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Monday, 08/01/2016 4:28:33 PM

Monday, August 01, 2016 4:28:33 PM

Post# of 4483
Franco Royalty and Lower Interest in Q3.

Quote from Stockhouse:

"This quarter Coeur sold 19,000ozs gold from palmarejo-this next quarter with same 19,000oz sold at price of 1350 with no minimum and a 50/50 split with Franco paying 800.00 per oz to Coeur...
Coeur will realize 20.425M about 7M more than 2nd quarter.

The paid down of 100M loan will save 2M in interest per quarter

Selling same amount of silver at 20 another 12M.

The Franco royalty, the savings in interest and price of silver add up to 21M, plus another 6.8M from $100 rise in gold company wide-
that's an extra 27.8M

Gold @1350
Silver@20.00 same production and expenses.

This is hypothetical and back of envelope just to show the difference with Franco change of royalty, the recent pay down of debt and today's gold/silver prices with static cost and the same production,
again that's 27.8M per quarter more."
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