Member Info for allthatguff

Behind pay wall..

https://www.miningnews.net/dryblower/opinion/1389382/dryblower-on-the-other-chinese-attack-iron-ore

"Dryblower on the other Chinese attack, iron ore
CHINESE cyber-attacks on Australia made for alarming headlines last week but Dryblower wonders whether there’s something worse in store for the country’s most important export industry, iron ore, as China gears up to build the long-delayed Simandou project in Africa."

Further..

"The discussions to be undertaken with COIDIC could potentially substantially improve the development prospects of both the EPP Project as well as the 30Mtpa staged development project through debt and equity financing solutions, accelerated development timeframes for key logistics infrastructure, and collaboration on power and port alternatives associated with the Zanaga Project."

-- So, will there be demonstrable progress and interest from the Chinese side? Is there any interest in funding on terms acceptable to Glencore? Anything concrete would be welcome, good intentions are of little use.

What can we expect to hear about in the upcoming update..?

"The FA reflects the Parties' intention to explore co-operation opportunities for progressing the infrastructure and financing requirements for the Zanaga Project, both in the near term and the longer term, and its integration with objectives of the Pointe-Noire Special Economic Zone ("SEZ") as well as other opportunities relating to the development of the Zanaga Project."

"Priority initiative is to assess the option for development of approximately 2Mtpa of iron ore production at the Zanaga Project which will be delivered to the Pointe Noire SEZ in the Republic of Congo in order to support the proposed development of a steel production facility

-- The parties intend to develop a joint initiative to introduce funding partners for the Zanaga Project and its related infrastructure, with the aim of securing debt and equity financing"

29 June last year 2 was the annual report update.

Now had 6.5 months of framework agreement.

Crunch time!

Have th8e been coy or just dick's ? All shall be revealed :)

100%?? No.

Indeed, extrader :)

Here's hoping the BOD are making hay while the sun shines and that the update won't be the last straw!

I will get my coat..

We are all waiting for the hay delivery here, just hoping it ain't straw again..

All good points. Thank you for the technical overview, the detail does count.

ATB

Ps. The 'technology' that 'wins' is not always the most efficient one as history has shown many times over. Efficiency is simply one of many metrics that make up a package.

One can quibble about semantics ('battery') and efficiency allocation. But still a fine project that IS going ahead. The Vanadium is one of many, all efforts must be applauded moving forward. GL.

But it's being built , so need to be defensive.

https://amp.theguardian.com/environment/2020/jun/18/worlds-biggest-liquid-air-battery-starts-construction-in-uk

Climate emission killer: construction begins on world’s biggest liquid air battery

https://www.kitco.com/news/2020-06-17/Gold-miners-need-to-invest-37-billion-in-exploration-by-2025-to-avoid-a-peak-production-WoodMac.html

"Gold miners need to invest $37 billion in exploration by 2025 to avoid a peak production - WoodMac
Neils Christensen
Wednesday June 17, 2020

(Kitco News) - Gold miners need to invest billions of dollars in exploration if they want to maintain 2019 production levels, according to the latest research from Wood Mackenzie.

In a report published Wednesday, Rory Townsend, head of gold research at the research firm, said that the mining sector needs to invest $37 billion by 2025 if the sector wants to maintain production levels reported in 2019. He added that the idea of peak gold continues to grow as companies haven’t replaced current production."

Eery.

Or the "we are getting costs" company. Yada yada.

Government debt is now astronomical...rates will be kept forced down regardless of all else.

https://www.kitco.com/news/2020-06-16/Barrick-cashes-out-partial-stake-in-Shandong-Gold.html

Barrick cashes out partial stake in Shandong Gold
Allen Sykora Allen
Tuesday June 16, 2020

Kitco News) - Barrick Gold Corp. (NYSE: GOLD; TSX: ABX) has sold much of its stake in Shandong Gold Mining Co., Ltd. for $210 million, Barrick announced Tuesday.

##Looks like they at6e scratching behind the sofa for some pennies. Wanting to buy something nice?

Our guts have not been trustworthy over the years. Trapped wind, alas.

The COIDIC update needs to be meaty or we are screewed.

Only one fair conclusion, either Solg is grossly undervalued ot that other stock is grossly overvalued.

To be precise, we have a completed concept study. Whether that will be acceptable to a would be buyer ? Hopefully..