The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Not sure Marcus.
However I've been recently told that the port is not dependent on IMF meeting and will happen pre cursor to any IMF bailout deal.
The port will be officially signed off between September 2nd to 4th as I just said.
That's the big game changer here with EPP offtake to come as well.
Totally agree there MinorMiner. They will have still mills lining up around the block. And I don't just mean the European steel mill used for testing either. China has recently closed a great number of steel mills replacing them with ones designed to use high grade pellets. If Zanaga was far away from securing an offtake agreement we would have seen that in the RNS yesterday with them shouting from the rooftops. Short and sweet. EPP offtake and port agreement within 4 weeks and we are in the pounds.
Cold pelletisation already proved a success in the lab. I'm expecting further confirmation on larger scale very soon with another technical announcement. I would love an updated NPV too. I wonder what that is now? I suppose that could come with further cofirmation of technical work proving cold pelletisation works on a larger scale and add in recent further increasss to premiums of high quality iron ore.
Yes any technical announcement coming out in short term will hopefully show that they have cracked the cold pelletisation process on a larger scale. As we already know, the still mill has already expressed a commercial interest if things work. Time to sit back and watch this rocket SP wise.
With Zanaga increasing their tweets in recent days regarding the importance of quality in pricing sounds to me like a pre cursor to some news being released in relation to test results. IMO these results will blow the doors off.
What I also like from Riskisgood's excellent find is: "This project (Special Economic Zone including mineral port) is part of the components of the National Development Plan and will be accompanied by the Government." Here we have another mention of the National Development Plan once more. The very NDP that the IMF needs for RoC to diversify the economy. With the IMF meeting next week, we will also get more further in depth coverage of this and its importance. Again.... Focac meeting is Sept 2nd-4th where SEZ and mineral port will be officially signed. Again.... this port needs tenants and it won't be going ahead with a simple Letter of Intent from Zanaga stating they show interest. Cold pellet news to come too and also a possible updated investor presentation as well. -------- Please scroll down to Riskisgood's earlier post where he has found this excellent link http://www.adiac-congo.com/content/zone-economique-speciale-de-pointe-noire-le-congo-et-la-chine-signent-le-releve-des