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Aya Gold & Silver Inc AYA


Primary Symbol: T.AYA Alternate Symbol(s):  AYASF

Aya Gold & Silver Inc. (Aya) is a Canada-based silver producer with operations in the Kingdom of Morocco. The Company operates the high-grade Zgounder Silver Mine and is exploring its properties along the prospective South-Atlas Fault. The Zgounder Silver Mine is an underground silver mine located approximately 260 kilometers (km) east of Agadir in Morocco. The Zgounder mining permit covers over 16 square kilometers (km2). It owns 100% of Zgounder Millennium Silver Mine S.A (ZMSM), which owns the Zgounder property. It also owns 85% of the Boumadine polymetallic project and owns the permits related to the Amizmiz, Azegour, Zgounder Regional and Imiter bis properties. All of these properties are located in the Kingdom of Morocco. Aya owns 75% of the Tijirit project located in Mauritania. Aya also owns Tirzzit Project, which consists of seven permits located approximately 25 km from the Zgounder property. Its wholly owned subsidiary is Aya Gold & Silver Maroc S.A.


TSX:AYA - Post by User

Post by solarman2013on Nov 09, 2019 5:45am
300 Views
Post# 30330862

Accelerated debt paydown

Accelerated debt paydown Without flutters amazing cash flow, stars accelerated debt pay down in this past quarter. This has been a major point of contention against higher valuation .if they can do the same for next three quarters then debt falls substantially as does debt servicing costs faster than guidance accounts for.

just wait for Q4 with expanding casino and sports betting revenues. Even poker has a chance at expanding with PA on board...on the flutter die they will sell shops to satisfy regulator concerns and possibly move to online only. That would bring a bunch more cash to pay down debt even more rapidly...
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