Zanaga Iron Ore Share Discussion Threads

[tidy 2] 21/12/2017 09:23

Can have mine at £5 ps

[topazfrenzy] 21/12/2017 09:14

I think I'll get on the train at sub 5p thanks

[amitburnshort] 21/12/2017 09:06

18p by close on this one, don't miss the train.

[topazfrenzy] 21/12/2017 09:03

I thought the Chinese were buying this before year end lol

[sidjameslaugh] 21/12/2017 08:25

They will take 500k from me at 11.77. Think i'll stay put thank you.

[tidy 2] 21/12/2017 00:29

Environmental permit granted. All systems gooooo !

[cudmore] 20/12/2017 17:30

Abeygale

I bought back into these yesterday. Patience rewards those who wait!!

[seagreen] 20/12/2017 17:04

No reason for original rise

[abeygale] 20/12/2017 16:32

Would of been a better bet if that was put into VAL and not VAST. I only wish I never bought back my ZIOC and just added it to my largest holding in VAL.

[chesty1] 20/12/2017 16:23

Sold and added to my vast nothing against zioc just had to add on the vast dipBe lucky to all

[amitburnshort] 20/12/2017 16:12

News tomorrow morning.

[tidy 2] 20/12/2017 15:39

They don't need to sell. The third party funding partner will be negotiated with ZIOC's percentage, this always the plan.

[gemstar2] 20/12/2017 15:23

When Glasenberg said that Glencore would not be selling before a vastly increased iron ore price, what was the price then?

[sooty snipes] 20/12/2017 15:19

There you go you two. I have created a thread just for the two of you. May be you can stop boring all of us on here. Cheers

[sooty snipes] 20/12/2017 15:17

Hello Tidy and Topaz. Here this thread is just for you two so you can both hog it to your hearts content. good luck to you both.

[amitburnshort] 20/12/2017 14:31

No reason for the fall, then again there was no real reason for the fall from 18p down to 10p, the MM's have manipulated this share big time.

10% is not a lot of movement on an AIM share, just wait until the funding news drops ;)

[topazfrenzy] 20/12/2017 14:26

tidybot, keep repeating yourself lol

[tidy 2] 20/12/2017 13:47

Facts are China spending $2.2bn on our new port and $350m has been spent proving up 53% of Zanaga placing it as the purest Ore out there in the top 20 producers and the worlds 5th largest. That's only half the resource pretty much. Wow. Mcap only circa £30m. Ipo at £1.56 and no dilution to ZIOC holders at all. Major paid for proving up the mine with best in class studies.Wait for he updates this month.

[maytrees] 20/12/2017 13:42

Over 10% share price fall so far today. I have averaged down slightly though that's not usually a good idea. Can anyone explain the reasons for the fall?

[gta5] 20/12/2017 13:32

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sooty snipes20 Dec '17 - 12:14 - 6866 of 6873
Tidy and Topaz...... How about you two just starting your own thread? Both of you are equally boring. Thanks

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Sooty, not a total solution, but filter button helps a little. :)

[tidy 2] 20/12/2017 13:10

So we know they're already in talks as reported back in 2014 but the market condition for ore were not what they are now or will be in future. The high grade ore is all that counts now and it isn't an infinite supply. They (China) need to put their name to it (Zanaga) and get it as reserves, also it will underpin the new port they're now building for $2.2nn. With all documents in place they are ready for funding. Bring on the updates this month as promised.

[tidy 2] 20/12/2017 13:04

Look at SXX. Production in 5-10 years and £2bn funding dilution. Mcap circa £1bn The market will like more of no dilution to ZIOC and fully funded to production. I still expect a special dividend along with a free carry of the mine for life. This is one to accumulate as much as possible before the insti's can start grabbing stock.

[tidy 2] 20/12/2017 13:00

They couldn't do anything without a port and the environmental permit. They can now and update this month !!

[tidy 2] 20/12/2017 12:44

RNS 2014:''During the Funding Round initiative conducted jointly by ZIOC and Glencore, a number of entities expressed an interest in discussing an investment in the Project alongside the joint venture partners. Engagement with interested entities is expected to continue, however, we believe that current iron ore market conditions need to stabilise before formal discussions can resume.'' I think the fact a 'number of entities' expressed an interest in discussing investment 2 years ago 'alongside the JV partners', shows this is not just a last minute deal. Considering iron ore market conditions have now stabilised 2 years later and are ever improving shows those discussions have likely resumed lately.Thanks Shaun.