Mining Stock Daily Michael Konnert Comments on this Morning's Feasibility Study from Vizsla Silver
Nov 12, 2025
Michael Konnert, CEO of Vizsla Silver, shares insights on their recent Feasibility Study for the Panuco project, which showcases impressive financial metrics, including a staggering After-Tax NPV of $1.8 billion and an IRR of 111%. He highlights design choices that ensure profitability even in fluctuating metal prices. Konnert discusses expansion potential, reserves, and their robust team poised to transition from exploration to mine development, all while maintaining financial stability without any overhang.
AI Snips
Chapters
Transcript
Episode notes
Feasibility Study Exceeds Expectations
- Vizsla's feasibility study preserved key PEA metrics while improving NPV and IRR, driven partly by higher metal prices and conservative base-case pricing.
- Michael Konnert calls it an unprecedented economics outcome for a primary silver feasibility study.
Robustness To Metal Price Drops
- The project remains robust under severe price declines; a 50% drop in base-case metal prices still yields an IRR around 40–43%.
- Konnert argues profitability persists down to roughly $10/oz silver, showing strong downside protection.
Geology Drives Low-Cost Economics
- High grades, wide mining widths, and near-surface mineralization drive low costs and strong cash flows.
- Konnert highlights those geological factors as the core reason the project sustains margins across cycles.