Business Context and Reporting Period
Company: Silver Wheaton Corp. (TSX, AMEX: SLW)
Filing Date: July 14, 2005
Reporting Period: Second Quarter 2005 (Results scheduled for release July 26, 2005)
Business Model: The company states it is the only mining company with 100% of its revenue derived from silver production.
Key Financial Metrics
The filing is a press release announcing the upcoming release of financial results and does not contain specific numerical data for the current period.
- Revenue, Profit, Cash Flow, Margins: Not provided in this text; results are pending release on July 26, 2005.
- Debt: The company describes itself as debt-free.
- Liquidity/Hedging: The company states it is unhedged.
Material Changes
No material changes versus prior periods are detailed in this announcement as the comparative financial data has not yet been released.
Guidance, Outlook, and Management Commentary
Outlook: Management characterizes the company as "well positioned for further growth."
Events: A conference call to discuss the second-quarter results is scheduled for Wednesday, July 27, 2005, at 11:00 am ET. A live and archived webcast will be available on the company website.
Investor Verification Checklist
- Verify the actual second-quarter 2005 financial results upon their release on July 26, 2005.
- Confirm the "debt-free" status in the upcoming audited or reviewed financial statements.
- Review the conference call transcript on July 27, 2005, for specific commentary on silver production volumes and pricing impacts.
- Check for any updates on the company's growth strategy mentioned in the "well positioned" commentary.