Member Info for marcusg71

Zanaga Iron Ore Company Limited (AIM: ZIOC) is pleased to provide an update on its objectives in relation to the Company's corporate activities and workstreams related to the Zanaga Project (the "Project").

Q1 2026 near-term objectives:

· Project value enhancement workstreams (6 January 2026)

o Throughout 2025, and in addition to other project development activities, the Company has completed several workstreams aimed at improving the construction, operations, strategic optionality, and overall economics of the Zanaga Project

o The workstreams have been completed on time, and within budget, and are now progressing through final ZIOC Board level review and approval

o These results will be announced on Tuesday, 6 January 2026

· Project development strategy update (February 2026)

o Process plant Front End Engineering & Design ("FEED") results, including updated capital and operating cost estimates based on a DRI flow sheet developed through 2025

o Fully integrated project development plan, including economics of all project enhancements assessed to date

o Update on logistics and infrastructure solutions required to support the development of the Zanaga Project

They run till 26th February 2026.

News on the reason before that together with major milestones early new year!!

Could be in the £’s mid to late next year.

Wishing everyone a very merry Christmas. 🎅

Is set to become" means something is planned, scheduled, or highly likely to transform into something else, implying strong certainty or pre-arrangement, often used in news for future events like "The town is set to become a hub for tech". It suggests an outcome is nearly guaranteed, more so than "will become," indicating a plan, expectation, or strong Trend”

AGM on Friday , hopefully some other news this week 🔴

Strange trading pattern today, something trying to keep us below 7.5p on the bid.

Lots of automated little sells. 🤷🏻‍♂️

On the topic of wine hopefully I can pull the cork on a 2005 Château Margaux and not an Aldi wine of the week at Christmas dinner.

From CHATGPT on the new broker

🎯 In ZIOC’s case — probable reasons now

Putting together the recent moves by ZIOC (feasibility-study update, shareholder lock-in agreements, new corporate branding/website, joint broker appointment), the following interpretation seems plausible:

ZIOC is preparing for a major push — likely fundraising or strategic-partner engagement — to move its iron-ore project toward development/production. To maximise its chances of success, it’s strengthening its investor relations and advisory infrastructure. Appointing Tamesis Partners as joint broker appears designed to broaden marketing reach, bring mining-sector expertise, and signal to the market that ZIOC is ready to scale up and seize the opportunity.

Perhaps you should be asking the questions to the board at the AGM on the 19th December

The most interesting part of his Rio tenure!!

Personally selected by the Global Iron Ore CEO to spearhead Rio Tinto's Inclusion and Diversity program for North America. Led HR for the business divestment project and drove the IOC transformation as part of the global HR transformation program..."

Wonder who’s paying his salary? He won’t be cheap.

“Although, on further consideration, the plot thickens somewhat:

.."Jun 2025 - Present · 7 mos"

Either Canton's not good with numbers or he began his 'due diligence' earlier.”

That’s LinkedIn that estimates the dates/duration of role not Canton.

Defo more news this year.

AGM happening 19th December and news on milestones to come.

So what my average is just over 5p. I don’t begrudge them paying that whilst pumping millions into Zanaga to buy out Glencore. Plus look at there names and experience of the investors. It’s next level stuff.

Very interesting, thx for sharing

Timing is interesting, ready for news on strategic investors and potentially more eyes on the website.

Thanks Catbert

Together with future pricing as outlined by your previous posts on Iron Bear (albeit at 70%) then it gives the Zanaga board a strong position to negotiate from.

Thursday morning will be interesting to see if Rio’s investor day yields any clues regarding Zanaga.

8am Thursday if anyone is interested, here’s the link.

https://www.riotinto.com/en/invest/investor-seminars

Ah 4kandles, wondered where you’d got to.

Been on the beavvies again you old soak you.

Cheers 🍻

🙋🏻‍♂️

Great find 👏

The AGM will take place on 19 December 2025 at 10:00 a.m. (GMT) at the offices of Simmons & Simmons LLP, City Point, 1 Ropemaker Street, London, EC2Y 9SS.