Record Gold Revenue for Nevada Mine, But Can They Turn it into FCF? | Borealis Mining CEO Interview
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Timestamps:00:00:00 Chapters00:00:12 Very Important Warning00:01:03 Borealis Mining Company Overview00:04:11 What has Borealis done for shareholders lately?00:05:31 Why is the stock down?00:07:55 Will the CEO buy more shares now?00:09:13 How can Borealis fix the stock price?00:12:02 How much cash, and any raise coming?00:13:24 Is Borealis leaning toward a merger of equals?00:14:10 What will Borealis spend its cash on?00:15:04 Why a record quarter, and is it sustainable?00:16:43 What were the major cash outflows this quarter?00:18:23 How far is Borealis from free cash flow?00:19:01 What was the average realized gold price?00:21:19 What was the strip ratio this quarter?00:22:20 Is that grade sustainable going forward?00:23:31 Did the gold come from mining or inventory?00:24:20 Does Borealis report its inventory levels?00:24:29 What is Borealis's inventory strategy going forward?00:25:26 What happened with the gold sales correction?00:27:29 What is the current crushing and stacking capacity?00:28:15 Is any capex needed for sustained throughput?00:29:26 When will Borealis reach 2,000-plus tonnes per day?00:29:42 Is the improved crushing rate this quarter or next?00:30:12 Where is the margin compression coming from?00:32:10 Will the cost and efficiency setup change?00:34:09 How does Borealis keep its people motivated?00:35:46 Why aren't production costs in the quarterly reports?00:37:39 Has the rock-to-recovery process changed in efficiency?00:39:56 What is Borealis guiding for the current quarter?00:40:38 What would count as success for 2026?00:41:51 What will be substantially different in 2027?00:42:49 What keeps the CEO up at night?00:44:41 How is permitting going across the projects?00:47:20 What is the goal of the drill program?00:50:08 Are there any major step-outs?00:51:37 Is 2028 realistic for Sandman production?00:53:02 Does Borealis have enough water for Sandman?00:55:03 What is the budget to build Sandman?00:56:59 Are communities happy?00:59:37 How much will Borealis spend drilling Big Balds?