Member Info for rizq786

I think there's too much negativity here as everything is being given a negative slant. The share price is poor I get that and I would've liked it be higher but give the company a break. It seems everything is their fault. If swing trade is your method then good but of its long hold then see if the company is rasping it's prospects. I can see that the drill results are good and if the incoming ones are good them we become a target for a major. Simple.

There's no need for negative language against anyone you disagree with. China has raised few valid points in that some of things that were bigged up have failed to actualize like the gold asset being a target or the small plant producing. But on the contrary we can say there has been progress on the drilling side as we've had some good grades and the prelimenary work has been done to identity potential drilling targets. So in balance I would say listen to ceo but don't take every word as gospel.

He said they're in advance talks for one of the gold assets and he wants to get best value so let's see if it materialises or is given another spin.

Amazing insight from China blue, that Zamsort probably knew that there is anything commercial in here. And how would they have known that without drilling ?

I understand your frustration but can't be plucking negatives from thin air.

Someone asked previously about mcap so we have 148mill shares x 4.8p share price equals mcap of 7.1million. I think the question was more about NAV net asset value; what are our assets worth. No idea on that as the company haven't produced any themselves and we don't have clear indicators to hazard a guess.
Agree with JJAL the company needs to come clean with an rns statement about everything. They have sold us lies and RP had the audacity to give him self a bonus when he wasted millions and was sat on liabilities.

What's is the better way forward of running this company for Nick T?

The new CE needs to move away from old methods of RP the con and scam who milked this company. Ever since the first oil flow he's been milking the company and the SP was at 30p then with a income from ED and lumps too which he has blown away. The word severance probably tells of him being sidelined which is a positive but he's almost bankrupt the company. The CE needs to do a conference call so us distressed shareholders can get answers to our queries.

He needs to remember the sp went from 30p since the initial ED drill we've come down to below 5p with hardly any cash left so he needs to be real and act accordingly.

Just looking at sdx it's at a very low sp, remember seeing it around 40p. Can someone kindly tell me what the causes of the decline are?

Thanks

This rns is only small part of the plan as most are not convinced about numbers and most importantly about future finances. Once bitten twice shy. They said there in discussion with distribution in UK, no mention of that. There's been no mention of the plant and wholesale talk so there's very little to get excited about from the rns and even little to give us firmer outlook for company delivering on their targets.

People here making judgements on 20% up or 20% down. That's true for swing traders whose game is to make this percentages and of they call it right then good. It's also true that the swing traders are full of ramping and deramping to suit their positions. But for longer term holders the strategy is to build a stake for the longer run and envisage a bigger target either discovery, development or jv, production or sale and maximise on those milestones.

The director buys, equity drilling or shares for salary are all in the long term game. Yes people can change their positions depending on company developments and I thinks that's good.

The latest story here is of the possibility of poetntial tier 1 dicovery followed by a jv or outright sale. Obviously there's no guarantee, but so far everything is going well. The drill results have been beyond management's excpectation; there's NDAs with Majors who have said positive things about results and company developments; the jurisdiction is positive as there's operational mines around. NDAs with Majors is a sign of interest so if the results are good then cant see why majors wonts make a move. So all in all moving in the right direction and of we're lucky and they discover tier 1 deposits then good luck to long term holders.

https://www.kitco.com/news/video/show/Kitco-NEWS/2458/2019-06-25/Theres-a-Serious-Global-Helium-Shortage-Heres-How-to-Profit-From-It.

Talks about copper too

NV'S addressed the issue of outstanding warrants and option and there he mentioned that they're interested in increasing their holidng. They have over 100mil warrants at over 5p til 2022 to convert. So that's what the suggestion was.

This is good rns to indicate there could be good interest put there and there's chance of surprising rns.

I have two issues here, firstly the rns does not give any financial details as to what price is agreed for the supply and secondly the ceo hasnt earnt the right to be trusted in what he says yet as he hasn't managed to convert potentials into actuals.

So a good step but need to see more.

Good luck all

As much as I hate the way RP is running this company like lifestyle company, no junior company would ever say no to fundraising opportunities.

Bonus year end march 18 was 69k total remuneration was 339k
Bonus year end march 19 was 147k total remuneration was 417k

The corrupt ceo needs to stop this and deliver shareholder value. The company has lost over 70% of its value in the last 2 years.

RP is an absolute disgrace and he needs to take responsibility for the companies failures and financial failures. Not one of our prospects have been advanced in the last financial year instead we have wasted money on West Denver and lost 260+k on Helios 2 and the other prospects have not gained any momentum. Water services seems it's not going anywhere and DTU we can forget about for now as what they said that was supporting the case for DTU, Bashing, land mark ruling, Promoting and even our own Nitro supply, nothing has managed to get a single order for DTU. Nitrogen is the real dissapointment as they keep on saying they're excited and presents a very promising opportunity yet not made any in road. And RP is responsible for all these over exciting the shareholders and then not delivering. He's a failure in my opinion. But this latest CBD opprtunity is his last throw of the dice, if he fails here, he should resign.

The CBD is a good opprtunity IMO and if others handle the manufacturing and they only focus on this then hopefully we can have some respite maybe even gains.

Good luck all as we need it because we have RP at the helm.

You're suggesting insider information which is dangerous. SP can react for multiple reasons.

We can safely say that the twitter post is not intended for attracting buyers for Zanaga, nor is it to attract investors to zioc shares so what's the purpose? I think it's indicating that iron is an in demand commodity and there's a lot of M&A activity and zioc maybe involved in some talks as it's great resource with great economic viability. Just my opinion. High risk and high reward.

The historical spend is around 20 million as per Proactive writeup. I think there's great potential as it's a billion dollar project which they retain 40% of but the future funding requirements still need finalising.

The link to the interview please

Like I said before, getting the teams thoughts on wider interest in ziop would be good

That's the frustrating part that the company identifies good opportunities but then can't fully develop it either because it can't market or secure necessary funding or contracts or off takes. The water business is a good prospect both with the epiphany as well as helios excess water. But they said were in advance discussions 4 months ago and since then there's been no update. As investors we can never make an informed decision because they don't provide enough details, breakdowns or future projections which we can Base our investment decisions on. We were promised brokers note and later some sort of note on our prospects but nothing materialised. From these lows if they can focus on something properly and channel their resources to it we can climb up, probably not enough for LTHs, but new investors can make money only if the company focuses. Good luck all.