RE: 2 week anniversary coming up at 14:5516 Jan 2025 18:27
I like MM's summary on the RNS, dated 3 Jan at 08.02. As mentioned key word is briefing.
Yesterday's RNS in plain speak:
ZIOC intends to update to shareholders on the strategic partner process and further info on Zanaga development plans. As a result shareholders will be briefed in London this 11th Feb.
Some observations:
1. The Company released this RNS within the first trading day of the new year. They didn't even wait until their usual 7am slot of this morning, suggesting some urgency.
2. Progressing the project now means money and commitments and, this being so, the Strategics must come out of the shadows and our relationships become open.
3. The Strategics are global names with their own specific corporate agendas and timings. Thus ZIOC must be in synch and agreement with their schedules. Yesterday's RNS must be under approval and coordinated.
4. The intention is to detail the 'strategic partner process' and **THEN** brief shareholders. Logic implies that there will have been coordinated announcements from ZIOC and the Strategics prior to the 11th Feb.
5. Zanaga is of such size, grade and industry impact (both market and corporate) that development news and Strategic involvement will make a significant splash in the media.
6. ZIOC will want to put their own guidance and even spin on the media splash, hence 11th Feb event.
Finally, the 11th Feb is a 'briefing'. Key word. Not inform or notify or announce. A 'briefing' is defined as information that is given to aid decision making before an event or action.
> This implies to me that ZIOC shareholders are to be briefed on the strategic process before they are asked to do something........i.e. VOTE.