Zanaga Iron Ore Share Discussion Threads

[the stinger] 12/12/2014 13:55

Nop, probably another delist job though until the price of IO recovers,,,which will be years.

[apfindley] 12/12/2014 13:50

This is looking bad now.Ominously like a placing at a highly dilutive price. OR theres a sniff of administration here.Large fall on half a dozen small trades.And no buying into the fall, makes it look worse.

[blueball] 12/12/2014 13:23

Lol.

Worth a punt @1p though.

[declan2] 11/12/2014 23:38

is paulithe pilot still in these ?

[rojer108] 11/12/2014 20:28

I sm a buying at 2p for a complete punt.

[the stinger] 11/12/2014 15:45

Yep, 4-5p at least i'm afraid.

[tricky1000] 11/12/2014 15:33

And another 400,000 looks like 3 p may well be on the cards if anyone fancies a long term punt!

[tricky1000] 11/12/2014 14:23

Someone just dumped 200000 shares

[blueball] 11/12/2014 13:58

Waiting for 2p. .

[blueball] 09/12/2014 10:53

Is this going to 5p..?

[the stinger] 28/11/2014 20:13

Yupa, even if they delist any shareholder would be still be invested in the zanaga story, ok for longs waiting for the IO market to turn and the project to kick off, however if your in short term then no good.

This is a possible 10/15 bagger,, in a few years time,, when the IO tide turns. BOD are not letting $350m spent to date and all the IO, licences etc etc go to anyone, they will ride it out either with or without Glen.

This is a long term investment play only, therefore an excellent entry price at these levels and lower.

[yupawiese2010] 28/11/2014 19:38

If I was holding, I would be concerned that they might delist.

[emptyend] 28/11/2014 15:03

FWIW I averaged down here this morning and cut my in-price to 10.5p. Still too high of course for those who kept their powder completely dry, but better than many?Low cost is important here - not too difficult to envisage ZIOC being swept up by a bigger player, I think, even though the short-term looks tricky.

[bpc10] 28/11/2014 14:22

Wasn't ZIOC a spreadbet Magazine Tip at 15p LOL

[31ben] 28/11/2014 13:49

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[bpc10] 28/11/2014 13:41

I wouldn't buy any until there is some news on the funding and a general update on what they are going to be doing. Could easily be sub 5p soon or lower with no news IMO.

[gta5] 28/11/2014 12:34

so in all this storm, what is the next step for ZIOC assuming iron ore prices are likely to stay flat over the forseeable future? will they be able to weather the storm for a year or two?
Thoughts? is it a buying op or a dud?

GTA.

[kitcomet] 28/11/2014 10:13

In administration?

[blueball] 28/11/2014 09:33

Down 20% when will it ever end.

[kitcomet] 24/11/2014 21:09

Anyone any idea when we may hear something?

[tyler90] 18/11/2014 14:14

2 x 1m buys in the morning at 8.5. £85k or £170k shows someone has confidence!