Q4 2017 and YE Bulletin 2017- Strong foundation for the future
(Correction to Q4 2017 and YE Bulletin published on 28 February 2018, EBITDA corrected to -5.9 MSEK in financial highlights)Q4 2017 (vs Q4-2016)Operational highlights · Gold production was 98.7 kg (109.8) · Milled ore was 39,692 tons (42,193) at head grade of 3.0 g/t (3.1) · Cash Cost was 1,264 USD/oz (1,060) · Updated mineral resource estimates were announced Financial highlights · Net Sales were 30.3 MSEK (37,2) · EBITDA was -5.9 MSEK (1.5) · Total cash flow was 1.8 MSEK (-16.9) · An impairment charge of 23.0 MSEK (56.5) on Pampalo assets was posted ·