Member Info for FunkySausage

Portergeo.com.au

Give that a read

Probably about 10mill going on atomic price and estimates for cuda, alot of times these oilers get the oil at the time of agreement and then they do all the paperwork etc, so we would have the oil before close, in my mind it makes it alot cheaper on the bank balance, im sire if I'm wrong it will be pointed out

Tullown is not a comparison, it produces 60kbopd and has a massive debt, of the top of my head it's about $2 billion

Has anyone got a link to the telegram app pls

The kalahari is fine imo, SF would of released the licences by now if they didn't want them and certainly wouldn't be pumping 4mil in a free carried drilling campaign, in poker you play your cards close to your chest )

Funky

Does anyone have a link to both groups pls

Thanks

Funky

Sounds locked in, love it, not long now for those $$$$s to roll in, I wonder what Colombo thinks of it all lol

Doesn't sound good to me at all, normally these readjustments of policy takes years of consultations, lets hope its not disruptive to investment and is concluded swiftly or just bluster for votes

Im liking this more and more, its about as close you can get to the Democratic Republic of Congo without actually being in that jurisdiction, for the ones that have been into miners for a good few years will be well aware of the bountiful booty that lays under their lands, but also what goes with it, for us to be in Zambia instead of DRC is a huge plus.

It sounds like we have something interesting here, attracted by the one historic hole, but in further investigation 9 targets are available, mostly already opened up by artisnal miners ( normally thieves by the way ) all with visable red gold showing, now he has told the field crew ( normally students for trenching work lol ) to grab a good few rock samples ( picture a guy with a pick axe hacking, unless they took the generator and hydralic drill ) so importantly these should be very high grade smaples ( standard ) plus we will start drilling here very soon, length, width and depth of the potential vein/s are all crucial here, o and ofc grade, I'd like to see mapping of whats already mined ( no chance, zero, zilch ) but so far sounds promising, happy for CB to pursue this further, could be another small high grade open pit, he seems to lime this tactic currently, and why not it, it seems to be working just fine, we know theres copper there, they can see it already as the miners have opened it up already, its just linking it all up and finding the rest and the sweet spot depth, so we await the rock samples to get all excited over ( ooo the grades will be good ) , while the drill rig is deployed and starts drilling, and then more data and hopefully a good chunk of copper and gold to chase after.
Below is the bit i liked the most, what's not to like here ?

Funky

nine target areas with mineralisation or alteration of interest were identified during mapping. Almost all were artisanal pit working exposures with visible copper oxide mineralisation. Altogether 27 rock chip samples were collected for copper and gold analysis from the exposed rocks, all of which have been submitted to the SGS laboratory on the Zambian Copperbelt for copper and gold assay.

The only place columbo wants to see this share is in the dirt, lame post saying he wants it to do well, we have all seen the posts over the yr/s, move on m8, before its to late and Glr starts romping it, we will be producing from a high grade open pit by Feb next yr

Aerial survey completed in Zimbabwe, love that, we await the data to mull over and for a drill campaign to be arranged and commence.

Luansobe, just sounds better and better every time its mentioned, lets not forget by Feb next yr ( 9 months away ) we should have a nice juicy Jorc of 30-59 mill tonnes with a fat grade of around 1.5-2% with a open pit of 500k tonnes of ore to be processed per yr, whats not to like here, we will be mining soon enough ) with deilling ongoing along side to define a resource fir the under ground, we should do very well from that alone.

Star zinc - a nice uodate should be around the corner there for some more royalty payments, it juat gets better and better

Moneyglib

Our kalahari licences was passed over to sandfire, tyey are spending 4mill drilling it out for us, with a payment if they decide to take them upto $80 mill, considering we gave them a A1 dome and colin said when they drilled it, it had visable copper it all sounds rather promising, unfortunately the cores have been locked uo by sandfire until they feel they want to release the details, the fact the culpric canyon next door is for sale, its no surprise they dont want to release the grades, glr could easily be swallowed up if lotsbof copper are around, hence the silence that sandfire dont want to let the cat out of the bag

The core grades would help from SF, unfortunately they seem to be locked up, its not surprising SF doesnt want those visable red gold grades public, that in itself speaks volume for me, im sure CC data room is open, lots of big fish will be taking a look, right on our doorstep, with such a low sp, love that.

Luansobe is intended to have a Jorc by feb, now that will show a lovely grade and pretty much a rerate locked in.

Zimbabwe - deals have been done recently, but im not over intrested in this, not yet anyway, i dont really like the jurisdiction, but the aerial data will be along soon enough, maybe that will help to sway me on this one, i just dont really like Zimbabwe for investment.

Its not much longer until we get a substantial chunk ( compared to our sp ) of money coming in from the gelnover sale, sits us very nicely cashed up, ofc we will spend it on the projects, but we wont be diluted, thats for sure.

Dont forget Star Zinc, royalties coming in regularly now and on schedule will feather the nest very nicely, this will esisly keep our lights on alone for years, a nice bit of security old CB has given us here, love that.

Colombo, i kinda cringe a bit when i imagine what cb and how much you must off lost, to regularly stop by and continuously be negative, i can only imagine your still suffering, how could you not be, being so negative, memtal health is everything, sometimes its better not to re-live past disasters regularly, for your own sanity, no fun remembering bad experiences.

Funky

We could most definitely do with a independent presentation on all our projects, would be nice to see whst value they think we could worth

markets.businessinsider.com/news/stocks/putin-decree-russian-billionaires-tycoons-foreign-stock-listings-ukraine-2022-4

Its not pi that have been selling, its the guys that have been paid in shares for the work they have done for GLR, as frustrating as it has been, it looks like most of it has now been cleared ( hopefully ) but on the plus side he has protected our balance sheet.

We have lots of drilling to be done this yr, hopefully the core samples that are being re-evaluated for lunsabue ( whatever it is ) is nearly completed, plus we have the other zinc project thats is going to massive also to be drilled plus Zimbabwe ????, lets get those drills turning and get a Jorc on all 3 ??

The lack of liquidity makes this share move on a pi buying in, Oddrongo by the sounds of it is responsible for todays rise, it is very hard to buy any significant amount of shares here, it isnt easy to grab them, just shows when she blows, she will blow very hard.

Funky

13.08
13.09
2 decent size trades

Money gets spent, bfg is right, we need to hit something in a drill core for a substantial rerate, lots of drilling coming this yr amd next, thats for sure, this sleeper is slowly waking up and once that turbo kicks in, im sure we will all be happy and hopefully it will be worth the wait

Billy

Im in until the end of the war, Russia can't sustain the attack for much longer, once Truss said sanctions woykd be removed at the end of the war, that was it for me, i got 400k shares for 10k a coupke of days ago, target is 15 - 20p for me, happy to wait, they also have incresed their production facilities and will also increse again later again in the yr, max stay for me is a yr, Russian gov has said they will buy gold at a 20% discpunt if needed, they have cash to pay their bond due, eof results should be good, lots of decent news coming imo, only bad news would be russia goes back ti full invasion mode, which i dont think will happen.

Looks fake, has a spelling mistake in it