Member Info for CHRI5P

So BZT as doubled on confirmation the OP will go forward with the purchase of a processing centre near by but the funding will be very dilutive. However, investors are looking on the potential of the OP. GLR's OP at Luansobe is 3 times the size of BZT's so just on confirmation of the OP without any funding details should see GLR's shares increase quickly and substantially.

Yes, JL in size of total deposit which suggests CB thinks Shinganda and Kamativi are as big as Luansobe in total.

Great news on Ferber and thanks to Trump for the push. So CB was clear that Ferber could be in the same league as Luansobe, Shinganda and Kamativi!

Exactly FS. Any share that as the possibility to multi-bagg by IMO 50 also as a much higher possibility than a company like say REO to go to zero. REO is unlikely to multi-bagg in a year. It is called risk. It is extremely stupid to moan about a very risky share like GLR being down say 50% in 12 months because it is quite likely and expected. Prem was down by 90% in 12 months and even I would be xxxxx off. I think too many investors are completely blind to risk. IMO GLR is worth 6p today but I realise it might be zero in 4 years time. I heard a trader say on Bloomberg that an investment is a trade gone wrong and I reckon this board is full of them.

JL a uk company cannot payout a dividend if they have accumulated losses and ours are £19,676,000.

Sorry to miss lead but Ferber did not have a JV but another asset in Nevada it owned did.

JL we need to make £19,676,000 of profit before we can payout an ongoing dividend. So a monthly revenue will take years for a dividend payment. So realistically we will need atleast a£30 million sale to provide a 1p dividend.

I am not surprised about Ferber considering the US determining copper an important mineral last year. Additionally, I think CB is confident that there is copper and gold in the region, hence retaining the licence. We did accept an JV on Ferber over 10 years ago but the deal fell through I expect due to lower copper prices. Today, you can get funding to search for copper in the US, the copper price is close to record eyes and we have at last found a partner

Luansobe is worth millions but it is not easy finding a buyer big enough to pay the true value. That is why I am supporting the management rather undermining them with idiotic posts which are not helpful and have no fundamental analysis or any constructive dialogue.

JLP left SA due to not having control of the mine so they would need control of Luansobe. However, they can't afford to pay GLR the $50 million it is worth for the OP. JLP only mine OP's. The only solution is they take over via promising a % of the ore in dollars which is what JLP announced last year but no or very little upfront cash. So green boxes will not be happy.

I am not sure about JLP because I don't think they're big enough to pay the true value for Luansobe. Great RNS and the US government are paying huge grants to find copper in the US. I expect the green boxes are going to moan.

Good post JL, I don't want rampers but moaners are even worse. SP up

The funny thing is this is what usually happens before a 20/30 bagger because no one is interested in GLR and everyone is selling. If and when the knockout RNS is delivered the SP will rise 4 fold in 2 sessions (like EUA) and green box's will sell out too early and not be able in their mind to buy back in and regret what could have been. I am not saying with certainty GLR will multi-bag it is just IMO.

4 years ago we had the odd green box and SP would go up on good news. Now everyone is moaning and the SP is falling on good news. You idiots who actually are long-term investors need to wake up and smell the coffee. It beggars belief how on earth you think management will listen to you from a board. If I was a new investor I would stay away and forget researching the facts. You cannot be invested in GLR because you must see the damage you're doing or be as thick as xxxx.

The 1,000,000 was my buy today

So CB seems to have got BZT going after a couple of years waiting for the start of producing copper. Well done and I made a mistake selling but that's life. It does show CB can get things done. Luasombe is much bigger overall land BZT is still down more over 5 years but it might have turned a corner.

Or option 5, OK with management and the difficult process of dealing in Southern Africa and continuing to buy at these obscene prices. I'm on 5 on the basis of RNS's to date. Next report only 6 weeks away so an update IMO is pointless exercise and a waste of money. I just want positive RNS's like today and we might get one tomorrow on one of many assets. I suspect the sales today are from investors worried about a placing due to the many drilling RNS's we have had so far this year. This is nothing new and one day we will need a placing if we don't sell a licence. This is the risks of investing in exploration and I am and have always been aware of the risk of dilution but our assets are worth 20 or 30 times the value of the SP IMO.

Without CB there would be no assets!

The importance to the RNS is that we are copying what was done next door and finding copper. How can that be negative.

Anyone who wants new management should be selling because to own a share in a company with apparently poor management is utter stupid.

Given the context an important update on huge potential in our Kalahari 100% licenses. However, will not satisfy the green box's.

Sorry 0.8p

Some people will be happy to be wrong if they make a packet and so moaning about an investment decision is a win, win because if I am wrong I make money and if I am right well I hold the higher ground. I once bet on Israel national football team to beat Russia at home due to getting 13/2 odds and Israel had not lost at home for over 12 months. Israel won and I enquired with a bookie why the odds. They said virtually everyone in England was betting on Russia because if Russia won then England was out of the European cup and thought this was a win, win bet. It might understand why shareholders have such a disdain to a company's management if it means they can hold the higher ground if proved right and they lose all their money. For me I would just sell my shares rather than take the higher ground.

Managed to get another 1,000,000 shares today but it took 3 buys to do so at 8p.