Member Info for Aberdeenman

Despite align saying they have full transparency they have not disclosed how they acquired the shares.

Were the bulk of them in the placing?

Did they buy on the open market?

They should come clean.

That said, given the size of the holding, they could be insiders now. I suspect they will have had a briefing, and know more than us.

It bodes well for the potential here.

Hopefully, we will get news in the short term that propels this massively upwards, I would not be here if there was not a high likelihood of it happening!

Aberdeenman

The Chinese operate on different timescales from most cultures.

They will screw the ozzies by getting alternative ore sources, doesn't matter if it takes 5 years for their supplies to come on stream, they will get their revenge.

Simandou, Sundance potentially, and zanaga, means they can bypass global market pricing and secure strategic supplies.

It is coming IMO.

Aberdeenman

Looking set for a little push higher.

Iron ore prices still rising, just wish they would give an update on progress!

Aberdeenman

The NPV of Zanaga must be through the roof!

Cannot believe that AT is not receiving many calls to explore options.

There is a lot of money looking for good returns, and Zanaga has it in spades ;-)

Aberdeenman

"Would China want the Sundance mine in addition to Simandou and Zanaga? A normal miner might not want Sundance in addition as more supply will push down the iron ore price - but for China, this would be an added benefit. "

Personally, I think China will move to secure supplies from a few sources to make sure there is alternative supplies. In addition, I think that they will want to sidestep the market, so steel mills investing directly with cash and offtake agreements to get cheap supplies and fixed rates.

Doing this will have several effects, screw the Ozzies, and also lower global prices (in time), however, there is little chance that Sundance, Zanaga and Simandou would supply all their/world needs, so they can, in effect, manipulate global prices by varying output, and benefit from profits from the mines on sales to rest of world from the African mines.

I, personally, do not think there is any doubt that the Chinese will make a move for Zanaga, but Glencore is the big unknown.

Aberdeenman

I like miners and ones that have a high potential reward.

I do not like the huge discount the recent placing shares were placed at as it can result in huge churn, however recent rises show that the reward potential is still there.

I appreciate that on further advances this has potential to much more than 10 bag, and like most investors that is why I am here, it is undervalued and has huge potential.

Aberdeenman

Price is holding, and may even push up a little.

Ore prices still reaching multi-year highs and may have more to go.

Interest likely very high in getting Zanaga off the ground (literally)

Next year could be amazing!

Aberdeenman

Definitely looks like news will be next year now.

No matter, just a case of switching off for a bit.

Aberdeenman

That makes Zanaga the most attractive it has been since 2011!!

Aberdeenman

Bit transparant.

'On my watchlist, so I will try talk it down a bit by trying to panic some holders'

Aberdeenman

"Sorry only on a phone NO PLUTONIUM"

Party pooper.

Aberdeenman

/100 obviously for %

Aberdeenman

So it is (2,114,000 * 0.58) + (4,114,000 * 1.46)

= 1229806 * current price

Aberdeenman

It will not take much for this to 'break out' higher, but even if it does not, the price seems pretty stable at these levels.

Background buying would be very interesting.

Inevitably in any deal, whispers get out, so those in the know would start building a position, human nature...

It truly is just a when, not if, as mentioned, only trouble is the when has lasted many years so far!

That said, everything is extremely favourable for this to come to fruition with a suitable deal that gets around the sticking 'points'.

Aberdeenman

There are always some who will sell into news, however, there are holders here who have invested into the company for the connection with the area, and there is also two significant pieces of news due, if they don't release on the same day, there is a good chance of significant interest in the company resulting from the first piece of news, so a rising SP into the second.

As for selling for Christmas, I doubt it, most people I have spoken to in investing circles, and that numbers in the hundreds are not scratching around for a few quid to buy presents.

Aberdeenman

Is Monday the favourite for news??

Although it could have come today, Friday is always perceived as a bad day for news, or a good day for bad news.

SO, if it is going to be this year, Monday looks favourite!

Aberdeenman

The Chinese steel mills, along with some form of Chinese central entity may well be investing in ore supplies, cut out the market completely and shaft the Ozzies.

They would need a low cost of extraction and shipment though, maybe something like Zanaga??

Aberdeenman

Getting towards a very good base, if news is coming. BIG IF, but still hoping for a gap up to 30-60p on news of a deal.

Will it come? Who knows when!

Aberdeenman

Tick tok

Time getting closer to the timer running out, then BOOM.

Well, that's what we are hoping for anyway!

Aberdeenman

"'new' accounts posting clickbate come the weekend."

We can already see some of the master bates arriving.

Aberdeenman