Member Info for flipper56

If APF is anything to go by, the best time to check for an RNS is 5.30pm Friday ahead of a bank holiday weekend. Obviously the lack of cash in the annual accounts was just a coincidence. No CEO would treat shareholders with such disdain........!.

Had hoped for some news by now but everything in the mining space seems delayed. The news regarding the Glenover sell must be soon. But then given the power outages in South Africa maybe the mining ministry have abandoned the office.

It would help if the Roast guys were more demanding in their questioning. Instead they lead him on which over time undermines the credibility of the interviews for many. But at the moment any news would be gratefully received.

They did share last time and that proved a disaster. Interesting comments on the BOR board. Surely Navitas wouldn't try and mix up the North and South Falklands ?.

Andrew. Agreed, that does sum at AIM.

In the current market l am not sure if Colin could raise money on good terms. Hence why everything on the slow burn. AIM exploration stocks are in the doldrums and for all the hype about copper shortages, 4.75% in Nationwide is more tempting.

In regards to AFP he wouldn't be drawn on timelines. Which was good in that it is annoying to be misled like we normally are in relation to all his projects. But suggests nothing going to happen quickly even with licences.

About AFP but Colin makes a positive statement about Hope. Worth a listen.

Check out Colins latest midweek takeaway, episode 54. He is still buzzing, especially over the FQ exploration project. Expect good news from there going forward.

Navitas also up. One can only hope that good progress is being made in the background.

In a recent Cobre presentation they said they had interested parties but weren't going to sell until they had proved the area up. Eventually l can see Sandfire taking both the Cobre licences and ours. Makes sense given they will need ore for their expanding processing facilities.

Has ramping/deramping ever had an effect on shareprices bar the short term ?. For me discussion boards enable shareholders to provide information and thoughts and non shareholders to vent their frustration with life.

But do hope for news soon re Glenover etc. And with all the drilling going on in the Kalahari news flow should increase across the various companies.

PL. I am still here and think it will multibag. Just nothing new to add. Unless Colin releases very positive news l expect the market and GLR to drift lower for the summer. Would be nice if the Zambian Government could gets it act together and sort out the licence applications etc etc. In the meantime good luck with your trading. For me l am looking at a 3 year investment.

Cheers MM. Makes interesting reading.

Seems GLR remains his fav at the moment. I am less optimistic on the timing of recovery, more in the 2024 camp. But did top up on GLR last week. Better than seeing my cash being inflated away. And the Sandfire and Glenover deals pay us regardless of the underlying commodity price.

Would have liked some more questions regarding his Companies and in the case of XTR, what are the plans going forward. Preferably ,is it still the plan to return cash to shareholders.
I am much, much more negative on the markets than he is, not expecting a recovery until late 2023/24 at best. But did add to XTR/GLR/AFP/JLP last week. The gold production at Fair Bride should be picking up now, once the $ tops then I expect a recovery in the gold price which helps us. And BR is basically a freebie.
At the end of the day, you can't print gold or copper .......................................... Good luck all.

Ouch. A lot of questions.

Dr copper looking strong in an otherwise lousy market. Interesting divergence.

Did just do that, and some of Colin's other companies. Copper holding up pretty well all things considered and by 2024 copper prices will be looking very different.

Obviously what I am saying is just a thought. But trying to put value on targets which have barely been drilled or just EM targets - but could be the next Cadia, ?

The "success" payments are up to $80 million. Not small payments given the majors are paying for the exploration. So say we were offered £x for RC consisting of cash and shares plus "success" payments based on the other targets, it would all add up.
Obviously just my thought but has been the way CB has structured recent deals.