Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Google showing a 10p close and up 3.3% on the day.
Good solid end to the week.
Purely a waiting game now for patient long term holders (I've had mine for approx 7yrs now).
No longer if, but when. Still silly cheap and anyone looking in for the first time can still bag the bargain of the century at 10p but that window of opportunity is rapidly closing now.
May I suggest us long termers get together for a drink or 2 after the big one lands. It'll be a riot!!!
It should be 50p right now which is the cost of proving up the asset.
My feeling is that it will go for between £1 and £2 sometime before year end (the sooner the better!)
Although the resource is worth multiples of £1-2, you have to hugely discount for risk and development costs.
It's now inevitable that Zanaga will be snapped up by one of the big boys of global mining. All the stars are finally aligning and I can see a bidding war for the asset coming as the Saudi's enter the fray. That won't have gone unnoticed by other parties including the Chinese, Aussies and Americans.
None of these guys will want to see Zanaga's 2.1bn tons of 65%+ high grade fall into a competitor's hands.
Once someone breaks cover, they'll all come out of the woodwork and we could well see a bidding war between 2 or 3 parties.
Hold onto them shares and don't be tempted to sell them too cheap.
Our BIG payday is coming. Soon.
1st major target is the 25p it hit in September 2018.
Now that the Saudi's are gearing up for diversification, and putting £billions behind it, that won't have gone unnoticed by parties interested in Zanaga.
They will soon be smoked out and it "could" be the start of a mad scramble to secure Zanaga.
Just Sayin'
Zanaga has to be the last of the world's largest iron ore reserve's yet to be claimed by a major.
After many, many false dawns down the years I genuinely think we are now at the beginning of the end game for Zioc.
It feels really close. By Xmas things will be very different here.
Just back off Arvia and a 2wk Med cruise
Pleased to report ship was 90% full and business seemed to be booming.
The cruise industry is back!
This is a game changing day for PFC.
It really is time to pile in now!!!
The stars really are finally beginning to align for little old Zioc.
Feeling optimistic here for first time in a couple of years.
Has anyone sold their Carnival shares prior to boarding and if so, did you lose your £150 on board spend?
Carnival website doesn't say anything about how long you need to hold the 100 shares in order to keep hold of the OBS.
Can anyone shed any light?
It was a week when investors should finally realise what a useless CEO he is.
Serious question:
Does anyone trust Prelea and his BoD?
Maybe the answer to that question is why the price has reacted the way it has today.
Jeez, the delusion on here is really something to behold. Talk of 3, 4 & 5p ludicrous.
Rises like this are normally to suck gullible "investors" into buying the spike before a placing.
Let's keep it realistic guys. £2 or even £3 isn't going to happen IMO. You just don't go from 7p to that in the real world. Especially now that Glen has the marketing rights sewn up.
I can certainly envisage something between 50p and £1 though and hoping it's nearer the latter. I've held here for 7yrs now and just want shut of it
Pro Trader, fil-turd.
I'm thinking this will slowly climb to 10-12p before settling until the inevitable deal comes (this year IMO).
Then who knows where we end up.
One things for sure, the shackles are off now and the game has changed.
I'm sorry but I can't Bear this!
I think everyone is just waiting for the inevitable "deal" that's coming.
What that deal will be is anyone's guess but I predict the share price will go beyond 20p this year.
I completely agree with Ironhide.
For those in any doubt about Tiburn, just look how he pumped AAOG to death a couple of years back.
That ended in total loss.
I'm invested here and want it to do well. But bugs me seeing people like Tiburn and others making out everything in the garden is rosy. It seldom is on AIM.