G1A 0.00% 37.0¢ galena mining limited

Thanks for the analysis GR.And hi all, don't think I've posted...

  1. 74 Posts.
    lightbulb Created with Sketch. 23
    Thanks for the analysis GR.

    And hi all, don't think I've posted here yet.

    All good currently with G1A, just hope the following isn't an Achilles heel: 

    “Toho to assist AMPL potentially procure a CONTRIBUTION to project financing debt from policy-related institutions in Japan for Japan-related projects."

    Very fuzzy wording, playing into TOHO's hand and hence out of ours.

    Alex M, if you're reading this, why not pin them down. The arrangement through TOHO of a low % Japanese loan would be a huge plus for G1A, but the wording seems to say TOHO promise to be 'nice' by arranging a nice cheap loan. 

    Why should they? In business 'nice' doesn't exist, everything has a price. Why wouldn't they use this as a bargaining chip? They'd be stupid not to. Increase our % and sure, we'll organise the full loan at much lower interest than you'd get elsewhere. They will already have done the sums.

    Alex, Pin It Down! TOHO aren't the only suitor.
watchlist Created with Sketch. Add G1A (ASX) to my watchlist
(20min delay)
Mkt cap ! $134.8M
Open High Low Value Volume
35.5¢ 37.0¢ 35.5¢ $8.139K 22.39K

Buyers (Bids)

No. Vol. Price($)
2 76197 35.5¢

Sellers (Offers)

Price($) Vol. No.
37.0¢ 58610 4
View Market Depth
Last update - 13.13pm 25/06/2019 (20 minute delay) ?
0.000 ( 2.82 %)
Open High Low Volume
35.5¢ 36.5¢ 35.5¢ 14844
Last updated 12.09pm 25/06/2019 (live) ?
G1A (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.