G1A 0.00% 5.9¢ galena mining limited

it values the project at 225m but the company at more than you...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,752 Posts.
    lightbulb Created with Sketch. 48
    it values the project at 225m but the company at more than you are saying

    the 60% is 135 BUT they will have circa $40m surplus cash over what is required to contribute to capex on a gearing of 50/50

    furthermore the project NPV will rocket on new PFS, the risk profile plummets as now effectively fully funded and timlines bought fwd so time value money etc

    the ROE rockets as the existing equity is now undiluted on a low gearing.....AND WE RETAIN 60% MARKETING RIGHTS OVER OFFTAKE

    It is the deal of the decade and values G1A at over 85c
 
watchlist Created with Sketch. Add G1A (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.