Replay available
Cash Distribution & First 2025 Campaign Results
Join CEO Rick van Nieuwenhuyse and CFO Mike Clark as they provide some additional context to today's press release regarding recent cash distribution and production results from the first Manh Choh campaign of 2025.
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Rick Van Nieuwenhuyse
President, CEO, & Director at Contango ORE
Mr. Van Nieuwenhuyse was appointed to serve as President, Chief Executive Officer, and director of the Company effective January 6, 2020. He previously served as President and Chief Executive Officer of Trilogy Metals Inc. from January 2012 until December 2...
Mike Clark
CFO at Contango Ore
Mr. Clark was appointed to serve as Executive Vice President - Finance of the Company, effective July 11, 2023. He was then appointed as Chief Financial Officer & Corporate Secretary, effective January 1, 2024. He previously served as Chief Financial Office...
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Team at 6ix Inc
Kyle Stewart
Host at 6ix
Investor webinar replay
Meeting Overview The meeting provided a corporate update from Contango regarding a $24 million cash distribution and the successful completion of the first campaign for 2025. Key discussions included production performance, cash management strategies, and operational improvements at the Fort Knox mill. Key Discussion Points - Announcement of a $24 million cash distribution from the Peak Gold Joint Venture. - Overview of the first campaign's production, which exceeded expectations with approximately 19,500 ounces of gold. - Discussion of operational improvements contributing to increased production and efficiency. - Future cash distributions expected to reach $80 million, impacting shareholder benefits. - Breakdown of gold sales and the strategy for managing hedges and cash flow. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Follow up on audience questions that were not addressed during the meeting. - [Unassigned] : Provide further detail...
Replay transcript excerpt
[Speaker identities could not be resolved; generic labels used] [00:04] Speaker 1: Good morning or good afternoon, depending on where you're logging in from today. Really do appreciate all of you joining us for a corporate update and Q&A session from Contango related to this morning's press release regarding their $24 million cash distribution. Feels good to say that number out loud. Don't get too very often. And the completion of 2025 1st campaign. I'm joined today of course by company's president CEO Rick Van Nuenheise and CFO Mike Clark. Gentlemen thank you for joining me. [00:27] Speaker 2: Romeo good to see you again Mike. [00:29] Speaker 2: Hello from across the pond. [00:33] Speaker 1: Here's how today's gonna work. So I'm 1st gonna throw it to Rick for a quick rundown of today's news. Then I'll pose questions to both the speakers on the line today. After that, we're eager to take some questions from the audience here live in the room. This will be a bit shorter event than we're typically used to. I'll be probably ending right at the half hour, so I'll try to get to as many questions as I can. Please feel free to ask anything, but if I don't get to you today, I'll make sure that the questions get to the Contango team so they can get back to you as soon as possible. Today's event's also being recorded and will be available very shortly today on both 6.com and also our YouTube channel. [01:03] Speaker 1: That's it for me. I'm going to throw it to Rick for a quick intro before I jump in with some questions. [01:08] Speaker 2: Yeah, so just thanks, [01:10] Speaker 2: Romeo, and just to everybody, thanks for joining us. I'm in Zurich, [01:15] Speaker 2: Switzerland for the European Gold Forum here. [01:19] Speaker 2: We've got a three-day conference [01:21] Speaker...