RE:Cascabel stream announcedMany thanks for sharing this link. The buyback provision is fascinating. That leads me to believe SolGold probably has other large partners in the hopper, and they have requested the ability (at a cost, obviously) to buy down the future stream % to improve the IRR if they acquire the project. The timing of the two buyback options provides insight into the timing envisioned by the various player - a 50% reduction if within 3 yrs, and a 33.3% reduction if within 5 yrs. If the timeline to a producing mine looks longer than 5 years, there would be no buyback option.
I would LOVE to see a 3/5 yr production timeline for Casino, but with zero road progress for the 2024 construction season, that possibility is evaporating.