Aurcana Silver Corp V.AUN.H

Metals & Mining Silver

Aurcana Silver Corporation is a Canada-based company, which is engaged in the exploration, development, and operation of natural resource properties. The Company’s development properties are the Revenue-Virginius mine (the Revenue-Virginius mine or Ouray), located in Ouray Colorado and held through the Company’s 100% owned United States subsidiary, Ouray Silver Mines, Inc. (OSMI) and the Shafter silver property (the Shafter Silver Project or Shafter), located in Presidio County, Texas and held Aurcana Silver Corporation. The Revenue-Virginius mine is located in southwestern Colorado about 5.5 miles southwest of the town of Ouray. Access to the mine site is via County Road 361. The Shafter Silver Project, which is 375 miles southeast of El Paso, in Presidio County, southwest Texas, within a historic mining district.

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Aurcana Silver Corp > Cash flow 2022 : 50M$ - > in 3 years

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Post by andre171on Aug 19, 2021 12:05pm

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Post# 33730658

Cash flow 2022 : 50M$ - > in 3 years

Kevin Drover said that for the first full year of production (2022), after-tax cash flow was conservatively estimated at us $ 50m with silver at $ 26 ounce. This represents 0.23 cad per share and a ratio of just over 3 over the current price, which seems to me to be too low a quote.

The CEO also said that in 3 years, Aurcana should produce 6M. ounces of silver per year, what do you think would be the annual cash flow generated by such production?

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