Member Info for Kongolasse

Agreed.

Shame all the other options held by Kuenzel, O'brien and Damouni (of the 20Million) that were due to expire tomorrow were pushed out to 2028.

That could have helped even more now, rather than in 2028......

GL, GTA.

Thanks Aghmir.

These matters seem to require some international arbitration, and thats excactly whats comming Morocco's way.

The initiatives of the king, may God protect him, are excellent, but too late. He has, by the grace of God, been king for quite some time, and failed spectacularly at preventing this situation.

For the Kingdom of Morocco to be taken seriously as a reliable partner, they will need to step up.

Let's hope this is the moment.

GL, GTA.

With all this gloom and negativity I feel there must be something nice brewing behind the scenes...

I'm In. (well; dipping my toes in it, at a fraction of yesteryears larger positions)

It's been an orphaned project for too long. Let's see if the time has finally come.

Fingers crossed.

Worth about as much as Graham's credibility minus cashburn.

Shame.

Typical AIM.

Haha MrJinx. I've been a lurker for some time, but yes. fair point.

Maybe I need to reconsider my small holding if they really are having such a hard time figuring out dates and quarters....

GL, GTA.

"During this quarter" and "Within this quarter"

Mentioned twice in the RNS, once in quotes from CEO.

I can't imagine them being THAT sloppy considering the mess it's been to get this to progress.

My guess would be that they have got verbal confirmation on approval and are awaiting the formal documents, and thus taking the opportunity to vent the CFO news before turning the page on Monday/Tuesday.

It'd be amazing if it's a mistake.....

I fully expect confirmation WITHIN THIS QUARTER.

-My 2 cents of course.

GL, GTA.

It says twice "this quarter" in the RNS. This would be a bad time to be incompetent or careless with dates.

Looking forward to Monday!

Gl, GTA.

Well done Cevodniya.

I'd ask you to leave some for the rest of us, but I'm getting near to my limit too.

I think all that remains now (for those of us that are not day-traders) to muster up all the patience possible and hold back the urge to sell when this finally starts going mental.

I really hope for some conclusive news on the output quality(ies?) and some definitives around viable processing well before Christmas.

That should get things moving I'd expect.

GL, GTA.

Thanks beardozer. I was invested in Zioc almost 10 years, and am still checking in ocasionally to see if it's finally exploded into a 100p+ share. (I'm half expecting it to, but well aware of the complexities of Congo and infrastructure etc)

The sheer scale if Zanaga Iron is too big to be ignored forever, so just like Simandou it will have to take shape one day...

As for similarities with where I've ended up, what's been catching my recent attention to EEE is the almost unbelievable scale, (very good grades, infrastructure, transportation options, energy, roads, legislation etc etc. so almost jackpot in all the aspects that ZIOC is struggling with, but EEE does still need to be proven to be commercially viable (extractable). Ti and Ti oxides are extremely complex in terms of extractability and mineral compositions, so so far (just as ZIOC) the market does not believe it can be valued as commercial, and is lingering around 50M MCAP. (And it's AIM, and has a long history of challenges in previous licenses etc etc, so DYOR as always!)

Either way, I will be keeping an eye on ZIOC, and keep hoping for all you long suffering SH the day will come where it's re-valued to a decent fraction of NPV. If time/funds allow I'll be trying to dip my toes in here before that day.....

GL, GTA.

Beardozer, only since you're asking ;)

(full transparency; I'm now fully out of ZIOC after being a LTH having slowly sold out and re-invested in EEE.)

I'm not sure if it will match the profile you're looking for, but perhaps worth a closer look if not for the sheer potential scale and poss. upside?

I wish all ZIOC holders the best, on this long overdue project. -and apologies for bringing up other Co's here.

GL, GTA

Skint. I think the next significant boost would be for EEE to present the samples of output (at test tube scale). of the Primary ore tests, and hopefully the Secondary ore tests as it's likely the more important result.

If it's as good as expected ("Pigment grade, metal sponge grade") this should give a healthy boost if it can be confirmed.

We need to have someone publicly give it "the nod." for credibility and validation that this is "real".....

GL, GTA.

Well done Cevodniya.

That'll give you a pretty good average at almost 1% of shares in issue....

It would seem that you're now "balls deep" after all?

Mind me asking what % age this is of your portfolio? (curious as to how you see the risk/reward here vs need for spreading it with EZY and RR that I recall you said financed your early entry at the beginning of the year)

GL,

GTA.

Also noted the small but perhaps indicative change of .co.uk to .com

-GTA.

Hi ML, whilst I agree with the idea of a cross listing as potentially beneficial for various reasons such as a healthier ASX market with a lot more credibility than AIM, more relevant and savvy investors etc, and also bringing ownership closer to Australia, benefitting the perception of a local and locally owned company in the eyes of Aus Govt. All those are positives in my view.

The negative as SB himself has highlighed when asked recently is that it's a huge effort in terms of admin, management focus and cost to get this done, and at the moment all those are in extremely short supply as they are in a race against time with the next phases of testwork and drilling programmes. He ruled it out "for now" in the recent public comments, (but made it clear it was an option they were seriously considering as soon as practical).

My 2 cents, is that they are franticly trying to get output results that are strong enough (out of the test tubes), to be able to show the end product quality either behind closed doors to Industry majors, or to go publicly with it once it's a slam dunk...

I'd be curious to know if/what the end result of the titanite "primary Ore" was/will be?... I'm guessing the Anatase "secondary Ore" will take at least another 2 months to get clarity on, but I'm not clear on wether they're continuing with the Primary or switching over to Anatase only samples/work? (or the Mix of Primary/Secondary Ores that would also be expected just below the top few meters....)

Hopefully less than 2 monts, but hey.......patience is a virtue, as I try to tell my angry bank-manager....

GL, GTA.

Genghis15,

You are correct. This is also the FUD that Lovehandles was pushing in the beginning of the year. AIM companies are experts at pivoting from one awesome thing to the next without being able to deliver. GEO, and later EEE has done the same in the past, and the current MCAP is a direct result of that, the AIM market has an atrocious reputation, and it's well earned.

We all hope that now, finally EEE has found the motherlode and all the variables seem to be confirming one after one in our favour. (Location, jusrisdiction, water, power, energy, rail, road, workforce, climate, legislation, environmental, local support, land access, land leasing, healthy market, various products, Mineral grades, extractability(?), final product(?) etc

In the case of EEE of course, there is no way around the fact that processing routes are going to take time and require a substantial amount of testing at the levels and detail described in previous RNS and presentations. It's clear; they WILL need 6months(+?) to get proper answers to it.

However, SB will also need to be able to show what a final product will look like. He needs to show what comes out of the test tubes in order to prove it. The sooner he can do this, the sooner the majors will be all over this and the sooner the MCAP will multiply, and the sooner he can raise money without painful levels of dilution, and also have a minimum MCAP(=Credibility) when negotiating with the AUS Gov for Loans and Grants. at 50M Mcap you're not a credible party. At 500M+ you are. How does SB get there?

Key here is credibility, and for that they will need to show what the goods will/could look like. (In addition to the best processing routes and commercial considerations of course)

I'm very hopeful about the future of the company, but as SB said, they'll need to navigate the need for cash with the ability to show results, and order the priorities accordingly. "A narrow winding path"

Let's see, hopefully much more tangible news before the end of the year...

Fireworks for New Year?

GL, GTA.

Ghengis, you are correct that they'll need money to take this to the next phase of Demo Plant and infill drilling/JORCiness...

SB on the other hand is shrewd enough to know that.

The question then is; have they got the ability to show (beyond reasonable doubt) that this is viable and attractive?

They need to convince either one of the Majors (Tronox, Iluka, Glencore, Rio etc) or one of their possible customers (Dupont, Celanese, Chemours, Ineos?) or the AUS Govt.... or AIM punters....

I know where I'd put in my effort if I were him.

Let's hope he's got enough good samples and machines to churn out beautiful TiO2 lab results at the right particle sizes with a refractive index off the charts and a purity that makes the big boys fall over each other to get in on the action first.

I'm feeling lucky. Do you?

GL, GTA.

You gotta show some nuggets if you want people to believe there is gold in them hills....

Another great RNS, and another Meh" from the market.

Not very surprising to be fair, we've seen it time and time again on AIM.

I think it's clear that the time is nearing where SB needs to show physical proof of the end resulting material(s) of the lab tests to get this to the next stage.

Granted, it'll only be test tube scale, and not "25gal drums", but this is needed to get the market to believe this got legs.

Alternatively, Gerry needs to invite some of his pals from iluka, tronox, dupont, celanese and others to come and have a look at the lab output.

Until this happens I think we'll remain hopelessly undervalued. (which is ok, until we need fresh funds, or need to be taken seriously for grants or loans from AU Govt....)

GL, GTA

On average, shorting AIM companies is a no-brainer and very profitable business.

Hopefully they've made a big mistake researching EEE, but even the worst case for them (EEE skyrockets) will result in a handful of million in the red. It will be a rounding error for the account manager that signed it, let alone noticeable for the £6BN+ the company manages.

I wouldn't read anything into it. FWIW I hope they double up that short a few times over to make things interesting.....

GL, GTA.

Arthur,

For what it's worth I think the position of GSA has helped depress the SP recently, and will probably help boost it a bit if/when they buy back again. -Especially if they do it when it rises sharply after positive news. (help exacerbate lack of available shares to buy)

For the record, this is a pretty deep-pocketed hedge fund, so unlikely to be sweating over this tiny position (for them) whichever way it swings...even if the individual manager might look like a plonker if this goes to 100p+ :)

Gl, GTA.