Osino Resources Twin Hills Gold Project: PEA Presentation
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Tue, July 20, 2021 at 11:00 AMendedReplay
Investor webinar replay
Meeting Overview The meeting was a live investment summit for Aceno Resources, featuring a presentation by CEO Haya Dan. The discussion focused on the company's recent developments, particularly the Preliminary Economic Assessment (PEA) of their Twin Hills gold project in Namibia, followed by a Q&A session. Key Discussion Points - Introduction to Aceno Resources and its focus on gold exploration and development in Namibia. - Overview of the Twin Hills project and its significant discovery. - Financial metrics including market cap, share structure, and cash reserves. - Details of the PEA, highlighting its economic robustness, low technical risk, and production potential. - Discussion of the project's life of mine, production profile, and cost structure. - Insights on ongoing development studies and future de-risking efforts. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Continue monitoring the progress of the Twin Hills project and the PE...
The born and bred Namibian mining engineer has an impressive 25 year track record with top-tier companies across the mining value chain, and knows the African continent like the back of his hand. After building and operating mines with Rio Tinto, AngloGold-Ashanti and Gold Fields early in his career, he joined the finance sector working for Nedbank Capital and Old Mutual Investment Group.
Heye is the co-founder of the former Auryx Gold Corp. which advanced the Otjikoto gold project in Namibia until selling to B2 Gold Corp for US$160m in 2011. As the former President & CEO of Ecuador Gold & Copper Corp. (“EGXâ€), Heye was instrumental in the formation of Lumina Gold Corp. through the C$200m merger of EGX with Odin Mining, before founding Osino Resources in 2015 with Alan Friedman.
Replay transcript excerpt
Speaker 1: Hello, everyone, and welcome to Aceno Resources' Live Investment Summit today, hosted by 6. I'm joined today by Haya Dan, Aceno's CEO. Haya is going to walk us through his company presentation, and after which we'll move on to live Q&A session, where we'll be accepting and answering some questions. You can submit your questions using the Q&A panel found on the right hand side of your screen at any time during the presentation. As always, the summit is being recorded. It'll be available to watch afterwards on six.com. Speaker 1: Without further ado, Haya, I'm gonna hand it over to you. Speaker 2: Great, Cam, thank you very much, and thank you, 6. I believe we've got a large turnout here. Speaker 2: So I've got about Speaker 2: 17, 18 slides. I will try to race through them so that we leave enough time for Q&A because, Speaker 2: as I said, we have a lot of people on the call. Speaker 2: But before I do that, of course, you know, this presentation is going to be focused on RPA. Speaker 2: But just for those people who Speaker 2: don't know that much about the company yet, I'll just give a brief introduction. Speaker 2: So Sino Speaker 2: Resources is a gold Speaker 2: exploration and development company active in Namibia. Speaker 2: We recently, Speaker 2: about 2 years ago, made a very exciting discovery Speaker 2: called Twin Hills, which is being developed in leaps and bounds, and has now resulted in this PEA. Speaker 2: We've done something like this in Namibia before. We previously owned another project, which we ended up selling to Beach Gold, who Speaker 2: turned that very successfully into a very large project called Ochikoto. Speaker 2: And Osino really Speaker 2: is Speaker 2: our attempt to try and do that again. Speaker 2: I just point out to yo...