Replay available
Contango ORE Corporate Update
Join CEO Rick van Nieuwenhuyse and CFO Mike Clark for a review of recent news. There will be an opportunity to ask the Contango team live questions.
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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 focused on discussing a recent press release regarding Contango OARS' financial restructuring, including updates on debt repayment schedules and hedge delivery dates. Key executives Rick Van Doornhuyzen and Mike Clark addressed questions from participants regarding financial forecasts, permitting processes for projects, and expected cash flows. Key Discussion Points - Overview of the recent press release and its implications for the company. - Rescheduling of hedge delivery dates and debt repayment schedules with lenders. - Discussion on expected distributions from the joint venture based on current gold prices. - Explanation of changes in exposure to spot prices and production forecasts. - Clarification on the absence of charges for the restructuring with lenders. - Update on permitting processes for the Johnson Track and Lucky Shot projects. - Future focus on finding processing solutions for ore bodies. Decisions Made - No explicit decisions recorded. ...
Replay transcript excerpt
[Speaker identities could not be resolved; generic labels used] [00:08] Speaker 1: Good morning or good afternoon, depending on where in the world you're signing in from today. And thanks as always for joining us. Today, I'm pleased to have on Rick Van Doornhuyzen, Contango OARS CEO and Mike Clark, company CFO, discuss this morning's press release. Gentlemen, how are you today? [00:20] Speaker 2: Doing well. [00:21] Speaker 2: Morning. [00:22] Speaker 1: Awesome. So here's how today's gonna work. I'm 1st gonna throw it to Rick for a quick kind of State of the Union based on this morning's news. Then I'm gonna jump back on, go through a few questions, including some that came in advance via email. But then I'm going to get into questions from the live chat. This is an interactive event. Please feel free to enter questions for Rick and Mike at any point during today's event, just using the chat in the bottom right of your screen. We'll get to as many as we can. But if for Whatever reason we don't get your question today, I'll make sure that the team gets them so that they can respond to you just via email or call [00:52] Speaker 1: soon thereafter. [00:53] Speaker 1: Last piece of housekeeping is today's event is being recorded and will be available for replay this afternoon. [00:59] Speaker 1: Very likely by 2 or 3 in the afternoon Eastern time, it'll come right in your inbox, and at that point you can share it. It'll be up on both YouTube and events. That's 6. But without further ado, I'll throw it [01:10] Speaker 1: to Rick to get started. [01:12] Speaker 2: Thank you, Romeo, and thank you to 6 for hosting our webinar today. [01:18] Speaker 2: Yeah, Important press release out. Obviously, [01:21] Speaker 2: it's taken [01:22] Speaker 2: a little longer to get this o...