G1A vs PMY, page-98

@sinic – your comparison been G1A and PMY is flawed on multiple levels. Firstof all, there should be no comparison; G1A is a world class Project which hasdelivered over and above expectation ever since it’s listing – which is evident inthe share price and the markets reaction. Abra will be the world’s 5 th largestprimary lead mine when in full production, remind where Sorby Hills will be?

Not to mention they are FULLY funded for development by Toho, a deal whichsignificantly undervalued G1A at their current market rate. I saw a lot ofspeculation in this thread about a “probable financing arrangement with their JVpartner” – but have any agreements been signed, I doubt it. The mining game isfar too speculative and risky to be throwing around ‘probable’ scenarios asthough it was solid truth. And yes, even though G1A now only have a 60%interest stake in the deposit, do you think PMY will only have to give away 15%of their 75% stake in Sorby Hills?... there will be lucky if they even maintain amajority interest post development funding.

I also notice how you have conveniently left out any information relating to theLOM grades of the lead, no doubt this is because G1A’ grades (7.7%) are morethan double those of PMY’S (3.5%). At the end of the day @sinic, G1A is valued ata comparative premium to PMY because it is a all round better project – you justneed to compare the NPV’s, the life of mine, the resource (17Mt vs 8.64MT), theinfrastructure, even the board and management.