Bullboard - Stock Discussion Forum 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... see more

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

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Post by andre171 on Aug 19, 2021 12:05pm

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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Comment by richman70 on Aug 19, 2021 1:54pm

Yes, and with a silver price well over 50 dollars you get multiples of that

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Comment by andre171 on Aug 20, 2021 2:07am

You still have to believe in money at $ 50! I would be happy at $ 40 already, because a big hike that never comes has been predicted for a long time.

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Comment by andre171 on Aug 20, 2021 7:48am

But we must take into account the warrants and options which could bring the number of shares to 397.5 million. In my opinion, the CF of 50M would justify a price of 1.37 cad per share.

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Aurcana Silver Corp