Member Info for tomshare

Some lovely buying today indeed!

No worries mate. I'm trying to be refrained and keeping my feet on the ground but it is so difficult.

BRICS summit this week where Prseident Xi is meet Sassou.

IMF Monday.

SEZ Minister been in China and met with Exim.

http://sichuan.scol.com.cn/m/dwzw/201807/56382589.html

"Deng Xiaogang, deputy secretary of the Provincial Party committee, met with the Prime Minister of Congo Brazzaville Mouamba in his visit to Sichuan.

Mr. Mouamba thanked the friendship between China and the two countries and thanked the Chinese people for their strong support for the country's development and construction projects."

Yeh all very good but the last sentence underneath is key...

"Congo Brazzaville Special Economic Zone Minister Mokoki, Ambassador to China Ovasa also attended the meeting."

-------

So we now know RoC SEZ Minister Mokoki is currently in China!

Only going there for one reason IMO.

Thanks for that extrader. You've emphasised our points even more. I wholeheartedly agree with what you are saying about "conditional debt relief". You've really hit the nail on the head there. IMF need ROC to up their game and diversify away from oil and the NDP with the SEZ and mining port being integral to this. Also with the PM visiting China last week and having discussions with Exim Bank of China further enhances this. Very exciting times indeed for Zioc holders.

Ministerial Meeting July 20th 2018: “other projects undertaken to meet the challenge of DIVERSIFYING the economy, including the construction of the infrastructure necessary for the REALIZATION OF SPECIAL ECONOMIC ZONES and other industrial zones, should be integrated as a prerequisite.” http://www.adiac-congo.com/content/compte-rendu-du-conseil-des-ministres-du-vendredi-20-juillet-2018-86502

IMF bailout linked to mineral port. Diversification of the economy is key. The new port ensures this diversification from solely relying on oil. Last week we had the news regarding production contract for the Special Economic Zone including new port to be signed in September. IMF will want assurances this new mineral port will actually happen (financing agreed) before committing to debt bailout package. IMF executive board meeting July 30th. DYOR

Also this MinorMiner: Congo Brazzaville Prime Minister Clement Mouamba flew to Beijing on July 20th 2018 to meet with Chinese Vice President Wang Qishan. “accelerate the realization of the "Belt and Road" initiative” http://world.people.com.cn/n1/2018/0724/c1002-30165873.html

Hi Neil. The telling thing for me is that CLP stated in the RNS that they will not be bidding in the auction. Legally they can do this but have chosen not to. We need to ask why have they chosen to do this? If they were worried about land going for bare minimum then IMO they would be making a bid to make sure they can get their hands on it and it is not sold cheaply. Also, maybe they are not bidding on it as they know someone is making a decent offer. In 2014 we know there was a bid for the land. It was €20 million (€13 million to pay off debt and €7 million to CLP) Now we know debt is pretty much all paid off. Said interested company above were prepared to pay €20 million for it before. They could put a bid in for €7-10 million and be paying much lower than they were prepared to before. Also CLP happy as they will be getting more than minimum bid as stated in previous RNS. Alternatively CLP are not making a bid as they are confident that land will be reassigned to them prior to auction and can sell the land on their own terms to a buyer already lined up.

Thanks so much Max

Absolutely cracking RNS today. Real progress being made and FG is doing a sterling job. Sardinian villas still ours. All to play for and SP has been suppressed so much there is a long way to go for this to be a true value

Morning MinorMiner. Cracking find indeed there.

https://twitter.com/zanaga_iron_ore/status/1014807373398069249?s=21

My first post today not showing on mobile website but is on desktop.

Well worth a look.

Also this interesting tweet today as well: https://twitter.com/afrorailbus/status/1014617333002899456?s=21

A lot is going on behind closed doors and as we all know the port is thing that will get things moving here. As per recent RNS: "CURRENTLY ENGAGED in a dialogue with Chinese institutions on the financing of this significant port development." "have been informed that CRBC is engaged in discussions with Chinese funding institutions, particularly China EXIM Bank, in respect of the financing of the proposed new port development." ---------- From the China Communications Construction website. (Parent of CRBC) http://www.ccccltd.cn/news/gsyw/201806/t20180617_93057.html Talks about Wang Yang visit. But also interestingly.... "Liu Qitao, Party Secretary and Chairman of the China Construction and Construction Committee, accompanied the President of the Congo (Brazza), Sassou, Prime Minister Muamba, National Assembly Speaker Mvuba, and Senate President Ngoro, and presided over the China Congo Cooperation and exchange meeting between industrial and commercial entrepreneurs of the two countries." Port financing very soon imo

We have 10 villas, 4-6 bedroom.

A 4 bedroom property in this complex is listed for €1,286,000.

6 bedroom I am guessing will be around €1.7-2.0 million as a 3 bedroom in same complex is €730k.

Here are some photos in this link below. (The photos of the villas are not on the CLP website anymore but they were last year. I saved the photo of the swimming pool area and did a reverse google image search to find the name of the timeshare complex).

https://www.immobiliare.it/34538898-Vendita-Quadrilocale-nuovo-primo-piano-Arzachena.html?utm_source=trovit&utm_medium=aggregatori&utm_campaign=feed

Afternoon RKB.

Thanks for the post, very positive indeed.

I sent an email to PR and he said final results will be out today.

Morning MinorMiner. Yes I spoke to Mr Moungalla directly yesterday. For those that don't know him, he is Minister of Coominications and Media and also is the Congolese Government Spokesman. I congratulated him on the RoC finally getting the meeting with the IMF board of directors sorted. To get to the board of directors, lower level discussions have had to have been completed. External debt was a big thing that the IMF wanted the RoC to tackle. (Glencore/Trafigura and China). I believe these external debt nogotiations to have been competed already (hence IMF board of directors meeting). I wonder what Glencore and China could possibly want when they were restructuring their debt with RoC? Also diversification of the economy was another sticking point for the IMF. The mineral port (as discussed by previous IMF and World Bank communications) is the most important way in achieving this. Info is all out there folks. It takes time and many hours of research to piece things together but is well worth it to stay ahead of the game.