Hallo, nachfolgend die Q1 Zahlen. Wie zu erwarten bescheiden aber es sollte bereits alles eingepreist sein... Die Aussichten sind ab jetzt nicht soooo schlecht. Hoffen wir dass der Silberpreis nicht nochmal richtig nach unten rauscht.
Gruß
Ebbe
http://www.newswire.ca/en/story/1547617/...ter-2015-financial-results
Santacruz Silver Reports First Quarter 2015 Financial Results
TSX.V: SCZ
VANCOUVER, June 1, 2015 /CNW/ - Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the "Company" or "Santacruz") reports the financial and operating results for the first quarter of 2015 ("Q1"). The full version of the financial statements and accompanying management discussion and analysis can be viewed on the Company's website at www.santacruzsilver.com or on SEDAR at www.sedar.com. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in US dollars unless otherwise indicated.
During Q1 there was a temporary halt in operations from January 2 to March 25 following a malfunction in the tailings dam dewatering pipe. (See press release dated January 5, 2015.) After completing the remediation and cleanup of approximately 2,000 cubic metres of tailings pulp, at a cost of approximately $201,000, the Company received approval to re-start operations at the Rosario Mine. (See press release dated March 26, 2015.) As such the Company has recommenced operations at the Rosario Mine and the production / financial results in the second quarter of 2015 will reflect the fact that the Rosario Mine is fully operational again.
"The first quarter financials reflect the status of the Rosario Mine being shut-down during the quarter. During this first quarter, we took the opportunity to complete a major overhaul and refurbishment of key mill circuits. In addition, we restructured our underground mine contract in order to achieve improved mining costs and efficiencies, with fewer personnel. Further, the Company implemented and permitted an alternative solution for tailings disposal, secured the damaged discharge pipe, and upgraded the factor of safety at the tailings embankment. That being said we have subsequently resumed operations at Rosario in the second quarter." said Arturo Préstamo, President and CEO. "Our goal is to see continued operational improvements for the remainder of 2015."
First Quarter 2015 Financial Summary
§ Highlights (US$000's except per share amount)
§ Q1 2015
Revenue $402
Mine Operating Income (Loss) $(1,662)
Net Loss $(2,551)
Basic Loss per Share $(0.02)
Frist Quarter 2015 Mine Operations Summary
Highlights § Q1 2015
Ore Processed (tonnes milled)(3) 1,823
Silver Equivalent Production (ounces)(1) 20,011
Silver Equivalent Sold (ounces)(2) 30,931
Cash Cost per Silver Equivalent Sold ($/oz.)(3)
* § Production Cost ($/tonne)(3)
* § All-in Sustaining Cost per Silver Equivalent Sold ($/oz.)(3)
* § Average Realized Silver Price ($/oz.)(3)
$17.41 § * During Q1 2015 there was a temporary halt in operations from January 2 to March 25 following a malfunction in the tailings dam dewatering pipe. As such the Q1 2015 per unit cost calculations are not considered relevant and have not been included in this table.
(1) Silver equivalent ounces produced in 2015 are calculated using prices of US$17.75/oz., US$1,250/oz., US$0.83/lb and US$1.09/lb for silver, gold, lead and zinc respectively applied to the metal content of the lead and zinc concentrates produced by the Rosario Mine. Silver equivalent ounces produced in 2014 are calculated using prices of US$20.00/oz., US$1,250/oz., US$0.96/lb and US$0.90/lb for silver, gold, lead and zinc respectively applied to the metal content of the lead and zinc concentrates produced by the Rosario Mine.
(2) Silver equivalent sold ounces in the first quarter of 2015 was calculated using a realized silver price of US$17.41/oz applied to the payable metal content of the lead and zinc concentrates sold from the Rosario Mine. Silver equivalent sold ounces in the fourth, third, second and first quarters of 2014 were calculated using realized silver prices of US$16.15/oz., US$19.55/oz., US$19.76/oz. and US$20.55/oz., respectively, applied to the payable metal content of the lead and zinc concentrates sold from the Rosario Mine.
(3) The Company reports non-IFRS measures which include Production Cost per Tonne, Cash Cost per Silver Equivalent, All-in Sustaining Cost per Silver Equivalent and Average Realized Silver Price per Ounce. These measures are widely used in the mining industry as a benchmark for performance, but do not have a standardized meaning and may differ from methods used by other companies with similar descriptions. See "Non-IFRS Measures" section for definitions.
Operational Review
During the first quarter, most of the work focused on the remediation of the tailings spill. In addition to that remediation work, substantial activity was focused on improving operational efficiencies so that once production was resumed the benefits would be seen going forward. Some of those activities included; stope development in the mine, identifying cost savings programs in the mill, mine contract reorganization, and improving the overall site logistics.
Subsequent to the first quarter, the Rosario Mine has seen excellent progress and it is anticipated that production will continue to ramp-up together with higher efficiencies which will drive the Company towards being a positive cash flow producer.
About Santacruz Silver Mining Ltd.
Santacruz is a Mexican focused silver company with a producing mine (Rosario); two advanced-stage projects (San Felipe and Gavilanes) and an early-stage exploration project (El Gachi). The Company is managed by a technical team of professionals with proven track records in developing, operating and discovering silver mines in Mexico. Our corporate objective is to become a mid-tier silver producer.
'signed'
Arturo Préstamo Elizondo, President, Chief Executive Officer and Director ----------- Alle von mir abgegebenen Statements und Postings stellen meine persönliche Meinung dar und sollen niemand zum Kauf oder Verkauf von Aktien animieren.
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