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RNS this morning announcing more Director buys this time CEO Adam buying 51500 shares taking his holding to 550000 shares.

From advfn:

“ hTTps://www.lusakatimes.com/2024/03/22/mopani-copper-mines/

Mopani Copper Mines, a cornerstone of Zambia’s mining industry, took center stage as President Hakainde Hichilema officially unveiled its new strategic equity partner, International Resources Holding.

President Hakainde Hichilema has officially unveiled International Resources Holding, the new strategic equity partner for Mopani Copper Mines.

Speaking during the unveiling ceremony in Kitwe yesterday, President Hichilema said the occasion marks a significant turnaround for the economy of not only the Copperbelt but the country as a whole.

My apologies for attaching a comment about GCM to a post about CHAR. But as you say the sp’s are very similar and I have been commenting on both shares this week as both have been moving north. I have been invested in both companies for many years and am pleased to see them rising. I do think it is rather immature to refer to any positive comment as pumping.

I do however agree with your comment that on a green light for GCM it will outperform CHAR but that still leaves scope for CHAR to 5 to 10 bag from its current sp if the analysts and commentators are right.

Yesterday there was a 1 million Buy at 9p after the close.

Today there was a 1.17 million Buy at 9p after the close.

It looks as if someone is accumulating in large chunks with the sp being held down to accommodate these large orders.

Hopefully we will get news next week or their will be news in the Bangladesh newspapers over the weekend that will send this above 10p never to return to single pence.

A positive start Up 2% at 9.08 on volume of 1.2 million in the first 13 minutes of trading. Perhaps we are in for another big volume day like yesterday.

More Director purchases is a positive sign. The Chairman has bought more following his purchase earlier in the week and the CFO has also purchased.

The 1 million trade was shown as a buy on advfn and as it was at full Ask at the highest price paid in the last hour of trading, there is no doubt in my mind that it was a buy. I am expecting a further rise tomorrow that could well see CHAR back above 10p.

Up 9.07% at 8.90p on volume of 7.7 million. The 1 million Buy at 9p reported after the close at 16.43 bodes well for tomorrow. It would be a great end to the week if we can punch through 10p tomorrow in anticipation of the imminent news flagged by ENOC today. If we get Farm Out approval tomorrow 10p will be a distant memory by the close.

This is already the highest volume day in the last month Up 10.17% on volume of 5.6 million. Let’s see what the final 30 minutes of trading has in store.

The use of the word imminently means the Farm in approval is just days away. Chariots rerate should receive a boost from that event.

Moving up into the close. Currently Up 5.43% at 24.25 on volume of 1.22 million.

Calibre’s success in Nicaragua perfectly showcases the potential for CNR. It is the cash generated in Nicaragua that has funded Calibres purchases in Nevada and Canada.

Calibre has always been the most obvious purchaser for CNR. They have the next door mine, management in place and an underutilised mill within trucking distance. Calibre would have economies of scale that no other purchaser would have. It’s so compelling from a business point of view it can only be price that has prevented it from happening to date.

Nimrod your ShG holding was a decent size investment in gold. Did you not consider redeploying it in other gold stocks?

It is the Uranium royalty. The guys on the Sunday Roast said the details went out last week and email them if you want to be put in touch with the brokers who are promoting it. They thought it was a £2 million raise.

Last nights Uncrossing trade reversed on open and now Up 7.14% at 9p on volume of 800000. Upto 9.34p has been paid in early trades. Is this the day we move above 10p as we await imminent news?

A good close today Up 24.44% at 8.40p on volume of 5 million. It would have closed Up 29.63% at 8.75 and Number 2 on the Leaderboard if they had used the mid price but the MM’s decided to knock it down on the uncrossing trade. This however should make for a posive start in the morning when the UT is reversed. The next news should power this above 10p and at that point it’s anybody’s guess as to how high it will rise.

I take issue with the 2 posters who are trying to suggest that the receipt of the US Government grant is delayed or in doubt. There is absolutely nothing in today’s RNS to give any credence to that suggestion. The CEO’s comment is very positive and strong news flow should be expected:

“ Oliver Friesen, CEO of Golden Metal, commented:

"Since Golden Metal's admission to AIM in May 2023 we have put many important building blocks in place across our exciting Nevada focussed portfolio. With many of these important steps now completed, we move into what I believe will be a potentially transformational period for the Company. This will involve undertaking high impact drilling and project development studies aimed at unlocking significant value at Pilot Mountain in tandem with further exploration across multiple other Golden Metal assets.

"The need for the USA to reshore its critical, battery and defence metal supply chains is approaching all-time highs, and the Company is perfectly positioned to be part of the solution. I encourage everyone to watch Golden Metal closely as we enter what should be a very exciting news-rich period."

Read the last sentence carefully.

“Lithium Americas has received a conditional commitment (“Conditional Commitment”) from the U.S. Department of Energy (“DOE”) for a $2.26 billion loan under the Advanced Technology Vehicles Manufacturing (“ATVM”) Loan Program (the “Loan”) for financing the construction of the processing facilities at Thacker Pass, targeting to produce an initial 40,000 tonnes per year (“tpa”) of battery grade lithium carbonate (“Phase 1”). The expected Loan plus General Motors Holdings LLC (“GM”) strategic investment are expected to provide the vast majority of the capital necessary to fund Phase 1.”

That is an extract from the announcement. This is obviously very good news for TRR’s royalty as the project is greatly derisked with all phase 1 financing sorted.

The buy/sell information is a total joke and most trades being shown as sells are in fact buys. The current buy price on II is 7.4p