Profitable Zinc-Lead-Silver Production From Honduras
04:32 MIN
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Ascendant bought in fall 2016 the El Mochito mine from Nyrstar and turned it immediately around with already positive EBITDA in July and August 2017. The company expects from Q4-2017 on-wards positive free cash flow and to be profitable in 2018. Future production is planned with 90 Mio. pounds Zinc equivalent. Jochen Staiger, CEO & Founder, Swiss Resource Capital AG.
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