₦airaland Forum

ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. -4.76%

Let's wait until JAPAUL gets a CPR for the explored gold.

I want to check something. Until then, let's keep the JIJO alive...

Now you are missing it.

The rally was not because the gold was just discovered. Rather it's the commissioning of the gold processing plant + the timeline for commercial production.

Like I said previously, I'm in it for JIJO until fundamentals change...

PS: the bolded is INFERRED resources NOT reserves

awesomeJ:
I wasn't.

I'm only saying the fact that news of suspension could trip its run indicates shallowness inherent in the run.

$1.8bn of actual gold reserves would have made it a well grounded run.

Why are you comparing gold with brass

awesomeJ:
No doubt!

But they( the suspended and failed tickers) aren't pushing dangote cement or mtnn to full offer?

If the gold was real, it would have kept the run.

They are currently running kitikiti

megawealth01:
Zichis wants to bambam with the big boiz

Exactly!

Mpeace:
Japaul is falling due to the whole suspension and manipulation fears not necessarily any prediction.

Let's be very honest, ELLAH & ZICHIS suspension played a massive role.

Let's see where JAPAUL ends at cob

awesomeJ:
Looks like my trader's insights on JAPAULGOLD has materialized

I think it's just a reaction.

It could close on FB...

crownprince2017:
Peter how far with the star boy na in agba voice..

I'm still waiting for that your usual pix..

Ellah don pour sand inside una garri..

It's available on the floor.

Just bend down select

ogoo4real:
Please what's the current status of Japaulgold

ZICHIS

MARKET BULLETIN. 23 February 2026. NGXREG/IRD/MB23/26/02/23

NOTIFICATION OF SUSPENSION OF TRADING IN THE SHARES OF ZICHIS AGRO-ALLIED INDUSTRIES PLC
Trading License Holders and the investing public are hereby notified that pursuant to the provisions of Rule 7.0, Rules on Suspension of Trading in Listed Securities, Rulebook of The Exchange (Issuers' Rules) which states that: "Notwithstanding any of the foregoing provisions, The Exchange, may in accordance with any of its Rules, place the trading of any security on suspension. It may also do so if it is of the view that such suspension will be in the interest of the investing public and in accordance with the SEC Rules.", the shares of Zichis Agro-Allied Industries Plc (Zichis or the Company) have been suspended from trading on the facilities of Nigerian Exchange Limited (NGX), effective today, Monday, 23 February 2026.
The suspension of trading in Zichis shares shall be lifted upon the conclusion of an investigation into the trading activities on the Company's shares.
This is for your information please.

Godstime Iwnekhai
Head, Issuer Regulation Department

JAPAUL

ELLAH

Ding!

Okay Sir!

deathwing:
Anything not held by the NNPC is held by Dangote. Otedola’s name is not inside.
NNPC will probably be one of the major institutional investors at/before IPO. Prolly try to get back to the 20% they missed out on before.

With FOte$ inside? 🤔

Streetinvestor2:
Dangote Refinery shares will end up like Airtel shares when listed after sometime. Thr will be hardly 100k units to move it up.

FOte$ already holds a sizable %.
Reason I said that I don't understand how that NNPCL stake will play out

zendi:
Aliko will list another 10% by intro as I heard, and keep the rest.

Scarcity will launch the stock price to the moon, and carry Aliko up like an escalator into the top 10 of Forbes and/or Bloomberg wealth list.

That is the game, and nobody's heart should be failing.
It will still always be available like other stocks, at a price.
If it is 100 units you can afford, then that one will be sitting on the shelf of your pfolio like a trophy, comforting you.

DD will not be necessary.

You'll pay royalty for usage

Sunrisepebble:
I’m not a trader. I’m a tradinvestor
I think I should add to Transcorp too to be honest. The valuation is still ok at current price, but I bought quite a lot between 44-47 already

NNPC holds about 7.25% (on behalf of Nigerians).

Not sure how this % plays out eventually...

mikeapollo:
But that is the current holding before the public offe. We don't know what percentage he is going to release to the public yet.
He may give 22.5% or more to the public while he keeps like 60-70% to himself

I don't promote.
I simply drop hints.

Last time (3months ago), it was to "PZ looking good sub ₦40". The rest is history...

I'm in JAPAUL for JIJO until I am convinced otherwise

SonofElElyonRet:
Apologies.. which one you dey promote? Has to be Japaul

You omitted your name...

SonofElElyonRet:
Leo the Promoter .. promoter full nsempa. Loco, Peter, Mercy etc

Can I hear a loud amen🙏

emmanuelewumi:
Jegede is trusting on the Lord. He has faith that the N500 billion is a chicken change and the offer will be oversubscribed

They don't like that option since it won't fetch them good [and quick] money...

nosa2:
Why is the option of focusing on running the business that currently exists and getting that profitable not on the table?

Anyway na siddon look mode I dey

...

yMcy56:
Pa Emma na senior boss o.
....and it's not an attack on you or anyone, just speaking my own opinion too....with the believe that you understood well how things works in our market.
You all have your points as well.

I won't be surprised if we don't have any such dip in Ellah price as many may have expected.
We have different participants with different views on investing......
Ellah didn't even close on full offer on Friday but, let's see how Mr. Market treats the news......
I rest my case and waka jejely.

🚶🚶🚶🚶

Abeg who be una broker wey dey drop updates for una?

megawealth01:
I missed Zuchi because I was busy with other money matters. CHAI. I don't like missing such opportunities especially when I broker dropped messages for me as regards that..Got to findout later

Na JAPAUL I dey research o. No be Mr J.A. Paul

megawealth01:
Abeg let me know your findings so I can confirm if jegede true true has repented

I'm using this weekend to do MORE research on JAPAUL...

KarlTom:
Actually, INFERRED gold is VERY different from PROVEN reserves. Infact that word RESERVES shows that the gold actually exists AND is measurable.
Inferred reserves are the least certain categorization of mineral resources.
If I recall correctly, we have Inferred >> Indicated >> Measured >> Proven. Proven is the highest level.
That is the reason E&Ps like OandO can use their PROVEN resources as collateral for loans.

“Inferred” resource means there is geological evidence and limited sampling that suggests mineralization. It can be converted into a more certain category through extensive drilling and evaluation.

So far JAPAUL has not released any disclosure on its PROVEN reserves.
If this inferred 20tons is upgraded to PROVEN, JAPAUL literally [and fundamentally] rerates and turns to a double-digit stock (add the refinery and we are in eldorado)...

Every mallam to his kettle

Actually, INFERRED gold is VERY different from PROVEN reserves. Infact that word RESERVES shows that the gold actually exists AND is measurable.
Inferred reserves are the least certain categorization of mineral resources.
If I recall correctly, we have Inferred >> Indicated >> Measured >> Probable >> Proven. Proven is the highest level.
That is the reason E&Ps like OandO can use their PROVEN resources as collateral for loans.

“Inferred” resource means there is geological evidence and limited sampling that suggests mineralization. It can be converted into a more certain category through extensive drilling and evaluation.

So far JAPAUL has not released any disclosure on its PROVEN reserves.
If this inferred 20tons is upgraded to PROVEN, JAPAUL literally [and fundamentally] rerates and turns to a double-digit stock (add the refinery and we are in eldorado)...

Every mallam to his kettle

PETERiCHY:
$1.8 Billion worth of Gold shocked is already explored in one of our mines. Let's exploit it. More Gold reserve abound.

This is an unusual opportunity for diasporas to invest in Gold mining with life-long returns. With 7g/ton of Gold spread over 10km square, it is safe to put all your eggs in one basket.

At present, Japaul has 5 Gold mines in Nigeria. We have 20,576kg (i.e 636,856 ounces - inferred) in GOLD RESERVE from 15% of exploration done on our licenced mines.

The reserve is worth 1.8 billion USD, which is why you are invited to join us to unearth and process.


https://www.japaulgroup.com/

DON'T Miss this LIFETIME OPPORTUNITY
Our GOLD RUSH DESTINATION is #1000

BARGAIN HUNTERS TAKE NOTE! Ii

There are several options before ELLAH mgt right now:

- reach out to some HNI investors who subscribed to the PO for private placement
- borrow internally to fund the acquisition. Then convert the debt to equity later on at a discount.
- issue CP or BONDS to fund the acquisition.
- come back to the market with a RI (after all the EGM has given approval for the fund raising).

Frankly speaking, the only thing that can save the SP from total decline are successful acquisition + verifiable commencement of milling operations...

Every mallam to his kettle

True

megawealth01:
This is my joy... They will at least help me ride it to exit location 😔

Dey play

debeey87:
Won't be surprised if there's reversal in ellah lake on Monday.

I dont own any unit. Not my kind of play.