Member Info for CHRI5P

Buyers return again - up 0.5p

Yes Bricks you make a very good point. However, that is the reason we are worth £2.8 million and not £14, million. Going deeper is to show that we might also have enough copper to add to the JORC. Cobre just announced copper from their drilling and are up 4 fold. This deep drilling could be the answer to a higher SP and a placing at a good price like in August 2020. DYOR

B123 we were up from .9 to sell to 1.30 p to sell in a couple of weeks which is up 45%. There will always be sellers taking risk of the table or who need the money desperately. The main thing is the amount of buying which looks very good indeed.

up .0.75p come on

We have been drilling 253 and found what we wanted to suggest a dome but no visible copper. If we find copper then 252 and 254 could be worth a huge amount of money because they were not in the final deal with SFR!

On the 16th September there was an updated list of the included and excluded licences. The included 8 were sold to SFR. The 13 not 15 in the excluded means SFR gets first right to purchase. The 2 missing from the excluded list 252 and 254 are not mentioned which can only mean were not part of the deal and we can do what we want with - this really could be massive which I think Data mentioned.
The money to be spent on the Included licenses is £3.5 million because we had already been reimbursed £500,000.
The JORC could take time but while it is being processed SFR could want to purchase the excluded licences at a much higher price or take us over for hundreds of millions. No wonder CB does not want to talk about what SFR are doing this deal on it's own could be huge.

252, 253 and 254 are part of the excluded licences that we still own and they could well be the cream at the top.

the sell is up to 1.3p so up 0.05 on the day

bid up to 1.20 p

We are worth £2.8 million which is absolutely peanuts so any sign of enough copper to mine and you will see a 4 fold in price. This happened to Cobra last week. Anyone selling this start of a rise could miss out big time. It is all speculation so DYOR.

Yes a chunky buy - surprised it did not mover the price!

Agreed Shed. I can't either be a 100% certain of a placing but drilling to 900m and we find enough copper and I am not saying we will would mean a multi-bag, I was in EUA but sold out mainly because I was invested in 4 other minors and have now sold out of 2 of them and only hold EUZ and GLR (one of CB's companies). There is even more risk with EUA especially now with the Russia war. The zinc and lead price has come back a lot and I not a seller but also have far too much exposure to add. Time will tell but after the last RNS I am more confident.

Exactly

Yes GLR is definitely not on the radar. Hence, you get massive mis-pricing. EUA was worth £10 million but had more than £2.8 billion in the ground, a mining license and a contractor in place. However, it was only when management talked about a sale and no placings when they were on the radar and rose to £1.5 billion (manage declared more resources during the period). The Russia war has effected them badly but the point is the same until the SP doubles you don't get that much interest. The value investor is a minority and it is all about momentum. I remember a person selling out of EUA when they doubled because their wife said to take the money and yet 8 months later they would have had over 50 times more. The traders will find out by New Year that they lost out on something bigger than they could have dreamed of!

1.25P to buy - 10 bagger this year

Another good interview. Nothing ground breaking because we were always going to increase the % ownership but it is before the big news which CB is quite confident about. The price was good and we will need to spend a lot of money on drilling which CB would have known about on Sunday when he said all the drilling/testing is covered without the Glenover money. CB did say that Kalahari will look after itself 6 months ago and it looks like SFR are well into proving the licenses up. We have so many exploration avenues and the sheer potential is mind boggling. I was pleased we weren't down today and so tomorrow could see another good day on the SP.

1.15 to buy up 0.05

1.25 to buy - come on

Quite a few buys yesterday, no sellers on LSE but low volume. If we don't get the sellers coming in today I think we might see a tick up to over 4p.

Quite a few buys yesterday and as long as we don't get the sellers coming in today I think we might see a tick up to over 1.25p.