Zanaga Iron Ore Share Discussion Threads

[topazfrenzy] 08/3/2018 10:33

This is being primed for it to be sold or developed big time, I'd forget the EPP, it's a smoke screen. The mention of Glencore several times is a huge boost, Glencore is fully committed and still on board and that means business!

Rio and Glencore will do it together, they will make a fortune off it. Zioc will get bought out for upwards of £2 per share IMO.

[spawny100] 08/3/2018 10:23

It is one of the most detailed rns' I have ever read, from any company. I'm still going through it. Expect far more knowledgeable minds than mine regarding this sector will be going through it with a fine toothed comb. A few panic sold this morning but I think with rising ore prices + demand for high quality this looks pretty compelling as a take out target.

[jimmyhoffa262] 08/3/2018 10:17

Pete how is it a nice find when it's the rns

[petebarnes1] 08/3/2018 10:09

nice find tidy and spot on

[tidy 2] 08/3/2018 09:52

Zanaga Iron Ore (ZIOC)As many of you will know I follow this share very closely as I can see the potential for a huge increase here over the coming year and today was the first step on that journey with the release of the project update from the company.After obtaining the environmental license at the end of last year the company are now in a place to start look at producing from their mine (5th largest iron ore in the world), starting with a small Capex project to test feasibility. The significance in today's RNS is the level of detail that outlines the cost savings that the company are able to achieve at the mine, along with the record high levels being paid for the grade of iron ore that the project holds.This means that profitability for the mine has shot up massively now.It is a long RNS but well worth reading all the way through. For me this is the signal to large and institutional investors to start taking their positions. Another highlight being how closely involved Glencore are in this project!Full RNS: https://www.investegate.co.uk/zanaga-iron-ore–zioc-/rns/project-update/201803080700030507H/https://theaiminvestor.com/rns-watch-08-03-2018-zioc-n4p/

[seagreen] 08/3/2018 09:44

Rather compelling jv partner Glencore look committed

Not surprised really.... the iron ore grades are exceptional and equate to DSO grades anything over 60% makes the grade for Direct Shipping Ore and excites the Chinese market ie you can just ship the pellets without further expensive treatment....

From RNS

Preliminary test work results indicate that a small scale project is capable of producing a premium product pellet feed concentrate with an iron ore grade of 66.6% with low impurities

Just a personal view if you ignore the rampers and derampers and wait for the analysts to crunch the numbers over time we have a very exciting project that appears very feasible to be brought into production and to deliver returns to shareholders.

Prefer Glencore to be my partner any day.

[tidy 2] 08/3/2018 09:29

Zanaga is alive and kicking. The original plan is well back on track and it is going to market. It's a nice little investment and it's nice Glencore are still fully committed as our 50/50 JV partner. Not many aim companies can claim this pedigree.

[tidy 2] 08/3/2018 09:18

Glencore fully committed. 50/50 JV. Lovely confirmation. Nothing to deramp here. The resource is the worlds 5th largest and all is back on track particularly so as high grade ore is growing in value and demand daily. Low grade ore is now worthless. Zanaga ore is 66.6%. Huge premiums attained for this.

[petebarnes1] 08/3/2018 09:13

A very full professional rns will take time to fuly appreciate, but we are for sale IMHO this am share price is a gift get it whist you can !!!

[petebarnes1] 08/3/2018 09:06

caps lock stuck mate lol, bargain grabbing time here

[tidy 2] 08/3/2018 08:54

Take advantage of the drop imo if you can. Today's RNS underlined progress and the fact things are moving at pace. Port info confirmed all our research was on point with the obvious target of Zanaga high grade ore. This is what investors wanted to see. Ecconomics of Zanaga have actually improved and it was already amongst the lowest quartile costs for production. This is massive, the resource is not dormant it is moving forward with a clear plan and Glencore are fully committed for success. Perfect.

[choomi] 08/3/2018 08:42

just look at the volume, no panic selling there

[mrx001] 08/3/2018 08:39

No need to shout Pete, it is an old message which I'm sure we have heard before.

[andrbea] 08/3/2018 08:37

What a load of waffle, it's like reading a year plan for about 2 years ago (working out costs, be serious.....).

Investors expected the Chinese to take a huge stake, and fast track it all. Bottom drawer time. Disappointed.

[petebarnes1] 08/3/2018 08:31

INDEED I THINK THEY JUST PUT FOR SALE UP TO THE HIGHEST BIDDER WATCH THIS SPACE LONGS

[fission453] 08/3/2018 08:26

Honestly I couldn't buy anything, damn!!!

[spawny100] 08/3/2018 08:25

Agree tidy - was offered 11.5p to sell this morning and now it's 13.1 already.

[alia] 08/3/2018 08:24

guys vast is the 1 to be in for tomorrows rns

[petebarnes1] 08/3/2018 08:23

Fully funded and moving at pace behind the scenes. China third party.

FOR SALE SIGN UP , NAME THE PRICE

[mrx001] 08/3/2018 08:22

Would be nice Pete but think we have another long wait for an update unless there is a surprise take out. Could happen but a buyer has had a long time to implement that so personally I would be surprised, however who can say with any certainty?

[petebarnes1] 08/3/2018 08:22

N HER WE GO UP 12 PERCENT FROM BEFORE

[petebarnes1] 08/3/2018 08:21

Fully funded and moving at pace behind the scenes. China third party.

[petebarnes1] 08/3/2018 08:19

multi bagger to come

[h2owater] 08/3/2018 08:17

Nothing new in the updates!No material changes!Selling these any getting more IMM, as ground breaking Lupus cure RNS this month. ie: material change!

[tidy 2] 08/3/2018 08:16

Can't buy a bean here false drop. Fully funded and moving at pace behind the scenes. China third party. Of you're researched here you will note what was needed as key indicators.