Example of Lundin Acquisition2 Oct 2019 10:29
Obviously not suggesting these figures have any bearing on what we could ultimately achieve here but this does illustrate just how easily Lundin can pick up huge assets....
"On July 5, 2019, the Company closed the acquisition of a 100% ownership stake in Mineração Maracá Indústria e Comércio S/A, which owns the Chapada copper-gold mine located in Brazil from Yamana Gold Inc. (“Yamana”). Total cash consideration paid at closing by the Company was $800 million, funded by cash on hand and the Company’s $550 million revolving credit facility".