Member Info for alwayshoping

Https://www.arabnews.com/node/2586525/business-economy

as usual....alwayshoping.

Starbright. You say..."The sunk costs are sunk. Posters saying they are irrelevant are 100% correct. All that matters are the prospective costs and revenues."

With respect, are you not contradicting yourself there. As Aberdeenman explained...the company has already spent around $400 million dollars proving up a percentage of the total mine, so that is $400 million less that any acquirer would have to find if they were starting work on a virgin site to reach the figures that we have today.

MM. I strongly believe that it is a nailed on certainty that under whatever guise they choose to use, the Saudi PIF/Maaden/Manara Minerals will be involved in some form or other and have been for some considerable time now. Also believe we will be getting another RNS fairly soon.

Time will tell.

As usual...alwayshoping.

Driving.... "Now until then(11 feb), is just noise(and hopefully an ever appreciating share price).."

I think that there will be more news before 11 Feb. Time will tell.

As usual.....alwayshoping.

Hi MM...Where do you stand re any Saudi involvement ??

Re chat about whether or not MK has achieved anything...these were my thoughts from several months ago....."RE: 'Poor' old Marty26 Oct 2024 16:06

MM ..MK has been working for Zioc since last December, and in all probabilities has only been paid expenses so far. AT and other staff were all awarded shares in lieu of salary several months ago if you recall. I should imagine that the board would have a pretty good idea of what the share price would be in the very near future, and therefore the appropriate salary to be received. MK has hopefully acquired either a buyer/buyers for a complete buy out, or alternatively strategic investor/investors. For every one billion GBPOUNDS he manages to achieve for ZIOC, his one million shares would be worth one million POUNDS, which equates to a salary/bonus/commission..whichever you prefer..of just one tenth of one per cent.... ie 0.1%, and absolute peanuts in the grand scheme of matters. Not too bad though for 9 months work. (I do recall in the past that some owners of gas and oil fields bring in "specialists" to buy or sell fields, and certainly they get many multiples in commission of the below % for getting the right deals done). PLUS the obvious fact that if we do get a complete buy out, then I think that we all believe that it should be at a price several multiples of just one billion. Time will tell, but I dont think that we have very long to wait now. Apologies now 1) if my maths are up the shoot, and 2) the above is all a load of tosh.

As usual....alwayshoping."

and still..for a little bit longer......alwayshoping.

F1DRIVER....Basically, any possible combinations of £1, £2, £5 notes are still on sale for around 8p .....but not for much longer.

AIMHO, DYOR etcetc but

as usual....alwayshoping

Jiving...still strongly believe the Saudis will be involved in Zanaga....and most likely already are, but still awaiting the final boxes to be ticked off.

Maybe this journalist is already aware with this quote within the below link ..."Through the newly established joint venture, Manara Minerals, another Saudi state-backed vehicle, is looking to secure stakes in Zambia’s copper mines and other countries."

https://ecfr.eu/publication/rules-of-entry-cooperative-pathways-for-europe-and-africa-on-critical-minerals/

as usual....alwayshoping

Mer....there is a thread on LSE that relates to Zanaga , whose shares are traded on AQUIS exchange, rather than AIM exchange here.

https://www.lse.co.uk/SharePrice.html?shareprice=ZIOC.GB.PL&share=Zanaga-Iron-Ore-Company-Limited

Hope that helps.

Several comments here which may or may not relate directly to Zanaga.

https://www.arabnews.com/node/2583302/business-economy

as usual.....alwayshoping

Several comments here which may or may not relate directly to Zanaga.

https://www.arabnews.com/node/2583302/business-economy

as usual.....alwayshoping

Mitch...totally agree.

As usual...alwayshoping

And "approves key growth strategies"

"The meeting concluded with the council making necessary decisions and recommendations on all discussed matters. The council’s recommendations and decisions are set to guide the country’s economic trajectory in the coming months.

https://www.arabnews.com/node/2581394/business-economy

as usual...alwayshoping

And "approves key growth strategies"

"The meeting concluded with the council making necessary decisions and recommendations on all discussed matters. The council’s recommendations and decisions are set to guide the country’s economic trajectory in the coming months.

https://www.arabnews.com/node/2581394/business-economy

as usual...alwayshoping

Hi Howard. I think you will find that the income received from oil is virtually the only real source of income that they receive to keep the country going and will be desperately needed for many years to come.

We will soon find out.

https://intpolicydigest.org/can-saudi-arabia-successfully-woo-africa/

as usual.....alwayshoping.

Meanwhile, it looks as if Manara Minerals are going to lose out /get outbid on this proposed deal.

https://www.miningweekly.com/article/mitsui-said-to-be-highest-bidder-for-first-quantums-stake-in-zambia-mines-2024-11-19

...regarding just how long it takes to get these sort of deals over the line.

https://tribune.com.pk/story/2511892/body-formed-for-reko-diq-deal

as usual.....alwayshoping.

Lets hope that this is where Dennis is heading for tomorrow, and maybe his signature will be required.

https://www.arabnews.com/node/2580811/business-economy

as usual......alwayshoping

Although the "date" at the top of the article states 2024, it appears that article refers to the "state of play" in the Congo as it was in Dec 2022; ie almost two years out of date. A lot of the issues/points raised in this article have since been attended to as a result of controls and requests from the IMF, hence the regular funding now being received from the IMF.

AIUI, DYOR etc etc