Member Info for FunkySausage

I topped up

It seems Mr Birds new company structure is ti take licences close to existing mines and processing units and set up high grade open pit mines, with the expectations of outsourcing the stripping and shipping to the mine where the mine ore is processed by the processing plant and we get paid, a extremely cheap way for a junior to set up as a producer and become self financing, this old Bird has become a exceptionally wise and sharp man through his extensive career, looking at his other companies I dont see any with such bear potential as GLR, I am happy to leave my considerable in his trust to make all this a reality, Luansobe he said will be mined from hopefully Febuary 2023, with the Jorc incoming in the not to distant future, shouldn't be long before GLR is making a considerable amount more per Yr in clear profit than the current share price, plus the extra 5mill incoming from Africbum to tie us over until the mine is set up, then we are just freerolling in the Kalahari and every other project that we will drill. What's not to love about the legendary Mr Colin Bird, I have a huge respect for him and what he has achieved here so far in such a little time.

Funky

The Nickel is gonna be massive imo, 12x6km target, very nice, love that, that sh@t sells for chunks, reckon it could be our biggest star in the whole portfolio, while I'm not a lover of Zimbabwe, the chinese don't seem to be phased, so roll up, roll up, lets drill n flog it on, could be unlimited for the sp this one imo

Mr Bird said in one of his interviews he hoped to have the lunasobe Jorc by the end of the 3rd quarter, as he said hoped it could be a week or 2 late

Amazing shallow pit grades 11% @ 2m is fantastic

finance.yahoo.com/news/morgan-stanley-expects-p-500-133500318.html

He will do them all, he knows the Zinc has a buyer and he knows the Nickel has the huge potential for a sale to the chinese, Luansobe is getting mined, shiga and bulawayo is getting drilled, Kalahari is with sandifre, loving his style, this is going to fun watching this all build up

Yea plenty of selling recently, its held up so far quite well

I think SF have about 450mill in cash after their recent raise, so plenty to go shopping with )

Just type in luansobe

Portergeo.com.au

For the newer guys, I posted this about luansobe before

Portergeo.com.au

Mm

$20mill per 0.5%

MM

It's about 15mill

Mr Bird has said it would be a 500k a yr with a resource for 10 - 12 yrs for the open pit, so a 5 - 6 MT high grade open pit

South African-focused iron ore, coal and bulk materials miner Afrimat fits this bill.

So is Afrimat our main target to sell those Iron and Magnesium licences to in SA ?

Noted they haven't had any work done on them yet, but we have hundreds of km of licenes in SA for iron and Magnesium and Africmat would fit the bill for them to be eventually sold to.

Love that )

Didn't we sell that licence ages ago, I could be wrong, I think Mr Bird has also said that we have retained what he believes to be the best licences in the Kalahari, Bodes well for the future ), we have a serious land holding there still )

This cimonay is held rather tightly, 2.5mill bought today and we moved up nicely, 2.5mill isn't even allt, considering the compnay has 1.1billion shares, imagine what it will be like when this finally comes on the radar and the herd arrive

Cobre up 1000% in a month

They buy late, once up n running coz it don't matter to them, it's all a tax right of anyway

Shipping costs must if gone up, labour, diesel etc, with inflation so high there will be some extra costing involved, its ok HZM does have it covered, but surely some costs would of incresed without being able to stop it, not the end of the world, ahold be expected really