Wow austral can keep moving forward through a a pandemic, a strike and STILL make money. Notice how in this quarterly report they highlighted more of their properties for exploration?
there’s an upside to lower throughput as well... the ore at guanaco/amancaya proven reserves is depleted at a slower rate which will result in a slightly longer life of mine.
All eyes should be glued to exploration at this time. I’m very curious to see if the silver price rallies past $25USD and stays there.
A casposo restart would be fantastic and defining new resources at guanaco/amancaya would ensure that the cash keeps flowing!
seasonally they usually do better in the Southern Hemisphere summer months looking forward to the next 2 quarters!
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