Trader’s Café With Zak Mir: The Year In Small Caps27 Dec 2022 12:14
Zanaga
One of the smartest deals of the year came from Zanaga Iron Ore (ZIOC). Here the mining minnow teamed up with giant group Glencore no less, with the latter taking a minority 48% stake. As well as validation for the Zanaga Project, this puts Zanaga on the runway to production, without having the headache that so many of its peers may have in terms of funding.