Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Morning Review
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
    • Insider Transactions
  • inderesTV
  • Portfolio
  • Forum
  • Premium
  • Femme
  • Learn
    • Investing School
    • Q&A
    • Analysis School
  • About Us
    • Our Coverage
    • Team
Third party research

Copperstone Resources: Several milestones on the horizon - ABG

Viscaria

This is a third party research report and does not necessarily reflect our views or values

Download report (PDF)
Upcoming resource upgrade, list change, and permit hearing
Decision on permit expected to come in Mar-Apr 2024
Viscaria estimated full run-rate EBITDA of SEK 1.4bn


Permit hearing in Feb '24 and resource upgrade after year-end

Copperstone reported Q3 EBIT of SEK -8m (ABGSCe -16m), with capitalised expenses for exploration slowing compared to Q2 (SEK 60m vs. 85m in Q2), although it still shows continued active drilling efforts, as the company readies for its next mineral resource upgrade "shortly after the end of the year". Apart from the resource upgrade, which will come as a part of a pre-feasibility study, there are several important milestones on the horizon for Copperstone, namely a listing switch to the Stockholm Stock Exchange "around the turn of the year", and the main hearing for its environmental permit application for the Viscaria mine in February 2024.
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • Instagram
  • X (Twitter)
  • Tiktok
  • Linkedin
Get in touch
  • info@inderes.fi
  • +358 10 219 4690
  • Porkkalankatu 5
    00180 Helsinki
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.