Key points
- Underlying EBITDA was NOK -2.5 million, compared with NOK -2.4 million in the prior-year quarter.
- On 9 January the Norwegian Parliament voted 80-20 to open the Norwegian sector for mineral activities.
- Two major discoveries were reported in the Norwegian sector during the quarter, confirming two different play models.
- Green Minerals signed an extension to its MoU on a large nodule licence in the CCZ.
Oslo, Norway – 22 February 2024 – Green Minerals AS (“the Company”) announced today results for the fourth quarter of 2023 which ended 31 December 2023.
Q4 HIGHLIGHTS:
- Underlying EBITDA of NOK -2.5 million (NOK -2.4 million prior year quarter)
- On January 9th, the Norwegian Parliament decided to open the Norwegian sector for mineral activities by an 80-20 majority vote
- Two major discoveries were reported during the quarter in the Norwegian sector. Confirms two different play models
- Green Minerals signed an extension to the MoU on a large nodule license in CCZ
- Final results from processing studies at GTK (Finland) confirm blendability between SMS and onshore copper ore
Please find the presentation attached.
AUDIOCAST INFORMATION:
Date: 22 February 2024
Time: 10:00 CEST
Link: https://msteams.link/AWS6
There will be a Q&A session at the end of the presentation, and written questions can be submitted through the audiocast solution. To join the live audiocast, follow the link above. Please note that a recorded version will be available shortly after the presentation.
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