The dealThe only potential negatives that I see are:
- production slippage to H1 2027. That's maybe a year later than previously advertized. IMHO the 2026 timeline was awfully optimistic. This new date is "awfully" realistic.
- the gold stream is for 10.5% of gold production. That sounds high but there's an option to reduce that to about 3.5% which is much more palatable.
Regarding the market reaction, sometimes you have to say the rest of the world is nuts, close your eyes and BUY!