Zambezi Resources Share Discussion Threads

[clearsoup] 19/5/2008 11:00

I say chaps, does this BB give me access to insider information?

[aspers] 19/5/2008 09:36

FINS...Oh yes, the last time I got good news on MNA I was slated by the FSA.......better keep the lid on it then.

[finsburycircus] 19/5/2008 09:05

whatever...perhaps be careful about suggesting you suddenly have 'hot' news though

[aspers] 19/5/2008 08:42

finsbury......Now plan "B", back in this morning after getting some hot news!!!

[ramnik007] 18/5/2008 13:36

Hopefully the new institutional buyer has a buying strategy of mopping up everything that other institution(s) want to offload. I guess the institution wants to buy as much as possible before the hopefully bullish newsflow (both drill data and JV)in the coming months.

[finsburycircus] 18/5/2008 12:55

fair enough aspers...takes two to make a market!

not sure the so called 'result' is the key mover here actually, its just a heavily oversold share that fell on low volume and now is rising on high volume...but each to their own!

I doubt you are 'worried' by the likely outcome of the 'result' ...though you may well hope it will tank!

your posts 272 and 272 explain your view and your post 280 has already definitely been proved wrong....definitely!

[aspers] 18/5/2008 10:20

I got out last week with a nice profit....what worries me is the outcome of the result!!, if its negative this will tank, therfore I will await news and buy if and when things take off!!!

[bobic] 18/5/2008 09:11

Looking very strong and another 2p rise on monday.Mkt cap is only 22m imho
this is very very low valuation.PI should get in NOW before the outcome of
the result. Regards.

[umair] 16/5/2008 16:35

Combine that with some good news... and this should take off !

[finsburycircus] 16/5/2008 14:50

Volume continues to rise on a rising share price...very promising early days!

[bobic] 16/5/2008 13:49

Just bought 100k at 11.30p
I am preety confident this price will be history.Best of luck.
L2 2:1. Regards

[rocketfuel] 16/5/2008 12:32

A slow grind but i will take .25 a day for a week.

[finsburycircus] 16/5/2008 11:53

The share price is begining to behave very promisingly...and on good (if hard to decipher!) volume.

EVO, as the new brokers, look clearly to be walking this share up...indeed we might shortly start moving up in 1-2p units from past experience.

Remember there was no 'good' reason for being below about 15p in the first place!

All looks set for say 18p fairly soon.

[cuzy] 16/5/2008 09:50

Umair,

They (being the Zambian Government) have proposed a windfall profit tax at a minimum of 25 percent, raising the mineral royalty to 3.0 percent from 0.6 percent, a variable profit tax at 15 percent on taxable income above eight percent and plan to lift corporate tax to 30 percent from 25 percent. They appear to have the backing of the IMF for these changes however foreign mining companies have criticised the proposals, and argue the government had not consulted them over the plans.

Julian Ford (ZRL MD) is of the beleif that this could take circa 18 months to finalise!!

[finsburycircus] 16/5/2008 08:47

I believe plus market trades no longer show on advfn trades lists...been like that for some months now and applies to all companies...not too much of an issue really as its just another page (Plus markets) to check on your screen.

[rocketfuel] 16/5/2008 08:44

The broker's note was sent to me by my broker but not sure about the legalities of passing it on to a non market counterparty.

On another note why are the plus market trades not showing, they appear on level 2 but not in the trades tab? Someonw has paid 11p this morning.

[umair] 15/5/2008 23:20

Cuzy,

What was the issue with the tax position ?

Thx

[cuzy] 15/5/2008 10:50

finsburycicrcus, as you say long term looks extremely interesting however the tax position may well cause delays in getting a true picture on valuation following rrsults of assays. That is assuming assay results are of course positive.

ROCKETFUEL - Is the evo note available to GP?

Thanks

cuzy

[finsburycircus] 15/5/2008 10:29

agreed rocketfuel...somewhere around 15-20p share price could be in sight very soon I think just to begin with...simply as 'reality' returns to the share.

longer term it looks exceptionally interesting too

[rocketfuel] 15/5/2008 07:41

Change of broker, very bullish note by evo's on the net assets, 36p if my memory serve me (please check that)and the possibilities of something big over the next two weeks. All reasons for a bit more trading.

[umair] 15/5/2008 00:58

Looks like a little bit of stock changing hands. Lets hope they found a buyer to end that stream of sells.

[cuzy] 14/5/2008 17:53

Few more pennies moved around later in the day! Lets hope it is goods news coming our way.

[cuzy] 14/5/2008 16:14

Is this the same seller this thread has constantly talked about for the last 12 months??

[sitiain] 14/5/2008 15:57

yes as a long like to thing this old seller getting taken out but maybe i am just dreaming.

[cuzy] 14/5/2008 15:36

Couple of quid moving round today, anyone any views??