Clear Commodity Network Clear Commodity Network
  • Home
  • Metals
  • Energy
  • Agriculture
  • Podcasts
  • Playlists
  • Prices
Clear Commodity Network Clear Commodity Network Clear Commodity Network Clear Commodity Network
  • Home
  • Metals
  • Energy
  • Agriculture
  • Podcasts
  • Playlists
  • Prices
Cover for Heliostar Metals - The Transition To A Cash Flow Producer

Heliostar Metals - The Transition To A Cash Flow Producer

March 02, 2025
  • Company
KEReport
By KEReport
KEReport

Charles Funk, President and CEO of Heliostar Metals (TSX.V:HSTR - OTCQX:HSTXF - FRA: RGG1) joins us to discuss the Company's recent Q4 financial results, focusing on the transition into a gold-producing company with cash flow from operations. Highlights of the financial performance include generating over $9 million in cash from production and growing their cash position to $7.7 million. Additionally, we discuss plans for increased production and lower costs in 2025. 

The conversation also covers repayment of the Company's significant debt, acquired during asset purchases including the Mexican assets from Florida Canyon Gold. 

Alongside these financial updates, we delve into drill results from the Ana Paula Project, showcasing some high grade hits that highlight the potential of this flagship project. 

Looking ahead, Charles outlines production goals, including doubling gold production to 30,000-40,000 ounces by 2025, and further expanding operations into 2026 and 2027. We also address future cost management, aiming to bring down the All-In Sustaining Cost (AISC) while maximizing cash flow.

Please email me at Fleck@kereport.com with any follow up questions for Charles. 

Click here to visit the Heliostar Metals website to learn more about the Company.

1,2,3,4,5 - Certain additional disclosures for these specified financial measures have been incorporated by reference and can be found in the Company’s MD&A for Q4 2024, available on SEDAR+.

KEReport
KEReport
The KE Report provides exclusive interviews with private money managers and sub $10 billion market cap companies. Interviews are published daily to help investors navigate the markets.
View all podcast by KEReport

Subscribe for Clear Insights

Freshly dropped news & interviews delivered to your inbox daily.
Please review our Disclaimer and Privacy Policy.

More Clear Commentary:

Cover for Guanajuato Silver – Solid Q1 2025 Financials And US$4.8M In Positive Mine Operating Income Demonstrate That The Company Is At Strong Inflection Point

Guanajuato Silver – Solid Q1 2025 Financials And US$4.8M In Positive Mine Operating Income Demonstrate That The Company Is At Strong Inflection Point

Cover for Elemental Altus Royalties Q1 Commentary and Royalty Acquisition Outlook

Elemental Altus Royalties Q1 Commentary and Royalty Acquisition Outlook

Cover for Radisson Expands Drill Program at O'Brien with Results Imminent

Radisson Expands Drill Program at O'Brien with Results Imminent

Cover for Guardian Metal Resources – Exploring And Developing 2 Tungsten And Critical Minerals Projects In Nevada

Guardian Metal Resources – Exploring And Developing 2 Tungsten And Critical Minerals Projects In Nevada

Cover for Erik Wetterling - Value Proposition In Heliostar Metals, Amex Exploration, and Blackrock Silver

Erik Wetterling - Value Proposition In Heliostar Metals, Amex Exploration, and Blackrock Silver

Cover for New Gold Explorer in the Abitibi | Harvest Gold CEO Interview

New Gold Explorer in the Abitibi | Harvest Gold CEO Interview

  • Tweet
  • Share
  • Share
  • Share
  • Share
  • Share
  • Tweet
  • Share
  • Share
  • Share
  • Share
  • Share