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Meeting Overview The meeting provided a market update from Kuya Silver, focusing on the company's first-quarter financial results and operational outlook. David Stein, the President and CEO, highlighted key financial metrics, production targets, and ongoing exploration efforts, while also addressing the company's strategic positioning in the market. Key Discussion Points - Overview of Kuya Silver's Q1 financial results, including record revenue of nearly $1.5 million. - Discussion of the company's healthy cash position of $27 million. - Production targets set for the year ranging from 150,000 to 200,000 ounces equivalent. - Onboarding of contractors to enhance mine development and exploration efforts. - Update on the ongoing 20,000-meter drilling program and its implications for future production. - Status of the Camilla plant acquisition and ongoing due diligence. - Emphasis on maintaining financial discipline and leveraging high silver prices for growth. - Discussion of the compet...
President, CEO & Director at Kuya Silver
Mr. Stein is the Founder of Kuya and President since 2017. Educated with a technical background in Geology and Engineering, Mr. Stein jumped into the capital markets very early in his career, in 2001, as a mining equities analyst for a prominent Canadian broker-dealer. More recently Mr. Stein was President and CEO of Aberdeen International, where he led various private equity and public company investment mandates.
Speaker 1: Good morning, good afternoon, Speaker 1: or good evening I suppose for some people as I think there are quite a few time zones represented today. Thank you for joining us on short notice for a market update from Kuya Silver. I've got here right now David Stein, President, CEO and Director of KUYA. We may be joined in the near future by Krishna Amaya, the COO Speaker 1: and Sheila McGowan, the CFO, Speaker 1: while David is running through a presentation. Here's how today's gonna work, just for the folks in the room. David is gonna go through a brief presentation. Speaker 1: Following that, there's some analysts on the call who are going to ask some brief questions. And if there are any questions from the live audience for you to take those, there's a chat button at the bottom of the screen. You can ask questions at any time. We'll try to get to as many as we can. We're aiming for a relatively short event today. So please do try to get your questions in early. I'll be more likely to seek them in. If for whatever reason I don't get your question, I'll make sure that the Clio team gets them afterwards and they'll be able to get back to you. Speaker 1: The only other thing I'll say is this event is being recorded, will be available for replay. You'll probably get it in the mid-morning Eastern time. That replay will be done. We'll come in at the same Speaker 1: URL that you've got here, but it will also be on Six's YouTube channel. Speaker 1: That's enough out of me. David, I'll let you get started with a presentation. Speaker 2: OK, thanks, Romeo. Speaker 2: And I think there's also the request meeting button too that you can Speaker 2: press and then we'll, we'll, Kouya will follow up with you after. Speaker 2: But let me share my screen. Speaker 2: Yeah. Spe...