Zanaga Iron Ore Share Discussion Threads

[topazfrenzy] 20/11/2017 16:49

tidy2, i know this share more than you, nothing is happening at this time, pick up the phone and speak to them and they will confirm that they are not in selling talks.

$2Billion funding is needed, get a grip and stop ramping.

[gta5] 20/11/2017 16:46

topaz filtered. enough "promoting".

[tidy 2] 20/11/2017 16:46

TopazFrenzy yep you are wrong well done. Research mate

[letmepass] 20/11/2017 16:46

Not many sellers left.. Expect a rise tomorrow

[topazfrenzy] 20/11/2017 16:45

I see lots of selling after hours not buying!

[kirk 6] 20/11/2017 16:44

This will be well into the 20s tomorrow very strong close with plenty of buying

[topazfrenzy] 20/11/2017 16:40

I hope people with outsized profits took money off the table this afternoon, this is going to take much longer than anyone imagines, the rampers are delusional as to a deal coming imminently!

Some of us pretty much know that negotiations are NOT going on at this time just by watching the trading patterns. So a retrace back to 8p is on the cards as far as I'm concerned, unless a miracle happens between now and March.

I may be wrong, but Topaz rarely is.

[tidy 2] 20/11/2017 16:30

And ZIOC has £4m cash for tea and biscuits as GLEN is the sugar daddy.

[tidy 2] 20/11/2017 16:23

ZIOC can't dilute GLEN's 50% position.

[kirk 6] 20/11/2017 16:10

This is going to flu

[letmepass] 20/11/2017 16:09

Guys check out ONL as well

[glenbo1] 20/11/2017 15:55

Ant What placing?????You obviously know nowt regarding this company

[sidjameslaugh] 20/11/2017 15:48

Greggs on its way Staines boy. PS you are cutting and pasting and back peddling somewhat. But hey, good luck.

[dave4545] 20/11/2017 15:44

Ah here they all are.

They are like peas in a pod letmepass/miah/bulletant who hijacked the ngr thread
Friday and posted a load of garbage then all vanished again.

I fear new traders to this game that believe anything this trio right on here

[letmepass] 20/11/2017 15:43

Hasn't been one in 10 years... Unlikely to happen until 2050

[bullet ant] 20/11/2017 15:39

I WAS SAYING DOWN FROM 25.0P

AS FAR I AM CONCERNED IT'S STILL DOWN.

BUT OF COURSE, SHARES DO NOT GO OR DOWN IN STRAIGHT LINES.


I AM JUST WATCHING WITH INTEREST.

I WANT TO SEE THE PLACING PRICE.

GRANTED THE share price IS UP, BUT I WILL NOT CHANGE MY OPINION ABOUT THIS BIN BAG AIM COMPANY.


BA
STEALING IS GOOD

[tidy 2] 20/11/2017 15:36

lol. Mince and onion plz. Heading for ipo 156p.

[sidjameslaugh] 20/11/2017 15:29

Very optimistic assumption of profit there and I see no mention of what the Congolese Government will want to take from all this. However, having said that, I would expect this to get back to IPO if no interference and I can rejoice and buy Antboy a Greggs. :)

[miahkaysor] 20/11/2017 15:27

letmepass

you mean today? lol ;)

[letmepass] 20/11/2017 15:23

Back over 25 tomorrow

[tidy 2] 20/11/2017 15:22

Today 15:15 Price: 20.00scottology 565 postsSignificant Profit PotentialWorking off my newly calculated $80/ton selling price for 66% FE Production Costs Stage 1, $32/t FOB (Free On Board) Production Costs Stage 2, $26/t FOB $49/t profit x 12million ton = $585million/year x 9 years (Stage 1) = $5.263 billion $54/t profit x 18million ton = $985million/year X 21 years (Stage 2) = $20.687 billion Combined profit = $25.950 billion Less $4.7 billion capex (infrastructure/port/etc) = $21.250 billion ZIOC 50% share $10.625 billion Shares in issue 278,780,000 = $38.11 (?28.59) per share As you can see, relatively small changes in iron ore selling prices can have drastic effect on future profits. That extra $20 profit nearly doubles the value to ZIOC. That's for proven 77- MT reserve For 2.1 BT would generate $105 billion = $52.5 billion (ZIOC 50% share) = $188 per share 0.75 exchange rate = ?141.24 per share

[tidy 2] 20/11/2017 15:17

MMS set up a nice bear trap. The savvy were buying.

[yasrub] 20/11/2017 15:16

Interesting if some did short Friday/this morning - this is relatively tightly held.

[tidy 2] 20/11/2017 15:11

Short this and you need to visit the docs immediately