Investment preposition and strategy

Rupert thinks about its investment process in THREE key stages:

1.

Asset
Selection

  • Finland – low political risk, security of tenure, highly skilled workforce
  • Bottom of cycle acquisition
  • Near term production potential from established mine
  • Low operating and capital costs

2. 

Project Development

  • Increasing resources through in mine exploration
  • Cost reduction – implement improved grade control
  • Optimise mining methods and process recovery
  • Utilise the latest smart mine technology

3.

Growth
& Returns

  • Demonstrate hidden value of poorly understood assets
  • Ensure investment is accretive to valuation
  • Maximise returns per share over all other metrics
  • Good companies grow AND pay dividends

Rupert plans to progress its Pahtavaara Project in the following steps:

Pahtavaara start-up 35koz/a and 5 year reserve

Establish FIVE ore zones, implement new grade control practices

Commission plant and achieve historical recoveries of 80-90%

 

Increase gold production and reduce costs

Improved geological understanding + grade control = higher grade

More selective mining and improved planning

 

Target 100koz with industry leading margins

Continuous focus on adding economic ounces in and near the mine

Regional exploration success on very prospective land package

Page last updated on: Jun 22, 2017 @ 9:47 am