Zanaga Iron Ore Share Discussion Threads

[bullet ant] 23/11/2017 08:50

NASTY SHORTERS ARE IT :(




BA
STEALING IS GOOD

[tidy 2] 23/11/2017 08:35

One day on AIM or sometime on the stock market. There will be a diamond in the rough that has the full backing of a multi billion dollar Major. Imagine a 50/50 Deal but the Major uses it's own cash to fund the whole project. The dream stock will have been free carried for its whole project to be proved up at the cost of about $350m and it would have all documentation and permits and legal requirements in place. It would also achieve this without ever diluting its share holders and its project will be very highly sought after. It will be in the worlds top 5 in size rankings and the purest product availabke out there in its class. It will also have tiny cash burn and also have millions in the bank just to keep your mind at rest the office was well supplied with tea and bickies. Maybe one day. One can dream.

[gta5] 23/11/2017 08:08

greenelf:
-Close as in Ivan's right hand man. close as in On the west side of Africa. Close as in a neighbouring country.
-agreed they just got the permit, but this is hardly going to have been a surprise for Glencore.
-Yes, its been a "priority" for them for quite a few years now, and it's still a hole.

[greenelf] 23/11/2017 06:56

Some pointers for your list..- not to close at all, is in another country totally.- only just received final permission, that is why Zanaga has not been bought out- Glencore have publicly staed that iron is a hole in their portfolio.

[gta5] 23/11/2017 00:22

I see three short term problems:
1. Glasenberg does no believe in Iron Ore.
2. The current Glencore scandal in the DRC is a bit too close for comfort for Glasenberg/Zanaga.
3. They've had years to take over Zanaga, why not wait a few more? (what's the compelling event?)
4. Billions to get going. (I do not believe for a second in the small scale POC)

On the plus side for us PI's:
1. Its grossly undervalued considering the NPV.
2. If Glencore mothballs it others might buy ZIOC's part.
3. It's pocketchange for a company like Glencore even at 150p+ (and 10% carry..)

GL, GTA.

[petebarnes1] 22/11/2017 22:47

When the freeks are about the share price should spout upwards

[petebarnes1] 22/11/2017 22:46

cudmore i agree great news will out

[cudmore] 22/11/2017 22:40

You know there is great news on the way when all the clowns appear on here accusing each other of all sorts. So thankful for the filter facility.

Big news imminent.....GLA long term holders (well the ones like myself who are 4 times the richer at the mo😀😀😀)

[sidjameslaugh] 22/11/2017 21:38

Go go Antboy capitals :)

[topazfrenzy] 22/11/2017 21:17

12-15p tomorrow

[sidjameslaugh] 22/11/2017 20:29

Well done Antboy. I’m actually from London but hey, you just continue to use foul language to get your point across. Class.

[sidjameslaugh] 22/11/2017 20:10

Evening Antboy. How's the bedsit. Not such a great view in the Winter I guess. Still all good here. Have a great evening.

[1fox1] 22/11/2017 19:30

It's my favourite ADVFN poster. How you doing Mr Ant?

[petebarnes1] 22/11/2017 19:10

not the twit bullet again lol