Zanaga Iron Ore Share Discussion Threads

[tidy 2] 17/3/2016 18:42

It's a Twitter P&D. They put out a speeding ticket only days ago. Crazy mofo's lol. -------------------You want a solid tip from a CEO look at ARSThis was recorded yesterday CEO states valuation imminent Fundamentally extremely undervalued.£44m pa net to ARS for smallest project. PEA will come in at many multiples of the current spStrategic partners on standby ready to get on board awaiting the results of the PEA. Results imminent. Fast tracked. AsiaMet Resources Limited expects PEA to show "valuations at many multiples" of current share pricehttp://www.proactiveinvestors.co.uk/companies/stocktube/4779/asiamet-resources-limited-expects-pea-to-show-valuations-at-many-multiples-of-current-share-price-4779.html#

[richie666] 17/3/2016 18:22

For a stock that is toast, somebody seems to want these.

I suggest all holders call Andrew Trahar for an update. The post above Wookie is what I believe they are trying to do - take GLEN out the equation and then restore the value to that which the asset warrants. Namely multiples of multiples of the current stock price.

[wookie77] 17/3/2016 13:25

richie666 12 Mar'16 - 14:42 - 2097 of 2114 1 0

I believe Glen will sell the stake and my guess is for $80-100m. This would put a value nearly 10 times the current ZIOC price on the stake. And then that is quite aside from the NPV upside to ZIOC IF the project is actually developed.

Remember, GLEN have spent, I believe, near $350m on getting the project this far.

Good post.

[topazfrenzy] 17/3/2016 13:12

Whatever horneblower, you're missing the best ride from today - you go back to sleep though if you wish, goodnight.

[horneblower] 17/3/2016 12:43

do you mean snoring?

[topazfrenzy] 17/3/2016 12:00

Soaring again! Don't miss this one, going much higher, Glencore exploding higher and they own 50% of Zanaga project.

[topazfrenzy] 17/3/2016 08:09

Glencore up 9%

Buyers in the background for a mine like Zanaga waiting to pounce in my view as soon as they feel others twitching.

These resources are worth billions, get in now while you can!

[topazfrenzy] 17/3/2016 08:08

The big miners are soaring this morning - the commodities recovery is for real.

Buy or add here before you miss the boat, these bargain prices won't last for long and can disappear in a flash.

ZIOC is the place to be for mega returns :)

[topazfrenzy] 15/3/2016 18:44

Just shows how a few trades move this one big time. Let's get some buyers in and get it where it should be, above 10p :)

Anything under 5p is a gift here.

[pauladrew] 14/3/2016 19:11

I see Richie666 is trying to bury his head in the sand again. Richie666 calling me the big C word is not going to shock me and change my opinion on Zioc. You made the error regarding the company's current net cash PS, so don't get nasty with me!

[topazfrenzy] 14/3/2016 17:29

hahaha, good to see some humour here ;)

[pauladrew] 14/3/2016 16:04

topazfrenzy I will invest those pennies in a cash isa.

[topazfrenzy] 14/3/2016 15:20

Pauladrew, you are a silly one aren't you, have a nice day dear! Make sure you don't waste those pennies of yours. LOLZ

[pauladrew] 14/3/2016 15:02

Richie666 and topazfrenzy are talking amongst themselves again! All this Blah Blah Blah is making me yawn!

[topazfrenzy] 14/3/2016 12:33

the legendi, that's right, which means there are no people selling under 3.5 most probably - Prices quoted and spread here are not accurate at all I don't think. It moves up very fast, so if you'd bought these 50,000 maybe the whole thing moves up 10%-20% minimum. One of the most tightly held equities on AIM.

That is why I am happy to sit and wait on the ones I have, it could go up 500% on any news of a further partnership etc

GL

[the legendi] 14/3/2016 11:47

very iliquid.

I only wanted 50,000 and was quoted 4p to buy.

[topazfrenzy] 14/3/2016 11:27

5p coming here soon, buy cheaply while you can, jumped up today on only a few trades.

[richie666] 13/3/2016 17:40

Agreed pal.

[topazfrenzy] 12/3/2016 22:24

richie66, happy to have some money parked here, this is not going to disappear and can only soar from here. Accumulate and sit on them is my advice.

[richie666] 12/3/2016 14:42

I believe Glen will sell the stake and my guess is for $80-100m. This would put a value nearly 10 times the current ZIOC price on the stake. And then that is quite aside from the NPV upside to ZIOC IF the project is actually developed.

Remember, GLEN have spent, I believe, near $350m on getting the project this far.

Now priced at a tiny premium to cash, to me this is one of the biggest gifts out there in the marketplace. Pauladrew and his naysayers will be eating most 'umble pie in 3-9 months, hence my bet offer.

[nash81] 12/3/2016 14:39

if Glencore wants to sell our stake to BHP alike, for how much? 100m worth to ZIOC will do me :)

[pugugly] 12/3/2016 13:11

There have been so many revised feasability plans here can anyone remember what is the latest (and lowest) all up breakeven cost for delivery cif China ?

[topazfrenzy] 12/3/2016 12:08

I was not deramping Loverat, I said the reasons I was out, and that was after what some interpreted as a positive RNS, which I certainly did not after reading through the lines. People did not like that and started attacking my motives, so that obviously kept the conversation going over Metminco. I have stated before, it does not bother me one bit if people make money off it, but just to be wary as the BOD have promised so much and achieved zilch, the company is being diluted into oblivion.

Which is NOT the case with ZIOC, with so few shares and a JV already in place, but with market conditions for the development of such a mine not rife yet. So this is a recovery play for me, while Metminco is just hot air. I would watch some of those ramping MNC with their 'hundreds of millions' of shares, incredible that some believe them!

GL to you wherever you invest Loverat.