Zanaga Iron Ore Share Discussion Threads

[xcap1] 27/6/2023 09:41

Yes ofc and thanks for the official answer

[extrader] 27/6/2023 09:31

Full details are set out under - lengthy ! - 'Marketing Agreement' in the 23 Nov 2022 RNS, including marketing arrangements if GLEN is involved and royalty agreement if it isn't.

[xcap1] 27/6/2023 08:48

From what I can gather from the official releases Glen have the rights to buy ALL future production , that's like decades of this mine life

[xcap1] 27/6/2023 08:46

The guys on LSE have been completely vindicated in the research and doting the lines from months ago and it looks like a big sovereign institution may well be looking to buy in/out, Saudi fund/Vale and Glen , what a combination

[catchingmice] 27/6/2023 08:39

Keep it going all the way to 20p 30p 40p that will do nicely

[xcap1] 27/6/2023 07:11

Radio silence, but probably for good reason

[mertymcs] 27/6/2023 07:07

Has anyone heard anything from the investor relations guy lately?

[xcap1] 27/6/2023 06:57

Let's see what happens today , a real possibility we'll break thru 20p

[thesloth2] 26/6/2023 18:15

One of the shares of the year. Still Holding plenty
Some from 2p but also from 16/19p in the past

[xcap1] 26/6/2023 16:27

Well done catch

[catchingmice] 26/6/2023 15:32

Great finish and now finally in profitJust wish i had loaded up big time with these at 2p 3p 4p 5p but i didn't have any confidence if I'm being honest

[xcap1] 26/6/2023 11:57

Chaps I am starting to believe we will see a run to 25p , who knows after that

[xcap1] 26/6/2023 11:56

WowThanks for posting Runner

[runnerpete22] 26/6/2023 11:41

Courtesy of Veteran10 on LSE.

hxxps://www.thearmchairtrader.com/zanaga-iron-ore-shares-investors-strap-themselves-in/

[extrader] 26/6/2023 10:33

.."That suggests to me that VALE has a 'harvest' policy for iron ore and won't necessarily put much cash into the sector itself, but rather leverage its experience and skillsets and connections..."

If THAT thesis is correct, it suggests that VALE would also be happy to 'project manage' the mooted rail link to 'superPN', providing someone else is footing the bill....

It seems likely that AD Ports could well subcontract to these people...

hxxps://www.gulftoday.ae/business/2022/11/25/ad-ports-inks-deal-with-chinese-firm-for-infrastructure-project

.."AD Ports Group has signed a contract with China Harbour Engineering Company (CHEC) for the development of buildings and topside infrastructure for the cutting-edge CMA Terminals Khalifa Port, a joint venture owned by CMA CGM’s subsidiary CMA Terminals (with a 70 per cent stake) and AD Ports Group (30 per cent stake)...."

Note too the J/V structure : 70/30 split between 'the knowledge/connections' and 'the money'.....

NAI, DYOR etc etc
GLA

[xcap1] 26/6/2023 10:12

The ?? We're meant to be a thumbs up

[extrader] 26/6/2023 10:11

VALE/PIF...moving closer




A good description of the 'due diligence' dance, but with this little snippet (which is so specific as to suggest that it is 'informed' comment):

.."One executive said that there are cases when the potential partner may demand a more restrictive agreement, which would tend to make it more difficult for other partners to enter the business in the future. This does not appear to be the case with PIF. The deal has already received the green light from the mining company’s board, and THERE IS A POSSIBILITY ALBEIT REMOTE THAT THE SAUDIS WILL BRING IN ANOTHER INVESTOR if they wish, to whom they could cede part of the 10% stake in the company..."

and also worth noting, VALE is doing with iron ore exactly what GLEN is doing with its coal assets :

.."As Vale indicated in a statement on Tuesday, the company has been working for a year and a half to separate the metals business from the rest of the company, whose flagship is iron ore, an input for the steel industry to produce steel. With the separation of metals, Vale should have two independent businesses: iron ore and base metals.

In a report on metals this year, BTG Pactual estimated that the transaction will allow Vale to have two different stories. One is iron ore, an activity that will continue to be a strong cash cow. In this segment, the bank said, growth opportunities are limited and there is the prospect that free cash flow will continue to be distributed to shareholders in the form of dividends and share buybacks.

The metals business is seen as a platform for the energy transition, which will require strong investment to meet market demand"

That suggests to me that VALE has a 'harvest' policy for iron ore and won't necessarily put much cash into the sector itself, but rather leverage its experience and skillsets and connections, as it is doing with the 3 x Gulf 'green iron' projects.

ZIOC would appear to be a good test case for this evolving business strategy.

AFAICS

GLA

[xcap1] 26/6/2023 10:08

Interesting... price actionVolumes picking up ??

[xcap1] 23/6/2023 21:37

Ivanhoe's Friedland: Copper Market Weakness Temporaryhttps://www.bloomberg.com/news/videos/2023-06-23/ivanhoe-s-friedland-copper-market-weakness-temporary-videoIt's the Africa bit that's noteworthy Yep it's looks like Minor Miner and crew on LSE are on point

[xcap1] 23/6/2023 14:25

We must all keep reminding ourselves that Xstrata spent $350m on a DFS and Zioc have spent money updating the DFS on a continuous basis refining the cost model This is a major piece of work which today might cost well in excess of $500m imo

[xcap1] 23/6/2023 14:20

Hope he didn't mind me posting here

[xcap1] 23/6/2023 14:12

From Vetran on the LSE board poor chap as the name suggests probably been in Zioc from 2010 lol but I like the logic applied based on Minors and others posts and research Minorminer was right when he said join the dots in my view. 1. UAE embassy opening in ROC 2. Vale SA building steel hub in UAE 3. BRICS countries working together to create a new world order. 4. Saudis leading the bidding for 2.5 billion stake in Vale's copper and nickel operations. 5. AD Ports to build the port in ROC 6. Vale SA did have Simandou at one point and have been open about wanting to invest in Africa. 7. Nguesso private jet visits to UAE instead of Russia/Ukraine peace mission. So my dots say, Vale to invest the 2.5 billion in Zanaga in partnership with a middle east consortium. Note I could be wrong but I def would not be trading this. If I am right, it will be the biggest multibagger on AIM this year easily

[runnerpete22] 22/6/2023 17:15

Another excellent and informative post from minorminer back in April..

"ZIOC have been predicting the demand for high grade for some time, and it's becoming a head-long rush. The risk for the BHPs of this world is that their giant Pilbara deposits (60-62% Fe) find themselves stranded. They are looking at all types of methods to stay in the game from beneficiating their ore to new oxidising agents to replace coking coal (biomass, hydrogen etc). All to satisfy the Net Zero craze.
Most steel makers risk equally stranded assets in their blast furnaces. These have massive sunk capital and cannot produce green steel.
IMO the Gulf States have it spot on, and are my firm favourites to snaffle Zanaga. There are building vertically integrated steel industries from scratch in 3 Mega Hubs. They are designed specifically for green steel production using high grade iron ore (65%+). These hubs *WILL* be needing 100ms of tonnes of Zanaga-grade ore from 2025 onwards, which makes the purchase of Zanaga a racing cert for me.
Worth mentioning that last month Brazzaville signed those 3 agreements with the UAE (trade, tax and ownership, tourism and travel) each of which facilitate inward investment for the likes of Zanaga. Plus AD Ports signed to build a new port at Pointe Noire. For me this is gearing up to secure that ore for those steel Mega Hubs (SA, UAE and Oman).
It was President Nguesso's son Christel who was in the UAE on behalf of Brazzaville. For me this also helps explain the dearth of news from ZIOC despite all the infrastructure progress. The infrastructure deals and arrangements are being done at a national level - until all is done ZIOC have to keep quiet and their heads down.
FWIW I think all this makes a suspension on news of a buy out offer all the more likely. Which would mean no chance to buy on news...."

[xcap1] 21/6/2023 09:22

https://www.youtube.com/watch?v=UPw8EVIY5C0&t=204s&pp=2AHMAZACAQ%3D%3DJust watch this Rick rule interview and you'll get the point