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Morning allthatguff. Very positive indeed! IMF board of directors to meet. "However, before it could submit a deal to the board, the delegation said Congo would need to fulfill conditions including making progress towards restructuring debt the Fund considered unsustainable." Looks like external debt has been restricted as well then!

Haha. Totally agree there MinorMiner.

It is also related to a general level of intelligence as well.

Read through my post earlier today and you will be able to see what developments have been going on.

Yes excellent news indeed MinorMinor. It will also unlock funds from the World Bank as well. Also other recent news hinting at financing for mineral port is upon us... ----------- 1) 25th June 2018 (Xinhua) "Denis Sassou-Nguesso, President of the Republic of Congo, said the ten cooperation projects proposed by China had been "RESPECTED AND HONOURED", while the cooperation between the Republic of Congo and China was a microcosm of this partnership." "According to official data, in March 2018, more than 90% of the financial support promised by China, whose volume is $ 60 billion, had been GRANTED or programmed. A large number of projects, including infrastructure, industrial parks, SPECIAL ECONOMIC ZONES and industrial production projects, have been commissioned." http://french.xinhuanet.com/2018-06/25/c_137279175.htm -------- 2) June 5th 2018 REPUBLIC OF CONGO: THANK YOU TO PETROLEUM AND CHINA! "The opening of a free zone in the region of Pointe-Noire, financed by China and SOON INAUGURATED at the China-Africa 2018 summit should promote the diversification of the economy around petrochemical, tourism and agro-food activities." "Ongoing negotiations with the IMF to allow the Congo to join a new program of the fund suggest a further improvement of the public accounts in 2018." http://www.leseco.ma/les-cahiers-des-eco/afrique/237-le-marche-de-semaine/67121-republique-du-congo-merci-au-petrole-et-a-la-chine.html --------- 3) June 14th 2018: CRBC Chairman Lu Shan with Congo Brazzaville Minister Jean Jacques Bouya, Chinese Ambassador Ma Fulin discussing financing of Pointe Noire Mineral Port. http://crbc.com/site/crbc/274/info/2018/46882202.html

Beat me to it MinorMiner.

25th June 2018 (Xinhua)

"Denis Sassou-Nguesso, President of the Republic of Congo, said the ten cooperation projects proposed by China had been "RESPECTED AND HONOURED", while the cooperation between the Republic of Congo and China was a microcosm of this partnership."

"According to official data, in March 2018, more than 90% of the financial support promised by China, whose volume is $ 60 billion, had been GRANTED or programmed. A large number of projects, including infrastructure, industrial parks, SPECIAL ECONOMIC ZONES and industrial production projects, have been commissioned."

http://french.xinhuanet.com/2018-06/25/c_137279175.htm

June 5th 2018: "The opening of a free zone in the region of Pointe-Noire, financed by China and SOON INAUGURATED at the China-Africa 2018 (September) summit should promote the diversification of the economy..." http://www.leseco.ma/les-cahiers-des-eco/afrique/237-le-marche-de-semaine/67121-republique-du-congo-merci-au-petrole-et-a-la-chine.html

Once financing is sorted then we'd see a nice uplift in SP for sure.

June 14th 2018: CRBC Chairman Lu Shan with Congo Brazzaville Minister Jean Jacques Bouya, Chinese Ambassador Ma Fulin discussing financing of Pointe Noire Mineral Port. http://crbc.com/site/crbc/274/info/2018/46882202.html "On June 13, Lu Shan, chairman of the company and party secretary, met with Ma Fulin, Chinese ambassador to Congo (Brazzaville), in Brazzaville. Chairman Lu Shan introduced the overall development of the company’s current overseas operations, and detailed the company's current development in the Congo (Brazzaville) market. At the same time, the company’s ongoing efforts to promote the Pointe Noire Mineral Port project and its next steps. Ambassador Ma Fulin expressed his gratitude to CRBC for supporting the work of the embassy during the visit of the Chairman of the National Committee of the Chinese People's Political Consultative Conference Wang Yang. Later he and the Chairman of the Board of Directors Lushan conducted in-depth discussions on the above POINTE NOIRE MINERAL PORT PROJECT such as planning, FINANCING, project progress, and expressed in-depth discussions. On June 14, Chairman Lu Shan met with Jean Jacques Bouya, minister of Congo's Ministry of Industry and Trade, in Brazzaville. Minister Bouya welcomed Chairman Lu Shan’s visit to Congo (Brazzaville). He then exchanged ideas and communicated with Chairman Lu Shan on the progress of various infrastructure construction and INVESTMENT PROJECTS SUCH AS THE POINTE NOIRE MINERAL PORT."

Next news shortly imo.

Good morning RKB. Yes I quite agree regarding calling the Bond Holder Meeting 6 months early. He is doing that now to keep playing poor before an influx of cash will be coming in to CLP (Mediapolis/Ondaland and so on in the short term )

No worries. I'm not ruling out anything though but it looks increasingly likely that slurry pipeline will be used for stage 1. Interesting that they are in discussions about this at the moment and looking to get that sorted. I can't wait for the test results to come out with some figures as that will give us a nice lift from here. EPP financing and we'll be laughing

Please note, the huge premiums I mentioned just now in my post just is my opinion. When I asked Trahar about EPP and grades he stated he can't comment on that at moment but there will be an update this month as promised.

I always say it, if you are unsure of your investment give Trahar a call. I have been speaking to him regularly for the past 6 months and had the pleasure of meeting him last week in Soho for 45 minutes. I am extremely happy with my investment here and added more again last week. Someone was saying that maybe the slurry pipeline will be put in to touch and instead go for the railway. EPP will use railway for sure, through Gabon as previously mentioned. The slurry pipeline however will happen and will happen at a huge discount to what was previously discussed. Zanaga are currently in discussions with the Chinese arm of an American company that is a world leader in slurry pipeline design and construction. Huge premiums expected on the pellets coupled with huge savings (as per last company update RNS and slurry pipeline discount) means this is such an easy hold for me here and will continue to top up at these prices when my funds allow. EPP news to be released including huge premiums for our pellets. Further discounts for stage 1. Game on.

Yes my thoughts exactly regarding the bond holder meeting. Get that sorted out and then we are game on with FG more inclined to show true value here.

Real bid keeps rising. Someone wants shares.

Personally I don't like to state share prices on here but I've based my investment decision on the following: 1) Mediapolis building licences independently valued at €35.6 million 2) Mediapolis land worth €1.5 million 3) 10 Sardinian Villas worth north of €15 million 4) Ondaland owing us in the region of €8 million (deal could be done where monies owed is reduced and we get more profits per year etc also expecting developments on this very soon) We are certainly very under valued here. Not to mention other litigations and investments either. For example Fortune Cookie £700k- £5 million. Sosushi as well 1.7 million. Bitcoin/cryptocurrency mining Possible ICO later in year. Add all of that up can see how the €60 million of tax credits is so useful for us. Also The Bank of New York (Nominees) Limited have a 12.71% holding here. They can certainly see the value here.

Bond holder meeting June 5th as we know. Very important for us. I'm expecting a deal to be made here. Need 75% of vote with Eufingest having 43.48% of vote already and I'm sure they have a few other votes in the bag as well. Convert bonds in to shares at something like 50% of value and at a premium to our SP is what I think will happen. Maybe FG has an ace up his sleeve with Ondaland and Mediapolis?? Maybe he has been dangling this same carrot recently too with small discounted placing on May 22nd and also issue of equity (May 30th) at a premium. I'm sorry but the way the markets are and with the May 22nd placing being at a small discount and also the May 30th being at a premium you don't get those deals done without showing anything. Mediapolis as we know is nearly done or already done. Ondaland new season started already (thanks for that info Max). Also Ondaland deal is done too IMO as Clp has a member on the board and also a majority shareholding there. I'm expecting an excellent week next week.

Hi Max. Cheers for that piece of info. Ondaland, Mediapolis and Sardinian villas as well as Minor One too look forward to in near term then!

Afternoon RKBeekeper. I hope you are well? Surely an update on Ondaland soon as well don't you think before the new season?