Member Info for Veteran10

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.

He is still in Japan. Looks to be truth in the rumours of a strategic partner being based there. I don't think many have seen the video yet. Tomorrow should be a good day.

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

I will join you in Abergele, will definitely need several drinks when this is all over.

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.

Good posts on the other board yesterday and today if you haven't seen them.

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

Looks like someone has bought 1m shares today anyway.

Nguesso has been meeting the Algerian Minister for Mining in the last couple of days. Maybe he has dipped his toes in haha

I would take 50p. Hard not to feel a bit annoyed with the management team for the total 5hitshow so far in 2024. Don't publish deadlines if you cannot meet them.

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....

Doesn't make sense why Glencore haven't done anything with Zanaga in that case.

Well I emailed twice and had no response, in 6 months we have had just a few sentences from Knauth. How much has he earned for those? An investor presentation would be interesting but I think it won't happen as negotiations are most likely happening in the background. Let's be honest most would take 50p today and never look back after such a long wait.

Not being obtuse but how do we know there is a current Chinese offer?

Get in! How much are they paying me?

Who knows but the share price is beyond a joke. After 10 years of bs and now doing an updated feasibility study it's obvious many don't believe a word ZIOC say. It needs the strategic investor news to make the wider market believe and attract the new buyers which would multiway the share price. On a separate note, I think AIM and the UK markets in general are in decline which doesn't help us. Most companies want to list in the US.

So extrader is out then. Fair enough. Everyone has to make their own move.

Did you speak to AT or MK?

In 2014 Xstrata had an option to buy the whole project based on FS results. Probably the same here.