RE: 8% rise today6 Feb 2026 17:53
Even though they have sold Casa Berardi which was mainly gold,( probably due to expected higher ASIC?) other production figs show strength in 2026, with roughly 16mil oz Ag forecast compared to 17 mil 2025, and estimates are only based on $50 per oz Ag. ASIC is low. ( $16 poz) Gold from Greens Creek 55k oz - In addition new permits for exploration & investment in this area doubles compared to last year. Could be the start of the exploration in Aurora has been announced with the historic v high grades? Alternatively sale going through of CB with excellent terms ( expected Q1)
"Under the terms of the agreement, Hecla expects to receive gross proceeds of up to $593 million, which includes:
Cash consideration of $160 million due upon closing
Equity consideration of approximately 65.7 million Orezone common shares, to be issued upon closing, currently valued at approximately $112 million
Deferred cash consideration of $80 million, payable in one payment of $30 million at 18 months and one payment of $50 million at 30 months
Contingent consideration of up to $241 million, comprised of:
Production-based royalty payments of up to $211 million ($80/oz for the first 500,000 oz, then $180/oz thereafter from open pit operations)
Permit receipt payment of $20 million upon grant of permits
Gold price-linked payment of up to $10 million at gold prices exceeding $4,200/oz"
GL & DYOR :-)