Member Info for allthatguff

The only the thing that will cheer us all up is if it breaks and stays above 25p on fundamental development progress.

We do not know what anybody's life situation is, telling them to be something they are not feeling is presumptuous. And after more than a decade of stagnation there are many feelings about this personal quest many of us are on. Fatigue etc. Good luck to all and to a kind 2024.

It's Driving home for Christmas!

If you need good cheer, have a beer, or count the sleeps to beginning January..

Cue headlines..

Zanaga awakens..the red phoenix.

Hmm, MOUs by their nature are aspirational rather than detailed contracts. Still odd.

So there is all this history and old relationship. Why are we still dancing round the Christmas tree only trying to get the level of MOU in Q1 2024? Does not make sense to me, just sign a bleeding deal..

There is plenty of meat on the bone for everyone, this is grossly undervalued. So all parties should do well and be satisfied.

Feasibility Study update - End 2023

Https://www.manaraminerals.com/Investments.html

"ESG

Media

Contacts

Our Investment Mandate

We provide long-term capital to investment opportunities that offer both access to offtake as well as attractive returns on investment.

green

The key pillars of our

investment strategy:

1. Partnership

We take minority positions in companies and assets, providing long-term capital for long term partnerships with world class operators.

2. Structure

We make equity investments to participate in the expected growth of an opportunity.

3. Offtake

Securing offtake is critical to our investments, which feed into global markets.

4. Commodities

We are currently focused on copper, lithium, nickel and iron ore.

5. International

Our investment mandate is global, and we see opportunities in Africa and Asia, connecting with value chains in the Middle East."

"Backed by Ma’aden, a global leading mining company, and PIF, one of the world’s largest sovereign wealth funds.

We have access to the resources that will accelerate the development of world class mining assets"

However the cake sliced, diced or liquidised, this will be worth more than 8p per share going forward..

The question is, will Santa come next week, could well..

In the RNS 'About us' section..

"A major Project update is underway to freshen historical studies in light of changes in the world's economy and growing demand for low-carbon steel production, for which the Zanaga resource is highly suited, with the potential to become one of the largest producers of high grade premium pellet feed iron ore."

...nice to see the premium pellet product aspiration stressed.

This appointment does appear to the starting gun being fired.. finally!

Thanks for your thoughts 99icecream and extrader. It is the process I am probably suspicious of, hence it rings odd. Normally you would do your negotiating behind doors and then sign and publicly release a partner MOU? Not a long song and dance beforehand?

Also extrader does raise an interesting question of why Zanaga should stay involved at all and lead all this?? Surely Glencore would want to sell the offtake to sell and somebody else builds/runs the mine?

.. strategic partner initiative (Q1)even mean in practice and especially on the woolly level of a MOU? This continues to baffle as ever.

Hi extrader, still watching, waiting and hope as we all do :-).

I cannot remember the details of the article I was responding to unfortunately..

Carbon dioxide is continually removed from the atmosphere by biological and rock weathering processes. If you stop producing it, it goes down. Entirely reversible, Ireland is very lucky to have a functioning government!

The DRC could just be the common error everyone makes... intriguing..

Boom boom.

Reality is it will not be delivered next January, this will still be waited for in July next year. Plus Kore will have the privilege of stumping up 5mill for their tardy work.

Even more "me me me" time?? :-)

Schadenfreude aber ohne Freunde!