Post by
Windtalker on Aug 10, 2022 1:40pm
Lifeexprt, your opinion please
Tick tock. Getting close to earnings and drill results. I'd appreciate your analysis on what will transpire going ahead with the warrants. Something in the neighborhood of 120 million share. That's some serious overhang to chew through. Thanks dd.
Comment by
Windtalker on Aug 11, 2022 12:54pm
Thank you David. You're always the gentleman. Truly appreciate our interactions. Cheers.
Comment by
Lifexprt on Aug 11, 2022 3:03pm
Anytime. Once it reaches full value I will diversify into other names, for time being it's nowhere near.
Comment by
Windtalker on Aug 12, 2022 10:48am
I'm struggling as to how to fully value this company as it's not a pure silver play (which is a good thing in many respects thanks to the zinc component). Rational full valuations for pure silver play producers in my opinion run 10 to 20 times FCF. Mixed metal producers less at 5-10 times. I'd enjoy/appreciate your thoughts on how to value SCZ going forward.
Comment by
Windtalker on Aug 15, 2022 10:43am
At 10x valuation FCF OF 15 mill = 150 mill divided by 330 mill shares (non-diluted) = 45 cents per share, which is where we are today. It seems we are fairly valued now. What am I missing here. In my opinion, SCZ is a strong leveraged play. This will sing when silver price rises hence my speculative investment in the company. Thoughts?
Comment by
Lifexprt on Aug 15, 2022 11:18am
$15 million FCF quarterly.
Comment by
jcw604 on Aug 15, 2022 4:10pm
Is EV to FCF ratio supposed to be based on yearly or quarterly FCF?
Comment by
Lifexprt on Aug 16, 2022 9:33am
Annual 10-15 multiplied by 4 so roughly 40-60 FCF annually.
Comment by
Windtalker on Aug 16, 2022 9:54am
When I began investing in SCZ, I gave little attention to the zinc component. It has my attention now.
Comment by
Lifexprt on Aug 16, 2022 10:26am
Bolivian assets are skewed towards zinc at 55% or so. Breakeven costs at $2,500 per tonne which is why the company is able to maintain a relatively low silver AISC (under $15) when accounting for zinc credits in their cost calculations
Comment by
Windtalker on Aug 16, 2022 6:59pm
Wayne Corso appears to have extensive experience in mine creation/building. Santa G. and Sorocaya? A fine addition to the team
Comment by
Lifexprt on Aug 16, 2022 9:07pm
Definitely "Senior silver producer" does sound nice
Comment by
greendayyyy on Aug 17, 2022 12:18pm
Very good move by SCV to hire Wayne. Success always comes through a competent management team. I will probably increase my position if the price slips below .40. For now the mines are still being slaughtered and shunned but in a few months we will be glad we bought in at these low prices.
Comment by
Atima on Sep 07, 2022 6:47pm
Corso is on contract from JDS- they do this with Companies that can't otherwise hire competent staff. JDS has had its fingerprints on several Companies in a management role that have floundered- Tahoe, Continental, Farallon. SCZ has a troubled past, Bolivia is a tough, expensive and unforgiving place. Caveat Emptor!