Gruvaktiebolaget Viscaria (VISC) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Warmly welcome everybody to Kiruna and to the Q4 2025 presentation of Viscaria. 2025 has proven to be another extremely eventful year and we are looking forward to another couple of eventful years. So, of course, the highlight for 2025 was when our environmental permit gained full legal force on April 16. A long journey, some five years since we kicked off, and a tremendous relief to have everything, all permits in place. That was followed up that we released our feasibility study on May 8th and also a significant resource upgrade. And after that release, we can immediately start the work with our debt financing. And later on this year, we could show the market that we have assigned Sockyen and ING to be our mandated lead arrangers for a debt financing package. It's also fantastic to continue to tell our investors every quarter that a thrilling exploration program continues to give successful results and more of that later. And in the autumn we concluded two new issues, one directed And one rights issue oversubscribed both of them, which contributed with some one and a half billion Swedish krona in cash. And we have continued with all the infrastructure work at site. We are today approximately 300 people on site. Some of them work seven days a week. So a lot of things are happening. We inaugurated the water treatment plant in October. And also later on, we could sign our first long lead item agreement. And that was the mill agreement with Metso. And in December, we signed our first off-take agreement with the smelter in Hamburg, Arubis, a successful agreement. Our deposit continues to deliver significant qualitative growth upsides. In this quarter, we have been able to disclose then a mineralization intersected in the B zone, some 76 meters with 0.99% copper and 1.37...