Jupiter Mines Ltd (ASX:JMS)

A$ 0.145 0.005 (3.57%) Market Cap: 274.55 Mil Enterprise Value: 255.89 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 8/100

Q2 2022 Jupiter Mines Ltd Activities Report Call Transcript

Sep 29, 2021 / 06:30AM GMT

Release Date Price: A$0.225

Transcript

Operator

Good afternoon, and I would like to welcome everyone to the Jupiter Mines Second Quarterly Call. Today, we have Jupiter's Chief Executive Officer, Priyank Thapliyal, to provide a brief update on the second quarter of the 2022 financial year, and then we will open up for some questions from callers.

Thank you, Priyank. Please go ahead.

Priyank Thapliyal

Jupiter Mines Limited - MD, CEO & Executive Director

Thank you, Erica. Good afternoon, everyone, to Jupiter Mines' second quarter call. As you must have seen from the report which was released a day or 2 ago, the second quarter had a couple of challenges. Firstly, it was to do with the mining where we, just like the first quarter, had substantial issues on the equipment breakdown, especially the excavators, and also the absenteeism, which has been there since the COVID started. And the net impact of that was that we were about 1.1 million bcm behind on the mining volume.

On the production side, we had close to 945,000 tonnes of production. Out of that, about 850,000 tonnes was on the high

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