Zanaga Iron Ore Share Discussion Threads

[bullet ant] 20/11/2017 13:06

LOOK AGAIN

SOME LITTLE SUPPORT AT SUB 10P. THAT'S MY INTERPRETATION.

OF COURSE OTHERS WILL INTERPRET DIFFERENTLY.

BA
STEALING IS GOOD

[fission453] 20/11/2017 13:02

bullet ant20 Nov '17 - 12:56 - 5214 of 5217 0 0 (Filtered)

So peaceful!

[tidy 2] 20/11/2017 12:58

The proving up of the resource required $350m cash. ZIOC free carried by GLEN for it for a JV Deal, 50% -1 share giving GLEN controlling interest. ZIOC has NEVER diluted and never will or GLEN will have it's holding diluted, would £53bn cap GLEN allow that. So the next stage already in progress is ZIOC Sell off a further portion of their remaining 50% stake or they sell out entirely. Whichever way you look at it ZIOC free carry and holders make £££££! Stock up for a lifetime of christmases this will give holders.

[panic investor] 20/11/2017 12:56

Not invested but the actual GAP is 14.5p and NOT 10p

Just to keep a level playing field for you guys on here.

See the chart here:

[sidjameslaugh] 20/11/2017 12:56

I've got some spare cardboard boxes in my garage if you need them Antboy, Ill pop over as I'm in West London today and can get you a Greggs.

[bullet ant] 20/11/2017 12:56

NOW NOW NO MORE JOKING.

WOULD IT NOT BE APPROPRIATE FOR THEM TO RAISE SOME MONEY NOW?

THESE MINING DEALS TAKE YEARS TO SORT OUT AND BY THEN THE share price COULD EVENTUALLY GO DOWN.
C'MON HANDS UP FOR ANYONE EXPECTING DEVELOPMENT NEXT MONTH, EVEN NEXT YEAR?

WE ALL ARE OK FOR HONEST DISCUSSION. BA IS ALWAYS OPEN TO NEW IDEAS, EVEN FROM THE MAJORITY OF INADEQUATE.




BA
STEALING IS GOOD

[tidy 2] 20/11/2017 12:48

Yes. The proving up of the resource required $350m cash. ZIOC free carried through GLEN for it for a JV Deal, 50% minus one share giving GLEN controlling interest. ZIOC has NEVER diluted and never will or GLEN will have it's holding diluted. So the next stage already in progress is ZIOC Sell off a further portion of their remaining 50% stake or they sell out entirely. Whichever way you look at it ZIOC free carry and holders make £££££!

[bullet ant] 20/11/2017 12:47

LOOK WHO'S POSTING WHILE ON HOLIDAY "COUGH" AND share price IS CRASHING, YES IT'S THE TALENTLESS MONG FROM GRIM YORKSHIRE.

CAN WE ALL CHIP 50 QUIDS EACH FOR HIS BEGGING BOWL?

BA
STEALING IS GOOD

[1fox1] 20/11/2017 12:46

Yes I'm a very old fox little ant. Some say as old as the hills

[bullet ant] 20/11/2017 12:45

I HEARD OF DDT ON GOOGLE, MR GOOGLE TAUGHT ME A LOT OF THINGS AND ALWAYS TAKE ME TO THE MOST EDUCATIVE WEBSITE, BRAZZERS.COM

ARE YOU 70 YEARS MR STOOPIDFOX?

GLAD WE ALL HAVE AN UNDERSTANDING FUNDING IS COMING, ONE WAY OR ANOTHER.

NOW QUESTION TO BE ASKED.

WILL THEY USE CREDE, YA, BERGEN OR LOMBARD? HOPE NON OF THEM CROOKS.

BUT A PRIMARY BID OFFER SAY AT 5P-6P, I MAY SUBSCRIBE FOR A FEW. OF COURSE I WOULD GAMBLE ONLY THE DOOR MAT ON ANY BIN BAG AIM SHARES.



BA
STEALING IS GOOD.

[sidjameslaugh] 20/11/2017 12:43

Antboy. He has magic powers..... He can use free wifi in the Staines McDonalds, just by sitting out on the street next to Greggs. He's special.

[1fox1] 20/11/2017 12:37

Thank you for your advice little ant mind nobody treads on you or gives you a squirt of DDT :o) Rather than selling more of my stock I'm looking where to buy back in. Don't think you'll get your 10p little ant. I don't think this will go below 13/15p not worth the risk of selling now in my humble opinion. The upside is far, far too high. A positive announcement due out anytime will see this rocket into the stratosphere. You will be left far behind and all sellers will be left kicking themselves

[bullet ant] 20/11/2017 12:37

AT LEAST MR STOOPIDFOX

IS AN HONEST KIND OF FOX. HE'S BEING TRUTH ABOUT FUNDING.

CAN SOMEONE PLEASE TELL BA? HOW DOES A COMPANY WITH MCAP SUB 50M? WILL GET HALF A BILLION FUNDING FOR THEIR SHARE OF THE DEVELOPMENT?

I SUSPECT THEY WILL RAISE FUND NOW AT 60 DAYS VWAP, WHICH IS WAY DOWN FROM HERE, ENOUGH FUND TO KEEP THE GOING FOR A FEW YEARS.

THEY ARE SPENDING ABOUT $100k-120K PER MONTH.

WHAT A USELESS SHARE, IT HAS LOST 90% OF ITS VALUE SINCE IPO.

BA
STEALING IS GOOD

[tidy 2] 20/11/2017 12:36

Yes. The proving up of the resource required $350m cash. ZIOC free carried through GLEN for it for a JV Deal, 50% minus one share giving GLEN controlling interest. ZIOC has NEVER diluted and never will or GLEN will have it's holding diluted. So the next stage already in progress is ZIOC Sell off a gutter portion of their remaining 50% stake or they sell out entirely. Whichever way you look at it ZIOC free carry.

[1fox1] 20/11/2017 12:29

Any project of this kind would require funding. No big deal it's par for the course.

[chick with 2 dicks] 20/11/2017 12:25

The company is saying they need funding

coming from the horse's mouth and yet punters they do not.

I think most semi intelligent people, would take guidance from the company

[chick with 2 dicks] 20/11/2017 12:23

not looking good.

suck punters in then hitting bid sid.

this is ending very bad for the rampers and chasers. Shorters got this by the goolies.


Can someone explain ?




Zanaga Iron Ore Company Ltd ENVIRONMENTAL PERMIT AWARDED TO ZANAGA

08/11/2017 7:00am
UK Regulatory (RNS & others)


The project team remains encouraged by improving iron ore market conditions for premium products. However, any development of the 12Mtpa Stage One project is dependent upon financing

[letmepass] 20/11/2017 12:16

ONL for the massive rise

[tidy 2] 20/11/2017 12:14

IODEX Price BenchmarkZanaga very cheap to extract. In fact it will be one of the largest mines in the world, most efficient and cheapest to produce. Zioc is free carried for 50% -1 share currently as GLEN have paid for everything. $350m to date proving up and this was before the mine had the go ahead to be exploited. This final hurdle was granted last week. Load up in your PF Before the next move which is likely a further freecarry or total ZIOC buyout. Eitherway ZIOC is a gift down here it won't be for long.

[tidy 2] 20/11/2017 11:49

$350m paid by GLEN to prove up Zanaga and NO dilution in 10 years for ZIOC.So any stock out there on aim such as Ars who's cap is £80/£90m will be getting funded for circa this amount from the market eventually. Although GLEN has obviously paid for the best of the Best to prove this up how many tiddlers on aim can claim that. But you can see how Aim stocks get diluted to death for funding. Due to our JV with GLEN, ZIOC has never and will never be diluted. It's a dream position and now theyre holding all permits to mine (another thing ARS hasn't got, no license or major backing). And to use Ggp as an example you can see how hilarious a situation this all is.Zioc £44m cap. ARS £85m capGGP £59m cap GLEN £53bn cap. (Our 50/50 -1 share controlling JV partner)

[petebarnes1] 20/11/2017 11:25

looking firm

[yasrub] 20/11/2017 10:44

Hi ee

I am making the assumption negotiations are quite some way down the road. Management have not diluted shareholders over a significant time period, holdings were changed earlier in the year I suspect to minimise their tax position in preparation of a deal. The permit has taken significant time I would think management have had ample time to line up a deal with potential interested parties.

Interestingly the quality and quantity of the resource is not in question and it is fact to get it to this stage the management have plenty of skin in the game and have not diluted PIs they refreshingly are aligned.