Ok RE... as you requested I have added the Argentinian resource acquisitions that you suggested plus the recent Rio Rincon acquisition. It was hard to find some of this information particularly the grade for Rio/Rincon and Posco/Galaxy - so if anyone has a link with more specific information then please let me know.
On a Measured & Indicated basis it's easy to see Galan valued well over $3, without even considering that the grade of the acquired resources are well below that of Galan.
All share prices and shares/options on issue have been updated as of Friday's close and I have utilised 0.69 as a USD exchange rate (which is why the Arena numbers have changed slightly since the post you refenced - a minor detail but someone might be wondering).
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