RE: Zanaga Iron Ore Company Limited (ZIOC)20 May 2026 16:22
It is not impossible to believe those behind RAM, or a bigger entity in the queue behind it, might be waiting in the wings, and who will perhaps now think it's cleaner to bid outright given all the regulatory concerns. There has to be more to the picture than we have seen, or else why risk $25m + $125m on a whim, albeit tranche 2 is purely an option.