Zanaga Iron Ore Share Discussion Threads

[letmepass] 21/11/2017 08:50

Looking to move forward again... Expect the next big push over 30p

[petebarnes1] 21/11/2017 08:41

It should get to 30p plus over next day or so then on and up

[tidy 2] 21/11/2017 08:34

Supportive GovernmentStable operating jurisdiction with an established resources industryThe Republic of Congo Government is actively seeking to encourage mining-related investmentMining Licence receivedMining Convention signedLand acquisition for mine, pipeline and other infrastructure is a straightforward process as the land is owned by the Government, removing the need for complex negotiations with multiple private land owners, as in other countries

[shirley83] 21/11/2017 08:31

Akready blue.. Big day today 25p+

[tidy 2] 21/11/2017 08:22

Huge news will be announced before Xmas as per the RNS. Free carry to production and a special chunky dividend for holders. Surely would be around the ipo level of 156p ps. Starting point

[tidy 2] 21/11/2017 08:13

Sp was 110p with cap £308m on this report. We value ZIOP based on an NPV applying a 25% discount to ZIOC's attributable value to account for the lack of control. Our base case valuation of US$1.7bn (railway route) is 243% above the current market. We also provide ZIOC's valuation based on the pipeline scenario and JVA terms subsequently testing our NPV to changes in the benchmark iron ore price, capex and cash costs. In general, given the relatively low execution risk, the project's compelling economics and the highly protective JV agreement, we consider Zanaga as an attractive investment in the African iron ore space. Based on our NPV estimate, we believe that the JV agreement substantially limits the downside risk, effectively providing a floor to the company's valuation, while the potential sale to the strategic partner or Xstrata's buyout represents additional upside.

[sidjameslaugh] 21/11/2017 07:28

It doesn’t matter what the cost is today. They will be looking 3-10 years ahead with regards to demand. Hold for a few years and don’t worry about a few ups and downs. Morning Antboy :)

[kirk 6] 21/11/2017 07:27

Big upwards move today following yesterday's bullish intraday recovery

[monkeymonkey] 21/11/2017 07:24

there you go Topaz Iron Ore at two month high, there not going to sit around waiting for it to hit record levels then put there plan into action are they, i think Zioc have a better idea what's going on than urself, future looks good and happy to be onboard, lets see what happens, sure the big boys didn't join just for the fun of it, GLA

[tidy 2] 21/11/2017 01:38

Iron ore hits a 2-month highDAVID SCUTT NOV 21, 2017, 7:31 AM Photo by Sean Gallup/Getty ImagesIron ore spot markets rose strongly again on Monday, assisted by a sharp turnaround in Chinese futures earlier in the session.According to Metal Bulletin, the price for benchmark 62% fines jumped by 1.4% to $63.47 a tonne, adding to the 1.7% gain achieved on Friday.As a result of the back-to-back gains, it now sits at the highest level since September 27.https://t.co/VbOkeG6Xy7

[hope67] 20/11/2017 23:47

bullet ant
20 Nov '17 - 13:11 - 5222 of 5310 0 0 (Filtered)

[tidy 2] 20/11/2017 22:01

PREM being P&D'd again. A load of goons took the Primary bid tonight so it'll be offload time to the mugs now. Avoid that dog.

[cloud9surfer] 20/11/2017 21:51

He is ramping multiple share boards.

[tidy 2] 20/11/2017 21:51

Try £45m cap and $400bn resource. ZIOC JV with GLEN.

[timw3] 20/11/2017 20:48

o/t MASSIVE after hours RNS at PREM

PREM $1b revenue pot vs £20m cap. small placing of 125m shares at todays close. that will be traded within an hour tomm.

ZULU is an absolute monster no doubt about it

PREM will go bonkers tomm just Like ZIOC and GGP recently have

[cudmore] 20/11/2017 20:30

Topaz

These are only going one way.....get on the train as you’ll make more on the share rise than you’ll ever make trying to short these you clown 😂😂😂

[petebarnes1] 20/11/2017 20:27

all the Topaz desperate de ramping is giving me a headache filtered

[yasrub] 20/11/2017 20:26

Interestingly you would hope those taking this project forward would be looking at demand and pricing from 2021 the link in post 5300 would seem to indicate improving indicators for that time period - fitting nicely with Zanaga.

[petebarnes1] 20/11/2017 20:25

topaz what a dip stick lol , will prove you wrong very soon

[topazfrenzy] 20/11/2017 20:13

Sorry to disappoint the ultra-bulls here but read this and you'll realise how there is no rush to develop this, therefore take caution that's all:

"“With the conclusion of the 19th National Party Congress and the consolidation of power around President Xi, the refocusing of Chinese economic growth away from heavy industry to services will dampen Chinese demand for iron ore. When combined with simultaneous elevated global supply, this will put a lid on prices in the coming years,” the document states."

Price is forecast to average $50 next year.

[topazfrenzy] 20/11/2017 20:09

fox, I hope you banked some more profits since you regretted not doing so last week, I mean banking more profits as I know you said you'd sold 1/5th of your holding.

[tidy 2] 20/11/2017 19:41

156p ipo share price coming first stop. The rerate is on and golden cross almost in the bag. Many bags to come. Don't miss this one.