Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Could be next. Drilling the 'wedge shaped' anomaly/mineralisation which runs parallel to the Shinganda Fault Splay now the coffers have been replenished.
I must admit, well done Colin for posting a RNS about the sale of Glenover today. Much appreciated. We can now look forward to progressing our other projects with a much stronger hand without the need to sell low to keep the lights on or issue a rights issue. Again, well done.
I have my fingers crossed for more good news soon regarding the open pit. GLA
As a holder of other CB shares I must admit GLR looks the best positioned . The 370 k shares in Sandfire ( i think this right qty) are even producing a small dividend . Onwards and upwards please.
I agree WWT.
Looking forward is now the much better and more rational option - things are slotting into place for GLR. I expect a PR push once the RNS around the mining license issued - even though it is approved in the MLC 79th Results, shown fully as an active license on the Cadastre etc.
I also hear that the roast guys were with the Cooper Lemon guys today. And CB will be having a discussion with 'the hive' telegram group in a few weeks time.
GLR has no debt, it has ample funding for the next year or more, it has Joint Ventures, shares in SFR, licences in the Kalahari and now a 10 year licence to mine Luansobe ... the list goes on.
Comparing GLR with other companies associated with CB whilst failing to compare assets and financial standing is disingenuous.
3CB, I'm with you.
I recognise and applaud CB for Kiwara, great success.
There have been failures along the way as well, the least said about BMR the better and there have been projects which didn't turn out exactly as promised!
Out of all CB's public companies there is only one where todays share price is higher than one year ago and that is TIR and I don't think they do much mining!
Yes, we all want to make money and hope that CB is more than a one hit wonder, but a touch of realism is reasonable. Read some of his other company's boards, hardly over flowing with joy and comfort.
I've said before and will continue to say, CB is too thinly spread, multiple companies, multiple projects in those companies over multiple continents.
Let's hope for a good succession plan.
P.S It's a 10 year mining license valid until 23/04/2034. Then renewable as is the standard process.
I am very depressed today as we received 2.1 million ... is that ok for you 3cardbag ?
3CB, Kiwara is mentioned by CB because it was an exceptional achievement - rarely matched on AIM/ASX/TSX juniors. Jubilee was set up by CB. He also named FQ. IF he can repeat any of that success here then the market cap will respond accordingly. We now have a mining license, more cash, liquid investments, an investment from Sandffire, and fantastic acreage in Zambia, Kalahari and Zimbabwe.
Chief Ramper.
Wow. When did you become the post police?
Well if its not you as Texaschaser they sure have the same mindset and post very similar posts ... go take a look.
As for the rest of it ... yawn
WWT. just for the record, I have never even looked on ADVN much less posted in a different name.
You're completely missing my point in which my previous post was a counter to the usual "here it goes, there she blows" posts about the sp, when in reality, it jumps up a bit on news, partly due to MM spread, then sinks back again.
Only a big sale or commencement of mining will see a meaningful re-rate in sp and it's all down to the lack of trust in Bird due to previous habit of overpromising and under performing. Once again we hear him boasting on Sunday Roast about his only meaningful achievement 15 years ago.
Until it happens I will remain a hopeful sceptic and continue to call out the usual suspects when they ramp.
One day ...................
Yep ☹
Same old story... 😴
I would simply love to know who keeps selling into the rises?
Is it simply day traders, or is there some larger seller in the background?
It makes no sense to me. I really hope we get an almighty boom RNS with huge asset sale, and the sellers get caught with their pants down.
Shame the news has been sold into again.
The 2.1m has negated the need for finance anytime soon so thought there would be more buyers.
Anyway at least the money is there which makes me feel much better so long as it is put to use to get things moving.
Pretty sure 3cardbag is texaschaser who posts on ADVFN as they often post near identical posts. They were saying yesterday no payment would be forth coming and as it now has arrived it will only only last a year as open pit will take at a least 18 months.
So they were wrong on the first subject, have now changed their approach (this is called deflection) but is taking Levi's 18 month prediction on as gospel.
I expect an RNS on Luansobe in the next week or so after all the legalities are finalised ...
To see what the sell price is lol
Wow. Another meteoric rise in the sp following more news.
Still shouldn't take birdie and crew too long to burn through 2.1m smackers eh?
Just tried a dummy sell and got a quote...
Why on earth would you want to - unless for fun ?
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‘Special’ update 😉