Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
In this latest RNS, how clueless Coutzee was.
30 April 2024: Second tranche payment of ZAR147 million (approx. £6.3 million) in respect of Sales Claims to be settled in cash. Galileo's estimated portion will be approximately ZAR49 million (approx. £2.1 million).
30 April 2024: Cash consideration of ZAR3 million (approx. £0.13 million) in respect of the Glenover shares subject to the fulfilment of the suspensive conditions (Note 1). Galileo's estimated portion will be approximately ZAR1 million (approx. £0.04 million).
Another £2.14 million to be in our bank pretty soon.
Hopefully, some mega deals to be announced soon! We need to get out of this continual 0.95-1.3p range. One bit of great news should see us over 2p easily.
Versarien! Ruddy predictive
Valerian group flogged some non essential assets and their share price has soared. We have very high quality assets ready for sale! Imagine what might happen to us should we get a very good price! https://www.thisismoney.co.uk/money/investing/article-13201593/SMALL-CAP-MOVERS-Versarien-soars-advanced-materials-group-offloads-non-core-assets.html
It is annoying, although following the interview a while back, perhaps that is why they mentioned September before luan comes online
Company is going right down the shi**er now. Dont waste any more money on it. Ive written mine off. 2 fatal errors, 1. putting all their eggs in one basket with Etinde and 2 useless JV partners. 2. Wasting 50 million on divis when they could have purchased other projects.
$1072/ounce !! Rising nicely
Crazy! Whats going on. Mental amount of time to wait.
That the last two RNS's prior to the Lithium RNS are trying to sell the bride as it were. Why advertise the fact that we have extremely good chances of a good copper strike and then say we aim to drill in the future. You would surely get the drill rigs straight out. I wouldn't be surprised if they are trying to tempt in a hoard of buyers (with SFR being the first right of refusal purchasers) to start a bidding war perhaps ?
Either way, we seem to be sitting on 3 very good chances of good finds. The licence we sold to SFR also stands a very good chance of a huge payout.
All we need is one great RNS from one of our very great projects to send this SP into the sky.
need to be more updates with galileo. i appreciate things are possibly happening behind the scenes, but other investments i have you are updated regularly as to each and every project the company has. apart from hearing things are good in various areas we are clueless as to what is happening with a large number of our projects. what's happening with star zinc now? did we find out any further details with regards what sieges potential underhandedness was. ka****u? are we bothering with that now or looking to flog or jv on it. etc etc. i do have a lot of faith with glr, but the lack of news is reflected in the sp. come on colin let's have some proper news and fully explain things on all fronts - as much as you can. luan looks to be firing up in sept/oct but apart from that there is just speculation.
Crazy that we are sitting here at this price with the amount of gold tailings we are sitting on! At the current gold price. If only we had had a decent CEO we could be in a completely different place by now
Yes, looks like things are starting to recover nicely.
We are in here now!
https://www.lse.co.uk/rns/BLVN/proposed-special-dividend-djrh857f0ze00o5.html
So wish they hadn't given away the 50 million. Most stupid move ever!
Give us some tasty news, this anticipation is killing me :)
£100-200 million deal on something and that will not only be great for GLR's SP, but you will be loved forever more by us loyal shareholders!
Yes, I always find this too. Hold on and it usually drops lower than the subscription price. At least now that is hopefully the last bit of dilution now. He really needs to repair his reputation and drop the financing arrangement news on us now
Unbelievable! At least wait for the finance news to drop to elevate the SP
But very very important for GLR and its superb projects
Https://www.youtube.com/watch?v=f-_ZuUZ29Vk
Robert Friedland 4 hours 18 minutes in.
'We need to mine as much copper in the next 22 years as we have done in human history"
We are sitting very pretty! Being a little patient and we should see large cash amounts flow in!
Daft thing with rerates like this is this business was on the books already, but no value attributes to it. Sell it and we then end up with more than 230 mill added to the market cap today lol crazy!
Yes sorry 1 million shares not £1mill lol. I wish I had £1million lol. Good luck all
When I say yesterday that's in the end of the month when it was due.... Only a matter of time now before we get some superb news. I have £1,000,000 shares in this, wish I had more but I still expect to do very nicely over the coming months/years. Might even get a divi at some point in the future too!