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https://www.mmegi.bw/index.php?aid=89592&dir=2021/april/23

Great boost for the KCB, mains power now supplied making copper more economic to mine rather than relying on diesel generators. This will make the area far more attractive and increase competition and value of our land

Youre right Ella, hopefully like you say the time scales will be alot shorter for Siege :-)

Some progress with ground works at and Liscence at SZ.
The small scale mining app for siege is now at "application validated", it took approx 5-6 weeks from here for it to go through with the artisanal mining liscence.

https://twitter.com/Sharedata12/status/1386036434784620551?s=19

90 days after that goes through we get our £700k according to the RNS

Satellite data in where you can see without cloud cover, progress of ground works at SZ.

https://twitter.com/Sharedata12/status/1386280571706527751?s=19

Looks like they have made access and cleared the old historical pit in the last 3 weeks or so

Things lining up nicely for sale closure and our future revenue from Siege when they are in production

theres some interesting interviews CB has done on Sharetalk on twitter regarding BZT and XTR, they are really busy ovr there raising money for one and also organising phase 2 drilling for the other. CB speak generically about copper demand on both and its quite uplifting. as hard as it is patience is needed, copper is booming, we are invested in copper. so we are 50% of the way there being invested in one of highest demand commododites there is, making it happen will come, its just when

Welcome Funky S :-).

Nice little rally for us the past couple if days, new tax year money I presume :-). Let's hope we push 2p and beyond again where in my mind we should be rightfully sitting around 2.2p minimum......Now.

Im just catching up on the BB, but some good convo about our future and sale of assets. I too believe Kash will be sold so we can get put of Zambia. We can't seem to build a relationship with the Zambian MM so best out of there ASAP as its too un predictable and there's no reason to believe it will change

Ferber is very interesting. No's 1-4 of the top 5 biggest gold producing mines of North america are in nevada, just 50m away from our Ferber

https://twitter.com/Sharedata12/status/1380274762023329798?s=19

Ferber is in amongst the old gold rush grounds/mines of late 1800's early 1900's so we know "...there's gold in them there hills". The majority of the mines abandoned in early 20th C. Technology has moved along way since then so I'd love to see us explore this further with a mind to sell when we understand what's there more.

Hi VB, this is getting a little complicated as I was originally basing my points on something else, but I will start this as saying I do respect you as a poster on here also I admit I don't know a lot about GLR back in 2011. What I do know is just through glancing at RNS's from a while a go etc, but it doesn't affect us now really so i never gave it much time and tbh I don’t intend to waste any further time on it either.

Rather than correcting each others views back and forth, ill just state why I think the way I do. In 2011 the company only had 70, 700, 000 shares (ish) at nominal value 5p - this would make an MCAP of around $3.5m (sept RNS 2011)
there were various capital raises since then, 1 of them being 44m shares which is highlighted in Dec 2011 interim report…….people have been saying was CB; but when you look into it I'm not sure if it is.
When you look at the interim report Dec 2011 the assets of the company are worth absolutely nowhere near £14m that CB allegedly paid for his 40M shares. (assuming the company was at worst case scenario worth $14m....I know it wasn't, but to get 40m shares you, they would be worth 35p each). The numbers don't make sense with what we are discussing today.
its this info that makes me believe the company was only worth around $3.5m when admitted to the market in 2011. Which is significantly less than todays MCAP. There were less shared in circulation meaning the SP was higher than todays

if a company is worth £1m, and it has 1m shares then yes each share is worth £1......however if the MCAP increases by £1m to £2m with good performance and asset progression, then the company is worth twice as much. if the company has to increase its number of shares to 2m also to do this in terms of cash raising, then the company is double the value at £2m, but with 2m shares, each share is still only worth £1. Meaning the company has performed incredibly and doubled in value, but the SP is the same.

Im aware also of CB's short comings, but I do also believe he delivers. all of this post however is going off on a tangent from my original intent of explaining it is wrong (for the reasons iv explained above) to blanket CB with the blame of SP dropping over a period of time as MCAP is a company's value. SP alone to value a company I incorrect (when measuring over a time frame, as constants change like numbers of shares), this makes Pops argument invalid, miss leading, and clear de ramping and an attempt to ruin the sentiment around this company and other related CB companies. This has a direct impact on me as I am a share holder of which some of the SP is reliant on sentiment.

Since CB has been involved, both XTR and JLP have increased in MCAP. Further proving Pops wrong. I don’t know enough about BZT to comment, which I admit makes my sweeping statement I suppose incorrect as I just don’t know about BZT.

im not going to waste too much time on it, but scanning over the intermim results directly after the compnay became public in 2011, there were only 70,000,000 shares in issue, they then did a huge capital raise to buy the remainder of the comnpany of the original owner (put simplistically). The number of shares is now more than 12 or 13x of that in which it started with

I like you am not sure about the inns and outs of that 1 off event at the exact time CB joined the company.
in the context of measuring the companies performance and CB's contribution like Pops was., using your information it still doesnt stand. I dont think you can put down poor company performance to the mere fact that the exact time CB joined the company the SP dropped as his fault.

Also, your post is incorrect sorry

A company can double it's MCAP, but also double the amount of shares that it has. in that case the SP would stay the same, but the company would be worth twice as much. so you cannot use SP as a peformance management measure over a long period of time like Pops was doing.

not really Billy, if you start claiming opinon are fact and using incorrect information to slander person or a company it breaks the LSE board rules as its blatant De-ramping

people get paid to do it.........hes just not very good at it. I usually just block them

looks like Pops has gone again. ha

not sure how he thinks time and SP makes a valid analysis of company performance. I hope hes sat there still wondering why he's wrong

nothing to do with MCap of course where all 3 companies are valued significantly more since CB has taken the helm

thanks Gents

Here is satelite imagery from 20th March on SZ, compare that to the location on the mining cadastre. Everywhere has green growth on it and coincidentally not on SZ. This most likely means ground works have started.......revenue on its way

https://twitter.com/Sharedata12/status/1377374752529125377?s=19

Let's hope it doesn't happen again :-)

Last April the market became aware of the potential of GLR again and we saw over 100% rise on a re rate. Once the tax year is over maybe the same will happen again

Either way I'd expect some news regarding the commission of a drilling programme shortly as its technically late now.

Sorry Iky, not sure what you mean "handle", buy yes this my twitter account @Sharedata12

Starzinc Artisan mining liscence now active

https://twitter.com/Sharedata12/status/1377335038228848641?s=19

Here comes the revenue finally

lets hope we get this info, im looking forward to seeing for the firtst time our own asset in detail

cant get a live quote to buy or sell at the moment which is odd

Hi iky, the 4th March RNS said that they hope to give notice of commissioning drilling by the end of the month.....or words to that affect. I posted the quote the other day. I'm assuming "notification" will be an RNS.

I really hope we get some more info as well on the AEM, so we can see for ourselves what we have in terms of the dome or other features usually associated with copper deposits

https://galileoresources.com/wp-content/uploads/Kalahari-Copper-Belt-Investor-Presentation.pdf

On this old Virgo report it shows on page 4 that historic aerial data brings up 2 dome anomalies, one of which extends onto our PL253 it also shows PL001 as a high area of interest, probably due to copper being found in soil samples as shown in this document page 11

https://galileoresources.com/wp-content/uploads/Kalahari-Project-Summary-Oct2019.pdf

I believe PLs 253 and 001 will be our next areas for further exploration

Exactly that Oiltap, first line on the website "Galileo is an opportunity led company..." some times those opportunities come out the blue and I doubt GLR would want to reveal their hand to competitors with an RNS of half sticken deals etc

We've done great so far doing what we're doing......0.43p this time last yr...... Looking forward to the next Q

Hi Phoenix

I pretty sure they havent, not to the extent that is required to highlight areas for an informed decision on tect drilling.

there seems to be plenty of images which show what type of rock formation (roughly) the whole KCB is made out of, so i imagine the whole lot has pretty much been soil sampled or scanned in one form or another. My take on that is that is is still too vague to pin point areas of high interest without doing what we are doing AEM wise.