GOING MAINSTREAM
“ Because our costs are predictable , our risk profile is much lower than what a traditional mining company can offer ”
– Randy Smallwood , President and CEO payment and an additional payment as those precious metals are delivered at a pre-determined price per ounce . The company ’ s cash flow is generated in the difference between that additional payment and the price it sells the metal for .
This creates a lucrative situation for any mining company looking to gain capital – low risk .
“ Because our costs are predictable , our risk profile is much lower than what a traditional mining company can offer . We deliver the same growth and organic opportunities of a traditional mining company , but with a low risk profile ,” says Smallwood .
In the 13 years since 2004 , when Smallwood pioneered the precious metals streaming business model and formed Silver Wheaton , streaming has very much become a part of the modern mining industry . The mining industry is one that lives on capital , there will never be a time where the industry does not need capital .
Streaming is not the only source of capital . Companies can generate capital by taking debt , issuing shares
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