Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Interesting finds chaps - can't believe LSE asterisked my very light swear word!
Yes, thanks both.
Good find BricksSA. I have had GLR on my list for a while but funds have been limited, but planning to buy over the next couple of weeks. CB seems to have a knack of pulling these things off and I sincerly hope he does it here at EUZ
@ Gizzard...Interesting you say Peel working for a buyer..... I checked this out.....
https://www.stockopedia.com/share-prices/galileo-resources-LON:GLR/news/galileo-resources-peel-hunt-llp-holdings-in-company-urn:newsml:reuters.com:20190503:nRSC0611Ya/
They own 14 % of Galileo....another CB company.
Funny old day - I expected a rise but with more volume. I don't suppose there's any chance of this inching up quietly is there? I have a feeling we could have fireworks next week - no doubt attracting a new wave of charlatans one minute predicting a buyout at 2p then by the end of the day a placing at 0.02p :)
MMS want cheap shares, raped stop losses yesterday, now pretty much back to where we were, Peel are sitting there with a large buyer imho, they will crack soon, news possibly mon or Tuesday gla....
Two on the bid now - Peel working for a buyer imo. Market maker is a complete nonsense more like market destroyer.
Wins being aggressive on the bid, tick up ton.026; peel still controlling ask, hmmm, looking for stock on the cheap before news next week possibly....
BB & SN: Please read what I said and not knee-jerk focus on two words. I researched this company a long time ago and bought in at the time, despite my reservations over the directors lack of skin in the game. Anybody who buys on a tip from whatever source is a fool. I believe what's really holding this mcap back is a lack of trust in their interest in shareholders other than as a source of capital. That's my opinion and other people have echoed the same sentiment. End of story.
I believe in the asset, not the management, and I doubt that the mets when they arrive (hopefully next week) will result in more than a blip. I may be wrong, but history suggests otherwise.
could LRs plan be to complete the announced drilling and additional works in early Q1 2020, to increase/firm up the assets and then do an EUA type RNS stating we've engaged a company in order to commence a sells process .
Just a thought!
could not make this up FFS
now, why aren't I surprised by the share movement today.........
Oiltap spit on as ever...
"Twitter", I would always invest on what someone says on twitter! LOL.
I would rather listen to the local ****head spouting carp, the local drug user and throw a dart at the FT shares page to see which I should invest in.........
Joking aside I researched a company last year for 5 hours whilst on holiday before investing and I 6 folded my cash in 3 months, because I didn't use any of the above...
That said as a LTH here I did get this wrong here, as I bought at a much higher price than where we are now but have managed to average down some what. Now just a waiting game I think, maybe as early as Q1 2020.
GLA
PS some great informative posts / views from the usual crowd over the last 2 days which I have enjoyed reading back on.
3v1, peel still controlling the ask, hopefully they will
Move off today
I'm still here.......backed off a bit as none of my predictions have come true, really hope the METS takes us back into the 30's
Well I've added a few, should see a bit of a move today in anticipation of the mets next week. The question is when they land will we hold the gains? I suppose it depends whether the institutions are satisfied that they've balanced their positions fully into can't lose territory. Frustrating but not alarming that they do this as they're wealth protectors and are answerable to their clients. I'm hoping they've used this period between JORC and Mets to achieve that and they'll hold their trimmed positions for the endgame. Just my thoughts / guesswork but hopefully some kind of logic there that could be born out.
"respected twiterati"
Erm.
Anyone buying now is getting a very good price
I think this is just about to get moving. I have a feeling some criminals have caught wind of news. Lets see! All completely IMO. I've got the Friday feeling :-?
What's holding the shares price back? Apart from the MMs I reckon it's the reputation of DB and LR for not protecting or looking after shareholders interests. That's the word from a number of respected twiterati. Come guys, it's been a long and rocky ride. Time for the magic.
Looking forward to the METS next week prior to the agm, wished they'd had the meeting later than 10am coming from Manchester is too early for me. Expecting answers to lots of questions as pointed out by others, we need more PR eg. tweets and energy to get this great story out there. £4M cap for an NPV of discounted £110M is laughable. Very quiet at the mo no doubt due to NDAs.
@B1ll...you make some very valid observations. I agree with you that the PI's are carrying all the risk at the moment as it seems like our strategic partners have already "derisked" to a point where they are having a free ride. This being the case it is us who have paid for this project to date and I think LR is aware of this and pushing on rapidly for our benefit. All will be revealed soon I suspect based on Oiltaps feedback.. LR seems very busy and upbeat at the moment so I am totally relaxed. I do however think that particularly as the SP is where it is..that more communication should be provided via various channels to SH's in order to increase awareness of this great asset and try at least to put some positive news out in order to put the spotlight onto EUZ. From an Operational standpoint as mentioned numerous times on this BB we cannot fault the BOD. Communication imo remains a challenge. However having said this if any NDA's are in place it could be very restrictive for LR and it is highly likely this is the scenario. Yep it is rather frustrating but in this case patience is key.Hang in there mate...:-$
Cheers B1ll - by the way who are the definites for the AGM? I won't know if I can come until the night before but I'd be interested to know who to look out for if I can.
Bricks, Oil and Shed. Thank for your knowledge guy’s, and what a great read. A bright future for us all I feel, keep the great posts coming. GLA.Cheers.