RE: First Majestic Silver - Jerritt Canyon purchase20 May 2021 16:10
Hi Tester
Surely it’s not in First Majestic’s (or any would be suitors) interests for our seller to be bought out and the SP rise before they make a bid!
I agree the longer this goes on, the lower the final deal price, however we all know both Jim and Mark as major shareholders will have a minimum price to sell at.
My biggest concern is that in a few weeks/months I will be kicking myself for not buying more at 50p...I certainly regretted not buying more at 20p when I could, and I think pro rata 50p is a bigger bargain considering our progress/de-risking versus the 20p price at the time!