Zanaga Iron Ore Share Discussion Threads

[glenkaz] 18/12/2017 09:54

News!!!!!! News!!!!! We are gonna go mega imo! 🚀🚀

[mister md] 18/12/2017 09:54

maintenance perhaps ?

meanwhile, ALBA rocketing, up over 11% already

[tidy 2] 18/12/2017 09:51

Zanaga website has been taken offline today. Why could that be !!!

[topazfrenzy] 18/12/2017 09:50

What a sad lot of rampers, the writing is on the wall, nothing is coming here for years, no funding, no Glencore buy-out, nada muchachos, take yer money and run before it gets decimated down to 2p in 2018

[glenkaz] 18/12/2017 09:47

Starting to move now 🤡🚀

[tidy 2] 18/12/2017 09:37

Iron Ore rallies Iron Ore Enters Bull Market as China's Curbs Supercharge Steel Iron ore has rallied back into a bull market. Prices are surging as China's crackdown on steel output this winter runs down inventories, helping mills' profitability and stoking demand for high-grade ore even as investors discount signs of ample supply. Spot ore with 62 percent iron content jumped 3.7 percent to $72.68 a metric ton, the highest since Sept. 14, according to Metal Bulletin Ltd. That's more than 20 percent up from the low hit in late October, meeting the common bull-market definition. Earlier, on Monday, futures in Asia rallied, with the SGX AsiaClear prices rising 2.9 percent to $71.29 a ton. Iron ore's gains -- which will aid miners including Rio Tinto Group, BHP Billiton Ltd. and Vale SA -- are buttressed by China's unprecedented push to rein in steel output this winter to cut pollution. While that initiative may result in less steel being made in the world's top producer, lowering overall ore demand for several months, it's also supercharged prices as inventories collapse. Citigroup Inc. has singled out iron ore's bullish prospects in the first quarter of 2018, raising price forecasts for both next year as well as for 2019. The rally is expected to be driven by a further tightening of the Chinese steel market, Chinese steel mills' active restocking of high-grade iron ore, seasonally weak seaborne supply, and a recognition that iron ore supply growth passes its peak during the first quarter of 2018," Citi said in a report that laid out the bank's views on commodities for the coming year. As China's crackdown on mills gathers pace, holdings of reinforcement bar fell 9.4 percent last week to the lowest level in data that stretches back to 2010. At the same time, spot rebar prices have rallied to a multi-year high, and futures in China advanced again on Monday. Those trends are aiding mills' profitability in the country that accounts for half of worldwide steel production. 'Strong Margins' "Buoyed by such strong margins, mills have gone on to restock in earnest, which has played a part in pushing prices up as a result," said Hui Heng Tan, an analyst at Marex Spectron. Still, there's plenty of ore around. Among the signals, port holdings in China are at an all-time high and are large enough to cover more than a month's worth of imports. Elsewhere, exports from Brazil totaled 34.2 million tons in November, a record for that month, and up almost 9 percent from a year ago. Miners' shares rose on Monday. In London, Rio -- which announced a new chairman -- added as much as 2.3 percent to 35.84 pounds. Earlier in Sydney trading, BHP gained 1.6 percent and Fortescue Metals Group Ltd. added 1.5 percent. The three are Australia's largest shippers. Read onhttps://www.bloomberg.com/news/articles/2017-12-04/iron-ore-surges-toward-bull-mMajors plan years ahead hence the new $2.2bn Chinese ROC port to Zanaga FS spec

[kirk 6] 18/12/2017 08:27

Youhavebeenmugged.com

[glenkaz] 18/12/2017 08:21

Up we go 🚀🚀

[kirk 6] 18/12/2017 08:20

Looking strong now major bounce to happen shortly. Some real mugs gone nie

[mister md] 18/12/2017 08:19

sticking with ALBA for my mad AIM resources punt, its in an upward trend at least GLA

[glenkaz] 18/12/2017 08:06

Mms looking to hit 10p stops don’t think many to stupid to fall for that! Now watch us rise 🤡✌A039;

[glenkaz] 18/12/2017 07:55

Think mms have robbed enough now 🤡👍

[kirk 6] 18/12/2017 07:31

Prepare for take off here should be a good day

[glenkaz] 18/12/2017 07:12

Here’s to a big blue day 🤡👍

[petebarnes1] 17/12/2017 23:46

yep +20p news on way

[glenkaz] 17/12/2017 23:15

Way way oversold £27 mil market cap! Should start to move tomorrow blue day imo! 🚀🚀

[glenkaz] 17/12/2017 22:47

Big climb back to 25p 🤡✌A039;

[glenkaz] 17/12/2017 21:24

T/sser! 🤡🖕

[topazfrenzy] 17/12/2017 20:31

"The large mining and commodity trading company has written down its iron-ore investments and does not mention them unless asked.

But when quizzed, Glasenberg was clear that the company, which favours mining and trading bulk commodities, had no interest in bringing undeveloped iron-ore assets into production."


Nothing is gonna happen here for years to come! 2p in 2018, wait until then before buying in.

hxxps://www.businesslive.co.za/bd/companies/mining/2017-12-14-glencore-could-buy-if-the-price-is-right/

[abeygale] 17/12/2017 19:03

3 years old, but all still to happen.

[kirk 6] 17/12/2017 18:31

Boom tomorrow

[thedustyone] 17/12/2017 18:30

Extrader, see link in post 6624

[extrader] 17/12/2017 18:16

Hi gemstar2,

Thanks for the comment in your 6638. Can you provide a link to the source , pls ?

tidy2 has been quick to disavow, without taking the opportunity to c and p yet again one of his boosterish posts, so I'd be interested in this 'new news' of yours....

TIA and ATB

[glenkaz] 17/12/2017 17:36

Bounce on 🤡👍 way oversold 🦃

[abeygale] 17/12/2017 17:31

If we get to 8p then the bounce will be to 16p. Its quite simple really. Just keep in there and reep the rewards.