Ann: Galena Secures $90M Project Equity For Abra, page-120

With the project numbers being so strong its hard to believe they initially put 50% risk on this. 

However it seems BO have come to their senses and reduced to 10%. That's a big reduction and interestingly put the chances of further dilution at zero given Toho's relationship with Japanese financiers.

AM must be feelingly super chuffed atm and with LME stocks diving fast one wonders when the lead price is going to react. Looks like it could spike quickly if previous LME stocks/price numbers are anything to by. Chart doent seem to show such a move apart from a slight reversal. But stocks are PLUMMETING and the price can only respon unless the Chinese have got a chunk hidden somewhere.

Gr.