GLL 10.0% 1.1¢ galilee energy limited

Not sure, but it there's a lot of hot air as well as copper...

  1. 599 Posts.
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    Not sure, but it there's a lot of hot air as well as copper that's for sure :)

    I'm a little frustrated with the stagnant nature of this one, but it will have its day in the sun. Just wait for the re-rate and stick it in the bottom drawer til then. They have a great JV partner with a committed drill program and resource booking scheduled for this year.

    It won't happen overnight, but it will happen. the discount to NTA is attractive at the moment and is providing some support, a quarterly announcement giving a timeline to a reserve statement is what I'm looking for.

    The reserve statement will likely come out of the blue and generate a fair bit of interest, so I'm certainly not thinking about selling at the moment.
 
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