cerro jumil 80% funded cash(eq) post transaction: 75million + 15million credit line with PAA = 90million
initial capex = 114million
Royalty on Silver Standards San Luis, starts paying 2014 approx 1.5million $ per annum (enough for G&A)
They could also decide to first put La Balosa into production and then fund cerro jumil inernally...very interesting