Quinsam Capital Corp (QCAAF) Q1 2026 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Quinsam Capital Corp..

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.917 All right. Well, good morning, everyone, and welcome to the first quarter Quinsom 00:00:05.917 -- 00:00:08.180 conference call. 00:00:08.180 -- 00:00:13.205 It's only been a few weeks since the year-end call, so there's 00:00:13.205 -- 00:00:18.531 not a whole lot of news over the last number of weeks. 00:00:18.531 -- 00:00:23.377 The first quarter results are out. Best quarter we've had in a while. 00:00:23.377 -- 00:00:25.539 We made over 00:00:25.539 -- 00:00:31.262 a million dollars addition to NAB, and NAB is now nearing 12 00:00:31.262 -- 00:00:34.164 cents a share. 00:00:35.168 -- 00:00:39.054 Second quarter is, at this point, also looking good. 00:00:39.054 -- 00:00:41.054 Obviously, 00:00:41.117 -- 00:00:44.422 there's still six weeks to go, but 00:00:44.422 -- 00:00:49.931 as of right now, our NAV has advanced 00:00:49.931 -- 00:00:53.136 from the end of the first quarter 00:00:53.136 -- 00:00:55.800 by another 00:00:55.800 -- 00:00:59.212 few hundred thousand dollars. 00:00:59.212 -- 00:01:02.015 Key performance drivers 00:01:02.015 -- 00:01:07.401 over the last number of months, probably the two most important, have been Nevada Organic 00:01:07.401 -- 00:01:10.444 Potash, which we've owned for quite a long time. 00:01:10.444 -- 00:01:14.509 We were kind of a seed investor there 00:01:14.509 -- 00:01:19.394 before it went public and have added since. 00:01:19.394 -- 00:01:21.076 You know, it's made a great deal of progress. 00:01:21.076 -- 00:01:26.228 When we started out, it had a, you know, $1 million valuation more or less. 00:01:26.228 -- 00:01:31.614 It now has just closed a financing of almost $5 million and 00:01:31.614 -- 00:01:35.319 is sitting with a $30, $40 million valuation. 00:01:35.319 -- 00:01:39.864 So t...