Bull Case For This AcquisitionI am aware that the tone of my posts to date here throw shade on this acquisition. Here's an excellent post from ceo.ca that states case for the bulls.
@jeff What's amazing about this transaction is " How could SCZ clinch such a deal with Glencore just at the edge of a major breakout of the commodity market ?" Assets include five producing mines, two exploration projects, three milling facilities, one trading company and two power plants (thermo and hydroelectric). Creating a significant Americas-focused silver producer approaching senior status, with additional significant leverage to the zinc market. If the commodity prices progress as projected, the majority of the deferred payments can be funded by future cash flows, resulting in limited dilution. Masterful.