Member Info for Globex

Posted the below a few weeks ago but worth repeating

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Posted in: GAL

21 Feb 2026 17:22

One of the striking things about this is how small the free float is.

Post-Andacollo close insiders and institutional/strategic investors hold 74% of the shares. As we know, those guys won't exactly be trading this.

That only leaves 26% available for the rest of us. Consequently relatively small volumes have an oversized impact.

When do get the catalysts I'm expecting here, and as the market wakes up to the sheer scale of this, for new entrants there just won't be much stock to go round.

Legendary stock, giant in the making.

Don't worry, nobody can practically talk this down. Personally I originally came across this because of Eric Sprott and fortunately invested just after news of his stake building came out. Nobody has a better track record in this space than him. Look at Hycroft - that was a genuine 20 bagger within 12 months last year. All started after he invested and put cash towards its development. He put in cash here too alongside the other institutional investors to kickstart production this year.

50k oz of gold at $5k = revenue of $250,000,000.

That is just the minimum from Andacollo.

We also have Indiana site entering production this year.

Nothing comes close to this at today's valuation.

7 million ounces of gold at Andacollo property alone.

We will be in production this year.

• 50-70k oz of gold in 2027

• 70-90k oz of gold 2028+.

The clues have been there. Only now market has started to notice.

The mad thing is when you consider how little retail chatter there is about it. To me this is the most compelling gold stock listed on LSE but nobody really seems to know about it. Very few of us posting about it. That's when you realise the accumulation we've been seeing must be bigger players quietly buying up the stock. I take this to be a very good sign.

Others will clock the opportunity in time, but you sense they'll be paying a far higher price. The sheer level of projected cashflow and scale of the resource blows peers out the water.

Https://galantas.com/investors/presentations/

Noticed we have a newly updated presentation including timelines and gold production figures.

Good news Indiana property still set to be in production in second half of year and Andacollo in Q1 27.

Andacollo is our flagship, genuine tier 1 asset. From that property alone, the forecast annual production figures

• 50-70k oz of gold in 2027

• 70-90k oz of gold 2028+.

Great to see us continue on our journey upwards. And no wonder, with our Andacollo property alone having 7 million ounces of gold in the ground and being set to enter production in the near term.

It's a start up valued on future growth potential. FY25 ended August. Since then we've had a trading update that stated:

"The Company has recorded a strong start to the financial year ending 31 August 2026 ("FY26"), with total orders (new orders plus extensions) received for the first three months of approximately £2.5 million, an over 70% increase year-on-year. "

Subsequent to FY25 end they also announced that contract with a Tier 1 defence company. They also announced acceptance onto the UK defence framework enabling them to bid directly for contracts with MOD. They already have a foot in door with public sector courtesy of a space contract. Since that year end we've also seen institutional investors of a calibre highly unusual for a micro cap taking significant positions.

I suspect you'll be well rewarded for these over the next few months.

Insiders and institutional investors having such significant skin in the game a good sign we're on the right side of this bet. GL

Nice one Laura2022, I reckon we'll do well from here. 👍

Will be very interesting to see these, especially outlook after announcing so many significant contract wins over last few months. Market has hugely underestimated this stock. Cyber security spend only going one way.

Put another way, when sh*t hits the fan like we seeing in the world today, a defence stock a pretty good bet. (Plus precious metals but I'll save that for another board.) One with a tier 1 defence contract, unusually high proportion of institutional investors on the register and public sector contract win as much as you can ask for at this tiny market cap.

I'm expecting 15p here within 2-3 months. Will reassess position then. In the meantime, with a new material contract win announcement, we're potentially into blue sky territory. GLA

The unique proposition here in relation to tiny market cap is it already has a foot in the door with public sector, where government will be driving force behind huge increase in defence spend. By being part of the framework that bids for MOD gigs, they can compete with the big guys on a level playing field. They already have that public sector space contract too.

Then you consider on private sector side they recently announced a contract with Tier 1 defence company. From a starting point down here, there's no real limit on how far this could go.

This could not be better positioned from the inevitable ramp up in defence spend that will follow on from this. Way oversold down here, time to buy.

I'd say still very early days here, still very under the radar.

If we consider they expect to be mining 20k oz of gold this year and 70-90k+ oz next year onwards.

At $5k gold we would be looking at $100m revenue this year. Next year $350-$450m revenue. Subtract cost p/oz say $2k. That leaves all the rest pure cashflow.

If they achieve half of what they've set out, and no reason to doubt that with names like Eric Sprott on board, this beast will be printing money. That's when you realise the wider market hasn't woken up to this.

Made it

https://www.lseg.com/en/media-centre/press-releases/ftse-russell/2026/ftse-uk-index-series-indicative-review-march-2026

Love to see rises like this without any accompanying hype. Far more sustainable this way. Few if any day traders. Instead what we have here is folks quietly building positions, before the herd arrives.

One of the striking things about this is how small the free float is.

Post-Andacollo close insiders and institutional/strategic investors hold 74% of the shares. As we know, those guys won't exactly be trading this.

That only leaves 26% available for the rest of us. Consequently relatively small volumes have an oversized impact.

When do get the catalysts I'm expecting here, and as the market wakes up to the sheer scale of this, for new entrants there just won't be much stock to go round.

Every other importer will be affected by same thing, and having gone through tariffs phase one, the company will be very well placed to use their dynamic pricing and adjust accordingly to maintain margins. Panic over.

Whatever our views on this though, it's a bit laughable that OP thinks he's in a position to instruct people to sell. Or buy for that matter, or do literally anything. Suspect those of us who bought in at the lows are made of stronger stuff than to be swayed by whatever it is that momentarily comes out of the Whitehouse on any given day.