TGZ teranga gold corporation
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Am I missing something here or is this most expensive financing...

  1. Daytr
    4,555 Posts.
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    17/01/14
    11:18
    Post #: 12819656
    Am I missing something here or is this most expensive financing in history? I get the 22.5k pa gold stream for 6 years & that makes sense at current POG to repay the $135M.
    However what is the 34 year gold stream for 6% of production @ 20% of the prevailing spot price? Why would you do that? Am I missing something?
    TGZ Price at posting: 65.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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