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After hours announcing the travel arrangements...

Yep set for a very good last hour or so... a big buy in the system???

I don’t think they’d want to raise the subject as it may put ideas in their heads!!!

Iron ore... not coal!!! Apologies folks!!!

Thanks for your posts recently extrader... they make for interesting reading... as much as the Australians and others I read about are confident that China would never stop coal imports... well I think there is every possibility that could happen! When they’ve secured there own ore pipeline, be it Zanaga or whom ever, they will cut all ties. Maybe not too long to wait!! Could think of weirder things that could happen at the moment!!!

I can’t see any arguing at the signing... hugely embarrassing all round!!! After waiting so long they’d just want to get it done and exit the building!!!

So... something to ponder over the weekend folks... this is an avenue that I haven’t really thought a great deal about but...
What if it’s clear over the next couple of weeks that further, global, lock downs are inevitable and that the loss of revenue could affect the local economy further... what if the signing ‘ceremony’ just gets postponed and that the PSC is just extended to keep progress moving! A bolt out of the blue!!! I would imagine Kola and others are exerting a certain amount of pressure! This could be a real game changer!!!
Anyway back to the rugby!

Yeah I’ve just watched the interview and loved it. I loved the way he looked completely ****ed off... in a nice way... showing his frustration. I loved the fact he knows it’s a complete waste of time but that’s what the authorities want... I also loved the fact he knows everything is lined up in the background... permits will be applied for on the day of signing!!! And most of all ladies and gentlemen I absolutely loved the fact the drill set and and process is going to be cheaper... now I reckon they have negotiated a 15 or maybe 17% discount. That to us and the Nigerians is bloody massive!!! Tell me what’s not to like!!!

I disagree... I don’t think it’s about brown envelopes... this is about power and authority. One lot saying to the other... we’re the fakin daddies and you will do as you’re told... this is as much about governance and marketing. Pictures, press and political ratings!! They couldn’t care less about anything else!!!

Thanks R Dunc for posting the link... I’ve been busy out and about today and completely missed it!!!
Clearly Arts a bit frustrated that there is a blocker in the way... I think a couple of them have said that they’re not prepared to waste a week isolating after the visit... that’s fine by me. Again restrictions maybe lifted or air bridges established. Not if but when... I think the next RNS will be a biggy... when Art announces travel arrangements have been made for the signing ceremony we will boom! I don’t often use that 4 letter word but I really think we will... flights are already opening up so it won’t be too long!!! The travel nod is as good as the signature!!!

Longlad... I made a comment on a Twitter group this morning that Zioc for me is a sleeper. I’ve not sold a bean and hold a significant amount. I’ve been building for a couple of years now... despite the ‘noise’ I hear about deadlines, Covid, rumours and conjecture... the facts still remain:
1. Zanaga is absolutely massive and will at some point be developed. It’s too large and demand is significant
2. China need and want high grade iron ore
3. ROC have and will continue to support Zanaga’s development
4. Urgh that’s it... only 3 needed.
Do I think the share price will rise as friends get in on it... no idea and not bothered. AT has always been as straight as they come. Very professional and determined to see this through. Let’s not forget he and other BOD members are heavily financially incentivised to see this through to completion.
The interview earlier this week coincided with the AGM... no coincidence for me...
happy to keep buying at 5p
Have a good day all

Evening all
GGG. AT said we had £500k in the bank.., that should keep us in bread a water for at least £18mnths at the current burn rate.
So what did I think of the interview? Well no new news as such. It was more the emphasis, for the first time I may add, that AT has been specific about courting Chinese investors, partners. My gut tells me the recosting exercise is complete and will be presented in or around the AGM over the next few weeks. There was no real need to carry out the interview now. It was a catalyst for what is coming over the next few weeks. Slurry pipeline, SEZ etc is all noise... The prospective purchaser knows exactly what the ore is worth, they will know, within a margin of 15%, what the infrastructure costs are... I don’t think it’s gonna take long for a joint venture to be agreed. China will not want to risk losing Zanaga and or delaying the securing of a high yielding top quality product...

Hey Shaa. So what’s with the code 9? I don’t really do these trading codes. I generally stick to voodoo and tea leaves... a much more reliable source of nonsense...

Shameful DT. Another huge buying week coming up... you’re become a predictable bore! But then you know that...

Yep nice post gas... Sit back and wait...

Tiburn. I think it will be a 7am UK time RNS. Tomorrow? It would make sense.... I'm enjoying how this one plays out...

Ha... Yep can't buy a bean... tried several times to buy, £1-10k... Not happening... Nothing left in the pot for them... It does bode well for a tremendous gap up...

I’d take 50% today and sit at .45 for a couple of days...

Morning
I think we will see some more aggressive buying again today... the chances of an intra day update is high and therefore little opportunity to wait this out. We should be around the 0.5-0.6 range pre PSC...

Absolute scum… Makes my p*ss boil...