Orezone Gold Corporation (ORE) Q2 2023 Earnings Call

Investor webinar replay

Replay transcript excerpt

Ladies and gentlemen, thank you for standing by. My name is Desiree, and I will be your conference operator today. At this time, I would like to welcome everyone to the Our Zone Second Quarter 2023 Conference Call and Webcast. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question again, press the star one. I would now like to turn the conference over to Patrick Downey, President and CEO. Please go ahead. Thank you, and welcome to the Orozone Gold Q2 Results Conference Call. With me today, I have Peter Tam, Chief Financial Officer, who will run through the detailed financial and operating data later in the presentation. First off is our forward-looking statement, and I encourage you to read them. Health and safety, we had a very, very solid safety record and we continue to do so. 10.1 million, sorry, 9 million hours worked without an LTI. Q2 of this year, we had zero LTIs with over a million person hours worked during the quarter. This is a fantastic achievement for a young team and a well-deserved milestone for the group. Into the quarter. So the operational financial highlights, we had gold production of 35,482 ounces, gold sales of 33,608 ounces at an all-in sustaining cost of $1,109 per ounce. Our plant operated at 7% above nameplate. Our cash at quarter end was 32.3 million, and we also paid back over 19 million of principal senior loans. We also advance in all growth initiatives, including our expansion study, our grid power connection, and our next stages of our resettlement action plan. I will review these i...