Member Info for aunty

According to Glenover's fact sheet from 2014 on their website, GLRs share of the Phosphate/REE project works out at 76 million gbp at todays exchange rate. I think the phosphate prices have gone up since then

I think he'd had a few sherrys

From the same report, the stock piled phosphates are worth 55 million gbp. Don't know how you can separate out one from the other. Surely they'll have to be extracted from the ore at the same time? Whichever way you look at it, GLR has much upside. Don't take my word for it. DYOR.

Yttrium Oxide (TREO + Y2O3) according to GLR's own study (page 59) https://tinyurl.com/y7g8umco forms the basis of the economic assessment of the stockpile of REEs at Glenover. According to https://tinyurl.com/yaajt6fu Yttrium Oxide is forecast to be priced at 47usd/kg. This makes GLR's stockpile worth 1.755 billion gbp!

GLR will have nearly 40% of a supply licence that will last at least 15 years (!). A valuable income stream for years to come. Also, the rare earths have a significant value too. And this is only Glenover we're talking about

GLRs share of Star Zinc is potentially worth 679 million pounds at today's prices

It's actually a 69% increase in the stake. I'll have to redo my sums

They mostly do

Portugal. Tax free pensions ;-}

... and the licence is OK

No-one seen the RNS out? GLR upped their stake in Star Zinc to 81%

Good News!

FCR sp more than doubled on CB joining the board. Its just a general malaise in the sector at the mo

If they proved up 60000 tonnes of zinc then that would add 12p to the SP if sold on at an 80% discount say. That makes 42p with other stakes. If it was 5 million tonnes then �10 would be added! LOL

Maybe CB has found a buyer for Ferber, Glenover and Star Zinc and the company is about to be suspended ;-)

At least we have an update! Good news

Anyone know the value of what was in the ground at Kiawaras holdings at the time CB sold it for 1/4 million dollars?

True but it's nice to throw some figures around backed up by facts

I couldn't get to that scribe link. I guess I need an account, it's blocked at work. My guess is the share price wud be approaching 40p if sold at an 80% discount(let others do the work). Shame Concordia didn't materialise. I was looking at 80 to 100p for that but I guess in the end it was too costly to prove up

120 USD