So to sum it up, this is a modest-sized transaction that offers a lot of advantages for Coeur and our stockholders and we expect these benefits will be immediately visible in our operating and financial performance. It checks several important boxes for us. It provides an immediately cash flow bump, it provides quality low-risk immediate production growth, it reduces our overall unit costs, it reduces our company’s overall risk profile, and it meets our return and accretion criteria. We look forward to closing this transaction this quarter and welcoming the team at Wharf to Coeur Mining and ensuring a smooth transition and filing a new 43-101 Technical Report on Wharf by the end of the first quarter.
With that then we’ll go ahead and why don’t we take any questions.
Question and Answer Session
Operator
At this time, I’d like to remind everyone, in order to ask a question, press star and the number one in your telephone keypad. We’ll pause for a moment to compile a Q&A roster. Your first question comes from the line of Adam Graf from Cowen. Your line is open.
Adam Graf, Cowen and Company
Good morning guys.
Mitchell J. Krebs, President and Chief Executive Officer
Hey Adam!
Adam Graf
Congratulations on the acquisition.
Mitchell J. Krebs
Hey thanks!
Adam Graf
A question about the pool of Net Operating Losses that you can apply here against the taxes at Wharf. Could you maybe talk a little bit about how much, if any, you’re acquiring in the way of a pool with this acquisition? How much you already had and maybe when they would have expired had you not purchased Wharf or you couldn’t apply them to other operations?
Mitchell J. Krebs
Yeah, I’ll have Peter answer that.
Peter C. Mitchell, Senior Vice President and Chief Financial Officer
First of all, our existing — I would say Adam, $300 million that would have started to expire in 2019, so they will be fully applicable to Wharf taxable income going forward. In terms of existing tax losses at Wharf, we are going through the final tax planning on that but we will be doing a 330 External Action in Wharf and bumping the tax basis at tax depreciable assets in Wharf as well so the majority of those will be consumed in that election process. But I think that the condensed answer is that we got ample tax shelter for Wharf on a go-forward basis apart from the existing tax attributes at Wharf. And obviously, there is a large pool of NOLs that the core has come the end of the transaction.
Adam Graf
Peter, just to follow-up on that, in our models we can take that $300 million and apply it equally to their US operations as far as tax shelter.
Peter C. Mitchell
Correct.
Adam Graf
And just, again, a bit more specific on the 2019, that is when they would start to expire. Can you give us any feel on how that distribution — how they expire beyond 2019?
Peter C. Mitchell
I don’t have the schedule in front of me at this point Adam. I think it is fairly even on a go-forward basis from 2019 forward but it is going to be consumed such that sort of allocation for individual years is not a specific concern at this point.
Adam Graff
Can you give us any feel at what gold and silver price between your US operations now? You might be able to consume all of that before they expire or any kind of a price range there where we can get a feel for whether you will be able to use them completely or not?.
Peter C. Mitchell
It is a great question. I have not run the sensitivities of this point but certainly looking at prices, approximating spot at this point we have shelter basically for the projected mine life at this point from the tax perspective.
