Member Info for allthatguff

Blow up you say? You mean as in Boooooooooooom!

Hey, it's Friday, you don't be want to be out over the *******!
:-)

Sorry, pasted the wrong bit from article..very bad Zanaga info lol.

Sapro..

"Sapro mined the oil-dependent Central African country’s first iron ore in 2017 from its Mayoko project in the southwest and plans to reach output of 12 million tonnes per year by 2022."

"Glencore’s joint venture with British Virgin Islands-incorporated Zanaga Iron Ore Co plans to ship 2 million tonnes of iron ore per year over the next two years, and 30 million tonnes by 2024."

https://www.reuters.com/article/us-congorepublic-iron-idUSKCN1RV14N

Older 2019 article, gives you an idea of tonnage.

Kore Potash - 2.2Mtpa MoP production (Koala) and also potential DX project 400ktpa MoP production

KROPZ - 2m tpa phosphate concentrate

Excellent , we all agree. So the deal is done, let's have the announcement pronto. It's time.

sorry, "sooner, rather than later".

6 years is but a twinkle of an eye in Zanaga time lol

Good luck all, we deserve the great outcome on this. Sooner , rather later.

"it’s only a matter of time." That was also said 13 years ago. Have had two previous real hopes "oh this happening" when it all fizzled to nothing. Third time lucky?

I suppose it easier for the newbies from only 6 years ago to be relaxed ha ha

Don't take me wrong, this not negative, but just expresses my frustration.

Personally, I am waiting very impatiently and will be very pee'd off if this drags on for another 6 months. Just saying :-)

Also, the more delays the more risk of derailment. They have had many years to sort this out. Come on!

The number of shares not in public hands is 50.61%..

Yes, I firmly believe we may be in the critical news zone. About time!

Simply failed to break resistance, will now test downside for strength. Anyway, can be healthy for further round of upward movement from here..

I am amazed people cannot see the potential here, this is coming right, and the share price is lagging badly, still near rock bottom lows. Elandsfontein could be very profitable going forward. Never mind the carrot if Hinda comes off soon with financing for go ahead.

I don't believe the BOD are bad, so 1. or 3., for me. As you know I do not trust the Chinese as good faith negotiators. I would out it at 50/50 between 1 and 3. For me no reason to hold here until end June?

Good stuff, Marcus. Maybe they did not out the cap back on the fountain voen and carried on signing other contracts :-)

Where is the proper news? You wetted our appetite last year with Glencore incorporation and dangling more news soon?
It's time, we are ready!

..more about the state of play in Kore than one little agitating steaming pile. Where is the progress, discuss?

Monthly break even without resorting to loans, (soon, this quarter?) get steady state full production (and quality) and start paying off debt. At least the debt is "friendly" in as much being from ARC fund. They are not going to cut off their own feet unnecessarily.

The next 3 months will be pivotal for KROPZ at Elandsfontein. Need to sort out the quality and get to 1mtpa full capacity (83000tpm). It is doable potentially and the ramping up is gathering pace. There is no mention of electricity issues even though they run off national grid where there are frequent regional load shedding power shutdowns.

Progress so far..
** 23 Jan '23 first shipment and sale of 33,000 tonnes of phosphate concentrate

** 4 March 20,000 tonnes of phosphate concentrate
"As with the first bulk sale recorded in January 2023, concentrate production is still not yet at optimal quality, thus it is still being sold at a discount to current market prices. Plant modifications and adjustments to processing parameters have resulted in significant improvements in daily throughput and quality but further optimisation is required."

** 25 April 43,886 tonnes of phosphate concentrate
But no mention of quality? Promise quarterly sales updates going forward.