Amaroq Ltd (AMRQ) Q3 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

All right, good morning, everyone, and welcome to Amarok Minerals Q3 2024 results presentation. On this call with me today, you've got Eldar Olafsson, Amarok CEO, and Elit Arnasan, CFO. The presenters will walk through the presentation, and then after the call, we're happy to address any questions you might have. You should be able to submit written questions using the Q&A panel, and you should be able to submit these at any time during the call. So I hope that answers any questions, and I will hand over to Erlef Arnason to open the call. Thank you, Alfie. Good morning, everybody. It's a pleasure to be with you all here. I will be walking through this relatively short presentation together with Erlef Arnason, our CFO, today. And I'll kind of give you a little bit of background, but then we'll go into the actual quarter and give some feedback to also what is happening going forward with the company. So I'll start here. Actually, on this first picture, what you can see here is our new processing plant that has been built and enclosed and is effectively ready. So I will just go on through here. Right. Just as I started here. So we have now followed our strategy for the past few years. with these four sectors, which is development, mining, exploration, logistics, servicing, and energy. We've now built our first mine. Ninety-eight, nine percent of our focus has been to build the Nalnak mine. So the processing plant, phase one, is ready. It's being tested. The mining is has been ongoing since May, and we've been stockpiling ore, and we've been ramping up development and mining, which we'll go through a little bit later in the presentation. The focus here with this asset is to not only mine and ramp up production, but also grow the resources within Nanomag. And for the past...