Cashflow GenerationSCZ is still poised to generate large cashflow due to significant increase in the silver price.
Financial PositionWith these payments behind it, SCZ is well-positioned to allocate cash toward growth initiatives, M&A, and returning capital to shareholders, building on its proven success with the Bolivian portfolio acquisition.
Project DevelopmentSantacruz has initiated development and full production permitting at its 100%-owned Soracaya Project in Bolivia’s Potosí Department, following the completion of the $40M accelerated option with Glencore that consolidated full ownership.