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16 Wells spaces 1mile apart is nearly a third of the field, we could drill it out in 3yrs for the max )
wwal17
Mortage : with interest rates currently going up, you will need to pay attention to how much debt you are carrying, if you need to remortgage to a new rate in the next 3 yrs you could well be in for a shock, I recently spoke to my mortgage adviser, I asked him how much is 4% on interest only for 300k, its a grand a month, mortage rates are much higher than this, this should be a important factor to consider before you spulrge your cash.
Track record : How good are you in this posh casino we play ? Are you overall profitable ? Something to consider.
If its massive money I would be patient over the next 2yrs and wait for the big crash that is inevitably coming at some point, most likely when the central banks have incresed the base rate up around 5%, massive money should sit in safer stocks IE FTSE 100, or if buying on a massive crash a tracker, personally I have a limit on smaller share I try to not over buy ( like this one lol )
Overall do what you think is right for yourself and your happy with, as others have said probably a bit I'd both would be the safest bet.
Don't let it burn a hole in pocket, it's very easy to run out and splurge the lot, good luck in what you decide, most importantly, make yourself happy, we only live once and there's no refunds.
Funky
Iron
What's your prediction thisntime next yr, alsp in 5yrs and also if there was a buyout
Let's find a bucket load of this stuff, we're all well aware that the best place to find more metals is next to a producing mine, if anyone can Mr CB can, he loves finding this kinda stuff amd knows how to get it done, love the tilt towards open pit high grade resource next tovproducing mines with spare capacity for processing, this strategy seems to make sense and work well, im surprised there's not more companies pursuing this kind if strategy.
Daily sp fluctuations are for the day traders, im not very good at that stuff, I have my position and a long term time frame, once the billion barrels was confirmed, it was all I needed to fully pile in here, while most of us are down, it's not today's or even tommorows price that I'm interested in, it's my exit price that I'm interested in, I know how many shares i have and the minimum target long term price that interests me, I'm very happy to hold long term and let Arthur do his thing, he has done before and I have high expectations that he can do it again, patience is everything, see you all at the end of this ride
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