Nordic Iron Ore: Optimisation study now ongoing - Nordea

During the second quarter, the optimisation study for Blötberget was initiated and we expect to see results by around the end of Q3, which potentially could suggest a more attractive financial outcome of this asset. With regards to project financing, we expect the company to start such discussions primarily after the optimisation study results have been concluded. We keep our equity valuation of SEK 3-12 per share.

https://research.nordea.com/CompanyDetails/14955/NordicIronOre

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