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Silvercorp Metals Inc. SVM


Primary Symbol: T.SVM

Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth potential. The Company’s strategy is to create shareholder value by 1) focusing on generating free cashflow from long life mines; 2) organic growth through extensive drilling for discovery; 3) equity investments in potential world class opportunities; 4) ongoing merger and acquisition efforts to unlock value; and 5) long term commitment to responsible mining and ESG.


TSX:SVM - Post by User

Post by kidderpeabodyon Nov 21, 2024 6:25pm
130 Views
Post# 36324931

Being Fully Funded

Being Fully FundedI got some details from the silver wheaton website regarding the sreaming deal. I hope this information is wrong and doesn't apply to Silvercorp metals. 

Stream Details
 
Date of Contract 17-Jan-22
 
Term Life of Mine
 
Stream 50% gold until 150,000 ounces, then 33% and 75% silver until 4.6 million ounces, then 50%
 
Upfront Consideration $175.5M
 
Per Unit Production Payment 18% of spot until upfront deposit repaid, 22% of spot thereafter

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