Zanaga Iron Ore Share Discussion Threads

[abeygale] 17/12/2017 17:31

If we get to 8p then the bounce will be to 16p. Its quite simple really. Just keep in there and reep the rewards.

[mrx001] 17/12/2017 16:46

abeygale, as much as I would like ZIOC to be back at 15p by Friday, I think you are suffering from delutions, far more likely in my opinion to be at 8p. Still we will see in just under a weeks time.

[tidy 2] 17/12/2017 15:29

Gemstar yes but if you keep up you will see you have been tricked. Not hard tho is it.

[glenkaz] 17/12/2017 13:50

Hi mr md account un suspended I’m back sh/t or bust! Saw this at 10p crazy gonna load up! Who knows but this is now sooooo low I’m going to take as many as I can! Bring on special curry and fried rice! Barbecue spare ribs and f it! .... prawn crackers! 🤡👌

[gemstar2] 17/12/2017 13:48

So. Glencore not interested in developing mine

'when quizzed, Glasenberg was clear that the company, which favours mining and trading bulk commodities, had no interest in bringing undeveloped iron-ore assets into production

In fact, Glencore regarded its 50% plus one stake and management control of the Zanaga iron-ore project, with its 2.1-billion tonnes reserve with a 34% iron content, as an option on a high iron ore price and a saleable asset, said chief financial officer Steven Kalmin.

"For us, it’s largely option value," Kalmin said.

"At some point in a high iron-ore price, if someone offered us a nice price, for those we’re probably more of a seller than a developer," he said.

Glasenberg reiterated a comment he made two years ago when asked the same question, saying it was "unlikely" Glencore would develop the two iron ore prospects in which it holds stakes. "They’re greenfields and ... so no current interest from Glencore to move ahead with those," he says, referring to the Zanaga deposit in Republic of Congo and another held by Sphere Minerals in Mauritania.'

Just the Chinese left then

I think I'll give this one a pass

But GLAH

[investment dave] 17/12/2017 13:39

£3 short term target is a bit optimistic

[mister md] 17/12/2017 13:19

Years ago maybe

[tidy 2] 17/12/2017 13:15

ZIOC broker target is around £3 ps

[mister md] 17/12/2017 11:49

Off topic, but why is ALBA at 0.4p when broker says 6p... thats a huge gap ?

www.proactiveinvestors.co.uk/companies/amp/news/188819

[mister md] 17/12/2017 11:46

Glenkaz, thought youd stopped trading ?

[cloudy60] 17/12/2017 10:46

Thanks Tidy2.

[kirk 6] 17/12/2017 10:14

Looking like next wee is going to be a big week

[glenkaz] 17/12/2017 10:02

Emoji from I phone 🤡✌A039;

[tidy 2] 17/12/2017 09:39

Glen what are all these Symbols you post mate? They don't make sense and make your posts difficult to read. Maybe advfn don't print them properly

[glenkaz] 17/12/2017 08:33

Gonna load up tomorrow at this share price hold for 🤣 to buy at a huge premium! Gla! 🤡✌A039;

[tidy 2] 17/12/2017 07:25

Old news. If you research a bit deeper you will see it's old information patched together. Dissect it further and realise it's ZIOP and ZIOC that know what is going on.The Zanaga project team are working on advancing the mine with a third party. Now read all the new port information I've posted. ZIOP we're looking to spend a few $100m building a new port to support Zanaga production exports but the Chinese have stepped in and dealt to construct in its place a $2.2bn deep vessel port to the same Iron Ore spec zanaga requires. The extra investments will also allow other commodities. Investors are Exim Bank (Chinese) 70%Chinese insti's 15%ROC Government 15%Zanaga ore being the world No5 in size with only 53% explored so far and also the worlds purest grade ore is exactly what China needs to fall in line with their new environmental policies on steal manufacturing. Guesses on the third party to fund Zanaga point to China with a stake also going to ROC government (min 10%), hence granting ZIOP the Enviro Permit last month at which time ZIOC announced they already had an update ref funding this month; they actually announced "Updates". After speaking to Andrew T. There will be updates this month and also January. Following the article you posted there was some uncertainty but support has been found at the current share price with Friday closing with a bullish hammer reversal. Current cap £27m is such a steal. Nice pun :)

[cloudy60] 17/12/2017 06:24

I am not a Ramper/deramper of any sort....I have many shares in Zioc but confused by the article.

[cloudy60] 17/12/2017 06:23

according to this article released last Thursday they have no plans to develop the mine:

[glenkaz] 16/12/2017 23:02

How the f is this 10p!!! Multibagger from here has to be!! 🤡🚀

[tidy 2] 16/12/2017 20:42

Our new port complements of the Chinese. ZIOP was going to spend a few $100m building their own port but the Chinese stepped in with their $2.2m version to the same spec. 1 pier with 2 births for 30mt capacity per yr. http://www.crbc.com/site/crbcEN/companyNews/info/2016/3438.html

[glenkaz] 16/12/2017 18:47

Unless you’re short captain 🤡👍lol! 🚀🚀

[kirk 6] 16/12/2017 17:42

Chart looking extremely good for a recovery

[tidy 2] 16/12/2017 17:36

PR train started pre updates this month. Environmental permit bodes well for project financing 8th December 2017 Iron-ore explorer and developer Zanaga Iron Ore Company (ZIOC) expects the environmental permit for its iron-ore project from the Republic of Congo's Ministry of Environment to help attract finance to enable the valuable resource to be brought into production. A joint venture with natural resource commodities producer Glencore, the project, in south-west Congo, was awarded the permit for the first phase of development in November. http://m.miningweekly.com/article/environmental-permit-bodes-well-for-project-financing-2017-11-08

[glenkaz] 16/12/2017 14:22

🎄 is coming at zioc £££;&&&&;&££££