Zanaga Iron Ore Share Discussion Threads

[petebarnes1] 08/3/2018 16:06

I do hate that man Barnier, the eu are so uncompromising its untrue. Andrew and his team are world class, and they have shown with there un daunting professionally that they know how to make a company world class. I am presuming once the jam tomorrow brigade have left, the longs and investors will be filling there boots for sure. And we have press write ups and so on to follow. I can see the headlines Zioc fully backed in major high quality project by Glencore. FANTASTIC. And the news flow will continue on in q2, i am happy.

[topazfrenzy] 08/3/2018 16:01

I agree with your last post labrador, the Zioc team are as good as one can wish for, and it will get there for those who have patience, and reward those holding handsomely. I happen to think that there is a lot going on that they cannot say yet, in line with their professionalism, such as third party interest.

It's now a question of when here rather than if, the clock is ticking as Barnier likes to say lol

[petebarnes1] 08/3/2018 15:57

The rewards start in q2

[sooty snipes] 08/3/2018 15:54

Just bought my 30,000 shares back at a buying price of 13p. Fingers crossed. I can't see anything wrong with the update apart from there was no buy out. The company didn't ever say there would be. Only rampers said that. This looks a great long term hold to me. I'm looking at a three year project. Anyone out to make a quick buck must be disappointed and sold. Anyone looking for a great long term opportunity I can't see much better than this on the AIM market

[tidy 2] 08/3/2018 15:50

Apols I don't mean to pee anyone off. FWIW imo the RNS was very good. Obviously a blue day would be great but they will come. No negatives there at all.

[tidy 2] 08/3/2018 15:20

The usual suspects all at it again here. Enjoy

[the greedy labrador] 08/3/2018 15:17

Extrader..............Good post!

[the greedy labrador] 08/3/2018 15:14

I don't smoke dear chap but I do sometimes wonder if you do participate reading some of your more speculative posts. I mean you were the one touting £3 not too long ago. :o)

[extrader] 08/3/2018 15:11

Hi tidy2,

I don't think that ...initial studies both internally and with third parties to assess the potential capital and operating costs savings ...supports your interpretation that third parties are in talks for Zanaga...

Need to go to specsavers to remove those rose-tinted lenses , methinks.

There's a fair enough case to be made for ZIOC without taking liberties.

ATB

[tidy 2] 08/3/2018 15:08

What are you smoking. I'm a long term holder here and that write up has a link supplied showing who's it is.

[choomi] 08/3/2018 15:00

not even 3M traded, says it all

[tidy 2] 08/3/2018 14:54

Based on the RNS update today at #ZIOC I value their half of the mine at $1.9b. Driven by the rising price of Iron Ore. This is not taking into account their cost saving work as well from the update. Currenty MCap £35m. Crazy re-rate due here surely?''For those who haven't seen David Shaw about, he has a blog and wrote a good piece on Zanaga prior to the permit news: https://theaiminvestor.com/zanaga-iron-ore-company-zioc-research-noteI'm very surprised we've gone down after today's news, the project is moving forward. After the permit news and today's news we should have been in the 20p-50p region.

[topazfrenzy] 08/3/2018 14:14

This says it all, it is all happening behind the scenes, third parties etc etc

"The Project Team have also conducted initial studies both internally and with third parties to assess the potential capital and operating costs savings that could be achieved for the 12Mpta initial phase of the staged development project, as outlined in the Feasibility Study completed in 2014. The initial review of these figures has indicated potential for major capital and operating cost savings that encourages us to continue to pursue pathways available for development of this much larger development phase, simultaneously with the EPP option currently under review."

"It is important to highlight to our investors the extent to which dynamics in global iron ore markets have seen positive change over the past two years, and the last few months in particular."

Only nutters sell now, this RNS is going to wake people up, proper mining investors. share price is totally ridiculous, when you think IPO was at £1.56 and the amount of work since, and the massive price premium now paid for high grade iron ore.

[nash81] 08/3/2018 13:57

will be topping up some more later today/tomorrow.

like Tidy said, this has hallmark ala SXX

[tidy 2] 08/3/2018 13:49

You have to read between the line.... Prior to the delays on ore projects due to the ore crash AT had already informed the market that Japan and China were very interested in Zanaga. Well look how much high grade ore is in demand today compared to when they were very interested..! ;)

[tidy 2] 08/3/2018 13:34

"The Project Team have also conducted initial studies both internally and with third parties to assess the potential capital and operating costs savings that could be achieved for the 12Mpta initial phase of the staged development project"

[extrader] 08/3/2018 13:30

Hi tidy 2,

You state ...Today they confirm third parties are in talks for Zanaga

Pls advise where in the RNS, I must have missed this.

TIA and ATB

[petebarnes1] 08/3/2018 13:27

ZIOC has massive support by major GLEN and should rerate

[petebarnes1] 08/3/2018 13:21

Based on the RNS update today at ZIOC I value their half of the mine at $1.9bn?!?

Driven by the rising price of Iron Ore.

This is not taking into account their cost saving work as well from the update.

Current Mcap: £35m

Crazy rerate due here surely.

[tidy 2] 08/3/2018 13:20

The Project Team have also conducted initial studies both internally and with third parties to assess the potential capital and operating costs savings that could be achieved for the 12Mpta initial phase of the staged development project, as outlined in the Feasibility Study completed in 2014. The initial review of these figures has indicated potential for major capital and operating cost savings that encourages us to continue to pursue pathways available for development of this much larger development phase, simultaneously with the EPP option currently under review.It is important to highlight to our investors the extent to which dynamics in global iron ore markets have seen positive change over the past two years, and the last few months in particular. We continue to see better than expected iron ore demand fundamentals and have been particularly pleased to see pricing for higher quality products achieving record premiums. This is substantially driven by China's determination to reduce pollution levels, improve efficiency in transforming iron ore into steel, and supports the need for more iron ore production from assets like Zanaga with high iron content characteristics and particularly low impurity levels.

[tidy 2] 08/3/2018 13:13

Remember sxx in the early days. This is similar but pi's have not paid to prove it up and have not been diluted to death. $350m up on this factor alone and now all paperwork granted for the resource. Today they confirm third parties are in talks for Zanaga and very interested, Zanaga is back on track but more advanced than ever before.

[topazfrenzy] 08/3/2018 13:06

aussie, I doubt it will drift much down unless some want to crystallise losses, this can move very fast when serious appetite is there, people will sniff it out and I don't mean PIs, who just shuffle money around AIMlessly for the most part.

Some PIs will of course hold this until it gets to fair value, which is at least x10 now. They will also add knowing what is coming IMO.