Member Info for yogiananda

Red Hawk has 200M shares in issue and a market cap of 236M...thus 46% premium. Zanaga has 670M and MC of 53M. Current MC of Zioc is too low...I wonder.

The Base Offer Price of $1.05 per Red Hawk share represents a premium of:

28% to the last closing price of $0.82 per Red Hawk share on 24 January 2025

29% to the 30-day VWAP of $0.81 per Red Hawk share up to and including 24 January 2025

The Increased Offer Price of $1.20 per Red Hawk share represents a premium of:

46% to the last closing price of $0.82 per Red Hawk share on 24 January 2025

48% to the 30-day VWAP of $0.81 per Red Hawk share up to and including 24 January 2025

ZANAGA? BOOM.GLA...46% premium for low grade?...mnnnnnnnnnnnn

Https://redhawkmining.com.au/the-blacksmith-project/

Compare and contrast Fe grades ...Zanaga is by far the best. Can we work out our valuation based on this take-over a major will be willing to pay?

Https://redhawkmining.com.au/the-blacksmith-project/

Compare and contrast Red Hawk Vs Zanaga!...Our FE is far superior, and a far superior offer will be forthcoming? DYOR. BOOM GLA

Now we can WORK OUT our valuation! Boom. GLA

Red Hawks Fe grade is not as good as Zioc's!

Red Hawk Mining has entered into a binding Bid Implementation Deed (BID) with FMG Pilbara Pty Ltd (FMG), a subsidiary of Fortescue Ltd (ASX:FMG) (Fortescue), under which FMG has offered to acquire up to 100% of the shares in Red Hawk by way of an off-market takeover (Offer) for a cash amount of $1.05 per Red Hawk share (Base Offer Price). The consideration per share will be increased to $1.20 per Red Hawk share (Increased Offer Price) if FMG obtains a relevant interest in 75% or more of Red Hawk shares.

Https://redhawkmining.com.au/takeover-bid/

Red Hawk Mining has entered into a binding Bid Implementation Deed (BID) with FMG Pilbara Pty Ltd (FMG), a subsidiary of Fortescue Ltd (ASX:FMG) (Fortescue), under which FMG has offered to acquire up to 100% of the shares in Red Hawk by way of an off-market takeover (Offer) for a cash amount of $1.05 per Red Hawk share (Base Offer Price). The consideration per share will be increased to $1.20 per Red Hawk share (Increased Offer Price) if FMG obtains a relevant interest in 75% or more of Red Hawk shares.

Thanks MM for the insights into "green dragon." If so, perhaps, the investor presentation venue maybe Shanghai or Beijing or HK after the Chinese NY if our incoming Strategic emerge out of the green dragon country?

GLA

("ZIOC" or the "Company") (AIM: ZIOC), notes the recent share price movement and is aware of a press article referencing a potential strategic investment in, or acquisition of, Zanaga within the next few months.

POTENTIAL STRATEGIC INVESTMENT OR ACQUISITION. ..The Company is always exploring potential strategic options ...

GLA

Trying to make some sense of being invested here for over 10 years.

17 November 2023 Investor Presentation RNS: The investor presentation also includes further information on the Company's corporate strategy (announced in September 2023) which seeks to advance key milestones and objectives through to the end of Q1 2024, including:

· Feasibility Study update - End 2023

· Hydro power partnership - Q1 2024 (Memorandum of Understanding)

· Port partnership - Q1 2024 (Memorandum of Understanding)

· Strategic partner initiative - Q1 2024 (Memorandum of Understanding)

25 june 2024: Share Price Movement RNS:Zanaga Iron Ore Company Limited ("ZIOC" or the "Company") (AIM: ZIOC), notes the recent share price movement and is aware of a press article referencing a potential strategic investment in, or acquisition of, Zanaga within the next few months. The Company is always exploring potential strategic options in relation to the future development of the Zanaga Project and regularly engages in early-stage discussions of this nature but is not currently in active discussions around a transaction of any nature at this time.

The publication of the Company's 2024 Feasibility Study cost update in March 2024 resulted in a number of potential strategic partners engaging with the Company to better understand the Zanaga Iron Ore Project. These discussions remain at an early stage and there can be no certainty that any transaction will materialize.

KEY MILESTONES: First three in the bag.

Next RNS · Strategic partner initiative - Q1 2024 (Memorandum of Understanding).

What the nature of the "Transaction" that will "materialize" will be revealed in the next MOU..I am positice shareholders will be rewarded.

GLA

Hi MM. Just joking.

Hi MM. Bumped into Cliff? AT and Marty?...Do you mean Elphick et al? Nice, you must be an "insider" then?

Baowu Steel is going to need high grade Iron? ZANAGA? Just wondering? If they are going into Saudi.

In the steel sector, Saudi Iron and Steel Company (Hadeed) announced its full acquisition of Al Rajhi Steel Industries Company, with an investment plan of SR25 billion to meet the needs of large-scale projects. China Baowu Steel Group Corp., Ltd. (Baosteel) announced plans to build its first integrated steel plant outside of China, in collaboration with Aramco and the Public Investment Fund (PIF).

https://www.zawya.com/en/business/energy/saudi-future-minerals-forum-sees-signing-of-126-agreements-worth-2853bln-ktbjqir5

Https://www.zawya.com/en/projects/mining/saudi-arabia-qualifies-6-companies-for-critical-minerals-exploration-programme-bxrwtvn8

January 21, 2025

RELATED TOPICS

SAUDI ARABIA

MINING

Saudi Arabia's Ministry of Industry and Mineral Resources and the Ministry of Investment have announced the qualification of six local and international companies in the first phase of the Exploration Enablement Programme (EEP), according to a post on X by the industry and minerals ministry.

The EEP programme aims to expand mining exploration for critical minerals within the Kingdom and reduce the risks of investing in mining exploration.

The six qualified companies are as follows:

Royal Road

Ajlan & Bros Holding

EV Metals Group (EVM)

Gold & Minerals Company (GMCO)

Ma'aden

Amak

Https://www.zawya.com/en/projects/mining/saudi-arabia-qualifies-6-companies-for-critical-minerals-exploration-programme-bxrwtvn8

January 21, 2025

RELATED TOPICS

SAUDI ARABIA

MINING

Saudi Arabia's Ministry of Industry and Mineral Resources and the Ministry of Investment have announced the qualification of six local and international companies in the first phase of the Exploration Enablement Programme (EEP), according to a post on X by the industry and minerals ministry.

The EEP programme aims to expand mining exploration for critical minerals within the Kingdom and reduce the risks of investing in mining exploration.

The six qualified companies are as follows:

Royal Road

Ajlan & Bros Holding

EV Metals Group (EVM)

Gold & Minerals Company (GMCO)

Ma'aden

Amak

EEP's highlights include a total license area of 4,000 square kilometres, 57,000 geochemistry samples, and estimated total drilling of 440,000 metres.

ASCI chip manufacurers are many for the Blockchain Mining

1, ASIX Electronics 37.3%

2 STMicroelectronics 15.8%

3 Faraday Technology Corporation 7.7%

4 ams-OSRAM AG 6.6%

I think AMS was mentioned in the Patent interview with ProActive-FG..Mike seems to be conversant with AMS....A deal with AMS would be most welcome. GLA

ASIC chips manufacturers..SAMSUNG ! 1. Samsung 2. TSMC 3. Global Foundries..Mike Trafeli knows all about the ASCI manufacturers as mentioned in the Patent Interview with FG..Well done QBT Team..GLA

Great Interview. Industry Blockchain miners are going to see first hand how the tech-chip functions with 30% improved and irrefutable efficiency. This is massive. Well done QBT TEAM!