Not a sausage!!! AGM, been and gone... and no movement.Oh... well there is always hope.Another one for the, Bottom draw... which is getting a bit full!I guess investors are either on hols or getting fed up of companies full of potential but never deliver or get to production...
AGM, let's see if we have positive results Not long now,Will be interesting to see if this starts moving prior to AGM!Hoping for good news, to push us closer to that elusive 10p.
Could see green! I could see green if this goes past the 10p...Come on !!
Has anyone done the maths on this one! Regardless of takeover rumours, this seems to be a tad undervalued?Any mathematicians out there!Should be worth a punt, If rumour is true and a fair offer is placed on the table, this can rocket....Time will tell.
Re: Glencore buy out The ZIOC share price has lost all the gain earlier today, so I guess there may not be much truth in the Glencore buy out rumour - we'll just have to wait and see...
Re: Glencore buy out If I was a director of Glencore, if they have spare cash now but don't want to start production yet; nor share the profits later, an offer above 50p (looking at ZIOC share prices historically) may well be attractive for both parties... ZIOC directors and shareholders wanting some more immediate return on their investments with Glencore wanting to build their pipeline of wholly owned, large scale ore resources for mining into the foreseeable future given their long term supply contracts and much longer term business horizon.The next few weeks could become quite interesting...
Glencore buy out hopefully at a big premium to todays price
12p Go baby, go.
Iron ore prices still on rise [link] 1-Dalian iron ore rallies to 3-year peak on firm steel demand"MANILA, Feb 13 (Reuters) - Iron ore futures in China surged nearly 7 percent to their highest in more than three years on Monday, tracking firmer steel prices as investors bet demand for the building material would remain strong."
Re: On the up? Profit taking this morning on the back of Bloomburg news seeing the end of the price of Iron Ore pushing upwards for a while at least... but then Trump and China still have an awful lot of infrastructure to build/replace, so have Syria/Iraq and India have hardly started.I will hold for a bit longer I think, certainly until Trump has been in place for a few months.
On the up? Are we at last on the up?
been a while was several years ago i bought in and been in bottom drawer.but its about to change soon.iron ore is racing higher and Trump may soon drive large infra project in US which will drive further higher iron ore.ZIOC was higher than 50p several years ago and this share is tightly owned by directors (around 70%) so not many free float.with Glen as our JV partner, they will want to see sp even higher in double digit very soon.am staying in and may seek to add a bit more when i have extra cash gla
SP strengthening... Quite a few buys going through, some Automated to accumulate ZIOC stock.Still 1/3 of the share price of two years ago and 1/14 of the price three years ago... so a lot of potential yet if production delivery plans are firming up with expectations that the price of iron ore will rise with increased demand from the USA, India and other Asian countries - with China demand holding.I shall have to watch this stock closely over the coming months... as x3 from here is now quite feasible.
Iron Ore demand may increase... USA at least looking to refresh infrastructure... ZIOC could well move forward soon now towards production. 46% up today ahead of news or on speculation?
Re: ZIOC is still a good buy for long term iron ore is set for further weakness though...[link] based on the current mkt cap EV is compelling