Zanaga Iron Ore Share Discussion Threads

[davidlloyd] 12/1/2018 09:22

Cough, Splutter...

DL

[petebarnes1] 11/1/2018 19:33

sooner me thinks

SimpletonRemover
11 Jan '18 - 16:31 - 7250 of 7254
0 1 0
Interesting from LSE:

_____________________


Lets examine this a bit......
ROC government are simply NOT going to allow this valuable proven resource to sit untapped in the ground. Also, Glencore are not interested in mining this resource, certainly not small scale at any rate - Glencore are a BIG firm with BIG ambitions who do BIG things. Small scale of no interest to them. So something has to give.

What we will see is Zioc increasingly between a rock and a hard place with pressure being applied by ROC govt to begin mining operations but resisted by Glencore who only see option value. The only move they have is to trade their own holding in Ziop and they will know this. This is where the Chinese come into the equation and explains the current beneficiation work being done. A deal with the Chinese is the only play for zioc now other than selling out to Glencore and I cant see Glen wanting to get into this any deeper than they already are (after all its a Xstrata legacy).

When you weigh up all the other snippets of info the bigger picture points to either complete buyout of the whole project or just ziocs half. Glen will sell their controlling half if the Chinese offer them a nice price (but in doing so they have to offer zioc the same price). Chinese will want complete control over this huge, highest grade resource to secure their own supplies for years to come and not be beholden to the likes of Rio Tinto for their ore. China thinks BIG and doesn't do bit parts - a bit like Glen.

Some will see this as a ramp but none of it fails the logic test.

Al roads lead to Chinese buyout within 6-12 months possibly sooner. Load up!

[topazfrenzy] 11/1/2018 17:17

glad to hear tidy

[tidy 2] 11/1/2018 16:54

No I'm still in here also topaz

[1fox1] 11/1/2018 16:38

He's a stickler isn't he?

[topazfrenzy] 11/1/2018 16:36

fox, I'm sure Simon QC would be happy to show tidy round the blue cross aisles, pointing out all the bargains while doing his head in, each one doing the other's head in for that matter lol

[simpletonremover] 11/1/2018 16:31

Interesting from LSE:

_____________________


Lets examine this a bit......
ROC government are simply NOT going to allow this valuable proven resource to sit untapped in the ground. Also, Glencore are not interested in mining this resource, certainly not small scale at any rate - Glencore are a BIG firm with BIG ambitions who do BIG things. Small scale of no interest to them. So something has to give.

What we will see is Zioc increasingly between a rock and a hard place with pressure being applied by ROC govt to begin mining operations but resisted by Glencore who only see option value. The only move they have is to trade their own holding in Ziop and they will know this. This is where the Chinese come into the equation and explains the current beneficiation work being done. A deal with the Chinese is the only play for zioc now other than selling out to Glencore and I cant see Glen wanting to get into this any deeper than they already are (after all its a Xstrata legacy).

When you weigh up all the other snippets of info the bigger picture points to either complete buyout of the whole project or just ziocs half. Glen will sell their controlling half if the Chinese offer them a nice price (but in doing so they have to offer zioc the same price). Chinese will want complete control over this huge, highest grade resource to secure their own supplies for years to come and not be beholden to the likes of Rio Tinto for their ore. China thinks BIG and doesn't do bit parts - a bit like Glen.

Some will see this as a ramp but none of it fails the logic test.

Al roads lead to Chinese buyout within 6-12 months possibly sooner. Load up!

[1fox1] 11/1/2018 16:19

No he's gone to Debenhams searching for customers in all those empty shops. :o)

[topazfrenzy] 11/1/2018 16:09

what's happened to tidy? has he sold out?

[simpletonremover] 11/1/2018 16:00

Interesting from LSE:

_____________________


Lets examine this a bit......
ROC government are simply NOT going to allow this valuable proven resource to sit untapped in the ground. Also, Glencore are not interested in mining this resource, certainly not small scale at any rate - Glencore are a BIG firm with BIG ambitions who do BIG things. Small scale of no interest to them. So something has to give.

What we will see is Zioc increasingly between a rock and a hard place with pressure being applied by ROC govt to begin mining operations but resisted by Glencore who only see option value. The only move they have is to trade their own holding in Ziop and they will know this. This is where the Chinese come into the equation and explains the current beneficiation work being done. A deal with the Chinese is the only play for zioc now other than selling out to Glencore and I cant see Glen wanting to get into this any deeper than they already are (after all its a Xstrata legacy).

When you weigh up all the other snippets of info the bigger picture points to either complete buyout of the whole project or just ziocs half. Glen will sell their controlling half if the Chinese offer them a nice price (but in doing so they have to offer zioc the same price). Chinese will want complete control over this huge, highest grade resource to secure their own supplies for years to come and not be beholden to the likes of Rio Tinto for their ore. China thinks BIG and doesn't do bit parts - a bit like Glen.

Some will see this as a ramp but none of it fails the logic test.

Al roads lead to Chinese buyout within 6-12 months possibly sooner. Load up!

[topazfrenzy] 11/1/2018 15:38

Deb is outperforming ZIOC fox! Much further to go down here so take your money and run! Put it in GENL, it's blowing slowly, very undervalued and brings in $25 Million per month, debt will be paid off in a year at this rate, it's a cash cow.

[petebarnes1] 11/1/2018 10:05

indeed fox, we all have to be patient it will come to those that keep there hats on very soon.

[1fox1] 10/1/2018 18:35

Let's hope so.

[kirk 6] 10/1/2018 17:38

Strong finish yes you should have been watching the orderbook and rsp strengthen significantly last few minutes.Big up day tomorrow

[1fox1] 10/1/2018 17:14

Strong finish Pete? It's ended flat?

[petebarnes1] 10/1/2018 16:38

strong finish bodes well for tomorrow !

[petebarnes1] 10/1/2018 14:01

we are blue

[subiaco] 10/1/2018 13:48

on 36k available at 13.85.. this is going up!

[1fox1] 10/1/2018 12:57

Topaz you have enough to worry about with DEB :o)

[topazfrenzy] 10/1/2018 11:33

fox, you should have listened to Topaz lol

still a way down to go here, target of 6p max, maybe much less, by August

[sapper2476] 10/1/2018 10:43

Same here. Out at 16 and looking for under 10p to come back again and wait for next wave.

[mister md] 10/1/2018 10:33

funny little 624 AT trades to try and get the price down, followed by larger buys ?

[1fox1] 10/1/2018 10:04

Down 7% only a total volume 500,000 shares have been traded today? topazfrenzy will be returning at this rate.

[petebarnes1] 09/1/2018 21:46

yes it has been the last couple of days, but patience is needed