Member Info for CHRI5P

Iky are you anoyed you didn't get paid for your ramping last October - or did you?

I would take a 50 million RNS next week

I agree Ana and Luansobe is substantial but it will never be the mother of all resources from the available data that we have so far and the cost to drill the deeps which is very deep will not be cheap.

FS it would re-rate far more on a £50 million pay-out instead of a possible/subjective taxable future annual profit of say £10 million for 10 years.

If the price of copper actually falls in 2 years time we will have lost the opportunity to sell Luansobe at a good price. We have plenty of other prospects if copper, gold, tin, zinc, nickel keep rising and Lithium starts to rise sharply. If we are successful with the second part of the Luansobe mining license we will have reached the highest payout to cost ratio and for an exploration company would be the perfect time to sell. Luansobe will never be the prize asset unlike Shinganda, Kalahari, Kamativi or even NW Zambia (needs a lot of work) could be.

I have been investing in AIM mining/exploration for over 10 years. The time to buy is before everyone else is on the same page and the markets realise you have a huge mining resource. The time to sèll is when the funding is in place before you mine because theory/data becomes reality. Hence, the most profit comes from proving up and not mining the prospect. Cash in the bank is a far better option than projected income from runing a mine and far less risky.

Due to the long wait in announcing the Luansobe mining schedule I am thinking a sale is definitely on the cards. It is just a question of price £30 million, £40,million, £50 million time will tell but it will happen soon.

Iky when I say 'nervous' it is towards the seller not the moaner

I think many strategic PI's position themselves before a potential huge rise while the nervous PI's lose their head, sell and lose a lot of money just before an SP re-rate.

Raising the pension age is a right wing policy while introducing a means testing is a socialist left wing policy. Super majority Labour government!

The state pension is a benefit and even the stupid Reeves did not realise this.

Ana I have 98% of my money in ISA''s, pensions and VCT's why wouldn't you. IMO on the politics Labour will be coming after savers and I now expect the state pension to be means tested within the next 15 years and sadly in my opinion the Tories are finished. We don't need to go into the politics of who we voted for but for me the damage of a super majority is done and we wiĺl live to regret it.

Hi everyone. I am still very positive on EUZ and once all the weeds have sold out this SP can re-rate. The ML will hopefully be granted and the PEA with the 3 year increase in the resources average prices and increased JORC the PEA can demonstrate a very profitable mine in the making. The stage 1 is expected to end this year with an increase in exploration land ready for a $2 million payout before year end 2025. A PFS is also due before year end 2026. At £1.3 million this must be the bargain of the century.

A good interview and for CB valuing Luansobe at a multiple of our £12 million SP valuation is amazing. For CB to not hold back suggests a sale is near and the SP will multi bag quite soon

This is similar to Luansobe with not only resources at depth but also open pit potential which the third drilling campaign will test. However, the size could be massive.

Impressive RNS on Shinganda

Bloody google invest not interest

I think if you've losing faith in a company then you should sell and move on. You should never interest in hope but in conviction. I am convinced we have an amazing portfolio of prospects. Shinganda is my favourite and we should sell any prospect at a good price and don't spend too much chasing dust.

The turnover of the copper from the Luansobe open pit is $50 million for 10 years at current copper prices. That alone should value GLR above $50 million.

Open pit wise Luansobe as twice the copper of BZT's HG and AFP's Ongombo put together.