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Contango ORE: 2023 Work Plan
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Meeting Overview The meeting was a live investment summit hosted by Contango OARS, where CEO Rick Van Noonhuisie provided updates on the company's projects, particularly focusing on the Moncho and Lucky Shot projects. Key topics included construction progress, permitting, financing strategies, and future production timelines. Key Discussion Points - Overview of the busy year in 2022 and expectations for 2023. - Progress on the Moncho project, including road access and camp construction. - Update on the permitting process, specifically the Mine Operating Permit. - Discussion of water management strategies at the mining site. - Plans for financing the project, aiming to raise $50 to $60 million in debt. - Timeline for starting mining operations, with production expected in 2024. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Complete the Mine Operating Permit by April to enable mining operations. - [Unassigned] : Finalize the debt facility ...
Replay transcript excerpt
[Speaker identities could not be resolved; generic labels used] [00:08] Speaker 1: Hello everyone, welcome to Contango OARS live investment summit today hosted by 6. I'm pleased to introduce their president and CEO, Rick Van Noonhuisie. [00:16] Speaker 1: He's going to be reviewing some of the latest news and updates that Contango has, and after we're gonna be accepting questions live. So as a reminder, if you do have any questions, please feel free to submit them in the Q&A chat on the right hand side of your screen at any time today. And as always, this summit is being recorded, So you'll be able to check this out in the coming days on six.com if you want to refresh. Without further ado, Rick, I want to pass things over to you so that we can get started. [00:37] Speaker 2: Cam, thanks a lot. And thanks, everybody, for joining us this morning. Pleasure [00:41] Speaker 2: to speak to you over the internet. [00:45] Speaker 2: 2022 is a pretty busy year, [00:48] Speaker 2: and 2023 will probably be a [00:50] Speaker 2: little bit more busy. [00:52] Speaker 2: Certainly, we're seeing some [00:55] Speaker 2: good activity in the Gold market. [00:57] Speaker 2: Nice move in the Gold market since sort of mid-November. [01:00] Speaker 2: I think our timing [01:02] Speaker 2: is really good. [01:03] Speaker 2: So I'll just, [01:05] Speaker 2: there's 1 slide here I'll just keep referring to, and I'll just kind of walk through [01:10] Speaker 2: our plans [01:12] Speaker 2: to continue to advance our project to production at Moncho. [01:17] Speaker 2: I'll talk a bit about Lucky Shot as well. [01:21] Speaker 2: As I said, 2022 is a busy year. We [01:24] Speaker 2: got started construction on the project, at least the construction of the road and construction of [01:31] Speake...
