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Guanajuato Silver Company Ltd V.GSVR

Alternate Symbol(s):  GSVRF

Guanajuato Silver Company Ltd. is a Canada-based precious metals producer engaged in reactivating past producing silver and gold mines in central Mexico. The Company produces silver and gold concentrates from the El Cubo Mines Complex (El Cubo), Valenciana Mines Complex (VMC), and the San Ignacio mine (San Ignacio); all three mines are located within the state of Guanajuato. Additionally, the Company produces silver, gold, lead, and zinc concentrates from the Topia mine in northwestern Durango. The Company conducts business through its four operating mines and three processing facilities.


TSXV:GSVR - Post by User

Post by ErinBrockovichon Mar 16, 2023 6:51pm
108 Views
Post# 35343826

Loan 2.0 Is Better

Loan 2.0 Is Better@lexcon @bedrag one key item you didnt mention---all these prepayment facilites have a discount to LBMA "fix" price on the day it closes. In the past the discount was 15% this new facility is 12% discount to what is likely to be a higher market spot fix price. If it closes close to the 31st I anticipate prices will be higher than today as well as higher than when the last facility was closed. So to sum up They have significantly reduced the outstanding priniciple in a short time period They have extended the repayment term so the monthly payment schedule is a lower portion of monthly production They have improved the price they receive by less of a discount to fix and quite likely a higher fix price the discount is based on. All with ZERO dilution to shareholders I like this deal a lot
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