Member Info for Veteran10

So predictions now range from 7.5p to £7.22...

Barnardos would be my charity. I will stick with 199p as my high prediction. In terms of %, I am not sure. I like to buy things for charity and take them in rather than give over money. I once worked for a stockbrokers in the City and a well known charity had alot of money invested...why. I asked myself. At this time of year, alot of children's charities need Christmas presents. Often people forget about the older children and just buy toys so we have always done something for that older group of children who have had a tough start to life.

Sure. In the last 10 years of ZIOC doing nothing, I would have put the Zanaga mine up for auction and sold it like Simandou was.

Hmm. MK has dropped the share price everytime he has done an interview. No strategic partner. No other news. His 1.5m options were an aberration.

Https://www.investegate.co.uk/announcement/rns/kore-potash--kp2/finalisation-of-epc-contract/8560543

I have been thinking the same Shrewd. Does anyone want Zanaga or do all parties think RoC is too risky?

Part of me does think the high grade won't be ignored and all this share price and news blackout could be a final ploy to do PIs out of a jackpot. Part of me does think ZIOC have been generous with the truth with regards to 'very interested parties....'. Beardozer is right, this is literally binary now. In my career I had to be driven and make things happen. I don't see it from Knauth and definitely not from Elphick.

How can we believe what they say though MM? No strategic partner and 3.7p share price. The This is Money article was also a red herring. 'Within a few months' has passed now too. I am feeling disheartened here. No one seems to want this mine!

Pretty depressing. No one is interested in Zanaga. They made it all up.

Anyone able to subscribe for free and read this -

https://www.africaintelligence.com/central-africa/2024/11/14/brazzaville-sets-up-mining-investment-firm,110339442-bre

I have used my free articles up.

Got an email from AJ Bell saying to vote by 29/11/24

Got my hopes up it was a vote on a buyout...

Https://www.africaintelligence.com/central-africa/2024/11/01/first-trucks-for-mbalam-nabeba-iron-ore-project-due-in-kribi-port,110334501-bre

Unfortunately I can't see the full article but there is a ceremony planned for the old Sundance mine in early November. Mining is restarting in Congo Brazzaville.

You been on the mushrooms?

Https://energycapitalpower.com/new-iron-ore-phosphate-projects-signal-growth-in-congos-mining-industry/

Morning Jiving,

Here you go -

https://www.google.com/amp/s/www.thisismoney.co.uk/money/markets/article-2164436/amp/SMALL-CAP-FOCUS-Zanaga-Iron-Ore-looks-make-Congo-deposit-count.html

Https://www.bnnbloomberg.ca/investing/2024/10/29/fortescue-says-iron-ore-watchers-misjudging-looming-supply-woes/

Total BS from Fortescue in the last paragraph!!

I have been reading an old This is Money article back in the days of Xstrata. They had the option to buy Zanaga for 50% of the NPV. Whoever finances the FEED will likely be given a similar option or if there was a buy out I assume that is how the deal would be structured. Do we think that 50% is likely to be lower now though, given the time Zanaga has been dormant for? Even 30% would be a mega multi bagger. When that article was published Zanaga had a market cap of 200m. We are now less than 30m but arguably closer to a consortium finally taking Zanaga forward or buying it out altogether.

Vale, China, Middle East but no Zanaga. It says the ore will be shipped from Brazil. Really?

Https://www.zawya.com/en/press-release/companies-news/vale-and-jinnan-iron-and-steel-group-announce-investing-over-600mln-in-omans-first-iron-ore-concentration-plant-gzjk43xv

Cannot see how 100p would be hit when the share price is 4p. 50p would be a miracle.

Big Dildo