Member Info for Moneyman64

The share price indicates that Cooperman is in charge -perhaps the share price will move to 10p just like that

0% increase in share price this year.

Rachel Thieves about to kill the AIM by a combination of removal of IHT relieve,higher capital gains tax rates and attack on ISAs

Any takeover price would have to take into account the cost of actually constructing Sable and Roan from scratch,their capacity,materials secured and the capacity of the chrome operation and PGMs-8p is far too low -no one could construct the company’s processing capacity for circa £250 million let alone their earnings potential over the coming years -a cheeky bid of 15p to 20p would be the staring point .Slater purchased shares for circa 15p so any bid not materially above this price is a non starter -25p circa £750 million would probably succeed if tabled today

Thanks Castiron

Agree with Funkysausage and Co but have to question the lack of progress in realization of any of the company’s assets and why Luansobe Is being sat on despite the licence being granted months ago

Interestingly in a recent interview reference was made Peter Landau formerly of Range Resources.

He used to continually talk up Range Resources and actually produced no shareholder returns whatsoever-!

The shareprice has drifted since Marty was put back in the box following his interview suggesting progress was actually been made here and the quick shooting down of the Daily Mail “insider article” to justify cheap share for Elphick and Glencore who seem not to give two hoots if the company fails

If a deal was anywhere on the horizon the shareprice would not be 4p!

Think if IRH make a move it will be after the results are known from the waste rock tests at Roan in November -the more successful these are the higher the likelyhood of a bid is

Tired of Bird’s hot air about copper prices -if he is right why can’t he put a deal ?

Thought Luansobe was “oven ready “ -Time to deliver or retire

“Rewarding shareholders with some dividends”:-that will be the day-seems to be a concept alien to Bird -what is happening at Luansobe which the license was granted months ago!

Just read the XTR board comments -the shareholders appear not too impressed with Bird

With all the “potential” GLR now needs a full time CEO devoting all his working time progressing the company’s projects -not Bird who flips from company to company and still yet to deliver any significant shareholders returns on any -(except the one now many years ago )

Let’s hope that a deal actually comes together on Luansobe -about time Bird gets a return for GLR shareholders as well as himself

Good production report -the significant reduction in bought in materials referred to together with higher chrome prices should mean more profit was made in the second half of the year than the first .

My quick thoughts and basic calculations is that the profit for the whole year could be in the region of $90 million with a final dividend of 3c per share (in addition to the interim of 1.5 c )

Any thoughts?

Hoping for towards the upper end of guidance-1.775 mt of chrome and 153 koi of pgms

Quarterly / yearly production figures on Thursday.

Expecting the normal non specific hot air from Bird with no deal news that would actually provide a material return for long term shareholders

Agree -we need a deal -this would have a double impact on the shareprice-firstly the monetary value of the deal and secondly a catalyst to the market showing other deals are likely

Copper hot GLR shareprice cold!

Great figures-about time Bird actually delivers material returns to shareholders from the Luansobe project -let’s hope “short term” is months and not years