The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Don DeMarco - National Bank Financial, Inc., Research Division - Analyst
: Thank you, operator. Good morning Michael and Steve, just continuing with the question from a previous call around La Colorada. So, the ventilation
upgrades will progress this year and into mid next year. And you mentioned that during this time, the reserves -- the grades will be below reserve
grade. My question is, will the upgrades also impact throughput?
Question: Don DeMarco - National Bank Financial, Inc., Research Division - Analyst
: Okay. Because remember, last year, we saw the throughput sort of ramping up. So, post completion of these upgrades in mid-2024, would we
expect them to see the mine running above reserve? And can you just remind us what that sort of throughput level or target is?
Question: Don DeMarco - National Bank Financial, Inc., Research Division - Analyst
: Okay. Now looking at Huaron, one of your lowest cost silver operations in the guidance this year, production remains buying close to 4 million
ounces silver. Now I see that there's going to be some spending on CapEx for dry stack tailings. It seems like a worthwhile investment. How many
extra years capacity does this represent?
Question: Don DeMarco - National Bank Financial, Inc., Research Division - Analyst
: Okay. And final question. So, the company's previously messaged intend to divest some of the assets to focus on a more concentrated portfolio.
Is this still the intention? And can you provide an update on what some of the priority targets might be?
Question: Don DeMarco - National Bank Financial, Inc., Research Division - Analyst
: Okay fair enough -- that's all for me. Congratulations, -- look forward to the financials in a few weeks.
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