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Thanks coyote
Have to hand it to CB, he manages to find all these licences right next door to these mines, he certainly is nailing them all down recently. Let's hope we find a bucket load of lithium n flog it on to the local mine ) it seems ti be his strategy recently and its looking like it will work very well for GLR
So we don't own the tailings and the dump ? For clarity could someone say 100% if we do or don't, thanks
Sounds like processing is/will be close
Mad speculation, but surely the owner of the dump must of been one of the calls CB took recently. Sounds like there could be a offer of a Jv there
I re listened to the podcasts, kept falling asleep lol
A different company by mid next yr, love that
Lunasobe, big push to get it into production, site is ready for stripping, love that
Kamativi, has a tailings dump already with the lithium already in it, love that, we know the chinese just bought a similar project for, what was it 400mill, love that
Bulawayo : sounds like it could be yet again another monster
I'm not here for 30%, I'm here for the Sandfire, Luansobe, the tin lithium gold nickel n copper in Zimbabwe, nothing happens overnight.
I'm very happy with Afrimat taking up the rest of the % for 5mill, it secures us very nicely for our drilling campaigns and set us up for a non dilution ride to atleast the time the Sandfire deal concludes, happy days, happy to be patient here )
Oli
It still nearly 10 bagged of the low, XTR been running quite a long time since its discovery
Hopefully we will find out soon enough)
Someone went shopping today )
Unfortunately my babies kept me uo and I haven't listened to much of the Sunday roast, but what I did listen to sounded fantastic, what was it ? 790 samples for the lithium ? Sounds alot, massive average there
Luansobe, nearly finished drilling, sounds like by tye end of the month, has to be finished for the data, so thats a clue there. We will be mining before we know it.
Congrats Dave, enjoy the 3 months sleep, u won't get much after that )
At the bottom of the galieo website there's some exploration projects for iron in South Africa, I can only assume its ti do with those licences, they cover 100s of km so a jv there would be fantastic.
Great review of all the projects, thanks enjoyed the read, wtf did u get all the info ?
Yawn, read up and learn a little, fact remains I'm up here and would be down 50% on hzm, don't worry I will be in there, but I see massive potential here over the next 18 months, don't see any potential in hzm over that period, but everyone to their own )
The ii knew the overruns were coming, shorted the stock at their pleasure to maximise shares to them, the banks basically said look your contingency isn't gonna cover it so u need more, its that simple, the build is far to young still to not have a full contingency, rhatsbwhy they demanded a increse in it
I can see 10 bags in both ) some don't like Mr Bird, I think he is ok so far for me, atm I see it like this, could of got in around 200p here and be down 50% or be in GLR and be up about 30% , seems.like a no brainer for me so far, not only am I gonna get atleast 50% more shares for my £ I have incresed my pot by 30% on top
Pickedpeck
glr is a little different, quite nimble and run by a guy called colin bird, he doesn't take a.wage but shares in the company, 30% of the MC in cash with another 5mil on its way in the next 2weeks, u might think u need all the money and electric blah blah blah but gkr target high grade open pit near already built mines with spare capacity, outsource the stripping n shipping to the mine and boom, there u have it a mine for nothing, u might not make as.much in the long run but he is a deal maker and will sell on every project, I have to hand it to him, I'm quite impressed and no big investors stealing the prize )
I will buy into HZM when I feel it has bottomed, that time isn't now for me, I'm sure your a LTH and have a nice amount of shares, and I'm sure they will make you very happy in the long run, but I don't have my position yet fir this leg, I have been in and out if this since it was launched and couldn't belive they actually got finance sorted, big respect for that, I think its a great project and has a great future but I'm being patient and so far it has paid of for me, I'm in no rush atm but my time will come again 100% here
China will be our guys to sell to, they will not only take the lithium but the Nickel also, they have pumped enough money into the processing plant, im sure they will be interested in both our projects, maybe the gold as well) happy days
I belive we are awaiting the lab reports on the grab samples for the lithium, I could be wrong though
Pickedpeck glr to be In production around February, also has a nickel sulphide target 12km x 6km, plus a nice little lithium target there as well, glr will be in production in under 6months, as I said best time to be in, outsourcing stripping n processing, no set up cost, low risk open pit mine, love that, maybe do some research before trying to battle )
I'm also on the sidelines waiting patiently, a wise man once told me the best profits are to had 6 months before the build is finished, he is looking very right atm, add in geopolitics and the expected crash, this is what has made me sit it out
Or a twitter link with it in the chat somewhere would be great
Can u pm me the telegram group link pls
Mopani mine has spare capacity to process and is about 15km away
We're off the radar, have no JORC and only grabbed most of the projects this yr, best time to be in imo, before the herd arrives, also take in consideration were In tbe middle of a crash and a European war, I have 2 shares I'm happy to hold through these testing times and GLR is one of then
The Luansobe deposit occurs within quartzites in the same host sequence as Mufulira, also on the SW limb of the Mufulira Syncline, but 6 km to the NW. Resources are quoted at 8.4 Mt @ 1.6% Cu 0.13% Co (Selley et al, 2005), or 5.6 Mt @ 1.58% Cu Total, 0.76% Cu Acid Soluble (Wimberley et al., 2011 for Mopani Mines).
The host sequence comprises a 0 to 70 m thick Footwall Formation composed predominantly of grits and poorly bedded conglomerates, with silty partings. The grits grade up into feldspathic to argillaceous quartzite. The thickness varies with the basement topography (Groen, 1961).
The overlying Ore Formation is 50 to 110 m thick, and commences with the 15 to 30 m thick E Quartzite, which is moderately well-bedded, feldspathic and argillaceous, grading to a fine to medium grained and gritty variety, and containing beds of grit, conglomerate and sandstone, with argillaceous partings. The overlying D Quartzite has a gradational contact, and is 6 to 8 m thick. It comprises massive to distinctly bedded, light grey, gritty and feldspathic quartzite, grading upwards into a greywacke. The succeeding C Quartzite is similar to the underlying D, but is locally dark, due to minor carbonaceous material and pyrite. This is overlain by a 1.5 m dolomitic shale, termed the "Mudseam", followed by the 9 to 20 m thick B Quartzite, which is similar to the C and D Quartzites, and is, in turn, overlain by the 8 to 20 m thick Lower Dolomite and Shale. The formation is capped by the 6 to 14 m thick A Quartzite, similar to the other quartzites, although it contains numerous cavities filled with anhydrite.
The Hangingwall Formation is made up of the 20 to 33 m thick, massive to poorly bedded Argillaceous Quartzite, comprising an argillaceous quartzite to sandy argillite, with shale partings, a local pink dolostone and an uppermost 5 m of siltstone with argillite partings. The overlying 5 to 10 m thick, light grey Marker Grit is a pitted, glassy feldspathic quartzite with quartz and feldspar grit, followed by the 15 to 27 m thick, massive to poorly bedded, grey, Sandy Argillite, and then the 25 m thick, light grey, poorly bedded and hard Glassy Quartzite (Groen, 1961).
Sulphide mineralisation occurs as pyrite, chalcopyrite, bornite, chalcocite and sphalerite. Pyrite is dominant from the Mudseam to the top of the A Quartzite. Pyrite with chalcopyrite and local chalcocite are found in the C Quartzite; chalcopyrite, bornite and chalcocite in the D Quartzite, and only chalcocite in the E Quartzite (Groen, 1961).
Made it easy for everyone