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Maybe I miss something....

Of the 36 million gross profit, 27 million is due to GLR.

19 million levels the losses - this will not incur tax so provides a very big war chest to advance our other assets. Remaining 8 million minus tax on this and all royalty payments is available for dividend distribution? Still a big yield at current SP so should cause a re-rate.

"Only after tax and royalties could they share out in accordance with the profit sharing ratio"

By profit sharing ratio you mean the 25:75 with Statunga?

Can you clarify whether 75% of the annual £36,680,000 profit is due to GLR pre-tax (ignoring initial investment)?

Ok fair enough but not the estimate I was referring too, but a clear breakdown for discussion.

Main question for me is the cost breakdown..is this some info you have been privy to or is it more a guestimate to arrive at a total cost guided by a 0.25¡% cut off?

This isn't what you said previously (your calculation late January, which also included Statunga ) but I am getting bored with the re-write of history. Point is, Data's last input was a ball park that is not pie in the sky imo and would also be most welcomed.

In a sense yes, that is our business model but I wouldn't expect any non-core asset sale in the near future until further proving up which may get accelerated by a cash injection from a core asset.

I don't believe Luansobe OP will be sold outright. The message from RNS' and website is that a mixed outsourcing production/processing is in preparation and I always thought the idea that this was a ruse to tempt buyers queuing at the door to cough up was fanciful.

I don't believe that all costs, including profits of third parties are wrapped up in the 0.25% cut off, which according to Ana would yield a nett pre-tax profit of 15 million (applying 8% ) to GLR. I think the ball park estimate fro Data of around 3 to 4 million is more reasonable. I do believe that this itself is a big game changer and will sustainably lift the SP by factor to to 3 if a significant chunk of income is distributed as dividend.

Good news from Ferber..things advancing at pace shows a very good agreement with BCE. Also the RNS gives a firm timeline for next activity - more positive signs I would say.

Also CB says lots of things..please deliver

Indeed Junior but you spell this out like it is a road to Damascus moment..it is common sense. Get one asset monetised soon and the pressure is off...I don't care if it is not Crisps 6 bagger by the y/e, better to take discounted (but not stupid low ball) offer that gives some shareholder return and provides capital to expedite the advancement of the numerous good assets to the big potential returns.

As you say the mood music is changing - CB seems to be reflecting concerns but for Luansobe in particular I hope we have moved beyond this "exploring" options which is just another exploration phase albeit not drilling

The words are good and show that CB has at least registered the gripes expressed here...so yes Crisp it iis the duty and right of shareholders to to express their views even if you don't like them.

We can take it that CB is tying to monetise at least Luansobe, K..Tu and maybe Kamativi but we have no idea of current status. The question is whether these are quite advanced and he is really tightly bound by NDA'S or that it is proving difficult and progress will be slow. Please at least give us some indication where we are.

There is a negative sentiment down to the uncertainty over the dwindling cash pile and the growing risk of dilution. The company hopefully will land a deal soon but failing that ill have to address this concern in the announcement annual port due by the end of next. It's a gamble to load up in share given this risk but good luck to those that do - we all hope it pays off

Crisp...Junior claimed CB read the boards and encouraged posters to air constructive suggestions. He probably ticked your post up too.

Several of us have been calling for a Company board revamp when Junior was still on the potty. Glad he is on board now...hope his email powers of persuasion actually deliver.

As usual vague and totally inadequate with respect to plans. What does "near term" mean? This is an expression of an aspiration not a plan...why can't they say we plan to drill in Q3 2025 for example. Are they so uncertain about our cash position that they are hamstrung in committing to operations?

How's the campaign for improving PR and appointing a PM going? Is the company lapping up your constructive whining?

Why would anyone disappear from a share chat board twice and remove their posts, and return .. the second time was within a ,etter of days and with a new moniker. Just playing duplicitous and untrustworthy.

Can't have been that interest a day then.

IHe doesn't have any info...just a Water Mitty aided by AI chatbot. Remember his 2 sales by Q2 last year?

I don't see any response from the company in regards to improving PR or appointing a PM. What do you plan to do about it?

The potential solution has been stated endless times now. CB needs to improve PR and yes I'll keep whining until he does. That's the trouble with using AI bots to formulate your posts, they are only as good as the training sample and just regurgitate the same answers