Member Info for Veteran10

You're up early ET! All very interesting stuff. I do find it reassuring that things are happening. Hoping for specific ZIOC news next!

ZPMC products have entered into 106 countries and regions all over the world. There are eight main types of products: Firstly, supply of large-scale port container machinery and bulk material handling machinery for ore and coal.

Https://en.portnews.ru/news/367744/

AD Ports Group has agreed to award Shanghai Zhenhua Heavy Industries Co. Ltd (“ZPMC”) contracts worth over AED 420 million, to supply six ship-to-shore (STS) cranes, and 17 hybrid rubber tyred gantry (RTG) cranes, to be deployed at its terminal projects in New East Mole Terminal in Pointe Noire - Republic of the Congo, and Noatum Ports, Luanda Terminal in Angola, according to the company's release.

This move comes within the framework of AD Ports Group’s 30-year concession agreement to develop and operate a multipurpose terminal in Pointe Noire Port in the Republic of the Congo; in addition to the 20-year concession agreement to modernize and operate the Luanda Terminal in Angola.

These agreements are in-line with AD Ports Group’s strategy for advanced development within emerging markets for mutual and sustainable economic growth.

Under the awarded contracts, the Pointe Noire, and Luanda terminals will each receive three Super Post-Panamax STS cranes, which are able to reach 21 container rows, a distance of 60 meters. On the other hand, the Pointe Noire will receive nine hybrid RTGs, while Luanda terminal will receive eight hybrid RTGs. The hybrid RTGs can save up to 60% diesel in comparison to the traditional diesel RTGs which equivalent to one million liters per year and approximately 5,000 tonnes of CO2 emissions.

In June 2023, AD Ports Group signed a 30-year concession agreement with the Government of the Republic of the Congo for the management and operation of the multipurpose New East Mole Terminal in Pointe-Noire. With an estimated US$ 500 million to be invested over the duration of the concession, the terminal is set to handle container, general cargo, breakbulk and various other types of cargo.

Twat Towers ? Only joking Bear. Enjoy the wine 🍷

Biden blocking the US Steel sale could be good news for us. Japan need iron ore and now Nippon may have a few billion to invest.

I am looking out for port news too. It has been very quiet on that front since 2023.

Thanks ET, very interesting. I would assume back in 2014 RoC was seen as even more high risk than now but they still listed at 156p. Encouraging to look at it from that angle.

It's not so much Marty bashing but there a couple of things I noted.

1p exercise price is very low, the options issued to the rest of the current management team were a 7.5p exercise price going by memory.

500k can be exercised now, the rest after 1st November so I guess no full buy out is now possible until after then.

We were told Q1 for a strategic partner. It hasn't happened and like it or not the share price is very poor and some of this is due to poor interviews by MK AND also ZIOC not convincing the wider market that this mine will be developed. So for me, I am not sure 1p options should have been awarded at this point.

On a wider note I can see the appetite for high grade irom ore is strong and surely someone will want to secure Zanaga but it is really dragging on now. Fitch have just keep RoC rated at CCC+ which isn't great. Simandou went ahead because it is in a more stable country. This is really hard to call, I have everything crossed and I am not trying to bash the share price or MK, I just want to see shareholders rewarded as well. We don't get 1p options!

Options one week and transformational news the next? Would that not look a bit blatant?

Barely a £30m market cap now. Either this is the most undervalued share on AIM or we are all mugs thinking this will ever progress.

Lol my mistake sorry. I blame zioc for driving me crazy.

Reward for failure. Who is the management person who left the company? Q4 starts Sunday. Strategic partner Q1 bs seems a long time ago.

Ok, so I am 42. Some way off the old folks' home I hope. The iron ore price is relevant, I agree high grade is worth more and maybe the Japanese or Saudis might take a long term view. However if Simandou comes on board and the iron ore price stays low then that can't be positive for Zanaga. I just personally feel much less confident a deal will happen this year now.

And the iron ore price is collapsing. Management have screwed up again by sitting on their hands.

Any deal offered should be taken now. Knauth is the biggest dud of all. He has had a negative impact on the share price and sentiment. I would take a 20p takeover tomorrow. People will argue it is worth 200p plus but this management team have achieved almost nothing on 14 years other than to go around in circles. Mpox cases are now being confirmed in RoC a

We are only this low due to Knauth and his atrocious interviews followed up by Elphick buying some cheap shares for himself. It's a bit of a mess at the moment. I wouldn't like to guess what the next news will be. Hopefully any sort of full buyout to put us all out of our misery. Very fed up. The only thing I can say is they are keeping a close lid on any developments unless there aren't any!

Encouraging.

Just scrolling down to see how long that article is has made me lose the will to live.

The rumours have been around Mitsubishi for Zioc. It's all maybe and ifs but the loan article links Japan, Vale and 'third countries.' I have read quite a few times that Japan don't want to be reliant on China for iron ore.

Reckon Nippon have enough on their plate with US Steel.

This would all tie in nicely if Japan are to be part of a consortium with Vale -

https://www.google.com/amp/s/gmk.center/en/news/japanese-bank-to-provide-a-loan-to-vale-to-secure-iron-ore-supplies-to-the-country/amp/