Kopy Goldfields Q3 21 Earnings Preview - The record-high quarter of the year 2021 with a positive FCF
-Seasonal output hike at placers to set the tone for the strongest quarter of the year-Doubling top line and EBITDA qoq alongside net income turning black in Q3 2021e
-Positive FCF despite a WC buildup and expected higher capex qoq at the end of the day
Kopy Goldfield is a gold exploration company. Co. is an exploration company and has not yet started extraction of gold as the projects have not yet reached prodcution phase. Co. is the owner of fifteen licenses in and around the Lena Goldfield in the Bodaibo district in the Russian region of Irkutsk. Co. focuses on the Artemovsky district of Lena Goldfields, which is the target exploration area with 20 million ounces of historic alluvial gold production.
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