GLN is smaller than SDV but it's the closest peer, situated right next door. SDV has roughly double the resource of GLN, and GLN is $0.4b, so I used $1b to value SDV in my calculation. Then $2b for James Bay (funded by Mt Cattlin) which can be roughly compared to CXO ($2.5b), I cut a bit because CXO is more advanced. So overall I think GXY would be worth roughly $3b today, based on what our peers are valued at. Certainly not $5b.
AKE Price at posting:
$12.40 Sentiment: Buy Disclosure: Held
