GLL 14.3% 1.2¢ galilee energy limited

gll, page-12

  1. 669 Posts.
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    History seems to show that this board came in with a new broom on 30/10/13 when oil price was sky high over $100. 6 months later, in June 14 they started their foray into USA & Chile. Oil started to crash down to $60 by Dec 14. They continued to persevere for another year, mothballing USA in Dec 15. In that period they had spent $15M total, but Glenaras was showing signs of life & "enormous potential". They are showing restraint in their expenditures, & the directors have been buying a few shares. CSG is their proven field of expertise. That's what keeps me in hope. Cheers, Japes.
 
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