focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
We are a cracking buy for some major! Everything majors want in the one package. Gold, copper and lithium + 5 million in cash soon.
Great post thanks for the interview. Some people are highly likely to get caught with their pants down here sitting on the sidelines. MM's cannot hold this down forever, and things just do not tally up SP-wise in relation to the projects we hold
Ive got 2.8 million shares, you can have some for 6p lol
uys showing as sells ! buys far outweigh sells and we have gone down. You can only hold this back for so long MM's. The dosh will be pouring in soon.
To put it into perspective. An 80 million payout were we to get it, would take us up to around 7p on its own! Without any of our other projects value. Really does show you what GLR is worth when you look at the incredible portfolio we have. Plus 5 million on its way from Glenover. This is a multibagger in the making, and massive multibagger in my opinion.
I also reckon this could be a hotspot warranting potential payout -
PL250/2020 - approximately 7.24km of prospective Lower D'Kar contact has been identified
This is right alongside Cobres finds!
Either way, I would say there is a good chance we could potentially be receiving the full £80 million!
PL251/2020 - Scheduled TerraleachTM* soil survey over an area described by Sandfire as a T3/A4-type target. AGG survey also to be flown.
This could be our huge payout!
GReat update!Nvaitas seem to be a great partner to get sealion operational.
Its just one of the best investments on AIM in my opinion. Very unloved for some reason but HUGE potential. Proven projects as well. Its a no brainer in my view. Sit on your hands and we will get the re-rate.
will be sold off for a princely sum to someone! Possibly China or Elon Musk :)
Sounds a very good project to me!
good for our 5 million payout! in a matter of a couple of months!
the clowns running this had kept the £50 million instead of paying it out as dividends!
Success Payment: a one-off success payment is to be paid to the Company for the first ore reserve reported under JORC Code 2012 edition on the Included Licences which exceeds 200,000 tonnes of contained copper (the "First Ore Reserve") in the range of US$10 million to US$80 million depending on the amount of contained copper in the First Ore Reserve
23rd September this year or thereabouts that the 4 mill needs to be spent by.
That on its own if results are good is a company changer
superb! hopefully our 5 million will drop soon enabling us to carry out work on our other projects. Really will be a good year for GLR this year I think! Later in the year we will get the outcome from the SFR licence work too as they have to spend the 4 million by then - hopefully we might get a good payout from that too!
superb :)
Looking at it, it5 may be 2 separate transfers perhaps so maybe its 2x 5 working days?
" a third party involved in the fund transfer"
I agree analytical, confirms how undervalued we are. Full steam ahead to self funding! Once that occurs, the Glenover money can be used primarily for project enhancements
Also particularly like the wrap up
Good potential for a major nickel discovery near Bulawayo in Zimbabwe
Company should be self funding on production commencing on Luansobe
High value portfolio which is currently undervalued due to adverse market conditions
Interesting to see Sandfire have already spent 1.9 million on the licences they acquired form us. Another 2.1 million to go. Any large find could be a huge payday for us!
Great presentation Ella, thanks for highlighting that