Moydow Mines fka MOY

[amarksp]

Quotes from the press release:

[Commenting on the proposed transaction Mr. Kiernan said "This is a great deal for both Moydow and our partner Newmont. The up-front component will ensure immediate value for our shareholders and the net smelter return royalty allows us to participate in any upside on the property".]

When MOY says "The up-front component will ensure immediate value for our shareholders", I for one believe them...
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[Initial consideration to Moydow for its interest in Ntotoroso will be US$20 million, of which Moydow will have the option of receiving up to US$2 million in cash and the balance in Newmont shares.]

The way I read this is MOY can take the entire $20M in NEM shares???
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The deemed price of the Newmont shares will be determined three business days before closing but will not exceed US$25.50 or be less than US$24.50.

The way I read this is MOY shares should have risen 10% along with the NEM shares ($28/25.50=10% gain)
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In addition, Moydow will receive a 2% net smelter return royalty in respect of all gold and silver production from the Notoroso property in excess of the currently defined reserve of 1.2 million ounces.

This 2% NSR valued at $0...
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I am a glutton for punishment, fill my order please...