Zanaga Iron Ore Share Discussion Threads

[extrader] 12/12/2017 15:02

Hi tidy 2,

Why not ask the thread owner to put at the heading the 5 or 6 posts you recycle ad nauseam ?

ATB

[tidy 2] 12/12/2017 14:56

Zanaga Iron Ore Company (ZIOC) owns a 50% less one share interest in the Zanaga iron ore project (ZIOP) located in Congo (Brazzaville). ZIOP boasts 4.3bn tonnes of JORC resource and FS being undertaken by Xstrata, which gained full management control in Q111. ZIOP is expected to deliver its first ore in 2017 with the subsequent ramp-up to capacity by 2018. While execution risk is low, we see a clear exit strategy as ZIOC's interest in the project will either be bought out by Xstrata or a strategic partner, or in the worst case diluted to c 18% in a fully funded project. Now 6.9bn tonnes

[dave4545] 12/12/2017 14:07

Anybody seen Reks ??

[tidy 2] 12/12/2017 14:05

Lol. Bought more

[ch4p_85] 12/12/2017 13:44

Who's gonna tell little Timmy Xmas is cancelled!!!!

[tidy 2] 12/12/2017 10:55

Updates this month as stated by ZIOC.

[petebarnes1] 12/12/2017 10:47

tidy think we will get taken out hope price is good should be news this month guys

[petebarnes1] 12/12/2017 09:31

oh topaz instead of protesting load up i would you will miss the boat. thought doest protest to much hummmm wonder why

[topazfrenzy] 12/12/2017 09:26

Think what you like and dream on, this asset will sit there for years to come, iron ore will tank next year and and stay tanked and this will be 2p, I am stating the obvious here, not some ramped fantasy, it's your money and your choice, but waking up to the reality is a start in this game.

[tidy 2] 12/12/2017 09:12

Glen has Zanga listed as one of their assets. Use link and filter for Iron Ore http://www.glencore.com/our-world/global-operations/?region=6

[petebarnes1] 12/12/2017 09:11

End game muti bagger in progress

[petebarnes1] 12/12/2017 09:10

looking very good guys

[topazfrenzy] 12/12/2017 09:08

Zanaga not mentioned, all the dreamers brought down to earth. Another three years before Glencore decides on this one, slow grind down to 2p by end of 2018, don't get caught out!

[kirk 6] 12/12/2017 09:03

Nicely moving back up

[tidy 2] 12/12/2017 09:02

Fox it's called Research dear chap. Supports decision making.

[1fox1] 12/12/2017 09:01

How about waiting for the news as stated in the last RNS. Better than all your second guessing. Cheers

[tidy 2] 12/12/2017 08:17

Very good and very encouraging. Highlights pollution control and Chinese protection of interests. The 3rd and most important visit was ROC. All roads lead to Zanaga. Come on spill the bean ZIOP

[tidy 2] 12/12/2017 08:16

This was following Enviro Permit and being told updates toward end of Year on finance. They knew this due to instruction from ZIOP of course with Enviro Permit in hand the next stage was ready to go. That's why CHINESE DEFENCE MINISTER Meng Qiao went to ROC in November 2017 basically to say protect their interests out there.http://www.chinadaily.com.cn/world/2017-09/26/content_32508707.htm

[tidy 2] 12/12/2017 08:05

They have said they're actively looking for third party investment for Zanaga. Look at the obvious options and the demand for iron ore purity. Who needs it and who has a strong investment presence in ROC, and who just happens to be building a new deep vessel Port to the specifications required by Zanaga which was printed in their 2014 best in class FS funded by Glencore. Plus who granted the Zanaga Enviro Permit who is also actively investing in the new Port. All roads lead to Zanaga, GLEN, CHINA, ROC GOV and ZIOC who has 50% of Zanaga to negotiate with for funding. Again no share issue and likely big dividendOff Topic

[jarega85] 12/12/2017 07:13

Glencore's Investor RNS UpdateIvan Glasenberg, CEO, commented:"Glencore provides diversified exposure to the most attractive commodities, produced by our long-life/low cost assets. We will continue to focus on creating value through capital efficient growth within a conservative balance sheet structure. Partnerships to grow the business will remain a key element of our approach. We look to the future, confident in our ability to continue to create superior returns for our shareholders."Hopefully saying that with Zanaga in mind

[temmujin] 11/12/2017 21:32

ive discovered another 50 bagger..if you look at my research on Inspirit Energy INSP the takeover thread you will see the research is rock solid...i believe Centrica will buy them out for £50m plus...they bought out a similar firm for £145m a few years ago and this bioler technology is far superior..ive done all the hard work for you...price is 0.1p and market cap about £1m...and guess what Centrica announced today a new joint venture company with a norwegian firm...the name Spirit Energy!

[exploratory] 11/12/2017 16:47

Will something happen tomorrow ? Who knows. What we do know is how much we are currently paying for a 50% interest in a proven high grade iron ore mine, where a party has spent $300m proving the reserves. At current market valuation, we are paying less than 40% of the cost of proving the resource in the first place and less than 2% of resource value. If you believe that this is undervalued - buy the share and forget about it. If not - sell.