Join Contango ORE's CEO, Rick Van Nieuwenhuyse, and CFO, Mike Clark, for a discussion of the company's Q3 results and a live Q&A session.
Fri, November 15, 2024 at 11:00 AMendedReplay
Investor webinar replay
Meeting Overview The meeting featured a presentation by Rick Van Nuynhuyzen, President and CEO of Contango Auras, and Mike Clark, CFO, discussing the company's Q3 financial results and future guidance. The session included a Q&A segment with pre-submitted and live audience questions. Key Discussion Points - Overview of Q3 financial results, including production and sales figures. - Transition to quarterly reporting for production and financial results. - Discussion of joint venture distributions and their impact on cash flow. - Future production guidance for 2025 and priorities for debt repayment and project advancement. - Clarification of financial reporting complexities related to gold and silver sales. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Provide a replay of the meeting to attendees. - [Unassigned] : Follow up on any unanswered audience questions after the meeting.
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 2019. Between May 1999 and January of 2012, he served as the President and Chief Executive Officer of NOVAGOLD, Inc, a company that he founded. He served as the Vice President of Exploration for Placer Dome from 1990 to 1997. Mr. Van Nieuwenhuyse holds a Candidature degree in Science from Université de Louvain, Belgium and a Master of Science degree in Geology from the University of Arizona. Mr. Van Nieuwenhuyse currently serves on the board of directors of Alexco Resource Corp. He served on the board of directors of Sandfire Resources America, Inc. (formerly, Tintina Resources Inc.) from 2008 until 2016. Mr. Van Nieuwenhuyse has over forty years of experience in the minerals mining industry and brings significant industry and technical knowledge to the Company.
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 Officer and Corporate Secretary for Alexco Resource Corp. from December 2014 to September 2022 at which time Alexco Resource Corp was acquired by Hecla Mining Company. Between 2010 and 2014, Mr. Clark served as Chief Financial Officer of Goldgroup Mining Inc. and from 2007 to 2010 Mr. Clark served as Chief Financial Officer for the Grosso Group and its member companies. Mr. Clark received an undergraduate degree from the British Columbia Institute of Technology and is a Canadian Qualified Chartered Professional Accountant. Between 2016 and 2020, Mr. Clark also served on the Board of Trustees for the Burnaby Hospital Foundation as Chair of the Finance Committee.
Replay transcript excerpt
Speaker 1: Hey folks, we're actually coming in pretty fast. I'm going to say good morning, good afternoon, depending on where in the world you're signing in from today. I'm very fortunate today to be joined by Rick Van Nuynhuyzen, Contango Auras President and CEO, and Mike Clark, company CFO. Gentlemen, how you doing today? Speaker 1: Doing well, Romeo, thanks for hosting this. No, appreciate it. Live from Zurich, so thanks for joining us all the way in Europe. Speaker 1: I wanted to just let you guys know in the audience, here's the format for today's event. We're going to start with a really quick presentation Speaker 1: from Rick and Mike about some additional context for this week's news release. Then I've got some questions of my own to go through, but then we'll jump into audience questions. I'm going to start with the ones that were sent in advance over email, and then questions in the live chat. There's a chat button in the bottom right of your screen. Please use it to ask questions at any time during today's event. If for whatever reason we don't get your question today, I'm still going to pass it on to the Contango team so they can get back to you as soon as possible. So no worries if we don't get to it, but we'll try to get to as many as we can today. Also, say just for housekeeping, today's event is being recorded and the replay will be available sometime this afternoon. It will come right into your inbox. But Speaker 1: enough out of me to get into the protein. I'll shoot it directly to Rick and Mike to get started. Speaker 2: Again thanks Romeo and thanks for hosting Speaker 2: us on 6 here we always appreciate the platform. Speaker 2: Mike and I'll be making some forward-looking statements so just draw your attention to that. Speaker 2: We have a Q3 co...