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Most likely the mining operation will combine H&G in BZT with the Ongombo resource in AFP - very good news for both.

Interested now to hear about the finance package and mining plan

and also confirmation of the Blackstone merger whereby BZT holding in that company worth over £6million at todays blackstone share price - could see blackstone jumping once the merger goes through

Great news - now we find out whether the finance and mining package is ready to go - fingers crossed it is with some firm dates and details

Completely agree on the Roast comments below - ok RR is quite a big name but he doesn’t fancy most of their tiddler clients! Why the fk have him on ! 😂 as said it’s actually quite funny it’s so dopey - star struck I guess

Xtr and afp dropping quite a bit the next day…

I believe he also said no to guardian metals - not a big enough resource for him fair enough , but another Roast client doh

I have had the opportunity to talk to Colin in the past and voiced my concerns - I also don’t like people insulting him personally- he is a very hard worker and v driven still - personally I think he’s got way too many irons in the fire though.

he doesn’t like the stick he gets - my answer to that was and is get a deal done and you’ll be a hero pretty quick!

No deal is ever perfect or as much as you want it to be so hopefully there is one out there that could triple the share price minimum and allow further development elsewhere.

Don’t want to put a hex on it but Blackstone up 17% overnight - think that’s gone values our stake c £6m?

Personally I totally understand we are an explorer developer - but the RNS says the last round at shinganda was a poor result - sh@t happens I get that (tho the previous talk got everyone excited as usual)

But at this stage spending significant further amounts on shinganda doesn’t make sense with limited funds.

We can probably go another year with current cash which is fine but do we still want to be negotiating in 10 months on Luansobe if the cu price is flagging and we are running low.

The thing is worth what someone will pay for it- we have had the license long enough for 3rd parties to assess and getting a deal done there should be Colin’s A1 priority - I’m concerned that power is v concentrated in his hands , he makes all the calls and he’s always looking for the next mega deposit rather than getting a decent one sold and cash returned to errr US!

Yikes , been travelling all day.

just digested the RNS. It’s a disappointing one for sure and the market has responded.

As nearly everyone now agrees Shinganda is miles from producing or a sale without a lot more drilling .

To me these results don’t seem a great basis to spend more of our scarce £££ at this point.

That honestly is a blow given the way the potential has been built up again.

I think we also agree that there have been some offers on Luansobe - everyone knows that Colin does not want to mine - he wants to discover and sell on.

I for one want him to get on and take the best offer for Luansobe in the next couple of months - we have been struggling patiently here for years and personally if he can get $40m or $50m for the lot he should take it.

Everyone knows ( including potential purchasers) that he’s not going to mine it , it’s not his game.

It’s also not going to be the blockbuster deal that I know he wants as his swan song. That’s just the way it is.

If he doesn’t take the reasonable option and sell for a reasonable price then it might be time for a ceo who will. There’s no point being too greedy and ending up with sweet FA

I saw Obadiahs posts which resonated.

hoping we do see a Luansobe deal signed soon (cash)

Just a small section on the CB companies - calling antimony antinomy and naming the BZT Ongombo resource as Um Bongo as per the 1980s soft drink

as per

Personally I think it’s great to get this confirmed by RNS - we know the various cadastres n listings can contain errors so this nails it down .

Simple confirmation Rns and I’m sure more detail to follow- well done Colin and the team

galileo resources plc ("galileo "or the "company") is pleased to announce the award of small scale 10-year mining licence, 39893-hq-sml for the ka****u zinc project. ka****u is situated 7km south-east from the historical kabwe zn-pb mine adjacent to and south of the town of kabwe, north of the capital lusaka.

colin bird chairman & ceo said: "we are pleased to have received the mining license for ka****u. the ka****u mine is close to kabwe operations and is in seasonal wetlands. we have previously developed mining plans and perceive an opportunity to work with local community effectively. the granting of the license could allow us to progress towards developing an open pit in the high zinc content willemite areas, subject to further evaluation of the potential project and finding suitable partners to work with. we will continue to keep shareholders informed as development progresses."

Could be a bit of big news leaking

Just seen copper has gone over $5 per lb - the timing could be pretty good here

Some very chunky trade values going though today , might be delayed

I’m quite calm with Colin not doing a podcast - could do more harm than good.

Let the market fill in the gaps until the assays arrive and then I guess they will speak for themselves - no need to pump this and may awaken a few traumatic memories

Resigned his Directorship prior to dumping his shares IMO

Hopefully our patience will be rewarded on the "imminent" confirmation of the full license and finance package at HnG - at that point I think things will move up pretty swiftly

You talked me into it CHRI5P, added a few at c.8 I think at these cu prices any deal under discussion could be accelerated, fingers crossed

Also I have to say that, yes Colin hyped up Bushranger as a really valuable resource that would be sold on podcasts etc

but look at the RNSs from May 2022 way before the big crash (I just did again) and the copper grades are v v average - that's up to the investors, including myself, to read them properly and draw objective conclusions - most of us didn't and got greedy and excited by the hype - looking back its obvious from the RNS that BR was never going to be a porphyry with average .35 or .4% grades over very large volumes which would have made it an auto buy from a major.

Its really easy to blame CB and the Roast for one's own dumb investment decisions - honestly after more than 2 years you've got to stop the endless moaning, either sell up, learn a lesson and get over it, or be in the share because you see an upside.

We now have updates on all of the main projects and some significant upside potential.

Got to go to by the RNSs with confirmed assayed grades (forget xrf btw)

so I'm hoping that assays from SK come in around something like historic and will pretty much ignore the Roast etc

"Historic peak Silverking reported drill intercepts including 50m @ 5.47% Cu in borehole SVKRC002 from 55m to 105m depth. The hole stopped in mineralisation. Mineralised intercepts peaked at 52.2% Cu over a 1m drilled interval."

cant imagine what that 52% copper metre looks like! maybe a few others like that in our project area

Just going back to the Moroccan venture, have to agree with Minehound/Irish Demon - it is all about Antimony up there from what I have heard, a lot of it and easily accessible via simple mining methods

Silverking very promising start! could be life in the XTR canine yet