Zanaga Iron Ore Share Discussion Threads

[sooty snipes] 05/7/2018 21:56

Chinaman not renowned for human rights. I fear for poor little African. They will pillage and take commodities leaving African man with next to nothing. Cool druid he know more than he let on.

[extrader] 05/7/2018 21:48

Hi cool druid,

I guess you're not invested (or interested in investing) here then and are just kicking the tyres.

ATB

[cool druid] 05/7/2018 21:02

Thank you Mr Extrader. I am still no wiser :(. I do not understand this macroeconomic malarkey. If the above statement was real, how come 70% of world population still live in extreme poverty?

For me it's purely common sense. Money and African dictators is a big NO NO NO.

IMF and World Bank for last 50 years done nothing for the African masses, loaning money to crooks is never a good thing. 100s of billions been wasted and gone in dictator’s pockets. The lender of last resort or the Paris Group is not a friend of any country.

Giving money because of guilt does not solve any problem.


Chinamen are the only one with deep pocket and they are not in charity business. Their model is not aid, but business venture.


IMF would not even lend Egypt $8bn but pour $40bn-$50bn in Greece. Essentially IMF wasting 10% of its balance sheet of $410bn on a single country, and there are at least 160+ IMF countries partners.

The excerpts in bold relates to Congo, it is very high risk, there will be no big SPONSORs. Only Chinamen will take the risks and they will take the assets when the countries cannot pay. Poor Sri Lanka they just lost their new deep water Port to the Chinese, 99 years lease after they could not pay back.

[extrader] 05/7/2018 19:46

Hi cool druid,


You ask how a contract to build a port helps ZIOC. At the moment, ZIOP has a 'stranded' mineral asset in the jungle, worth very little until it finds a route to market. The ore has to get to the coast (which is 1 issue) and then put on a boat for export/sale (which is another). ZIOP is just one part of a complicated set of inter-connected requirements for a successful project. Here's an explanation from Wikipedia of what is going on :


...Project finance is the long-term financing of infrastructure and industrial projects based upon the projected cash flows of the project rather than the balance sheets of its sponsors. Usually, a project financing structure involves a number of equity investors, known as 'sponsors', a 'syndicate' of banks or other lending institutions that provide loans to the operation. They are most commonly non-recourse loans, which are secured by the project assets and paid entirely from project cash flow, rather than from the general assets or creditworthiness of the project sponsors, a decision in part supported by financial modeling.

The financing is typically secured by all of the project assets, including the revenue-producing contracts. Project lenders are given a lien on all of these assets and are able to assume control of a project if the project company has difficulties complying with the loan terms.

Generally, a special purpose entity is created for each project, thereby shielding other assets owned by a project sponsor from the detrimental effects of a project failure. As a special purpose entity, the project company has no assets other than the project. Capital contribution commitments by the owners of the project company are sometimes necessary to ensure that the project is financially sound or to assure the lenders of the sponsors' commitment. Project finance is often more complicated than alternative financing methods. Traditionally, project financing has been most commonly used in the extractive (mining) , transportation, telecommunications, power industries as well as sports and entertainment venues.

Risk identification and allocation is a key component of project finance. A project may be subject to a number of technical, environmental, economic and political risks, particularly in developing countries and emerging markets. Financial institutions and project sponsors may conclude that the risks inherent in project development and operation are unacceptable (unfinanceable). "Several long-term contracts such as construction, supply, off-take and concession agreements, along with a variety of joint-ownership structures are used to align incentives and deter opportunistic behaviour by any party involved in the project."

The patterns of implementation are sometimes referred to as "project delivery methods." The financing of these projects must be distributed among multiple parties, so as to distribute the risk associated with the project while simultaneously ensuring profits for each party involved. In designing such risk-allocation mechanisms, it is more difficult to address the risks of developing countries' infrastructure markets as their markets involve higher risks.

In bold are some of the bits relevant to ZIOC.

HTH and ATB

[petebarnes1] 05/7/2018 18:07

1fox15 Jul '18 - 17:39 - 660 of 663Moderate | Ban
0 1 0
It's not when it's built. It's when contacts are signed and work commences. As soon as the proof of a port and infrastructure is going to happen that's when the finance for the mining will take place. Till then this remains a risky play. I like what they are doing at the moment. If cold pelletisation is proven to be a success it will save a fortune over the conventional method.

FOX NOT A BAD POST AT ALL agreed

[temmujin] 05/7/2018 17:53

100p by end of july...its coming guys

[sooty snipes] 05/7/2018 17:50

no pah king. I love the moniker :o)

[cool druid] 05/7/2018 17:50

How does a contract about building a port help zioc?

Zioc is running out cash, if they raise funding at 5p now they can survive and keep sitting on the license.

But in all honesty companies sitting on licenses for years should have their licenses revoked, that my personal opinion.


Building ports and supporting infrastructure takes years, although tens of thousands of chinamen can make it happen faster than anyone else

[1fox1] 05/7/2018 17:39

It's not when it's built. It's when contracts are signed and work commences. As soon as the proof of a port and infrastructure is going to happen that's when the finance for the mining will take place. Till then this remains a risky play. I like what they are doing at the moment. If cold pelletisation is proven to be a success it will save a fortune over the conventional method.

[topazfrenzy] 05/7/2018 14:56

Port news is imminent so stay invested and buy the dips as it will triple bag just for starters

[petebarnes1] 05/7/2018 13:52

ps cheers fox

[petebarnes1] 05/7/2018 13:51

lol and the whole crazy team appear how very lol

[no pah king] 05/7/2018 13:44

If that 50k at 9.52p goes I think we could see 9p tested