Member Info for Veteran10

It's encouraging for the African region that the Saudis are willing to invest big money. There Vale base metals deal was their first tie up and it seems there will be more. Robert Friedland made a few comments in the link below.

With regards to the Saudis/Vale - interesting to note this on Zanaga's website-

The Stage One pellet feed product will have an iron grade of 66%, similar to Brazilian supply.

https://www.google.com/amp/s/financialpost.com/commodities/mining/forget-china-hot-money-mining-saudi-arabia/wcm/44b0f1f7-0e84-480a-8d20-474901f3a73f/amp/

Damn MM you beat me to it. Just posted similar on the standard ZIOC board. Very exciting news.

Article from Wall St Journal today - very promising.

https://www.reuters.com/markets/commodities/us-saudi-arabia-talks-secure-metals-africa-wsj-2023-09-10/

No offence Beardozer but you don't sound like my sort of stripper

I think it will hit 20p on hype before they drill. With regards to Anchois I think they are clueless as to what to do.

Will be selling at 20p. Had enough of the directors here. Full of s.

The Essar group has signed a partnership with Vale International for iron ore supply to the Indian firm’s proposed steel plant in Saudi Arabia. With this, 100 per cent iron ore supply for the plant is now secured.

So where will all this ore come from....

https://www.business-standard.com/companies/news/essar-sings-deal-with-vale-to-get-raw-material-supply-for-saudi-steel-plant-123090700614_1.html

Https://www.business-standard.com/companies/news/essar-sings-deal-with-vale-to-get-raw-material-supply-for-saudi-steel-plant-123090700614_1.html

The Essar group has signed a partnership with Vale International for iron ore supply to the Indian firm’s proposed steel plant in Saudi Arabia. With this, 100 per cent iron ore supply for the plant is now secured.

This is a good article.

https://www.miningreview.com/base-metals/a-distinct-coup-in-gabon/

The coup in Gabon is distinct from those that have proliferated in West Africa, and the Sahel in particular, over the past three years. France, the US, and the EU have condemned the coup, but also shown nuance by acknowledging the lack of legitimacy of the electoral process.

The prospect of harsh economic and political sanctions seems unlikely, as does a major deterioration of relations with France, the former colonial power. In his address at his swearing–in ceremony, General Oligui quoted several well-known Gabonese and African political figures, including Omar Bongo, late Ghanaian coup leader and President Jerry Rawlings, and the late bishop and anti-apartheid activist Desmond Tutu.

He also referred to former French General and President Charles de Gaulle, stating that, like de Gaulle, the Gabonese defence and security forces chose to be on the side of the people and freedom.

I did contact Wood Mackenzie and had an email back saying the analysts concerned would respond to my comments. Will let you know when/if I hear back.

The more I read about Saudi Arabia and their plans for development, it is clear how much steel they will need. Just cannot see Zanaga staying undeveloped.

Surely this is being done to sell it off, reading between the lines. Big hitters will want this technology.

Https://www.google.com/amp/s/www.marketscreener.com/amp/quote/stock/VALE-S-A-9970050/news/Brazilian-miner-Vale-to-start-building-Middle-East-mega-hubs-in-2024-44774647/

Https://www.google.com/amp/s/www.marketscreener.com/amp/quote/stock/VALE-S-A-9970050/news/Brazilian-miner-Vale-to-start-building-Middle-East-mega-hubs-in-2024-44774647/

If I was pumping I would be screaming buy in capital letters and dropping ZIOC in on other boards. Not unreasonable to suggest a rise is coming with news due in Q4 and the large retrace which has left us at pre AD Ports news. Have a good day all.

Odd isn't it. I think this will start moving up into Q4 now.

We will need patience I agree. I think this would be over 20p already were it not for thr risk off tech stocks sentiment over the last 12 months and some poorly timed placings by Clifford.

That said the sum of parts and BELL and Microsalt in particular v the current market cap give me great confidence from these levels hence the big golden strong buy buzzer being pressed.

Exciting news. PIF can take Zanaga out with money from the back of their sofa.

Surely you don't bother with such a China specific study unless a known Chinese party has said they want Zanaga.

28 days from Q4 so expecting the share price to start climbing again shortly.

The Taliban just signed 6.5b of mining deals. That makes the geopolitical risk here look better lol.

You seem to be a bit negative ET. Sold out currently?