Zanaga Iron Ore Share Discussion Threads

[tidy 2] 29/12/2017 12:46

Simandou details are facts so the calculations are based on these facts as posted. Learn to understand English.

[1fox1] 29/12/2017 12:36

tidy 229 Dec '17 - 12:02 - 7019 of 7026

It’s based on what China have paid REO for 46% of Simandou.
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Exactly so it's pure guesswork on your part. Please stick to facts.

[topazfrenzy] 29/12/2017 12:33

tidy, you've made people lose half their investments here and you still carry on like a prophet, prophet of doom perhaps, leading the blind to money loss hell!

Years to wait here, 2p by August on no concrete news, which there will not be whatsoever IMO.

[tidy 2] 29/12/2017 12:28

Topaz still chasing rainbows and losing out. He can't see he is posting on the proverbial pot of gold thread and talks it down. #clueless.

[topazfrenzy] 29/12/2017 12:18

Topaz made 350% here you idiot lol

[tidy 2] 29/12/2017 12:15

Topaz sold his 5k shares You twit :))

[topazfrenzy] 29/12/2017 12:11

Ship of fools, all hot air.

[tidy 2] 29/12/2017 12:06

I'm in the process of finding out who is doing the testing. Odds on its connected to China. Writing is on the WALL

[emptyend] 29/12/2017 12:03

ET....yes the appointment of independent consultants isn't totally conclusive. However, the appointment must have a clear purpose ....and that means either a deal or a sale document, IMO.It would be very interesting indeed to know who appointed the independent consultants - and why.

[tidy 2] 29/12/2017 12:02

It's based on what China have paid REO for 46% of Simandou.

[tidy 2] 29/12/2017 11:50

Circa $36.225bn !!!' That's 50% of Zanaga.Round that off to $30bn to account for the new port they are having to buy themselves.China

[petebarnes1] 29/12/2017 11:44

tidy have you maanaged to calculate what our part is worth

[tidy 2] 29/12/2017 11:42

Obviously you could calculate what China may pay for ZIOC Zanaga stake or part of.

[tidy 2] 29/12/2017 11:37

Comparative dealsWorks out China have agreed to pay $10.5bn for 1.104bn tonnes 65% high grade Ore at Simandou. That's 46% of 2.4bn tonnes for $1:3bn and 46% of $20bn. This is providing China are not paying the full $20bn capex.Deal done with REO

[petebarnes1] 29/12/2017 11:32

Well after a 20% drop we are about to go blue

[abeygale] 29/12/2017 11:30

PUGUGLY has never been right here once. I think he works for the MM. As the last time he stopped potential buyers from having shares at 3.75p before the mad rise to 26p.

[petebarnes1] 29/12/2017 11:09

we wont have to worry about it topaz , lol just will have t worry about what bank account to put my massive pay off in

[topazfrenzy] 29/12/2017 11:08

Your HOT AIR tidy has been proven just that, HOT AIR!

2p by August 2018

[topazfrenzy] 29/12/2017 11:05

The port hasn't even started yet, needs 4 years and billions, and tidy thinks Zanaga is a done deal!

The report was meant to be a study to see whether it's worth doing a small operation project or something, everyone knows it is a waste of time, as no one will pay for that, Glencore is not interested and nor is anyone else.

Years on the back burner this one, come back at 2p in August.

[aja5] 29/12/2017 11:00

So they have another six weeks to grab as many shares as they can.........

[sooty snipes] 29/12/2017 10:56

Pete.........OK point taken. Good luck

[extrader] 29/12/2017 10:54

Hi guys,

'Independent consultants' aren't necessarily confirmation of outside interest, esp. if appointed by ZIOC itself.....

Their report in due course may, however, be part of a 'selling document' ;->

ATB