Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
You don't think that the CEO of GLEN (whose marketing/royalty agreement is likely its primary interest in ZIOC) would be interested in cultivating /mentoring a 'junior' fellow trading house ?
Or that Manara aspires to get involved throughout the entire chain - 'from the farm to the table', as the moderator put it?
Or that part of Manara's 'tradeable' offtake (ie the bit not required as its own feedstock) might come from a Zanaga producing in excess of the consortium members' own requirements ?
If you don't think this is interesting/potentially relevant to ZIOC, what sort of thing WOULD you consider substantive ?
Serious question!
...Which (Gary Nagle whereabouts) may segue neatly into the Manara Minerals thread that MM is running that touches on all things 'offtake' and an eventual MM trading arm a la GLEN or Trafigura....
Hmmm.
Hi ShrewdDude67,
I suspect/hope that ZIOC has now moved beyond the need for 'PR for PI's' (unlike Vision Blue, an assumption?) and AT (Corporate Development and IR Manager) can now best 'serve the cause' by saying nice generic things about the hosts and current state-of-play in the industry that leaves everyone feeling good...and encouraged to do deals.
I'm with Mitch 984, in that I imagine Marty and Jonny are mainly in the frame now, with Gary Valerius (CFO) and Colin Harris (Lead Technical Expert) getting into the nittty-gritty.
Which begs the question : did Gary Nagle eventually put in an appearance at FMF, was he conveniently nearby in case anything needed a top-level 'nudge'? DAK ?
GLA
Agreed, Jiving !
Then there's this link, from MM :
"Manara's ...management are looking around, finding different assets to buy or to partner with different countries."
https://www.reuters.com/world/middle-east/saudi-arabia-ups-mineral-resource-estimates-25-trillion-minister-2024-01-09/
.."Al-Khorayef has also said previously that the kingdom plans to move beyond exploration and extraction to processing and manufacturing.
"Saudi Arabia could be a good place for processing of different minerals where we see minerals being mined in Africa being processed here."
Indeed it could, Bandar !
The choreography - if it be such- is looking pretty good, IMO.
GLA
From your link...
.."Al-Khorayef has also said previously that the kingdom plans to move beyond exploration and extraction to processing and manufacturing.
"Saudi Arabia could be a good place for processing of different minerals where we see minerals being mined in Africa being processed here."
Indeed it could, Bandar !
" Sometimes it pays to post the reverse of what you are actually up to!"
Well, at least you're open about being intellectually dishonest. Some people are unintentional timewasters, who deserve our sympathy, deliberate ones don't.
You've joined a fairly exclusive club - posters I've bestirred myself to filter.
Good-bye.
It seems to me that dusterinmong is playing a hard game of 'Yes, but'..., when not trying to sow FUD.
I see no evidence of good faith and genuine enquiry.
Filtered as offering no'added value' (which is quite an achievement).
GLA
The FT is owned by Nikkei Inc
..” "[The] Nikkei is basically a PR machine for Japanese biz; it initially ignored the 2011 Olympus accounting scandal (which FT broke). Nikkei has also hardly covered the Takata airbag defect; almost no investigative work on that issue whatsoever. Nikkei is Japan Inc….”
Https://uk.advfn.com/stock-market/london/zanaga-iron-ore-ZIOC/share-news/Zanaga-Iron-Ore-Company-Ltd-Funding-Update-Subscription-Facility/92804334
https://www.futuremineralsforum.com/
HTH
.."there are many ways AZ can raise funds without CLNs or a placing 😉.."
Morton's fork :
(a) This statement is correct. Then why hasn't he? As it is , he's defaulted on his obligations to RTOP and SYME. If he has the ability, that suggests he lacks the willingness.
(b) This statement is incorrect. Then he can't raise funds . He has the willingness, but lacks the ability. SYME (and RTOP) are in a pickle.
Neither scenario looks good, (b) is marginally better.
AFAICS
.."You posted so heavy early this year during the drop, you stopped 27 March for 5 weeks WHY?.."
I sold a house in Spain on 15 March; went on a farewell celebratory 10-day walk in Portugal; drove back to UK with personal effects and dog; and took my son on a 2-week diving holiday in Egypt as a thank-you for his help in getting house fit for sale.
HTH
How scaleable is this business model if AZ and mates in SFE have to post a 15% cash margin on each transaction ?
...."the dedicated Stock Company will fund the WL Transaction through a combination of the secured ?8.5million bank debt from BBPM and ?1.5million of equity investment from the CH Trading Hub;
.."With reference to the CH Trading Hub, which is owned by Société Financière Européenne S.A. ("SFE"), it is worth noting that, as of today, Alessandro Zamboni, the CEO of SYME Group, has, along with a number of other investors, a personal non-controlling interest in SFE, with this entity acting as equity capital partner provider for the CH Trading Hub..."
If BBPM (or anyone else) signs up for 100M of IM, CH/SFE have to post 15M as security.
How 'scaleable' is that ? And what does that 15M cost - as interest cost or as opportunity cost ?
GLA