-March 13, 2018 Primero shareholders voted in favor of AG purchasing the company. The next step is court approval of the deal. This is likely to close sometime this week of march 26-30. A rejection of the proposal is unlikely given Silver Wheaton is involved in the deal.
-The project immediately cashflows first majestic upon closing
-Adds 5.3 million ounces silver to reserves, and 94 thousand ounces of gold.
-The former Primero mine called San Dimas has an AISC of $10.23 giving ample margin. <--I believe this will decrease substantially over 2018/2019. First Majestic intends to dump serious capex into this project.