B2Gold Corp. (BTG) Q3 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day and thank you for standing by. Welcome to the B2 Gold First Quarter 2023 Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during the session, you will need to press star 1-1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 1-1 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Clive Johnson, President, CEO, and Director. Please go ahead. Good morning, afternoon, wherever you are, everyone, and thanks for joining us. We're here today, of course, to talk about the Beachy Gold Q1 2023 conference. operational and financial results. We had another strong quarter of operating performance, which led to some very positive financial results. Mike Cinnamon, our CFO, is going to walk you through that. And then Bill Lytle, our COO, is going to update us on the Back River project, the status of that, and talk a bit about the Foucault Complex expansion. seem to be due to expiration. We'll talk to us a little bit about expiration plans for Back River. We've just approved a large expiration budget. And he'll also update the progress in terms of expiration in the Focola complex. And then we'll open up for questions after that. So with that, I'll hand it over to Mike Cinnamon. Thanks, Clive. So I'll walk us through the the operating results versus the cash flows. On the revenue side, we sold 4,000 ounces more than we'd budgeted, so a total of 249,000 ounces from our operating mines. And the good news is we had an average price of just over $1,900 for the Q. When we budgeted, we had $1,700...