Member Info for allthatguff

...until they are not. Tick tock..

Unless there is any announced negative news (eg a delay), this will continue ratcheting upwards as the impending re-evaluation EPC contract signing approaches, which could be any day now, regardless of China conferences.

There should be initial breakout above 2.5p and rise followed by another boom event on favourable funding agreement.

Imo, this is not a time to sell and hope for retrace (wink Howard 😉).

Look's like it's happening, even the Rooibos (vile stuff) is brewing..

Completion news any day now and when this breaks above 2.5p odd it is blue blue sky. Fully agree with your thoughts Y000

This is a rare opportunity, imo..

Be happy to get £20m for FEED study, that has highest probability..

Read the financial statement carefully, the gross profit figure highlight hides a lot. A substantial loss was actually had over the period.

"Total liabilities increased by £22.3m to £34.1m, mainly due to the increased borrowings. Further details on assets and liabilities can be found in the notes to the Annual Financial Statements."

Something is brewing.

LSE rising fast

"The ZIOC Board has unanimously agreed to the granting of share options and is delighted with Marty's efforts to date, and expect to see his efforts delivering meaningful outcomes in due course."

"The ZIOC Board has unanimously agreed to the granting of share options and is delighted with Marty's efforts to date, and expect to see his efforts delivering meaningful outcomes in due course."

My "imagined" mental health, my supposed"frustrations" and my investment choices are none of your business, Eddsy. Debate the topic, not the person. What is YOUR opinion on Zanaga?

Dear Eddsy, rather than perpetually getting personal with people, why not add your thoughts as in a real discussion? Say what YOU think. You seem to make a lot of assumptions about people which are based on nothing.

After all the weirdness of the recent events here and the non appearance of the MOUs, I suspect if we don't get FEED financed in the next 3 weeks (as trumpeted in the interview), then the interim results update at the end of September will be a Dud (with a capital "D"). This is hanging in the balance and I feel that they are either frantically negotiating hard or they are sitting around waiting for the phone to ring again. I totally have no idea now if the rabbit will be pulled from the hat or we could be sitting here still in January next year with no hope. Fingers crossed 🤞 for all of us.

Sorry, to multi post. Last point..

The value retained here could be quite good after financing, since from last RNS...

"Kore Potash continues to work with the Consortium to provide financing for the total construction cost of Kola, which is intended to be based on royalty and debt finance."

Wait and see, but my own modest target (doubling) could be very understated!

I think EPC signing could happen very soon. The contract wrangling has been going on since the beginning of the year and now agreement has been reach bar final lawyer presentation of contracts. So after all this time the contract should only be going through last refinements and should not take too long? A guess, I know, but I would caution anyone waiting too long before dipping I to this..

A difficult question, the results of the substantial EPC reworkings are not known.

However, this from the original Kola DFS presentation..

"Industry leading operating costs: average cost of MoP delivered to Brazil of US$102.47/t, potential to be the lowest cost potash supplier to Brazil

NPV110(real) of US$1,452M and IRR1 of 17.2% on an ungeared, attributable basis

Long life: nameplate production target of 2.2Mtpa MoP over a 33 year life2

High operating margins: 75% average cash operating margin

Strong free cashflow generation: average LoM annual free cashflow of US$500M post tax, post commissioning

Second quartile pre-production capital intensity: US$2.1B on EPCM basis; capital intensity of US$956/t MoP

Additional upside potential: further opportunities to potentially improve and optimise the project have been identified by Kore and its consultants

* Based on life-of mine average MoP price for granular of US$360/t CFR Brazil and standard US$350/t CFR Brazil

** 23 years based on Ore Reserves and 6% Inferred Mineral Resource, and further 10 years based on Inferred Mineral Resources. Refer to Kore‘s market announcement dated 29 Jan 2019"

//// The big question is after financing, how much value is retained within the company? (also note the higher MOP price used in figures above $350)360, current market price is around $300pt).

My own take on this modest, if I can get 100% upside (which is more than safe bet) I would be happy. The "angel is in the detail" (sic), and I would revise my targets once the actual figures are released. To me this looks like a "no-brainer" at this stage where most of its inherent value is about to be released through EPC signing and Financing (FID).

Could be any day now...

I would hate to be out over the weekend! 😹🙂

Major news and huge significance for project. All systems go!

The wire line logging and DST operations results for the last drill extension might drop by the end of this week. All shall be revealed regarding percentages. Just see it as an appetiser to the coming EWT ops. This could go absolutely ballistic 🎈

Is that a chatbot? Weird.

From original 5 February drilling success RNS.. "The Company has identified that the frequency of helium increases with depth and is preferentially carried in hot fluids out of the Basement and along fault conduits. "

So today's RNS is extremely significant (!), it adds another potential 168m of payzone. Huge!