Adventus Mining Corp. V.ADZN

Fits like a glove from what I see

[templetooth2]

I have zero prior knowledge of Silvercorp, but I see they have annual Ag production of about 8 million oz. At today's prices, about US$200 million annual revenues. When El Domo comes onstream, that's 21,000 annuel CuEq tonnes, let's say at $4.50  per lb, or about US$208 million revenue. So the company doubles in size.

This happens without debt. Obviously, the next move is to bring to production Condor North which will be 187,000 oz or more. At $2200 per ounce, that's $411 million annual revenue. Another doubleling of revenue. No doubt, that's a long way down the road, but suddenly Silvercorp has a full slate of growth opportunities, which it didn't have before.

[SNgu8000]

You are right : " that's a long way down the road ", COULD BE 5 yrs away  . SVM bring in lot of good things to ADZN , they are mine builder and developer , they bring in CASH and experiences , supplies chain timeline and discounts , they are profitable mine and in discounts 0.5 NPV , $200 mil in CASH and NO DEBTS . DYODD !

[FlightTime]

That's a great back of the envelope analysis / summary, thank you!  Definitely playing the long game with this one to realize true value of the asset base. 

[ShareTraderNZ]

Yeah great deal for SVM ... ADZN has a great set of assets ..and SVM going pick them up for less than present market value as the SVM SP has just dropped 6% VWAP using recent highs  Sadly debt issues pushed ADZN into a corner and SVM has taken advanatge ... I personally not sure I keen on getting shares in Chinese Silver/Lead/Zinc operation .. I purchased ADZN for the High grade Copper/Gold