Member Info for Sidneysideline

Evening all... DGR... I would personally be a little annoyed if the board took anything less than £3. For me this would not represent good value. AT and others have been working on this for years and I would expect them to consider both lost income and potential bonuses they will receive. These are often once in a lifetime deals for most.
Jay you make some very cohesive points which I’m grateful for... I also agree that Q1 will see some incredibly quick progress. China will not want to miss the boat with other countries breathing down their necks!!! CIODIC have the depth and reach to swallow this entire programme and region in one bite. This is after all what they are incredibly good at.

£6.37 ???

Good evening extrader... you make reference to your one downside about running out of cash... I see this as a huge positive. The Zioc BOD know exactly what they are up against time wise. This is why I’m absolutely convinced a deal has been down and is in the closing stages. There won’t be any dilution!! I’m sure it’s a jv or buy out... maybe even Glencore have agreed to move on. Maybe they’ve had enough of African politics for the time being.
Anyway I’m sure we’ll find out soon and by soon I mean this week... happy days for investors sat on a nice little pile!

Thanks for your insight and honesty. Some really good points there... as always predicting the highs to sell intra day is the key... set the limit and stick with it? Predicting the flow of updates... back to back days... anyway it’s all good fun. Have a good day.

ATG
What on earth are you offering here? You are a complete and utter waste of space and time. I do not believe for a second that you have any idea about investing... i took the liberty of reviewing some of your historic posts. Shocking... without wanting to sound condescending but I’m clearly glad I do... move on and buy some premium bonds. You add no value to any debate and are embarrassing yourself constantly... move on...

liquid.... Hence why you may have seen various posts or tweets from me outlining a £4bn deal to sell the asset now... £2bn each less costs...

Come on people how many times have you been told not to engage and feed the animals. Nobheadebull**** is a rare breed who must be protected. Too much attention could make him extinct!!

The thing is Tom major projects like this take time. The timing has to be right. Market forces for ironore supply, future prices and demand as well as quality have culminated in a feasible and cost effective solution. Local, national and international infrastructure needs to be in place. Stability in the region both security wise and financially needs to exist. I have learned a massive amount over the past couple of years which is hopefully culminating in the next few weeks and months of reward and recognition. We all dream of investments coming good. One thing we all agree on are the fundamentals that underpin the feasibility and delivery of a project. I believe we are there now. We know the comparisons with Simandou and the massive differences in mobilisation and on costs... You have to ask yourself why wouldn't the 'Chinese' develop Zanaga? Why would Glencore sit on the 5th largest ironore resource on the planet and do nothing? neither of these two statements make good business sense.
If we compare and contrast what China have done, sorry and are doing, in Iran then surly there is a real chance that they could be planning to buy out, take over, the entire scheme including the Port, Sez and Infrastructure. This would only be feasible if Zanaga was also under their complete control. Yes 'Complete control'!!

Interesting debate all... Nice to see some enthusiasm brewing. I'd like to ask an open question... What are your thoughts Extrader, Jay, Tom et al on what our share price will do if the port is announced next week. This isn't a poll... and let's be realistic... I know there are a number of new investors out there who are researching as we speak (type)
Alongside the port the local and national infrastructure should be upgraded. In particular the railway.

With only 3 trading days to go until the 10th I think we will see an uplift in buying activity. Note again the free float here is minimal and sticky 'investors' will not be giving this away. This has been mentioned a number of times on the Glen forum and some sharp investors will see the value... As per Extraders note... Zioc have been 'invited' to the forum next week...

The observation on Avima (on twitter) was the parallel issues developers face in logistics in this part of Africa. Drivers for diversification and change increases the awareness of mineral mining in this part of the world. This deal was probably done months if not years ago.

Thanks for sharing Extrader...

Glad you've bought in today liquid... 3month hold and 60% rise from this level. No brainer...

Yawn... stick to premium bonds Shrew...

It should be an interesting afternoon. I'm sure a few large trades will be seen ;) xxx

Agree Extrader. This for me is a sign posted delivery plan for the next few weeks, months... I for one am convinced this is one of the most positive pieces of news Zioc has released. It's a 'come and get me' for those who are awake and listening... We know the Chinese are heavily involved and quite frankly I can't wait for this to unfold.
Good luck all... See you all on the other side.

Huge information flow due through September... I can’t wait... life changing for some of us... good luck everyone... xxx

Yes of course you are correct ATG... just thought I’d keep it simple... never mind...
Was the money spent?
Is there ore there?
Do you have anything constructive to add?
Frustration can often be perceived as negativity!
Anyway enjoy the gloom!

I am always looking for the perfect storm for investing. When I started buying Zioc about 2years ago there were many reasons for the initial toe in the water. Since then the storm has been brewing. The fundamentals for me though have remained the same. The Absolute facts:
The quantity and quality of the ore
The significant investment by Glencore
The demand for high quality ore and the diversification for ROC to move away from its reliance on oil
The IMF rubber stamp and the ability for external funding options.
Everything else is just speculation but sort of make sense... like:
A new and improved deep sea port at Pointe Noire
Improved infrastructure including roads and railways

I personally think there is a significant deal being worked through with a Chinese entity... I’m happy to wait until the day the company is suspended at which point I’ll have forgotten all of the anxiety.

ATG - I sort of share your pain but then I'm in no hurry. I am, however, incredibly optimistic about the next few months...
If nothing was going on I would suggest there would be more comms about what we could be doing, should be doing etc... There's a reason we aren't in the lime light... I just don't see this being mothballed or kicked down the road... Rose tinted specs I hear you cry. Quite possibly. My thoughts:
- Significant progress with Chinese corporation... Even the Chinese gov't. Buy out? quite possibly
- Pointe Noire Port announcement over the next few weeks - Sept 19
- Long term demand from China for high quality ore - Moving away from Brazil and Australia. Direct ownership of ore product from source
- Zioc NPV revaluation soon....
A very interesting last 2 quarters...
Sid's glass is defintely full on this one...