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SilverCrest Metals – Las Chispas Construction Update, Growth Prospects into Next Year, and Stock Price Action

Cory댊
October 27, 2021

Chris Ritchie, President of SilverCrest Metals (TSX:SIL – NYSE:SILV) joins us to recap the construction update at the Las Chispas Project in Mexico as well as some of the growth prospects heading into next year. The news is linked below that outlines the progress at each individual component, but overall the project is ahead of schedule and on budget.

 

On the construction front we have Chris focus on the estimated time to completion and cash flow forecasts when in production. We have received a few questions on financing as the project nears completion so Chris addresses where the Company stands with cash in the bank and available through the loan facility.

 

We also discuss the growth prospects through drilling and new investors once the Company is cash-flowing. And the share price action in terms of volumes and makeup of shareholders.

 

if you have any follow up questions for Chris please email us at Fleck@kereport.com and Shad@kereport.com.

 

 

 

Click here to read over the full construction update at Las Chispas.

Discussion
1 Comment
    Oct 27, 2021 27:24 AM

    Always nice to get an update on Silvercrest as one of the preeminent silver developers moving into production next year. It sounds like there is still plenty of exploration work going on to keep finding more ounces in the ground, outside of the current resource estimates that will continue to feed the mine in the future. Also Chris always weaves in some great macro economic data points, and some of his comments at the end were great.