Jupiter Mines Ltd (OTCPK:JMXXF)
$ 0.1 -0.0283 (-22.06%) Market Cap: 206.29 Mil Enterprise Value: 194.24 Mil PE Ratio: 8.00 PB Ratio: 0.58 GF Score: 36/100

Q1 2021 Jupiter Mines Ltd Earnings Call Transcript

Jun 17, 2020 / NTS GMT
Release Date Price: $0.22
Operator

Good afternoon, and thank you for waiting. I would like to welcome everyone to the Jupiter Mines' Quarter 1 Call. Today, we have Jupiter Chief Executive Officer, Priyank Thapliyal, to provide a brief update on the first quarter of the 2021 financial year, and then we will open up to questions from callers.

Thank you, Priyank. Please go ahead.

Priyank Thapliyal
Jupiter Mines Limited - CEO & Executive Director

Thank you, and welcome, everyone, to the Jupiter Mines' Q1 Call. As I think all of us are aware, this first quarter has largely been around the COVID-19 pandemic and how Jupiter has tried to mitigate and maneuver around those restrictions. And the results which we have presented today are largely a reflection of what we have been able to achieve.

So as we announced around 27th of March, South Africa went into lockdown. All the mines were basically put into the shutdown mode, and that lasted for around 3 to 4 weeks. And around the middle of April, all the open pit mines were allowed to come back into production at around 50% of the

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