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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 Mar 30, 2020 8:50am
153 Views
Post# 30859201

Beware of the wolf in sheep's clothing

Beware of the wolf in sheep's clothingPeople join the board and immediately start bashing the merger. Place them on ignore if you want to avoid their rants.

With the cost of debt likely to fall, given the high debt of the combined entity, we can expect even more synergies than predicted. In just one day Q1 will be over, and I expect we'll get very early news on how both Flutter and Stars did, and it won't be as bad as some would have thought. Remember that margins on sports betting are quite thin, so if those who were all sports betting converted to casino / poker playing, that's actually likely to translate into margin wins. 

However, that's not a likely scenario, still I think with so many guarantees on poker tourneys raised and even then blown out of the water, we could be in for a pleasant surprise. It seems like April 30th is the timeline to lift quarantine restrictions in the USA. That's a far cry from the August timeline which Flutter mentioned in their profit warning...
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