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    Felix Shafigullin • Eight Capital

    Felix Shafigullin's questions to Silvercorp Metals Inc (SVM) leadership

    Felix Shafigullin's questions to Silvercorp Metals Inc (SVM) leadership • Q1 2025

    Question

    Felix Shafigullin from Eight Capital asked whether the quarter's higher mining costs were a one-off event, questioned the reason for stockpiling a significant amount of ore, sought clarification on the remaining CapEx for the new tailings facility, and asked if the XRT sorters were fully operational.

    Answer

    Executive Lon Shaver suggested the mining cost increase was not materially significant and deferred detailed commentary to the upcoming life of mine plan. He explained that the ore stockpile demonstrates that mining rates are exceeding current mill capacity, reinforcing the need for the expansion. He confirmed the remaining budget for the tailings facility is $13 million for the fiscal year. Regarding the XRT sorters, Shaver clarified that one unit is currently operating on a trial basis, and its results will inform the deployment of two additional planned units.

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    Felix Shafigullin's questions to Silvercorp Metals Inc (SVM) leadership • Q4 2024

    Question

    Felix Shafigullin from Eight Capital asked for the rationale behind the projected lower cash costs at the Ying mine for fiscal 2025 compared to the actual costs in fiscal 2024.

    Answer

    Lon Shaver, an executive, explained that the anticipated lower per-tonne cash cost at the Ying mine is primarily driven by plans for increased production tonnage. He stated that higher throughput allows for the allocation of costs across more tonnes, leading to a lower unit cost.

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