Excellon Resources: Fully Permitted Silver Restart, Tiny Inventory, and a $70M FCF Claim With No PEA

In this episode of deep dive, we discuss Excellon Resources (TSXV: EXN), a company that has restarted Peru’s past-producing Mallay silver-lead-zinc mine and already made first concentrate without a PEA, reserves, or commercial production. We check the 12.01Moz indicated AgEq resource, 600tpd plant, share count, Sprott stake, and the $70M FCF claim, then add the September 21 drill hits below Level 4090, including 495 g/t AgEq. Not financial advice, view the full video to know more.

Presentation slides:

Full written analysis at the original article here: 

https://www.rocketeller.com/excellon-resources-restarted-a-115m-silver-mine-with-no-feasibility-study-first-concentrate-is-already-out-the-problems/