GreenRoc now on the EU radar after presentation on Amitsoq at the Greenland Business Mission. Watch the interview here.
I understand the nervous posts but to be fair the hydroelectric MOU is done, the updated feasibility study is done and Knauth has been brought in for his French speaking negotiation skills. ZIOC are not sitting on their hands. I am fed up too that they said Q1 for a strategic investor and also about the share price though. Starting to think you have to have a cut off point - ie no deal in 6 months, sell up and get on with life.
I didn't say anything about Labour and CGT. Why would you continually keep an eye on news that could affect your investment? Opportunity. To sell, to buy more. It depends. But surely everyone monitors news which could have an impact on their investment. You can't just buy shares and forget about them. Tracker funds maybe but def not AIM shares!
Life changing so I don't have to get up at 7am and be disappointed every day or spend my time on Google searching Nguesso, Africa Iron Ore, AD Ports, High Grade Iron Ore, Simandou, Vale, Manara, Japan Iron Ore, China Iron Ore, Vale and loads more!
Nguesso Junior is in Korea for their African Minerals Summit. He is pictured in the Korea Herald yesterday.
Cor it's all pretty depressing.
If I go and watch Tottenham play it doesn't mean I am about to sign for them. There is no news or leaks. Just Marty on video saying how exciting the project is. That's all we really know this week.
I will join Beardozer on the 3 bottles of wine this evening.
I think MK deliberately didn't put a deadline on it in the interview to avoid over promising and under delivering as in Q1. My hope is we are actually very close and they aim to over deliver going forward.
They are not going to give too much away. Talks could be at a very advanced stage for all we know. If it is a case of Japan v China then that would be good for us. Japan do not want to reply on China for their iron ore needs so we could get a better deal if the 2 are up against each other. I appreciate the frustration and wish for a buyout ASAP but I would be more concerned if Marty Knauth wasn't in China and Japan. Things are happening.
You can view FT articles by going incognito on the Internet. They let you view a number of articles for free before subscribing and don't seem to pick up on how many you have viewed if you go incognito. Don't let the wife see you know how to use the incognito option though. She won't believe it was to read the FT!
As I read down I hoped for a Zanaga mention...
https://www.ft.com/content/2885f8da-cafc-4bc6-b15b-1c5275db1280
Little Den is off to Brazil, could Manara/Vale/Zanaga be on his agenda ?
Brazzaville, May 24 (ACI) - The Minister of International Cooperation and the Promotion of Public-Private Partnership, Mr. Denis Christel Sassou Nguesso and the Brazilian Ambassador to Congo, Mr. Renato Soares Menezes, exchanged on May 23 May in Brazzaville, on the agenda of the official working visit of the Congolese minister to Brazil.
Scheduled for early June, this visit will allow the Congolese minister to hold several strategic meetings in order to strengthen bilateral relations and promote new cooperation initiatives between the two countries.
Morning ET,
This was the article I read yesterday. A bit more reference to mining in that one though hydrocarbons was probably the focus. Given the Chinese recently announced the construction of a railway in Algeria for iron ore, I wonder if that was mentioned at some point too though. Today's news says Sergei Lavrov will meet Nguesso on 3rd June... Russia are trying to gain influence all over Africa it would seem.
https://al24news.com/fr/m-arkab-recu-par-le-president-de-la-republique-du-congo/
"We are looking overseas for interests in copper, lithium, iron-ore, and nickel," said Wilt.
https://m.miningweekly.com/print-version/saudi-maaden-has-extracted-lithium-from-seawater-ceo-says-2024-05-22
Like it or not Sushi's post has started a good debate and reflects probably quite a few market participants' view that ZIOC is for dreamers. Obviously for those who have followed the news closely we have seen a new CEO, hydroelectric deal and are being led to belive port news and a strategic partner are close. Zanaga is very high grade but say China don't want it, would that be Zanaga canned or do the Japanese and Middle East step in? It's very hard to call. Communication from the company is minimal and the share price is awful. Lots of us are fed up. From a personal perspective, I have a block of flats on my radar that I want to buy and use for income. Beardozer wants his mansion. Others no doubt have big plans too. I have reached the stage where I just want to be put out of my misery - good or bad news. I didn't like the Shard snippet on the last RNS as joint broker normally means placing coming but ZIOC have always tried not to dilute. I was expecting partner news and maybe a small raise for the partner to be happy ZIOC are contributing to the next stage or for Shard to drum up more interest in the stock. The latter hasn't happened going by the share price. I am wondering if there is more to the Japanese leak someone posted a few weeks ago. They don't like to rely on China for their iron ore and we know Little Den met with Japanese officials late last year. Something made ZIOC hire Knauth and tell us partner news was imminent....
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