I think you have to look at the full deal. On the surface it might not seem like we are paying a lot, but you have to look at more than the 1.5 million + 4 Million + 6 Million (11.5 million over 2 years) We are also paying for the PFS ( how much has our PFS been costing us?) . I can see Jourdan price going up pretty substantially today.
Ann: Acquisition Offers Potential Increase to NAL Resource, page-80
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