Share Name Share Symbol Market Type Share ISIN Share Description
Galileo Resources Plc LSE:GLR London Ordinary Share GB00B115T142 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.47 0.45 0.49 0.47 0.47 0.47 850,000 08:00:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -0.4 -0.1 - 2

Galileo Resources Share Discussion Threads

Showing 2151 to 2170 of 2175 messages
Chat Pages: 87  86  85  84  83  82  81  80  79  78  77  76  Older
DateSubjectAuthorDiscuss
05/12/2019
16:59
Colin and the confetti canon: Bezant Resources PLC Placing to raise £350,000 (gross)
sleveen
05/12/2019
13:26
If anyone fancies phoning Andrew Sarosi, his number seems to be 01752 221937.
tim000
05/12/2019
10:01
You stuck 20k into here Bull :-O
plat hunter
04/12/2019
22:17
I can't imagine Colin letting IIs in at a discount unless absolutely vital for ongoing ops, as he would be diluting himself more than anyone.
cmackay
04/12/2019
20:08
Tonight you people need to research ALGWBIG PLANS 100,000,000 million. Credit facility about to be approved and signed by a leading UK asset managerMcap of this company is only 5m nowWill be multiples And way past 20pDnt be left out in the cold
jammydodger1
04/12/2019
17:57
Are we just so damn early in this and the stock is just unloved/ignored because of past failings or are we cannon fodder before a huge issue of stock to let II's in at special rates. At this market cap, it wouldn't take too long to accumulate a sizeable holding
the bull
04/12/2019
16:13
Thanks Russ, that’s definitely a better scenario.
tim000
04/12/2019
14:53
Tim from the RNS on 21/8 and the podcast (post 181) CB talks of revenues of around $15m per annum: hTTp://uk.advfn.com/stock-market/london/galileo-resources-GLR/share-news/Galileo-Resources-PLC-Star-Zinc-Issues-JORC-2012-T/80581093 'The MRE will allow for a 6-year life-of-mine small scale operation to produce rock mass of only 5,500t/month containing 12,000 t zinc metal per year to Kabwe. While in-house attributable revenues are projected at about USD15 million annually at current price, the annual all in cost is projected not to exceed to USD2 million' So in this case does that assume less annual output from STAR than you posted (12,000 tpa) but with a higher percentage revenue share of the zinc to give them $15m per annum revenue - or am I missing something? Also in the RNS re offtake agreement it mentions 'Ore supply for up to 60 000t tonnes (t) ore per annum ' which fits more closely with the 21st August RNS where it said '5,500t/month containing 12,000 t zinc metal per year to Kabwe': hTTp://uk.advfn.com/stock-market/london/galileo-resources-GLR/share-news/Galileo-Resources-PLC-Update-on-Offtake-Agreement/80856017
homebrewruss
04/12/2019
14:30
Not got his no to hand. Nice 2.5mill buy on Nex but it's very quiet! Anything decent to buy( or sell) goes to NT.
davethechef
04/12/2019
08:47
Dave, an alternative would be to call the FD, just as oiltap has done.
tim000
04/12/2019
07:22
Galileo is very much below radar - listening to the VOX podcast they suggest free cash of £10m on the Zinc toll mining project - if so how can this company only be valued at £2.5m. Re-rates are in vogue in the junior mining space currently - this has to be in line for one to say the least. Https://audioboom.com/posts/7348903-predator-oil-gas-galileo-resources-and-chris-bailey-on-3-stocks
mrmcnee
03/12/2019
23:14
Well done Dave, I assume/hope you are ignoring that taping request
the bull
03/12/2019
22:37
Regrettably No, not yet!?! I may try again, but usual patience required for positive update.
davethechef
03/12/2019
22:14
... if Birdie calls back ... record the conversation ... it may be useful to provide as evidence :-)
red rook
03/12/2019
22:09
DaveTheChef, ...regarding Birdie having applied for the mining license AND environmental permit. You posted on 27 Nov '19 - 15:29 - 156 of 176, that you had 'left a telephone message on their London Office' .... did you get a reply :-)
red rook
03/12/2019
21:05
Taken from LSE, earlier today, care of oiltap's post 'I called Andrew Sarosi and had a quick chat. He is optimistic on getting the offtake agreement signed with JLP and they are at the final stage of negotiations - dotting the i's and crossing the t's. In addition I asked him about contracts with hauliers and miners. He said they had several quotes in, and they are working their way through them and it's looking good.' Looking positive!
davethechef
02/12/2019
14:49
If one looks through the history, GLR's TVR RNSs are sometimes followed (within a week) by substantive news, either on projects and/or finance. I'm guessing there will be news of some kind before Xmas.
tim000
02/12/2019
14:33
True, the strategic value of these assets may have increased to a US investor, but I imagine they would wish to buy out FMO at the same time, making the transaction more complicated. I haven't yet seen any transactions for REE projects, nor external investment in such projects (at least on AIM), arising from the desire of the West to become less dependent on China for rare earths. Does anyone know differently?
tim000
02/12/2019
14:15
Thanks tim, politics now plays a part though, that is if some US company makes an offer.
the bull
02/12/2019
12:37
The Bull asked above what value GLR's 34% stake in the Glenover JV might attract. I've now researched the history of the company more thoroughly, which provides an answer. Fer-Min-Ore, the South African JV partner, offered GLR $4 mn for its stake in Glenover in January 2015, but the prospective sale was terminated by mutual agreement in August 2016. It is not known why the transaction didn't proceed, nor whether FMO would still be a willing bidder for GLR's JV share today (the minority share will be much more attractive to FMO than anyone else, unless the prospective purchaser also buys out FMO at the same time). But imo it seems likely that any bid would still be of the order of $4 mn, as the project doesn't seem to have progressed significantly since then, and the carrying value of the project in GLR's accounts hasn't changed significantly either. $4 mn should more than fund the company to the point at which it is earning substantial cashflow from Star Zinc next year. The award of a mining permit, the sign-off of an offtake agreement with JLP, and a sale of Glenover for circa $4 mn, all in a short time period, would truly be transformative for GLR, and its share price.
tim000
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