Member Info for Veteran10

Saw that part about Vale and China last week. It is promising especially as it seems Vale do need more projects to increase revenue and compete with their peers.

We need something here to get the share price moving again. Anything that mentions Zanaga or RoC directly and it will be back to the teens. Wondering how far we are from finishing the first trance of this funding deal now too.

I agree. The more I read the article, the more I wondered. It seems Guinea is rated as more stable than RoC and Simandou a better mine than Zanaga. Zanaga still has huge value and cheaper to develop though. The sooner Simandou is up and progressing the better for us, IF the Chinese want Zanaga too. They may want to get that going before starting another large project. In the meantime there is constant news coming out from the Middle East with regards to investing in mining and minerals. I hope they just throw money at Nguesso and Zanaga and get a deal done before the Chinese.

Https://asia.nikkei.com/Business/Markets/Commodities/China-bankrolls-Africa-railroad-to-cut-Australia-iron-ore-reliance

Http://spanish.xinhuanet.com/20230813/948570d8b2564c8086758cd05793548e/c.html

Https://twitter.com/PR_Congo/status/1689635443959361537?s=20

Probably means nothing but for those who still believe in dots.

To be honest I am losing hope here. The share price is a disaster. The management team are totally out of their depth. Not sure they are capable of doing anything with Zanaga.

Disgraceful isn't it. 17p to less than 6p with a non dilutive funding deal....Moronic management team.

Https://twitter.com/PR_Congo/status/1689242579584307201

Nguesso landed in Brazil today for the Amazon summit. Zanaga deal on the sidelines ????

Does 42 count as elderly? ZIOC makes me feel 82

MM - Are you still hopeful of a deal this year? I sense the drop from 17p has caused many to lose faith and become cynical to any research posted.

Nguesso and Lula are also meeting in Brazil in early August.

Good one Phil.

Hu Wangming, chairman of the group, held a face-to-face meeting with Eduardo Bartolomeo, Vale’s chief executive officer, at Baowu’s headquarter Shanghai

Https://www.mining.com/web/china-baowu-wants-new-models-of-cooperation-with-vale/

The world’s largest steelmaker China Baowu Steel Group Corporation has held talks with Brazilian iron ore miner Vale on potential opportunities for future cooperation.

Zanaga???

If Vale Sa were going to involved this could be interesting

https://twitter.com/PR_Congo/status/1686752753303846914

Ifs and maybes I accept.

Nice of Shard to upload 600k on a down day too. W4nkers.

Pretty annoying day....agree we need more interaction from the company.

Https://www.google.com/amp/s/www.moneycontrol.com/news/business/forget-china-the-hot-money-in-mining-is-suddenly-saudi-11068031.html/amp

It means Vale SA could potentially invest the proceeds in iron ore which is their main business. Zanaga would feed the steel hubs in UAE. Separately it shows the Saudis are keen to play a global role in mineral production themselves. Ma'arden could even be an option for Zanaga. Admittedly these are indirect or speculative links at present but it is encouraging to see the Middle East/Vale newsflow. AD Ports are also involved with the Vale steel hub too.