Sotkamo Silver Ab · NGM:SOSI
Sotkamo Silver Ab — Q4 2020 Earnings Presentation
14 slides from Sotkamo Silver Ab's earnings presentation, Feb 17, 2021
Slide 1: Sotkamo Silver AB Q4/2020 Release Info
Sotkamo Silver AB Q4/2020 Release Info CEO Erkki Kuronen CFO Mikko Sopanen 17.2.2021 1
Slide 2: Agenda of today
Agenda of today • Operational Update CEO Erkki Kuronen • Financial Result of 2020 CFO Mikko Sopanen • Questions and Answers 2
Slide 3: Our Mission and Values
Our Mission and Values Our Mission ”Discover, Mine and Deliver – metals and value” We believe in being Responsible and Local 3
Slide 4: Project 700 – Mining continues until year 2030
Project 700 – Mining continues until year 2030 Project 700: 10 MEUR investment to increase life of mine (LOM) until 2030, expenditure in phases over a period of 5-7 years. The works include the core drilling and the development of the mine decline and infrastructure. Current LOM of the Silver Mine i
Slide 5: Core Drilling P700
Core Drilling P700 5
Slide 6: Mining
Mining 6
Slide 7: Quarterly Production and Grade
Quarterly Production and Grade 7
Slide 8: Environment
Environment • Strong local support and active collaboration with stakeholders. • Committed to: • Finnish Towards Sustainable Mining –standard (Network of Sustainable Mining). • Implement the management systems for Quality, Environment and Occupational Health and Safety. • Implement an Energy-Efficie
Slide 9: Project REX – creating opportunities
Project REX – creating opportunities Suomussalmi Regional Exploration and Development: • To develop an attractive and explorative portfolio of mineral assets, and • To discover new exploitable ore deposits in the Kuhmo West Kainuu region. Our homebase: Silver Mine Tipasjärvi Tipasjärvi Our vicinity:
Slide 10: Suomussalmi – a potential future supplier of nickel, copper and platinum group metals
Suomussalmi – a potential future supplier of nickel, copper and platinum group metals Ni Cu Co Pt Pd Sotkamo Silver has acquired the mining rights of the Classi- Million deposits in Suomussalmi. fication tons % % % g/t g/t Company will prepare and apply for the environmental Indicated 0.40 0.63 0.29
Slide 11: Published Year End 2020 (2019) results
Published Year End 2020 (2019) results FY2020 Q4 2020 • Net sales was 366 MSEK (197 MSEK) • Net sales was 78 MSEK (86 MSEK) • EBITDA was 73 MSEK (8 MSEK) • EBITDA was 7 MSEK (5 MSEK) • EBIT was -10 MSEK (-75 MSEK) • EBIT was -16 MSEK (-32 MSEK) • Milled tonnes were about 546 000 (343 000) • The prod
Slide 12: 2020 in a nutshell
2020 in a nutshell Q1 Q2 Q3 Q4 H1 H2 H2% FY FY% Revenue 91 67 130 78 158 208 366 EBITDA 8 0 58 7 8 65 31 % 73 20 % EBIT -11 -22 40 -16 -33 24 12 % -9 -2 % Silver koz. 391 406 433 349 797 782 1579 12
Slide 13: Pricing mechanism example
Pricing mechanism example • Illustrative pricing example for September 2020 production • Link to official market prices: http://www.lbma.org.uk/precious-metal- prices#/table Updated, corrected slide after the livestream 17.2.2021 13
Slide 14: Sotkamo Silver in Sweden / Finland
Sotkamo Silver in Sweden Sotkamo Silver AB Nybrogatan 34/Box 5216 SE-102 45 Stockholm Sotkamo Silver in Finland Sotkamo Silver Oy Hopeatie 20 FI-88600 SOTKAMO Telephone +358 44 733 2355 14