Member Info for cyberiachas

Paulfg firstly i agree its ridiculous to go so long without an update on the may drills or Ngombo. We have to just assume the drills hit dust and no progress in Namibia - cheers BOD.

I'd agree that FQ would be saving the pennies as they are in some trouble cash wise, big loans due etc

however they seem to be chugging along elsewhere eg Tertiary minerals

so why nothing with AFP? presumably dropped way down the list of priorities, I think the Tertiary drilling could feed directly into existing FQ plants so they are pushing that whereas we are more Blue Sky.

Either way updates are now a necessity.

That's cheered me up thanks!

i feel colin's companies are finally going to enjoy some good success in next 2 or 3 months, patience of Job has been required tho

Slight uptick, bl@@dy grateful for anything right now tbh with the state of aim/mining juniors

I'm not saying Charles Archer's numbers are necessarily right, but $20m free cash flow per annum does not imply that capex contributions over the period of the mining (say 5 years) or a contractor's share needs to be deducted from that $20m - otherwise it wouldn't be free cash flow.

His numbers suggest that the $20 million left after $60m of revenue at $9000 copper means $40 million of costs which would include contractor costs and capex repayments.

IMO

Tbh there was a bit of a spike on the 4th so it could be on market

The TRI relates to a purchase dated 4th October, over 3 weeks ago - I'm aware of a few times when someone sells all their pus 3% off market and doesn't do a TR1 (not me!) and also the declaration might be even later than Helen's - buying that much on the open market (must have at least gone from 2.99 to 5+%) would, have my opinion caused a lot more of a spike

Helen Johnson likes the story - over 5% holding from out of nowhere

I'm sure Robert F knows the right people to "talk" to to get pole position on some nice licenses

My question would be, would the lack of perhaps the final piece of the jigsaw preclude the signing of a financing deal for example. it was mentioned at $10m of capex on the Roast I believe.

Perhaps with that final permit in place the financing can be announced and off we go.

Potentially significant investors trying to bolster their shareholding to maximise influence before the shares become pretty much untradeable

True, probably difficult to work out what the max mcap of glr has been - correct me if I’m wrong but don’t think there’s been any major share issues in last 2.5 years , share price v similar to what it was then c 1p

Very frustrating but still the case that if anyone can get a deal done it’s cb with his experience and connections

So glr had a mcap of over £100m at one point ? That’s a bit of a drop- presumably a previous mega potential project that came to nothing

Anyone going to the agm? Would be lovely to get a deal announced before then 😀

I don't see anything major happening here for 4 or 5 months minimum - Analytical probably realized that himself and upped stumps.

There wasn't a genuine plan to mine Luansobe ourselves and CB was hoping to get a good offer which hasn't materialised, might do over the next few months I guess

Here's hoping Silver King has plenty of silver

Was at a presentation by another company recently that is into manganese and its an interesting prospect, that large deposit next to the bzt area is apparently a very good one

That last trade showing for £4997 was mine and it was a buy, so assuming the one below it was also a buy.

Agreeing with 8ead a bit here - the muted reaction does give a good opportunity to buy a few more given that this has been substantially derisked with the license agreement.

of course it would have been nice if it had doubled yesterday and was hoping for more - but the multiples will occur when financing, ops details and firm timescales are revealed - then further when production occurs - i don't think that will be too long as the mine is relatively simplistic as far as I can see, from surface with an open pit operation to start.

If you're feeling bold this is a good opportunity

Bye then and good luck to you too

Interesting, Analytical back but his posts aren't