Member Info for FunkySausage

Mining.com/web/bhp-eyes-large-scale-copper-exploration-in-zambia-mines-ministry-says/

Aren't they still with cobre ? Maybe they will try deeper 🤔

I see Molefe as a done deal, just need time to progress, think its agreat asset, especially if it generates enough to keep the core licences ie luansobe ( the jewel in the crown ) yes we expected production but that would of been shared, try and look at the links in the bigger picture, anyone saying Colin isnt looking after GLR well is imo wrong, we have non core assets we can sell ie pl253 if we need to, that alone would be more than enough to get us being paid from Molefe, if needed selling at all.

While coms are terrible surely most can see how this will pan out for GLR, if I had spare cash it would be going in here.

Patience is everything

Thanks guys. Nice to have a chunk of Molefee, seems crucial to the future of JLP, good to know )

2 companies now fighting together for success 🙌

Can't find the link for glr buying molefe cheap, could whoever posted it repost, I think its been taken down

Mining.com/copper-outlook-strengthens-as-long-term-assumptions-climb/

Im wondering how drilling is going at molefe, must be atkeast half way through now

50% of data centres in the US either on hold or cancelled.

Better the war now than later, Trump not interested in a long war, Bibi promised a quick 1, Trump has no stomach for it, yes it will hit markets and global economy if the straits of hormuz remain closed and oil doesnt retreat ( a good trade there when the straits reopens ) and the war is prolonged.

Overall unless the global economy deteriorates severely with a prolonged oil crunch it will be a flash in the pan imo.

Tax free in AIM shares if held long enough

Promote and under performance and he's called a liar and a charlatan.

Under promote and slowly get on with things and he's called not bothered and a milker

Doomed if he does, doomed if he doesnt

Who owns the Chinese mine ?

Mining.com/anglogold-confirms-economics-for-4-9moz-nevada-project-feasibility-planned/

Close to Ferber ? It can't be far

Bu

U ain't seen nothing yet. Hopefully we jv on the lot and find a monster )

Colin will be salivating at these grades

Jl

Im still confident JLP will JV with us for luansobe, bringing us closer again, it just makes sense for both companies

So we know the ore is there and the mine should become profitable.

So whats it worth to us ?

Cmon JL I know you already done the math and your a zillion times better than moi

So whats the expected income on current production once fully ramped up and whats the expected income for the extra plant ramp uo to max.production ? Minus 10% for downtime and issues

Once we look at the figures we can see what glr can afford to do in project development wise and Share Proce increase.

Many thanks in advance for anyone that produces accurate figures

Your right Cr1sp, CB's a legend can't knock him, if you look at what he has done here over the last few yrs its transformational, we just need that 1st domino to drop, I'm very happy with the results today and helps take the sweat away from luansobe as well. So many pies glr hold, all looking tasty 😋

Drilling seems to be going well, nice results, hopefully we can continue this, i noticed the grade seemed to get better deeper.

As JL said this could be absolutely huge

Colin doing good for us, grabbed us this nice asset play and potentially we will jv on the new ground also., incresed our share of ore and this should hopefully be a massive contribution to glr over many years, yielding us stability and reduced chance of capital raised and increasing the overall proce of GLR.

BS

its my understanding that its a free carry until profitability and we only profit after all associated costs have been recovered , theres expected plant to be added for ramp up. So this needs to be factored in for the time line, but yes i believe its a free carry ( similar to oil deals )

Coyote

I think JL nailed it so will be brief

I believe over time if all goes well Jubilee and GLR will become extremely close, creating a web of partnerships, Jubilee have already stated they need someone to find their ore, we are drilling and hopefully finding that for them. I would expect if all goes well i would expect that we would also drill this out for them.

Colin was hired as an adviser recently by Jubilee, after this they bought all the surrounding acreage for exploration, we already know we need someone to partner luansobe, Jubilee need ore, we have ore, Jubilee need us to find their ore and they just took on alot of ground. I would expect jubilee to partner for luansobe op1, this would surely make sense for both companies.

Id be happy to partner with a trusted company than some random, my understanding is that jubilee has had its issues in the past, maybe colins influence and knowledge can help both companies become very successful

I was under the impression that there would be no dilution of molefe, due to JLP paying all ramp up associated costs and a claw back agreement, only after this is all paid then we get paid for our 20% or whatever it is

We need it profitable and costs to be made back before we can profit, this is what we need to focus on and when we start to earn