RE:RE:RE:RE:Exploration Update at Galena Complex and Cosalá OperationsIt has been stated by management that AISC at the Galena mine will be down to $10 per ounce by 2018.
They feel that this target is doable at the current metal prices. I for one am ok with this figure especially since the mine will be making money at this price.
This company will be one of the lowest cost producers if not the lowest of any silver producer non dependent of market cap in a sector that I feel will do very well in the coming years.
They will also be a leader in free cash flow amongst their peers beginning in 2018 generating 2.5 million dollars per month at prevailing metal prices. The market at some point has to react favourably to these fundamentals and the potential growth story of Americas Silver Corporation.
PikKid