Zanaga Iron Ore Share Discussion Threads

[petebarnes1] 05/7/2018 10:49

VERY GOOD NEWS

[petebarnes1] 05/7/2018 09:45

morning all holders

[crazy big boy] 05/7/2018 09:05

Fully loaded will be fully deflated at this rate of tanking.

Looks like 9p will be gone this week, illiquid stock gets smashed easily when punters are in distress.


Careful, a -40% spike down should be discounted when no one is watching is possible.


CBB

[pugugly] 05/7/2018 06:57

Just for the record - share price at date this much better thread started 11.15/11.5
SP as of market close 4/7/18 9.6/10.55 So a slight fall and possibly temporary widening of spread but all miners currently see to be under the cosh.

Still (imo) a binary bet

Declaration - Sold out some years back at >19p. Still however on radar and watching as could be a multi-bagger subject to timing.

[frogkids] 04/7/2018 23:35

well said pete

[petebarnes1] 04/7/2018 23:34

PS one final point i have smelt the coffee and I LIKE IT , NO I LOVE IT

[petebarnes1] 04/7/2018 23:33

Sorry fox i said i was fully loaded not all in please be corrected, and fully loaded to me means i have bought a-lot of shares and have fully completed my buying . Yes i also agree a buyer going over 3% does appear to be a positive yes . You are stating you hold the shares there are so many on advfn that state they hold this that and the other and their agenda differs to quite some extent . You are correct in stating that if zioc want to take this to full production they would need finance, however at the stage they need to raise any finance, i personally feel that they would have all the technical data re cold pelitisation, the exact quality and extent of the project to had to give very favourable finance terms. And don't forget finance raising on many companies with such provable assets are fairly readily available without any share dilution. Also the grade is proved at high quality high grade, and licence is issued , so i certainly do not see it as , as high risk as you.And in the last sentence you have confirmed my thoughts any way in that port finance as elude to to some extent is the key to unlocking any future finance needed. And so in conclusion i am a little less worried than your kind self, as i believe all will fit in to place very shortly. Enabling finance if require to be gained at favourable terms, i don't see any share raising required.

[1fox1] 04/7/2018 22:17

Sorry Pete, if someone says they are all in it usually suggests just that. I pointed out a new investor buying such a large amount of shares as a positive. I hold the shares so this is hardly de-ramping. I'm a realist. I think the most serious threat to this company is running out of money or needing to raise money by a share fundraising exercise. There are a lot of obstacles to get over before we get to actual production on a large scale. If you see this as de-ramping it's not. It's a fact. This is an extremely high risk share. The higher the risk the higher the reward. Now if all you see in front of you is clear blue sky you need to wake up and smell the coffee. The proposed port/road and rail are a long way off. Let's hope it happens before we run out of cash. Once we have a green light and work on the infrastructure and port commence that's when I expect the financing to fall into place.

[frogkids] 04/7/2018 21:17

i see fox is still proof reading all of peter's posts how sad. And so gloomy

[petebarnes1] 04/7/2018 21:14

again fox no all eggs not in this, incorrect as i hope you are proven soon on zioc

[petebarnes1] 04/7/2018 21:12

fox the same could be said of yourself give the de ramping gloom and doom a rest. Your just an investor like me and are passing on continually your thoughts i have hardly mentioned 1.50 other than to say thats my target. You differ and that is respected , just try and respect others have very different opinion thanks peter. Ps finance could be sorted in many different ways as you should know . And that is if zioc take it on to full production!! pps no all my eggs are not in this one just one egg of many .

[1fox1] 04/7/2018 19:54

Captain..........Very funny I like it :o)

Pete has a matter of interest what's fully loaded? Does that mean you have everything riding on this one? I hope not. If so you are dafter than I thought :o)

There is a old saying...About Eggs and baskets............

[1fox1] 04/7/2018 19:49

Well there is some serious dough in the IOM tax haven. Pete do give it a rest mate. This share is a high risk strategy. This fella in the IOM restores a bit of faith. A bit more than you do Pete. What are you on about someone disagrees with your analysis Pete? We both hold. The only difference is you have been shouting 150p etc for the last six months. I tend to think it will take longer. Hence we could have a cash problem.

[captain of the titanic] 04/7/2018 19:42

I am still steering this ship.

[doom loop] 04/7/2018 19:31

is it £200 worth ?LOL

[petebarnes1] 04/7/2018 19:30

temmujin i to am fully loaded

[petebarnes1] 04/7/2018 19:27

I am sure foxy does not always get everything spot on, no one is perfect, wait and see guys i will probably be telling you all i told you so but not it 2020.

[petebarnes1] 04/7/2018 19:26

Well some one disagrees with your analysis and is happy to build quite a holding. As i have sated this will not be tucked in a draw for long. Happy to hold and accumulate ! Pete

[supervillain] 04/7/2018 18:50

He did not have much options than to disclose it. Most probably averaging down heavily now. That's my take.

Does not bode too well for him.

I wonder if he posts on this thread too.

No he did not pick 9M shares in the last 3 days, he must have been holding a large amount and it crossed the 3% threshold

Maybe that's why the price is being held up artificially when in reality it should be closer to 5p or even less.


His initial investment may be bigger £1m but also he could have bought last year in the lows. if bought shares in the lows and he did not sell in the 20s then maybe he made a big mistake.


I have a feeling he was a big buyer around 18-19p, when the dumping started from 25p. Some biggie was offloading millions on a buyer.

[aja5] 04/7/2018 18:47

He’s managed to pick up over 9 million shares......so £1million give or take

[1fox1] 04/7/2018 18:43

So who's Keith Everitt. See holdings in company RNS