5 Bagger Thread. Fundamentals and Opinions, page-560

@MellowYellow as a TA chartists, you're surely familiar with the Wyckoff Method?

Galena has been basing in the low 30s for a while now and there have been telltale signs of institutional buying at this base range. When you get insto buying (possible) in a basing price range and then you get a sudden plunge out of resistance, it can often be the 'spring' before the launch.

Given how far along Galena are and how crushingly low the valuation would be at circa 20c, IMO it's more likely that we're seeing a 'spring' event than capitulation of impatient SH. It's a largely derisked project so it's got real value so a drop to 20c, if it does happen, would be very short lived IMO. Never say never but it seems unlikely to get smashed that far.

Also - not sure if it's been addressed but your math didn't add up in your finance post. There is enough to fund CAPEX.