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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
  -0.05 -3.03% 1.60 1.60 1.65 1.65 1.625 1.65 13,974,828 16:35:16
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -0.6 -0.1 - 15

Galileo Resources Share Discussion Threads

Showing 2726 to 2749 of 2800 messages
Chat Pages: 112  111  110  109  108  107  106  105  104  103  102  101  Older
DateSubjectAuthorDiscuss
09/2/2021
09:18
Surprised that there is no RNS that the Sandfire deal has gone through and the shares/money is in the bank!
goingforarun
08/2/2021
10:31
Appears that the attention has shifted to that other Botswana focused play namely Kavango Resources / LSE:KAV
the chairman elect
08/2/2021
10:28
All very quiet here?
dafrog
29/1/2021
18:16
Must admit that I was very confused about that too Bull, so I have taken it up with Shard and they have said that they will speak to CB about it. I suspect that we will get a clarification RNS next week or an interview. FWIW I would have added today if it was not for my concern about the future of Star Zinc, so I sat on my hands.
the skipper
29/1/2021
13:29
so will no seek the mining license direct?
the bull
29/1/2021
12:23
Half year report out.
robers98
27/1/2021
13:41
Good time to top up on this dip! Imo dyor
gowski
27/1/2021
13:36
Keeping it real was Galileo Resources (GLR), with the sale of 9 Kalahari Copper Belt Licences for $3 million to Sandfire Resources and a S$1.5 million subscription into Galileo by Sandfire. Perhaps even better was the detail that the subscription was at 2.68p, a 25% premium to the recent average Galileo share price. In addition, Galileo is set to receive a one-off success payment for the first ore reserve which exceeds 200,000 tonnes of contained copper in the range of US$10 million to US$80 million.
tonytony4
26/1/2021
16:49
Well the traders have taken their profit and moved on, but it was nice to see some buying during the last half hour or so and that 250k buy reported after the close.
the skipper
26/1/2021
14:13
The Chairman Elect, I just did that, maybe the penny has dropped.
the count of monte_cristo
26/1/2021
14:04
Proactive Interview hTTps://www.youtube.com/watch?v=w7IMSJl8XoU&t
40plus
26/1/2021
13:57
Yes it most certainly does T C o M_C And not just KAV but ditto POW Over on the KAV thread you might need to explain all of this to Tony who is so thick that he was named 8 times in tonytony4
the chairman elect
26/1/2021
12:19
It's a great deal for GLR, reduces risk but leaves huge upside exposure and let's another company do all the work. I think Sandfire will find something as they have been very successful with exploration in the Kalahari and no the geology very well. This also puts a price on KAV's land package, right? Because now one can ascribe a ball park figure based on this deal.
the count of monte_cristo
26/1/2021
11:35
Yep, Colin also pointed out that on the retained licenses there's a dome structure with 37km of conductor. That alone should underpin the current market cap, never mind the upside from the deal, and as Zak Mir pointed out the license sale is effectively a fundraising at a good premium to the recent market price, which is very,very rare these days and gives a solid indication that GLR has been historically under valued. Colin also mentions news to come on Star Zinc and Glenover with another party doing testwork at the latter right at the moment and states that GLR has been 'grossly undervalued for some time. Judging by the 300k uncrossing trade at 11 am at 2.38p I am thinking that the MMs are currently hiding buys for later release.
the skipper
26/1/2021
10:32
Sounds great to me, we offload some licenses for more than we paid for them and if they contain enough copper to become commercial, we gain a success fee of between $0-$80M. They may even be able to help and advise on our retained licenses on the basis that they would stand to benefit on those by purchasing off us. I think we should have bagged at least on that news. But there you go, the weak will leave and us stayers will multi bag in due course
the bull
26/1/2021
09:37
Interview with Colin Bird: hTTps://www.share-talk.com/colin-bird-chairman-ceo-of-galileo-resources-glr-l-sale-of-9-licences-for-us3m-interview/#gs.rqh27n
verulamium
26/1/2021
09:22
I wasn’t aware of any rumour but it’s a complex RNS and takes time to absorb the full significance of it. Great that it also releases $1.5m cash which can be used to bring forward the other assets though, so I’m definitely in here for the long haul now.
the skipper
26/1/2021
09:21
Didn't expect to be able to top up at 2.45p after that news. The irrationalality of markets is quite wonderful sometimes.
verulamium
26/1/2021
09:12
Buy rumour sell fact?!?!?
the chairman elect
26/1/2021
09:09
It’s a fantastic deal for the company and the 2.68 exchange price should put a long term floor under the share price with massive potential upside. The company has also managed to retain its preferred licences in the Kalahari as a future ‘banker’ which will inflate in value even if left unexplored, subject to Sandfire being successful with the assets it has bought into. I just can’t understand how anyone would be stupid enough to sell below the exchange price when the company also has plenty of upside potential from its other assets.
the skipper
26/1/2021
07:22
RNS looks very good to me.
dafrog
25/1/2021
11:06
Buys trickling in
gowski
22/1/2021
16:59
And a nice push back up after another round of profit taking. Hopefully the news vacuum will be broken here next week.
the skipper
22/1/2021
08:55
Good start to the morning.
robers98
Chat Pages: 112  111  110  109  108  107  106  105  104  103  102  101  Older
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