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they awarded themselves these options now because they know that there is a high probability of the share price multiplying in the short-term and they don’t want to miss the boat.
Why not award yourself options at 1.3p, 1.8p when in 6-12 months they could well be 4p+

This is a good endorsement of the project’s potential that directors (and employees) are awarding options at premium prices.
Also interesting to hear that the recently acquired Botswana licences not only have copper but also Nickel and Platinum Group metals potential too.

An excellent bit of news today, a new drive to win contracts in the American market is noteworthy.
USA has the biggest railway network in the world by rail network size, it is ageing and in need of major maintenance and improvement. The company’s flagship product corridor.ai can make a big and cost effective input to rail infrastructure inspection and monitoring. This also includes Canada who have a sizeable rail network too.

FinnCap’s note today mentions a number of potential partners:
“Avacta indicated that it is seeking a partner to develop the project, and given the interest in this field (eg. GSK, AstraZeneca, Regeneron, Eli Lilly, amongst others) this is quite possible.”

Freedom16, there is a very simple answer to your question:
Investing is all about risk and reward, of course there are risks, but if you wait until these risks have been removed there will be no reward.

Computacenter have today issue a strong trading statement with business booming.
“the information technology kit and services provider said it expects its first-half outturn will be considerably ahead of the first half of last year”
Come on Cloudcoco, keep up with the big boys. They have claimed that they can shake up the market with a more responsive, customer centric and nimble operation, so come on lets see the progress...

Not sure if already posted here, an interesting article about other Interferon trials showing positive results

https://www.nbcnews.com/news/latino/cuba-bets-their-biotech-industry-race-treat-coronavirus-n1206096

Is Bitcoin finally decoupling from the market indices like it was originally intended?
As the world creates an unlimited supply of dollars and other currencies (dilution) the supply of Bitcoin is a fixed and will never get diluted.

In terms of Glenover this has been in progress for a good few years so it really should be imminent.
From the last update the final piece of the jigsaw before they get the mining licence is the water use licence:
“ Glenover held a number of meetings with the DWS (Department of Water and Sanitation) to clarify certain DWA queries with regard to Glenover's design proposals for waste disposal.
The DWS record of decision remains the outstanding issue for DMR's adjudication on granting a Mining Right for the Project.”
I’ve been informed from a direct source that this has passed the engineering and finalisation stages and is now in the decision stage, so clearly is imminent.

In terms of the customer for Glenover’s Phosphate rock - this is very likely Omnia Holdings who need raw material for their newly constructed nitrophosphate plant in Sasolburg.
South Africa has to import 80% of it’s raw materials for fertiliser, so a local source of raw material is very attractive. I believe the plan is to truck the Phosphate rock from Glenover.
In terms of the REE, I understand that Colin definitely wants to keep the processed ore so that it can be extracted into rare earth metals. There is another rare earth play in SA who might be keen to buy this ore as well as other development options. It is after all critical metals, in very high demand.

Some decent buys this morning, are we due a progress report?

As mentioned the Botswana copper licences are very promising and in a new exploration hotspot where Sandfire Resources and Cupric Canyon are both developing major high-grade copper projects nearby

It will be interesting to see how the broker option shares will be allocated, especially as the CEO, CFO and Chairman all subscribed for 16,666 shares each. No idea why they didn’t subscribe in the main placing as some of the other directors did.
I can see the broker option shares increase to satisfy demand, they would be silly not to..

Indeed good news if this seller is done or nearly done, he’s probably been a drag on the shareprice for a while

I think you’ll get some weak hands exiting around these levels, those who have been unable to sell in months/years, always happens, but once this barrier is out if the way, should see a next leg rise towards 2p. I’m happy with steady 10-20% daily rises rather that huge daily surges that cause volatility

Just had a look on the 5 year chart for GLR and it just puts the scale of the last big rise into perspective, I’m not saying this current rise will match that but when this gets going who knows where it will reach..

Market is just waking up, a further rerate to the Botswana copper project acquisition. I still can’t believe how they got that project at such a bargain price, a real coup by Colin

BTC might break through $10,000 at this rate.
Last year when we had $10k bitcoin, ARB was trading in the 8p-10p range and now we have the latest hardware and are mining more bitcoin

Excellent copper acquisition! on very cheap terms too.

Great update and mentions that they are in formal discussions to supply zinc ore to Jubilee as soon as the zinc circuits are ready, which should be soon after Covid restrictions are lifted.

The following near term catalysts will drive the share price higher (first 4 are imminent):
1) Mining Licence granted for Star Zinc (Zambia)
2) Offtake agreement with Jubilee Metals for Star Zinc ore
3) Exploration drilling plans for Kash*tu (Zambia)
4) Mining Rights granted for Glenover Phosphate and REE (South Africa)
5) JV or Offtake or outright sale of Glenover to MPP - Major Phosphate Producer (South Africa)
6) Sale of non-core assets (100% of Ferber Gold project Nevada, 15% of Concordia Copper SA)