Galantas Gold Share Discussion Threads

[willib2] 26/6/2019 18:47

Panagos Oh Dear hxxps://youtube/QiqBijBp2GY

[panagos] 26/6/2019 09:23

https://youtu.be/QiqBijBp2GY

[panagos] 25/6/2019 14:23

good progress. Grabbed a few more today.

[mineng] 25/6/2019 09:40

Starting to look like a decent underground mine.

[nobbygnome] 25/6/2019 07:10

And right on cue we have confirmation of an increase in gold concentrate production with more to come later in the year. Roland is delivering on his promises.....but the market cap here remains completely ridiculous.....

[nobbygnome] 24/6/2019 20:31

>> panagos

Assuming the statements about increase in production come to pass later this year, then yes surely the company has to be ridiculously undervalued!

[laptop15] 24/6/2019 20:10

Looks like is losing money at the moment just had a read of quarterly production

[laptop15] 24/6/2019 20:07

How much production of gold per quarter and approximately how much aisc?

[panagos] 20/6/2019 08:04

We are producing at $500 and gold is at $1400.

We have cash in the bank to cash flow positive (hopefully) and our market cap is GBP 14m.

GBPUSD is at 1.27 near the lowest it has ever been for 20 years (1.20). We get paid in USD and pay our expenses in GBP.

What do I not get?

or

What does the market not get?

[panagos] 20/6/2019 06:19

XAU almost touched $1.400 last night.Isn't it about time that GAL advances to double digits? (At least).

[mineng] 13/6/2019 14:13

Sad news about Jack. He was a gentleman.

Kitco today : When you add in USD/£ exchange rate, has to sweeten GAL :-

[nobbygnome] 12/6/2019 09:10

Yes not the sort of news we were hoping for. When I saw that there was an RNS I thought, ah this why the price went up yesterday. And of course then I saw the sad news contained within the RNS. My thoughts are with his company colleagues and his family.

[panagos] 12/6/2019 09:08

Rest in Peace.

[bahamasoil] 12/6/2019 08:14

My condolences to the family of Jack Gunter and to the team at Galantas

[nobbygnome] 11/6/2019 20:53

This has further to go tomorrow IMHO.... No stock on offer so any buying will get the price motoring!

[nobbygnome] 11/6/2019 16:19

Retail service provider. It gives the real quotes the MMs are offering. What you see on level 2 is often quite misleading with one MM sitting on the offer say but actually bidding up for stock aggressively!

[panagos] 11/6/2019 13:48

what is the rsp?

[nobbygnome] 11/6/2019 13:23

Virtually no shares offered on the RSP and they are bidding up for lots of stock! About to take off IMHO....

[panagos] 06/6/2019 14:57

nibbled a few more today.
Gold price going up
GBP going down
Production is increasing.

What a bargain we've got here!

[bahamasoil] 22/5/2019 08:25

The interview clarifies the condensate figure as 100 tonnes essentially achieved using a single shift. The next quarter may therefore double to 200 tonnes. The second half may well include a third shift and could add a further 600 tonnes giving a total of 900 tonnes for the year, that is without further efficiency and grade improvements.

My guestimate for 2019 is 8000 oz Gold Equivalent

But WTFDIK

GLA