The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Gustaf Schwerin - Pareto Securities, Research Division - Analyst
: Two questions from my side. Firstly, on working capital release in Q4, should we expect at least SEK 1 billion in release then given your inventory
levels in Q3 now?
Question: Gustaf Schwerin - Pareto Securities, Research Division - Analyst
: Okay. It could be more than that as well.
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OCTOBER 24, 2019 / 7:30AM, BOL.ST - Q3 2019 Boliden AB Earnings Call
Question: Gustaf Schwerin - Pareto Securities, Research Division - Analyst
: Okay. Then second and just to understand your new CapEx guidance, at the CMD, I think you showed an indicative figure, looked to be around
SEK 6.5 billion or something like that. So with this additional SEK 300 million in Aitik, I mean, is there anything else new in your CapEx guidance?
Or is it basically what's given what you've been saying before plus this new investment?
Question: Xiaofei Du - BofA Merrill Lynch, Research Division - Analyst
: So most of my questions have been answered, so I just have a very short few ones. So first off, for the costs you've been spending from the electric
trucks in Aitik, has -- when did this -- did that start to realize? And in terms of the execution in Kevitsa, should we expect a very similar timeline?
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affiliated companies.
OCTOBER 24, 2019 / 7:30AM, BOL.ST - Q3 2019 Boliden AB Earnings Call
And number two, recently, I think there's some negotiation between the copper mines and the Chinese copper purchase team. And have you
heard any news on the potential TC floor for next year despite a low spot market? And so first, these 2, please.
Question: Xiaofei Du - BofA Merrill Lynch, Research Division - Analyst
: And what about Kevitsa? That would be -- so this is Kevitsa?
Question: Xiaofei Du - BofA Merrill Lynch, Research Division - Analyst
: And next, sorry, very short one. The inventory revaluation was quite a positive, SEK 200 million in 3Q. And what is the outlook for the fourth quarter?
Question: Xiaofei Du - BofA Merrill Lynch, Research Division - Analyst
: Yes. Sure. And last one, just thinking about your exploration progress because from memory, last year, you didn't have any increase in your reserves.
And so far, how is this going this year? And is there any update regarding Tara Deep? Yes, just some update would be appreciated.
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