Member Info for Sumoskier

Edzi, well said. Might as well put the equipment where it’s of use than kit, especially if we’re not paying!

Only wish!

It strikes me that if they start clearing Kabwe even at breakeven the positive press is going to open a lot of doors. Materially worth a lot more than being associated with doing nothing.

Naughty!

I think the issue here is that talk of an RNS and imminent sale has made people think this is a couple of days away. Knowing Colin, this will drag on and patience won’t last!

Trouble is SP will probably be the same as it is now! Never seems to get a leg up!

Ultimately CB benefits most if GLR is through JLP. He’s the loser otherwise as he’s paying third parties? The fundamental here is keep it in the family. For individual investors it should be industry standard to avoid accusations of Directors unduly influencing the outcome which could cause litigation?

Jammer, where are you reading the need for Star Zinc ore to make things viable? I can only see that JLP’s strategy is to complement not need? If need this would make Kabwe much higher risk due to the multiple requirements, which may not fall in place? Although in reality it feels that everything is falling in place!

MinerMinor, fully expect JLP to be involved in any tailings recovery? Leon has mentioned Botswana before!

If someone wants the asset why not just buy the company? Current market cap is £7m, offer £14m and it’ll be a done deal!

Is this offering anything above the RNS?

Feels like we’re drifting until whatever arrangement with GLR hits the RNS!

Interesting that JLP hasn’t moved at all on the back of this? Presumably this would only happen on RNS details?

Not moving though!

Odd drop on low volume?

https://www.proactiveinvestors.co.uk/companies/news/917418/galileo-resources-is-just-a-few-months-away-from-generating-us10mln-cash-flow-per-year-917418.html

Still trying to work out whether this is a pump and dump? Interesting what happens Monday as there’s a lot of rumours. Wonder if it forces an early RNS?

Moneyhawk, from what I’ve read there is increased demand for cars as people feel safer in their own space. Should provide a support for PGM prices in the near term?

Use the same site but often see sell/buys incorrectly reported.

Thought it was a buy? Happened when it was briefly down at 2.95?