When GAL proves up a resource that will support a mine with an NPV of $3bill.
Or, when somebody else (IGO?) sees the potential for a mine with an NPV of $6bill and offer to take over GAL for $10/share.
Neither will happen in two years. There is at least another three-five years of exploration to go before we even get close to a PFS (I am not even thinking DFS/BFS yet). Any MANY more cap raises to get to that point.
Ann: Change in Substantial Holding - Creasy Group, page-131
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Mkt cap ! $31.61M | |||
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