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A couple of new pics on Colin’s X showing current activity

Good luck HD, hopefully you can put the money to work somewhere else with a good outcome. Its actually been sad to see your enthusiasm get whittled away over the last couple of years - i think every holder has been feeling that to some degree despite what they may say.

Definitely virtually unlimited patience required for GLR holders, extra painful with big gains visible in other CB shares.

I actually do think it will come good in coming weeks and months, but that may be wishful thinking - all the best!

As I've been complaining a fair bit about the delay to financing I wanted to speak to Colin and managed to do that today.

He was confident that the finance agreement is very close to being signed, rather more wrangling than expected to get it over the line.

He confirmed that an awful lot of work has been going on day by day. I suggested more posts with pictures and videos on X /the website showing the very real progress being made - he was behind that so hopefully more updates incoming.

Don't think its too late to get in here and do well News - maybe very well

It won't be Death by a Thousand Lashes got a mention on the Roast re Kendrick - I do remember hearing that about Bushranger too (and the kenny rogers ode) maybe Colin needs to update his material - I'm certainly feeling well flagellated waiting for the BZT finance confirmation

Except there's a fair chance Santa gets lost on the lapland interchange

Not surprised people are bailing here and probably taking a loss (not me, at the moment), nothing happening and no updates at all

Money to be made elsewhere in properly managed companies

Not sure why some are scared of a raise - they will need more money to get to an MRE -if they raise £2m for a 10% dilution and no warrants to get an MRE then a sale them why not

Looks like Colin had forgotten to look at the bank statements for a while and realised there was v little left, so a loan off a mate - no surprise we are running low without the expected sale of Luansobe, better than another raise I guess but you don't have to be Nostradamus so see this will definitely get drawn down / else another very destructive raise

His focus is on Kendrick where he holds 20%, and to be fair there's a decent chance of a quick sale -

GLR requires serious focus, but its not getting it, very clear to see

If his name was Xolin he might actually get a deal done with the Chinese

Good effort Junior L. The complete lack of updates on Luansobe in particular is showing a level of contempt for shareholders imo.

The one thing Colin needs to focus on is getting Luansobe sold - we've not had a word on it since the 5 month "hope" expired (now 7 months) - with copper at todays prices there must be some serious interest in it.

Being optimistic the recent silence on the subject could be that he's doing a deal - but as usual its a case of how can he give it proper attention whilst trying to finalise BZT financing , Kendrick and anything else he's looking at. Maybe he just thinks it can wait.

Been away for a couple of weeks, nice to come back to a rising share price. Good spot on the cb video, who knows a Luansobe deal could be close

There is a lot of talk that the copper price must rise significantly, ie well above $15k per tonne to stimulate the massive investments needed in the porphyry style mega deposits that are out there but need many billions capex and years to construct - and actually there aren't that many good ones unless halfway up a south american mountain (eg Filo)

It makes sense that more small and medium sized mines get quicker funding as the copper price rises as it should do with increasing demand and withering supply (declining grades, dodgy jurisdictions etc) and they will be very profitable - CBs companies very well positioned in that regard.

This scenario surely also makes the NW Zambia prospects all the more valuable (I know BZT doesnt have one of these) as this is one of the few areas where you can find large, easily mined deposits of c 5% copper as per Freidlands Kamoa. This will be the best place on earth for the next gen big mines if Zambia remains stable.

By my maths J Swann holds about 18.8% of AFP following the raise, I guess we'll get an RNS for that at some point as it wasn't specified in the raise RNS

If I remember from galileo there was quite a lag waiting for the formal letter from the mining ministry before CB was prepared to issue an RNS on the issue/renewal of a license - good to see it looks to be in place though

Any time now for the financing confirmation fingers crossed

Now .775p to BUY here - time for the uber optimists on here to load up below .8p right? - alternatively wait for a another 9 months of inaction and get some more in a placing at .5p

£700k is going to JLP, drilling programmes at Shinganda and elsewhere, apparently £500k plus just to keep a company on AIM - action needs to be taken and soon on Luansobe - waiting another 6 to 9 months for an extra $10m or $20m does not benefit shareholders.

If Colin is too busy with Kendrick rare earths, Antimony in Morocco, silverking, ongombo hope n gorob etc etc then someone else needs to be in charge here - it feels unbelievable and completely unacceptable that nothing material has happened at our flagship asset since the start of 2024.

If production had indeed started by October 2024 the share price would probably be 3p plus with no dilution. No doubt someone will pipe up that this was somehow a great strategic move and they are perfectly happy with things.

Its getting to the point where a significant shareholder group needs to demand a change of leadership in the complete absence of meaningful development for so long.

The deal announcement "subject to due diligence" was 31st October , so we are not far off 16 weeks already

The prediction of a deal by now at Luansobe did serve a purpose - kept the share price buoyant to enable people like mr Packwood to flip their placing shares at a decent profit.

Colin seems to be in zero rush to get a deal done here - just seems like a waste of 2 good mining licenses.

V interesting article posted by Flipper on GLR

Https://www.mining.com/midnight-sun-rises-on-zambia-drc-copper-district-where-superpowers-converge/