Starbright
https://www.lse.co.uk/rns/ZIOC/acquisition-of-100-of-zanaga-iron-ore-project-b1vcll71qsaa4z6.html
Https://www.londonindaba.com/delegates/2023-agenda-26-27-june-2023
Everyone wants a piece!!
Impossible for world to go green without African resources, London Indaba hears
https://twitter.com/miningweekly/status/1673329817544978444?s=46&t=WB1a9vr5WSXflxB82H_rrw
Too hard to quantify Wozza.
It would mean ZIOC keeping a portion back for a free carry on a mine that could generate $3bn-$4.5bn p.a.
I’m pretty sure that we’ll get bought out lock, stock and barrel. No point for new owners to give us hundreds of millions per year for not doing anything.
Looks like the end game is fast approaching!!!
Https://www.nytimes.com/2023/06/16/business/dealbook/saudi-paris-deals.html
Intraday RNS anyone.
Denis has arrived in Paris, still in the Saudi’s princes jet!!!
https://twitter.com/pr_congo/status/1671468650962755584?s=46&t=m-zwll2CYE5lgdo8ksjFVg
I remember Aberdeen from AMC when it went from 10p to 44p in less than 2 months!!
I’m sure if we dissected everyone’s share decisions, mine included, there’s duffers in there.
Just do your research and enjoy the winners!!
ZIOC is one of them!!
MM’s post on Friday on the other board.
Thanks Jiving.
It appears to me that all parties might well have been working to a 6-month timescale.
President Nguesso has been magic carpeted across Africa this past week, and finally airlifted into Dubai by the Saudi Prince's super luxurious 777LR. The President passed up the AU trip to Kiev and St Petersberg, alongside Ramaphosa and others, to make it to Dubai.
If you ask me the Saudis loaned him the jet to make sure that he ended up in the right place at the right time!
Back in April Nguesso's son revealed on his LinkedIn that the President would sign the AD Ports concession for Pointe Noire ports (plural) 'when next in the UAE'.
Well - that's now, curtesy of that $500m Saudi royal jet.
The president of the UAE and emir of Abu Dhabi, MBZ, is expected back in Abu Dhabi this Sunday, and AD Ports offices will be open on Monday morning......Let's see.
Not long to find out Driving.
I think we are well on our way and the last 6 months since the Glencore share transaction has given ample time for all parties to put something together, just waiting on port sign off!!
GLA Holders