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no worried iky....slowly but surely things are lining up. ka****u next with its own lisences as per the feb 22 rns

this monetisation will look after us then for a few years at least.

No problem Castiron. When the royalties now start coming through that safeguards us for the next few years.

Ooof brutal ha

Finally! After 18 months the Starzinc small scale mining license has been approved!!! Due the the mines close proximity to civil buildings it has been running on an Artisanal mining lisence. Now it has the small scale approved, this means large machinery and explosives can be used

https://twitter.com/Sharedata12/status/1673776001820573696?s=19

Bring on our monthly royalties!!!!!

https://www.lse.co.uk/rns/GLR/sale-of-star-zinc-project-strategy-update-xpz0siivm8sdl4z.html

Movement over at Shinganda. Great news for us with the large scale exploration lisence being renewed (under Garbo resource). we have a major interested in this asset and the market has previously liked our progress with the test pits and drilling, producing good copper and gold results.

https://twitter.com/Sharedata12/status/1673263153168228355?t=UBEu-7JyLx889WjmfC6Tew&s=19

Drill rig en route

https://twitter.com/ColinBirdMining/status/1669255276489240582?t=HKjdw5bGYRMbLBwlmgkQrw&s=19

Information found at

https://www.mmmd.gov.zm/?p=2559

My thoughts too Cyber. It would certainly say in there if there was a lockup period.

Agreed Analytical @ Cyberia

Here is a link to the Afrimat news update of the same deal

https://www.sharedata.co.za/v2/Scripts/News.aspx?c=AFT&x=JSE

I think also we all have to remember we are a minority share holder in Glenover Phosphate, being bought out by Afrimat. CB will have a minority influence( if any) on the deal. Disappointing the whole £5.2 in cash isn't arriving in one go, but then again we would be incrementally spending it so does it matter in the long run. £2.1m to arrive in 9 days will give the SP a good boost as it has done in the previous tranches, albeit they were cash. This route de risks the money coming to us and the way Afrimat are going they are doing takeover after takeover so they should be worth alot more in the months to come.

Something went un noticed it feels the other day when you posted a link Analytical..........a picture of Colin and Martyn ib SA looking at earth moving contractors.

The other companies quoted in the # have no requirement for them. Great insight for us at GLR.

Every source of info is useful when you look deep enough and join the dots. Altho your main source is what you read of bulletin boards and you get that wrong most of the time.

Colin posting about a mobile drill rig on shinganda would previously be un known if not for twitter.

Agreed HD, we know things are progressing in the background from twitter and interviews etc. Mining is slow, even on an aggressive plan

Flipper/Analytical, I think this is a good indicator. "Full steam ahead", CB down in Joberg and posting about drill rings in shinganda. He must feel safe to do this, maybe a sum of £5.2m getting closer he knows about

Excellent find Analytical. The processing plant at mufulira is inly 9 miles from luansobe. Those trucks are capable of travelling that distance by the existing roads all day long ......100tons a go

Exactly, AFP and BZT don't need trucks like that. This could be great news for luansobe

Iv seen that somewhere Castiron, just trying to find it.

China’s Zhejiang Huayou Cobalt recently announced that it had agreed a deal to purchase 100% of Arcadia for US$422m.

Arcadia is in a pegmatite crag, kamativi mine and our PL is also in a pegmatite crag. This is one of the reasons why CB is comparing them im terms of lithology. The Kamativi tin mine closed some years ago. However, in 2018 Chimata Gold Corp (Zimbabwe Lithium Company) announced a new JORC (2012) compliant Indicated Mineral Resource of 26Mt @ 0.58% lithium within the Kamativi mine tailings.

Since we border the mine, we are also in a pegmatite crag and have 1000ppm lithium in surface grab samples. We could end up drilling into a very lucrative lithium resource......tin probbaly as well.

0.58% lithium just in the tailings next door, the chances of higher grade in our underground drill samples is quite high

Also it's open cast mining, so cheap to get going once the resource is firmed up. You can see why this appears to be one of CBs favourites

Great news Sandfire are further investing in the Kalahari. The Monopoly is starting. it is no coincidence that this news is released now they are just starting to produce concentrate. the fact they are on the run up to revenue will have allowed them to raise the cash. This is really good for us, and other companies affiliated with them. They will be wanting the key areas in Botswana next. PL040 and 039 are already next to CCCs Zone 5, soon to be Sandfires Zone 5. We also have 253 next to their T3. Cobre are likely to be next in their buyouts.

We also have Bulwayo, which reading between the lines from the interviews and other contacts with CB, seems to be his favourite asset. There's also plenty to go at with that. I think we see still outstanding assays too

That would be the best way to milk every drop from the asset I suppose. Multi bag on the open pit, use the funds to prove up the deeper resource and sell on nearing end of life of the pit. The fact we have options is the re assuring part.

It's been quiet for a while and I di t believe for 1 minute the project has been sat Dormant. I'm looking forward to hearing what is coming next for it

Luansobe for me is still the "Jewel in the Crown". Zambia is investing as much as it can into the Copperbelt region and has held another Expo. the Chinese are taking more of a grip. Luansobe is certainly in the right derestriction at the right time while the money is being spent.

IMO, the mining license needs to be applied for in terms of the open pit and the pre strip complete. at this point, 500kt of contained copper close to surface i believe will warrant a £100m price tag as long as it has all the right permissions previously mentioned. We could be looking at £25m a year for 6 years if we continue to mine ourselves selling ore to JLP.

id be happy for the sale. meaning 9p sp

my prediction

taking into account the 75:25% split we are still 3 fold profit at 1%. those are good numbers. for the stage 1 open pit aspect i'm expecting updates on this iminantly. in the mean time you can see jlp letting put snippets of info.

leon c stated in the last jlp rns that they are still pushing hard on the copper expansion (rns mainly about cobalt), so looking good on that front also for our most likely customer for the ore. jlp 22.5% up last week. if they do well then increases our chances of success as well.

sandfire also up last week to over $6, 15% profit from when we acquired our $1.5m in sandfire shares.

ka****u with 3 liscence apps over the top all at "app" stage and trucks and diggers visible on apple maps.

things coming together if you know where to look to get ahead. just need that all turning real for the market, which it will and a profit for those taking positions early

Green coffins.....must be Columbo quoting SP over the last 5 years and how poor we are. Funnily enough 5he only knowledge he has on GLR is what he reads from others in this BB

This moved to 1.5p in April, i expect as we get closer to July this will start moving again in anticipation of the $5.2m.

that's if it isn't driven by something else in the mean time :-)