Zanaga Iron Ore Share Discussion Threads

[richie666] 12/11/2016 16:07

This thing looks primed to go.

[topazfrenzy] 10/11/2016 18:20

Presentation from September 2016 for those interested:
hxxp://www.zanagairon.com/pdfs/ZIOC-Investor-Presentation_21-Sept-2016.pdf

With iron ore soaring and Glencore as partners I am surprised the market has missed this one so far. Perhaps not for long, it could go ballistic and fast, very small free float and it moves big on only a few buys.

Mining is the sector to be in with huge infrastructure projects to possibly be launched everywhere, starting with Trump's America:

[topazfrenzy] 01/11/2016 13:18

I'm surprised people aren't dipping their toes here at this stage, 2017 could be the year this goes ballistic, it is seriously undervalued imo and could go x20 in a flash, and much more!

If Glencore announces aim to develop or partner with a third party then we're talking of a Billion Dollar company minimum. They've spent hundreds of millions already on it and it's ready to be developed just about, subject to funding of course.

[topazfrenzy] 26/10/2016 17:40

Time to start building a proper stake here, 2017 could be the year this sees funding come forward and therefore the share price could soar to multiple times the levels seen lately.

There's been some action over the last few days which could indicate something brewing, and iron ore prices have been 'soaring' again. Glencore seem keen to keep hold of it and iron ore should rebalance in the next few years, just in time for this to be operational. High grade ore and cheap production could turn this into a Billion Dollar company fast past 2021.

I think this share certainly is very compelling on a risk return basis, perhaps the most compelling in the sector. It is certainly under the radar and some will know how it shoots up on little volume once it gets going, with such a small free float.

[vijaymeher] 25/7/2016 13:29

Looks like this one is going no where anytime soon..

[richie666] 25/6/2016 17:04

Decent volume too with the stock bid over into the closing auction. Would not be surprised to see a run at 5p again soon.

[richie666] 25/6/2016 12:34

V odd trading Friday. Up near 30% against the market backdrop. Could there be news on Glencore's stake sale afoot?

[vijaymeher] 20/5/2016 10:58

I have taken a small punt on this recently but hasn't seen it rise much. Any thoughts of where it is going guys ?

[extrader] 09/5/2016 08:39

Hi all,

Glencore still a player ....

SYDNEY--Glencore PLC (GLEN.LN) said it has gained a new source of iron ore for its marketing business as it becomes a substantial shareholder in Australian miner Atlas Iron Ltd. (AGO.AU).

Last year, Glencore bought some of Atlas Iron's debt, a portion of which has now been converted to shares under a restructure of the Australian company. Consequently, Glencore-controlled Maru Sky Ltd. holds an 8.5% stake in the company, according to a regulatory filing Monday.

Atlas Iron has been struggling to stay afloat amid a sharp downturn in world iron-ore markets. The company was worth nearly 4 billion Australian dollars (US$3.0 billion) as recently as 2011 but has been losing money rapidly as iron-ore prices fell to a decade-low, underpinned by a swelling global glut of the steelmaking ingredient.

Glencore said it has secured marketing rights for a portion of Atlas Iron's exports, which are forecast to total up to 15 million metric tons in the year through June. "Glencore is a significant global marketer of iron ore, though we do not produce it ourselves," Glencore said.

ATB

[wookie77] 28/4/2016 12:13

i know thats what I'm thinking….its the kinda chart i love. I nice strong rising base always leads to a big breakout. Whilst this might sound like a blatant ramp you can almost feel the pressure building!!!

[comedy] 28/4/2016 11:32

wookie u in here too??? looked at long term chart and does look like this on way back up after several years of falls???

[wookie77] 28/4/2016 10:55

Some movement again on level 2 and buying. Time for next leg up….this is creeping up the blind side this one!
Shhhhh dont tell anyone :D

[nash81] 21/4/2016 15:24

fyi - another iron ore in my portfolio are wafm and sblm. keep an eyes on those two too

[nash81] 21/4/2016 15:23

keep quiet guys, lets buy anything sub 10p before the crowds are here

[topazfrenzy] 21/4/2016 14:33

Strong base keeps building, rerate under way!

[topazfrenzy] 20/4/2016 18:25

Big volume today too, lots of interest yesterday and today, should keep picking up hopefully. Big miners on fire for a while.

[topazfrenzy] 20/4/2016 18:23

Wookie, still time to do it tomorrow - I added a few today and now holding, this is so cheap, 20p would be nice in the next couple of months, just for starters lol

Anything could happen here so would rather be in this one. So few shares on the open market.

[richie666] 20/4/2016 16:54

Chart looks like 10p possible within 2-3 months. IF they have a buyer for GLEN's stake, be interesting to see what value that puts on the Co. Could be 20p+

Iron ore's rebound is, it seems, generating interest in these minnows. ZIOC in the pound seat with the asset base if they can get it financed. Remember, everything is cyclical.

[wookie77] 20/4/2016 16:52

Well now thats an interesting chart!!! I meant to top up today and rather sad i didn't get around to it!!

[topazfrenzy] 20/4/2016 16:51

This is looking very very strong now, rerate coming no doubt, double figures on the way ;)

[nash81] 18/4/2016 00:26

time to add more. ZIOC will be double digit figures soon. any updates from Glencore will drive this mad lol. buy now before the crowd is here.

[topazfrenzy] 14/4/2016 12:35

Back from hols and this is going nuts! Iron ore going nuts :))

Glad to be holding ;))))