Nice Stuff. So if you look at the figures in that Scoping Study...

Nice Stuff.

So if you look at the figures in that Scoping Study it has an NPV of around $290 million, that is based of a 32mt resource at .13% Co plus the Nickel


Galileo will be listing with a 20mt resource at .11% Co plus the Nickel, so relatively similar numbers. One could assume an NPV of say $250 million as base case.





You take GAL listing at $25 million
- minus the $15 mil cash and

= $10 million EV



So if the nearly everything stays equal and they don't find hardly anymore Cobalt or Nickel, Galileo will be trading at roughly 10% of it's smallest NPV (10% of $250 million).


That is with $15 mil in the bank to explore and do studies, seems like a no brainer based on the figures, then throw in Creasy and the boys and I only see it going one way!