Implied valuesWanted to value out this deal in premier terms. cash received 85m (53 cents per share) capital contribution 185m half premier(57.8 cents per share) potential extra contribution 30m half premier(9.4 cents per share) So we received 1.11 firm 9 potential. Call it 1.20 we own the other half directly worth 1.20. We have cash on hand 19 cents. Td analyst projected possible 200 million npv gain on increased reserves to the centerra interest. implies 200 million gain to premier also. (1.25 per share) So for cash on hand and hardrock we arrive at 2.59 per share with (1.25 npv td upside potential projection) or 3.84 per share all in. Red lake, Cove would be in addition to these values. I like the deal. Gets rid of the heavy weight of the future financing. Stock was never going to really run with capital requirements like we had. As an out right sale I would have liked a higher value. Keeping half will let us participate in the upside. lc imho