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Keep being the village idiot if it makes you happy
Funny how you think Mitch is talking sense. He’s probably talking the most nonsense:
“Sadly there is still absolutely zero actual evidence that ZIOC are progressing anything at all as regards the mine's development or sale.”
A company like Glencore doesn’t hand over their 50% +1 share for fun..
Guffers, how much you lost on Krapz so far? Basically you sold your Zanaga shares, bought Krap, and now you’re worried about it getting rugged. Better find a way back in before annual results imho.. not financial advice btw…
AT would speak to anyone, it doesn’t matter about how many shares you own. He was always responsive on WhatsApp and would take calls. I had a chat with him one time and he said he was at a dinner but more than happy to talk about the project. How many IRs would do that? The last 12-18 months has been very different. And in all honesty it seems the project moved on to a board level discussions for some time.. and maybe more so to a CEO/Minister level discussion now. AT will be back for his piece of cake when the deal goes through. And we’ll have a lot to owe him as I’m sure he was keeping the project alive for a number of years
Extrader, you’re forgetting the EPP/DSO operations could run whilst Stage 1 infrastructure is being built. It’s already stated in RNSs that the EPP/DSO de-risks Stage 1 for any investor..
Have you forgotten that or are you purposely spouting nonsense?
Marcus, have you read the RNSs? Really quite simple..
The acquisition of Glencore Projects' shareholding in the Project is a key milestone for ZIOC's shareholders, demonstrating to third party investors that the Project is now represented by a single entity and management strategy. The Acquisition is value accretive to Shareholders and increases effective equity ownership of the Project by existing Shareholders, enhancing their look-through ownership of the Project and securing control of the Project without paying any premium for such interest..
demonstrating to third party investors that the Project is now represented by a single entity and management strategy..
third party investors..
What would make more sense is that EUA own some land, there's a plot of land adjacent to EUA's land, multiple buyers already looking at EUA's land. EUA think to themselves; if they had some sort of access to the new plot of land, maybe the company would be more desirable to said buyers.. so although they don't 'own' this new plot of land, having the access is good enough, and makes the company extremely desirable to any buyer.
104Moz platinum equivalent.. surely that’s $100b+!?
This bit sounds like this isn’t the only deal in the pipeline:
we look forward to working with Rosgeo, a global company with renowned proficient technical capabilities and the best partner we could have in Russia, as we are making progress on the strategic options available to the Company.
Sounds like there is still more news to come..
This news is massive