Zanaga Iron Ore Share Discussion Threads

[topazfrenzy] 15/5/2018 07:36

Pretend you're a journalist for a mining publication next time you call

[gta5] 15/5/2018 00:24

Sooty, I agree that movement on the port is key. (and I'm sure it will come, although it might take some time of course)
But, cold pelletisation is the wildcard, and something we have very little knowledge about. We know nothing about its technical feasibility (or added cost per tonne for that matter). It is to the best of my knowledge not used anywhere else in the world. This longshot and the EPP distraction are the parts that make very little sense to me.
On the other hand, the good parts are the supposed initial high FE purity/concentration, the vast proven and probable reserves, the land allocation and expropriation agreed by the state, and the strong probability that sooner or later RoC will have to get the SEZ off the ground (especially to woo the IMF).
With that slow but positive evolution and now the permits in place (Mining and Environmental etc) the risk-reward balance should be tilting in favour for large companies that can throw a couple of billion USD at the project. Judging by the share price we're not quite there yet but I hope that slowly we're getting closer.
I'm waiting as patiently as I can, perhaps it's a question of going away for a few months and look at it again in the autumn? (My curiosity will of course get the better of me, but hey)

GL
GTA.

[sooty snipes] 14/5/2018 20:06

Cheers GTA. Yes some action on the new port would be a big boost to the share price I'm not quite sure what the EPP is all about. According to Andrew Trahar this cold pelletisation process if it works would make a big difference to the value as against the conventional process. I thought all this latest "early production process" was a precursor to a bid or funding from a third party

[sooty snipes] 14/5/2018 19:46

He said NEIGH lad I can't tell you anything :o)

[topazfrenzy] 14/5/2018 16:05

I'm holding out for £3+

[topazfrenzy] 14/5/2018 16:04

and what did he say?

[cudmore] 14/5/2018 13:56

CLP news imminent. Will multibag!

[sooty snipes] 14/5/2018 12:48

Are you still holding GTA5..........Your posts are usually the most reliable and well grounded ones.

[sooty snipes] 14/5/2018 12:43

petebarnes114 May '18 - 11:22 - 302 of 303
0 0 0
nothing fake on our thread and open to all
==================================

Comment from Pete Barnes. You have posted loads of fake news from Twitter over the past six months. You were caught out Barnes. What you want is your own little echo chamber. A chat board shouldn't work like that.

Anyway I have spoken to Andrew Trahar this morning. I prefer news that I know is straight from the horses mouth.

[seagreen] 14/5/2018 12:03

please refer to company announcements concerning cash available for this year.



o US$1.53m budget approved for 2018, which amount is funded 50% by Glencore and 50% by ZIOC

o Budget allows for funding study work on the EPP project including specific product test work on the pellet feed and pelletisation products and scoping of the EPP project's viability and economics

o US$3.8m cash on hand at ZIOC as at 28 February 2018

[petebarnes1] 14/5/2018 11:22

nothing fake on our thread and open to all

[petebarnes1] 14/5/2018 11:21

we are close

[mister md] 11/5/2018 15:24

CLP one of the worst on AIM

[cudmore] 11/5/2018 13:52

CLP.....court need about to drop. Will send the share price soaring. Looks like a leak already.

[cudmore] 11/5/2018 13:52

CLP.....court need about to drop. Will send the share price soaring. Looks like a leak already.

[fillipe] 11/5/2018 11:50

I'm back in here at ZIOC - quite happy in the sub-12p range.

gla,

f

[1fox1] 11/5/2018 11:06

Anyone tried calling AT to see when the update is expected? I found him quite accommodating the last time I called him.

[mister md] 11/5/2018 10:48

Cash must be running low by now

[the greedy labrador] 10/5/2018 19:08

Nice one Sooty. Didn't realise he was only allowing positive comments. Correct you may as well have an echo chamber. These could do with getting a move on. Almost halfway through the second quarter. Still no update. Are they going to leave it till the end of June? Let's hope not

[sooty snipes] 10/5/2018 16:25

Has you can see there was nothing offensive in my remarks. Barnes didn't like being found out. That's all there was to it

[southafricaninvestor] 10/5/2018 11:07

Ciao all,

patience the key here...

interesting article out today saying Chinalco looking for more iron ore in Africa. If we are talking high quality then I can only think of Zanaga.

Expect market to wake up

hxxps://www.scoop.it/t/chinalco-looking-for-further-iron-ore-in-africa