Mohamed Sidibe
Analyst, National Bank
Replay available
Fortuna Mining Corp (NYSE: FSM) Q3 2025 earnings conference call, held 2025-11-06. Replay captured from the company's public earnings webcast.

Analyst, National Bank
Chief Operating Officer, West Africa
Director of Investor Relations
President and Chief Executive Officer
Chief Operating Officer, LATAM
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WEBVTT 00:00:00.031 -- 00:00:05.296 As a result, our liquidity position at the end of the quarter stands at a solid 00:00:05.296 -- 00:00:11.603 $588 million, with a growing net cash position of $266 00:00:11.603 -- 00:00:13.465 million. 00:00:13.465 -- 00:00:18.730 This enables us to accelerate our pursuit of multiple high-value opportunities 00:00:18.730 -- 00:00:24.336 in the asset portfolio across different stages of the project lifecycle. 00:00:24.336 -- 00:00:29.564 In Cote d'Ivoire, at Seguela, our flagship mine, We are expanding the life 00:00:29.564 -- 00:00:34.774 of mine and boosting annual gold output through exploration success at the Sandberg 00:00:34.774 -- 00:00:37.239 and Kingfisher deposits. 00:00:37.239 -- 00:00:42.569 In Senegal, our pre-development stage, the AMBASUD project boasts 00:00:42.569 -- 00:00:46.997 strong economics, advancing towards a construction decision 00:00:46.997 -- 00:00:49.762 in the first half of next year. 00:00:49.762 -- 00:00:54.879 In Salta, Argentina, We're excited to drill for gold at one of the 00:00:54.879 -- 00:01:00.208 largest untested high-level epithermal anomalies in the north of the country. 00:01:00.208 -- 00:01:05.256 The Cerro Lindo project, held privately for years, now offers us an 00:01:05.256 -- 00:01:08.478 exciting exploration opportunity. 00:01:08.621 -- 00:01:13.990 Our strategic investments announced this year in Awale Resources and JV 00:01:13.990 -- 00:01:19.245 with Desoto Resources position us with exciting gold prospects 00:01:19.245 -- 00:01:24.650 on both the Ivorian and Guinean sides of the prolific Sigiri Bay Basin, 00:01:24.650 -- 00:01:27.633 which straddles these two countries. 00:01:27.633 -- 00:01:32.758 And we continue advancing a pipeline of early stage projects 00:01:32.758 -- 00:0...