Member Info for Gray1

More pointless drivel

This is only for Molefe. Nothing for G so it looks like we can probably forget about any production from there until the next financial year and will probably have to give more of it away.

Why give so much away for such a small sum? Why not just pay them to carry out the work? What experience do they have of running a mine? Very uncomfortable with this. GLR have no money just continually raise cash as ever with CB.

The Luansobe project in Zambia that GLR have a licence for may be another potential link up as well.

First impression not impressed seems like old mates bailing each other out. See what happens.

Very little point actually standing up and delivering it.

Absolutely this is a catastrophe for the government.

OBR leaked before the budget shocking she should resign £26 billion to be raised in taxes.

They have leaked just about every possible tax rise or increase in benefits going to test the water. There will be winners and losers. Reeves and Starmer hoping they will be in the winners circle and not falling at the first fence. See how it goes and how it gets received their political careers are in the red box.

You don't always give that impression Harmprof. I am neither bullish or bearish just waiting to see what they do step by step, RNS by RNS building steadily as it goes along. Last RNS was a step in the right direction as far as I am concerned so we shall see if the next one is.

Might be better waiting for the next RNS see what that brings and take it from there you can't change the past.

I wouldn't argue the strategy has been shall we say flexible but I am more interested in what they are doing now, The past is the past can't change that.

Read the RNS 5th Sept will help Harmprof think it was Southern if memory serves me correctly

RNS 5th Sept 2022 Roan reaches nameplate capacity.

LWP wasn't bought until 12th Sept 2023 a year later.

Just repeating the same thing doesn't make it right Harmprof.

No they didn't build Roan to process LWP you are wrong Harmprof.

Third party ROM came later they have explained why they chose this. There hasn't been enough cash to do the LWP on their own and they still intend to partner however if copper steadily ramps up over the next 12 months and with the staggered payments from the sale it is possible they could do it on their own in another 12 months or so. On the other hand they could sell it all to the third party who is processing it who knows.

Harmprof they were only trialling 15k tonnes of LWP material at Roan they never had any intention to process it at Roan. It has always been the intention to build modules on the site of the LWP and process it in situ.

From your comments Metal Trade you have serious doubts about this company if so you are probably better off moving on and spending your time finding a share you are confident in instead of wasting it here. This isn't the share for you.

I don't mean this derogatory by the way you should have learnt enough by now with the questions you have asked and from the RNS. You don't seem happy with how Roan is performing and taking on 3rd party ROM and believe JLP need to get lucky again and if that is the case you shouldn't invest in a share where you feel it needs to get lucky.

Good luck with your future investments.

We shall soon find out 88. Their is usually the odd carrot in there for their supporters such as scrapping the two child benefit might drop VAT on gas and electric but that will be extra money and taxation still to find on top of any other shortfall however exaggerated.