Nov. 11 at 1:23 AM
$SSRM “The transformational acquisition of CC&V established SSR Mining as the third largest gold producer in the United States, with two core operations each with mine lives in excess of 10 years. Following a very successful integration process, CC&V has already paid back the initial
$100 million upfront acquisition price in mine-site after-tax free cash flow. Including the total potential transaction outlay of
$275 million, the results from this initial Technical Report Summary demonstrate a transaction IRR in excess of 100%, a truly exceptional outcome with meaningful growth potential for the operation still ahead.
Today’s initial life of mine plan already demonstrates a long-lived operation and with nearly five million ounces of Measured & Indicated Mineral Resources and two million ounces of Inferred Mineral Resources, there is a clear opportunity for future growth.”
