Caledonia Mining Corporation Plc (CMCL) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, welcome to the Caledonia Mining Q1 results presentation. I'd like to hand over to Mark Learman, CEO. Mark, please go ahead. Thank you. If we could go to the disclaimer page, please. And forward looking statement. Okay, so the standard disclaimer forward looking statement, which I assume everybody will take note of. If we could just go to the presentation team next, please. Okay, I'd just like to introduce the team. So, there's myself, Martin Leobold, I'm Caledonia's CEO. I'm in Jersey today, and I'm joined by Ross Gerard, who is our CFO. He's sitting next to me. In Ferrari, we have Victor Capari, who's an executive director of the company. Also joined by James Mofaga, our Chief Operating Officer, who's in Johannesburg. And he's with Craig Harvey, who is our Vice President, Technical Services, who will say a few words about our exploration programme and our near-term revenue opportunities. We're also joined by Luciano Tocca from Blanket Mine. He is the Group Safety Health Director. a few words about our new initiatives on safety. Then also in attendance, we have Maurice Mason, Vice President, Corporate Development and Investor Relations, and Camilla on Group Con. So it's quite a large team and we're going to cover quite a lot of ground. So some of the slides I'm going to speak to quite quickly to leave space for colleagues. So if we could just move on to the next slide, please. So I'm not going to go into this. I'm not going to start throwing numbers around because Ross will do that. But it was next in the quarter. Strong financial performance, record gross profit. We strengthened the balance sheet, more particularly after the end of the quarter, so in early April, with the successful sale of the solar plant. But Ross will tell you more about tha...