RE: More patience required..29 Mar 2024 09:29
I was travelling yesterday so saw that RNS in the queue for boarding! First reaction, of course frustrated as like many I want to realise my investment here after several years. Knauth still didn't comment in the RNS. 5 months and we have never heard from him. Not overly keen on the joint broker aspect, that sometimes means placing but then we know already that they favour the tranches approach to raising funds. I do understand that any serious strategic investors will want to see the new costings etc before offering. Are they the 'peers' referred to in the RNS? I don't think ZIOC should go down the route of trying to develop/raise millions for the mine. Sell to a bigger fish with deeper pockets. April should be better for us going by the RNS, patience required as you say.