That 1% eventual royalty is not to be sniffed at.23 Feb 2026 09:01
I think Pi should look again at this deal. In a new light.
"In light of the changes in the world's economy, and the growing demand for low-carbon steel production, the Zanaga Project is well-placed to become one of the largest producers of high grade premium pellet feed iron ore".
This could be a big earner and you have got a big board and major supporters now taking this forward. You got some of the largest Big Shots on the planet behing this.
I think this could work out as a good deal for Pi, and remember that these funders themselves as approximately 28% holders have agreed to take the same 1% royalty.
I expect the share price to eventually be valued at anwhere between 11 - 22 Pence. or more. So plenty of good upside.