Investment proposition and strategy
Targeting large, high value deposits with an NSR >USD2billion
Why Pahtavaara?
- Permitted Pahtavaara mill – strategically located in the Central Lapland Greenstone Belt
- Prospective land package and proof of concept achieved with Area 1 discovery in May 2019
- Opportunity to upgrade the resource base at Pahtavaara mine and evaluate potential for restart
Why now?
- Multiple advanced exploration targets identified to be drilled in 2019 and 2020
- Strong and simplified balance sheet
- Key management team in place
- Primed for market engagement
Continuous focus on value creation and returns
- Realise hidden value
- Ensure investment is accretive to valuation
- Returns per share
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