With SLW having cash flow of at least 400-600 million next year, what other deals can they come up with? I was thinking maybe they could acquire a gold royalty company. Any other miners out there that need cash to develope their mines? Any thoughts? Long since 2006.
They should not alter their business model. If they can't find other Ag stream deals in the nearterm that meet their criteria, I'd be ok with them leaving the cash on the balance sheet for 12-24 months while they continued to look for good stream opportunities. Beyond that, they could begin returning cash to shareholders either in the form of a dividend or via share repurchase. I'd lean toward share repurchase because they can strategically buy and support the price of the stock and not lock themselves into an annual capital/cash commitment.
I know about the past deals. What I was asking: what new deals do you think they might have in mind? They will have a boat load of cash on their hands next year, even after they make their progress payments to Barrick.