Trekor Metals Limited Common Shares

Hello, everyone, and welcome to Taseko Mines' 2024 Fourth Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To participate, you will need to press star-1-1 on your telephone, and then you will hear a message advising your hand is raised. To withdraw the question, simply press star-1-1 again. Please be advised that today's conference is being recorded. Now, it's my pleasure to turn the call over to the Vice President of Investor Relations, Brian Bergo. Please proceed.

Thank you, Carmen. Welcome, everyone, and thank you for joining the SECO's 2024 Fourth Quarter Annual Results Conference Call. The news release and regulatory filing announcing our financial and operational results was issued yesterday after market closed, and is available on our website, TesecoMines.com and on CR Plus. I'm joined today in Vancouver by Teseco's President and CEO, Stuart McDonald, Teseco's Chief Financial Officer, Grace Hammond, and our Chief Operating Officer, Richard Trombley. As usual, before we get into opening remarks by management, I would like to remind our listeners that our comments and answers to your questions will contain forward-looking information, and this information by its nature is subject to risks and uncertainties. As such, actual results may differ materially from the views expressed. For further information on these risks and uncertainties, I encourage you to read the cautionary note that accompanies our fourth quarter MDMA and the related insurance, as well as the risk factors particular to our company. These documents can be found on our website and also on Cedar Plus. I would also like to point out that we will use various non-GAAP measures during the call. You can find explanations and reconciliations regarding these measures in the related news release. And finally, all dollar amounts we will discuss today are in Canadian dollars unless otherwise specified. Following opening remarks, we will open the phone lines to analysts and investors for questions. I will now turn the call over to Stuart for his remarks.

Thanks, Brian, and good morning, everyone. Thanks for joining us for the fourth quarter of annual earnings. As you can tell, I'm struggling with the bad voice. I'm going to give slightly abbreviated remarks today and pass the call over to Richard to talk about our operations and projects in more detail. But just a couple of reflections looking back on the last year. You know, we're very happy with the progress that we've made across our business. I think that Gibraltar was a busy and at times quite challenging year. We've had a million disruptions. We had major maintenance. We moved an intake pressure. We had a labor strike for 18 days in June. And we overcame all of those challenges successfully, showed a strong fourth quarter and strong annual financial results. We've also made great strides at Florence. Construction is advancing smoothly, and that's soon to become our second producing operation. And through all of that, we've also maintained a solid balance sheet. We opportunistically refinanced our bonds earlier in the year, and we ended 2024 with over $330 million of available equity, and that's after a significant capital expenditure at Florence during the year. Taking a closer look at our financial results, we generated $224 million of adjusted EBITDA and $233 million of cash flow from operations. Those results are notable improvements over 2023 as a result of a slightly higher copper price and also our increased stake in Gibraltar as we stepped up to 100% ownership in March last year. And that was obviously a very accretive transaction for us. So before I lose my voice completely, I'm going to now pass the call to Richard Tomlinson.