SOTKAMO SILVER AB: UPDATED GUIDANCE FOR SILVER PRODUCTION IN 2022
Press release: Stockholm, October 18, 2022 12:00 CET Sotkamo Silver AB revises the estimate for silver production in 2022 due to the uncertainty and fluctuation of electricity price. The updated guidance is based on the silver production of 875 Koz until the end of the third quarter, and the updated production schedule for the fourth quarter. Company is prepared for adjusting its’ production during the periods of higher electricity prices to optimize cash flow. The Company estimates ca.15-45 % monthly plant downtime due to the high electricity price and adjusted periodic production