Member Info for allthatguff

Babble.

Just a poor schnook.

https://uk.reuters.com/article/uk-china-economy-trade-ironore/chinas-2019-iron-ore-imports-rise-to-second-highest-ever-idUKKBN1ZD0EG?il=0

JANUARY 14, 2020 / 5:19 AM / UPDATED 8 MINUTES AGO
China's 2019 iron ore imports rise to second-highest ever
Min Zhang, Tom Daly
BEIJING (Reuters) - China’s iron ore imports rose 0.47% in 2019 to hover just below their all-time annual peak, fuelled by strong demand at steel mills and a second-half recovery in shipments from big miners after disruptions earlier in the year."

If that's what you believe, then it is true for you :)
Cannot argue with that.

That is simply a reflection of your outlook on life in general.

Risk tolerance depends on your psychology, experience, circumstances and goals. No right or wrong at all. Whatever works for you.

I tend to lump rather than split, more control and focus.

Now is the end game. Feel it.

http://m.miningweekly.com/article/vanadium-can-boost-south-african-mining-says-globaldata-2020-01-13/rep_id:3861

"Vanadium can boost South African mining, says GlobalData
13th January 2020 BY: SIMONE LIEDTKE
WRITER
New deposits are needed to promote the image of South Africa’s mining sector as that of a “sunrise industry”, despite years of falling production, strikes and upheaval, data analytics and consulting company GlobalData mining technology writer Scarlett Evans says."

Anyway 25x return is deramping lol :)
My delusion runs far deeper, the best chance of winning the lottery that I will ever have.

The way I see it, the end game is already in play, immediate funding is a matter of detail and not significant in the great scheme 9lof the project.

No risk, no gain. To me the odds are very good now.

"has been a couple of years since any half decent news "

Looks like somebody has missed the most important news of the last 3 years lol, unbelievable!

Oh dear, at least you are not bitter :)

We are not here for the pennies. End message.

Rns of 30/9/19

"Cash balance of US$1.4m as at 30 June 2019 and US$1.2m at 31 August 2019 "

## still ok currently for cash

The other thing to remember is that the market does not always get it right. Historical inertia and a serial seller (as has been the case recently) can hide when the game has actually changed fundamentally as it has now. It is now weighted towards WHEN and not IF, imo. Plus Mr Market finds it hard to even imagine what this beast of a resource this really is, I am sure the Chinese do not have that problem. So yes, it could indeed be Wham Bam, it's gone Dan.

So you are saying there is no chance ZIOC will be bought out. Wrong.

He was thinking of scottology who has an aversion to the use of npv discounting.

Don't waste his time, he has plenty to do. He can't give away non-RNS 'sed info anyway.

As per last RNS..
"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"

Funding ...could have just read the last RNS..

"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"