RE: I note that Lundin Mining announced....they still own a good chunk of shares also ..........
from the original Silver Deal
All of the silver production from Zinkgruvan sold to Silver Wheaton (Minimum of 40 million ounces of silver over a 25-year)
Upfront cash payment of US$50 million,
30 million Silver Wheaton shares, and 30 million whole share purchase warrants (Value about US$ 30 million)
Total value approximately US$80M of the upfront payment
Plus a per ounce payment at a price equal US$3.90 (subject to a consumer price adjustment after three years)
US$1.00 per ounce of silver to be paid to Silver Wheaton at end of the 25 years for silver not delivered.
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