Member Info for CHRI5P

get the funding deal soon to take us to the big funding which is when the banks and loans are being put in place for the construction of the mine.

BrickSA, I think we can get to September/October at least without a placing but hope we get the funding deal which takes us to the big one in say 2 years time.

Over the past 12/24 months we have seen warrants exercised and shares used to purchase explorations and so I suspect this is why we have seen two large sales today. However, they have been mopped up and I believe the SP can continue next week. It would be good to get to 1.45p soon and then get a good RNS update. The chances of getting updates each month are high now due to the number or assets we have. Very good week in my opinion.

I agree MM - the fall was so sudden. I had a limit buy for 1.18p and I got 1.14. There was time for me to pay 1.18p

Both GLR and AFP have sold licenses to SFR and both will get $80 million at Jorc if there is enough copper found. However, SFR have to spend £4 million on GLR's licenses but a million on AFP's - I think that is the link along with CB.

up again 1.3 to sell - can we reach 1.45p - now that would be amazing

On the move again 1.2 to sell 1.25 to buy

There was good reason why I hoped for the close at 1.2p. For the last 5 months we have had many intra day spikes but none of them have stuck. This is the first time believe it or not that we have closed at 1.20p since November 8th more than 5 months ago. We might fall tomorrow but it is very important to have closed at a new high for 5 months or over 150 days.
The next important level is 1.45p - let's see how long that takes us!

I think if we can hold onto a 14% rise then that will be a good day

Back up 17% - you sell into this move to your own detriment.

Yes we are at an all time high and if we can finish on the high and hold it for a few days this will be very positive for zinc and us eventually.

Absolutely Funky

If you look at the graphs an intra high of 1.45p is definitely on the cards in the next few days.

We are now up 14.3%. PI's move on if a share does not move or goes down to invest in 'more exciting places' but anyone reading the RNS's for GLR since January 2021 should have realized just what a basement price we are on. A rerate is so overdue it was always a matter of when and not if.

The number of exciting possible mind blowing deal making projects we have is incredible. However, I still think the KCB is the one that really stands out. To have SFR owning 4.28% and we still own so many licenses in that area. In fact we own twice as many as KAV even with selling 9 to SFR.

I think the KCB licenses are on hold for a SFR buyout for all of them and it will depend on SFR's drilling. If they are getting the right results they will not want to wait and I do not think they will stretch out the $4,million over the 2 years because this is chicken feed to them and they will want the jorg as much as we do.
The end of September we had £3.5 million in the bank so plenty of money to pay directors fees and yet CB was paid in Shares. This to me tells you more about GLR then anything.

Well said Cjen

Yes Shed, I sold quite a few between 20 and 27p. However, spread betting is the way most traders work in the UK/US. In fact the majority of the tech rise over the past 2 or 3 years is down to spread betting. It is so easy.
No stamp duty
No fee accept for a high spread
Remember the EUA short who no one knew of who went bust in July 2020 and SP went up 3 fold!
No capital or income tax as long as you have an other paying occupation

However, my point is why IG will allow buys but not sells unless IG have too much exposure to sells.

Yes Spreadex. These are the 2 big guys offering spread betting. I am well invested in EUZ but was curious to what IG would offer.

I have an account with IG index (spread betting) which I generally use for US ETF's which you can't buy in UK accounts in ISA's/pensions.
Today I clicked on EUZ and IG would accept a purchase but not a sell so I could not go short. To me this would suggest that IG have too much exposure to sells. So what does this mean - well in fact it could be a positive sign. If the SP does start rising then the traders will be forced to buy back their sells. To me this explains the gyrations of price we have had in July 2020 and the March 2021 price rises. The point I am making is if we do get a rerate we will probably go higher than anyone would predict on this board due to spread bet sells having to be bought back. Remember, IG had a stake in us in September 2020 and this was probably due to traders buying use spread bets and this causes huge swings.