Akobo Minerals Ab (AKOBF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Akobo Minerals fourth quarter presentation. I will take you through the latest developments both from the quarter and also into 2026. So let's dive right into it. Latest key information. This is for end February, a lot of it. But first of all, of course, we're delivering the strongest quarter ever. It's a considerable development for the company with strong revenue of $3,200,000 and the second consecutive quarter with a positive EBITDA of $1,400,000 You can see from the production in Q4, we had a good increase up to 21.5 kilos produced and exceptional grades, 22.2 gram per tonne. As we will see a bit later, this is way above industry average. Looking into 2026, we have done the January February production. We're about 15.5 kilos divided by eight and seven point five kilo per month. And as you can see, the grades are even better, up to 25 gram per tonne in average. So it means that we're following and delivering on what has been part of the resource estimates that we're looking at an average of 22.7 gram per tonne overall. So we're well into that model. Just an estimate for the JanuaryFebruary production, around $2,500,000 Of course, that's at a $5,000 per ounce price. We know there is a lot of volatility these days, both in the market in general, and that also reflects on the gold price. So we will report, of course, once we have sold it and what we get from the National Bank and also further from our export that will happen soon. We also have an additional stockpile that will be used to balance the processing plant. It's about 500 tonnes at 20 gram per tonne, that's an estimate. So there's a buffer there, about $1,600,000 at the current gold price levels. We have a very strong cash and gold ore balance these days. At the end of February, ...