Member Info for CHRI5P

The Lithium price is double what it was 12 months ago and so hopefully we will get the exploration license extension for Kamativi and Bulawayo.

My favourite assets in order of potential :

Shinganda

Luansobe

Kalahari own licenses (253)

Molefe

Kamativi own licenses (253)

Ferber

Bulawayo

NW Zambia

Kash^tu

Kalahari SFR possible bonus

I still believe Shinganda could be the one which is gigantic

Sorry make that 5.2 now late notice of trades

3.2 million of buys before 8:15 - no wonder the SP spiked

The last time they sold down in 2017 they did not let the market know that their holdings were below 3%.

Yes JL if Molefe can produce enough cash to 1, the cash used for part of the capex to start mining Luansobe and 2, raise the SP to have placings/exercise warrants to fund the mining plant fully. BZT only started their mining plan for H&G when they monetised their other asset to raise funds.

Alternatively, the Luansobe OP could be sold but Jubilee cannot afford to be the buyer outright and if they don't need the Luansobe ore then Luansobe is unlikely to be of interest to them unless they are going to expand processing and use their share capital for buying more licenses

So I have just talked to Barclays who are transfering my EUZ shares out of my ISA and I am being sent a certificate in the post.

This might be annoying but if EUZ trades on a foriegn market I can choose the appropriate broker. Otherwise, I can put the certificate in a frame if they become worthless. However, I do believe there is a value and I have over twice the number of shares in my HL pension.

Yes bottomsup for a company worth only £13 million this RNS today is worth at least half a multi-bag on its own. As I said in my first post tonight when it sinks in we should get a nice re-rate over the coming weeks regardless of any other news. This is massive.

For me £2 million + £10 million of Jubilee shares + the total capex cost for 51%

Jubilee cannot afford to buy the Luansobe OP mine

Additionally, any cash from Jubilee would involve thier own shares

Maybe Molefe is part of the negotiations. Jubilee wants to get Molefe up and running first before moving on to a deal on someone else's mine ore such as Luansobe and then Shinganda. Jubilee have said they would want control of the mine going forward due to previous experience. This means 51% ownership. Now the capex cost of getting Luansobe up and running is not worth 51% so for me there will have to be a cash element even for just the OP licence. In my opinion this is where the negotiations are being done.

To think this time last year we had 9 assets to sell/JV/BONUS and now we have 10. Apparently, our management have not been doing anything!

Well done CB and ignore the usual suspects.

Very good news today and I think we will build on the SP rise today once the realisation sets in.

The plan might well be Molefe first, then Luansobe and finally Shinganda next year.

This could be the start off something massive but we still need everyone to be patient, positive and the reward is definitely on the horizon

Yes, JL absolutely massive and worth the wait and due diligence required

So a little speculation:

Myles did say when we were delisted off the AIM market that he would look at other markets

If we are looking at a new RTO it could also involve a listing on say the AQUISE growth market which is where Marula was trading.

My own feeling is that the JSE might not be the only market if or when we nail down an RTO.

The moaners back in force I expect to stop the positivity progress we so desperately need.

Yes, Luansobe or Shinganda or both could be in the mix very soon. Let's all be positive

Yes a very good day up 12% but we need a lot more so let's keep the positivity going.

0.15 p up hopefully the seller's have gone. All positive

Negativity gets you nowhere. There is more to life than moaning your life away. We have so much in the ground for such a small market value and a management of such expertise and experience. This time next year Rodney!

Up 0.1p positivity