Member Info for CHRI5P

13% up and hopefully more to come

I used to be invested in EUA but sold out to invest elsewhere. I cannot believe the £100,000 is a big deal and CS did not feel the need to inform shareholders of the impending court action. I suspect EUA will settle the monies apparently owed if they need to before it is too late. For me the bigger issues are tied to the war and the inability of EUA to actually achieve anything. The question is at 2p or £58 million is EUA worth a punt and do you believe they have massive resources to be extracted when the war ends. I fear the war will mean EUA will go private but that is just my opinion.

My own opinion is that Denarius will want to increase the footprint significantly before they take up Option 2. Yes it will mean a huge amount of money to prove up for the PFS but it will be worthwhile because they will own 80% at the end of Option 2. Mean while we have £2,000,0000 + 20% of a much, much larger mine. I am very pleased with the progress of last year and these next 15 months are about enlarging the resource possibilities and getting the licence through to acceptance.

They're increasing the area hopefully so Toral could be a considerable deposit. Cash burn reduced ďue to the separation of EMI.

GLR have an unbelievable number of opportunities which are so far funded. There is also a huge number of pending RNS's to be seen this year and at 0.875p what a bargain. No amaizing news in October dose not mean it wont happen next month.

No one

KAV after the share subscription will have a equity value of £10 million which is high compared with other companies in the area considering they have no proven drills and no partners. The only thing is does their big investor know something that know one else does which I doubt it. I suspect they are taking a massive punt in a desirable area. There are far better companies in this space who are getting the drills done, who are valued less than £10 million and already have a partner, JORCs or both. If it was not for the PUREBOND madness this SP would be below 0.2p and it might get their in the first half of next year when the money will mostly be gone. However, they might at last get a decent drill off but even then it would have to an amazing one for the SP to be worth 0.8p

BricksSA I don't know what you're going on about. If you have read any of the RNS's about the agreement this was part of Option 1. When you have a MLA in it overides the expiring exploration license because the reason for receiving an exploration license is to complete an MLA. Additionally, you are now aware that you were wrong when you were adamant we would need a PFS first before the MLA. Everything is going to plan since the agreement with Denarius and may it continue.

Shed the extra drilling was a bit opaque in the agreement along with increasing the area but Myles confirmed on the podcast it was to increase the deposit for the PFS which I did take for granted.

From AFP website:

Group Statement of Financial Position

As at 30 June 2023

Unaudited Audited

30

June

2023

Current assets

Trade and other receivables 21,785

Fundraising debtor 414,600 -

Cash and cash equivalents 389,519

Available -for-sale investments 4 -

Total current assets 825,904

Cyber I thought it was the cash position in the accounts end of June 30th and well after the placing. AFP have not received anything from SFR yet.

Someone on another board posted that back in the day GLR went up 750% in 3 weeks on the back of no news just drilling expectations , even Birdie could not explain the rise which did not deliver. This board might speculate on the results which are available but not on future drilling results. Some people want to go back to the old days but that will never happen or should not be hoped for. We will rise on the news flow but not on the speculation and the news flow might be very good over the next 12 months.

I have been following AFP and have read their RNS's. It is great we have bought a license close to the FQ earn-in but I would not be a buyer of AFP. The FQ deal is on the right track for 2 of their licenses and maybe another 2 by January but this is going to take a long-time and AFP only had £400k left after the last results and the placing so another placing is imminent by the end of the year. SFR is also not interested in AFP's licences. The FQ might be a gem but a lot of proving up to be done. For GLR we might get a similar deal with FQ or a major on our new licenses but we have many other explorations including the licenses with SFR which might transform GLR in the next 6 months, hence why I bought another 500,000 GLR rather than diversify by buying AFP.

What content exactly? Your posts are just pointless and state the bleeding obvious. Filtered

Iky we are all disappointed about the SP even CB so instead of spouting the bleeding obvious do you actually have anything constructive to say?

I also herd Myles say that they are hoping that stage 1 is completed by the end of next year which would be a year earlier than what Denarius would needs to do.

Agreed Cjen. However, if you listen at the end Myles confirmed that we have basically just touched the service of the total deposit that was included in the MLA. Not an exciting Myles performance but there was promising detail.

My view was there was going to be much more drilling to improve the resource area with attaining an exploration licence for Antonia. I was thinking that the PEA would be as much as a funding exercise for Denarius to complete Option 2. If the PEA comes out as expected or better then Option 2 is a done deal and Denarius will want and be able to fund the next stage.

Agreed Cjen and Shed. I also believe EMI will be applying for an exploation licence for the Anitonia area before the end of stage 1. However, this. is not a stipulation of the option 1 anymore.

So the MLA in and the PEA with more drilling to come. Funding is not an issue all good.

I expect the MLA is already in and we await the new drill grades. The results are due end of the month so not long to wait for an update. The small cap eploration firms SP are on the floor. Denarius are at an all time low like EUZ and many others. Let's hope for some posive news