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I would agree that CB needs to put caveats into his podcasts explaing the bleeding obvious that we and all minors are in the hands of the authorities when it comes to the issuing of mininng licenses.

BZT jumped 25% on the gossip of one on Wednesday. With GLR ready to go a RNS for Luansobe mining licence being granted and production starting who knows where the GLR SP will go.

So that would be one hell of an RNS. Mining licence and production started and a projected monthly income of over £1.5 million a month. Can't wait.

When CB says we are ready at Luansobe are we saying the contractors are also ready and we are just waiting for the mining license to be approved? I expect the contractors wilI be paid a % of the rocks delivered to I suspect Jupiter so we will not require any cash to start production.

The only certainty in life is death. However, CB in the podcast said that there is going to be a takeover of a junior and that GLR is in prime position. I want us to get the licenses in and production started, and all the drilling done with the JORC's in first. The market is on the floor and PI's have lost tens of thousands of pounds in AIM exploration in GGP, EUA, UFO, RRM and many more even though the outlook for the green commodities is looking great. However, a takeover of a junior is all it will take to light the fire of the market and GLR with its its assets and finances are in one hell of a good position.

Analytical I usually agree with you so I must be Colin's Bird!

I am pleased for EUA shareholders that the DFS is in - the very thing the de-ramper's were saying limited the EUA SP going forward. However, I will not get back in yet because of the Russia issue but might do if the SP falls back.

I have read up on the APF project with FQ again and I would take Luansobe over FQ every day of the week. Luansobe if the authorities allow will be producing loads of copper by the end of the year. APF have no control over the FQ deal and it will be at least 4 years until it is mined. If FQ doesn't walk away you give up 75% of the project at that time. Yes it is in the right area but the timescale, lack of control and the amount of the project given away makes it much less appealing than Luansobe, Shinganda and other GLR prospects IMO.

I think Flipper underestimating the need for cash. It is very difficult to compare projects properly and he might be right but GLR have more projects, received more money from SFR, have more assets to sell and cash (north of £6 million) by April and much, much more cash coming in. AFP will always need more cash and so dilution whereas as GLR definitely will not. I am not invested in AFP because GLR ticks all the boxes and AFP doesn't.

Is Shinganda the new Kiwara for CB? Amazingly, Kiwara was sold for €262 million and yet they had only a month earlier started a PFS. GGP also farmed out before a PFS sending the SP through the roof. What an astonishing group of assets we have.

Cashed up which is good news without having to sell are share portfolio yet. Star Zinc detail would need to be re Rns'd because we had ruled it out. So that could be a pretty nice RNS to receive. So many possible rerating RNS's to be wanting for it might be a blockbuster share rise this summer.

If SFR don't spend £4 million by the end of September then we get the license back with the work done so far given back to us. I suspect SFR will have spent well over £4 million and will be pushing for a JORC to then move to the PFS. Remember, the JORC will determine any bonus payments which could be up to £80 million. If that was to happen and that it be sooner than the market currently is anticipated and it is for the full £80 million then half of it or 4p a share could be given out to shareholders in the form of a dividend. Yes it is all speculation but IMO it is more likely to happen than EUA shareholders receiving a dividend and EUA are worth £100 million. Food for thought.

1. We are waiting for the licences and so no real numbers yet other than much larger than star zinc

2. When GLR know the programme of the mining to be done then if we are still entitled to the royalties and the payment of the unpaid £500k owed to us then it will be in a RNS.

CB can't confirm anything before a RNS but a estimate of the funding requirements going forward would give a huge hint/boost

For me if there is a podcast I would just like confirmation that we have money in the bank and money due to start coming in in 3 months time. It would be brilliant if Colin said that we are in a financial position to not needing to sell the SFR or Afrimat shares due to cash in the bank and cash through royalties and the cash due for April next year even if it means the directors pay themselves in shares. The assets will speak for themselves eventually and SFR will need to let us know the outcome of spending £4 million by the end of September.

Iky when you recommended Prem it was worth £220 million and today after a 25% rise it is worth £82 million. This is what I mean when I say over valued and why GLR could easily be worth over £100 million.

Things are so so different. Three years ago a AIM exploration SP would treble on a drilling programme and every AIM explora would have a P and D. Now a days it is more restrained and good news is expected. We have had many great RNS's this year but AIM exploration is on the floor. Eventually if the green commodities don't crash due to a severe world recession we will have our day. To think for GLR to be over valued we would need a double digit SP.

14 million of sells in last few days has held the SP back. Once they have cleared we could see a proper re-rate.

Yes North and South Rhodesia

Zambia/Zimbabwe in the 80's used to produce more gold than Australia which underlines the potential in these countries.

EUA had an inferred resource of $2,8 billion palladium equivalent and possibly $13 billion equivalent and it was worth £1.5 billion at one stage. It is still worth £100 million and the assets are in Russia!

A million tons of copper equivalents is over $8,4 billion which we will own 65% of and this was a sideline project. This could be worth £100 million on its own! OMG