Member Info for Mitch984

I did post many months ago that I was highly suspicious of the myriad of unknown organisations involved in buying out Glencore's share, especially with the absence of the required TR1 filings meaning that ultimate beneficial owners were unknown in some cases.

Many thought that the mining reputations of the heavyweights who were named would be enough to prevent us smaller shareholders being screwed over. I was dubious about that, but hopeful that would actually prove to be correct. Sadly it hasn't.

I am most angry about AT's involvement in this. Despite claiming in many direct conversations with shareholders that he was working hard in their interests, he clearly wasn't . He is heavily involved with Vision Blue alongside Mick Davies, who is now one of the several industry figures that are screwing us over. On top of that, Zioc have given him "permission" to offer consultancy services to RAM. Talk about fingers in too many associated pies!

Don't forget AT's role in this. AT and Mick Davis are partners in Vision Blue, so are as close as can be.

Unless we get an RNS at 7am, I can't see there being a "big reveal" at the investor event.

Zioc have to let the market know via RNS in advance of any announcement that might have a material effect on the share price.

If there is no RNS, it may well be a similar investor event to the one we had in London last year, aiming at attracting a strategic investor and institutional investors.

I hope I am wrong - my fingers and toes are crossed!

I really do not want to be negative with being a shareholder for so (too) long, but how do we know that the investor presentation at Indaba tomorrow is not another step in their seemingly never-ending quest to nail down a strategic investor? And no more than that? Where better to hold it than Indaba, after all.

I do agree though that the unprecedented and unusual trading pattern this past two weeks does mean that something is going on behind the scenes. Whether its directly related to the presentation tomorrow remains to be seen.

I am also not optimistic that Monday/Tuesday will be a big reveal. My guess it will be the usual update on strategic partners - that they have several interested and negotiations are ongoing. I don't think any strategic partner will commit fully until after the elections.

The share price rise late last week has been seen dozens of times before with Zioc just prior to a scheduled update.

What was highly unusual this time was the huge number of small sells and buys to keep the share price at 7.40p. That has never happened before with Zioc - and hopefully we will get some idea this coming week as to why it occurred. Good or bad.

GGG - thank you for possibly the most accurate explanation of the last few week's trades that I have read.

I do hope you are right - I have slightly less shares than you now (I lost patience earlier in the year and sold a chunk), but as I am sadly getting older and older, I really am hoping for a positive announcement next week! As are all of us long suffering long-term holders are I'm sure!

Hi ATG,

I agree completely that it is a case of wait and see.

My point really is that I have never seen trading like this in ZIOC in my 8+ years of being a shareholder. I also have no idea what is going on, and was just throwing in possible explanations.

But then "having no idea of what is going on" just about sums up the past 8 years of my ZIOC share ownership! :)

Futsal,

So you are saying this is just normal trading??

Take today as an example. 472 trades compared to the usual daily number of 50 or less. This has been going on for the last 7-10 trading days. Normal? I don't think so.

Then look at the trades. A huge number of small value sells and buys throughout each day keeping the share price in the 7.40 to 7.60 range.

There are no market makers on AIM. The share price is determined solely by computer analysis of buys and sells.

Conclusion? For whatever reason a current shareholder or shareholders is/are deliberately keeping the share price within this range. There is no other reason for the daily trades recently being 10-20x the usual number without any significant movement in the share price.

For what reason? Your guess is as good as mine. We will all find out sooner rather than later I suspect.

Is it manipulation? In a way yes - perfectly legal manipulation. is it normal trading? No it is not.

Futsal

As GGG rightly asks:-

"So, who do you think is manipulating the sp Futsal?"

We await your reply.

...and lets be clear, this is not manipulation by middle men.

This is manipulation by existing shareholders constantly selling small amounts at 7.40 to 7.60.

The share price manipulation to me is the most significant development of the past month. Possibly even more important than the upcoming briefing.

Something is going on - whether it is good or bad for small shareholders remains to be seen.

"For 8p the price paid would break records for buyout price paid for a start up potash company."

Exactly. The offer price will be far closer to 3p than 8p in my view, judging by the RNS's listed buys and sells.

"The application looked good, but what's stopping bigger companies copying and improving on alludium?"

Exactly. This.

If there is any demand for something like this, OpenAI, Meta, Alphabet, or Microsoft will already be working on it.

I tend to agree with Extrader - that they have been brought in by the new investors to beef up the strategic partner hunt.

My guess is that the new investors are slightly unimpressed that Marty and AT have still not landed anyone who has displayed really serious interest. Hence the arrival of Tamesis, the revamped website, and a new Corporate Presentation.

Hi Beardozer,

No connection with ZIOC other than us both being very long term (and disgruntled) holders. However I noticed that you posted in the CTAI board and are sitting on a quick decent profit. Totally your call of course, but I would recommend taking that profit as soon as you can. This is a total sham pump/dump company - if you have time please scroll back to my post about them about three weeks ago on the CTAI board which detailed what they used to do before their name change. They did this with a Covid app, then with a Blockchain app, and now with an AI app. The directors make their money by issuing themselves warrants, leaking totally spurious rumours to pump the share price (currently posting on X that Nvidia "might" be interested), and then selling their warrants and banking their profit. Its rinse and repeat.

Not to say that you can't make money by buying and selling at the right time, but CTEA is not a long term investment.

Apologies to other Zioc investors for having to read this. I have no idea how to direct message.

The only conclusion we can all draw from the new website is that they have not yet dound a strategic partner/investor, and they are still touting for one. Despite two years of Marty roadshows etc etc.

This is no huge surprise to me, as nobody will invest money in this country until after the elections in 2026. Especially now they see the issues Simandou are having.

Things should move along next year after the elections - the new shareholders know Zanaga is not a dead duck. But - still (yawn) - nothing will happen quickly unfortunately.

"How comes I read it differently as many interested parties and started to apply to potential client system."

....because that is exactly what they used to say in their previous incarnation about their covid and blockchain applications.

I do not understand how investors can believe that a bunch of amateurs with no prior experience in AI and with a company that has no significant presence can compete with the billions being invrested by Meta, Alphabet, Apple and all in research and development.

Do you really believe that a small company with no money in the bank can come up with something that has not already been thought of by the big boys who have billions to put into developing it? Come on. Think about it.

"So i suggest you toddle off somewhere else. "

No I am not invested Lewy. Hpwever I lost money when they were Catenae and did exactly what they are doing here.

However as you clearly know 100% what you are doing with Catenai Plc, you must be one of the investors that already know about their history, and have faith that Alludium is different to their previous failed Covid and Blockchain apps. Oh, and that the directors are not making money by pumping and dumping their warrants as they did with Catenae.

When you finally accept that Catenai Plc have pulled the exact same trick, I do hope you will remember my post, which was made in good faith and to make sure potential investors research the previous company name before making their investment decision. In the meantime, I will toddle off as you suggest.

There wil; be no "news" other than perhaps a vague company release about possible interest from an organisation that really has no interest, or maybe even signing a totally worthless contract with one of the directors' associated companies. Both designed to temporarily boost the share price so they can profit from more of their warrants.

This has been their modus operandi with their previous companies.

Just for anyone on here who missed my post last week and do not yet realise what a scam this company is, here it is again:-

"If anyone hasn't already done so, just check into the previous incarnations of this company under different company names (Catenae and Milestone). What you are seeing has been done several times before, and it really should not be allowed.

It was a covid vaccination app during covid, then it was blockchain, and now its AI. In each case they announce totally spurious "interest" from third parties with the aim of getting the share on the AIM leader board. Potential small shareholders take a look, see the company is (supposedly) involved in the current hot topic of the day (AI as of now), decide to take gamble and buy in - which then pushes the share price up so that the company directors can cash in their warrants and make a huge profit - all at the expense of small shareholders. The share price then of course crashes.

They don't do anything illegal, but its just rinse and repeat. Nothing will come from Alludium, as some have already realised. They will get no clients, nobody will buy it - just like their covid vaccination app and their blockchain solution. But getting clients is never their intention. They make their money from you guys."

"Is this going to start moving back up ?"

Depends entirely on what they agree as a price per share if the sale goes through.

The big trades have been mixed - some sells below 3p and some buys below 3p.

If big investors are selling under 3p then that is an indication that they don't expect even 3pm as the sell price. However the big investors who are buying clearly do.

So still totally unknown, without any real indication which way this will go. Personally I don't expect much above the current share price unless we have competing bidders/buyers.