet to be given on what has been signed off. These may come at the end, or afterwards. Clarity will come soon enough I'm sure. I think everyone got a little over excited and expected all to be big news out yesterday. What's clear is the parties involved are the ones we need to be. Looks good to me.
We are getting there. Short term thinkers / traders can sell. I'm not concerned, the big picture is building nicely imo.
Jumelles have been busy with more than dso/epp. Talk of 12/18 mtpa can only mean 1 thing and that is they are prepping for the bigger project. Glen are running Jumelles and have yet to show they hand regarding the debt but china / imf are on board. I read this as the port is coming as necessary for SEZ and diversifying the economy away from oil dependence.
We don't how long but I am banking on soon. Risk / reward here very favourable now for me. Once the port is confirmed we will rerate much higher imo. The resource is too valuable and in way too much demand. Not to mention the value to RoC itself. This is the first time China and IMF have worked together to help a county restructure it's debt - take from that what you will ;)
Allthat - I'm a fan of the asset and thats it. My money is following my decsions. I agree it's dragged on but am still banking on game changing news dropping out of the blue in the near future - esp in light of developments in the RoC along with the current iron ore market - and thats why I remain invested. Buy when others are fearful etc.
It's easy to spot that if you are invested and you really believe this is years away then that is f-ing nuts and serves no purpose to state so on here. Nobody knows when, rampers or derampers. Balance is good, but bubbles are still bubbles.
Simple answer Shaun. A number of folks who post on here are not invested, clearly. Ever since the EPP they were posting very pessimistic (read: intentionally misleading whilst presenting themselves as being rational) statements. I have been in this stock since summer 2017. I am always open to differing points of view. However, the fact is, there are rampers and derampers that turn up on all these bbs. There used to be the former as well as genuine researchers here, this one is now driven by the latter. I have been playing this game long enough to differentiaite between these groups.
The fact there have been a number of posters that are here in perpetuity, and whom I have rumbled on numerous occasions tells me all I need to know. I don't get into it with them. Pointless and quite a frankly a waste of time in this precious thing we call life. They know what they are doing, when good news comes and drives the demand to new levels... well... I don't expect they will be here for long.
All imo fwiw dyor dbac
Don't bother asking me qs guys, I'm not responding to your twaddle.
Sp predictions are completely speculative. That being said. If (imo when) imf approve debt restructure, Port is confirmed as a go, epp / stage 1 is laid out / glencore pipe up etc. Any one of these will take us much higher. Even £1 gives an mcap of £280m. Joke stocks on AIM achieve that. 25p was hit in Sept on pure speculation and no actual progress. Glencore will deal, as will China once they have the RoC govt in checkmate (already done imo) Time will tell, I'm invested and when this asset is unlocked then bye bye pennies, hello £s. All imo dyor. That is why I'm invested. I care not what anyone says here. My money, and the risk/reward ratio is very favourable. Zioc can't raise their end for stage 1, nor can they dilute to do so from these levels. I have my own theories on how this will proceed. DYOR.
The lunatics really have taken over this asylum. I don't bother posting on here anymore because you guys are either deramping or clueless to remain invested if you believe what you have been posting. I remain invested and believe there is plenty going on that is to ziocs advantage in the near future and also longer term. Any delays in news will be worth it imo. As it's my money it's also just my opinion that matters. If you don't agree or are unsure then man up and sell up. Stop whining. Like a bunch of school girls.
Gta, I ain't the one peddling bs and calling others out as fake news. Your response says it all. You've either got your head up your backside or you have an ulterior motive. Anyone that thinks otherwise is a fool.
GTA without getting into the rest of it (coz quite frankly I can't be arsed), how are you pricing diesel at retail prices when it would be much cheaper to buy in bulk and that would obviously be done by any contractor etc. That hole illustrates you are not quite as accurate in your research as you might believe (or wish others to, either way it's flawed).
Just wait for the RNS that will / will not cost up the EPP, including the logistics of road transport as appropriate. With actual commercial quotes. Then we will all know definitively whether or not there is any viable option to proceed on this basis. Cheers buddy.
Nobody is forcing you to buy or sell Jinkar. We've all been caught out in the past. Learn your lessons and keep growing. That is the nature of this stuff and the only way to make any money here. If you need to talk more about it see a counsellor or talk to family and friends. Leave the bb for actual zioc related stuff please. Thanks a bunch.