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Re: NYBob post# 889

Friday, 03/05/2021 11:37:18 AM

Friday, March 05, 2021 11:37:18 AM

Post# of 928
$ironyman thanks; Great Panther Silver, Ltd. (GPL)(GPR:TSE) Webcasts; The Company will
host a conference call and webcast on
Thursday, March 4, 2021, at 9:00 AM PT/12:00 PM ET. Shareholders,
analysts, investors and media are invited to join by logging in or
calling in five minutes prior to the start time.


https://www.greatpanther.com/investors/webcasts/

Webcast: Webcast Registration
Canada/USA TF:
1 800 319 4610
International Toll:
+1 604 638 5340
Scroll to the right to see the table data.

A replay of the webcast will be available approximately one hour after
the conference call.
Audio replay will be available until April 4, 2021, by calling the
numbers below using the replay access code 6298.

Canada/USA TF:
1 800 319 6413
International Toll:
+1 604 638 9010
Replay Access Code: 6298
Scroll to the right to see the table data.

Replay of previous Great Panther

$Great Panther Reports Fiscal Year 2020 Financial Results
Delivers record cash flow from operations, substantial operational
improvements and reduced costs

TSX: GPR | NYSE American: GPL


https://www.greatpanther.com/news-media/news/great-panther-reports-fiscal-year-2020-financial-results

(All dollar amounts expressed in US dollars unless otherwise noted)

VANCOUVER, BC , March 4, 2021 /CNW/ -

$Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL) ("Great
Panther" or the "Company") today reports consolidated financial results
for the year ended December 31, 2020 ("FY 2020") from its three wholly
owned mines:
Tucano Gold Mines in Brazil , and
Topia Silver Mine and the
Guanajuato Silver Mine
Complex ("GMC") in Mexico.

"For 2020, Great Panther delivered record mine operating earnings of
$84 million ( $0.24 per share),

significantly strengthening the balance sheet, and successfully added
reserves and resources through our result-driven exploration programs,"
stated Rob Henderson , President and CEO.

"Our teams did a tremendous job of managing the challenges of COVID-19,
while reducing consolidated AISC, delivering on guidance, successfully
extending the open pit mine life at Tucano, and expanding resources at
GMC.


$With $63 million in cash and the expectation for continued strong cash
flow from operations, we are fully funded for our capital programs and
our ambitious 2021 exploration programs."

$For Quarter ("Q4") 2020 Financial Highlights

$Mine operating earnings of $22.1 million ( $0.06 per share)

Net income of $13.6 million ( $0.04 per share)

Cash flow from operating activities of $18.0 million –
an increase of 131% over Q4 2019

23% reduction in consolidated all-in-sustaining costs ("AISC") 1 over
the fourth quarter of 2019

Reduced debt by $13.5 million and ended the year with $63.4 million in
cash
FY 2020 Financial Highlights

Record mine operating earnings of $83.9 million ( $0.24 per share)

Record adjusted EBITDA 1 of $98.0 million ( $0.28 per share)

Record cash flow from operating activities of $68.9 million ( $0.20 per
share)

Reduced consolidated AISC (excluding corporate G&A) by 11% to $1,228 per
gold ounce (oz) sold


_______________________

1

Throughout this news release and the accompanying MD&A,
Great Panther has included the non-GAAP performance measures cost per
tonne milled, cash costs per gold oz sold, cash costs per payable
silver oz, AISC per gold oz sold excluding corporate G&A expenditures,

AISC per gold oz sold, AISC per payable silver oz, free cash-flow, mine
operating earnings before non-cash items, cost of sales before non-cash
items, adjusted EBITDA, and adjusted net loss and free-cash flow.

Refer to the Non-GAAP Measures section of the Company's MD&A for an
explanation of these measures and reconciliation to the Company's
financial results reported in accordance with IFRS.

As these are not standardized measures, they may not be directly
comparable to similarly titled measures used by others and should not
be considered in isolation or as a substitute for measures of
performance prepared in accordance with IFRS.

Scroll to the right to see the table data.

$FY 2020 Operational Highlights

Achieved production guidance and increased overall gold equivalent
production to 150,051 oz

Extended the open pit mine life at Tucano and added significant
resources at GMC

Published inaugural Sustainability Report "Mining for Good"
Achieved agreement with Nyrstar to extend bond funding for
Coricancha
Developed and implemented enhanced safety protocols and safeguards in
response to COVID-19

Bolstered management and governance through the appointment of a new,
operations-focused CEO, strengthened Board of Directors and fit-for-
purpose management team
Summary of Select Financial Results

Record mine operating earnings of $83.9 million for 2020, representing
an increase of $77 million ,
were achieved through successful execution of operational plans and
guidance, reduced costs and the benefit of higher average realized gold
and silver prices, which increased to $1,785 and $21.28 for 2020 from
$1,419 and $16.45 for 2019, respectively.

After accounting for G&A and exploration, evaluation and development
expenditures, operating earnings for FY 2020 were $57.0 million .

Net earnings were break-even after accounting for interest and financing
charges and foreign exchange and derivative losses.

The latter relates to forward contracts on the Brazilian real entered
into in late 2019 and early 2020 to gain better certainty on
Brazilian real operating and capital costs at a time of significantly
lower gold prices and no further currency hedges have been entered
into.

The foreign exchange losses are primarily non-cash and relate mainly to
the translation of foreign currency-denominated borrowings and net
working capital into the BRL functional currency of the Company's
operations in Brazil .


COVID-19 Response

Great Panther has developed and implemented robust COVID-19 prevention,
monitoring and response plans following the guidelines of the World
Health Organization and the regulatory agencies of each country in
which it operates to ensure a safe work environment. These plans
include mandatory medical screening and testing on arrival at site,
requirements to report infection or contact with those infected,
restrictions on international travel and any non-essential domestic
travel, alternative work arrangements, hygiene precautions and physical
distancing practices, among others. Specific areas have been prepared
for the isolation, testing and care of employees showing COVID-19
symptoms. Increased cleaning and sanitizing procedures have been
introduced, especially for frequently visited areas. Training campaigns
to educate all employees and contractors, their families and local
communities on preventive measures and hygiene best practices continue
regularly.

Additional information regarding Great Panther's COVID-19 response plan,
preventive measures taken to date and the potential impact on
operations are available in the FY 2020 Management's Discussion and
Analysis ("MD&A"), available on the Company's website at

http://www.greatpanther.com

and on SEDAR at www.sedar.com .


Operational Highlights;


https://www.greatpanther.com/news-media/news/great-panther-reports-fiscal-year-2020-financial-results

$GPL is way undervalued and heading to multi dollars the financial
forecasts to be released soon!!


Will Silver investors take delivery on the COMEX this week: w/David Smith





https://www.youtube.com/watch?v=jtXL64TRV8c


Gold and silver still have a long way to go -
Peter Hug



https://www.youtube.com/watch?v=EDsyaeBGzoc





https://www.youtube.com/watch?v=VquaSx2kor0

https://www.barchart.com/stocks/quotes/GPL/opinion

$Gold next after Silver front runner -

DD MMTMF / MMY its also a gold & silver mines bargain - smile)

https://investorshub.advfn.com/Monument-Mining-Ltd-MMTMF-20464/

TIA! smile)


In GOD We Trust - Real Money -







https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA


My opinions are my own and and DD I post should be confirmed as unbiased

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