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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Zanaga Iron Ore Company Limited | LSE:ZIOC | London | Ordinary Share | VGG9888M1023 | ORD NPV (DI) |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.13 | 1.73% | 7.64 | 7.34 | 7.98 | 761,440 | 16:35:15 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Offices-holdng Companies,nec | 0 | 8.1M | 0.0128 | 5.87 | 47.54M |
From Apr 2019 to Apr 2024
TIDMZIOC
RNS Number : 4715U
Zanaga Iron Ore Company Ltd
06 April 2021
6 April 2021
Update on timing of 12Mtpa Project Re-Costing Exercise
Zanaga Iron Ore Company ("ZIOC" or the "Company") (AIM:ZIOC) announces that the re-costing exercise on the Zanaga 12Mtpa Staged Development Project ("FS Cost Review"), announced on 29 September 2020, is being completed and is expected to be concluded around the middle of April 2021.
As announced in September, Jumelles Limited ("Jumelles"), the joint venture company between ZIOC and Glencore initiated the FS Cost Review process in order to ascertain the potential costs associated with the construction of the Zanaga Project's 12Mtpa Stage One Project in the current contractor pricing market. External engineering firms were engaged by Jumelles to complete this evaluation.
A further announcement will be made once the FS Cost Review has been completed.
______________________________________________
The Zanaga Iron Ore Company Limited LEI number is 21380085XNXEX6NL6L23.
Zanaga Iron Ore
Corporate Development and Andrew Trahar Investor Relations Manager +44 20 7399 1105
Liberum Capital Limited
Nominated Adviser, Financial Scott Mathieson, Edward Thomas Adviser and Corporate Broker +44 20 3100 2000
About us:
Zanaga Iron Ore Company Limited ("ZIOC" or the "Company") (AIM ticker: ZIOC) is the owner of 50% less one share in the Zanaga Iron Ore Project based in the Republic of Congo (Congo Brazzaville) through its investment in its associate Jumelles Limited. The Zanaga Iron Ore Project is one of the largest iron ore deposits in Africa and has the potential to become a world-class iron ore producer.
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END
UPDEAKLKEAXFEEA
(END) Dow Jones Newswires
April 06, 2021 02:30 ET (06:30 GMT)
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