G1A 0.00% 5.9¢ galena mining limited

Ann: Change of Director's Interest Notice, page-5

  1. 2,413 Posts.
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    Agree - my large share holding wont be voting for Alex. While the current SP malaise is mainly due to the market's bad sentiment about everything not battery related (it seems), the delay in getting the finance and approvals much earlier, has resulted in G1A being trapped in the COVID quicksand, and unlikely to achieve anything like NPV for a long time (all other things being equal). Toho is probably quite happy, as Abra will come on steam as they are closing their own exhausted mines. Wether Toho (as it previously done) moves from major shareholder to outright ownership depends on wether Galena can calm the nerves and patience of long suffering SH's. A low ball bid for Abra is feasible leaving G1A as an exploration company, albeit a well cashed up one to look for an Abra clone.
    Last edited by MIStragic: 29/09/21
 
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