Auriant Mining: Improved performance

Auriant Mining delivered a positive EBITDA result for Q3’12 and adjusted for inventory losses the operating result was also positive. After the quarter the company has refinanced loans which will better Auriant’s financial position. The positive operational development and the Q3 numbers confirm our expectations of a continued improvement going forward. Redeye has increased Rating of Management and Potential Reward. The stronger than expected Q3 result has led to a higher fair value of SEK 25.4 per share.

HA

BD

Hjalmar Ahlberg

Billy Degerfeldt

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