Hi everyone, it's been a while since I posted here....over a year as I don't post much.... but I am still a believer in this company
I will shed some light on current standings so any newbies can see what they get here
Comparison's along the same Kalahari Copper Belt :
NRX - $11m m/c - Already proven 10mt Cu approx valued @$1Billion IGV (only scratching surface)
CBE - $114m m/c - Continually proving up spectacular drill results at Ngami and will continue to do so
SFR - $1.93b m/c - An established producer who is coming closer to deplete their reserves in Oz where they founded the De Grussa mine which has been a great success driven by a great board. Since then they have set up shop in Botswana along the Kalahari Copper Belt and have begun assembly of their new Motheo plant
I have always said that from all the junior exploration companies out there, their are only just a couple of key main points that separate their achievements, that being the board's background experience and knowledge within the field they specialize, second is if they have any JORC / proven reserves otherwise the company you invest in is purely made up of hopes and dreams or the word "potential".
Which brings me to say that way did 2 very smart cookie's decide to come to this basically valueless company from the SFR board ?
Do they want to prove themselves again or is the financial gain just to good to ignore?
The 2 key people being
Robert Klug = ex SFR Chief Commercial Officer, also played key part in MOD acquisition
Bruce Hooper = ex SFR Chief Geologist
Previously I pointed out that the historical drilling they have on hand is worth $34m with +170,000m (say @$200 p/m) - this is on a plate for them to analyze already valued 3 times more than current m/c
Near term catalyst -
- Assays from Daheim
- More approved acquisition's near border
- Gov clearances for exploring / drilling on many fronts
- Results from drilling several regions along Kalahari Belt
- More step out hits like recently 500m from existing Cu hits
- CBE fresh results due this week
There is only $2m in CASH currently so a decent CR is around the corner, but I don't consider the board will decide to release under current market value, with 192m SOI they have plenty room to play as other juniors have over 1 Billion SOI and are no where near advanced than this
Our goal is to see a good cornerstone investor instead of the notorious groups that specialize in P&D
With a DISTRICT SCALE land holding on a Copper Belt with a 300km strike within our tenements
Down the track, we just won't know when I suspect that SFR will make a full Take Over offer for this to give long term sustenance for their Motheo Plant, and some peep's wondering if Namibia is comparable to Botswana = Yes both are very Pro Mining Government's
Just give the board time to do what they do best !
I'm not looking @10c = $19m, but 50c = $100m, then $2.50 = $500m so on
My favorite line = COPPER IS THE NEW GOLD
GLTA
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.351M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 2376500 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.3¢ | 1000000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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4 | 2376500 | 0.012 |
5 | 411909 | 0.011 |
3 | 700000 | 0.010 |
1 | 220000 | 0.009 |
4 | 650104 | 0.008 |
Price($) | Vol. | No. |
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0.013 | 1000000 | 1 |
0.015 | 610446 | 3 |
0.016 | 703428 | 3 |
0.017 | 965500 | 3 |
0.018 | 646000 | 3 |
Last trade - 13.20pm 16/09/2025 (20 minute delay) ? |
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