Today we announced our H1 2024 Results 🗣 Our CEO, @Martin Horgan said: “Our focus on operating performance has enabled us to take advantage of stronger gold prices to deliver improved EBITDA and a significant increase in free cash flow. Looking ahead to H2 2024, the commencement of the grid connection project will build on our recent success in taking costs out of the business, with commissioning due in H1 2025. At the same time, we are advancing the organic growth opportunities within our portfolio. The completion of the DFS at Doropo shows a very robust project; we are now well positioned to apply for a mining licence which we expect should be granted by the end of 2024, ahead of a final investment decision. Meanwhile, we are aggressively following up on the recent success at our Eastern Desert Exploration (“EDX”) project with the continued drill out of the Little Sukari discovery.” 👀 Announcement: https://loom.ly/utHEbtA 📺 Webcast recording: https://loom.ly/8yj6qn8 #Gold #Mining #Egypt #CoteDIvoire #Growth
Great Job, All of best with H2 !
Keep growing! Well done Sukari Team 👌
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