Royal Gold, Inc. (RGLD) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.738 Hello, everyone. Thank you for joining us, and welcome to Royal Gold Inc.' 's 2026 00:00:05.738 -- 00:00:10.805 First Quarter Conference Call. After today's prepared remarks, we will host a question 00:00:10.805 -- 00:00:15.651 and answer session. If you would like to ask a question, please press star 1 to raise 00:00:15.651 -- 00:00:19.355 your hand. To withdraw your question, press star 1 again. 00:00:19.355 -- 00:00:24.822 I will now hand the conference over to Alistair Baker, Senior Vice President, Investor 00:00:24.822 -- 00:00:30.367 Relations and Business Development. Alistair, go ahead. 00:00:32.650 -- 00:00:36.494 Thank you, operator. Good morning and welcome to our discussion of Royal Gold's first 00:00:36.494 -- 00:00:41.640 quarter 2026 results. This event is being webcast live and a replay of this call 00:00:41.640 -- 00:00:46.205 will be available on our website. Speaking on the call today are Bill Heisenbuddle, President 00:00:46.205 -- 00:00:51.471 and CEO, Paul Libner, Senior Vice President and CFO, and Martin Rothfield, Senior 00:00:51.471 -- 00:00:53.173 Vice President 00:00:53.173 -- 00:00:58.486 of Operations. Other members of the management team are also available for questions. 00:00:58.486 -- 00:01:01.892 During today's call, we will make forward looking statements, including statements about 00:01:01.892 -- 00:01:04.758 our projections and expectations for the future. 00:01:04.758 -- 00:01:08.946 These statements are subject to risks and uncertainties that could cause actual results 00:01:08.946 -- 00:01:11.310 to differ materially from these statements. 00:01:11.310 -- 00:01:15.317 These risks and uncertainties are discussed in yesterday's press release and our filings 00:01:15.317 -- 00:01:20.447 with the...