Zanaga Iron Ore Share Discussion Threads

[catchingmice] 11/12/2019 12:35

Not a chance GismoHeard all this talk before on other forums and it never happens that way unfortunatelyPi's get greedy hoping for fortunes but believe me it comes back and haunts you for not taking profits.I've done it myself lost all profit + Capital by hanging on.It don't work like that so take what you can i will be doing and anything around 25p will do

[gismo] 11/12/2019 12:14

Welcome aboard Dave

[davethechef] 11/12/2019 11:45

Bought this morning, gone a little stagnant the buying now, but impressed with the proactive interview & having read the agreement Rns.
Hopefully, should attract some press & greater buying interest soon.
Looking forward to further updates from Zanaga early next year.

[extrader] 11/12/2019 11:15

Hi all,

This is a barebones Framework Agreement, we might/should get more substance in Q1 2020.

A Joint Develop Agreement would be the next positive step, but see NCCL ('shareholder overlap' company)for potential read-across re timelines....

As Winston might - did in fact - say : " This is not the end. This isn't even the beginning of the end. But it is, perhaps, the end of the beginning..."

Patience, grasshoppers !

ATB
PS Always happy to be surprised (positively) on a timeline !

[gismo] 11/12/2019 11:14

Give me £5 on a buyout or jv and I'll be happy. This is enormous

[catchingmice] 11/12/2019 11:12

No extra christmas bonus then with a soaring share price ?I'll wait until spring time and that's it for me as I've shown plenty of patience already holding these for well over 2yrsGive me 20p - 25p and I'll be happyLOL

[gismo] 11/12/2019 11:08

https://www.proactiveinvestors.co.uk/companies/news/908966/zanaga-iron-ore-signs--milestone-framework-agreement--to-advance-flagship-project-908966.html

[gismo] 11/12/2019 10:42

Very much doubt that

[greenelf] 11/12/2019 10:31

We shall see, could also be radio silence for the next 12 months. Could all be hush hush until bthe final reveal. Who knows?

[gismo] 11/12/2019 10:21

Stream of news to come...

[greenelf] 11/12/2019 09:41

Let's just hope this will finish the day in the blue lol. Gotta love AIM.

[catchingmice] 11/12/2019 08:47

Well that didn't last long

[gismo] 11/12/2019 08:24

Morning folks, looking very good, Chinese on board, the next RNS could be the big one. gla

[catchingmice] 11/12/2019 07:53

Stop being negative and have a little faith geezerLOL

[greenelf] 11/12/2019 07:29

Not sure what you read. Looks very positive!

[pugugly] 11/12/2019 07:16

Chinese takeaway ?? However very restricted framework - only discuss -


Should see a pop this morning but long term still in doubt (imo)

[greenelf] 09/12/2019 16:14

Hopefully the big seller has now done...

[greenelf] 08/12/2019 11:42

Fairly relaxed? Euphemism for mild concern?

[extrader] 07/12/2019 14:10

Hi all,

Still holding...and fairly relaxed : since last year, as others have said, we've seen the IMF issue resolved, the Vale tailings problem, China's emphasis on 'clean' steel, Simandou 'resolved', Peter Freyberg (ex Xstrata, original buyer-in to Zanaga) appointed GLEN head of mining …...and just recently, Ivan Glasenberg coming under pressure ...and maybe looking for a rabbit to pull out of the hat..
Plus ZIOC management seemingly preparing themselves for a payday.

The only negative I can see (I invite others) is that the cash balances are running down, but , as I've commented previously, there are a number of ways of dealing with this that wouldn't be dilutive.

The big unknown limiting factor I now see as any issues there may be between Nguesso and the Chinese (who of course have plenty of other issues to deal with : trade, Hong Kong etc.)

ATB

PS Fun fact (from The Economist): there are more foreign-born residents in Los Angeles or Melbourne than there are foreign residents in the WHOLE of China... with so little interaction you can see why the West sees the Chinese as 'inscrutable' or an enigma...

[gismo] 07/12/2019 13:21

Gerry, the whole structure has changed somewhat with the IMF being involved. The Chinese Infrastructure and the bids for Simandou, it has changed drastically since last year. EPP should have started by now but nothing, why the delay and silence, we shall see... gl

[gerry pacemaker] 07/12/2019 10:29

Gismo we could have been having this conversation this time last year and the year before that. There's always a carrot dangling with this lot.

[gismo] 06/12/2019 18:52

The problem with this scenario Gerry is IF at year end or beginning of the New Year we get a JV/buyout. Can't be far away now with the Chinese infrastructure and the Simandou deal

[gerry pacemaker] 06/12/2019 16:55

Extrader are you still holding here or have you got cheesed off and gone elsewhere? This lot must be getting short of cash by now. They have promised so much and delivered so little. "Just a pocket full of mumbles such are promises" First quarter, second quarter, then third quarter...........Now here we are in the final quarter and nothing. This has got the look of another end of year let down. I've held these a lot longer than I normally would. Bought in at 10p over three years ago. I'm now seriously considering throwing my hand in. The reason being I believe if they had anything to say they wouldn't wait till the year end to say it. Gerry

[newkotb1] 05/12/2019 18:59

Poor day today and just the result of GLEN's media attention imo . would hope for a recovery tomorrow. Just a waiting game, so long as it doesn't turn into the Hunger Games ..... atb