Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The CEO should buy some shares with his OWN money here. Such a shame to see this crazy valuation. I don't believe it is the lack of profitability holding the sp back. Investors would be happy if they thought the 100m value per holding was coming. The CEO is the problem.
I don't want to know how much money I spent on drinks and taxis in those days...
Nguesso is doing his state of the nation speech today. Not impossible we could be mentioned.
His son met with Japan again yesterday. Details are on his twitter account. I see Japan as the outsiders for Zanaga as historically there was interest from a Japanese company in the project.
"This discussion is a continuation of our previous dialogues, initiated during my visit to Japan, and focuses on strengthening our cooperation, particularly on the economic level.
One of the major points of our meeting was my proposal to establish an office of the Japanese agency in Brazzaville, modeled on the model of the one operating in the Democratic Republic of Congo. This initiative is crucial for us because it aims to facilitate and accelerate the completion of large-scale projects on our soil.
We also discussed the importance of quickly finalizing the technical cooperation agreement between our two countries. I insisted on the need to sign this agreement before the end of the year, in order to integrate our joint projects into Japan's annual budget which is generally adopted in March."
Makes sense the AGM has been scheduled for after new is out, so they can take questions.
There use to be a bar under Citypoint called Amber. Roller skating, attractive ladies wearing not much went around the dance floor! A young Veteran had some success there when he was a single man!
The salary and bonus is very poor. You can't pay yourself that with the current market cap. None of the portfolio companies are being valued at more than a few million each. That's total failure. They have raised and spent far more than the current market cap. We were told the target was 100m market cap for each company. Sounds ludicrous at the moment. Personally I don't rate Lucyd and would sell it off to anyone who shows interest. Get cash on the books instead.
MM you didn't enter the share price thread run by ET? What is your sp target?
Only 4 weeks of work before Christmas now. Update next week I suspect. I share the frustration at the sp, it showed signs of moving and then Shard tranche 2 batted us back down again. I always look for various key words on Google but there is never anything Zanaga specific. Patience is a killer.
Share price is awful. That's the big problem here. My frustration is mounting.
I took this opportunity to reaffirm Congo's commitment to the Belt and Road Initiative, a move welcomed by Ambassador Li Yan. She thanked our government and expressed China's desire to strengthen its cooperation with Congo so that it is more pragmatic and more productive.
We also talked about the year 2024, which promises to be significant for our bilateral relations. Planned events, including our President's state visit to China, the 11th session of the Grand Joint Commission, the 60th anniversary of Sino-Congolese diplomatic relations, and FOCAC, will mark important milestones in our continued collaboration. These moments will be crucial to forging an even stronger and more prosperous future for our two countries.
https://twitter.com/ChristelSassou/status/1725224250024362152
Thanks 4kandles. I read your comments like a school report. Simon needs to direct his energy into a creative outlet to make the most of his enthusiasm translates as Simon is an annoying little bar steward. Reading between the lines I agree news is coming and perhaps Shard cannot and should not comment.
Weird week. Positive news but crap sp.
The $300m spend on studies so far was mentioned. They must want that back absolutely bare minimum.