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Hmm, rich or disappointed maybe. Wouldn't surprise me if we get a statement saying things are progressing well bla bla rather than shafted. Surprisingly for AIM this isn't a leaky share but I would have expected news by now if it was going to be the 1000% RNS we are all hoping for. Life goes on. Your health is the most important.
Https://www.google.com/amp/s/amp.scmp.com/news/china/diplomacy/article/3255471/china-planning-break-its-dependency-australia-and-brazil-iron-ore-africa-key
More than 80 per cent of China’s iron ore comes from Australia and Brazil but Beijing wants to de-risk that supply. And the West African nation, along with other countries including Guinea, Liberia, Cameroon and Congo-Brazzaville, are the key to making that happen.
Therefore, it made sense to see Chinese steel mills go after more competitive assets – like Simandou, for example.
Clifford cannot be trusted. I sold out the last of mine at 17p. I own Microsalt directly. TEK get used as a piggy bank for inflated wages and has a history of terrible placings. Every time good news comes out a few times in succession you know the next placing is being lined up. Sure enough the same thing happened again. The price now needs to go up 60 or 70% to get to where it was recently. TEK is uninvestable and will remain so until a competent CEO is brought in.
Https://www.mining-technology.com/news/strike-guinea-mining-sector-disrupted/?cf-view
“This situation is untenable. Everything is at a standstill,” said another senior official of a separate mining company, who also requested anonymity.
Well you don't have to read them do you rude old twat.
One is highlighting the UAE are targeting mining investments after Nguesso's recent visit and the other shows the strong Chinese relationship between them and Nguesso. These 2 countries alongside possible Brazil/Vale look the most likely suitors for Zanaga.
What are Zanaga waiting on...really hoping the next news will demonstrate there is a definite intention to develop the mine. At the moment the wider market is either under researched or doesn't believe it. We all want the drastic sp rerate.
I think the Chinese will go ahead with Simandou but that wouldn't stop them also wanting Zanaga in my view.
So the market still doesn't believe Zanaga then at the moment. That port news and a strategic partner will. On a side note there was an article in the Telegraph yesterday saying small caps are very unattractive to foreign traders due to stamp duty and a lack of liquidity. AIM just doesn't attract the interest it used to.
These guys aren't talking about the rainforest...
https://wam.ae/en/article/b1mlet8-uae-president-receives-president