Member Info for CHRI5P

Data the placing you're talking about was 5 years ago in the May and the SP moved higher from about 0.5p and CB bought a large number of shares in the following June at over 0.6p. I suspect CB can't buy more due to the talks about the 2 possible sales.

I expect the reason to have a placing now is to improve the cash position for the year end results on 30th September. The results will show a stronger cash position now stopping speculation of an imminent placing needed before the end of the year. If good news comes in the next fee months a placing will not feature in investors minds.

P off

Yes, Castiron the mention of Luansobe and Ka****u for sale/JV is promising but cash is king and there are no guarantees. However, Kamativi is requiring more work after the exploration license renewal. I couldn't understand why we would sell Kamativi before the renewal.

Apology reincarnated looks like I got this one wrong - first placing in 4 years - no IKY deal.

So over the last few weeks we are up 30% and volume is much higher. A couple of large delayed buys today which pushed the SP up slightly. The volume of late is much higher. I suspect some traders or LTH with a trading pot have been selling but they have been matched by buyers. A 30% increase on much higher volume is very good news. We are due an RNS on drilling and grades so if these are positive I can see the SP move above 1.20 and upwards.

Denarius shares up 28% last night - give me my shares

Does Iky have more inside information from a mate in the tea room? We need an RNS to let shareholders know we've run out of sugar.

I think that there's no iky insider!

So in the last couple of days we have had a few large delayed sales and yet the SP's not moved which suggests someone is mopping them up in the background.

Good chance of news tomorrow or Friday. Will not speculate any further.

We have not had any RNS on the Zambian licenses since March which I do find strange. Especially, when you consider there's 2 OP mining licences ready to go, a possible IOCG asset and so much other potential for huge copper deposits. We have gone back to the Kalahari and even Ferber which to some extent had been sidelined to accommodate the Zambian licenses. Are there NDA''s on all 4 assets in Zambia and is someone interested in buying the lot? JLP is far too small but it feels like a huge deal could be in the making.

A few years ago we had an update on Kamativi drilling after hours because it showed Lithium. It would not be outrageous to have one before 6pm this evening!

Says someone who is clueless

Buyers comming back. Maybe we won't be down at the end!

I expect the selling is from investors who bought at 0.8p and happy to see a 25% profit. We hopefully will be getting some more RNS's with drilling and initial grades soon. Good times to buy.

The seller's didn't materialise yesterday so the buyers have the upper hand. Should go blue today.

I actually would not be surprised to see a RNS tomorrow morning on either the 2 completed drills or/and the initial test results which will not take long. Could be the re-rate of the SP we have been waiting for.

A great RNS and keeps the possibility of a huge copper deposit in p253. The SP held on to a decent rise even if it did fall back on profit taking. At it's best GLR was up 50% over a week. I suspect the buyers will outnumber the sellers for the next few days. I'm hoping for a few more good RNS's this month and who knows we might reach 2p.

Up 0.175p

I said GLR could or should be worth 6p by the end of the year. IMO licence 253 could be worth $50 million on it's own. So expect another RNS this week if not tomorrow on the initial grades and drilling completion on 2 more holes. SFR will be involved before the end of the year if the grades are there and pay for the work required so no dilution IMO. I believe we will keep a stake in 253 and let someone else pay for the proving up. CB in the Kalahari as sat back to see others prove up and I suspect SFR is now in a better position to do another deal.