Zanaga Iron Ore Share Discussion Threads

[runnerpete22] 22/6/2023 18:15

Another excellent and informative post from minorminer back in April..

"ZIOC have been predicting the demand for high grade for some time, and it's becoming a head-long rush. The risk for the BHPs of this world is that their giant Pilbara deposits (60-62% Fe) find themselves stranded. They are looking at all types of methods to stay in the game from beneficiating their ore to new oxidising agents to replace coking coal (biomass, hydrogen etc). All to satisfy the Net Zero craze.
Most steel makers risk equally stranded assets in their blast furnaces. These have massive sunk capital and cannot produce green steel.
IMO the Gulf States have it spot on, and are my firm favourites to snaffle Zanaga. There are building vertically integrated steel industries from scratch in 3 Mega Hubs. They are designed specifically for green steel production using high grade iron ore (65%+). These hubs *WILL* be needing 100ms of tonnes of Zanaga-grade ore from 2025 onwards, which makes the purchase of Zanaga a racing cert for me.
Worth mentioning that last month Brazzaville signed those 3 agreements with the UAE (trade, tax and ownership, tourism and travel) each of which facilitate inward investment for the likes of Zanaga. Plus AD Ports signed to build a new port at Pointe Noire. For me this is gearing up to secure that ore for those steel Mega Hubs (SA, UAE and Oman).
It was President Nguesso's son Christel who was in the UAE on behalf of Brazzaville. For me this also helps explain the dearth of news from ZIOC despite all the infrastructure progress. The infrastructure deals and arrangements are being done at a national level - until all is done ZIOC have to keep quiet and their heads down.
FWIW I think all this makes a suspension on news of a buy out offer all the more likely. Which would mean no chance to buy on news...."

[xcap1] 21/6/2023 10:22

https://www.youtube.com/watch?v=UPw8EVIY5C0&t=204s&pp=2AHMAZACAQ%3D%3DJust watch this Rick rule interview and you'll get the point

[xcap1] 21/6/2023 10:20

This is bulk commodity and the revenues are insane I'm invested in Morien Resources a coal royalty co on TSXV, waited a long time but the revenues and therefore royalties coming thru in the next 2 years are insane. Again with bulk commodity patience is key but the payout is eye watering

[xcap1] 21/6/2023 09:58

And certainly it will be a phased development. Stage 1 up to 5 million tons Pa, phase two 12 and then whatever lolFunders will want to see phase 1 fully implemented with the massive revenues coming thru to give them confidence to move on to phase 2 which should be significantly funded from phase 1 But this is most certainly the next generation of green steel with our very high purity Fe

[xcap1] 21/6/2023 09:54

I do not see a buyout, the capex is simply too much to merit a buyout. I see Zioc's (not Glen) interest in the project being diluted, and Glen partnering up with a global player moving this forward. No one is going to pay $1billion for Zioc which would be another $1billion added to the $2.3billion capex cost Just my opinion If this goes thru to funding it will Glen (forward funding for off take), an additional global player (maybe thru the Saudi fund) or mining house and debt/equity

[xcap1] 21/6/2023 09:42

I can't seem to log into LSE to engage with them but want to thank them all for their amazing work and insight

[xcap1] 21/6/2023 09:41

Excuse the typos

[strollingmolby] 21/6/2023 09:28

Xcap1, runnerpete - thanks for the pointers to the LSE site for all the extra detail posted there by MinorMiner and others - fascinating to see the blocks falling into place.

[runnerpete22] 21/6/2023 09:24

Now look at the latest news posted by MM over on the LSE site re the link between Vale and the Saudis.

[bbanker] 21/6/2023 09:03

At current value this company is very vulnerable to a bid. Another investment for the patient with considerable upside based on the value in the ground. Watch the rise or become part of it.

[xcap1] 21/6/2023 09:02

Looking good!

[runnerpete22] 21/6/2023 08:58

For the benefit of newcomers to this company, this info posted here back in April is still appropriate today.

Xcap123 Apr '23 - 10:16 - 2153 of 2223

I would have thought that the value of the DFS (and then some ) has to be reflected in the ZIOC mcap ?. Xstrata spent $350m plus additional studies , this would equate to about £300m mcap
Xcap123 Apr '23 - 10:20 - 2154 of 2223

I mean how much would it cost for a project like this cost in todays terms to a completed DFS - $500m ?

runnerpete2224 Apr '23 - 08:35 - 2158 of 2223 Edit

Xcap1..that expenditure alone equates to a share price of 47.5p Re the research and info from posters on LSE; it is incredible, and no wonder the share price is at just the start of what we believe will be an incredible journey in the very near future. With a nod to Aberdeenman over there, even if you dont get in at under 20p, you will still most likely make multiple of multiples of that price. FYI, a very miserly bid of just 1 billion US Dollars equates to a share price of £1.30 ish. NAI/DYOR/GLALTH

[xcap1] 21/6/2023 07:51

MinorMiners posts on the LSE board are well worth following , so much detailed research and the others there as well.

[xcap1] 20/6/2023 15:34

Nice 3 year chart

[davidlloyd] 20/6/2023 15:21

we haven't had much choice other than being patient tbh :-)
DL

[xcap1] 20/6/2023 15:10

Well done, I admire your patience

[catchingmice] 20/6/2023 14:59

5/6yrs i should have stated

[catchingmice] 20/6/2023 14:58

Well that's me even now after 5/6hrs Haha

[catchingmice] 20/6/2023 14:36

About bloody time waited long enoughonly another 45p to break even

[bbanker] 20/6/2023 14:09

It’s been a long wait, but, at last there seems a way forward for Zanaga. Now there seems a prospect of realising the value locked up in this mining company. It is not the time to sell.

[xcap1] 20/6/2023 14:06

Thanks for posting here

[runnerpete22] 20/6/2023 13:58

For the benefit of those who didnt see this, or forgotten about it,courtesy of Minorminer on LSE in March.

"New port tailored for Zanaga27 Mar 2023 10:38
The news that AD Ports are building a new 'Mole Port' is tailored-made for Zanaga:

United Arab Emirates (UAE)-based port operator AD Ports Group has reached a Head of Terms (HoT) agreement with the Republic of Congo’s Ministry of International Cooperation and Promotion of Public Private Partnership for a new multipurpose terminal in Pointe-Noire.
The HoT will provide the company with the exclusive right to invest in the development, operation and management of the New Mole Port.

hxxps://www.ship-technology.com/news/ad-ports-multipurpose-terminal-icongo/

It didn't at first click the huge significance of a 'mole port'. Here a 'mole' is a long, massive quay, jetty, pier or breakwater.
No consider this detail buried deep in ZIOC's annual report and accounts from 2021, page 86/87:

During Stage 1, concentrate will be TRANSPORTED ALONG A 625M LONG JETTY AND loaded onto 12,500DWT transshipment vessels, protected by a detached 385m long breakwater. Transshipment operations will load 250,000DWT Capsize ocean going vessels approximately 3 nautical miles from shore.
To support direct loading of 250,000DWT vessels during Stage 2, the jetty will be extended by 1.33km, with additional capital dredging required to create an approach channel and turning basin. Dewatering and stockyard infrastructure will also be expanded.
During operation all spares and consumables will be received at the existing PAPN port and transported to the mine site by road.
There is an opportunity to export 2 to 6 Mtpa of DSO during Stage 1 using road haulage, existing rail infrastructure and A NEW BERTH AT EXISTING PAPN PORT.

hxxps://www.zanagairon.com/investors/reports/

> So, AD Ports are building at Pointe Noire a new 'mole port' which is near enough *EXACTLY* what Zanaga needs to export."