Zanaga Iron Ore Share Discussion Threads

[chesty1] 19/12/2017 15:47

Not looking red today topaz!

[tidy 2] 19/12/2017 15:45

Does Zanaga require an export port? Yes. Is China building this port? YesHow much are they spending on it?$2.2bnWho are the investors in the port?Exim Bank 70%. Chinese BankChinese insti's 15%ROC government 15%Who granted the Zanaga license and enviro Permit?ROC government. When did ZIOC state updates on funding and getting this valuable asset into production? On the day they announced the ROC has granted the Enviro Permit. Question. How did ZIOC already know then that they would announce this month these details?

[glenkaz] 19/12/2017 15:43

20p soon 🤡✌A039;

[tidy 2] 19/12/2017 15:31

That report didn't come from glen. I called glen and they didn't comment on it. I called ZIOC and they said it's ZIOP that deals with Zanaga. As it's not producing yet GLEN don't get directly involved. It is an asset controlled by the Zanaga project team who is owned by glen. ZIOC's percentage will be used to negotiate third party funding interest. Glen holds the controlling interest and when the third party funds it then glen may decide to sell or reap the benefits. It is ZIOC and ZIOP that control what is happening with Zanaga and ZIOC's 50% -1 share is the negotiating tool. Zioc confirms updates this month and an update in January next month also.

[tidy 2] 19/12/2017 15:26

Max 3k only available to buy. This is getting a push soon in the right direction gla

[topazfrenzy] 19/12/2017 15:25

aja5, Xstrata spent the money, or committed it before Glencore bought them out, now Glasenberg confirmed last week that iron ore is not of any interest to them, nor is this mine, they will not be developing it, so what do you expect for ZIOC to do, find a mega buyer??? Please tell me as to me it is clear that this project is a non-starter.

[cudmore] 19/12/2017 15:09

Topaz is some guy.....losing money left right and centre but has the cheek to mock us holders who are sitting on healthy gains, with a lot more gains to come, hence why we are still holding.

[aja5] 19/12/2017 14:56

According to topaz glencore have spent over $300 million dollars to get this far and are just going to shelve it,f3ck their own shareholders !!!
They will either develop or sell if they consider it to be unable to become a core asset you fool......using your methodology they will be happy to get their investment back,I don’t think so.
But if that were the case this is still worth circa £1 on that assessment and certainly much higher than your forecast

[tidy 2] 19/12/2017 14:52

China building our new $2.2bn Port. Export route sorted. Offtake agreement and funding next. Zioc confirms updates this month. Topaz cries in soup.

[topazfrenzy] 19/12/2017 14:49

update saying nothing -------> 50% price collapse

[tidy 2] 19/12/2017 14:41

Zioc confirms updates this month and a phone call States also in January

[tidy 2] 19/12/2017 14:40

See you at £3 Topaz. Cry in your soup. Too thick to see what's going on.

[topazfrenzy] 19/12/2017 14:36

My target was 12p by Xmas and 8p in January but since Glencore confirming that they could not care less about this project and there is no news, and I said there wouldn't be, then my target has now been lowered to 2p next year, it's your money, you gamble it away as you see fit. For me it is only worth getting back in under 5p!

[tidy 2] 19/12/2017 14:28

Never did reach 8p topaz. Now it's 13p you want 5p. Earlier today it was 2p. Go play on the motorway time waster.

[topazfrenzy] 19/12/2017 14:20

petebarnes, didn't you buy in at 25p here?

[petebarnes1] 19/12/2017 14:19

can not believe topaz is on here all day every day , he is looking like a buffoon must be unemployed or unemployable . topaz stop whist you are behind

on and upppppp

[topazfrenzy] 19/12/2017 14:17

See you at 5p tidy, not long now

[tidy 2] 19/12/2017 14:08

And after these silly posts of topaz he still wants to buy lower. Duh. Shouting there is a bomb on the bus stop I want to get on it. Duh.

[tidy 2] 19/12/2017 14:05

Directors hold all their stock and have also taken their 18p stock at the time the new Chinese port was agreed.

[petebarnes1] 19/12/2017 14:01

can not believe topaz is on here all day every day , he is looking like a buffoon must be unemployed or unemployable . topaz stop whist you are behind

on and upppppp

[topazfrenzy] 19/12/2017 14:00

They made their money on the IPO, the board, whether it sinks into oblivion is of no importance any more, the project has been written off by Glencore, having inherited this white elephant from XStrata, get your facts right tidy.

[petebarnes1] 19/12/2017 14:00

can not believe topaz is on here all day every day , he is looking like a buffoon must be unemployed or unemployable . topaz stop whist you are behind

[topazfrenzy] 19/12/2017 13:59

The death share price spread before it sinks under 10p, just be aware Gentlemen