Question · Q2 2024
Chen Lin from Lin Asset Management asked about the expected capital expenditure required to bring the La Preciosa mine fully online and confirmed the tonnage of stockpiled material processed and remaining.
Answer
CFO Nathan Harte reiterated guidance of $3 to $5 million in initial capital to access the first veins, with President and CEO David Wolfin adding that major infrastructure is already in place. Harte also confirmed that 10,000 tonnes of stockpile material were processed with 5,000 tonnes remaining.
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