Member Info for Datacheck

I'm not quite sure what my opinion is on it tbf. Its at the stage now where it has historical data born from hand dug pits in the ground (these can be seen on Google maps) and has also been drilled......but with a machine that 2 people hold and has a petrol motor on the top and goes down about 5 or 6 feet ( i can't remember the name of it). From that data we know there is zinc in it. It's probably 5 years from being operationally mined.

So what will GLR look like in 5 years if the KCB goes really well. In 2 years we could have several PLs owned and not owned worth $80m each. If we merge with SF are they going to be bothered about ka****u, probably not so what happens to the other assets. if we just sell the PLs and not get bought out by SF we will have that cash in the bank. Which is huge (being glass half full with all of this), so we take our potential $160m, and do what with it. Ka****u, ferber and something new? Give the share holders some if it?

I think for now to answer your question Ella we will keep feeding all the fires that we have irons in as insurance policies. So yes more drilling on ka****u and replicate the process we went through with SZ (which was always the plan before we bought KCB). But if we are very successful in the next 2 years which I think we will be. What then.....its quite a difficult scenario, but in a good way

Whats peoples future predictions of direction of GLR

MOD resources went from Approx $0.04 to $0.4 $100m macap in 18months/2 yrs before being bought out by sandfire at a premium for $167m

Originally I wanted the same for GLR and it looks like we are very well set for this given our mutual beneficial agreement on the PLs we just sold and the first right of refusal on the ones we haven't, plus they are wanting to be on our board of directors, which is fantastic for us. If the jewel in our Crown of KCB pls come good, why can't we do the same as MOD which is exciting to think about.

However ontop of that

Now there is a global scramble where basically anyone who isn't china is buying up rare earth assets, we might as well take our time with Glenover as it doesn't cost us anything and sell to the highest bidder (SZ operational gives us funds to take pressure off a sell of Glenover)

Ka****u, said to be 4 times the size of SZ which at todays prices contains $118m of zinc, so could that be worth 4 x more. Doubtful as it will have lesser grade ore, but if the grade is 50% on average of SZ then thats still $250m.

Ferber, still unknown and if SZ gets up and running we have the funds to find out.

So, to merge with SF or not.

Not: sell our PL'S and be incredibly cash heavy, use that cash for Ka****u, Ferber, and buy new opportunities, give share holders some dividends

Merge: sell Ka****u, ferber, Glenover and concentrate on KCB

Hybrid......... CB has alot of experience with splitting companies. So could go GLR Botswana, and GLR resources

So many options. Looking forward really to see what this year brings

Party at your house when we hit 24p 3CB ? ;-)

Hahah thanks Castiron/Caterham......I may just have kept my own pair of leather trousers tho ;-).......actually I didn't. I can't even joke about that horrific thought. I watched "the grand tour"the other day on Amazon, and I wondered what you might have thought about the Caterham they modified C7? Haha. Sacrelidge or good idea?

Castiron, she was a black Posrche Cayman S (no hairdresser jokes ;-) ha). But it was time to let her go and I was fed up of doing a very ungraceful roll to get out haha. I'm on the look out for something new now. The idea was to temp invest the money, but I quite like the look of my investment with the extra in it, so who knows now

I sold the love of my life not so long ago and invested the money in GLR. im managing with a short term rental until that time ;-)

I think we might be pleasantly surprised CE with our SP movement in relation to our sold PL's. knowing we could get $80m in 2 years, as Sandfire release progress upates, it will have an affect on our SP........given they are positive updates, which of course they are assumed to be

I'm personnaly confident that we will get SZ moving in Q1. i know the liscence intricacies are detail that isnt fully divulged to us, but never the less i do believe in the many interviews and statements in update etc that SZ will get operational ASAP. i know some people think its "jam tomorrow" but iv been here long enough now that Jam has been coming tomorrow that it actualy has turned into tomorrow.

My thoughts in particular a statement Colin made the MineProphets interview. SZ had to be operational by year end 2020. he said "big investors expect it". This is most likely the investement he raised the £900K for to puschase the 21 KCB tenements.

in an email to Oiltap he used the statement "for your sake.....and mine" or words to that effect.

the pressure is on and i very much think everything possible in the background is trying to get SZ operational. do i understand the full liscence agreement or decisions....No.......but things like the above give me personally confidence that i actually dont have to know every step. just that the end product is being pushed for and exploring all avenues, which is seems to be.

so in before end of March, we very well could have
1)SZ Operational
2)results of the EM survey for KCB
3)Update on SF plan for thier $4m and tenements they bought off us
4)an intended drill plan/areas of further detailed exploration of our own for PL040 and 039

come on 2.3p, let us through

I don't think AIM is for you Billy

3CB, I don't know enough about the specifics sorry. I know enough about lawsuits to know that it won't affect the clean up of the tailings dumps

I do find this subject interesting though with regards to kabwe and why it hasn't been rectified decades earlier than now. But like I say truth is I don't know enough about this specific case to comment too much on how it will be settled. In my view the responsibility of the clean up will be the company contracted to do so, closely managed by processes that are already in place, probably the mining liscence for which a pre requisite is an environmental impact assessment. So the clean up will be within the safe boundaries of that agreed by the government and the clean up company (im going to say JLP)

Blame is obviously different and with the company who caused it. The difficulty will be judging the scale of the impact I.e how many people have been affected, the magnitude of their symptoms and what compensation they are owed. This can span into the future of they are at higher risk of cancer or other diseases that can manifest over time. The company then has the right to contest every single one of them individually. Things like this take a loooonnnng time. Which further strengthens the argument that it needs cleaning up now and not at the end of it all

I think the fireworks are there, just god Yob MM's throwing buckets off water over them before they go off.

I don't believe the tailings will be left either in some sort of attempt to preserve evidence throughout a lawsuit. The tailings dumps have been there for decades and well documented the content of them. There isn't a dispute about where the lead poisoning is coming from.

Thats the same as saying dont bother stopping Chernobyl from polluting until everyone affected has filed and completed a lawsuit. DuPont not having to clean up its teflon forever chemicals until the lawsuit was over....which ther eis still this day new ones coming through or ou dont clean up an oil spill in the sea until the oil company has been prosecuted.....I could go on.

The lawsuit by now won't be disputing the fact there's lead in the lead tailings dumps. It will be determining whose liable and to what extent and for exactly what for in the past, present and future

I'm not speaking for Oiltap Cast, but coincidentally I just re went over that very thing this mining. Old data of SZ records 150g ton. GLR seem to think on average 105g ton. Several sources say different things about how much Rock in in SZ. 350k and 400k +. So 0.1 x 400000 = 40000kg at approx $1100 per kg. = $44m

Thats assuming the average and we get every bit out.

JLP seem to be offering us 50% of total value for zinc. (72000 tons x $1650) = $119m.......we get $60m over 5 years.

Maybe it would be a good assumption to do %50 silver too. So $20-22m.

Thats my calcs anyway

Well that was a coincidence ha

Tbh I thought the guy was alright. Iv had no other experiences other than this share. I learned quite abit from him about how warrants worked and he kept a useful track. Back then there was no RNS's saying they were about to hit market so when the sp was taking a hammering he would post what warrants etc were left.

I got a few good links off him too about copper and zinc prices and world demand changing for rare earths. I didn't feel anything out the ordinary was going on last time he was here.

Hi tacet, welcome to GLR

Both Leon and Colin bought £50k each of JLP shares last week in a coordinated director buy.....on the open market as well!

This coordination shows a strong bond still behind the scenes. A bond for example that will be able to come up with an offline (from the government) agreement between them to work with a certain setup of liscence arrangement that they each need benefit from and own ;-)

Also JLP still building the processing plant at Sable, which is a show of intent to run the zinc from kabwe dumps, for which they need our starzinc high grade ore. Liscence transfer or no liscence transfer, between ZopCo and JLP that zinc is going somewhere and we own it so will get paid for it.

JLP also re applied for the small scale mining liscence that expired at kabwe tailings dump

https://twitter.com/Sharedata12/status/1355462275696570369?s=19

Exactly Hairy. Sometimes you don't know the full in's and out's of every detail, but there is still a wealth of evidence that shows SZ will be operational this quarter

Looking at the alternatives and cancelling them of by process of elimination can give you a positive way forwards still. I.e 1 alternative......we aren't going to mothball SZ by giving up on liscences transfers........ it ust won't happen. So we can't need the liscence for our current plan