RE:RE:RE:FinancingMacRellen wrote: They'll still have to come up with the $20M to be payed when the deal is closed, so that is the financing we are waiting for now.
As for the deferred 90M (to be paid by 4 yearly installments of 22.5M), hopefully that will be paid for by cash flow. It remains to be seen whether they will generate enough money through their operations, as it off course depends on metal prices. The NR states that a majority of the 90M will be paid for through cash flow from the Bolivian assets, not that they will be fully financed by cash flow. But hopefully Zimapan will also generate money that may go towards this aquisition.
To be the pay off even half of your mortgage in 4 years is a great achievement. If they manage to do something close to what they want to do, they are very efficient business.