Member Info for marcusg71

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Https://x.com/zanaga_iron_ore/status/1902728008776991150?s=46&t=z4xNhdJMfh7lQTckBCIJuw

You know the ones who pretended they went to the investor event 🙈

Thanks 99, great post.

I’d hasten to say that it’s the investors egged on by the non investors (you can spot them a mile off) that keep looking backwards.

Next qtr we could have DRI confirmed and up to another $6bn added to the NPV.

This and so much more to look forward to over the coming months!!

Taken from the other board

This reads so so well. Big Congratulations to everybody who got it months and even years ago....

ZANAGA IRON ORE OUTLINES PLANS MAXIMISE THE VALUE OF ITS WORLD-CLASS IRON ORE PROJECT

Published: 06:55 19 Mar 2025 GMT

Ian Lyall Editor

Zanaga Iron Ore Co Ltd (AIM:ZIOC) said it is gearing up to move full speed ahead with its workstreams, aiming to maximise the value of its world-class iron ore project in the Republic of Congo.

Thanks to fresh funding, the company is ready to kick-start several studies that could significantly boost the project's worth - potentially adding over $4 billion to its net present value (NPV).

CEO Martin Knauth is clear about the company’s ambitions. "In addition to restructuring the company's shareholding, this fundraise process has secured funding to pursue workstreams capable of delivering high-impact value upside while adding efficiencies to the Zanaga Project through its construction and operating phases."

One major focus is improving the quality of its iron ore. The company wants to test whether its ore meets the high standards needed for Direct Reduction Iron (DRI), a process used in steelmaking that is becoming more popular as industries look to cut carbon emissions.

If successful, this could make Zanaga’s product much more valuable, potentially increasing the project’s NPV by as much as $6 billion.

Another big move is the potential development of a pellet plant, which would allow the company to turn its iron ore into a more refined, high-value product.

With abundant energy available in the Republic of Congo, as well as interest from groups in Saudi Arabia and the UAE, Zanaga is exploring whether this could be a profitable avenue.

Zanaga is also looking at ways to streamline infrastructure. Instead of building two separate pipelines for different stages of production, the company is considering one large-capacity pipeline from the start. This could save around $700 million in costs and speed up production expansion.

Finally, the company is investigating a more efficient method for handling waste materials from mining operations. By reducing moisture content in waste, Zanaga could cut long-term management costs and potentially save up to $2 billion.

With all these studies underway, Knauth says the company is eager to get moving. "We look forward to commencing this work upon settlement of the second tranche of the fundraise and, through these investigations, we aim to quantify the benefits to the Project and our investment, community, State and industry stakeholders."

Earlier this month, Zanaga said it had secured $21.5 million of new investment backed by a heavyweight team of mining veterans.

https://www.proactiveinvestors.co.uk/companies/news/1068127/zanaga-iron-ore-outlines-plans-maximise-the-value-of-its-world-class-iron-ore-project-1068127.html

Great post MM.

Thank god I’m fed up reasoning with the 🔔 🔚’s that percolate both boards.

Here’s to a great few weeks and months ahead.

Utter tosh!!

Yes read the 3rd March RNS.

All systems go!!

Oh yeah how many friends and family do you have that have been CEO of multi billion mining companies?

Also do you think the price was agreed the night before?

Where were you in November when you or anybody else could have bought at 3.51p.

Glencore are out tomorrow and the shares cancelled. Nothing to stop the SP rising and news flow ahead of the investor event.

Https://x.com/zanaga_iron_ore/status/1899044977625149537?s=46&t=z4xNhdJMfh7lQTckBCIJuw

Perfect chance to get any reassurances at the investor event in 12 days time.

Why would Zanaga hold investor events, tweet or do any PR if that was the aim? They wouldn’t want any increase in the share price, they’d want it as low as possible.

Https://x.com/zanaga_iron_ore/status/1897593245925843106?s=46&t=z4xNhdJMfh7lQTckBCIJuw

Cheers Feeks.

The marketing rights had become a problem in many posters eyes as to why we wouldn’t receive offers or bids for Zanaga. Now that has been resolved with Zanaga holding 80% going forward.

Massive massive plus!!!

In the long term does it matter? Sure we would have had a few million less shares, but that’s a small price to pay for the project advancement. Don’t forget those shares are not going to be flippped for a quick few £’s.

The resource is still the same, but we have now got a team that have been there and got the t-shirt.

I expect it to be fast tracked to finance now.

FWLIW I’ve always said £4 and I’m not changing my mind.

Why would they do that when Marty has just shelled out £315k. Utter codswallop!!

You could have done in early December