First Majestic Silver Corp. (AG): Very good deal for First Majestic. S...

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First Majestic Silver Corp. (AG)

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Re: Edge83 post# 1294

Friday, 01/12/2018 12:29:04 PM

Friday, January 12, 2018 12:29:04 PM

Very good deal for First Majestic.

San Dimas is a great asset! The biggest problem for Primero was the SPA with WPM which was one of the most expensive in the mining sector. I already took a look on the new stream and that will be a big reduction for WPM cashflow on quarterly basis, which is compensated by the 151 million USD in First Majestic shares!

With the new streaming agreement San Dimas will produce great cashflow for AG from the beginning!

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