The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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!
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..