SilverCrest Metals – Construction Update, Ahead Of Schedule And On Budget
Chris Ritchie, President of SilverCrest Metals (TSX:SIL – NYSE:SILV) joins me for a comprehensive construction update at the Las Chispas Project, in Sonora Mexico. As stated in yesterday’s news release the Company is ahead of schedule on construction, currently 86.2% completed vs 79.3% that was scheduled at this time.
Chris provides a breakdown of how much money is left to spend and the amount that is within the fixed contract. We also look at the balance sheet compared to the remaining costs and the large exploration program that will be undertaken this year. With construction so close to completion we look ahead to where SilverCrest will be in 2023 including cash-flow projections.
If you have any follow up questions for Chris please email me at Fleck@kereport.com.