Production ProfileAnalyst notes the Silver Sand project has a very large silver production profile of 12.1 million ounces per annum driven by a peer-leading average grade, which could position the company among the top silver producers.
Strategic InvestorsAnalyst highlights that notable producers Silvercorp Metals and Pan American Silver hold significant ownership, signaling confidence in the quality of the asset portfolio.
Valuation GapAnalyst points out that shares trade at a substantial discount to net asset value, creating scope for a re-rating to higher multiples as development milestones are achieved.