Teks.11 Mar 2026 12:48
Bought a few GAL at 39 pence, mostly a chart buy, 50% retrace from recent high.
Just doing some proper reading now to see what i bought, lol.
Presentation: https://www.youtube.com/watch?v=YU9Li8O14DU
Figures from the presentation.
Management 25%
Luis Catril. Thats the former owner of the Andacollo project which they are pushing toward production at the moment 20%
Eric Sprott. 10.5%
Melquart Ltd. Institutional supporter 10%
Ocean Partners. Thats the JV partner for the Northern Ireland assets 8.6%
So retail have circa 25.5% to play with.
The main driver is first gold from the Andacollo project in Chile, expected in July, aiming for 40,000 oz during H2.