JUICY, JUICY, JUICY....AGNICO EAGLE????!Well just what do we have here now Agico Eagle????! Take a look at this:
1)
On October 25, 2017, the Company amended its $1.2 billion credit facility to extend the maturity date
from June 22, 2021 to June 22, 2022. (to match the delay EOM likely put on things?)
What I find interesting about this is that it matches MINESA's plan perfectly for the construction of the "Soto Norte" project. They are finishing the construction of the mine in 2021 and likely will need to draw on this facility until just after that...And look how much it costs...
"~US$1 billion investment over next 5 years"
Rather close to the 1.2B USD.....No?
2) Look at the money Agnico Eagle intends to raise back on November 17th.....(6 days after the large donation by the UAE to Santos)
AGNICO EAGLE MINES LIMITED
Debt Securities
Common Shares
Warrants
US$500,000,000
HMMMMMM....That seems like the number that has been batted around here someone to takeover EOM.
I always thought it was Newmont being the brains behind the MINESA operation but apparently it couldd be AGNICO EAGLE!!!!!!!!!!!!!!!!!!