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Endomines - Production guidance update not yet given

Endomines’ revenue and EBITDA in Q2 amounted to SEK 1.4m (Evli 0.0m) and SEK –9.3m (Evli -15.0m) respectively. There was no gold concentrate production during Q2. Endomines did not give an updated production guidance for Q2.
  • Endomines did not produce any gold concentrate in Q2.
  • Revenue amounted to SEK 1.4m (42.1m in Q2/18), while we had not estimated any revenue for Q2. The Q2 revenue derived from clean-up gold from the Pampalo mill.
  • EBITDA in Q2 was at SEK -9.3m, above our estimate or SEK -15.0m.
  • Construction of the Mill was ongoing and developmental drifting at the Friday Mine was the focus for Q2.
  • Endomines did not give an updated production guidance for 2019. A production plan is being worked on based on the results of the drilling campaign and test mining as well as the commissioning of the plant and an updated guidance will be given once completed.

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