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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Zanaga Iron Ore Company Limited | LSE:ZIOC | London | Ordinary Share | VGG9888M1023 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.13 | -1.73% | 7.38 | 7.26 | 7.74 | - | 97,640 | 16:35:03 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Offices-holdng Companies,nec | 0 | 8.1M | 0.0128 | 5.87 | 47.54M |
Date | Subject | Author | Discuss |
---|---|---|---|
26/2/2018 19:57 | That ft article wasn't sniffed out by the doggy posted on twitter since early morning and by tidy 2So no congrats doggy | davidpines | |
26/2/2018 19:56 | 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 orebodyâs 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 requirementsIncrease | davidpines | |
26/2/2018 19:56 | 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 orebodyâs 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 requirementsIncrease | davidpines | |
26/2/2018 19:56 | 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 orebodyâs 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 requirementsIncrease | davidpines | |
26/2/2018 19:49 | Nice article you sniffed out there Labrador. Let's hope you're right. Good luck | 1fox1 | |
26/2/2018 19:25 | Steel production curbs would normally cause iron ore prices to fall, but analysts said steel mills would concentrate production on higher value-added steel products that carry higher profit margins. That boosted demand for higher quality ores used as inputs. Zanaga Iron Ore is reputed to be of very high quality. | the greedy labrador | |
26/2/2018 19:19 | From the FT today. Steel and iron ore prices rose to year-to-date highs on Monday after China’s top steel-producing region announced it would extend winter production curbs intended to cut air pollution. Tangshan steel mills were forced to cut production by up to 50 per cent beginning late last year as part of a campaign against air pollution. Production limits are also aimed at squeezing out excess capacity in China’s steel and coal sectors, which has led to poor profitability and rising debt at so-called ̶ The local government in Tangshan, China’s biggest steelmaking city, said on Friday that it would maintain production limits scheduled to expire when the winter heating season ends in March. An extension of the cuts would reduce steel supplies just as construction demand picks up amid warmer weather. Singapore-traded futures for March delivery of 62 per cent iron-ore hit its highest level since April on Monday, rising by as much as 1.5 per cent to $79.15 per tonne. Shanghai-traded steel reinforcement bar for May delivery was up by as much as 3.8 per cent to Rmb4,047 ($641) per tonne, the highest since early December. Steel production curbs would normally cause iron ore prices to fall, but analysts said steel mills would concentrate production on higher value-added steel products that carry higher profit margins. That boosted demand for higher quality ores used as inputs. “The profitability situation for steel mills is pretty good. Most of them have strong demand for high-quality ores,” said Liu Jie, coal and steel analyst at Citic Futures in Beijing. Analysts said that restocking by steel mills following the recent lunar new year holiday also contributed to Monday’s rally. Chinese state planners moved forcefully last year to shutter inefficient mines and mills, spurring a rally in commodity prices following years of deflation. The forcefulness of the campaign against pollution and overcapacity surprised markets following years in which policy rhetoric was not matched by action. The Communist party’s fearsome anti-graft agency has thrown its weight behind the effort, including punishing non-compliant local officials. A&nb | the greedy labrador | |
26/2/2018 19:13 | My guess is this. Read the RNS and spot the clue -------------------- -------------------- The Project Update announcement depends on the completion by independent experts of a product test work programme, currently underway, on the beneficiation of the Zanaga Project's upper iron ore layers. Due to an extension of time needed for the completion of these product test results, ZIOC understands that it will be in a position to announce the Project Update by the middle of February 2018. -------------------- -------------------- Now why should Zanaga having been involved in this project since 2010 need independent experts to do a product work test? They already know what they have. My guess and it's only a guess is it is for funding of a third party who want to carry out tests of their own before parting with their money. Whoever it is could even be buying it lock stock and barrel. China is cleaning it's pollution act up. High grade iron ore is at a premium hence the upturn in the price. Hello Ant. Hope you are keeping well. You may be right waiting but on this occasion no offence but I hope you aren't :o) | the greedy labrador | |
26/2/2018 18:57 | Ant if you read my previous post I said I called him (Andrew Trahar) the week before. He said the middle or latter end of the following week (last week). Come Friday and no news I called him back. I said "Hey Andrew where is this news you said was coming) He told me that he only expected it. Anyway he did say It will be Tuesday or Wednesday at the latest this week. I went back and sold a large portion of my shares after speaking to him. I expected a pull back today because I knew there was no news till tomorrow at the earliest. Anyway my position is I now have almost my original total back but I've got £1,200 change. Wanted a bigger pullback but never mind. I dare not risk being out tomorrow or Wednesday. He also said to call him after the update. You could be doing the right thing sitting on the sidelines. Let's face it you've not done bad out of it have you. Iron ore prices are well up. Take a look at Ferrexpo iron ore ticker FXPO. They fell as low as 10p a couple of years ago now at 311p. | sooty snipes | |
26/2/2018 18:49 | Sooty i to was feeling tomorrow - Wednesday for rns gla | petebarnes1 | |
26/2/2018 18:43 | Sooty snipes If I am not mistaken, you heard the same thing 2 Wednesday ago, then last friday. Let's hope it's tomorrow for your sake. U is a Big Shark. I have heard nothing :(, so I am just watching, who knows I could get back in at 11p or sub 10p. It's too risky for ANT at 15.50p Good luck all genuine investors. BA Sealing is good | bullet ant | |
26/2/2018 17:40 | He's a pine(thorn in the side isn't he) Hopefully he can stay on the other thread. Can't help thinking he and tidy 2 may be one and the same person. Tidy 2 likes all this copy and pasting too. From what I was told last week (Friday) I'm expecting an announcement tomorrow. Wednesday at the latest. Good luck to all. | sooty snipes | |
26/2/2018 17:09 | David Pines, you are acting like a bit of a prat with all this pasting the same information aside from clogging up the board it is annoying for other members of the board. Anyway assuming you know this and will carry on anyway - You are Filtered! | mrx001 | |
26/2/2018 14:24 | The spread is narrowing quite nicely for this share. It's normally horrendous. 15.4227p to sell 15.725p to buy. Bought a few back earlier average price at 15.1p. | sooty snipes | |
26/2/2018 14:05 | looks like blue finish on the cards | saw89 | |
26/2/2018 14:00 | Because it's a free world and I can n | davidpines | |
26/2/2018 13:56 | Just use the filter guys - not worth engaging them imo | spawny100 | |
26/2/2018 13:52 | Same to you fox | davidpines | |
26/2/2018 13:47 | From the Environmental Permit RNS Nov 8th news of the next stage was expected towards the end of the year which as we know was delayed until this month. Here's what the ceo had to say:Clifford Elphick, Non-Executive Chairman of ZIOC, commented: "I am pleased that the Zanaga Project has been awarded its Environmental Permit and would like to thank the Ministry of Environment of the Republic of Congo for its diligence in reviewing the extensive work completed by the Project team. Obtaining the Environmental Permit will assist us in our efforts to advance the Zanaga Project and attract finance to enable this valuable resource to be brought into production. We look forward to providing further updates to shareholders towards the end of the year" | tidy 2 |
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