G1A
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0.00% 5.9¢ galena mining limited

Ann: Galena Secures $90M Project Equity For Abra, page-97

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  1. Davisite
    10,813 Posts.
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    01/02/19
    08:30
    Post #: 37293219
    I am not sure how you expect a company like G1A to build a mine without dilution? A 40% dilution is extremely low by normal standards and we also pick up an experienced partner and offtake customer that will help us raise the remaining debt very cheaply.

    Does anyone know of a similar deal done in the base metals market here in Australia? I can think of the GOR and Goldfields JV, but are there others?
    Last edited by Davisite: 01/02/19
    G1A Price at posting: 31.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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