North American Palladium Ltd. (fka PALDF)

[JD400]

Just Mule-ing around PALDF



Donkey #1 All right you guys their increasing the mill to 12,000 tons per day so let's get some skin in the game.

#2 All right but I'm gonna need another pair of leather gloves I still have cold feet.

#3 12,000 tons per day This Mines Kicking "Ass"

#4 Hey watch how you say that "Jack"

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“These excellent production results, combined with strong palladium prices resulted in full year earnings of just over $30 million and an adjusted EBITDA of over $86 million. In 2017, we invested over $60 million of capital in equipment, infrastructure and development, setting the operation up for long-term success. We also paid down $23 million in debt during the year, paying attention to the balance sheet as well as operations. The fourth quarter results of $15.2 million in earnings and $36.9 million adjusted EBITDA are strong indicators of the financial performance to be expected in 2018. The mill will continue to operate on a full-time basis, at a rate that is expected to rise to approximately 12,000 tonnes per day. Mill feed will come from underground production, at a rate just above 6000 tonnes per day, supplemented by the small Sheriff open pit, which has already started production, and the low-grade surface stockpiles. Guidance for 2018 is 230,000-240,000 payable ounces at an average AISC of US$640 to US$660 per ounce. 2018 will be the first full year where the true value of the Lac des Iles mine will be demonstrated,”

http://www.nap.com/investors/news-releases/news-releases-details/2018/North-American-Palladium-Records-a-Profitable-2017-and-Announces-Initiation-of-a-Strategic-Alternatives-Review/default.aspx