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5.9¢ galena mining limited

Agree with you, an great start to the year by the looks for G1A...

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rhino78

46 Posts.

14

29/01/19

11:34

Post #: 37249197
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Originally posted by Onspeed: ↑

I’m steering away from this being a normal traditional debt funding arrangement because of;

1. The timing of this announcement - pre DFS - no point blocking your options so early
2. AMs recent overseas trips and
3. I doubt they would debt fund 100% without OT and even a Medium/High leverage debt would accompany a Strategic/cornerstone/OT deal, not precede it.

In short I agree with you this is likely a cornerstone and offtake arrangement and if it is then possibly coupled with some cheap debt access also

It is highly likely we have just substantially de-risked our project

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Agree with you, an great start to the year by the looks for G1A holders.

G1A Price at posting: 24.5¢ Sentiment: Buy Disclosure: Held
9 Upvote

0 Great analysis

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