HPC Follower
17 Nov 2017
Was this just a "pump & dump" rally? There was good justification for the buys, with the permit awarded... will run again once the profit takers wane and the buyers return... especially on more good news.
NewKOTB
16 Nov 2017
Large Late Trades Lots of them !!!!Now the large late trades have been reported, the transaction is now complete and the buyers are now the "officially" on the share register as holders. The MM could not afford to be holding these for the client when the news hits .... never get any business again!!It's almost as if they know an RNS is to drop tomorrow AM. !!!In the immortal words of SAI "Lock Out"
NewKOTB
16 Nov 2017
122m Traded 122m shares from an issue of 278m traded over the last 7 sessions, with 50% of those held within BoD control.
HPC Follower
15 Nov 2017
Re: Twitter - Deal Done! Most long term ZIOC holders would welcome this now (to have cash upfront, with no further project risk), even with the NPV of the project is potentially worth over £3 a share... but can this really be true???If such news was leaking, the SP would surely have jumped late in the afternoon and there would be a host of buy bids ahead of the opening tomorrow.
BBanker
15 Nov 2017
Re: Twitter - Deal Done! Who, in their right mind, would place a stop loss on shares as volatile as these. MM’s make money out of such action and sadly honesty goes out of the window when profits can be made. I would not place a stop loss on any share investment as it suggests no confidence in your own investment strategy and open the door to manipulation.
NewKOTB
15 Nov 2017
Re: Twitter - Deal Done! HM,"MM have had some fun today probably trying to flush out people who put stop losses on...."Yep, those with 25% trailing stops set yesterday would be coming home to find their ZIOC shares gone!
Helicopter Man
15 Nov 2017
Re: Twitter - Deal Done! Thanks NewKOTBMM have had some fun today probably trying to flush out people who put stop losses on.
BBanker
15 Nov 2017
Re: Twitter - Deal Done! If there were any truth in this there would have been a rise on the close. The fact that such a deal has been thought to have credibility suggests that there is considerable upside for the patient and volume reflects traders trading up and down. Well worth hanging in for a deal of some sort in the not too distant future.
NewKOTB
15 Nov 2017
Re: Twitter - Deal Done! HM,I could actual be wrong by 0.3p, being 98.5p the open. Based on nothing more than where the vast majority of trading has been held in and around today and yesterday.Closing SP + 77p = 98.5p Opening tomorrow.The 21.5p representing approximately 10% of our all time high, the MM have to have something to peg our value on, should the deal leave us with 10% interest in ZIOP.Could be a load of old rubbish, but trading patterns says different atm.Also massive volume again today, 18m, with virtual no SP movement come the close. That's close to 110m shares out of an issue of 279m in 6 sessions, astounding!Money on RNS tomorrow?Have to say, this has been one of the most intriguing weeks action on a single share I have ever experienced.gla
Helicopter Man
15 Nov 2017
Re: Twitter - Deal Done! Is that your base cost or some other valuation figure?Good luck to all, have been burnt with Baobab don't want another sink hole.
NewKOTB
15 Nov 2017
Re: Twitter - Deal Done! An open at 98.2p in the morning would be nice!
NewKOTB
15 Nov 2017
Re: Twitter - Deal Done! This has always been my worry on how any deal would be structured .......... can also see our BoD having a place on Glencore's board as part of the deal and all the 'benefits' that would bring.77p not too shabby imo.
NewKOTB
15 Nov 2017
Twitter - Deal Done! Reece‏ @ReeceHugo3m3 minutes agoMoreDeal done apparently with 77p special dividend payment and 10% free carry #ZIOC---------- --------Read in that what you like, I for one would think that is possible based on free carry at 18% with no special div.Valuing our 10% at 21p/share atm, clearly this will multiply once project progresses
HPC Follower
15 Nov 2017
Re: +90m Shares Traded Profit taking today... although I feel the run upwards is far from over given the very high NPV (49% for ZIOC) of the overall project and detailed development/production plans underway to complete the final details of the overall project plan.Might sell a few shares near 25p but I bought for the medium term, when the full production plan is launched or when ZIOC gets bought out under the Second Call or some other party (or farm-in) which will recognise the true NPV of the overall project.Zanaga are still progressing some key value-adding activities on the project ahead of seeking financing for the overall project (Phase 1 at least). These value adding activities include the establishment of port and power agreements, now that they have the environmental permit needed.Can't see any suspension before the project plan is completed, unless ZIOC receive an early approach/bid....
NewKOTB
14 Nov 2017
+90m Shares Traded Over the last 5 sessions .... they say trend is your friend and volume is everything.ZIOC has both, in bucket loads.So how about 90m shares of 279m issued of which 50% are already held by BoD.With greater % gains day on day.Lot more to come here, although I do think suspension is just around the corner.Too many large and persistent buys in large blocks at higher and higher prices today, is very unusual. It's as though the II buyers are under pressure to get in asap. The usual cat and mouse games with PI is out the window. It's II on II ( dog eat dog)Also, Free float has been exhausted imo so this adds in an uncontrollable factor in the SP movement that II can not fight.gla
