Member Info for allthatguff

Boasts have to be facts, otherwise they would simply be lies.

Glencore do want or need more Zanaga lol. They have had ample opportunity had they so wished.

Another reason why Zanaga has to happen soon, the mounting pressure on the licence, "use it or lose" as evidenced recently in ROC.

Plus over a year spent already in COIDIC agreement (15months).

Nearly 6 months since last update where we were 'in early discussions.

Mr Market is misreading the current situation badly. Tick tock.

Nothing that has not been said before, but worth repeating and stressing..

"Higher-purity iron ore
There will likely also be greater use of high-purity iron ore and pellets, with Fe purity percentages in the mid- and upper-60s. Both offer a route for blast furnace operators to reduce their pollution levels. For more modern, efficient mills they can mitigate penalties or meet threshold targets.

The premium for high-grade iron ore is already a record above low-purity material. This is in part because supply sources are limited. Those with the highest purity resources are charging a premium"

https://agmetalminer.com/2021/03/18/iron-ore-price-reaches-10-year-high-but-retraces-after-five-year-plan-details/

###"Sources are limited" . This together with Zanaga's colossal size makes it inevitable that his will be developed, imo. There are plenty of large lower grade product deposits globally, but Zanaga is a huge prize for its quality.

https://www.kitco.com/news/2021-03-19/The-MSCI-think-it-could-take-4-59-trillion-to-rebuild-the-crumbling-US-infrastructure.html

Friday March 19, 2021
The MSCI thinks it could take $4.59 trillion to rebuild the crumbling US infrastructure

"There is speculation that a plan worth $2-trillion could signal buoyant demand for steel and non-ferrous metals in the medium term. The MSCI said that about $4.59 trillion over the next five years is actually what is needed."

And what an epic announcement could he make next week? Look, 30% odd will be added to the GDP by the upcoming Zanaga sale and development deal with China. All speculation, but it makes a great scenario!

3767days
Or 10 years, 3 months, 22 days

Is it time?
Yes.

Why is it so silent?
Cough.

Had a dip into your article, extrader, dense reading lol. The UK should hang its head in shame and nothing has really changed on AIM since then!

Under current macro circumstances we should be trading at mcap £100m plus, 30-40p per share.
The market is seriously stuffed up and disbelief will bite in the balls.
One day :)

Hi extrader,

here is an article which you may be find interesting in the general sense of African (mis)adeventures..

https://www.theafricareport.com/71454/beny-steinmetzs-african-business-ventures-where-hes-good-at-taking-risks/

https://www.theafricareport.com/71454/beny-steinmetzs-african-business-ventures-where-hes-good-at-taking-risks/

One quote struck me in the article...

"In July 2008, Conté made one of the last major decisions of his presidency, cancelling Rio Tinto’s licences for blocks 1 and 2, which he would award to BSGR in December. A few days later, the head of state drew his last breath. In 2010, BSGR sold a 51% stake in its Guinean assets to Brazil’s Vale for $2.5bn, or 15 times its initial investment – a windfall if there ever was one."

I assume the asserts were Simandou iron ore. This together with the more recent Simandou price tag does underline the value of Zanaga's 50% -1 share. £5-£8 per share would be good, not even an expectational price.

Who is going to end up being the the Richard who says..
" I was not in Zanaga went it sold, I was trading at the time".

No guarantees of course, but we surely in the timing hot zone right now.
The market is badly underestimating this colossal beast of a resource in this crucial time.

Time is running out. China is now all over the ROC mining scene. Guess who is next?

Good morning, extrader. It may all be eyewash, or the Chinese strategic imperative is playing out in front of our very eyes! This could be the moment China commit and reveal. The grand strategy and infrastructure master plan. The mega cash splash.

Nothing is simple in this part of the world, my personal view is China will move big and decisively. Australia and the iron ore stranglehold will be crushed. West Africa will be their iron ore strategic buffer.

"hitting up"..."hotting up"

Just keeping the timeline up to date..

Things are hitting up in the ROC, see Sangha news. ZIOC announcement imminent?!?

"Congo Republic signs deal on revoked iron ore licenses with Sangha Mining

https://www.marketscreener.com/news/latest/Congo-Republic-signs-deal-on-revoked-iron-ore-licenses-with-Sangha-Mining--32676503/

03/14/2021 | 08:06am

BRAZZAVILLE (Reuters) - Congo Republic on Saturday has signed two mining conventions with Congo's Sangha Mining to exploit iron ore on licenses the government withdrew last year from Australian miners Sundance and Equatorial Resources, and Nevis-registered Avima."

"Sangha Mining said on Saturday that it will invest $10 billion to develop the projects."

https://m.marketscreener.com/news/latest/Congo-Republic-signs-deal-on-revoked-iron-ore-licenses-with-Sangha-Mining--32676503/

..who will be caught without a chair?

You are either in or out.

The threat of licence loss actually works in our favour, the kick in the azz Glencore needs to sell off. All nicely primed currently..

Long term guarantees? From the ROC government..lol...sure.what are they worth?

They would be damn glad and lucky if this mine gets built, that is about it.

https://www.google.com/amp/s/www.sowetanlive.co.za/amp/news/africa/2021-03-10-zimbabwe-says-chinas-tsingshan-to-build-iron-ore-mine-steel-plant-from-may/

Zimbabwe says China's Tsingshan to build iron ore mine, steel plant from May
in News / Africa by Reuters

#Come on Cinderella.