G1A 0.00% 5.9¢ galena mining limited

Ann: Galena Secures $90M Project Equity For Abra, page-99

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  1. 3,230 Posts.
    lightbulb Created with Sketch. 1552
    Lol not quite FRB.

    The money is given at a huge premium to the 30day VWap. Almost a 100% premium.. seems paletable

    Two weeks ago this stock was valued by market at $55M with 100% ownership of AMPL. This week they secured $90M capex for 40% equity so OWNERSHIP is diluted but VALUE per G1A share has increased based of the premium given and reduction in capital requirements.

    Sadly you’ve ignored a whole lot of pertinent infomation in order to make a point. Simply punch the new numbers into an NPV yourself and you will see

    There is no dilution to SH. Period

    Last edited by Onspeed: 01/02/19
 
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