Galileo Resources Share Discussion Threads

[plat hunter] 20/5/2019 10:49

GLR isn't viable without JLP, save yourself the massive incoming dilution and just buy JLP

[mreyeguy] 20/5/2019 10:34

10 bagger coming in next 12 months if your patient enough. DYOR

[sleveen] 13/5/2019 13:49

pilkersa

That's my thinking too.

[pilkersa] 13/5/2019 11:10

Moving on nicely here. Could go through the roof on the offtake agreement... M

[the bull] 09/5/2019 08:11

During this interim period, Jubilee's project team has been granted access to the Sable Refinery to refine the implementation plan with a view to integrating Jubilee's vanadium, zinc and lead refining process with the existing operations at the Sable Refinery once the condition relating to the Approval by the Commission as noted above has been satisfied.

Jubilee has entered into discussions with various potential suppliers of run of mine zinc rich material within the Kabwe region. The supply of such high grade zinc material offers the potential to increase the targeted zinc refining capacity in addition to the targeted Kabwe surface material. Jubilee would only consider such processing opportunities if they are value accretive and further enhances project operating margins. Each of these opportunities are carefully considered both commercially and technically by Jubilee and ranked based on potential value addition to the Kabwe Project.

One such potential supplier of zinc ore includes Star Zinc a company in partnership with Galileo Resources PLC ("Galileo"). Jubilee is in discussions with Galileo to evaluate the pre-classification at source of a high grade zinc stream which would be suitable for further refining at Jubilee.

[plat hunter] 09/5/2019 08:08

What are Colin's shares in JLP worth over his stack of shares in GLR?

Any guesses?

[sleveen] 09/5/2019 07:46

From JLP Q1 RNS today:

"Jubilee has entered into discussions with various potential suppliers of run of mine zinc rich material within the Kabwe region. The supply of such high grade zinc material offers the potential to increase the targeted zinc refining capacity in addition to the targeted Kabwe surface material. Jubilee would only consider such processing opportunities if they are value accretive and further enhances project operating margins. Each of these opportunities are carefully considered both commercially and technically by Jubilee and ranked based on potential value addition to the Kabwe Project.

One such potential supplier of zinc ore includes Star Zinc a company in partnership with Galileo Resources PLC ("Galileo"). Jubilee is in discussions with Galileo to evaluate the pre-classification at source of a high grade zinc stream which would be suitable for further refining at Jubilee."

[the bull] 09/5/2019 07:41

During this interim period, Jubilee's project team has been granted access to the Sable Refinery to refine the implementation plan with a view to integrating Jubilee's vanadium, zinc and lead refining process with the existing operations at the Sable Refinery once the condition relating to the Approval by the Commission as noted above has been satisfied.

Jubilee has entered into discussions with various potential suppliers of run of mine zinc rich material within the Kabwe region. The supply of such high grade zinc material offers the potential to increase the targeted zinc refining capacity in addition to the targeted Kabwe surface material. Jubilee would only consider such processing opportunities if they are value accretive and further enhances project operating margins. Each of these opportunities are carefully considered both commercially and technically by Jubilee and ranked based on potential value addition to the Kabwe Project.

One such potential supplier of zinc ore includes Star Zinc a company in partnership with Galileo Resources PLC ("Galileo"). Jubilee is in discussions with Galileo to evaluate the pre-classification at source of a high grade zinc stream which would be suitable for further refining at Jubilee.

[the bull] 08/5/2019 00:37

a nice deal soon for GLR with JLP, mutual benefit as it should be. Should light up the share price which will then drop because of the raise and then rise again once cash comes in. I am in both camps/companies, not quite like the CEO/Chairman/Engineering Director

[gowski] 07/5/2019 19:02

In the video Colin says Star Zinc has visible zinc on surface which goes down 60m.Time for a nice RNS don't we think.

[plat hunter] 04/5/2019 13:25

Cut your losses here folks, learn from BMR's experience with JLP, take your loss and get into JLP before it ten bags

[plat hunter] 03/5/2019 11:03

Don't convince yourselves that Colin's 50k here means he has enough skin in the game to outweigh what he'll earn out of JLP.

I've been thinking and I'm not convinced this will end well for GLR at all. There's only one entity that will fund Star or Katishu and it'll will either be JLP as an appointed contractor or JLP will be taking part in the placing to raise the capital required to bring it online. Either way GLR will be indebted to JLP for a long time to come.. Look at how Hernic and Kabwe was structured.

JLP is a also a loan shark now for desperate companies, using their resources as collateral and appointing themselves as project managers for the inconvenience.

If you want to buy in to star zinc etc etc then then you need to hold JLP and for a bonus you'll get exposure to other metals and income streams too.

[sleveen] 03/5/2019 09:24

www.proactiveinvestors.co.uk/companies/stocktube/13193/galileo-resources-begins-off-take-talks-with-jubilee-metals-for-star-zinc-ore-13193.html

[johncasey] 03/5/2019 07:52

RE RATE HERE

[pilkersa] 02/5/2019 20:17

Nice rise into close. Should see strong rebound over the next few weeks....

[sleveen] 02/5/2019 15:25

....bulldozer and giant drill.

[sleveen] 02/5/2019 15:25

Just need pods 1 and 5 from Thundebird 2.

[sleveen] 02/5/2019 15:10

though if an agreement with JLP comes along pretty soon (which is likely since GLR and JLP have 2 common directors)that could provide a fillip to the share price

So at this price might be worth a punt on fast agreement.

[plat hunter] 02/5/2019 15:08

ahh got ya.. That's his catchphrase though

[sleveen] 02/5/2019 15:05

the oh yes was for JC's "old city vermin" comment.

[plat hunter] 02/5/2019 13:08

You in here too now Sleeven?