G1A 0.00% 5.9¢ galena mining limited

116M for a company with a project with an NPV 528M (60%...

  1. 13,236 Posts.
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    116M for a company with a project with an NPV 528M (60% share/270M) and an IRR of 50%
    PRE updated BFS(from the Feb Presentation), which should add at least another 25% to the NPV, is absolutely ludicrous.

    We should be anywhere between 200M and 300M and it looks like the bigger punters are starting to realise this.

    As long as these punters think the Toho deal will go thru and the Pb price is good for the longer term theres no reason the sp shouldnt head up to a more decent market cap.

    Gr 
 
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