RE:RE:I repeat Hello Raglo.
The 1% premium is based on the 10 day average price with Friday September 24 seeing as the last day of these 10 days. But premiums are always calculated that way. (See also acquisition by Newcrest). During these last 10 days KL was rising and AEM was declining You take the price of September 27? You have to take the average of the 10 days
KL will have 209,32 million shares of the new company. AEM will have 243,7 million shares.
The total amount of the new AEM shares will be +- 453,02 million shares.
Don't forget that the old AEM production of 2,1 million (next year 2,3 million) can have a much better AISC when Tony will manage it. When Tony can bring the AISC for Detour Gold from 1200 usd to 775 usd. Be sure he will bring also big improvements to the AEM mines.