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8/10/2022
At this time, I would like to welcome everyone to the Triple Flag Q2 2022 Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, Simply press star, then the number 1 on your telephone keypad. If you would like to withdraw your question, press star 1 again. Thank you.
Today, I'm joined by my partners, my CFO, Sheldon Vanderkooy, and my Vice President of Evaluations and IR, James Dendle. Next slide, please. We're pleased to report solid results from the time versus last year's record results for the same period. You must see the quarter-end timing of shipments and a higher gold-silver ratio. This bill represented our third-best quarter of operating cash flow in the life of the company. We expect full-year 2022 gold equivalent out-sales to be weighted to the second half of the year, with sales volumes of gold and silver on track for a record in 2022. Operating performance across the portfolio was broadly in line with our expectations, with underperformance of our two ramp-up assets at Pumpkin Hollow and Gunnison, both in the U.S. Offset had a bit more color in its asset update a bit later, and Sheldon will cover the financial results in more detail shortly. We're also pleased to announce that after our first full year as a listed company, we're increasing to $0.19 U.S. share, equating to a sector-leading dividend yield of around 1.8%. It is important to return capital to our shareholders
Our business as flagged is in the process of applying stock exchange to increase our trading liquidity and provide greater access to U.S. investors. Both the NYSE and the SX under the symbol TFPM. On the corporate development, that will be a lot of opportunities and usually aggressive over the past 12 to 18 months amongst larger tiers and implied consensus Significant Cost in Capital Inflation and Supply Chain Disruption. We see this as a temporary phenomenon and equity become more expensive and unreliable sources of capital for miners in this inflationary environment. No pressure to transact for the sake of growth at the expense of value. I will continue The Portfolio and Li Cheng from ATO Phase 1 in March and they're advancing the is currently undergoing a ramp-up expansion that is expected to be reached later this year of 682,000 tons on the many development highlights within the port. And we remain on track for the balance of 2022.
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