Galantas Gold Share Price (GAL)

https://www.defenseworld.net/2022/06/29/galantas-gold-longal-share-price-passes-below-50-day-moving-average-of-32-12.html

Are they anticipating a wave of publicity and the hoard arriving once gold flows once again this month..
These warrants expire in 2023 so someone is taking them all up a year early, good news indeed if they are first come first serve.
Also.. If all the warrants are being taken up by Eric Sprott, taking the new 20% of the total holding, then will this could lead to them having to make a mandatory takeover offer for the company if they'll own over 30%.
We'll also receive a healthy £4.5m which should see the mining expanded to good levels of intended ounces.
Now for the directors (Stifanio has already lead the way with his buy today) to take up their stock options.
https://www.lse.co.uk/rns/GAL/stock-options-td1s98abu1jo5a2.html
This is all good.
Cheers all and GL.

17.3m warrants left at CAN$0.40 (around 26p).
Issued shares 83.5m. Stock Options 4.4m
If all taken up we'll have around 105m shares, and no doubt more than 10m or more of these will be sold for quick profit as production ramps up.
Can 40k ounces per year be achieved ?
If so with a rough estimated MC compared to peers of £90m means a potential SP of 85p.
20k Ounces means over 40p.
We'll see.

https://www.proactiveinvestors.co.uk/companies/news/983879/galantas-gold-ceo-looks-forward-to-production-starting-in-june-983879.html

https://www.proactiveinvestors.co.uk/companies/news/983666/galantas-gold-s-losses-widen-as-it-develops-omagh-gold-project-in-northern-ireland-983666.html