Metals Acquisition Limited (MTAL) Q1 2024 Earnings Call Transcript


Metals Acquisition Limited (NYSE:MTAL) Q1 2024 Earnings Conference Call April 29, 2024 7:00 PM ET

Company Participants

Sandy Noyes – Head, IR
Mick McMullen – CEO
Morne Engelbrecht – CFO

Conference Call Participants

Daniel Morgan – Barrenjoey
Sam Catalano – Wilsons
Eric Windmill – Scotiabank
David Radclyffe – Global Mining Research
Tim Hoff – Canaccord
Jackie Przybylowski – BMO


Hello and welcome to the Metals Acquisition First Quarter 2024 Results Conference. At this time, all parties are in a listen-only mode. Later, you will have an opportunity to ask questions. [Operator Instructions] Please note that this call is being recorded and I will be standing by should you require any assistance.

I would now like to the call over to CEO, Mick McMullen. Please begin.

Mick McMullen

Thank you, and thank you, everyone, for joining. I’ll be speaking to these presentation slides today along with Morne Engelbrecht, our CFO. We’re going to give an update on our Q1 2024 results as well as a bit of an update on the business up until now.

So, CSA, obviously, we own is a very high-grade copper mine sitting in a Tier 1 jurisdiction in Western New South Wales. And as most of the people on the call would know, it’s been operating for a very long period of time. And so it’s sort of a known quantity in terms of infrastructure and great relationships with local stakeholders and a very stable regulatory taxable royalty regime, which in day and age is becoming increasingly rare.

The company has got just under 70 million shares in issue. We, as everyone would know, we’re listed on the New York Stock Exchange as well as the ASX. And the enterprise value is near — about $1.1 billion. We have a very strong register, large institutional banking, not a lot of retail in the company. And we

Source link


Please enter your comment!
Please enter your name here

Share post:




More like this

Full transcript of “Face the Nation,” May 26, 2024

On this "Face the Nation" broadcast, moderated by...

Tornadoes rip through Texas, Arkansas and Oklahoma, killing 13

41 minutes agoHolly Honderich,in WashingtonDenton Fire DepartmentAt least...

Housing market outlook: Buyers are gaining the upper hand

The U.S. housing market is now tilting in...

How Maven’s AI-run ‘serendipity network’ can make social media interesting again

Everything in society can feel geared toward optimization...