Kuya Silver – Vertical Integration: Letter of Intent to Acquire Processing Plant in Peru
In this episode, we sit down with David Stein, President and CEO of Kuya Silver (CSE: KUYA | OTCQB: KUYAF | FRA: 6MR1), to discuss a transformative milestone for the Company. Following a significant CAD $25.5 million capital raise, Kuya Silver has announced a Letter of Intent (LOI) to acquire the very processing plant currently treating ore from their Bethania Silver Mine in Peru.
Key Discussion Points
- The Transition to Vertical Integration: Why the Company is acquiring the existing operational facility they already utilize.
- Capacity and Expansion Timelines: A look at the immediate plans to scale from 150 tons per day (tpd) to the phase one target of 350 tpd by year-end.
- Economic Synergies and Cost Savings: How owning the plant eliminates third-party tolling fees and leverages the Peruvian hydroelectric grid for cheaper, greener power.
- Maintaining Operational Flexibility: Why this acquisition doesn’t rule out the future construction of the Bethania plant, but rather adds a “middle step” to double production capacity to 700 tpd.
- Profitability in a High-Silver Environment: David discusses the impact of current spot prices on the Company’s break-even points and the strength of their “war chest” for upcoming exploration.
If you have any follow-up questions for David, please email me at Fleck@kereport.com.
Click here to visit the Kuya Silver website – https://kuyasilver.com/
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Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
2011 silver should not be compared with today’s silver. The two have very little in common.
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