Zanaga Iron Ore Share Discussion Threads

[gemstar2] 22/12/2017 21:12

And is the port now shovel ready?

[luckyvince] 22/12/2017 20:57

I would like to know how long it will take to build the port. Anyone know the time frame.?

[1fox1] 22/12/2017 17:17

No news yet topaz but the share price hasn't collapsed like you said either. I think the news will come this side of the year though. If it does the share price will rocket on low volume in between Christmas dealing. 27th 28th or 29th?

[gemstar2] 22/12/2017 15:10

Where stand you today on the BNN turmoil Topaz?

[topazfrenzy] 22/12/2017 13:28

tidybot at it again, cut and paste, cut and paste, cut and paste lol

[topazfrenzy] 22/12/2017 13:26

NO news AS PREDICTED

Merry Christmas everyone

[tidy 2] 22/12/2017 11:07

Not repetitive mate. Info is here for anyone interested. You post nothing to help anyone so why you even read the board is beyond me.

[1fox1] 22/12/2017 10:26

Tidy if you persist in hogging the thread... ie seven posts together one after another please use the other thread that someone has created for you. You're a bit on the repetitive side sunshine. Do you really need to send all these posts one after another?

[tidy 2] 22/12/2017 10:26

Second link is 3 years others are 5 years soz. Nothing has changed from the original plan. Glen took on Zanaga from xstrata and China showed their interest. Now China are building the port rather than ZIOP. Andrew T during phone call said they were looking at spending a few 100m on the port but China are building in its place. 2+2=4 imo.

[extrader] 22/12/2017 10:19

Hi tidy2,

Interesting, albeit the comments were made 5 1/2 (not 3) years ago.....and an share price of 83p at the time.

A lot of water under the bridge, since then, of course, not least the change from Xstrata to GLEN (who may have different views on whether/how to progress).

In terms of local politics/political risk and connections, any idea who the original Congo entrepreneur is, who brought the prospect to Clifford Elphick's attention in the first place ?

TIA

[tidy 2] 22/12/2017 10:07

All info has are already been disclosed to the market and on track. The scale of this venture is naturally time consuming but we are now at the threshold of construction, a phase of this was ZIOP building a port but as we now know China are building this. The links already have Andrew Trahar pointing out China and Japan are very interested in Zanaga and it looks like China is changing the face of ROC in the process. Don't underestimate the king of construction. Zioc is a banker. Keep your foot in the door imo. And smile.

[tidy 2] 22/12/2017 09:39

With the new $2.2bn port the full capex package for Zanaga you could increase to $6.9bn. If you look at it this way then the Chinese have already donated $32% of the $6.9bn by funding the new port themselves. As the interview I posted last night states GLEN will maintain their 50% plus 1 share and the other 50% minus 1 share owned by ZIOC will be the negotiating tool to attract a third party investor. Looks like the Chinese are already in to me. What the video again Andrew Trahar basically spells it out to us. "China And Japan are very interested" "This will be one of the largest if not the largest mine in the world". Now compare the $20bn capex required for Samando and the fact 46% of that sold for $1.3bn which is a smaller resource with lower grade ore.

[tidy 2] 22/12/2017 00:43

China and Japan very interested. https://youtu.be/eeci_4kJFSwChina building new port ;)

[tidy 2] 22/12/2017 00:35

A real winning horseAndrew Trahar "Tier 1 lowest costs highest grade Ore producer in the world. This will be one of the largest mines in the world". In talks with Asia back then (3 years ago) Listen to him, the new $2.2bn port has Zanaga stamped all over it https://youtu.be/1aj3SLwnIF0

[tidy 2] 21/12/2017 19:15

https://www.google.co.uk/amp/s/amp.ft.com/content/b2f1467e-e59f-11e7-97e2-916d4fbac0da

[tidy 2] 21/12/2017 17:40

https://www.google.co.uk/amp/s/amp.ft.com/content/b2f1467e-e59f-11e7-97e2-916d4fbac0da

[tidy 2] 21/12/2017 17:21

MinorMiner 4,011 postsFT pinpoints Chinese demandChinese demand for high grade iron ore has been specifically detailed by the FT as the major demand driver into 2018. Of course this 66%+ grade is precisely what the huge Zanaga resource can supply for 30 years and more. The FT is majoring on the profits of the Big 3 iron ore producers. Glencore are going to want a slice of this - one way or another. FT, from this afternoon: WHAT TO WATCH IN METALS MARKET IN 2018 China vs the rest of the world As the consumer of about half of the world's raw materials, China will remain the big influence on commodity markets in 2018. BEIJING'S POLLUTION CRACKDOWN and its clampdown on excess capacity should provide a POWERFUL PROP FOR aluminium, steel and IRON ORE. It will also help offset the effect of tighter monetary policy and slowdown in the residential property market... In steel, a shift away from environmentally polluting mills to ones that are more efficient will fuel a need for high-grade iron ore, boosting the profitability of the big suppliers such as BHP Billiton, Vale and Rio Tinto.

[topazfrenzy] 21/12/2017 17:04

Except that Topaz has been proven right and you tidy WRONG

[tidy 2] 21/12/2017 17:00

Leave this tread to Topaz who provides no research whatsoever. Enjoy.

[topazfrenzy] 21/12/2017 16:56

Not a great day but to be expected as so much has been promised here, and all before year end, so no news and 8p even before the New Year.

[1fox1] 21/12/2017 16:27

Very disappointing. Now given back all of the last two days gains. :o(

[sooty snipes] 21/12/2017 16:02

But amitburnshort you said 18p today ha ha ha. Why not just keep your trap shut then you don't look so silly