The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
I must say I’m beginning to feel a little Ikyism coming on……………
My ‘flabber’ is once again ‘gasted’………I can’t believe that a project C/B picked up for $400,000 plus 5,000,000 GLR shares @ 1.125p only 14 mths. ago which now promises to pay some $30,000,000 pa to our coffers for the next 10 yrs and has a potentially massive underground mine in continuance which has already proven a strike depth to 1,250mtrs. @ 2% Cu and the SP drops 4% !!!!!!!!!!!!!!!!!!!!!
A little more patience obviously needed.
GLA
Surely the ore samples are at Kabwe for finite analysis as JLP will have complete faith in their own processes at plant……….but the ore is more likely to be worked through Mufulira I would have thought ?
What ever things seem to be progressing nicely.
GLA
https://www.asx.com.au/asxpdf/20230201/pdf/45l5vqzxt2vrq8.pdf
GLA
https://audioboom.com/posts/8229821-the-sunday-roast-colin-bird-special-xtr-glr-afp-ben-bell-qbt-nght-mex-tek
Happy New Year
GLA
I particularly like C/B’s closing synopsis in this mornings podcast………
“Don’t forget the Lithium”
A month or so ago when discussing Kamativi’s Lithium he said he had taken 2 phone enquiries that morning !!!! We have 700 samples out for analysis……..This could be sold well before Luansobe is monetised. Fingers crossed.
GLA
https://www.miningweekly.com/article/sandfire-launches-a200m-raise-2022-11-18
Indeed M/M
GLA
Couple of new things stood out for me Eddsy
Luansobe mentioned as 5,000,000 tonnes previously 3,000,000 perhaps upwards to 6!
Confirmed models to contractors shortly! (Not still drilling to prove up model as previously)
Confirmation that the “Major” did send their own “experts” and they have commenced their analysis at Shinganda!
Doing a full re evaluation of the KCB and feel “ very very good” about new fundamentals!
Very excited about the Nickel prospects at Bulawayo and beginning drilling quick time!
Reconfirmed 700 lithium pegmatite samples gone off!
Perhaps a few other snippets I might have missed………I also got the distinct impression that they would have really struggled to hold Colin back if Leon and Shaun had not been in on the interview!!!!!!!
Personally very pleased.
GLA
Referring to Shinganda C/B has said we “are looking at something big”…….It’s “big and looking to grow”………. “ possible IOCG”………. “Congo style mineralisation”…… “absolutely delighted with what we’ve found”…….. “inherited great geophysics”……. “Big”…. “Intriguing”…………
With a “Major Involved” I’m wondering if there is a nda in force? As we control 51% of the project our partners would surely insist on this protection at the very least?
GLA
https://twitter.com/Helioschariot/status/1586274440299442176?
Just reposting In case you hadn’t seen.
All news here seems to be falling on deaf ears, can’t work it out myself…….very frustrating.
GLA
Quoting C/B from Sunday Roast 16.10.22 [12mins.30secs in] re Luansobe.
“We know we have at least 3.5 million tonnes open pit material, possibly 5, possibly 6”
If we are shipping 500,000 tonnes of dirt per annum @ 1.75% Cu that’s between 7 and 12 years of $40,000,000 per year to us at a conservative $5,000 per tonne.
The SP has to rerate soon………surely………..
This project alone is due to go live in early 2023 ffs!!!
GLA