Zanaga Iron Ore Share Discussion Threads

[topazfrenzy] 08/3/2016 12:57

Cash in the bank Wookie (millions) and 50% with Glencore, yes. High grade Iron Ore and one of the biggest deposits in the world. Talking billions worth here.

20p for starters here.

[wookie77] 08/3/2016 12:52

whats the cash position here? No debt right? and 50% with glen core?

[bluemoon24] 08/3/2016 12:50

His guys -but 212k this am as a punt. What's long term projections here?

[colin12345678] 08/3/2016 12:50

4P Paid on ISDX this will go in a blink

[colin12345678] 08/3/2016 12:49

Moz8 ‏@mozEIGHT · 2m2 minutes ago

#iron prices rising good for #ZIOC ,

[topazfrenzy] 08/3/2016 12:45

It's just catching up with fundamentals Wookie77, it was hugely undervalued. Expect much more at this rate.

[wookie77] 08/3/2016 12:33

whats going on?

[topazfrenzy] 08/3/2016 12:21

I wish I'd bought more earlier on, it's now 40% up!

[topazfrenzy] 08/3/2016 12:19

Good richie666, I look forward to it! I think your figures are a given.

[richie666] 08/3/2016 12:18

Topaz - IF they have found someone to replace Glencore (that's the speculation it seems) in the project then these are 10,15,20p in a blink of an eye.

VERY tightly held stock with limited free float.

[tomboyb] 08/3/2016 11:58

picked up a few along the way myself -

be lucky -

[topazfrenzy] 08/3/2016 11:53

Got out of that sham of a company Metminco (with a small profit surprisingly), so glad to have found this at this stage, can only go ballistic don't you think? This share price for such a world class mine is surely ridiculous, and with Glencore in charge.

[richie666] 08/3/2016 11:43

Perhaps my suggestion of 5p this week come's true?! About time anyway's this trades for less than cash. Zero EV for the asset. 10,15p possible if a sniff of the project being on again comes through.

[topazfrenzy] 08/3/2016 11:42

This is a very compelling investment, just seen it tipped on twitter, looked at the fundamentals and the presentation on their website, so just bought in!

To think it was close to £2 in 2011 and with Glencore running the project, a win win here I suspect at these prices.

[richie666] 07/3/2016 17:13

Zioc's turn imminently? Wouldn't surprise me to wake up and see these at 5p this week.

[comedy] 23/2/2016 13:12

just bought some more.

[nash81] 13/2/2016 12:39

good for you comedy. i wish i have more cash to top up ZIOC at this hugely cheap and bargain.

have a look at JLP and SBLM too, i got the feeling those will rerate soon too.

[comedy] 09/2/2016 16:05

mac ive been buying in small lots..took the 42k batch today...if some of mine really take off will buy another batch...this is really a bet for 2 to 3 years that we get a boom in minerals...

[maccamcd] 09/2/2016 11:52

some volume today.. any mention anywhere? i'm a holder

[blueball] 20/1/2016 08:25

Wont be long here.

[wigwammer] 04/1/2016 09:53

Delist when it has 3 years of cash? Intelligent.

[blueball] 29/12/2015 17:05

Imagine so.