Elemental Royalty Corporation (ELE) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hi all, thank you for attending this Q2 call for Elemental Altus. We'll just give another minute here as a few people are still joining and we should kick off momentarily. Right, I think that's, I think we're ready to go now. So thank you everyone for coming in today on the 19th of August 2025 to run through Elemental Alster's Q2 financials. With us today, you've got myself, Fred Bell, the CEO, and David Baker, the CFO. In terms of an update on the company and where we're at, I think it's the same story with Telegraph, really, for the last two courses, which has been continuing cash build. We've paid down the company's debt. We've had record revenue for Q1 and for Q2, putting us in a very strong position. We also had payment related to the mainstream previously that we received in April this year that was just under $10 million equivalent. combined with the Kerala SUD royalty that started its first payments to us from Q1 onwards. So I think for both of those material events and puts us in a position today where we have, between the credit facility and cash on the balance sheet, approximately US$18 million that we can deploy, both from cash on hand and credit facilities. And then also materially during the quarter, We had a new investor that came on the register in Tether Investments. And I think in terms of their desire to grow the company and for us to continue to build out the portfolio, very strong backing from them to really deploy that capital and puts the company in the strongest position. It was already in the strongest position it has ever been in, but puts us in the strongest position going forward in terms of our ability to progress acquisitions and build the company forward and I won't say more than that, and I will hand over to Dave to run through the qua...