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Driving - your post 13 Feb @ 17:16 potentially answers my question posted on the other board. Would you care to elaborate on your thoughts,

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My question, to which someone may wish to offer an answer..... Given its low capital entry credentials, how and why did Simandou ever jump the queue on Zanaga? Why now and not before?

Useful intelligence again on this board.

My question, to which someone may wish to offer an answer..... Given its low capital entry credentials, how and why did Simandou ever jump the queue on Zanaga? Why now and not before?

BOTS^ PROJECTS. Simple answer to that would be that Rio is not in control but now wants to be.

Begs the question, "commercially sensitive" to whom.... (Eden?)

What method did you use for making contact? The official phone number for AT did not seem to work when I tried it a couple of weeks ago, which does add a certain amount of frustration.

Company Directors are always confident, or they should be. Is there anything tangible you've seen or heard which justifies confidence after the recent RNS messing about

Didn't say I would be selling, but the point remains. It will reek of complete BS if the company cannot put out a meaningful update in the next one or.two trading sessions, just like it was intending to do by 11th Feb.

If that's right Minor Miner then I sincerely hope we will be hearing something official about this within the next 48 hours, or the share price will be on its knees, and rightly so. There can be no good reason for the company to remain tight lipped on the whole shebang. There is plenty which can be said to illustrate the nature of what is going on without betraying any confidentialities. This will be a big test for Zanaga's credibility.

Echo those thoughts completely ATG. We don't yet have £22m for the FEED process. That's the news we are all now waiting on to get this monster going!

My other query-

It seems generally forgotten from the general discussion that the company is investigating an early production project (EPP), So could this be the next bit of news now that the port MOU has been signed.

I am inclined towards Driving's speculation of an investment for the FEED phase at a significant discount to NPV. IMO that is the most likely route which fits with previous company pronouncements.

Question to the BB for those with better knowledge and memories than me!

Interims refer to ongoing work by Chinese EPC on optimising the Bankable FS 2024 through evaluation of proprietary Chinese owned iron ore processing technology. Is that BSL or something else? Only one mystery investor in BSL / approx 27% ?

And if so, are we in line for some new big cost savings?

"Naming of PSEI. One thought that occurs : if they have to disclose other working arrangements, esp 'their' revolutionary, cost-saving cold-process technology".

Naming of PSEI. One thought that occurs : if they have to disclose other working arrangements, esp 'their' revolutionary, cost-saving cold-process technology

Naming of PSEI. One thought that occurs : if they have to disclose other working arrangements, esp 'their' revolutionary, cost-saving cold-process technology

And which must account for relative political risk

I say rest easy and wait. It is likely to be the result of a small company working under current heavy demands and time pressure. ZIOC most certainly does not have money for running an expensive PR department. By my reckoning there will be executives behind the scenes working 15+ hour days to negotiate a life changing deal for both themselves and us.

You are a couple of years late for a 2p entry, that was when there was no positive news. You are a couple of months late for 4p. Buy in price now is 8p. 20-30p is a very reasonable expectation from here, in the immediate/short term, depending on what news is released before the investor event. AT's "tweet" indicates that it is definitely coming.

M&J you are talking like a novice, which makes you an expert trader / manipulator. Chapeau.

That's good news IMO. Big big project and stuff on the ground is clearly happening. Only a short delay. May I suggest a second round to the share price competition which asks PIs to offer their best guess of what the update holds? No more than two properly punctuated sentences.

When it comes round I expect there will be a lot to tell. Buying opportunity on its way?.

Nor I. I've concluded their hands must very full. The event itself is not the main focus of their thinking. It cannot be just an ordinary event

Https://miningindaba.com/agendas/conference-agenda/iron-ore-green-infrastructure-catapults-afric

https://x.com/MiningIndaba/status/1882115465692193126

https://m.youtube.com/watch?v=asBUBTbMNbc

Growing awareness of iron ore as an African critical element in sustainable development and nation building

(Julian Lee CEO of Binding Solutions Limited)

Prior to founding Binding Solutions he was financing and developing African resource companies and has matched his technology sector with his resource experience to build Binding Solutions. Julian studied law at Cambridge University

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https://www.mining.com/web/uk-start-up-ties-up-with-minres-to-cut-iron-ore-emissions/

Binding Solutions already has development agreements with 12 companies, including some of the largest iron ore and steel producers, Lee said, declining to name them due to confidentiality agreements.

MinRes provides mining services to iron ore producers in Australia, including BHP Group Ltd and Rio Tinto Ltd.

I've got an optimistic viewpoint on the content of the next news, including any news which might reveal a delay to the scheduling of the planned investor day. Overall the direction on what we have seen in RNS is significantly is +ve, and so on that basis, I've picked up a few more shares today.