TSXV:AUN.H - Post by User
Post by
NinetyFourOctanon Nov 02, 2020 12:17pm
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Post# 31823125
4.5 to 5.0 MM oz pa with RV along
4.5 to 5.0 MM oz pa with RV along 1, Multi-year Target for Revenue Virginius Mine alone is 4.5 to 5.0 MM ouches per year once mine capacity reaches the full 400 t.p.d. from initial 270 tpd in April 2021. 2, Shafter Project has a potential 1,500 tpd operation which could be brought online as early as 2022. Given 1, and 2, above Aurcana is significantly undervalued at the current price of 0.83/sh. We are looking at >>$2/sh in 2021, and then upwards from their in 2022. Greatest risk to achieving the above ---> Silver Prices staying above $18/oz, we are currently at about $23.50/oz and rising so this risk is deemed very low.