This firm mines iron ore in the Republic of Congo, where it owns approximately half of the Congo-Brazzaville project.
ZIOC just got interesting imo. Ex Glencore resource
“The Zanaga Project represents one of the largest iron ore reserves in the world with a JORC compliant 6.9 billion tonne iron Ore Resource and with 2.1 billion tonnes in iron Ore Reserve.”
and in development with :
Interview…sounds like this is finally going to happen time to take note.
It’s one of the world’s largest proven iron ore resources. 2.1bn tonnes of Iron. Do the maths. But this post taken from elsewhere sums it up…
“Just remember there is high value in the ground estimated at around £3 per share. Once a way can be found of moving it to the market place these shares will not be worth pennies. In my view this is worth a punt if you take a medium term view and can afford to be patient.”
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There’s a lot to digest here, so I’d suggest watching the video above. In a nutshell, if they pull this off by bringing in the funding… 
Did you get in at that point? On a good run
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yeah. I’m not holding now unfortunately! sold it before xmas near 8p and the damn thing has kept going 
this is the way sometimes, great to see though
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for any holders.
ONCE upon a time CEOs of companies as grand as Anglo American migrated to a beachside villa or golfing redoubt when they retired. Not today. Take the list of investors stumping up $21m for shares in AIM-listed Zanaga Iron Ore Co (ZIOC).
They include Tony Trahar and Mark Cutifani, who walked the corridors of 44 Main Street for a collective 17 years. Alongside their investment vehicle, Greymont Bay, is Mick Davis, the former CEO of Xstrata, a ZIOC investor in his own right. It was Davis who first spotted the potential of the Zanaga project, in the Republic of Congo (RoC).
