Mining could commence in mid-’23 Long-term Viscaria assumptions unchanged Fair value of SEK 1.1-2.4 per share reiterated Working on completions to the Viscaria permit application As drilling efforts ramp up, capitalised expenditures for exploration rose to SEK 46m (ABGSCe SEK 42m), up from SEK 21m in Q2’21. Opex also increased, resulting in EBIT of SEK -5m (ABGSCe SEK -3m). During the quarter, Copperstone received clarification on the necessary completions required for its environmental permit application for the Viscaria mine (the initial application was submitted in March). As a reminder, requests for additional information are a normal part of the environmental permit process, and Copperstone has previously stated that these were expected. Moreover, the company reiterated its intention to provide a new mineral update towards the end of the year.
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