Ecora Resources CFO Kevin Flynn discusses 2024 Q2 highlights

Proactive - Interviews for investors

Ecora Resources PLC (LSE:ECOR, TSX:ECOR, OTCQX:ECRAF) chief financial officer Kevin Flynn takes Proactive's Stephen Gunnion through a second-quarter trading update for 2024. Flynn highlighted the strong performance of the Kestrel project, noting that volumes and pricing exceeded market expectations, positioning Ecora at the top end of its guidance. He also mentioned the acquisition of a rare earths royalty post-half year, signalling a robust start to the year. Flynn addressed BHP's announcement on the suspension of construction at West Musgrave, expressing optimism about the project's long-term potential despite short-term disruptions. Looking ahead, Flynn emphasised key growth drivers, including the ramp-up of Voisey’s Bay deliveries and the upcoming Capstone feasibility study, which will provide insights into project timing and cash flow expectations. Discussing market conditions, Flynn acknowledged the challenges but noted that they present growth opportunities. He reiterated Ecora's commitment to balancing growth with maintaining a strong balance sheet, anticipating meaningful deleveraging in the next 12 to 18 months. Flynn concluded by reaffirming Ecora's focus on sustainable growth without compromising financial stability. Watch the full interview to get detailed insights into Ecora Resources' strategic direction and upcoming milestones. Visit Proactive's YouTube channel for more videos, and don't forget to give the video a like, subscribe to the channel, and enable notifications for future content. #EcoraResources #KevinFlynn #Q22024Update #MiningIndustry #ResourceInvestment #KestrelProject #VoiseysBay #CapstoneProject #ProactiveInvestors #MarketUpdate #FinancialNews #SustainableGrowth #RareEarths #CommodityMarket #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews