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At least that is out of the way. Price set quite low but not too painful for existing private investors. Hopefully the rerate can start now.

Assuming the Glenover cash is forthcoming l remain very optimistic. The price of copper remains strong despite the hedge funds being net short so the downside is limited. Supply remains constrained in places like Chile. The economics of Luansobe will only get better with a rising copper price.

Https://audioboom.com/posts/8319620-sunday-roast-12-stocks-of-2023-half-yearly-review-ben-tm1-chll-he1-ggp-glr-cgo-afp-jlp

GLR gets a mention at 18 minutes

Agreed. I doubt Colin went all the way down to South Africa to see the game parks. Hopefully he will be negotiating contracts and finalising details to bring Luansobe into production. The timelines from previous podcasts fits in with this. Maybe some zinc as well.

Thanks for sharing some good research. The price of Dr copper has been increasing despite fears of recession. The massive green stimulus package in the USA bodes well for demand regardless of a short term housing weakness. And Colin looks like he progressing well on a number of fronts. This will fly at some point as long as the Glenover cash comes in the next few weeks.

See Barrick has made a informal offer for FQ. Looks like the copper space starting to heat up.

In the 23rd March RNS Colin wrote " A leading battery metals consultant from CSA Global Ltd (an ERM Group Company) has been commissioned to provide an independent specialist assessment of the results and accompanying datasets. The Company will announce the next steps for the area once this assessment concludes".

Clearly the independent specialist has seen something of interest and to the point of fast tracking drilling. Early days but will be of interest hopefully.

Snap. Just noticed that with my Halifax sharedealing account. Have until 18th June or have to phone them after that. Guess time to hand Sam the cash to fund the legal fees.

Luansobe will use a contract miner. The Sandfire licenses will only require the price of an RNS and podcast. That £5 million will pay for a lot of coffee and biscuits in the meantime.

Agreed PP. The relentless downtrend on AIM exploration stocks has been frustrating. Admittedly l don't think Colin has helped by over hyping everything.

In the recent deal between AA and ARC (same location), the ARC ceo said they would be updating the market in a timely fashion as significant drilling results come in. Whereas for Anglo American a good drill result wouldn't move the market, for an exploration minnow it is obviously price sensitive and has to be disclosed. If the same is applied here then wouldn't significant FQ and Sandfire results have to be announced as they arrive ?.

Thanks for posting and to Colin and Co for the update. I admit l expected a better response yesterday. Shame they didn't raise the cash situation in the interview.

Don't worry as we won't need to produce anything. We are all going to be given a universal income regardless.

I see the Greens have already started to bleat about the importance of the Falklands in regards to climate change. Guess next they will organise a big conference there, obviously flying in on their private jets.

Sorry, to clarify l was saying his companies generally. As you say GLR is currently better placed but progress will be held back until we have the Glenover money. I admit l had hoped for more news by now.

He did issue an RNS with AFP yesterday so still around. I actually thought it was positive but had no impact on the shareprice. Sadly his companies are running on fumes and in the current market little opportunity to raise cash at reasonable rates. I just hope the Glenover money is soon.

Colin seems excited. Just hope it doesn't turn out like his XTR exploits. But to me reads well and l look forward to the drilling.

Mike, good post. And what gets me is that the Bank of England only had one job and that was to keep inflation at 2%. Instead they went of and played politics with no accountability. The QE programme has wasted over a £100 billion of tax payers money. And none of them have resigned. Sealion would probably be producing by now if it wasn't for the climate activism of Carney - who now admits he got it wrong.

Worth a listen to Nigel Farage on GB News tonight discussing energy policy and net zero. A cool £3 trillion to upgrade the national grid to take us to net zero. Interesting....

I admit a 1p top up price would be nice. Manica worth much more than that.

MB warning of a hurricane not a tree shake .......

Not after any ticks but do wonder who is selling at current prices. The China recovery story looking like a no show at the moment but Manica is producing gold so hardly as if XTR going bust. A year ago we were talking about a cash call and the share price was much higher.

Colin was promoting KEN on a Roast podcast at the weekend. He still sounds optimistic even if the mood across the AIM bulletin boards quite depressing. Hopefully June will bring in some cheer.