Member Info for alwayshoping

A...couple of exerts. NOT A SINGLE MENTION OF ZANAGA !!!!!!

Re future of mining.....In light of their potential, mining industries could become levers of growth, providers of significant financial resources for our country.

The major integrative project for the development of the iron deposits of Nabemba in Congo and MBalam in Cameroon was the subject, last June in Ouesso, of fruitful exchanges between the two countries.

Rigorous monitoring and evaluation of this project will translate, in practice, our shared desire for sub-regional integration.

The implementation of the Mayoko - Moussondji iron deposit, for reserves estimated at 917 million tonnes, was relaunched with the reattribution of the operating permit to a new partner with solid experience in the field and presenting proven technical and financial guarantees.

The completion of this mining project should result in the creation of around 700 jobs.

But then we get this....."For the export of its minerals, our country has decided to build a mineral port at Pointe-Allemande, approximately 20 kilometers from Pointe-Noire.!!!!!

Faced with the challenges involved and the financial potential it represents for the State, the sector is working to strengthen its institutional framework, through the ongoing development of the new Mining Code.

We must intensify the development of the assets of this sector to give new impetus to the industrialization process of our country.

Full speech here.....which may need translating......

Message from His Excellency Mr. Denis Sassou N'Guesso, President of the Republic, Head of State, on the state of the Nation

https://www.adiac-congo.com/content/message-de-son-excellence-m-denis-sassou-nguesso-president-de-la-republique-chef-de-letat

A...couple of exerts. NOT A SINGLE MENTION OF ZANAGA !!!!!!

Re future of mining.....In light of their potential, mining industries could become levers of growth, providers of significant financial resources for our country.

The major integrative project for the development of the iron deposits of Nabemba in Congo and MBalam in Cameroon was the subject, last June in Ouesso, of fruitful exchanges between the two countries.

Rigorous monitoring and evaluation of this project will translate, in practice, our shared desire for sub-regional integration.

The implementation of the Mayoko - Moussondji iron deposit, for reserves estimated at 917 million tonnes, was relaunched with the reattribution of the operating permit to a new partner with solid experience in the field and presenting proven technical and financial guarantees.

The completion of this mining project should result in the creation of around 700 jobs.

But then we get this....."For the export of its minerals, our country has decided to build a mineral port at Pointe-Allemande, approximately 20 kilometers from Pointe-Noire.!!!!!

Faced with the challenges involved and the financial potential it represents for the State, the sector is working to strengthen its institutional framework, through the ongoing development of the new Mining Code.

We must intensify the development of the assets of this sector to give new impetus to the industrialization process of our country.

Full speech here.....which may need translating......

Message from His Excellency Mr. Denis Sassou N'Guesso, President of the Republic, Head of State, on the state of the Nation

https://www.adiac-congo.com/content/message-de-son-excellence-m-denis-sassou-nguesso-president-de-la-republique-chef-de-letat

Saudi PIF topping up the coffers and securing a few Billion....https://www.arabnews.com/node/2416521/business-economy

and look who is town today; wonder if he has any Vale reps with him??....https://www.arabnews.com/node/2416626/saudi-arabia

as usual.....alwayshoping

PIF topping up the coffers and securing a few Billion....https://www.arabnews.com/node/2416521/business-economy

and look who is town today; wonder if he has any Vale reps with him??....https://www.arabnews.com/node/2416626/saudi-arabia

as usual.....alwayshoping

Https://www.arabnews.com/node/2415176

And, as usual...alwayshoping.

Https://www.arabnews.com/node/2415176

Mitch...earlier this month....https://www.arabnews.com/node/2405881/business-economy

Hi Jiving....I am in ALMOST total agreement with your thoughts. However, I believe an "agreement" is already, and has been for sometime, in place with the Saudis/Manara Minerals and their chosen "partners", with the final agreed figure dependent upon the costings and savings figures to be released in due course. It is well documented that the info relating to the aim of Manara and Iron Ore in Africa. And then the recent announcement relating to "GAME CHANGING" news coming soon. What else could that really refer to other than Zanaga? Remember all the news released in recent months in relation to Saudi Vision 2030...new cities, The Line, world class holiday resorts, major sporting projects etc etc,but none exactly anywhere near being classed or described by them as "Game Changing"; and dont forget, that was a "HEADLINE quote" and not something tucked away in the press release at the time. Does anyone really believe that after all this time, the Saudis are going to be sitting on their backsides and allow some other party/consortium to jump in out of the blue and grab the "top prize"? As you have stated, we could receive such news literally any day now, allowing plenty of time for the deal to be well and truly all wrapped up by early 2024. Defintely in this case, as usual....alwayshoping.

Maybe a daft question, but what if there has been an agreed buy out price on the table for weeks, and the party/parties involved are now insisting the deal is completed NOW. Remember it was only last week that the Saudis announced that "Ground breaking news" was coming very soon. Maybe that was relating to ZIOC. If that was the case, would there still be need for an AGM. Technically, there would have to be a shareholders vote to agree to any deal, but dont Glencore , Elphick and a few others have a large enough percentage to get that part out of the way anyway.?/

As usual...alwayshoping.

Thanks for sharing 4kandles

Https://www.argaam.com/en/article/articledetail/id/1683926.

hopefully a good per centage of that to secure Zioc.

as usual...alwayshoping

Https://www.argaam.com/en/article/articledetail/id/1683926

MBS is going to spend 25 billion......lets not be greedy...he can have Zioc for 5 billion.....petty cash to him :-)

Https://www.argaam.com/en/article/articledetail/id/1683926

Https://www.argaam.com/en/article/articledetail/id/1683926

Summing up yesterdays meeting...Riyadh, Rabi’ al-Akhir 26, 1445 AH, corresponding to November 10, 2023 AD.

Today, the “Riyadh Declaration” statement was issued at the conclusion of the work of the Saudi-African Summit held in Riyadh. The following is its text:

“Riyadh Declaration”

(Map of Saudi-African Cooperation)

https://www.spa.gov.sa/N1995044 a very long read, but comments, copied below relating to mining,

"They welcomed the results of the high-level economic conference held on the sidelines of this summit, in which more than 50 agreements and memorandums of understanding were signed in many economic fields such as tourism, investment, finance, energy, renewable energy, mining, transportation and logistics services, agriculture, water, communications and information technology. A number of agreements were also signed in the social field, such as culture, human resources, social development, and sports. He called for strengthening Saudi-African partnerships in the fields of energy, mining, agriculture and food security, financing sustainable...."

Summing up yesterdays meeting...Riyadh, Rabi’ al-Akhir 26, 1445 AH, corresponding to November 10, 2023 AD.

Today, the “Riyadh Declaration” statement was issued at the conclusion of the work of the Saudi-African Summit held in Riyadh. The following is its text:

“Riyadh Declaration”

(Map of Saudi-African Cooperation)

https://www.spa.gov.sa/N1995044 a very long read, but comments, copied below relating to mining,

"They welcomed the results of the high-level economic conference held on the sidelines of this summit, in which more than 50 agreements and memorandums of understanding were signed in many economic fields such as tourism, investment, finance, energy, renewable energy, mining, transportation and logistics services, agriculture, water, communications and information technology. A number of agreements were also signed in the social field, such as culture, human resources, social development, and sports. He called for strengthening Saudi-African partnerships in the fields of energy, mining, agriculture and food security, financing sustainable...."

SolomonB....Politician/representative of the President of the Republic of the Congo arrives in Riyadh

Riyadh, Rabi’ Al-Akhir 26, 1445 AH, corresponding to November 10, 2023 AD, SPA

- The representative of His Excellency the President of the Republic of the Congo, His Excellency the Minister of Foreign Affairs, Jean-Claude Jacosso, and his accompanying delegation, arrived in Riyadh today, to participate in the Saudi-African Summit.

His Excellency was received at King Khalid International Airport by the head of the honorary mission, Ahmed bin Saleh Al-Shehri, the Ambassador and Permanent Representative of the Republic of the Congo to the African Union, Daniel Owassa, and a representative of the Royal Protocol.

// End // 03:04

T.M0015

What is interesting is the "speed and urgency" in recent weeks on all news/info released by ZIOC; the "imminent " announcement re discussions in lieu of unpaid shares, the immediate news of share issued to them within 48 hours, the earlier than be expected news of what the chinese partner had been doing; Shard very quickly disposing of all those shares, or as MM called it , "financial cleansing." The decks have been cleared ready for the action. AIMHO, I reckon a deal with the Saudis has already been done and dusted; remember, with the shares in lieu of salary being heavily discounted, Elphick and Co must surely have had a very good idea of what each share was going to be. And then yesterdays "headlines" !!! note..not just a one liner hidden in the report....Saudi Arabia signs $533m deals with Africa as PIF plans ‘game-changing’ announcements. The Saudis sound as if they are in a hurry!! Maybe, just maybe, we are going to get a very early bumper xmas present. As usual...alwayshoping.

And following on from the below, as MM has suggested in the recent past, this must surely be a "consortium" consisting of the Saudi,s PIF, our new Chinese pals, and Manara Minerals/Maaden. Whether Vale have been invited to the party or not, we will find out pretty soon I reckon. AIMHO, DYOR etc

What is interesting is the "speed and urgency" in recent weeks on all news/info released by ZIOC; the "imminent " announcement re discussions in lieu of unpaid shares, the immediate news of share issued to them within 48 hours, the earlier than be expected news of what the chinese partner had been doing; Shard very quickly disposing of all those shares, or as MM called it , "financial cleansing." The decks have been cleared ready for the action. AIMHO, I reckon a deal with the Saudis has already been done and dusted; remember, with the shares in lieu of salary being heavily discounted, Elphick and Co must surely have had a very good idea of what each share was going to be. And then yesterdays "headlines" !!! note..not just a one liner hidden in the report....Saudi Arabia signs $533m deals with Africa as PIF plans ‘game-changing’ announcements. The Saudis sound as if they are in a hurry!! Maybe, just maybe, we are going to get a very early bumper xmas present. As usual...alwayshoping.