Member Info for allthatguff

So selling 50% of ZIOC for £2bn would have no effect on the share price?

And all the MoU's point to a deal..

.. definitely no less than £3p/s. Otherwise Glencore would be giving it away, imo.

Good good luck to each and every one of you!

Decks clear?..and all ready for tsunami of events next week? I am very excited and have everything crossed!! 🤞

Maybe if you want to buy loads of shares you simultaneously short the scat out of it?

Hi Extrader and Mitch, my opinion is Zioc is far safer than KP2. The Glencore factor carries tremendous weight while KP2 is at total mercy of any development proposal they are given and the government. I am sticking with Zioc!

We're you 'talking turkey' at the family Xmas dinner table? :)

The newbies here were not involved then :)

Such a shame that Xstrata got nobbled. But here we are in a promising place.. finally!

We are missing nothing.

An obscure stock with over a decade of serial disappointment. Many think 'we have heard it all before' and will sell anything above 10p.

But it is all there in black and white. Unless something goes badly wrong this is IT..and SOON.

And you have to factor in size, quality and scarcity. Where else can you find, never mind buy into, another Zanaga with its attributes in a greening world economy? That has to command additional value in the calculations..

Don't let anybody persuade you that we are talking pence here going forward..the question is how many multiples of pounds?

Also, remember, NPVs is also a disingenuous financial measure imo, it destroys any future value when bringing it into the present, especially at long time frames , eg 10years plus. Strategic entities such as Saudi Arabia and China play a far longer view of value. I assume they will not be as hung up on NPV as hedge funds etc..

Reminder of NPV at iron price at modest $110 pt.. $3.9 billion !!

(Stage 1 & 2, punitive 10% discount rate)

For detailed assumptions see "ZIOC Investor Presentation Q1 2019" Page 20

https://www.zanagairon.com/investors/presentations/

Shaun is entirely correct!

I am sure they had to bring in 'abnormal load' slide rules on 18 wheeler trucks just to handle all the the digits in the valuation discussions!

When something is worth pounds and not pence? The sp is becoming highly amusing at this current level..

I guess it changes when people actually start believing the RNS's, it should not really be this way now with Glencore as Zanaga's biggest shareholder. What is good for Glencore is good for us..

Mr Market is soon going to realise these developments are not yet another flash in the pan. This is the real deal, literally. Things are going to get really crazy really soon. These boards will become a 'zoo' when the herd finally cottons on..

The first great RNS with many more to come in Q1.

"Draft arrangements for the funding of development and operation of the identified hydroelectric project(s), between the government of the Republic of Congo and third Parties."

Music to our ears..

The sp is starting to move, love it!

An appeal to all, we want the same success here, please bury all our past disagreements. I am also sorry and whole heartedly apologise for my part in taking aim at individuals in the past.

I feel the end is finally in sight and we may as well enjoy it together. Here is to our success and prosperous 2024!