Akobo Minerals Ab (AKOBF) Q1 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:06.738 Good morning and welcome to the first quarter presentation for Acobo Minerals. 00:00:06.738 -- 00:00:12.024 We are sending out of Addis Ababa today. The 00:00:12.024 -- 00:00:15.568 weather is fine so far. It is rainy season down here. 00:00:15.568 -- 00:00:20.213 So I hope the internet will be with us all the time. 00:00:20.213 -- 00:00:25.598 If not, you'll have to bear with me. So I will take you through the 00:00:25.598 -- 00:00:31.042 update on my own this time. And we'll just start with the short 00:00:31.042 -- 00:00:33.787 summary of Akobo Minerals, 00:00:33.787 -- 00:00:39.197 an Ethiopian gold producer. We've been operating in Ethiopia for 15 years. 00:00:39.197 -- 00:00:42.844 We have a mining and an exploration license. 00:00:42.844 -- 00:00:47.893 You can see on the map that we're located close to the border of 00:00:47.893 -- 00:00:52.208 South Sudan in the southwestern part of Ethiopia. 00:00:52.208 -- 00:00:57.793 We're listed on the Euronext Growth in Oslo, and we have started commercial mining 00:00:57.793 -- 00:01:02.938 of our Segele mine. You can see some of the results here 00:01:02.938 -- 00:01:08.363 on the right hand side. Some very nice, very high grade gold 00:01:08.363 -- 00:01:11.944 coming out of the shaking table. 00:01:12.406 -- 00:01:14.288 This is not 00:01:14.288 -- 00:01:16.770 often seen, so 00:01:16.770 -- 00:01:22.685 this is extremely exciting when we get this out of a shaking table. 00:01:22.685 -- 00:01:27.733 so as you can see from the text here this is part of 00:01:27.733 -- 00:01:32.338 the mineral resource of the 69 000 ounces 00:01:32.461 -- 00:01:36.648 where the indicated part of 41 000 ounces 00:01:36.648 -- 00:01:41.877 has an average of 40.6 gram per ton and that's close to 00:01...