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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Comment by 1marketmakeron Dec 02, 2010 4:33pm
149 Views
Post# 17792109

RE: RE: RE: Financial ?

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).   
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