Zanaga Iron Ore Share Discussion Threads

[1fox1] 26/2/2018 11:46

OK If it carries on can someone start yet another thread? This is getting tiresome. Cheers

[1fox1] 26/2/2018 11:45

The thought just struck me. Is David Pines really Tidy 2. The way he copies and pastes all his stuff seems remarkably similar. Anyway dear chaps can you kiss and make up otherwise we will need yet another thread starting. It's only Monday

[davidpines] 26/2/2018 11:45

ReminderWorld class depositOne of the largest discovered iron ore resources in Africa with a 6.8Bt resource, including the largest known iron ore reserve on the continentAround 50% of the orebody’s magnetic footprint has been drilled to date, which implies there is further exploration potential along strike.Capable of supporting, a large long life production profile of 30Mtpa supplying premium product to the market over a mine life of 30 years and potential to further extend thisStaged development enhances deliverability of the ProjectSubstantially reduces initial capital requirementsIncreases financeability of the ProjectMaintains low forecast operating costsExpansion potential to 30Mtpa in the futureReduced technical risk and enhanced economics through staged development approach:Processing capability matched with sequential mining of the orebody layers provides technical efficiencies and reduced execution riskMining of higher grade ores in the initial years enables a higher production rate of 13.2Mtpa for first five years of operation while maintaining bottom quartile operating costsInitial power requirements supplied by existing grid generation capacity, with the Stage Two development implemented in parallel with the timing of potential power generation projectsCapital cost profile enables potential self-financing of Stage Two through existing project cash flows from Stage OneCompetitive material movementsThe project benefits from a very low waste to ore strip ratioIn the initial years of production, the strip ratio is well below industry average requiring minimal blastingBottom quartile operating costs and benchmark capital costsCompetitive FOB operating cost estimates over the two stage mine life of circa $24-31 per dry metric tonne excluding consideration of expected product premium receivedCapital costs in line with greenfield iron ore benchmarks.High grade pellet feed productThe Stage One pellet feed product will have an iron grade of 66%, similar to Brazilian supply.Impurities are expected to be low, including silica (3.0%), alumina (0.8%) and phosphorus (0.04%).Product expected to command a price premium relative to the 62% Fe IODEX, both as a function of Fe content and low impurities.Product expected to be attractive feed for pellet plants or as part of a sinter feed blend.Mine life/operating scale upside:Production is underpinned by 6.9Bt of Mineral Resource and 2.5Bt of Probable Ore ReservesMine life or operational scale is capable of extension beyond scheduled mine plansStage One will mine approximately 1Bt of ore, and the expansion to 30Mtpa will increase mined resource to 2Bt over the proposed 30 year mine life.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

[the greedy labrador] 26/2/2018 11:39

David Pines if I could ban you off this thread I would do. It was going fine till you came along. Clear off and do us all a favour. You called someone a liar when clearly you were wrong. Can you do me a favour please and post your rubbish over on the other thread. I didn't start this thread for people like you. Thanks

[the greedy labrador] 26/2/2018 11:35

Topaz I'm 500 worse off than I was on Friday :o(

[davidpines] 26/2/2018 11:33

ReminderWorld class depositOne of the largest discovered iron ore resources in Africa with a 6.8Bt resource, including the largest known iron ore reserve on the continentAround 50% of the orebody’s magnetic footprint has been drilled to date, which implies there is further exploration potential along strike.Capable of supporting, a large long life production profile of 30Mtpa supplying premium product to the market over a mine life of 30 years and potential to further extend thisStaged development enhances deliverability of the ProjectSubstantially reduces initial capital requirementsIncreases financeability of the ProjectMaintains low forecast operating costsExpansion potential to 30Mtpa in the futureReduced technical risk and enhanced economics through staged development approach:Processing capability matched with sequential mining of the orebody layers provides technical efficiencies and reduced execution riskMining of higher grade ores in the initial years enables a higher production rate of 13.2Mtpa for first five years of operation while maintaining bottom quartile operating costsInitial power requirements supplied by existing grid generation capacity, with the Stage Two development implemented in parallel with the timing of potential power generation projectsCapital cost profile enables potential self-financing of Stage Two through existing project cash flows from Stage OneCompetitive material movementsThe project benefits from a very low waste to ore strip ratioIn the initial years of production, the strip ratio is well below industry average requiring minimal blastingBottom quartile operating costs and benchmark capital costsCompetitive FOB operating cost estimates over the two stage mine life of circa $24-31 per dry metric tonne excluding consideration of expected product premium receivedCapital costs in line with greenfield iron ore benchmarks.High grade pellet feed productThe Stage One pellet feed product will have an iron grade of 66%, similar to Brazilian supply.Impurities are expected to be low, including silica (3.0%), alumina (0.8%) and phosphorus (0.04%).Product expected to command a price premium relative to the 62% Fe IODEX, both as a function of Fe content and low impurities.Product expected to be attractive feed for pellet plants or as part of a sinter feed blend.Mine life/operating scale upside:Production is underpinned by 6.9Bt of Mineral Resource and 2.5Bt of Probable Ore ReservesMine life or operational scale is capable of extension beyond scheduled mine plansStage One will mine approximately 1Bt of ore, and the expansion to 30Mtpa will increase mined resource to 2Bt over the proposed 30 year mine life.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

[sooty snipes] 26/2/2018 11:27

sooty snipes26 Feb '18 - 11:03 - 142 of 151 Edit
0 0 0
sooty snipes26 Feb '18 - 11:00 - 139 of 141 Edit
0 0 0
Davidpines - 23 Feb 2018 - 16:20:03 - 97 of 139 Zanaga Iron Ore. A big week ahead - ZIOC
I love it when a poster says

Im out for now

That usually means they were never in the share in the first place as they usually lie about speaking to "the main man" hmmm the usual bs yet harp on about what they sold
Its all in your small brain sooty you moron
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Davidpines - 23 Feb 2018 - 16:17:22 - 96 of 139 Zanaga Iron Ore. A big week ahead - ZIOC
Sooty stop lying fella
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sooty snipes - 23 Feb 2018 - 16:45:08 - 8354 of 8362 Zanaga Iron Ore Company - ZIOC

23 Feb 2018 SELL ZIOC LSE 50,000 15.72p £7,848.75 2127JHB
Trade
Research
23 Feb 2018 SELL ZIOC LSE 14,000 15.60p £2,171.50 2127JJ1
Trade
Research
23 Feb 2018 SELL ZIOC LSE 50,000 15.65p £7,812.50 2127JNB
Trade

DAVID PINES THIS IS JUST FOR YOU TAKEN FROM MY ACCOUNT. So come on Pines I don't believe you own any shares a all. Come on show me your proof. Otherwise say I'm sorry Sooty just because you sold your shares I called you a liar because I'm a moron.

[sooty snipes] 26/2/2018 11:23

Topaz. I'm sorry but just because I sold over 100,000 shares doesn't give the right for someone to call me a liar and make out I never owned them in the first place. I told you Friday there would be no announcement today. I take a gamble and sold. I can already buy back for less than my selling price. I proved by copy and pasting my sale on the thread. This Pines fella should apologise for making me out to be a liar. I apologise for the bad language. Good luck by the way

[davidpines] 26/2/2018 11:19

ReminderWorld class depositOne of the largest discovered iron ore resources in Africa with a 6.8Bt resource, including the largest known iron ore reserve on the continentAround 50% of the orebody’s magnetic footprint has been drilled to date, which implies there is further exploration potential along strike.Capable of supporting, a large long life production profile of 30Mtpa supplying premium product to the market over a mine life of 30 years and potential to further extend thisStaged development enhances deliverability of the ProjectSubstantially reduces initial capital requirementsIncreases financeability of the ProjectMaintains low forecast operating costsExpansion potential to 30Mtpa in the futureReduced technical risk and enhanced economics through staged development approach:Processing capability matched with sequential mining of the orebody layers provides technical efficiencies and reduced execution riskMining of higher grade ores in the initial years enables a higher production rate of 13.2Mtpa for first five years of operation while maintaining bottom quartile operating costsInitial power requirements supplied by existing grid generation capacity, with the Stage Two development implemented in parallel with the timing of potential power generation projectsCapital cost profile enables potential self-financing of Stage Two through existing project cash flows from Stage OneCompetitive material movementsThe project benefits from a very low waste to ore strip ratioIn the initial years of production, the strip ratio is well below industry average requiring minimal blastingBottom quartile operating costs and benchmark capital costsCompetitive FOB operating cost estimates over the two stage mine life of circa $24-31 per dry metric tonne excluding consideration of expected product premium receivedCapital costs in line with greenfield iron ore benchmarks.High grade pellet feed productThe Stage One pellet feed product will have an iron grade of 66%, similar to Brazilian supply.Impurities are expected to be low, including silica (3.0%), alumina (0.8%) and phosphorus (0.04%).Product expected to command a price premium relative to the 62% Fe IODEX, both as a function of Fe content and low impurities.Product expected to be attractive feed for pellet plants or as part of a sinter feed blend.Mine life/operating scale upside:Production is underpinned by 6.9Bt of Mineral Resource and 2.5Bt of Probable Ore ReservesMine life or operational scale is capable of extension beyond scheduled mine plansStage One will mine approximately 1Bt of ore, and the expansion to 30Mtpa will increase mined resource to 2Bt over the proposed 30 year mine life.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

[the greedy labrador] 26/2/2018 11:17

Sooty I knew you owned these shares. If the fella hasn't got the courtesy to apologise it just shows him for what he is. I notice they are down a penny today. Have you bought them back yet. By the way I owe you a pint. You won your bet. Grrrrrrh

[topazfrenzy] 26/2/2018 11:17

I thought this was the non-swearing thread.

[davidpines] 26/2/2018 11:10

ReminderWorld class depositOne of the largest discovered iron ore resources in Africa with a 6.8Bt resource, including the largest known iron ore reserve on the continentAround 50% of the orebody’s magnetic footprint has been drilled to date, which implies there is further exploration potential along strike.Capable of supporting, a large long life production profile of 30Mtpa supplying premium product to the market over a mine life of 30 years and potential to further extend thisStaged development enhances deliverability of the ProjectSubstantially reduces initial capital requirementsIncreases financeability of the ProjectMaintains low forecast operating costsExpansion potential to 30Mtpa in the futureReduced technical risk and enhanced economics through staged development approach:Processing capability matched with sequential mining of the orebody layers provides technical efficiencies and reduced execution riskMining of higher grade ores in the initial years enables a higher production rate of 13.2Mtpa for first five years of operation while maintaining bottom quartile operating costsInitial power requirements supplied by existing grid generation capacity, with the Stage Two development implemented in parallel with the timing of potential power generation projectsCapital cost profile enables potential self-financing of Stage Two through existing project cash flows from Stage OneCompetitive material movementsThe project benefits from a very low waste to ore strip ratioIn the initial years of production, the strip ratio is well below industry average requiring minimal blastingBottom quartile operating costs and benchmark capital costsCompetitive FOB operating cost estimates over the two stage mine life of circa $24-31 per dry metric tonne excluding consideration of expected product premium receivedCapital costs in line with greenfield iron ore benchmarks.High grade pellet feed productThe Stage One pellet feed product will have an iron grade of 66%, similar to Brazilian supply.Impurities are expected to be low, including silica (3.0%), alumina (0.8%) and phosphorus (0.04%).Product expected to command a price premium relative to the 62% Fe IODEX, both as a function of Fe content and low impurities.Product expected to be attractive feed for pellet plants or as part of a sinter feed blend.Mine life/operating scale upside:Production is underpinned by 6.9Bt of Mineral Resource and 2.5Bt of Probable Ore ReservesMine life or operational scale is capable of extension beyond scheduled mine plansStage One will mine approximately 1Bt of ore, and the expansion to 30Mtpa will increase mined resource to 2Bt over the proposed 30 year mine life.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

[sooty snipes] 26/2/2018 11:03

I'll keep this up till you apologise you little c*nt

[davidpines] 26/2/2018 11:00

ReminderWorld class depositOne of the largest discovered iron ore resources in Africa with a 6.8Bt resource, including the largest known iron ore reserve on the continentAround 50% of the orebody’s magnetic footprint has been drilled to date, which implies there is further exploration potential along strike.Capable of supporting, a large long life production profile of 30Mtpa supplying premium product to the market over a mine life of 30 years and potential to further extend thisStaged development enhances deliverability of the ProjectSubstantially reduces initial capital requirementsIncreases financeability of the ProjectMaintains low forecast operating costsExpansion potential to 30Mtpa in the futureReduced technical risk and enhanced economics through staged development approach:Processing capability matched with sequential mining of the orebody layers provides technical efficiencies and reduced execution riskMining of higher grade ores in the initial years enables a higher production rate of 13.2Mtpa for first five years of operation while maintaining bottom quartile operating costsInitial power requirements supplied by existing grid generation capacity, with the Stage Two development implemented in parallel with the timing of potential power generation projectsCapital cost profile enables potential self-financing of Stage Two through existing project cash flows from Stage OneCompetitive material movementsThe project benefits from a very low waste to ore strip ratioIn the initial years of production, the strip ratio is well below industry average requiring minimal blastingBottom quartile operating costs and benchmark capital costsCompetitive FOB operating cost estimates over the two stage mine life of circa $24-31 per dry metric tonne excluding consideration of expected product premium receivedCapital costs in line with greenfield iron ore benchmarks.High grade pellet feed productThe Stage One pellet feed product will have an iron grade of 66%, similar to Brazilian supply.Impurities are expected to be low, including silica (3.0%), alumina (0.8%) and phosphorus (0.04%).Product expected to command a price premium relative to the 62% Fe IODEX, both as a function of Fe content and low impurities.Product expected to be attractive feed for pellet plants or as part of a sinter feed blend.Mine life/operating scale upside:Production is underpinned by 6.9Bt of Mineral Resource and 2.5Bt of Probable Ore ReservesMine life or operational scale is capable of extension beyond scheduled mine plansStage One will mine approximately 1Bt of ore, and the expansion to 30Mtpa will increase mined resource to 2Bt over the proposed 30 year mine life.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

[sooty snipes] 26/2/2018 10:53

Hey Pines. I'm waiting for your apology. I provided proof I did indeed hold amd sell those shares. Where's your proof you even have any at all. Come on let's see your two bob's worth. Next time you open your mouth try engaging your brain first. Ars*hole

[davidpines] 26/2/2018 10:36

Reminder

World class deposit

One of the largest discovered iron ore resources in Africa with a 6.8Bt resource, including the largest known iron ore reserve on the continent
Around 50% of the orebody’s magnetic footprint has been drilled to date, which implies there is further exploration potential along strike.
Capable of supporting, a large long life production profile of 30Mtpa supplying premium product to the market over a mine life of 30 years and potential to further extend this
Staged development enhances deliverability of the Project

Substantially reduces initial capital requirements
Increases financeability of the Project
Maintains low forecast operating costs
Expansion potential to 30Mtpa in the future
Reduced technical risk and enhanced economics through staged development approach:

Processing capability matched with sequential mining of the orebody layers provides technical efficiencies and reduced execution risk
Mining of higher grade ores in the initial years enables a higher production rate of 13.2Mtpa for first five years of operation while maintaining bottom quartile operating costs
Initial power requirements supplied by existing grid generation capacity, with the Stage Two development implemented in parallel with the timing of potential power generation projects
Capital cost profile enables potential self-financing of Stage Two through existing project cash flows from Stage One
Competitive material movements

The project benefits from a very low waste to ore strip ratio
In the initial years of production, the strip ratio is well below industry average requiring minimal blasting
Bottom quartile operating costs and benchmark capital costs

Competitive FOB operating cost estimates over the two stage mine life of circa $24-31 per dry metric tonne excluding consideration of expected product premium received
Capital costs in line with greenfield iron ore benchmarks.
High grade pellet feed product

The Stage One pellet feed product will have an iron grade of 66%, similar to Brazilian supply.
Impurities are expected to be low, including silica (3.0%), alumina (0.8%) and phosphorus (0.04%).
Product expected to command a price premium relative to the 62% Fe IODEX, both as a function of Fe content and low impurities.
Product expected to be attractive feed for pellet plants or as part of a sinter feed blend.
Mine life/operating scale upside:

Production is underpinned by 6.9Bt of Mineral Resource and 2.5Bt of Probable Ore Reserves
Mine life or operational scale is capable of extension beyond scheduled mine plans
Stage One will mine approximately 1Bt of ore, and the expansion to 30Mtpa will increase mined resource to 2Bt over the proposed 30 year mine life.
Supportive Government

Stable operating jurisdiction with an established resources industry
The Republic of Congo Government is actively seeking to encourage mining-related investment
Mining Licence received
Mining Convention signed
Land 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

[saw89] 26/2/2018 10:36

think about it ! It makes complete sense that this benefaction test is for buyer (s) / offtake agreement(s). It is hard to think of a more purposeful reason.

The offtake agreement(s) would then form as pre-cursor for the financing package.

with the shift to this type of high grade due to global pollution this is right place right time for ZIOC

[extrader] 26/2/2018 10:28

Hi tidy2,

Maybe that's what the beneficiation test is intended to (re)confirm for the prospective buyer ?

ATB

[tidy 2] 26/2/2018 10:19

By UP TO $50 per tonne. The higher the grade the more the premium Zanaga is above 65

[extrader] 26/2/2018 10:17

Hi Degsy,

Not sure where your $50 premium comes from...

...."According to Metal Bulletin , the price for benchmark 62% fines rose by 0.8% to $78.82 a tonne, leaving it at the highest level since January 11.

Higher grades also pushed higher with the price of ore with 65% Fe content rising by a smaller 0.6% to $95.20 a tonne."..

A $17 premium isn't to be sniffed at, all the same.

ATB