Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
News tomorrow ? Trading seemed a bit active Friday, we will see I guess if we have a leaky ship
16 mil left on the tap, most likely for the 2 FD drills, no JV then we drill, that's my opinion
Makes sense to get the concentrator if we have the cash, reduces cost for transport and processing, seems a ni brainer to me
We have the monies, its not a issue, thanks for clarification.
Re reading the rns about lunasobe, Imo we will drill the outer target of 3 -7 mill and of the back of that If the grades are worth it ramp up production to double what we will have
What does the concentrator cost ? We should have about 7 mill in the coffers once the glenover money comes in, is that enough ?
I cant find the prospectus, anyone have a link n happy to help me out ?
Many thanks in advance
Funky
Luansobe is the key to unlocking GLR, the open pit and using 3rd parties is the way for the small miner, love the way Mr CB has seen this and is hopefully looking to use this model, quick, cheap, gets us up n running, no need for equity raises, huge plus for shareholder's. Having a steady income will allow GLR to grow its portfolio, there's plenty to do, and the projects look absolutely fantastic, but more importantly it gives the company financial freedom and security.
It seems a strange project this one, its looking so far to be small satellite deposits, crucial to link these up into strike if possible, loving the strike continuing, hopefully we can fill I the gaps and have a whopper, a lovely chip sample of gold, lets hope we can Improve on the strike, hat tilt to Mr CB, lets get this proved up n sold on.
I thought the jorc is for the open pit, I don't think we drilled anywhere deep enough for the underground
Luansobe
We have to remember we still don't have a jorc, a mining licence ( i dont think we have one yet ), water licence ( if needed ) stripping and shipping to the plant a deal with a processing plant, so atm we still have lots to do yet, you may well be right dave, most likely it will all come together rather quickly but it's not going to be as quick as we like, don't forget though Colin is taking the roast bits put to africa to check stuff out and a nice chat with jubilee, patience is tiring but profitable in the long run ) imo we will have lunasobe up n running n then we get the glr money if theres any ofc ) I'm nice n chilled about this one, finding it hard not to buy more lol
Happy birthday Cr1sp
Gold grades are a bonus but unfortunately not great, lets hope they can improve a bit, still it's free so as I said still a bonus
Someone's been shopping today )
Art is running this already as a mid tied company, he doesn't seem intrested in updating weekly on what's going on, I know we would all like to be updated on every bit of news but it isn't that way with Arthur, if we get more than quarterly updates be happy )
He took shares instead of wages fir a long time
I think most are questioning £45 sp and 4billion oil, company guidance isn't anywhere close to that, anyway I'm sure it's worth more than the current sp, so either way I think we will all be ok regardless
Never mind I found it further down
Got a link fir the roast m8 ?
So is there a rig there or not ?
Nearly 7yrs ago, smh
I never knew Rio had a huge land holding to the south west of glr