Member Info for ShrewdDude67

"It will hit £1 again tomorrow"

So what! Most people are truly fed up with £1. This company is cursed with £1

https://twitter.com/Borg74/status/1371369926779416582/photo/1

Somebody needs to take a serious look at Omega Diagnostics disastrous PR effort.

For such a promising, fast growing company, it really is cr a p.

Omega have become experts in snatching defeat from the jaws of victory.

There are different prices for different grades of iron ore. A pollution crackdown means that higher quality, lower polluting iron ore will become more sought after.

I agree deal breaker, it's about to get very, very interesting one way or another.

The Arabs (in particular SA) are very keen to diversify away from dependence on oil. Could iron ore be it's next play?

Good luck with that extrader. Trahar is strangely silent these days. I've also had no reply to my emails, and he normally does reply most of the time.

It really does feel like **** or bust time for Zanaga in next few weeks.

Beardozer, you called me out! Seriously, I've considered KP2 but having 1 stock (Zioc) in my PF that's a slow burner is quite enough for me lol. Don't need another Zioc.

Beardozer - COPL appear to be on the brink of something very major next week from Tuesday onwards (it's Canadian so there time behind ours). Well worth checking out.

I've had a little punt there yesterday.

Chri55 - bad results are already priced in here. We know (because the company has previously told us) that PFC are going through lean times not least because of Covid and the rout of oil prices last year.

No-one in their right mind expects a good set of results in April. However, as we so often see, bad results can be positively received by the market as long as there are genuine reasons for them such as what I highlighted above and also with a positive, ambitious forward looking plan.

Laidback is spot on. 100%+ upside here before Autumn. SFO or not.

Yup, I've filtered him/her too.

Just emailed a complaint over to these 2 at Fincap. I'd urge everyone else to do the same. They need to be aware that we as shareholders have noticed these antics. I've told them I'm seriously considering making a complaint to the FCA and Omega themselves and I've asked for an explanation of their actions.

Bidstats will not be updated during trading hours for a listed company. Expect an update after hours.

Cheers Sooty, cheer me up why don't ya

99.99P mm's REALLY ARE having a laugh at us ODX holders.

Tw**s

Titanic (the RNS that's imminent or the ship is going down?? - draw your own conclusions folks)

I've just emailed Andrew about offering some re-assurance on expropriation of mining licences in RoC.

Lets see if he responds.............................

In normal times I'd fire off an email to AT asking him about his take on the expropriation risk to Zioc but he's gone awol so no point.

Is this something we need to worry about or is the fact that Glencore holds RoC debt a shield against expropriation??

Also, do Zioc have insurance cover for this kind of eventuality? If they are aware of the possibility surely it would be irresponsible and reckless not to have it?

DAKAR, March 11 (Reuters) - Avima Iron Ore Limited said on Thursday it had written to Congo Republic's government to demand it either reinstate the company's production licence that was stripped last November or pay damages of $27 billion.

Avima's iron ore licence was one of three that Congo's government revoked late last year and handed to a little-known
company backed by Chinese investment called Sangha Mining Development Sasu. The government said the companies had failed to meet their obligations to develop their concessions. The companies deny this.

One of them, Australia's Sundance Resources, announced in December it had initiated an arbitration process seeking $8.76
million in damages. Sundance said last week it had delayed arbitration by 30 days to allow discussions with Congo to
progress.

Avima, which said it had been scheduled to begin production in the first quarter of 2021, said in a statement it had issued
a letter on Tuesday to Congo's president, prime minister and mines minister demanding reinstatement of its licence within 30 days or indemnification of a loss it estimated at $27 billion.

The Nevis-registered company said the stripping of its licence "seems to have been carried out for the personal benefit
of certain Congolese officials and complicit third parties", without naming them, and threatened arbitration and other legal
proceedings.

"The Congo government's actions are obvious, blatant and clearly illegal," said Avima representative Socrates Vasiliades. The company said it is being advised by the law firm Clifford Chance, which is also representing Sundance. Urbain Fiacre Opo, a senior official at the mines ministry, declined to comment.

Congo shipped its first iron ore exports in 2019 from a mine owned by Congolese billionaire Paul Obambi’s Sapro SA.

Glencore is in a joint venture in Congo to develop
the Zanaga mine.

(Reporting by Aaron Ross; editing by Mark Potter and Jason
Neely)

Excellent, well reasoned post Poker!