Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Under the glossary section of yesterday RNS
¹ First IML Application means the first IML application submitted by Damsila Exports (Private) Limited (Company subsidiary) to the GSMB on 28 April 2014
NtM, the next definate leg up would be the mining licence award however folks might be adding 9 month of delays to that and thinking they have all year to build a position. Let's see what Crane has to say on the topic. Did I read in the RNS correctly that a first application went in back in 2014 ? Could be we already have a good first pass to build from.
Hopefully dip will be short lived but a necssesary evil to let the sellers out who consider Jan to be too long to wait for next news. Lots to be positive for here but the company need to show us they are capable of delivering the milestones within their control.... Politely blaming the government for delays cannot carry on for ever.
I took a small holding here today, was amazed that I could pick up shares at the same ask as yesterday despite a massive derisk in getting EIA. I wonder if it's the fact timescales are mostly into the new year for near term deliverables or perhaps the market don't believe in CMETs (or government) ability to turn a Mining licence around in accordance with their plan ? Xeiger
Hi Datacheck,
Thanks for the info, I agree re Star Zinc, it's one of the features I like about CB companies that they have the potential to be self sufficient explorers.
Shame that there hasn't been the ramp up in expectation of drilling the dome and other holes that sometimes happens however it's provided an opportunity for what I consider a cheap entry. It means any positive result will lead to a re-rate in my opinion. New flows seems to be an issue but we know CB can turn on the magic when he needs to... I wasn't worried about the big sell, it's less that 1 percent of the company and there are many good reasons for a sale, I think unlikely to be insider trading as some have suggested... someone could have waited for the drilling RNS and thought meh and moved on.
Hi all, I took a small position here a few days ago, unfortunately for me before the 10 mil sell but hey ho, cannot predict a HNW individual deciding to sell up. I thought the RNS was missunderstood by the market and multiple contacts of the target formation was positive, and also finding trace amounts of copper in one of the holes was a great result for a first drill campaign. All of that data will be invaluable to informing the next drill holes. Am I correct in thinking that drilling the dome is a highly anticipated hole for GLR ? Any trace of mineralisation in the dome could be transformational for the company? Thanks All. Xeiger.
Talking about golden nuggets I loved this
This is interpreted to extend the mineralisation drilled in hole BRDD-021-024 by 300m further to the southeast (refer to RNS 9th November 2021).
300 meters !!
Being mid 30s means retirement feels like a long distance mirage, will I get there and it is real ? Lol
Running a pub looks hard work, sister in law owned one and now manages my local for St Austell. Of course I answered the call for help to rescue beer from the cellar before first lockdown :-)
Joeman, I was thinking the same thing and also that the 3D model will be a sight to behold, they must be getting down to the level of fidelity that they can show the fingers of the intrusion as well ?