ANS 0.00% 1.7¢ austsino resources group limited

That interesting CrackerJack4. Quoted from that article:Minister...

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    That interesting CrackerJack4. Quoted from that article:

    Minister of State, Minister of Mining Industries and Geology, Pierre Oba (Congo-Brazzaville) quoted as saying;

    "
    https://hotcopper.com.au/data/attachments/6166/6166855-18573ccb66a2c4c8f595e19cffa0ee92.jpg"

    This has future knock-on effects for the Zanaga Iron Ore Asset owned by ZIOC. (2.1Bt Ore Reserve, 6.9Bt Mineral Resource, High quality product, 68% Fe content) which originally proposed a rail transport option, but then chose a slurry pipeline as the preferred method due to cost and efficiency.

    Either way, mention of 'Kouilou' (a Region) in the above speech, gives further indication of scope for the 'megaproject', to intersect with and funnel multiple mineral/iron ore assets through to Point-Noire (port city and oil industry hub). Who's to build the slurry pipeline?

    Kouilou (pron. Kwilu, Kuilu) is a department of the Republic of the Congo in which major port Point-Noire is located.

    https://hotcopper.com.au/data/attachments/6166/6166859-056656793b6b72ec630081ef0c285f8f.jpg

    This 'megaproject' is exactly that. We're perhaps starting as the 5th Largest Iron Ore play on the planet, then expanding? Quite the opportunity!


    Last edited by Praetor: 13/05/24
 
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