Zanaga Iron Ore Share Discussion Threads

[topazfrenzy] 16/1/2018 18:37

2p by August, that's my target

Iron ore stockpiles in China at highs, the price is down and due to collapse with Rio Tinto throwing more out to market, and others, and China will slow down and etc etc

[bullet ant] 16/1/2018 16:59

Hope you are dealing with your violent tendencies with your anger management session, after the pleps were informed about you.


As far I am concerned you are the one burning here, and guess what I intend to pour propane on the bonfire on the way to 5p....................


I suppose according to the idiots if it losses another 5p, people who have been shorting above 20p will be losing. OK


Dead cat bounce is over, we had the 2nd harmony little bounce and it's over.


This pig is going down, just look at the long term chart, IPO holders lost most of their money.


BA
Stealing is good

[glenbo1] 16/1/2018 16:50

Oh Bullet let's wait for another month or so.Please short this as I like to see someone go up in smoke....

[tidy 2] 16/1/2018 16:45

Catered for third party funding. China !

[bullet ant] 16/1/2018 16:37

Chart does not lie, after period of flatlining, yes it had an upward movement, nothing uncommon about having a dead cat bounce.

what's the valuation of the company? why is it valued at £36m with no funding to explore.

This is another zombie company, costing economies billions in lost revenues.


£1bn+ development cost, so how do they pay their share?

Not going to happen.

License should be revoked.






BA
Stealing is good

[tidy 2] 16/1/2018 16:21

In the mean time here is their presentation http://www.zanagairon.com/pdfs/ZIOC-Investor-Presentation_21-Sept-2016.pdfAnd here the Edison report before Glencore took over from Xstrata and the resourse being proved up beyond the figures here. http://www.edisoninvestmentresearch.com/?ACT=18&ID=6417

[tidy 2] 16/1/2018 16:09

I'll try track it down for you.

[1fox1] 16/1/2018 16:08

Extrader I agree he does far too much copy and pasting for my liking without ever posting any concrete facts. Wish he would pack it in and only post what is actually relevant instead of if's and maybe's

[extrader] 16/1/2018 16:03

Hi tidy2,

You're keen to quote ZIOC-related stuff time and again, too often for my liking, I must admit.

I'm looking for ZIOC's original IPO admission document, which should be on the co's website (but isn't) and doesn't appear to be available anywhere, even using wayback and similar.

My curiosity is piqued. Do you have it in your archives perchance ?

ATB

[sooty snipes] 16/1/2018 15:59

abeygale. With all due respect I'm sure someone even with the genius of Ant sometimes is incorrect. I suspect he's not too sure on this one. I will be surprised if he holds a position. Hence my question

[bullet ant] 16/1/2018 15:58

I will make it go back there too.
This pig is going only one direction and it's southwards.


BA
Stealing is good

[sooty snipes] 16/1/2018 15:57

Ant do you have a short position here? PS The chart shown above shows the stock bottomed 2015/2016 Then started it's recovery back in October last year. Bouncing off 10p before continuing upwards in my humble opinion. Good post though Ant

[abeygale] 16/1/2018 15:56

The Bullett Ant is bad robot. Is always right I have found in my experience.

[tidy 2] 16/1/2018 15:53

320k pa cash burn and they have no debt and 4m cash. Third party to buy ZIOC stake or part of it to fund Zanaga. China will pay up to $10.5bn per 1.1bn tonnes of 65% high grade ore as they prove at Simandou whose total resource size is 2.4bn tonnes at 65% and $20bn capex....Zanaga has 6.9bn tonnes at 66-67.5% high grade ore. $2.2bn capex. China are contracted to build the new deep vessel port with ore specialist berths at the same location stated in the ZIOP fs in 2014

[qazwsxedc69] 16/1/2018 15:42

Bad robot, like tidy 2, and bullet ant, is an idiot.

[tidy 2] 16/1/2018 15:31

TODAY: MINUTES AGO Congo-Brazzaville has announced intentions of joining OPEC, aided by the development of a new oil and gas field 75km off Pointe-Noire new port: '...At a rate of 300,000 barrels a day, according to the Hydrocarbons Ministry?s projections, the country forecasts an annual production of 117 million barrels. This performance could be achieved with the launch of the Moho Nord oil field, located in the deep sea about 75 km off Pointe-Noire, according to official sources. This project, the largest-ever carried out in Congo and operated by the French company Total, should allow a production of 100,000 barrels per day...' https://www.journalducameroun.com/en/congo-wants-to-join-opec-official-statement/ Remember that the details of Pointe-Noire contain new oil handling facilities: '..Pointe Noire is already the country?s main port and oil city but the government is keen to see the construction of a new port that could become the biggest on the entire Gulf of Guinea. Plans for the new port were originally drawn up purely to serve mining sector exports, particularly from new iron ore mines being developed in the east of the country. However, the scope of the project has now been expanded and China Road and Bridge Corporation (CRBC) has been awarded a contract to develop new general cargo and bulk terminals at Pointe Noire. A liquid bulk terminal will also be constructed alongside other oil industry infrastructure. CRBC?s plans incorporate 31 berths spread over a 9 km2 site, plus an associated business park, warehouses, a dedicated power plant and OIL REFINERY. The deepwater berths will be able to serve vessels of up to 300,000dwt..' http://www.worldcargonews.com/htm/w20140228.350088.htm

[tidy 2] 16/1/2018 15:26

No debt and tiny cash burn of circa £320k PA with over £4m in cash. Glencore funded $350m for 50% of Zanaga to prove up. All completed now with Enviro Permit Granted. All catered for China. News today confirms China is constructing the new deep vessel port with iron ore specialist berths. Zioc have not diluted or placed in 7 years complements of Glencore.

[1fox1] 16/1/2018 15:10

Doesn't look like a good move to me. Good luck to you anyway

[abeygale] 16/1/2018 14:22

Sold out @13.4 to get into VAL @4.31p. In my experience bad robot is always right.

[tidy 2] 16/1/2018 02:28

Jan 12th 2018, a bit more info on the parliament building currently being constructed by China in ROC.