Member Info for Mattradio

AT has left the building ages ago.

https://www.bloomberg.com/news/articles/2022-05-05/congo-plans-oil-bonds-to-refinance-glencore-trafigura-loans

Not directly related to ZIOC but it shows that deals are being made between R.O.C. and Glencore.

https://www.evraz.com/en/news-and-media/press-releases-and-news/ilya-shirokobrod-to-become-ceo-of-raspadskaya-coal-company/

Read carefully…

The notice says the PRICE ADJUSTMENT will be reversed. It doesn’t say the demerger will be reversed.

Oh well…

Good luck all.

https://research.ftserussell.com/products/index-notices/home/getnotice/?id=2603553

https://www.reuters.com/breakingviews/glencore-ceos-top-ma-pick-is-glencore-2021-10-15/

http://zes.gouv.cg/fr/reunion-technique-du-10-septembre-2021-par-visio-conf%C3%A9rence

Google translate is your friend…In short, Cad fund confirms COIDIC withdrawal from the Pointe Noire economic zone project and introduces China Baowu as a new potential developer and investor…

Good morning 99ice / all
I can’t see my previous post and your reply.. hum
Regarding the Mayoko / Thelo DB project I read this:

‘’The company has a long-term production target of 150 million tonnes per year and, has entered into an off-take agreement with Glencore in relation to the iron ...’’
(Railwaysafrica.com article)

Paul Obambi has tried to sell the ore from Mayoko to Glencore in the past, as reported on a couple of ‘Jeune Afrique’ articles.

Let’s wait and see…

Ps: I have been invested here for many years, with a sizeable holding.
I read a lot, post very little .

ATB. Mattradio

https://www.railwaysafrica.com/news/sapro-mayoko-sa-thelo-db-sign-agreement-sapro-mayoko-railway-project-republic-of-congo

Offtake agreement with Sapro Mayoko as well…(can only see the headline on Google - Behind paywall again Grrr…)

What about Zioc, then ?

https://www.mining-journal.com/bulks/news/1403850/soaring-iron-ore-re-awakens-dormant-congo-project
Glencore named as an offtaker…But I thought Congo mining had also lost their licence recently…
Article from February 2021 - behind paywall.

It will be on April 8th. Lucky number in China...