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Could you send a link for that pls Ella, sounds useelful

Well done HD, hopefully we will get something back. GLR are totally missing a trick here and its such a big opportunity for them to up the Investor Relations.

Will do, thanks Ella.

I didnt in the end Ella no. Have you found it useful?

Billy, this is no doubt an uncomfortable time even for experienced investors (not that I claim to be). Iv seen this before and there is not really many options you have to ride it out, sell or contact the company. A fair few of us have got together and contacted GLR and offered some words from an investors point of view some opportunities for GLR when it comes investor relations. We have a fantastic company in terms of skill set and accomplishments of the board, and world class assets particularly in the KCB. There is just an area of improvement needed on comms. Some of us had word back saying our comments will be addressed and the board will look at them and if there was anything wrong we would know. So watch this space and hang in there a little longer. Rather than using your energy posting on here, direct it to communicating yourself with your company you have invested in and take steps to solve the issue you have.

If you decide not to sell, then look at the reasons why you invested and think medium term rathe than quick short term wins. Have we been here before, yes. We've had a bigger placing and come out the back of it more than double up. Put Put chart to 2 years, follow the pattern of the chart, fill in the next bit yourself and it looks good.

A placing also means we have cash in the bank and we now have the means to ride out this lull as it only costs us 600k a year max to operate, 450k the year before last. We have the means to spend on projects to increase our mcap which is what we are doing now. Before we sold our 9 pls to sandfire, we were rhe biggest land owner by PL on the kcb. We are still probably in the top 3 or 5. The % chance of not having copper is low, expecially when we have the money now to look for it.

There are lots of reasons to not panic, unless you have invested more than you can afford and you are in trouble and need the money back short term. Not long now thats all I can say

And you want others to say something to change your mind?

Have you not?

Sorry HD, its not me. He spoke to Phoenix direct last time and Oiltap. All 3 of us have emailed GLR members and are awaiting feedback from questions.

I made a Fb friend in zambia who is a local and he says operations have started at SZ, this is backed up by the satellite photos I post on my twitter. So revenue coming shortly.

Have to admit the dip.today has come out of nowhere. Usually when that happens it pops up again end of the day. Only 17k shares sold and such a large negative reaction is unwarranted so usually comes back up

Well done Phoenix!! The only way is up from here

It would be a very good move for then to do that. Especially before out drill results come out and sp increases

Or likewise they could be more efficient ;-) considering they are on the most sort after copper ground in the world. I think physically we should be there or there abouts as you say Ella with the calcs, it's just the way GLR decide to notify us now. I personnal am hoping for an update to the website with the AEM info and drill results and pics of the cores like kavango did, plus an RNS like xtr to state what was found also. I suppose the former would take a while to author. Pretty exciting times, drills are tuning, so unless they stop turning we are going to find out sooner or later wjat we are worth :-).

Let me know if I have missed anything

Not long now until we are in Q3 which is what CB said we will have news on Glenover

News re cap in rough order
1) initial drill results on kalahari copper belt in relation to Aerial Electomagnetic mapping
2) confirmation of £700k payment for payment of Starzinc, and start of operations with intended revenue between 100k - 300k a month
3) notification of payment from Sandfire to the tune of £1.5m for sold PLs
4) New AEM targets for remaining PLs and intended start date
5) Glenover update wrt testing for suppliers processing facility or sale of project
5) ka****u plans for further drilling
6) ferber plans for further exploration
7) sandfire update on sold PLs of which they have an obligation to spend £4m on over 2 years or give us the remainder of the £4m un spent

Cash - estimate £500k from warrants, £700k from SZ, £1.5m from Sandfire, £2m from recent cash raise, minimum revenue £100k month x 6 months to year end.

Total cash expected this year £5.3m

We are on for an excellent 6 months! Starting with the initiative drill results news which I personally am hoping for a market reaction similar to XTR.......trebble bag once we get notification of those copper cores coming out the ground.

It's been over 6 weeks since the RNS said we were to have started drilling.

Anyone know how lomg it takes to drill through Dkar sand to 60m or more?

Someone quoted xtr drilled approx 80m a day km their deep holes and different rock. At that rate we would be at 3360m when we are intended to drill 2500m. Less deep holes means more moving around.

You could easily argue that if we started when intended (week of 5th may) we could be done by now

Huge trades, this bottoms got to bounce sooner or later for a little rally up. Even without news. Would be great if the drill result came while we are on the way back up sp wise :-)

CB says that the market hasn't woken up to how lucrative the KCB actually is, his getting in there "early" was fantastic and really set us up with an amazing opportunity..........GLR have a great chance to advertise this with IR on parr with Kavango, this would help the market understand what we have and reflect that in Mcap. Exciting times still coming with drilling results any time now. Hopefully we will get a report or plan to look through of drillapping sample pics (like Kavango and what we did with SZ) after that :-)

Kavango....I use for peer comparison up 33% in the last 5 days, iver 100% the last 6 months based on KSZ and KCB operations. They've recently had fantastic results back from their AEM that Skytem did for them.....the same company we used. Their comms arw fantastic, they have put a presentation on for shareholders via webinar on shares magazine where someone is going to tall through the AEM to whoever wants to log on. Could be worth a look.

If only our share holder engagement was as good. Maybe our sp would be alot higher than now as the market would know our potential and more detail. Never the less, can't be long now before drill results.........can't wait for that!

It won't he that long Phoenix.

Xtr - Sept 2020 placing 10% mcap 3 months later 7 bagged on drill results
Placing again Jan 21 - 10% 1 month later up 50%

Kavango - placing Dec 20 - Feb 21, 75% up, May 21 150% up and climbing

All part of the process...... how many more new investors does a placing invite, they don't have to worry about another one. Sit back and watch these drill results come in.....Next week? 2 weeks? 4?. Ther enough be a 7bag at the end of if like xtr, ask yourselves how long you'd wait for that. Maybe pick up a few more while we are low.

Does it matter? We are getting it

£2m for 10% not to bad really. That money gets us so much more when we start spending it. Would have been nice to do after the drill results but no point dwelling. Iv been here before on a cash raise far more severe and currently sat at over double the sp from that time in 12 months with peaks in the middle, the only thing it affects are your short term plans.Still plenty of good news here to come imminently to regain back the 10% and more. I picked up a few myself this morning. At the very worst at least we don't have to worry about money anymore

Thanks All!

Good point HD, I forgot about the final payment. Wonder how many meters of drilling on the KCB £700k gets us. At least another AEM and another 2500m of test drilling on 2 more PLs imo