Member Info for DrRemington

Madness how its ended up so low after announcing the talks with COIDAC, approach from Fortescue and development at Pointe Noire. See how low it goes.

Whose to say they aren’t all over it, it was confirmed they had made inquiries. Personally I think the talks with COIDAC will have made the big fish aware that this is likely going to the Chinese. Time will tell, certainly things are starting to progress in Pointe Noire. Also as someone previously stated, you’d expect the government of wanting this up and running as soon as possible and a deal to be done as 10% is huge for the country.

Same here. Hopefully it stays low for a month or 2 so I can add more. Seems like things are actually starting to happen in CB though.

https://www.bollore-ports.com/en/worldwide-network/africa/port-of-pointe-noire-congo.html

Corrected sir. Specifically mentions Iron Ore and Asia.

https://www.alwihdainfo.com/Congo-le-port-de-Pointe-Noire-se-dotera-bientot-de-nouveaux-quais_a82574.amp.html?__twitter_impression=true

Its 10% of nothing in your terms Simon, as you state they are going to get eaten up for nothing and also you are not invested. Enjoy

As if Simon, you are deluded now you have sold out. There are several multimillionaires on the board, a million or two will last years.

Is your prediction of 2/6 bill for the total buyout including Glencores half? Imagine a suspension for sealed bids. That would be nerve racking. It’s certainly getting to a point where huge news could come at any given time. What I’d give to be a fly on the wall in there meetings with COIDIC etc.

It sounds crazy saying it now sitting at 6p, but several £ per share is very reasonable in comparison to Simandou. The BOD and Glencore surely have set a bench mark for a total buyout, which will be based on Simandou’s sale price. Even £10 per could be possible realistically. Even 10 fold from here would be real nice, but also not enough from the eyes of the BOD.

Progressing in the Congo.

Zanaga Iron Ore
@Zanaga_Iron_Ore
·
38m
Great to catch up with
@brrmedia
at the Mining Indaba. Positive sector outlook and excellent meetings with technical partners and the Congolese delegation https://brrmedia.co.uk/broadcasts/5e3c012d397af40afa52b486/zanaga-iron-ore-video-update…
#ZIOC #zanaga #china #RepofCongo #ironore #steel

AT seems to be more active on Twitter now.

Good to hear work is starting on the SEZ. Just done final top up until after April.

I think rather substantial news will be coming sooner rather than personally. Going to add more this week then, that’s me to the max until April arrives again.

As there is a fairly little amount of shares available I think the majority are now in the hands of people who are willing to sit on them until something substantial happens. 2020 will be a big year of ZIOC.

I don’t think anyone can explain the decline in SP, most likely uncertainty in regards to the funds they have left. I personally think things are coming together very nicely, I too wish I’d waited and invested now but a few pence here and there won’t make that much of a difference if there’s a buyout or JV. I’m hoping to top up the ISA this coming week. According to Zioc twitter which is handled by AT, thins are sounding positive, the risk vs reward is worth a tie dip for any man. Goooood luck all

Asian Ebola. Far from the end of the world trade.

It is actually pandemic now. China will get through it, they are a huge diverse nation, nothing will slow them down.

Simon the point your missing in regards to funding is there’s directors on the board who are multi millionaires who can easily give directors loans. They also own huge amounts of shares... These men are not going to let the company be bled dry then swallowed Up or sold on the cheap.

Who are the big boys you speak of? You mean the companies some of our BOD left to join Zanaga? Keep your pittance in the bank n get back off your dinner break.