Member Info for CHRI5P

Iky's taking the high ground now and I unfiltered them a few weeks ago.

Maybe Iky's RNS will be out tomorrow morning!

BricksSA I suggest you read all the RNS's and you'll find what you're looking for. However, it is amazing how some people will spend their time on something which is really not a concern to them other than revenge on a company they lost a huge amount of money on. Bitterness is a dreadful state of mind. Filtered

Yes, the MLA is in and we did not need a PFS to submit the application and yes you were wrong and again yes I think everything is going to plan regarding last years agreement with Denarius. I am not concerned about the MLA but I don't think is guaranteed. I also think the document you posted could be out of date. EMI and Denarius (who you invested in apparently) are not fools and I expect they have done their due diligence but at 2p I would suggest EUZ is valued at a price that the MLA will not be accepted and EUZ will be sold as a shell company like some other poster suggests. However, if the MLA is granted and the area of the resources increased then EUZ will multi-bag many times.

I have never, ever said the MLA is a formality so please get your facts right. In fact, EMI might need to submit more information and even then nothing is guaranteed. However, when I sell out of a company I won't keep coming back like a bad smell.

Why are you worried BricksSA I thought you had sold out? I have had many investments where the exploration license ended but the analysis still went on due to the MLA being submitted. You really don't need to worry yourself about these minor details anymore.

I agree to selling Luansobe because apart from the licences it is ready to go but at a good price. Kamativi needs huge levels of funding to package up and sell and has a large shareholder I would not want and would cause me to sell some shares to reduce my risk to the management over commiting. I sold out of HZM due to the huge funding/dilution that they proposed which funny enough IMO increased the risks of total wipeout. Look at HZM now.

the margin of errors are still quite tight with the 2 million ton rule and will be dropped to say 1 million or 500 thousand if copper prices rise substantially. bushranger did not meet the 2 million ton marker due to lower grades than what xtr/aa thought were present. if copper rises then xtr will get a new deal. this is exactly what cb is banging on about and rightly so. i know people go on about cb but he doesn't over spend on one super project raising huges somes of money and massive dilution. what tends to happen is that the grades tend to be lower or the resources prices crashed like in 2010. there are massive risks in exploration but over exposure and huge funding/dilution is down to management **** ups which cb tends to avoid.

Agreed Data. I would be very happy with a JV like we had with SFR on Kamativi but we shouldn't go it alone to prove the area up - we are not big enough for that.

Iky I don't agree with the negativity concerning GLR but I don't want you to lose money in other companies. I might even like you as a person outside of the board.

The best time to sell an AIM minor is when you have your DFS or after you have raised money for the construction of the mine. In theory it should work but in practice the unforeseen risks and consequences are there but the SP is priced otherwise. CB knows this and leaves the unforeseen risks and consequences to the larger miners who have deeper pockets.

Would not be surprised if we have a SFR update on the licences and licence 253 - there will be one soon.

To think Kamativi and Shinganda were just exploration areas to drill test 18 months ago and now they might be worth the most. This is all extra on the Luansobe, KCB and all the others we were monetising - how on earth do we not have an SP of at least 10P?

A small fall today which is normal profit taking. If you even take a pinch of salt from the noise from the AGM the next RNS could be about a deal. Over the next 5 weeks it could be an RNS on the acceptance of mining licenses, sale of an asset, SFR update, 2 lots of resources data or a drilling program to start in our new recent purchase or even Ferber. The news could be so immense that Iky's October could be GLR's December 2023.

Options, options, options, brilliant. I have a large stake in GLR now having been accumulating below 1p lately. Maybe that is why I would take 9p. for the lithium asset. However, CB did amazing selling our licences to SFR without hardly any capital cost knowing that the cost to prove up would wipe us out in dilution. Arguably, XTR should have made AA pay more upfront now more intensive drilling is known. I would take a good pay out now on any asset rather than complete 2 years of more work like XTR to find out the asset is not worth as much as originally thought, there are no guarantees with extra drilling. If Luansobe can be sold for a good price then sell it but not to fund an exploration that should also be sold on a very good price. My friend who is a good poker player once said make sure you get paid on your good hands but don't over play your hands.

9p a share - yes I would take that

Thank you data - things are really coming together.

XTR in thier initial drilling of their IOCG multiple bagged by 8 times. This was at a time when the projections for copper demand was no way as tight as today. Any deal we might get with AA if the data is good would be at different level to XTR's and AA would have to be far more committed upfront before a PFS.

Agreed Butlerman but it is still on for a projected IOCG which is very good news. Time will tell.

Absolutely massive