Markets closed for Family Day — but the deal flow didn’t slow down. This episode rips through serious mining setups: A 10Moz Brazilian gold asset with construction permits in hand A 50,000m drill program backed by a major JV partner A 70-year mine life monster with $21B NAV at spot And a $450M silver company restarting production targeting 3Moz/year We break down real numbers: capex, IRR, payback periods, NAV math, free-carry structures, warrant overhangs, and what actually matters when valuing these assets. Guest Greg McKenzie, CEO of Silver Storm Mining Ltd., walks through: Restarting La Parrilla in Durango 3Moz silver-equivalent production target $30M+ cash, no debt 400Moz silver-equivalent exploration upside Strategy for capital allocation post-production Timestamps 00:00 – Markets closed, volatility back, and why deal flow hasn’t slowed 05:03 – 10Moz Brazilian gold asset, construction permits, $665M NAV at $1,200 gold 09:07 – 50,000m drill program + $85M JV spend for 60% (free carry math explained) 11:18 – 70-year mine life, $21B NAV, 9-year payback — how do you value this? 15:19 – Guest: Greg McKenzie on restarting La Parrilla (3Moz/year target) 29:15 – 400Moz silver-equivalent exploration upside & capital allocation strategy SOUTHERN CROSS GOLD CONSOLIDATED LTD - $SXGC BELO SUN MINING CORP. - BSX Westhaven Gold Corp. - WHN LUNDIN GOLD INC. - LUG LUNDIN MINING CORPORATION - LUN Mogotes Metals Inc. - MOG NGEX MINERALS LTD. - NGEX Silver Storm Mining Ltd. - SVRS FIRST MAJESTIC SILVER CORP. - AG -------------------------------------- This podcast does not provide any investment, financial, economic, legal, accounting, or tax related advice or recommendations. The content in this podcast is not intended to amount to advice on which you should rely. You must obtain more specific or professional advice before taking, or refraining from, any action or inaction on the basis of the contents of this podcast. The information contained in this podcast does not constitute an offer to buy or sell securities or any other product and should not be relied upon to evaluate any potential transaction. The views and opinions expressed in this podcast are not necessarily those of EarthLabs Inc. ("EarthLabs") and its respective directors, employees, officers, agents, shareholders, or affiliates. EarthLabs is not providing any investment, financial, economic, legal, accounting, or tax related advice or recommendations in this podcast. EarthLabs makes no representations, warranties, or guarantees, whether express or implied, that the content in this podcast is accurate, complete, or up to date. Any and all liability is expressly disclaimed, and EarthLabs has no responsibility or liability whatsoever for the use of this podcast. This podcast may include content provided by third parties. All statements and/or opinions expressed by third parties are solely the opinions and the responsibility of the person or entity providing those materials. Such materials do not necessarily reflect the opinion of EarthLabs. This podcast should not be copied, distributed, published, or reproduced, in whole or in part without the express written consent of EarthLabs.EarthLabs, its affiliates and/or their respective directors, officers, employees and agents may, from time to time, buy and sell or otherwise effect transactions involving the securities of issuers which are featured or referenced in this podcast. Accordingly, EarthLabs, its affiliates and/or their respective directors, officers, employees and agents may realize significant gains or losses as a result of any variation in the price of the securities of any such issuers. EarthLabs does not endorse or accept any liability for any investment in any issuer referenced in this podcast and expressly advises listeners to rely solely on their own counsel, accountants, and other similar expert advisors for legal, accounting, tax, investment and other similar advice.
