Member Info for allthatguff

This deserves a little luck so here goes..
I would hate to be out over the weekend!

Have a good one everybody:-)

Here is a more recent link Tgelo and DB

https://www.afreximbank.com/afreximbank-and-thelo-db-renew-partnership-for-the-development-of-railways-in-africa/

Afreximbank and Thelo DB renew partnership for the development of railways in Africa
11/23/2022

Yikes!

?? Saudi investment...could be an option?

Yes, that is the EPP. I was raising "other" option :-)

Build a solar farm / battery plant and produce high value pellets. Hence lower quantities to truck out??

Why would FMG want two high risk projects? And the Zioc one would by expensive for them, all the strings attached etc.

That is the crux, there is no way to get it out currently. Personally, I don't believe the leave in the ground scenario for future value.

Interesting, but these railway announcements are generally meaningless unless construction actually starts. The amount of false dawns , "spades in the ground" announcements litters RoC and African history. If ZIOC want anything to happen they would have to build infrastructure themselves, relying on the state or other third parties is doomed, imo .

And by the way, 12mtpa scenario is a big deal!

I would love the EPP to go ahead, anything basically. However, if the EPP had been physically and financially viable, they would have done it already...

30 September 2022 RNS..

"I am pleased to report that significant work is underway to evaluate options to enable initial small scale production of iron ore from the Republic of Congo, utilising existing infrastructure.

The iron ore market has experienced substantial underinvestment by the major iron ore producers over the last decade. This provides an opportunity to demonstrate that smaller scale production can be delivered initially from RoC, with the upside potential of de-risking the larger scale potential following infrastructure upgrades. We look forward to providing an update on our activities in due course".

They have talked about this small scale production for years...not workable anyway in reality? ..is it just a fig leaf buying time for hooking a large deal? Time is ticking on...

Crumbs of comfort.. Glencore would not have done the rearrangement for fun...plus financially Zioc needs to get something going by year end..

Meanwhile, in the Congo, we are stuck in limbo, or is it purgatory? Either heaven or hell a
:-)

Let's just say 'on probation'.

Strange day and the price did not move despite all the buys..

Not sure this means anything at present? Still on knife edge.

"days". should be "says"

Even if you believe in this stuff, this what bar chart .com days ..

"Overall Average:
80% BUY
Overall Average Signal calculated from all 13 indicators. Signal Strength is a long-term measurement of the historical strength of the Signal, while Signal Direction is a short-term (3-Day) measurement of the movement of the Signal."

Noob trader, back in yar box..

It would help a great deal if the company was more engaged with its public investors regarding progress and strategy. It is kind of a private fiefdom of the core shareholders and Glencore. Come on, throw us a bone BOD..

Translation. He loves the chart, is hoping to buy on rising support line at around 5.8p. Hence ramping it down in short term. Bloody amateurs..

Thanks for the interesting response LT. Erudite analysis of my joke :)