it's about to move, i feel it in my bones., page-34

Cost of production will always be high in Finland, as high as it is now anyway plus the usual annual increments allowing for inflation etc.
But against that you have a very loyal workforce with very little personnel turnover.
The sovereign risk is virtually nil, as the government is very much in favour of this type of mining. It is also a matter of national pride (which is still existent in Finland) to try to beat Belarus at production of metals, including gold.
So all in all yu have a well run company, producing, money in the bank, and regarded as a safe risk by Banks.
As long as the convertible notes stay at $1 ( a sure fire indicator of stability ) there is nothing you have to worry about, IMHO.
But keep doing your own research, don't trust anyone including myself. :)