RE: RE: RE: Financial ?Oh and the inflation rate of this deal is worth only 1%. If inflation goes to 5%, we lose 4% more each YEAR. Not 4%. 4% more each YEAR. That's even WORSE as this investment (ie: rip off) lasts decades.
Under the terms of the Transaction, GW shall pay First Uranium $50 million upon closing of the Transaction and, upon each gold delivery, an ongoing payment equal to the lesser of $400 per ounce and the prevailing spot price (subject to an annual inflation adjustment of 1 percent, starting in the fourth year after the closing payment).