Bullboard - Stock Discussion Forum Southern Silver Exploration Corp. V.SSV

Alternate Symbol(s): SSVFF

Metals & Mining Industrial Metals & Minerals

Southern Silver Exploration Corp is a Canadian company engaged in the acquisition, exploration, and development of natural resource properties for enhancement of value and disposition according to sales agreements or development by way of third-party option or joint venture agreements. Its properties include Cerro Las Minitas and Oro. The Cerro Las Minitas property is a silver- lead-zinc... see more

TSXV:SSV - Post Discussion

Southern Silver Exploration Corp. > Strong New PEA for Cerro Las Minitas!

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Post by Prabhjitk on Jun 12, 2024 3:35pm

Strong New PEA for Cerro Las Minitas!

SSV.V Update: Strong New PEA for Cerro Las Minitas! Good news for SSV.V! Their updated economic assessment (PEA) for the Cerro Las Minitas project shows impressive potential.

Strong After-Tax Net Present Value (NPV): - US$501 million at 5% discount rate (base case), using US$23/oz silver. - Significantly higher NPV (US$876 million) with a silver price of US$27.6/oz (closer to current spot price of US$29.5/oz). Increased Project Life & Production: -Extended mine life compared to previous PEA.

-Higher annual production levels. Favorable Valuation: -SSV's share price represents only 11% of the base-case NPV, suggesting potential for significant upside. Overall, a positive update for SSV.V!

The project economics are strong, and the company is trading at a discount to its potential value. For more details and analyst thoughts, check out the full weekly market insights report: https://tinyurl.com/c98fy5bb

*FRC provides issuer-paid coverage.

*Past performance is not indicative of future results.

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