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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
  -0.015 -1.67% 0.885 0.87 0.90 0.905 0.885 0.90 2,100,295 12:03:51
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -0.4 -0.1 - 7

Galileo Resources Share Discussion Threads

Showing 2026 to 2044 of 2575 messages
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DateSubjectAuthorDiscuss
18/10/2019
15:37
Point proved Bookworm.. Thank you and good night
plat hunter
18/10/2019
15:35
Everything always gets reduced to your level with you, Plathunter, doesn't it? Not so much the gutter, as the sewer. I'm putting you on filter now. You're just a waste of time and space.
bookwormrobert
18/10/2019
15:32
Cowardly and vacuous, So i imagine you won't
plat hunter
18/10/2019
15:31
You not taking me up on the time stamp Bookworm? "This will trade at 0.32 prior to production, the small mining licence will be transferred away from GLR and they'll be another placing which will have a combined value with today's placing of at least 50% of MCAP." That's my prediction, what's yours? I'd love to see who ends up being right
plat hunter
18/10/2019
15:24
I don't see it sleeven. The mining rights are getting transferred to a joint venture company, which will hold project discretion with costs to be shared equally with regards to each parties interest in the project. PI's getting squeezed out here.
plat hunter
18/10/2019
15:21
Bookworm, you beat me to my amendment.. Every one knows 125 x 4 is 500 it was clearly a typo.. Do you not get bored of being so angry all the time. Do you not think it's time to grow up? Anyway, Some here will think that getting diluted by nigh on 25% is good value to keep the lights on and transfer the small mining rights to a Joint Venture company that they will not 100% exclusively own the rights to. There's no exit strategy for buying in at this share price .. You'll see this sub 0.32 before production starts and that's nailed on... Give me a time stamp and put my balls where your mouth is. All the best with it though and catch up soon, you are an absolute delight and I can't wait until next time.
plat hunter
18/10/2019
15:18
PH Assuming a deal is done with JLP (good for both companies) GLR are cheap even allowing for the Birdie factor. If a deal is announced GLR could double in a few days IMHO. It's akin to buying JLP at 2p, what a bargain that was a year ago!
sleveen
18/10/2019
15:12
125,000,000 Placing Units comprising 125,000,000 ordinary shares ("Ordinary Shares") of 0.1p each (the "Placing Shares") at a placing price of 0.40 p (the "Placing Price") per Placing Share to raise GBP500,000 before expenses subject to admission to trading on AIM ("Admission") and 125,000,000 Warrants ("Placing Warrants") to subscribe for Ordinary Shares at an exercise price of 0.60p per share £500k shares + £750k warrants (assuming conversion to shares) = £1.25m.
sleveen
18/10/2019
14:57
Is the total value raised not 500 thousand Sleven? The placing value was for 40 bps of a penny No institutions have taken part in this placing...It's tiny. And if Bookworm really thinks that 500k fully funds the project then he really is as stupid as he sounds.
plat hunter
18/10/2019
14:34
125m placing units: 125m shares @ 0.4p/125m warrants @ 0.6p Birdie took 5m placing units Others took 120m placing units. Total raised by the placing units £1.25m assuming warrants get to roberts 0.7p or more.
sleveen
18/10/2019
14:30
Https://www.voxmarkets.co.uk/articles/predator-oil-gas-galileo-resources-and-chris-bailey-on-3-stocks-with-new-out-dea8b42/ @15mins
sleveen
18/10/2019
14:25
Hi PlatHunter! Thanks for the clueless contribution. I'd suggest you re-read the RNS: 1. The directors didn't take up the placing in its entirety. They took a decent number of shares, but no more. 2. The warrant sweetener to the broker is only a tiny number - 3 million. 3. The issued shares seem to be remarkably sticky so far. GLR is trading at 0.45 currently, well over the placing rate, and it is hard to buy shares (NT for any volume). 4. There may well be some kind of warrant "ceiling" for a while - but nearer 0.7p to allow for a decent 15% incentive for warrant conversion and sale. That's 50% above the current share price! So almost everything in your post was wrong. As per the usual with you. But the big story you've missed is that Galileo are now effectively financed to production.
bookwormrobert
18/10/2019
14:03
I really don't like it when companies conduct placings with the directors taking up the offering in it's entirety and paying the brokers in warrants to further dilute shareholders at a later time. The cost of the exercise is wholly undertaken by the shareholders and not withstanding CB's existing relationships with large family offices and institutional investors, you've got to ask how come none of those were interested? (It's probably not big enough) Not only that, one might argue that there's a ceiling here now of 0.60 for the foreseeable. I've been watching here for a while now as being a naturally curious JLP holder but I've seen as much as I need to now and in the famous words of Mr Bannatyne... "I wish you well with it but I'm out and i won't be investing." ATB Plat
plat hunter
18/10/2019
13:35
Just bought back the shares I sold a few weeks ago! A placing was desperately needed. T'other thread: "sleveen 8 Oct '19 - 17:25 - 107 of 108 From the final results: Net current liabilities circa £500k and G&A of £400k to pay over the next 12 months."
sleveen
18/10/2019
11:24
No cash Bull.. Entering into negotiations when you don't even have enough cash to facilitate your own BAU activities is a really weak hand to play. This placing stops GLR ending up like BMR imo.
plat hunter
18/10/2019
10:35
There was no need to raise money till after the Jubilee deal and then it could be done at a higher price. This raise stinks
the bull
18/10/2019
10:25
Bingo! "sleveen 8 Oct '19 - 08:12 - 106 of 107 Surprised there hasn't been a placing. Time yet though!"
sleveen
18/10/2019
09:23
Dilution here was obvious and called it, as well as the discount, way back in July see 92 of 109.
plat hunter
18/10/2019
09:03
JLP for me to think this was 10p a few years back
deme1
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