Replay available
Watch Delta Resources' presentation from the Deutsche Goldmesse Spring 2024 on May 3-4.
Chairman at Delta Resources
Frank Candido has worked as an independent financial consultant since 2003. Mr. Candido led the transformation at Delta Resources Limited through a name change, the selection of a new management team, a new technical team and a re-vamped Board of Directors....
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WEBVTT NOTE Transcription provided by Deepgram Request Id: 7906f8c7-da08-4b8f-9df9-5e5cb77b338d Created: 2024-05-22T15:24:21.663Z Duration: 1014.62 Channels: 1 00:00:00.040 -- 00:00:00.540 ♪♪ 00:00:10.740 -- 00:00:12.940 Good afternoon, everyone. My name is Frank Candido. 00:00:12.940 -- 00:00:14.860 I'm the chairman of Delta Resources. 00:00:15.360 -- 00:00:17.220 I'm going to be a little less animated 00:00:17.320 -- 00:00:20.220 than I usually am. I'm actually quite excited 00:00:20.220 -- 00:00:23.360 about this company, but I had extreme food 00:00:23.360 -- 00:00:25.260 poisoning last night, so I'm not in a 00:00:25.260 -- 00:00:27.340 very good state today, but I'll do my 00:00:27.340 -- 00:00:27.840 best. 00:00:32.220 -- 00:00:35.440 On this page, the thing that really stands 00:00:35.440 -- 00:00:37.800 out is, A, at the end of the 00:00:37.800 -- 00:00:40.239 year, we had $5.6 million in the bank, 00:00:40.239 -- 00:00:42.739 so, you know, our treasury looks good. We 00:00:42.739 -- 00:00:44.720 trade about half a million shares a day, 00:00:44.720 -- 00:00:46.580 so there's liquidity in our stock. 00:00:47.040 -- 00:00:49.120 But really what I wanted to point out 00:00:49.120 -- 00:00:51.540 is if you look at the top left 00:00:51.880 -- 00:00:53.720 where it shows that we raised the $10 00:00:53.720 -- 00:00:56.320 million in a bought deal around 11 months 00:00:56.320 -- 00:00:56.820 ago. 00:00:57.540 -- 00:00:59.280 And the thing that strikes me is that 00:00:59.280 -- 00:01:01.400 you can see that it goes straight down 00:01:01.400 -- 00:01:03.160 from the point that we closed the bought 00:01:03.160 -- 00:01:04.180 deal. So 00:01:04.540 -- 00:01:06.880 sometimes the market does things to your stock 00:01:06.880 -- 00:01:08.500 that doesn't really have...