Profitable Zinc-Lead-Silver Production From Honduras
October 25, 2017 10:36 am
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.
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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