focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Looks as though Mick Davis is moving away from Iron Ore though:-
https://www.ft.com/content/dbeb8c0c-8bc0-431c-bd2d-d83bd2093d53
"Mick Davis, the former head of mining group Xstrata, has severed ties with Niron Metals, the investment vehicle he co-founded to develop a large iron-ore deposit in Guinea. ...."
Looks more and more to me as if Vision Blue and Mick Davis are AT's personal back up career-wise if Zioc collapses.
Just came across this. Not sure if it is good or bad for Zanaga.
In June 2021 Andrew Trahar formed a new UK company with Mick Davies - Vision Blue Advisors UK LLP:-
https://find-and-update.company-information.service.gov.uk/company/OC437944/officers
clearly associated with Mick Davies' main company, Vision Blue Resources:-
https://www.vision-blue.com/
which is looking for "strategic and high returning investments in clean energy related metal and mineral resource companies essential to the clean energy transition."
This might be positive for Zanaga, although I find it hard to believe Glencore will have anything to do with Mick Davies.
On the other hand, it may be AT forging a future for himself if Zioc bites the dust.
Any views from people more in the know about this field than me?
There might be some information on difficulties etc of progressing matters in the ROC to be gleaned from this KP2 webinar just announced:-
https://www.investegate.co.uk/kore-potash-plc--kp2-/rns/webinar-and-q-a--republic-of-congo/202110150700041564P/
While I fully agree this is an interesting development, and things seem to be lining up yet again, I will think we will make no progress until we get rid of Glencore.
Nobody will want to develope the mine while GLEN still want some distribution rights to the ore.
I hope I'm wrong of course!
It is my belief that Glencore have no interest in ZIOC, other than selling their interest if an acceptable offer comes along. They do not do green field, and that policy has not changed at all even with new people at the top. So they will not invest in the development of the mine.
The best path in my view for this project to move forward in a way that benefits shareholders is for Glencore to be taken out of the picture completely. So far, sadly, there are no signs of that happening.
" Ctea well positioned?"
Redapple. Please do your research before posting what can be called as ramping. Every country already has their own approved passport vaccine app, and CTEA are not involved with any of them - and never have been.
If you think that is wrong, post some evidence instead of vague rampings.
"Come back next year you’ll regret"
...and well before next year, you will be long gone - having sold at a loss and bailed out quietly. Just like the dozens of similar heavy rampers over the past two years.
Check back through the posts on this board and you will see similar non-factual ramp posts from names who are no longer around.
"I wouldn't believe anything that BlaimThrower writes."
Why? Whether he holds shares or not, he does post factual information.
Unlike many on here who are short term rampers who will be gone when they have made their 10%.
"So when he referred to hyperneph as silicon Valley superstars that was reasonable and based on technical data?"
Maqsood7 - you have made several posts attacking Blaim and supporting Zak Mir, but curiously have no comment on the above hugely valid point??
Everyone vaccinated already has a Health Passport. Its the NHS App.
Zero need from anyone or anywhere for the CTEA app, which is why they are no longer involved in that field.
"Why have you spent months on here constantly trying to convince everyone that KP2 and ZIOC are somehow related?
Is it some kind of cross ramp?"
Its hardly a ramp with the current situation of both companies being a long way off realising anything like their true value.
The similarities are that they are both in the same country, both sitting on a huge resource, both need signficant funding and/or a partner to get the resource out of the ground, and they both need the country to literally get their finger out and work towards the infrastructure needed for a route to maket.
The only major difference is that KP2 has been significantly diluted many times, whereas Zioc never has.
Seems to have been totally abandoned by Zioc, despite some promising costings some time ago.
Interesting that Kore Potash also moved away from their early production project towards all-or-nothing. I have a feeling Zioc have decided the same.
Although, with the total silence, none of us really have a clue.
I think its the lack of progress within the country on the infrastructure needed that makes the three years mentioned a possibility.
Lots of buyers for the ore of course, but its a method getting it out of the country that still is nowhere near resolved.
Does anyone know where AT is based now that some travel restrictions have been eased?
I think it was mentioned on here that he was based in Dubai for a while, then in New York. Is he back based in London?
Just looking for a clue as to what might be going on behind the scenes, if anything......
Hi Lynthip. Only a personal view, but there has never been any official confirmation of any serious interest from anyone in buying the project as a whole. In my view that is because of Glencore's presence.
Hopefully I am totally wrong!
So "space" is Guy's new buzzword- after "blockchain", "covid passport", and "digital ID".
I thought he might ride the digital ID ramp a bit longer, but "space" will do to bring in more small investors who do not know the history of CTEA and can't be bothered to do in depth research.
Guy is a master at this. He throws out a few morsels, and lets the AIM small traders and rampers do the rest.
I think Lynthip is correct. AT has been told not to formally comment or engage if at all possible. He did give a very thorough informal update to Extrader last month however.
There are things going on in the background, but not in my view anything to do with a sale of the project - which is really why we are all invested here.
I'm just not sure what more the BOD can do.
They can't sell the project if there is nobody interested in buying - and there have never to my knowledge been any serious interest from anyone in making an offer. Probably because of the presence of Glencore, and Glencore wanting to retain some distribution rights.
That leaves the BOD looking for investment partners, knowing Glencore have no interest in financing the development. The hope was investment would be kickstarted by COIDIC, but they have just about disappeared.
Add to all that a serious lack of progress within the country on the port development and all the associated projects, and the overall position is just stagnation - whatever the BOD do.
I suppose they could put the whole thing up for auction, but I'm not sure Glencore would agree to that - and I'm not sure either there would be any bidders. Not at a realistic price anyway.
Remember that, through his share options, this is probably a life changing situation for AT if he can bring this to a satisfactory conclusion. So he may well be just as frustrated as the rest of us!