Member Info for marcusg71

From MM on the other board.

We've just seen 10.45m shares change hand in 2 minutes, all at 6.50p. Furthermore we have had over 1m of delayed reports today. So close on one whole 12m tranche of Shard's 3 tranches. By the back of my envelope I already reckoned we are close on completing Tranche 1 of 12m and, if so, this would mean that we have just seen tranche 2.

Clearly this was all a pre-packaged deal - the brokers stalled the positivity this morning just below 9.00p and then walked the SP down to 6.5p for these transfers.

(Incidentally the 10.45m would put $800,000 in ZIOC's coffers).

If all of this is the actual case then we would expect an RNS to confirm.(Tranche 3 is discretionary, AFAICR).

Finally, and if so again, then today's new Investor Presentation could well be considered a type of 'cleansing statement' and one which presages hard, development news. We shall see, of course.

Look at the volume!!!

Good buying opportunities for new and existing PI’s.

I’m looking forward to the next few months content with my holding and the direction the company is going in.

The share price will be a lot higher by Christmas 🎅

Under starters orders!! 🏇🏻

Great work Alwayshoping.

Could be a very interesting week ahead!! 🤩

Sorry cj I should have said

https://www.lse.co.uk/ShareChat.html?ShareTicker=ZIOC.GB.PL&share=Zanaga-Iron-Ore-Company-Limited

Good Sunday morning read over on the other board courtesy of MM

Hi Driving

Any idea of the date the report was done?

Thanks

There’s also the Iron ore DR-grade pellet premium. Not sure what it currently is but have seen it anywhere between $30t - $60t

Not sure why the word ‘south’ is in there. Damn phone

I just asked for their comments on the Zanaga mine and its potential to produce high grade Fe together with planned infrastructure south as the MOU with AD Ports.

So a nice easy question, trying to get some interaction but there was nothing forthcoming.

They didn’t answer my question on Zanaga

I watched, nothing that’s not already been shared on the boards.

Still no one is talking about new projects for high grade FE.

2% of the company?? Seriously??

His keyboard at ZIOC must be broken, there has been zero IR for at least two years plus he’s working another job. Also never answers his blower.

Mayoko EPCToday 15:38

For some time now I've been wondering if and when we would see signs that Mayoko was going to be developed. Some 100kms closer to the coast, Mayoko would benefit hugely from infrastructure deals being put together for Zanaga development. It also sits at the top of the railway spur from Pointe Noire into Gabon which has been the subject of much renovation speculation.

In fact ZIOC detailed this in the RNS of 30th September 2022:

'Significant engagement underway with other mining project developers in RoC to explore potential collaboration opportunities, especially in relation to logistics solutions and alternatives for upgrades to existing infrastructure.'

Now, courtesy of the Praetor find, we read that (google translation from Chinese):

'At the meeting, each participating company introduced the company's situation in detail, and Chairman Ding of China-Africa Mining Group introduced the specific situation of the project. The Hunan Energy International Cooperation Industry Alliance signed a framework cooperation agreement with the China-Africa Mining Group (CCCM) Congo-Brazzaville iron ore project. The two parties will carry out resource development, railway construction, port construction, and other civil engineering and supporting construction of the Congo-Brazzaville iron ore project. Carry out comprehensive cooperation in other aspects.

Chairman Zeng said that the Congo-Brazzaville iron ore project is a long-term, century-old project with a high site. The enterprises in the Hunan Energy International Cooperation Industry Alliance have strong strength and rich experience in overseas projects. They can implement difficult and key projects in various fields such as energy and construction. The alliance will implement the cooperation agreement as soon as possible, send a professional team to conduct on-site investigations as soon as possible, and formulate specific implementation plans and advancement speed.'

****

It could well be that we have just sighted an EPC consortium being put together for Mayoko's development and, if so, then that would be a huge tell that Zanaga really is on the launch pad.

Great article alwayshoping. Lays out future requirements and gap of around 200mt of high-grade ore supply by 2050.

I’m still adding down here, I expect it to fly past the 18p yearly highs this quarter once we have the EPC costings out.

They could come any day now!!

Zanaga could feed a green steel plant at Pointe Noire (initially utilising the huge amounts of Nat Gas coming ashore). Such a plant could provide steel up and down the N-S corridor and across to Mombassa in the East.

Other meetings taking place.

From MM on the other board

President Ruto reveals the plan to extend SGR across Africa to Congo-Brazzaville.

President Ruto reveals the Standard Gauge Railway (SGR) will be extended from Naivasha to Congo Brazzaville.

He spoke in Beijing during an address to the Kenya-China Investment Forum on Tuesday.

https://twitter.com/siasaZaKenyaTv/status/1714298654779969727

Make no mistake, development is coming.