Receiving a No Objection Letter from a regulatory body like the Ministry of Lands & Natural Resources of Ghana is a significant positive development for Galiano Gold. It indicates that the company has met the necessary regulatory requirements to proceed with its operations in Ghana. This approval is likely to be viewed positively by investors, as it reduces regulatory risk and paves the way for continued or expanded operations in the country. Consequently, this news is expected to have a positive short-term impact on Galiano Gold's stock price.