Member Info for JuniorLassonde

I agree Rodney. I was dubious about Kamativi rumours given the exploration license renewal needs to land. But 4 additional small scale mining licenses as well!!, and the information to support the applications means something different. I am wondering whether it’s Lithium AND Tin as well. There is also copper in that license and Tamgalum the extent of which needs more work. But all positive. Another potential asset Sell/JV soon enough. A great optionality play for the eventual buyer.

Tucked away in the annual report:

'Galileo and Sinamatella are actively progressing exploration permit renewals with the Ministry of Mines of Zimbabwe concerning EPO1782.

Galileo and Sinamatella are ALSO finalising four small scale mining licence applications that cover highly prospective ground in the area over the Kasiloma prospect between the historic Kapata and Kamalala Mining areas of the Kamativi Belt.'

An additional four small scale MINING license applications!? In addition to the continuing exploration license. That is new news. Interesting.

'visits from a number of mining concerns [to Luansobe] who have expressed interest in participating either through joint venture, via off-take agreements or even through direct purchase.'

How many companies are creating competitive tension for Luansobe assets?

'The potential for an iron-oxide-copper-gold (IOCG) system [Shinganda] remains uppermost in our thinking, although in the more immediate term a number of near surface targets present themselves, which could be advanced into shallow short term mining potential.'

Possible link up with resource processing using same facilities as Luansobe when it is up and running?

'This project [Luansobe] now has all the licences and permissions necessary to go into production.'

This would be more than the mining license and contains news that would have been better released incrementally.

I expect a deal very soon. So well done on an important milestone incoming. IMO.

'Significant optionality' - as discussed previously.

The priority for the reporting period included the completion of [Luansobe] open-pit sensitivity analysis, which has facilitated advanced discussions with third parties who are interested in developing a multi-faceted mining approach at Luansobe, which presents significant optionality in future mining and processing scenarios. The company intends to rapidly advance the near-term open-pit mining potential at Luansobe, while preserving scope for the longer-term underground potential.

;-)

KCB Ngami Test: https://www.listcorp.com/asx/cbe/cobre-limited/news/cobre-produces-maiden-copper-cathode-3250221.html next door to GLR’s PL253 currently being drilled.

As Mr Packwood was a huge investor in GLR back in the day, he would have had some clout, and will likely know Colin very well. At least, I think that is a reasonable assumption/speculation to make. And the fact he is back with a solid 5.1% interest is significant in many ways. He will likely want his £0.5m to work for him and quickly no doubt. I also expect this will not be the last TR1 RNS. Bring home the bacon Colin.

Iani, there are several NDAs in place, and any of them could land as a deal before Xmas.

Ka$hitu, Luansobe, KCB, Kamativi seems to be where the speculation is going at the moment, and some big money speculation is supporting that IMO.

He will not be the last … :-)

Wondering whether Jonathan Swann will also appear at some point given he is a significant shareholder in Bezant and African Pioneer and popped here recently.

Another strong + TR1 on its way soon I reckon ...

Nice! He was a serious and significant investor several years back. He's back.

More to come...

If the directors could not take part in the placing, then I doubt they could buy more on the market until the current round of negotiations are concluded. In which case - someone else is buying - all good :-)

Large trades... any ideas?

Split it into phases. Phase 1 - open pit - 0.25% cut off grade etc highly cash generative then Phase 2 underground can then be reached from the open pit later on. Then there is the potential below the pit, and the deeps potential - 62mt approx 2.5% Cu. Either way … big deal incoming

Https://x.com/Trader__007/status/1970868747381670269

The SP went up. Simples. All good.

Which Emails did you use Rodney?