Intervju med Orezone

2019-04-2421:41

Orezone AB (publ) är ett svenskt prospekteringsbolag, listat på NGM Nordic MTF, som utför prospekteringsarbeten och innehar undersökningstillstånd över potentiella mineraliseringar. Bolagets affärskoncept är att erhålla rättigheter, utföra arbeten för att höja informationsnivån, och sälja objekten eller ingå samarbetsavtal med större bolag innan den kapitalkrävande gruvutvecklingsfasen.

orez

You were recently appointed new CEO from March 1st. Can you tell us a bit about yourself and your background?

In total I can look back to more than 25 years of professional experience in the mining and EPC (Engineering, Procurement and Construction) industry. For almost the last 10 years I have been leading a mining group in Africa as a CEO, where I had the responsibility for an overall budget in the upper double-digit million range (USD) and a work force of about 900 national and international employees aiming to increase the company’s development and profitability.

I hold a Doctorate in Law. I also graduated in Business and Industrial Psychology. Besides being a Spanish native speaker, I am fluent in English, German and Italian.

roberto

VD Roberto Garcia

Please give our readers an introduction to Orezone.

Up until recently the company was a junior Swedish exploration company with exploration licenses in Sweden. As of this spring we have however acquired Corcel Minerals S.L., which owns two assets in Spain. With this acquisition we have also refocused the company towards building a boutique mining company with a focus on battery metals.

Could you elaborate on Orezone's business model?

We are looking for interesting exploration mining projects, in different phases and jurisdictions, with commodities in battery metals to acquire, to develop and to bring these to full production projects.

Orezone is currently raising 26,4 MSEK in a rights issue. How are you going to use this money? 

The funds will be used for the exploration campaigns in the Corcel assets. This means geophysical, geochemical a drilling activities in Castriz during the next months. If everything looks fine at this point we can decide on how to proceed with building a fully operating mine in that area. Additionally, we will start with the first exploration activities in the other areas (Monte Castello and Monte Maior).

What are the main reasons for the acquisition of Corcel Minerals?

The project is ready to go: We have all the necessary licenses. The exploitation license is granted until 2068, which means we can do all needed activities - geophysics, geochemical and drilling – and we can do them immediately.

We have already started work on the ground, and it will be followed by a drilling campaign in the next months in order to re-confirm the historical data.

Could you make a brief walkthrough of Orezone's assets in Sweden?

We have seven exploration licenses in Sweden which are in an early stage. These are in different metals, eg: Cu, Ag, Au, Rare Earth…-. On these we will start exploration programs to analyze them deeper and to decide the next steps to be done.

uns

What are the biggest risks related to Orezone operations?

Some of the minerals are almost monopolized by a few countries worldwide, and therefore, the mineral prices could be a risk in case of a worldwide mineral crisis.

According to you, why is buying shares in Orezone a good investment?

We have a strong focus on battery metals, especially Co-Cu-Ni, where demand internationally in the next years is and will be growing continuously, since there are not enough minerals and mines that can supply the battery and EV market.

We are a mining company with an exploitation license ready, which means we can extract minerals and go into production. This means we are strategically positioned to start new projects on short term.

We are actively looking to diversify our asset portfolio with more projects in different phases and jurisdictions. We are not a one-project company.

What is your long-term vision for Orezone?

Orezone will be a boutique mining company with a focus on battery minerals. We will keep looking for interesting projects internationally, develop them further, and therefore become a known key player in the battery minerals industry – supplying the European market from European mines.

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Teckningspris: 7 SEK/aktie

Teckningsperiod: 18 april - 7 maj 2019

Erbjudandets storlek: 26,4 MSEK

Handelsplats: NGM Nordic MTF

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Ändrad 2024-11-13 07:42:23