Zanaga Iron Ore Share Discussion Threads

[the count of monte_cristo] 16/2/2024 15:57

China trying to break the IO stranglehold of Auatralia, they will do it.

[runnerpete22] 16/2/2024 15:34

Interesting and factual post, courtesy of Shaun86 today. on LSE

""Six weeks until we find out who our strategic partner/s is/are..

One thing I found interesting is when ZIOC talked about Phase 2 back in September:

Phase 2 - Processing technology application study

Chinese EPC Partner possesses a proprietary new processing technology for iron ore processing, with the potential to provide further capital and operating cost savings beyond the results of the FS Update.

The application of this processing technology to the iron ore from the Zanaga Project is planned to undergo technical assessment as initial results from the FS Update are received in the coming months.

Then in December, Phase 2 turned into this:

The market enquiry and financial modelling phase 2 is underway and will now be extended into Q1 2024 given the comprehensive nature of the update.

Seems to me the re-costing, and processing technology is complete.. straight onto a new phase 2 which included 'market enquiry' and 'financial modelling'.. coupled with bringing in a strategic partner.

Given the current climate and push for green steel the entire market is asleep here.."

And the clock is ticking; the big news could drop any time now between today and the end of Q4.

nai dyor etc etc

[thesloth2] 15/2/2024 13:45

Larger sized Buys going through today, so maybe maybe...

[greenelf] 15/2/2024 13:45

Let's hope so.. ?

[davidlloyd] 15/2/2024 13:38

Next leg up starting perhaps?? Fingers crossed..
DL

[greenelf] 15/2/2024 13:32

What is the current value of the strictly defined reserve of 1.9 billion tonnes of iron ore, I make it around 2.5 pence per tonne. And we expect a strategic investor to come on board by end March..I suspect they will value it more lol

[runnerpete22] 29/1/2024 11:58

Just one week away now.

Will this be what we have all been waiting for.

NAI DYOR GLAH etc etc

""Several partnerships between the private sector and PIF and its portfolio companies are expected to be concluded and announced during the forum.

hxxps://www.decypha.com/en/news/details/PIF-s-Private-Sector-Forum-takes-place-next-February/21395361?TSID=&EDT=&;L=EN

[runnerpete22] 16/1/2024 16:28

Again, courtesy of alwayshoping over on LSE.

Much the same as above BUT........

NAI, DYOR etc etc.

A little more meat on the bones re next months meeting. I must admit the final sentence sounds really interesting/teasing....."CONCLUDED AND ANNOUNCED" !!!!!!!!!!!!!!!

as usual...alwayshoping.

PIF’s Private Sector Forum takes place next February

Riyadh - Sharikat Mubasher: Saudi Arabia’s Public Investment Fund (PIF) is set to host the second edition of the Private Sector Forum on 6 February in Riyadh, with the participation of 50 PIF portfolio companies.

The two-day forum aims to support the fund’s Private Sector Engagement Strategic Initiative.

It will showcase the business opportunities of the PIF and its portfolio companies, highlight potential opportunities for investors and suppliers, and broaden the means of cooperation.

The forum aims to promote and strengthen localization and support the development of stable supply chains in major sectors.

The PIF Private Sector Forum will feature panel discussions by leaders across key government entities, PIF, and its portfolio companies, highlighting the importance of the private sector for the Kingdom’s development.

Furthermore, it will include workshops on specific localization investments and supply chain opportunities, providing visibility on the expected demand for key products and services.

Several partnerships between the private sector and PIF and its portfolio companies are expected to be concluded and announced during the forum.

hxxps://www.decypha.com/en/news/details/PIF-s-Private-Sector-Forum-takes-place-next-February/21395361?TSID=&EDT=&;L=EN

[runnerpete22] 15/1/2024 09:55

Courtesy of alwayshoping over on LSE...............

I wonder, will this be when the long awaited news will be released ? AT did say he would be back in Saudi next month.

"Major partnerships between the private sector and PIF, along with its portfolio companies, will be announced, showcasing tangible progress in collaborative efforts for the Kingdom’s economic development."

PIF to host Private Sector Forum in February

The forum will feature discussions with leaders on the private sector’s importance in Saudi Arabia’s development, collaboration success stories, and opportunities in emerging regions.

ARAB NEWS

January 14, 2024

17:30

RIYADH: Saudi Arabia’s sovereign wealth fund is gearing up to host the second Private Sector Forum in February to strengthen the Kingdom’s local economy.

In an announcement on its website, the Public Investment Fund said the event, to be held on Feb. 6 and 7 at King Abdul Aziz International Conference Center, aims to support the fund’s private sector engagement.

The forum seeks to bolster business localization and promote stable supply chains within key sectors of the Saudi economy.

Key objectives include showcasing partnership opportunities, facilitating networking, enabling supplier registration, and providing information access about PIF programs.

The forum will feature discussions with leaders on the private sector’s importance in Saudi Arabia’s development, collaboration success stories, and opportunities in emerging regions.

Additionally, business opportunity workshops conducted by experts will provide information on specific localization investments and supply chain opportunities.

Representatives from over 50 PIF portfolio companies will participate in an exhibition to showcase opportunities and new projects, fostering networking and direct engagement.

The forum will also unveil key PIF programs, reinforcing the wealth fund’s commitment to growing collaboration.

Major partnerships between the private sector and PIF, along with its portfolio companies, will be announced, showcasing tangible progress in collaborative efforts for the Kingdom’s economic development.

In October 2022, the PIF launched a Local Content Growth Program to promote competition and innovation in the private sector.

PIF said that this program is in line with the fund’s strategic objective of building partnerships with the private sector to boost Saudi Arabia’s gross domestic product and to create 1.8 million jobs by 2025.

hxxps://www.arabnews.com/node/2441461/business-economy

As usual...always hoping.

[extrader] 11/1/2024 22:43

Not laughing at all
I follow a guy called Jared Dillian, who's calling a top and is publicly short hedgefund BlackRock...

[gismo] 11/1/2024 20:09

Laugh all you want, US 3 trillion in debt, the biggest derivative market about to burst. Just making you aware, you're obviously not.

[extrader] 11/1/2024 19:43

The wall is where the cash dispenser is usually located.

ATB

[gismo] 11/1/2024 18:20

It's all going to the wall. Get out while you can

[greenelf] 11/1/2024 10:12

Still some very brave sellers, I would not have the guts at this stage..

[xcap1] 09/1/2024 11:20

Noted Arab lol

[arab3] 09/1/2024 09:11

Steady xcap lol l

[xcap1] 08/1/2024 23:50

All looking very positive for us here

[xcap1] 08/1/2024 23:49

I would say Glencore will most def see this as a green light and will want to be in the same competitive space as Rio

[xcap1] 08/1/2024 23:48

https://www.mining.com/simandou-expected-to-start-in-2024-almost-three-decades-of-setbacks/

[xcap1] 08/1/2024 23:25

Simandou build expected to start in 2024 after almost 30 years of setbacks (from mining.com) So we're not doing to bad :))

[runnerpete22] 08/1/2024 15:26

Today could be the last ever chance to get in at sub 10p. NAI, DYOR etc etc but...courtesy of MM over on LSE.

"Focus at FMF Today 13:48
Within the last hour, Arab News has highlighted the precise formula for green steel as being the focus for the FMF in Riyadh this week:

RIYADH: The Saudi capital is set to host ministers from over 45 countries on Jan. 9 for a roundtable meeting at the Future Minerals Forum 2024 to discuss the future of the global mining sector.

The world’s premier gathering on minerals seeks to address the challenges in the mining and metals sector, especially the heightened demand for energy transition minerals.

This high-level meeting, preceding the third edition of the forum, will see participation from 80 countries, featuring over 45 ministers and representatives from 20 international organizations, 30 nongovernmental organizations, and 13 business associations.

As nations rush to ensure stable supply chains, collaborative efforts will take center stage, with a key focus on supporting technology development.

THE FOCUS WILL BE ON PROMOTING A GREEN MINERAL SUPPLY CHAIN, LEVERAGING RELIABLE HYDROGEN AND RENEWABLE ENERGY SOURCES TO POWER THIS TRANSFORMATIVE JOURNEY.

The roundtable underscores the significant contribution of the region spanning from Africa to West and Central Asia, highlighting Saudi Arabia’s leadership role.

hxxps://www.arabnews.com/node/2438061/business-economy

>'Green Steel' requires high grade iron ore (Zanaga grade) to be reduced by hydrogen produced using renewable energy.

>> This is the DRI-EAF route of the 3 green steel mega hubs being built out across the Gulf States.

>>> Only Zanaga's grades will work, and the Saudis have yet to secure a single ton of captive supply.

[arab3] 05/1/2024 16:09

who sold 335k at 15:15 ?

[extrader] 04/1/2024 12:52

Approx 13m shares traded so far today, including some big prints...

Date Time Trade Prc Volume Buy/Sell Bid Ask Value

04-Jan-24 12:19:49 7.75 9,243,962 Unknown* 8.24 9.00 716.41k O

04-Jan-24 12:19:46 7.75 993,548 Unknown* 8.24 9.00 77.00k O

04-Jan-24 12:18:49 8.30 50,000 Sell* 8.24 9.00 4,150 A

04-Jan-24 12:18:49 8.32 11,995 Sell* 8.32 9.00 997.98 A

04-Jan-24 12:18:32 7.75 180,645 Unknown* 8.32 9.00 14.00k O

04-Jan-24 12:18:29 7.75 350,438 Unknown* 8.32 9.00 27.16k O

04-Jan-24 12:18:26 7.75 584,064 Unknown* 8.32 9.00 45.26k O

04-Jan-24 12:18:25 8.762 88,409 Unknown* 8.32 9.00 7,746 O

04-Jan-24 12:18:20 7.75 207,343 Unknown* 8.32 9.00 16.07k O

04-Jan-24 11:51:57 8.36 -66,813 Unknown* 8.40 9.00 -5,586 O

04-Jan-24 11:51:57 8.36 -66,813 Unknown* 8.40 9.00 -5,586 O

04-Jan-24 12:13:51 8.36 40,000 Sell* 8.40 9.00 3,344 O

04-Jan-24 10:12:05 8.405 250,000 Unknown* 8.32 9.00 21.01k O

04-Jan-24 12:07:23 8.46 3,000 Sell* 8.46 9.00 253.80 A

04-Jan-24 12:07:12 8.52 3,000 Sell* 8.32 9.00 255.60 A

04-Jan-24 09:54:31 8.61 250,000 Unknown* 8.32 9.00 21.53k O

04-Jan-24 11:51:57 8.36 66,813 Sell* 8.32 9.00 5,586 O

04-Jan-24 09:35:18 8.20 250,000 Unknown* 8.32 9.00 20.50k O

Price suggests these are Shard and what's left (?) of its 12m Tranche 2

AFAICS

[bbanker] 31/12/2023 22:26

It’s good to find a thread where contributors are polite and refrain from foul language. I lesson for many as we enter the new year. Happy New Year to all.

[extrader] 31/12/2023 17:56

If you root around on lse (there are 2 x ZIOC threads, both with good stuff), you may find some justification for even higher numbers, based on previous presentations, flexed to take account of what capex savings the EPC Partner has apparently come up with...

You might want a clear head for that, though..

;->

HNY to one and all.