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Why do you reckon it will be end on next week Aeris?

Same old, same old...

When did I say I was convinced GLR would go bust? The points I make are generally to counter the over enthusiastic timelines and expectations. I agree with a l

DC..I appreciate it is only an opinion but quite plausible. If op is postponed to bundle with intermediate deeps after a re-proving drill program then let's not forget we are seven months after a Shinganda drill campaign for half the drill depth. I doubt a Luansobe drill would begin until late Q2, six months to drill, assay, update MRE, secure a deal...yes 12 to 18 months from now to monetise, by which i mean the Co receives funds ( which hopefully shareholders will see some of this time).

Lol.. if you can’t do that in your head, your method or your head is rubbish… you just need to post your calc if you want some help ;)

Lol..you don’t need ChatGPT or a pen and paper for that simple calc. On the cut off grade -how it is interpreted is not a maths skill..you must have had a rubbish maths teacher.

My point was clear ..seems your reading skills match your mathematical skills.

Yes. chri5p apologies JORC was 2 years ago. Nevertheless whether we don’t want to or choose is moot in the sense that CB had two years to ascertain where the interest was and whether further appraisal was merited.

Well here we are..narrative eventually shifting to can’t off load OP and too messy to develop it ourselves. The company had 3 years since JORC to sound out interest and anticipate whether appraising deeps would be necessary to widen appeal. We will be looking at another 12 to 24 months to monetise Luansobe if this route is followed. This means we would need to offload another asset to provide working capital.

Genuine shareholders deserve some to be kept in the picture. The realistic amongst us expect Luansibe to drag on to meet Levi’s timescales rather than the hubris of the CB fan club. That aside the lack of any update or exploration/ expenditure plan from the Co for over 3 months is contemptible

Does GLR really have nothing operational to report on all of these assets since the last update ages ago?

"..girlies are likely to ensure things overshoot for a bit...??"

you drowning in rum ****tails? enjoy!

Given the assumptions, yes it is of course good news that the likelihood of getting at least one licences is high. Probably overestimated though as the two Luansobe license success probabilities are not independent but even if you count them as a single entity probability-wise it is still 75% chance of success in at least one entity. Of course the all important time scale is not considered - if it takes more than a couple of years we will be in a fire sale or diluted to oblivion.

It might be simple maths but yours is not good enough...it is 87.5% chance of getting at least one license

This is getting bonkers…GKP are perhaps at a real pivotal moment and the board for some reason known only to loony tunes off on some self indulgent carp. Fair enough free speech and all that but do you actually think most on this board can be persuaded to this fantasy? Please spare us and whack off amongst yourselves Cookeye land.

They must be sniffing some strong stuff in cloud Cookeye land…

Thanks DC .. that makes sense

Logic defeats me .. the same argument applies to the existing licence yet we know there have been access issues for 3 years. Lots of questions here… why wasn’t the new mining license application notified to shareholders ..unless I missed it?

DC .. what makes you think they have successfully negotiated access with local councils for the new license? They already have a licence, granted 3 years ago, which has been held up by access issues.

DC..Is this license separate from the 4 year license granted in feb 2022?