Ceo Comments

CEO Comments, Q3 2019

Our team has worked hard these past few months after the production started, navigating in the challenges of mine commissioning. I am very excited that during September the Silver Mine moved into a phase where mining and processing rates are now fully utilized, generating positive EBIT for the quarter. This is a significant milestone for any mining project.

I appreciate the work done by our entire team during the production start. We reached the full production capacity in the concentrating plant and the mine already during the Q3 period, which is in line with the production target. Positive EBIT soon after the outset of production is an excellent achievement. At the same time, our direct deliveries to smelters enable us to secure fast and agile deliveries and cash-flow from sales.

CEO Timo Lindborg