Botnia Gold AB (publ) (BOTX) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hej, Fredrik Bergsten heter jag, vd för Botnia Exploration som idag kom med sin rapport för första kvartalet. Jag tänkte på den här presentationen få komma med lite ytterligare och fördjupad information kring det gångna kvartalet och lite grann om vad som händer för oss i framtiden. The agenda, as you can see here, together with a nice aerial image of our nice little mine, says that we should first look at some important events during Q1, and that is partly a repetition of some information that we left in connection with the fact that we presented the quarterly report for the fourth quarter and the book closing communique in February. But it is still information that has happened during the first quarter. Then I will talk a little bit about our production situation for the first quarter and a little bit about the expectations for the rest of 2005. Then we will actually look a little bit at the financial result of the position for the quarter. If we start with the important events during the quarter, the most important event for us was that we got a new updated block model. In this picture you can see our old block model on the left and the new one on the right. The biggest thing with it is that we have been able to take in more information, which has meant that we have been able to add this area marked with yellow as a reserve in our plans, which adds up to another three to four quarters of the production time. What we have added here is that we have converted what was previously a mineral supply now to be a mineral reserve. And the incoming information also means that the tonnage has increased a little bit and the halting has increased a little bit. Then the other thing that has been done is that we have in that reserve, now we are counting with a higher gold price ...