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  1. #91
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    Quote Originally Posted by kiwitrev View Post
    Further news on pipeline plus additional info. from OGP on HC
    https://hotcopper.com.au/threads/ann...st_id=39889496
    Cannacord Genuity have raised their target price from $1.22 to $1.41. Their report will be posted on GLL website soon.

  2. #92
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    SP has retreated to $1.05 following downward trend in most markets. An interesting development yesterday, GLL director/s stumped up $1.5m+ for 2.1m options at 0.75cps. The exercise price is not that far from current SP so clearly a lot of confidence in management for a big return on their investment. The die will be pretty well caste by year end.

  3. #93
    FEAR n GREED JBmurc's Avatar
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    Yes, I wish I took some profits on many of my holdings earlier in the week .. but only so I could buy more shares in the same companies lower
    People don't have ideas, ideas have people

  4. #94
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    Latest pilot production report. Gas flowing at 25-30 Mscfd up from 15-20 in previous report 16 days earlier.
    http://galilee-energy.com.au/wp/wp-c...ns-Updatel.pdf

  5. #95
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    GLL included in analysts top nine picks. Analyst is Live Wire.
    Galilee Energy (GLL-ASX)
    GLL’s Glenaras gas pilot is reaching a critical point. It recently started to flow small volumes of gas and as de-watering continues, we expect gas rates to increase. If flow rates in the 0.3mnscf/d range are achieved, GLL believes it will be able to book 500PJ of 2P gas reserves. As one of the largest and proximal gas resources to the tight East Coast market, a positive result at the Glenaras pilot will, in our view, result in a material re-rating.

  6. #96
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    Director buys 54k shares on-market at $1.06.

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