Member Info for NewKOTB

Almost 22 red days with a blip in-between.

6 month lock in , plus they don’t actually have the shares yet, but good try.

Why we are here :

"The Zanaga Iron Ore Project is a world-class asset with a 6.9 billion tonne resource and 2.1 billion tonne reserve, designed for 30Mtpa production of high-grade (66-68.5% Fe) pellet feed with very low levels of impurities. A 2024 Feasibility Study reaffirmed its robust economics. When fully ramped, Phase 1 and Phase 2 combined could make Zanaga one of the largest iron ore mines globally. With all key permits in place, Zanaga is positioned to capitalise on growing demand for high-quality, low-impurity iron ore, leveraging low operating costs and a cost-efficient slurry pipeline to the port.

In light of the changes in the world's economy, and the growing demand for low-carbon steel production, the Zanaga Project is well-placed to become one of the largest producers of high grade premium pellet feed iron ore...."

"thrown under the bus..", a dirty, polluting diesel one powered by Cummins 6.7-litre or the Volvo 7-litre engines, oh the irony !

aimo & dyor

Absolutely, "commence a formal bid process.." bring it on !

Upcoming Investor Day

"The management team looks forward to updating shareholders at the upcoming Investor Day on 18 March 2025, where they will provide further clarity on the ongoing strategic review process, financing pathway, and key operational updates and initiatives..."

My RR investment x10 today in little over 2 years, be good to see ZIOC at least attempt it now the shackles are off.

aimo & dyor

Tootight, agree, the door has now been picked open should they so wish, but at what price.

Glencore have clearly been a a major block on progress for sometimes, road block now removed.

aimo & dyor

All part of what's needed to shuffle the pack for future development, one would hope resulting in a material gain for PI's too

Also we now have 80% of the offtake, massive point not to be missed and a king-pin in negotiations too.

aimo & dyor

How quick a deal will be made now there is no GLEN to deal with.

I think a lot quicker than most would think.

aimo & dyor

Our new 'Key investors' will want even more of the pie, so expect them to be acquiring even more shares.

aimo & dyor

Also removes Glen’s blocking vote on any offer.

Well, didn’t see that coming, Glen are effectively out of the equation now, but WHY … !!!

Https://youtu.be/1WNz1Hru_9I?si=vo6DVPrn4flDsz4Y&t=1700

Worth a watch ....

Crack and hold >11.7p next week would be ideal for setting the ground for higher high.

aimo & dyor

Next significant target for me looks likely to be between 22-26p from Monday 3rd until 18th, RNS content and timing dependent of course.

aimo & dyor

Prior the WS deal HBR was in the unique position for an O&G company of having net cash, the only reason we are in a net debt position is solely down to the Wintershall deal that cost $11.2bn, current MCap of $3.25bn combined with $4.2bn is way below what we paid for Wintershall. So is the market not only valuing the pre Wintershall HBR stock at ZERO it's also discounting the deal too, MADNESS imo.

All oil majors have significant debt, HBR are no different, don't forget we refinance part of the debt recently on much better terms plus going forward ;

"Harbour Energy plc is pleased to announce that following completion of the Wintershall Dea asset portfolio acquisition, S&P Global Ratings and Fitch Ratings have UPGRADED the Company's Issuer credit rating to BBB- and the issue rating on Harbour's $500 million senior unsecured notes to BBB-. In addition, Moody's Investors Service has assigned a Baa2 credit rating to Harbour. All ratings have STABLE outlooks..."

AIMO & DYOR

We have never had so many straight red days with such a % fall since Sept 22 which was on the back of our results. This rapid fall on nothing but sentiment for me appears to be driven by shorts needing to close out and preparing the ground work. ITM is a sentiment stock for sure and always the easiest to manipulate PI's.

Cash is strong, development is strong, although sentiment weak, that will change but knocking >25% off a stock in little over a week for sentiment is pure madness.

aimo & dyor