Jul. 20 at 1:41 AM
$SVM to correct my last post -- wheaton has those rights until its 175 mil is repaid -- however, at today's spot price -- it will roughly receive
$8MIL from sale of AU and
$3MIL from sale of AG annually so even if we round it up to 13-15 mil -- it will still take more than 10 yrs to repay the initial 175 and only after that the terms will improve for SVM -- RELATIVELY -- i.e wheaton will be paying higher price and receiving lesser share of production. so we are basically talking initial terms applying to the full life of the mine -- unless i misunderstood the study.
