PERMIT AWARDED If Glencore don't make a move for ZIOC on this news, others will.This will be over in a flash imo.SP Being held today so big boys can load up further. Think many got caught on the hop today.
Re: Top up opportunity! Another major milestone behind us now...Still a way to go, but not a time to sell yet... there is no reason why the SP shouldn't get back to £1 again (though probably not £2) in a few years as there have been no dilution events and it's most likely to require project finance only; with Glencore support of course for their 50% share.
Re: Top up opportunity! Well, that opportunity didn't last long!!"ENVIRONMENTAL PERMIT AWARDED TO ZANAGA"Let's see where she settles by Friday.Guess those options will be triggered now at 18.5pThen will come the T/O, but at what price, I truly have no idea, but will be multiples of today, that is for sure.glalth
Top up opportunity! Well someone wants these on the cheap !Bargain price now... for those looking to top up...
Interesting week ahead! Will se what price this opens on Monday?Ill try to top up if I can gather further funds before this takes off...Good luck to all invested
Re: RNS HPCF,Para 3 of the RNS[link]
Re: RNS NewKOTB - whose quote was that?
RNS Clearing the decks by the look of it."serves no further purpose and has become an administrative inconvenience" ..... really (lol)Permit news maybe!
Re: 6p Still a steal at 20p... if lower CAPEX mining plan gets the go-ahead with a mining licence soon.
6p Still a steal at this price.
Re: Rumour An unfounded rumour, obviously.......
Rumour Lot of buying Friday on the rumour that the environmental permit was being discussed by the Ministry late Friday afternoon.
Rns half year report Environmental report still expected by year end still."Cash balance of US$4.4m as at 30 June 2017 and US$4.2m at 31 August 2017"..still healthyUpdate of investigation of "early development of a small-scale, low capex, low opex project utilising road and potentially rail transportation solutions".."We intend to be in a position to provide more detail on the outcomes of this study work by the end of this year."
Environmental permit.. expected H2 2017...The clock is ticking! It is noteworthy that Glencore, who profess not to like greenfield developments have not sold off their controlling stake. Plus, the iron ore price has stabilized at a more reasonable level this year, sitting at around $80 per tonne currently. Zanaga would very profitable at these levels and may get premium price for the sought after 62% Fe ore. My guess is, they will bring in 3rd party partner to help finance, maybe Zioc would sell off 25% share? Or even sell out totally?
Oilplayer2009 @Oilplayer2009 minutes ago More [link] #ZIOC (5p) unable to buy on-line, is this relevant. Has been a large seller out there with stock previously plentiful, fallen from 7p-8p