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Also, new options could be going to railway and ditching slurry pipeline. They looked at rail originally, but if third party foots the bill, happy days.

The billion dollar question..#daretodream

It could be a sale of Glencore stake, it cannot be ruled out.

I am sure they are very enthusiastic at the Jumelles team level. Developing options adds value and is in the interest of Glencore in terms of value. However, at the Glencore board level, ie Ivor Glasenberg, nothing positive has ever been said. To the contrary in fact. So I remain skeptical of Glencore's committment, they will want to sell this in all likelihood. Developing Zanaga would be a public u-turn on greenfield sites and developing an iron ore mine from scratch. A sale of Glencore's majority stake would be highly positive for ZIOC. As previously conjectured, this could be soon with port go-ahead.

It was still said, FACT. Your arbitrary "passed sell by date" OPINION is yours entirely.

The ONLY DIRECT views on iron ore strategy and Zanaga we know of Glencore are negative. FACT. And no, do not show me again what Elphick says. Until we hear otherwise, Glencore are more likely, on PAST STATEMENTS, to sell than develop this. All this squirming and ostriching is ludicrous.

Dispute dates all you want.it was still said..denial will not get anyone anywhere..deal with it.

We will get off MM's case when he stops acting like a mug. Ridiculous behaviour.

But yet, extrader is entirely correct. Glencore is the key.

I do hope you are right, MM :) This is constantly in my mind at the moment, tenterhooks.

I really think (hope) Zanaga's time has come, MM. It has been a long wait. As far as I can see, there are too many positive factors that have to drive this project forward now. Inaction would essentially write this off, it is simply too valuable and a global prize to do this.

To be clear, if Glencore stump up the cash for phase 1 proper, I will be the first to cheer. The EPP is a good filler but a side-show, committment to this means little for Glencore, pocket change. I have invested in this (but not always in) and watched this for many years (from the 110p level). This to me is still the biggest lifechanger investment if it works out. Intriguing and exciting. Good luck to all.

I am sure they are very enthusiastic at the Jumelles team level. Developing options adds value and is in the interest of Glencore in terms of value. However, at the Glencore board level, ie Ivor Glasenberg, nothing positive has ever been said. To the contrary in fact. So I remain skeptical of Glencore's committment, they will want to sell this in all likelihood. Developing Zanaga would be a public u-turn on greenfield sites and developing an iron ore mine from scratch. A sale of Glencore's majority stake would be highly positive for ZIOC. As previously conjectured, this could be soon with port go-ahead. This may be a contrarian view but is based on known facts and the situation as it is now. All will be revealed anyway, so need for anyone to get their knickers in a twist.

That's right keep attacking..being an azz always wins the argument :) I remain fully invested and yes, Glencore, is still a suspect partner in my view. Bully all you want.

Same old, always attacking the people, not the content. Posting a few links ("research"), doesnot give anyone the rigjt to abuse others of differing opinion.

Yes, Elphick said (!).. let's hear from Glencore.

Many companies love iron ore mining, but Glencore has gotten burnt in the past. If Glencore is so keen on Zanaga, where is the financial committment to full-scale mining? What is it now, 8 months since all licensing is place? I am not convinced about Glencore, they are the biggest impediment here I feel. The quicker they go the better. I know this does not follow your careful script, MM, hence the irritation.

And a bit older.. regarding greenfield development.. https://www.wsj.com/articles/glencore-to-take-disciplined-approach-to-expansion-1418197521 "Glencore has said it would continue to focus its investment on projects that are already under way, rather than on new mines or so-called greenfield projects. “The amount of capital that goes into these projects, you don’t get the returns,” Mr. Glasenberg said. “Greenfield is something we are very scared [of] and you won’t see us doing greenfields for a long time.” Is 4 years a long time?? We can only go by what is publicly said..

https://www.businesslive.co.za/bd/companies/mining/2017-12-14-glencore-could-buy-if-the-price-is-right/ "But when quizzed, Glasenberg was clear that the company, which favours mining and trading bulk commodities, had no interest in bringing undeveloped iron-ore assets into production. In fact, Glencore regarded its 50% plus one stake and management control of the Zanaga iron-ore project, with its 2.1-billion tonnes reserve with a 34% iron content, as an option on a high iron ore price and a saleable asset, said chief financial officer Steven Kalmin." -- if ZIOP does not commit to the new port, they will lose their inclusion to use it, imo. Glencore cannot just sit on and kill this project. It would lose value and the government probably would revoke the licence anyway. So I think Glencore will be forced into a decision soon.. You are welcome to argue otherwise, Minor.

Glencore have previously publicly stated they will not build iron ore mines, especially not on green field sites. So, if the new port construction goes ahead next year as expected, I assume this will need a written commitment of participation by the ZIOP partners. Principle is use it, or lose it. If Glencore do indeed not want to develop this, they will need to sell their majority share pretty soon, imo. Watch this space..