NSR offered to shareholdersHi I must be really stupid for not understanding why the SG NSR was not offered to shareholders.
My calculations must really be wrong because it makes no sense.
If i take 5% of the NSR of $2m= $100k
If i make a few assumption that SG will produce 20000oz a year for 10 years.
20000 ox X 2% = 400 oz /20= 20 oz for a $100k investment.
If 20oz are at $1660 = $33,200
if 20oz are at $2000 = $40,000
If 20oz are at $2500 = $50,000
For a $100,000 invested this is the result if SG + has 200k oz but if Sg increases to 1m oz what
would be the result.
What if Sg produces 40k a year.
If there is to be a new NSR we as shareholders should have the first choice .
At those odds i would be interested in selling 50% of my shares and investing in the NSR.
.Fernand