Member Info for NewKOTB

Brent up 35% this year .... that's on 20% of our production

"We think a new energy bull market has started and it could last for over five years.."

I would say so !

"let's see where the sp goes after the 2018 results..."

Not until his boss has closed their shorts and opened mass of longs

"Either news due soon in April or another acquisition coming.."

Or even an approach .... given our Mcap and pent-up potential.

Either way, I'm picking more shares up every day atm.

Should bounce off 114p, if not a lot of fresh money will enter at sub 110p imo.

Are we be targeted atm, to me it appears so.

Automated trades as regular as clockwork to drop the SP right into the close once more.

Our friend, NI is working for our 'A' trading foe imo, although he will not admit this!

I blame the Americans !!!

gla

to a deal being done imo

"Upgraded road between mine site and national highway..."

So it's not a mud track unsuitable for trucks then !!

mytton,

Think you will need to buy on the bell .... should of got in before today.

The detail is there for all to see .... even for the visually impaired.

gla

ZANAGA PROJECT UPDATE

Zanaga Iron Ore Company ("ZIOC" or the "Company") (AIM:ZIOC) is pleased to provide an update to shareholders on the Zanaga Project, including specifically the status of the Early Production Project (the "EPP Project").

An updated investor presentation will be loaded to the Company's website today.

Highlights

EPP Project

· Targeting 1Mtpa production of high grade >65% Fe iron ore pellet feed concentrate / pellets with low impurities

· Low capital cost development

o Evaluation process progressing well

o Targeting less than $50m capital cost for pellet feed project scope, or $110m for full pellet project

· Substantial plant technical work complete

o Bulk sample utilised for product testing

o Low capex, low opex milling solution proven viable

o Beneficiation test work confirmed process flow sheet

o Indicative detailed pellet feed plant cost estimate received

o Bolt-on pellet plant cost estimate being refined

· Preferred mining contractor selected - contract negotiation under way

· Brownfield logistics solution entering final stages of definition

o Minor road upgrade cost of U$1m confirmed for road route to Franceville, Gabon

o Multiple trucking contractors engaged - optimal solution being refined

o Rail and port costs entering detailed negotiation

· Construction estimated at approximately two years

· On completion of assessment work, outcomes to be presented to the board of Jumelles Ltd, the joint venture company ("Jumelles")

Review of 30Mtpa Staged Development Project

· 2014 Feasibility Study model reviewed internally to illustrate potential impact of 65% iron concentrate index pricing formula

· Value engineering opportunities continue to be investigated with potential to provide significant capital and operating cost savings

jaseham,

"Wonder when the next set of accounts will be published.....Hopefully this side of the summer"

Good luck with that particularly difficult research task.

Let us know how you get on.

n/m for NI

Interesting that we have funds still adding atm.

For example, Tibra Equities added 3m shares at 57p .... is it worth it for £15k profit ?

"...The talks will ensure all parties involved will benefit fairly from the project, Energy Minister Medard Kalemani said at a meeting with Equinor executives in Tanzanian capital, Dodoma. Other companies involved in the project include Royal Dutch Shell and Ophir Energy..."

LC,

Agree, torrid end and totally unnecessary.

Problem is Ophir is not the only bad apple, just makes it worse that it's a main market listing and this type of daylight robbery of PI's and pension funds is allowed to carry on.

Boys club, alive 'n' kicking.

aimo

Next leg up due very soon.

Been trading sideways since early November 2018, just need to pop through 150p and move up to 170p.

SP still being actively managed imo

gla

That said, one done the SP will be 'allowed" to rise ...

GLA

aimo

SP,

Sounds to me you are being sucked in ... slowly into the belief that future of SDX is rosy !

It is, but not sure how much of that is applicable to us PI's

PW stated that 'no equity raise' will happen in the interview.

Go to say that worried me, as that is a sure sign we will have one imo.

Once SDX has been delisted from TSX, I would hate to wake up to an Private placement, that just so happen has been taken up by SDX SPV and Ingalls for an additional c25% of the newly issued capital.

Some lame excuse will be given no doubt, for issuing at multiyear lows and at a discount too !!

The excuse will be along the lines of ... "we need to accelerate the SD program ... blah blah blah ..."

Without a doubt SDX SPV et al will NOT be buying on the open market for sure. Via a spoof holding company possibly, but why raise the SP by buying when your mate can facilitate a RI very easily.

Is it possible MEA (SDX SPV) and Ingalls are still owed sweeteners !!

Still don't like the way MEA became an SPV overnight ..... "A special purpose vehicle (SPV) is a legal entity created for a limited business acquisition or transaction, or it can be used as a funding structure...." Which one is it !! Either way, not particularly ideal for PI's

Enjoy your Sunday guys.

AIMO

And PW wants to move away from TSX so we can have more liquidity at the expense of the PI .... really !!

SDX will be taken over and PW will have a massive bonus as they will probably retain current board with a golden hello..... as an SPV is not equipped to run an O&G company.

I know I'm hoping for 70-80p, but the games been afoot for many months and I may well be too optimistic in my valuations.

gla

aimo

So, we drop c£10m Mcap on net trades of £97k.