The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
"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!
tuvok,
Rather than know why someone is not invested, I would honestly like to know why anyone would invest in CTEA?
I have been following this company since the Milestone days, through their claims to being a major blockchain player right up to their magnificent covid app failures. They have not landed a single meaningful contract in all that time. They are masters at dropping little hints through interviews and non-revenue producing agreements that something big is on the horizon. Then they leave it up to small time AIM investors to do the rest, knowing those investors don't have time or the knowledge to do detailed research.
Assuming you are one of the few that has in fact done their research, how about sharing why you think anyone should stay invested in CTEA?
I think Extrader has hit the nail on the head with his "change of dynamic" comment regarding Glencore.
Its been my view for a while that the only route forward Elphick and co see for Zanaga is to find a way to get Glencore out of the picture completely.
However even if they manage do do that, will it actually benefit us bearing in mind the complete lack of urgency within the country to assist in the development of any of their mineral assets. Iron ore, potash (KP2) etc.
The total lack of interest in buying the project from any of the large mining companies has to have a reason. Possibily Glencore's presence, or what they see as insurmountable problems within the country itself?
They already have the next scam in place - Digital ID.
The government will take years to discuss this, and you can guarantee that CTEA will claim they are involved with discussions with the government on it - when all they haved done is responded to an open invitation to anyone to comment on the theory.
Beware.
Thank you Extrader. That was actually far better and much clearer than a ZIOC RNS!
My view is that AT is as frustrated as the rest of us. - whether with Glencore, the Chinese, or just the general mining investment market in general. However we have to remember that, with his share awards, the success of ZIOC is most likely as life changing for AT as it would be for the rest of us.
Equally there will come a time without progress when he will no doubt sell his shares and just move on, as will most of us too.
As I have said before, I also think there is a reason for the silence, although I am not at all sure it has anything to with a potential sale unfortunately.
But what if Yantai Port Group and COIDIC arte not officially out of the picture, but are just not showing any urgency in their roles?
It takes both sides to move forward, and if one party is stalling, then there is not actually anything to RNS.
Hi Millerston,
We are long past the stage when interested parties would have to do their own costing exercise. ZIOC's were all done by reputable third party experts anyway.
The problem is, nobody appears interested in taking on the project. China, COIDIC, OZ, or Glencore. Why? Nobody really knows.
Extrader is correct though. If COIDIC or Yantai were totally out of the picture, shareholders should have been told. However if they have gone quiet and are showing little current interest, then probably not.
We are definitely missing a full and comprehensive update - and there has to be a reason for that in my view. Although I say again, I do not feel there is a potential buyer of ZIOC on the horizon.
Beware. Going forward, i will be rinse and repeat.
Now Guy has written off any contracts from Covid, he will start to drop hints about involvement with Digital ID. That will give him another two years or more of vague statements about potential that will bring the rampers back along again.
They have been doing it since the Milestine days, as several of us have been telling people for years. Unfortunately two or three posters who know the truth and have done their research will always be shouted down by the rampers.
I assume cesp, who only yesterday was plugging today's RNS as a milestone, will not be posting today?
I think the desired objective is purely financial - either a partner coming in with the finance to develope the mine, or an outright sale.
It is clear now that COIDIC are totally out of the picture, so we are back to square one really as regards a development partner. However I still feel there is something going on in the background that AT cannot talk about.
Personally I still think we need to get Glencore out of the picture completely. That to my mind is the only way this project will move forward.