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Well it looks like nothing from the Easter Bunny on GLR, just like Santa's sack was empty - maybe St George's dragon will bring something?
just want that sept/oct target on luansobe hit, and actually some guidance on the likelihood of that in the next few weeks would be right as it was said very emphatically by a couple of the team - come on CB, MC etc lets hear something!
IRH related:-
The copper Waste Rock Project scope targets the processing of in excess of 260 million tonnes of copper containing surface material.
I wonder where some of this copper might be coming from :)
Luansobe all being well.
Butterman when you own a huge area of land then chances of getting commercial grades on all 10 initial drills is zero. The fact that they all had some Lithium is very good news. It suggests that there is a large deposit but it will not be in every square foot of the licence. In fact the majority of the area will not be viable. You would be stupid to think we should be getting commercial grades on all 10 holes with only 1500 metres of drilling. We haven't touched the service (literally) but we have made progress in identifying targets.
Next door neighbour in the Kalahari Copper Belt
https://x.com/CobreLimited/status/1772750278988620255
Next door. https://x.com/kamativimining/status/1772903246916464894
14.36 great post BSMonitor. Totally agree.
Funky, I have read all of Iky’s posts. He refers to sources/ conversations around Kamativi being sold. But this doesn’t answer the question on why anyone would be interested in buying, if the Li grades are (currently) uncommercial. So that’s why I’m asking. For example is it because the licence Is between 2 others that are commercial, and that’s why someone would want it? Or for what other reason is it a sought after licence? I’m just trying to understand.
4 other targets there as well, happy days
Reconnaissance drilling at Kamativi - pretty good first off. If the next door neighbours are involved they will have a good idea. They will not just be mining the tailings imo, they will be looking for blue sky to keep the plant going - big investment for just a tailings processing facility.
P.s please disregard my input re kamatavi, last thing i want is to get innocent and genuine investors stuck IF things don't turn out good. Please go with official company updates etc.. gla
Guys I can not add more to what I previously have, without getting into trouble. CB took more % of this certain asset for a very good reason, yes i agree initial grades may not be blockbuster but there's more going on in the background and talk were very serious back in October/November with couple 3rd parties... have they fallen through?? Anyone's guess. But im holding and adding when i can afford to.
You can understand why Butler is puzzled. Iky believes there is good news on the horizon and I’m not disputing that but that doesn’t tie in with the low drill results. You wouldn’t derive good news from those. So are these old drill results and they already have better ones which they haven’t disclosed.
Anal...the pie in the sky was not a reference to drill results or potential of the assets..(I have no disagreement on this). The question was about timing..what does nearly there mean. You have stated previously you expect 2 to 3 asset sales/JV by Q2 ... this is pie in the sky. I hope your guesswork is right..I would be happy to eat the humble pie, but I suspect you don't do humility and if you are wrong you will just create another hubristic guess.
We should be pressuring the company to provide more facts on plans, holdups, timelines for all of the assets.
Butler
Maybe read back ikys posts, it's all there
Iky, The reconnaissance drilling on Kamativi showed signs of Li, but most were less than 0.3%, so not commercial. That’s not to say that further drilling could hit better grades (informed by the recent drill programme). So I’m keen to understand why there is view that Kamativi could - shortly - become a major mover of the SP. Would very much appreciate an education here, as I’m definitely missing something.
Quite a few buys today, can safely assume it wasn't Levi or kwakadu
Anal. Re nearly there
You've been saying that for a long time now. Starting to sound like the ridge game
No stock available
Soon them " 🥧 in the sky" will be "££€€$$" raining down on us faithful ones.
Its been a long road and a very frustrating one, trust me I know but boy when this bangs it'll bang.
It could be CB throwing many darts hoping one sticks but that one could do an easy multibag... two stick?? Boy are we in for some fun.
Guys believe me when I say kamatavi will make lots happy. Is this a ramping post, well I'll let the individuals devide.
I'm as frustrated with cb as anyone, but im not invested in him , im invested in the projects which i genuinely believe ( and know, kamatavi) will finally deliver to me what i waited for in 2016.
Colin mate don't you let me down now . 😘
1% average across all drill results to date for Shinganda is not pie in the sky. The next drills will be probing for limits etc. Pl253 in KCB between two Cobre licenses with PL253 flown for free by Sandfire, and BHPs involvement by way of grant is not pie in the sky. The recent discovery nearby Khomecau mine which was recently sold. with nearology to two other GLR licenses is not pie in the sky - especially as we have previously sold 9 licenses to SFR etc etc Maybe some research is required from several others as well. Cooper lemons involvement with Luansobe - surrounded by fully granted mining licenses is not pie in the sky, nor is the targets for copper production set by the government, the $15bn smelter to be built, the Lobito corridor rail investment, nor the largest copper mine to be built 20km away to the North, or the Mopani mine with UAE money 10am to the south. Etc. and with EU, Japanese, UK, Chinese, UK money etc pouring I see that as pretty solid for what is happening.
Let me put the question a different way; when we get "there" how will shareholders benefit?
Guidance please, how do you research forecasts? ("there" being in the future)
Luansobe licence within one to two months. If granted the Co has indicated mining begins by Sep/ Oct. Probably wise to expect some slippage given previous expectations not supported by detailed plans.
Other assets are still in pie in the sky phase, no facts available to say when "there" , so nearly there is optimistic speculation.
DYOR.
Care to elaborate on exactly where "there" is?
All good Iky. We have several irons in the fire. Nearly there.