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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
  -0.09 -10.29% 0.785 0.77 0.80 0.875 0.785 0.88 4,287,979 08:34:41
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -0.4 -0.1 - 6

Galileo Resources Share Discussion Threads

Showing 1976 to 1998 of 2500 messages
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DateSubjectAuthorDiscuss
21/8/2019
19:12
I think the high grade shallow ore is surrounded by lower grade material, probably deeper too, so revenue from this could pay for more exploration, expansion, maybe deep mining, and of course the other pockets nearby.
excellance
21/8/2019
19:07
All depends what the placing level is going to be. I suspect JLP might take part in a funding round, so they get tolling along with earnings and capital growth. Question is though, with only 6 years life of mine what has Colin got lined up with all the money GLR are going to produce out of Star?
plat hunter
21/8/2019
17:07
Still say JLP should pop in a cheeky bid for 1p.
sleveen
21/8/2019
16:44
Colin Bird has said they plan to use contract miners and contract truckers, so GLR shouldn't need to buy any kit. They'll still need working capital for about six months' operations, IMO. I make that requirement about a million quid. They raised in April, so they have money for ongoing corporate expenses for a while. But they don't have that kind of money. So either they will have to sell the rare earths project, get a loan from Jubilee or a helpful bank, or raise for that much. Probably the last one. Still, I make this share pretty compelling value.
bookwormrobert
21/8/2019
16:19
They are going to have to find a couple of million for working capital to get the show on the road. A loan is unlikely unless convertible, tho maybe an offtake agreement could provide finance from JLP...Maybe?
excellance
21/8/2019
15:45
News of a deal and a loan (rather than a placing) with the resource as collateral with JLP, would do wonders for both stocks IMV.
sleveen
21/8/2019
15:43
I'm not sure this news was unexpected, so it shouldn't really have moved the market really. I think even permitting confirmation is also expected in due course. News of a deal to monetise the ore is however of great importance probably. How much will a fleet of diggers and dumpers cost?
excellance
21/8/2019
15:39
12% vanished due to short term 5% ters or forward selling a placement by some insiders
the bull
21/8/2019
15:31
There's the jork 2012 confirmation, now they apply for a mining permit.
excellance
21/8/2019
13:20
Plus we have the rare earth in the background
gowski
21/8/2019
12:36
looking good prior to the news on the deal, this is exactly what we want to see
the bull
20/8/2019
17:36
https://twitter.com/Oilplayer2009/status/1163730695421927426
gowski
16/8/2019
05:20
Notice that Eyeguy cvnt on twitter been ramping this up for a few weeks now. Normally when he does this there's a placing round the corner! Check his history! Think that cvnt works for a broker in the city.
thewardog
16/8/2019
05:19
The Bird will once again SH1T on any mugs who invest in his companies with a MASSIVE PLACING ? hahahahah
thewardog
15/8/2019
23:55
Probably the first week of September. But there should be some good news first to push up the share price. You don't have joint brokers of Novum and Shard and not use them to raise funds. With the right background they should be able to raise up to £1 million. Just guessing - I don't have any actual knowledge of any placing.
kinwah
15/8/2019
20:34
When's the Bird gonna do another PLACING ?
thewardog
12/8/2019
21:49
From LSE This commentary on Galileo by Alister Ford has probably been missed by most ....... HTTP://tinyurl.com/y6lx6cfd 'So, there’s a lot going on inside Galileo, and an asset base that seems to justify a much steeper valuation. How long it will take for that value to show through remains to be seen, but once the shares move it seems a sure bet they will move rapidly'
observer007
12/8/2019
17:37
www.proactiveinvestors.co.uk/companies/news/222414/galileos-glenover-rare-earths-project-already-boasts-a-pea-and-a-large-stockpile-of-ore-thats-already-been-mined-222414.html
the bull
12/8/2019
16:55
JLP OPERATIONALLY (but not comms) firing on all cylinders. Kabwe/Sable conditions precedents met, a deal with JLP might see GLR much higher, but 8p is unlikely in the short to medium term I'd say.
sleveen
12/8/2019
16:32
Back to 8p soon.
regandharry5
12/8/2019
14:43
Biggest volume in ages. Looking good....
pilkersa
12/8/2019
09:27
nice breakout this morning
the bull
08/8/2019
16:10
This has had its day now. No one trusts Bird ! Look at XTR back in the gutter haha. Soon we could have 7151527393939272625252 shares in issue here haha
mreyeguy
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