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Contango Announces S-K 1300 Technical Report Summary with Robust Economics

Join CEO Rick van Nieuwenhuyse and CFO Mike Clark for a review of the Johnson Tract S-K 1300 Technical Report - which features robust economics and a 1 year payback. The executives will be available to answer your questions live following a brief presentation.

Thu, May 8, 2025 at 1:00 PMendedReplay
Contango Announces S-K 1300 Technical Report Summary with Robust Economics

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Meeting Overview The meeting focused on the recent publication of a technical report summary regarding the Johnson Track project by Contango. CEO Rick Van Nuenhuysen and CFO Mike Clark presented the project's attractive economic metrics and discussed the next steps in its development. Key Discussion Points - Introduction of the Johnson Track project and its economic viability. - Overview of the project's location and infrastructure advantages. - Details of the initial assessment, including NPV and IRR figures. - Discussion on land ownership and easements related to the project. - Presentation of the proposed mining method and infrastructure plans, including tunneling and ore transport. - Emphasis on the environmental considerations in the mining plan. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Rick Van Nuenhuysen] : Prepare and release a press release regarding Q1 results next week. - [Unassigned] : Conduct further studies to determine the exact ro...

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[Speaker identities could not be resolved; generic labels used] [00:04] Speaker 1: Good morning, good afternoon, good evening, depending on where in the world you're signing in from. Certainly a lot of time zones on today's call, so I do appreciate you joining us. I'm on today with Contango Order to talk about the recent publishing of a technical report summary on the Johnson Track project with some pretty attractive economics. So I've got on today CEO Rick Van Nuenhuysen and CFO Mike Clark. Gentlemen, how are you today? [00:22] Speaker 2: Doing well. [00:24] Speaker 2: Romeo, I'm in Cornwall, England [00:27] Speaker 2: on a geo field trip. [00:30] Speaker 2: And the hotel has terrible internet. So we have our Starlink [00:34] Speaker 2: out front. So if the internet goes haywire, we can blame Elon Musk. [00:39] Speaker 1: That was my plan, so that's perfect. [00:41] Speaker 1: Awesome, so here's how today's gonna work just for the folks in the room. After my brief housekeeping here at the beginning, I'm gonna throw it to Rick and Mike for a brief presentation, then I've got some questions for them. But after that, this is totally an interactive event. So please use the chat in the bottom right of the screen. [00:54] Speaker 1: If we don't get to your question today, for whatever reason, running out of time, et cetera, I'll make sure the Contango team gets them and they'll get back to you as soon as possible. We'll hope to get to as many as we can today. I'll say this event is also being recorded, should be available right in your inbox by the end of the day Eastern Time, and from there you can share it out as much as you'd like. It'll also be available on Six's YouTube channel and Six.com. [01:15] Speaker 1: Without further ado though, I'll throw it to Rick and Mike...