LEG GAL CR1 1 MCAP 416,872,501 $34,344,000 $9,975,029 2 Cash $12,000,000 $9,500,000 $4,858,000 3 EV $404,872,501 $24,844,000 $5,117,029
Here's an update of my little table.
GAL's EV is 4.855x CR1.
Thus, if we multiply CR1's share price by 4.855x we get to $1.38.
If CR1 had the same EV as GAL then the share price would be $1.38.
Wouldn't that be swell.
LEG Maiden Air-core Drilling Results in Fraser Range 2017, page-19
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