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11/14/2025
Good evening, wherever you're tuning in from today. I personally am joined live at the Deutsche Goldmesse in Frankfurt, Germany, by Contango Aura CEO, Rick Van Nueneze, and CFO, Mike Clark, to discuss Contango's Q3 reporting.
Gentlemen, how are you? Good to see you here in Frankfurt, Romeo.
Awesome, and I wish we were in the same room, but we're several feet away, just because the practicalities of movie magic on webinars. But here's how today's going to work, just for the folks in the room. I've got a number of questions to go through, just eager to get into these pretty, pretty great Q3 reports. And then I'm eager to take questions from the live audience. So if there is any questions that you've got during today's event, there's a chat button in the bottom right of your screen. Please jump in at any time. Anything I don't get to, we're going to be a pretty short event today. But any questions I don't get to, I'll be sure to get to both Rick and Mike and the Contango team afterwards, and they'll be able to get back to you as quickly as possible. I wanted to jump right into the protein as quickly as I can. Rick? Obviously looking at record operating income of $25 million this quarter, while I think almost as impressively or more impressively maintaining ASIC below that $16.25 target at $15.97 per ounce. So a comment and a question. First, that's a lot of money. Congratulations. And what's kept ASIC in check?
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