Member Info for millerston

All ZIOC shares are pari passu .

Ex,

(1) You would prefer more dilution ?

(2) It's a fund raising not an exercise in housekeeping.

(3) Pretext ? No they're telling you it's for bulk sampling, $1.6m.

If $1.6m spend balloons to$3.2m RAM will reimburse us $2m. Not getting an open cheque book.

Shard deal cost us money, was slow with unpredictable cash flows and was opaque. Were Shard favouring anyone and at what price ?

Thursday's fund was more efficient and transparent.

(4) How do you propose paying the directors deferred fees ?

Directors have chosen shares over cash , what share price should we use to calculate their share entitlement ?

(5) You agree the Placing was a good thing?

Retail investors were not left out. The had a small window of opportunity, all night to sleep on it and the door was held open for them to buy in at

much the same price as the concert party on Friday.

(6) "token disclosure"

Nothing token about it. They have disclosed the concert party control 32.67% of ZIOC shares. Greymont et al are private companies, the

constituent shareholders are none of your business.

TR-1's are not applicable. Their shareholdings were disclosed when they funded the Glencore buyout.

(7) "twin track approach"

You've lost me.

Company has raised $7.7 m overnight.

Strong institutional demand.

Finally !

Moneyman,

I'm £52000 down on this investment.

As of 30th April company had only $300k left in the biscuit tin, speed is of the essence to raise cash.

Raising cash from insiders gets the job done quickly without paying underwriting fees.

The Shard fund raising has been suspended as too slow and cumbersome, raising negligible amounts.

Fill your boots !

Moneyman,

I'm £52000 down on this investment.

As of 30th April company had only $300k left in the biscuit tin, speed is of the essence to raise cash.

Raising cash from insiders gets the job done quickly without paying underwriting fees.

The Shard fund raising has been suspended as too slow and cumbersome, raising negligible amounts.

Fill your boots !

ZIOC are at long last going to break ground.

Might even take a trip out to see it.

Those royalty fees will soon be gushing out like a one armed bandit on speed.

Dustfilter,

LOL

You're upset you haven't the chance to invest more money in this rip off company.

Like I said, I have a feeling they will hold this price to the end of June.

Back up the truck !

Dustfilter,

The share price has been "walked down" to 4p. PI's are being given the chance to get in at the same price as the insiders.

My feeling is they will hold it at 4p till the end of June and then release the brakes.

Dustfilter,

"The Launch of Placing" document explains what the funds are for.

I'm feeling slightly more confidant that we will start to gain traction.

Being "best and strategic" doesn't keep the lights on.

Big private investors propose putting in up to $150m. Of course they get inside information.

How do you propose raising development capital ?

Why is it "an effing disgrace" to raise money ?

"why do we need cash" ?

The RAM deal may not go through ?

Corporate action now showing on ii .

Had some spare change lying around, just went for it and subscribed.

I'm only 52 grand down on this pos.

I was notified after 5pm by ii of the retail offer but when I logged in there were no corporate actions present.

According to the email it may mean that the offer is already closed.

Shrewd,

The retail offer closes at 9pm this evening !

Count me out.

Averaging down is not a good investment strategy with any share and in particular this share.

NewKOTB,

No, I'm not anybody's stooge, just another mug punter, but I know bullshiit when I smell it.

Your NPV fantasy could last only till the first real offer came along.

Fight Watch, China, Vale, Saudi, Pilbara rust........... all bs research.

This is now actually quite funny.

It blows a hole in the NPV narrative.

NPV of 400p is contingent on receiving several billion dollars of capital from somewhere.

We haven't got a pot to p!!s in, hence todays capital raise. Fill your boots, there's an iron ore mine at the end of the rainbow

" the bummest bum deal of all time"

It only feels like that if you bought into the fantasy of NPV of 400p/800p.

Some posters were very convincing with their "research"

Remember the good old days when they were tracking flights across the globe ?

Shauny,

I assume the "multiple entities" were just tyre kickers, corporate time wasters.

No offer worth presenting to shareholders.

Do you think the Board kept half decent offers from shareholders and waited till RAM came along with their crap deal of the century ?