Zanaga Iron Ore Share Price (ZIOC)

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	Shares Traded	Last Trade
	-0.08p	-1.08%	7.35p	14,116	16:35:02

Bid Price		Offer Price	High Price	Low Price	Open Price
7.10p		7.60p	-	-	-

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Mining		-1.03	-0.37		20.8

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Zanaga Iron Ore (ZIOC) Latest News

Zanaga Iron Ore News

Date	Time	Source	Headline
17/4/2019	14:29	ALNC	PKC Capital Takes 6% Stake In Zanaga Iron Ore As Leganes Divests (ALLISS)
17/4/2019	14:02	ALNCF	Alliance News Flash Headline
17/4/2019	14:00	UKREG	Zanaga Iron Ore Company Ltd Holding(s) in Company
17/4/2019	13:58	UKREG	Zanaga Iron Ore Company Ltd Holding(s) in Company
29/3/2019	07:02	UKREG	Zanaga Iron Ore Company Ltd Block Listing Six Monthly Return
28/3/2019	11:35	ALNC	Zanaga Iron Ore Expects Low Congo Project Capital Costs After Testing
28/3/2019	07:02	UKREG	Zanaga Iron Ore Company Ltd ZANAGA PROJECT UPDATE
21/3/2019	07:00	UKREG	Zanaga Iron Ore Company Ltd Confirmation of investor presentation event..
28/2/2019	15:09	UKREG	Zanaga Iron Ore Company Ltd Investor presentation and project update event
28/1/2019	11:20	UKREG	Zanaga Iron Ore Company Ltd Holding(s) in Company

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Zanaga Iron Ore (ZIOC) Discussions and Chat

Zanaga Iron Ore Forums and Chat

Date	Time	Title	Posts
22/5/2019	00:02	ZIOC Zanaga Iron A 2018 MULTI BAGGER TOP FOR 2018	1,709
16/4/2019	17:47	Zanaga Iron Ore Company	8,395
23/8/2018	19:28	A un-moderated Zanaga thread. Open to ALL. Not the FEW	81
09/8/2018	17:51	ZIOC Zanaga Iron A 2018 MULTI BAGGER	466
03/8/2018	09:30	The Tidy and Topaz thread	81

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Zanaga Iron Ore (ZIOC) Most Recent Trades

Trade Time	Trade Price	Trade Size	Trade Value	Trade Type
09:38:51	7.33	10,000	732.50	O
08:37:08	7.33	4,116	301.50	O

View all Zanaga Iron Ore trades in real-time

Zanaga Iron Ore (ZIOC) Top Chat Posts

Date	Subject
23/5/2019 09:20	Zanaga Iron Ore Daily Update: Zanaga Iron Ore Company Limited is listed in the Mining sector of the London Stock Exchange with ticker ZIOC. The last closing price for Zanaga Iron Ore was 7.43p. Zanaga Iron Ore Company Limited has a 4 week average price of 6.17p and a 12 week average price of 6.17p. The 1 year high share price is 26p while the 1 year low share price is currently 6.17p. There are currently 283,201,033 shares in issue and the average daily traded volume is 397,449 shares. The market capitalisation of Zanaga Iron Ore Company Limited is £20,815,275.93. Read Full Thread Reply
30/4/2019 16:40	victoriadixon3: Crazy share price here! Epp progressing nicely with DSO options. Port and jv however could be announced at anytime which would make this share explode!! IPO £1.50! Read Full Thread Follow Reply
21/2/2019 16:47	amitburnshort: IMF deal will be concluded shortly. Watch this space. hxxps://www.imf.org/external/NP/SEC/bc/eng/Index.aspx Port to be announced within days/weeks. Crazy low share price / MCAP on what is coming. Read Full Thread Follow Reply
11/2/2019 09:30	aja5: Using your logic a multi billion £ company “Glencore̶1; are sat on a resource of100’s of billions that they can do nothing with because of their equal partners -1 share have no ability to fund their share of the project! Equally all their investment is almost worthless and they must accept a bid for said resource for something around the Zioc share price and forget the millions invested and all the time to get where they are! Glencore half although equal+1share is more valuable than Ziocs half because ?? There is no need to argue against your NO off take agreements are available NO traditional methods of bank financing and NO forward selling of the product via the newly created derivatives contracts by Glencore for 65%+ iron ore pellets...... Add to that the share price will definitely stay where it is irrelevant of any information/updates so the dilution would be at its highest....umm. I would say with an equal partner like Glencore this project should have an higher value than the rest but what would I know. Then you have forgotten the fact that the Gov could hand the operational control to a third party by exercising the 10% call to anyone Zioc May sell to meaning the new company could control 55% and make Glencore the junior partner! If your invested you shouldn’t be......I have never know anyone talk down their investment quite like you do,on that basis you are either short or a paid deramper!! Read Full Thread Follow Reply
19/9/2018 07:46	callmebwana: O/T LOL:o) AAZ to give 8% Divi. Watch the share price rocket. DYOR. NAI. Our boat at ZIOC will come in one day to. GLA. Read Full Thread Follow Reply
17/7/2018 15:09	the greedy labrador: Before cracking open the champagne we need to break above 16p before any confirmation of a share price climb. Topaz as usual I admire your optimism you don't know if there is "lots of yummy news on the way" at all. Last two comments are puerile. There hasn't been a nice steady share price rise. We are still below pre-update share price I'm with fox on this one one. Absolute blatant ramping and utter tosh to suggest a year end share price of £2. In the meantime good luck to all holders. Read Full Thread Follow Reply
11/7/2018 09:23	1fox1: Pete please point out what you call de-ramping. Everything I stated yesterday is true. It is quite simply fact. 3/01/2018 share price stood at 18p. It is now 10.50p On each of the two up dates the share price has fallen. At on point on the last up date it fell as much as 30%. This is NOT de-ramping it is fact. If it isn't point out where it is wrong. Until then shut up. I'm disappointed but under no illusion. You and Topaz are blatant rampers. You try to ramp the share price up but with no substance to your stupid predictions. Is it de-ramping to say I hope the Share price gets back to 20p? That's twice the price it is now you idiot. How is that de-ramping? I'll tell you what. Come the end of the year we will see who's closest. You and Topaz say 150p and even £2. I'll say 20p. Although I'm confident I'll win. Regarding your last remark about subscriptions. I would love to know just how many shares you really do have. I wouldn't say being a premium member of a two bob chat board was anything to go by. Read Full Thread Follow Reply
10/7/2018 11:24	1fox1: Settle down chaps. We are actually down from 13p the pre-update price. Topaz, as usual ridiculous ramping with no real substance. "The multibagging moment is within staring distance" Oh really why is that then? Meanwhile back in the real world the company has made two updates this year. On both updates the share price as gone down. In my view this is very disappointing. There cannot be one single holder out there who doesn't share my view. At the beginning of the year I expected the share price to be much higher. Just to remind people on the 3rd of January the opening share price was 18p. We have had two updates since. The share price is now 10.45p That I'm afraid is the reality. So Pete and Topaz you can ramp all you like. Until we have real evidence that funding/infrastructure is in place the share price is going nowhere Read Full Thread Follow Reply
15/3/2018 13:05	extrader: Hi topazfrenzy, ...when I was referring to the big boys, I meant those accumulating behind the scenes, not PIs with deep pockets only. First, in the context of the few million shares turnover that we see on a typical day- which no doubt include the (cough !) occasional daytrader - a 'big boy' would find it hard to accumulate in the millions, especially given the limited 'free float', est. 40 million IIRC He or she would need about 8.5 million shares just to get a declarable stake ie 3 %. There have been no 'declarable holdings RNS's. In any event, 3 % isn't going to put anybody in the driving seat. You'd need lots of 'big boys' buying up to that level, if you say just 3 or 4 for a 'meaningful' 9-12% stake, you have to buy up 25 to 35 million shares out of the 40 million or so free float. The share price would go through the roof. It hasn't, so they're not. Simples. OTOH, there is one (improbable) scenario that might play out : at least some of the believed 'sticky' shares are probably held anonymously , in the name of offshore companies. Somebody MIGHT be building up a stake by secretly buying the shares these offshore holding companies. But in that case, there'd be no change of ownership as far as ZIOC was aware, no buying of ZIOC shares themselves necessary and therefore no impact on share price. Capisce ? ATB Read Full Thread Follow Reply
02/10/2017 13:51	kirk 6: SO LETS LOok at the fundamentals:Every now and then I come across a share that I was not expecting to find and that I've never heard anything about before, this is a classic example of one of those shares.Yesterday Zanaga Iron Ore Company popped up on my radar due to a very strange action in the share price and some very large trades moving through a stock that typically sees very few trades per day.This much un-loved stock may actually prove to be one of AIMs biggest movers this year!Let's start with the fundementalsShares in issue: 279mFree Float: Approx: 75m (27%)Current MCap: £17m52 Week High: 212p52 Week Low: 4.6pAll-time High: 212p (No dilution since this high!)All-time Low: 1.35pCash in Bank: Approx $4.5mZanaga Project DetailsThe bare fact is that the company sits with a mineral resource situated in the Republic of Congo that is one of the world's largest with up to 6.9bn tonnes and of which 2.1bn is iron ore at a 66% fe. These figures have been produced in compliance with the key JORC code and the iron ore NPV (after financing and net of production and transportation) has been valued at anywhere up to $966m net to ZIOC based upon the current iron price of approx $55/tonne. (If the price of Iron Ore moves back closer to the $80 range then this puts the value up to $1.4bn!!)The project is a 50/50 collaboration with Glencore ($40bn Mcap), with Glencore hold 1 share more than Zanaga to give them control of the project.Zanaga management have been playing the long game this last two years, steadily progressing the project through, in the most important instance, the ratification of its Mining Convention and the lodging of the Environmental Permit that is now VERY OVERDUE and that will be another potential major milestone in the progress towards exploitation of this world class ore resource.Next CatalystThis project is waiting on the Environmental Permit to be obtained, this was expected at the end of the 2016 fiscal year which means it is now several months overdue and can land any day now!Once the permit has been agreed this could spark a chain of events that will send this share price on a crazy journey.With the permit in place I would expect ZIOC to look at selling their stake in the project and due to Glencore's huge success over the past couple of years they are now in a cash rich position and according to their chairman they are looking to buy out projects that they already have a stake in."We are looking for opportunities around," he said, adding Glencore was particularly interested in assets where it already had stakes or partnerships.This would put ZIOC firmly on their radar, the only outstanding issue being the Environmental Permit which should land very soon.My View: What happens nextBased on my research I strongly believe that once the Environmental Permit has been obtained ZIOC will look to sell their half of the project, either to their partner Glencore or to another party, potentially a Chinese interest as there have been rumours of interest from China in the past.This is backed up by the share transfer announced on the 3rd April 2017, which I believe was to get everything ready for the sale of the asset.I also see the directors holding a huge percentage of the shares in issue here which is a sign of confidence in my mind that they know what is coming.It would not surprise me if the deal is already in place and the permit being obtained is the catalyst to finalise it.In regards to the price for the sale of the asset, based on it being one of the world's leading iron ore assets I would be surprised if it were to sell for less than $100m (fire sale price), with my estimate being somewhere between $200m-$300m.When you compare this to the current Mcap of £17m you can see the huge value here!The Mcap appears to only be this low as it is so far off people's radars at the moment and the overdue nature of the Environmental Permit.Downsides?Are there any risks here? Of course, as with all shares there is a potential risk here that there will be further delay in the Environmental Permit, or that it might not be granted. However, given that all other permits and licenses have been obtained I see this as extremely unlikely.The risk to reward here is huge in my mind. Very low risk, massive reward.TargetsThe movement in the share price here is going to be driven by the Environmental Permit being obtained... On that news I would expect the share price to move to around 50p per share (600%+ Rise)I would then expect the share price to continue to rise up to the point of the asset sale, which would likely be over £1 per share (1300%+ Rise)Due to the Very Low free float in this share it moves incredibly quickly which will make it very difficult to by once the RNS lands so this is one you want to be in before the news lands.If you wish to check the figures here in this post then I suggest you take a look at the most recent investor presentation here to get an understanding of the size of this asset:http://www.zanagairon.com/pdfs/ZIOC-Investor-Presentation_21-Sept-2016.pdfThe share price at the time of writing this post was 6.125pNote: I have emailed the company to obtain answers to a couple of outstanding questions. I will update this post once I get a reply. Read Full Thread Follow Reply
29/9/2017 06:34	temmujin: abit easier to read.. RKBeekeeper Investment Case: Zanaga Iron Ore Company (ZIOC) Wednesday, Sep 06 2017 by Ash Deans 0 comments 3 Every now and then I come across a share that I was not expecting to find and that I’ve never heard anything about before, this is a classic example of one of those shares. Yesterday Zanaga Iron Ore Company popped up on my radar due to a very strange action in the share price and some very large trades moving through a stock that typically sees very few trades per day. This much un-loved stock may actually prove to be one of AIMs biggest movers this year! Let’s start with the fundementals Shares in issue: 279m Free Float: Approx: 75m (27%) Current MCap: £17m 52 Week High: 212p 52 Week Low: 4.6p All-time High: 212p (No dilution since this high!) All-time Low: 1.35p Cash in Bank: Approx $4.5m Zanaga Project Details The bare fact is that the company sits with a mineral resource situated in the Republic of Congo that is one of the world’s largest with up to 6.9bn tonnes and of which 2.1bn is iron ore at a 66% fe. These figures have been produced in compliance with the key JORC code and the iron ore NPV (after financing and net of production and transportation) has been valued at anywhere up to $966m net to ZIOC based upon the current iron price of approx $55/tonne. (If the price of Iron Ore moves back closer to the $80 range then this puts the value up to $1.4bn!!) The project is a 50/50 collaboration with Glencore ($40bn Mcap), with Glencore hold 1 share more than Zanaga to give them control of the project. Zanaga management have been playing the long game this last two years, steadily progressing the project through, in the most important instance, the ratification of its Mining Convention and the lodging of the Environmental Permit that is now VERY OVERDUE and that will be another potential major milestone in the progress towards exploitation of this world class ore resource. Next Catalyst This project is waiting on the Environmental Permit to be obtained, this was expected at the end of the 2016 fiscal year which means it is now several months overdue and can land any day now! Once the permit has been agreed this could spark a chain of events that will send this share price on a crazy journey. With the permit in place I would expect ZIOC to look at selling their stake in the project and due to Glencore’s huge success over the past couple of years they are now in a cash rich position and according to their chairman they are looking to buy out projects that they already have a stake in. “We are looking for opportunities around,” he said, adding Glencore was particularly interested in assets where it already had stakes or partnerships. This would put ZIOC firmly on their radar, the only outstanding issue being the Environmental Permit which should land very soon. My View: What happens next Based on my research I strongly believe that once the Environmental Permit has been obtained ZIOC will look to sell their half of the project, either to their partner Glencore or to another party, potentially a Chinese interest as there have been rumours of interest from China in the past. This is backed up by the share transfer announced on the 3rd April 2017, which I believe was to get everything ready for the sale of the asset. I also see the directors holding a huge percentage of the shares in issue here which is a sign of confidence in my mind that they know what is coming. It would not surprise me if the deal is already in place and the permit being obtained is the catalyst to finalise it. In regards to the price for the sale of the asset, based on it being one of the world’s leading iron ore assets I would be surprised if it were to sell for less than $100m (fire sale price), with my estimate being somewhere between $200m-$300m. When you compare this to the current Mcap of £17m you can see the huge value here! The Mcap appears to only be this low as it is so far off people’s radars at the moment and the overdue nature of the Environmental Permit. Downsides? Are there any risks here? Of course, as with all shares there is a potential risk here that there will be further delay in the Environmental Permit, or that it might not be granted. However, given that all other permits and licenses have been obtained I see this as extremely unlikely. The risk to reward here is huge in my mind. Very low risk, massive reward. Targets The movement in the share price here is going to be driven by the Environmental Permit being obtained… On that news I would expect the share price to move to around 50p per share (600%+ Rise) I would then expect the share price to continue to rise up to the point of the asset sale, which would likely be over £1 per share (1300%+ Rise) Due to the Very Low free float in this share it moves incredibly quickly which will make it very difficult to by once the RNS lands so this is one you want to be in before the news lands. If you wish to check the figures here in this post then I suggest you take a look at the most recent investor presentation here to get an understanding of the size of this asset: hxxp://www.zanagairon.com/pdfs/ZIOC-Investor-Presentation_21-Sept-2016.pdf The share price at the time of writing this post was 6.125p Note: I have emailed the company to obtain answers to a couple of outstanding questions. I will update this post once I get a reply. Read Full Thread Follow Reply

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