Zanaga Iron Ore Share Discussion Threads

[sidjameslaugh] 19/11/2017 20:19

Evening Antboy. Found yourself a McDonalds in Staines for some free wifi. Still got that money in case you need a new keyboard.

[kinkell] 19/11/2017 19:55

Not sure Glen did spend $350m - was it not Xstrata? Not sure massive greenfield projects are Glen's 'bag'. More chance of Chinese investor?

[andrbea] 19/11/2017 18:35

Negative article from S-Prophets
but they ignore all the money that Glencore has put in and how precarious it would be for Gelencore to wait till they personally 'need' a new iron ore project. Surely the big question is, ah, a predator (eg the Chinese) won't wait that long (now that env. permit is there) and will take it off their hands, leaving Glencore with that LOST initial investment (of $350m).

[petebarnes1] 19/11/2017 18:32

lol what a twit

[royalalbert] 19/11/2017 17:27

yep absolute idiot, he ought to do some research into the history of this project, how the hell can he say sell at 8p, as he looked at share price.

[cudmore] 19/11/2017 16:23

If you took ‘Shareprophets’ advise on everything yoy’d be bankrupt by now lol.

These are still undervalued, hence the strong buying still, even after the 300% recent rise. Someone at shareprophets obviously hoping to make some money shorting these.....big mistake imho.

[mayookhp] 19/11/2017 15:34

Why did south African investor say some truths..he is a mm perhaps SA stock exchange. Why his ave is 25 ..he has been caught hanging on to shares as the selling happened he had to buy them back..He knew and knows...why TO at 77 p...because IPO was 153...he waould have been a mm seller up to 213, then as market for Iron crashed so did Zanaga...until 2-4 p...he has been lumbered with share no one wanted...now the game is changed he need to break even and so do all mms ...their average is 77p...50% Of IPO price...GLA ..the only winners are the ones who hang on tight..scalp and play at their own games...GLA...IMHO...look at the weekly graphs..that tells you mm balancing their books...this is so undervalued, and hedges are buying into premium coms..like recently MKA...Glencore with this asset Zanaga..are worth a fortune in their books, although only 50 % at the moment..soon , they will be 100%..imagine their asset value..in Zanaga alone ...billions...now thats borrowing power, and manipulating power..they own Congo ...So what are they willing to pay for such a massive asset price? ...HOLD

[mayookhp] 19/11/2017 15:18

Over-valued?...Not so. Why would staff exercise options now, why did they dismantle the trusts very quickly...so that the staff are registered as share holders officially now...why now? They have years for project to fruition once Permit is in place? Why?Because, they know that’s the only way I.e., being reg holders, soon they will make big returns on option they were granted ages ago and still have six years to run ...why?...TO and registered share holders will get on close of TO either cash division or Glencore shares...Another mystery is why has the major SH Glencore remained mute ..not a single peep..because they are the buyers...Hold tight, mms just finished the week Friday shaking the tree to balance their short falls.....may be made a bob or two, they have to eat also.

[sooty snipes] 19/11/2017 15:15

Gary Numan......Didn't he sing Are friends electric and Cars? :o)

[sidjameslaugh] 19/11/2017 14:29

Yep Gary Newman. Of course he knows what he's talking about. A dart would be a more reliable predictor.
hxxps://www.shareprophets.com/views/24637/uk-investor-show-dragon-s-den-picks-update-gary-newman-facing-p45

[glenbo1] 19/11/2017 12:56

Share prophets Well you get more wrong calls than right ones.They are talking total rubbish in my opinion.

[exploratory] 19/11/2017 12:56

I don’t have access: is the substance of the argument lead time to production or is there any other concern?

[garthgreyling1] 19/11/2017 10:17

Huge thanks for this above Mayhookhp

[midasstingray] 18/11/2017 19:55

The only downward pressure is on TA at around 15p. Makes no difference to me as I am holding and not worrying about the share price If the rumoured buyout comes to fruition then people will be upset that they didn't take this opportunity to hoover up more shares. Upside outweighs downside for me.

[exploratory] 18/11/2017 19:45

The fullowing factors support the valuation case : Permits obtained, Cyclical Recovery in Iron Ore, Superior grade mix, Glencore strategically underweight in iron ore.

[exploratory] 18/11/2017 19:41

No idea where the price will go in the short term. I haven’t heard any persuasive bear cases on the valuation front, just nonsense about the share price direction. In the absence of any credible bear case, the only rational response is to hold and add on weakness.

[ayesha4] 18/11/2017 17:40

Just a waiting game - I doubt you will see anything like 12p again but thats what shorters do - instil fear. Massive gains here over the coming months.

[tidy 2] 18/11/2017 13:44

Shorts here will get toasted soon. Don't look a gift horse in the mouth guys.