Member Info for Veteran10

Does seem like the new timelines ties in with the Congo Energy and Investment forum on 24th March a bit more. I had wondered if the Government wanted to be involved in any major announcements. Whatever we find out on the 18th is likely to be part of the forum presentations. Zanaga is key for the future growth of RoC.

You just haven't researched the company at all. Every now and then we get these silly posts from you. This is about strategic partners funding the FEED stage or even a buyout of the whole company.

Some Pointe Noire / AD Ports news too -

https://www.wam.ae/en/article/bi2e9y1-ports-group-cma-cgm-group-develop-operate-new-east

This was dated November 2024. Port news and energy MOU with CEC since. So fundraising or buyout before next items mentioned it would seem.

Change of shareholder (December 2022) the company Zanaga Iron Ore Company (ZIOC) listed on the AIM Market owns 100% of the company MPD Congo (Glencore holds 48% of ZIOC). MPDCongoaremisin August 2024 a revised feasibility study The company continues studies and exchanges in particular on the energy production part with the CEC and Chinese companies for the Mpoukou dam project and on the port solution with Arise IIP Difficulties:‐ Poor condition of the railway infrastructure between Mossendjo and Dolisie (track to be rehabilitated for the test phase or the Early Phase Project (EPP) phase)‐ Low draft of water per mole 1 of the PAPN (9 m) limiting the size of ore vessels - No port infrastructure or energy source available yet in the Zanaga Project area to start phase 1 of the Main Project (12 million tonnes per year via a pipeline to be built) Prospects for 2025: - Fund raising to continue activities and finance studies (energy and port) and the FEED - Start of the FEED (production and transport test of samples)‐ Studies of the two sites identified to develop a hydro dam (Mpoukou and Siombando)‐ Obtaining the various FEED administrative authorizations

https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://www.unicongo.cg/wp-content/uploads/2024/11/Mines-Solides-Rapport-Federation-AG-2024.pdf&ved=2ahUKEwiSmdGbx6-LAxUZQUEAHXZNAPoQFnoECGEQAQ&usg=AOvVaw3FC1KW4w5bS7m6EIG_9Ps2

Maybe I am being optimistic but I feel like a takeover offer would mean the investor event is no longer needed. Just have a feeling.

8.6p

Can get a quote to sell 1m

Interesting that they didn't do a second RNS confirming the Investor Event time and location. Seems like they are waiting on something, good to see progress. Hold onto those chips.

Don't buy then. Simple as that. Some have bought and hope for a strong increase in sp others like yourself haven't because they see risk, that's fair enough and a market will always have different participants with different views.

For my part I have had contact with the company investor relations late last year and continue to hold as a result.

Been down the golf club again eh MM...

The Orion link could just be coincidence. My feeling is any deal to be announced on 11th is already done so I don't think AT would be doing any heavy lifting at this stage. Networking with partners was more my line of thinking. Like all of us, I am eager to look for clues.

At the same time in Cape Town alongside the 121 event AT and Phillip Clegg are attending, the Mining Indaba 2025 takes places. The Minister of Mines and Geology for Republic Of Congo is attending and so is Clegg. Not sure about AT. The Mining Indaba describes itself as the premier platform for strategic partnerships.

All this the week before the 11th February...

Phillip Clegg from Orion Resource Partners is at the same event as Andrew Trahar in South Africa next week. Smoking gun?

The third-largest of Abu Dhabi’s sovereign wealth funds, ADQ, is setting up a $1.2 billion joint venture with the US investment company Orion Resource Partners to invest in the metals and mining sector.

The 50-50 joint venture will be based in Abu Dhabi and will target long-term agreements to source essential metals and minerals, including copper and high-grade iron ore, in emerging markets across Africa, Asia and Latin America, ADQ said in a statement.

The two sides have committed themselves to deploying an initial $1.2 billion of capital over the course of the first four years of the joint venture.

“The establishment of Orion Abu Dhabi is a natural step for us, allowing our companies to execute their ambitious growth plans with the assurance of a resilient supply of essential resources,” said Hamad Al Hammadi, deputy group CEO at ADQ.

Orion Abu Dhabi will invest in mining companies through multiple asset classes, including equity, senior debt and production-linked instruments, such as royalties, streams and off-takes.

Https://www.agbi.com/mining/2025/01/adq-joins-orion-to-invest-1-2bn-in-metals-jv/

I guess 12p back to 8p and the wait for news is making people nervous. There are no leaks in the press either. Squeaky bum time.

On that note, this one isn't a keeper -

https://www.dailymail.co.uk/news/article-14338639/Woman-25-sent-videos-FARTING-boyfriends-ex-partner.html

I am curious now, where are you? Canada?

Https://www.weare121.com/121mininginvestment-cape-town/agenda-day-2/

News this week perhaps if AT is away next week and the week after is meant to be the Investor event...

This is a question I have asked the company in the past, about current market cap being so low so why would a company offer a huge premium to buy Zanaga. The free float is very low, less than 30% I believe. If there was an offer I was led to believe current listed market cap would not prevent a premium offer.