Galileo – Portfolio Highlights & Observations (August 2025)7 Aug 2025 08:31
aim junior rarity:
i haven’t identified any other aim junior with three separate approved small-scale mining licences. two are for open-pit operations and are potentially swiftly monetisable compared to deep or greenfield plays. it would be beneficial for shareholders to see the key elements from the ministry of mines submissions that secured these rapid approvals—such submissions contain technical and social data essential for assessing project value. at luansobe, there’s an approved shallow underground copper licence, reportedly accessible from the open-pit licence in the same area. details remain scarce; i’d like to see management set out their integrated underground/open-pit approach on the company website.
ka****u licence: a pleasant resurrection
the ka****u licence, hinted at in the last report and accounts as all but dropped, has not only been resurrected but is now approved. satellite imagery (hat tip to dc) reveals recent on-site activity. beyond the mlc minutes and rns showing rhe approval, there’s a lack of operational updates on galileo’s website. cooper lemon, reputedly instrumental in stakeholder management, continue to act as glr’s boots on the ground and wield considerable influence locally.
kalahari: great location
galileo’s updated website shows three prime botswana kalahari licences, diagrammed relative to some big-league projects and existing mines.
digging into exploration and joint venture activity nearby reveals:
a) notable new discoveries,
b) the presence of credible jv partners, and
c) massive scale of adjacent mines (especially near pl039/pl040 and pl253, the latter flanked by particularly promising licences).
my view: colin bird (cb) is strategically holding these licences to enhance their value before any potential sale.
zimbabwe: quietly strategic assets
kamativi sits right next to the revived kamativi lithium-tin mine, now in part controlled by yahua. rumours exist on a deal, but cb hasn’t clarified glr’s plans beyond confirming a licence renewal. with bulawayo gold, detail is even sparser—location looks good, but no recent updates on technical details have been published to my knowledge.
ferber: not written off after all
i previously thought ferber was a write-off, but fresh activity in nevada’s robust mining district suggests otherwise. regional data indicates escalating exploration interest.
disclosure & communications
glr has ndas in place in zambia; i’m not aware of further ndas related to kamativi or other assets, but others here report seeing confirmation emails. the company’s pr still needs a step up—several bb threads reflect a desire for better, more regular communication.
aim juniors with multiple approved mining licences—two open-pit and one shallow underground—are exceedingly rare. the speed of recent licence approvals and evidence of on-ground activity at ka****u and kalahari suggest galileo is undervalued relative t