3/13/2023

speaker
Operator
Conference Operator

Good day, and thank you for standing by. Welcome to the Ivanhoe Mines' fourth quarter and annual 2022 financial results and review of mine construction and exploration activities 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 ask a question during the session, you will need to press star 11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star 11 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Matthew Keeble, Director of Investor Relations and Corporate Communications. Please go ahead.

speaker
Matthew Keeble
Director of Investor Relations and Corporate Communications

Thank you, operator. Hello, everyone. It's my pleasure to welcome you to the Ivanhoe Mines 2022 fourth quarter and annual financial results conference call. My name is Matthew Keeble, and I'm the Director of Investor Relations and Corporate Communications with Ivanhoe Mines. On the line today from the company, we have founder and executive co-chair Robert Friedland, President Marna Cloutier, Chief Financial Officer David Van Heerden, and Senior Vice President, Corporate Development and Investor Relations, Alex Pickard. We will finish today's event with a question and answer session. As mentioned, you can submit a question using the Q&A box on the webcast page, as well as through the conference operator via your phone line. Please contact our Investor Relations team directly for any follow-up questions. Before we begin, I'd like to remind everyone that today's events will contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Details of these forward-looking statements are contained in our March 13th news release, as well as on CDAR and at www.ivanhomeminds.com. It is now my pleasure to present Ivan Home Minds founder and executive co-chair, Robert Friedland. Go ahead, Robert.

speaker
Robert Friedland
Founder and Executive Co-Chair

Well, to everybody on our 2022 conference results here, I welcome all of you. And I'll start by saying it's great to be in a company producing real things, that everybody on this planet needs. Ivano has a very strong balance sheet, huge cash flows, the lowest cost and greenest ore bodies on this little planet in copper, in platinum, in palladium, in rhodium, gold, nickel, zinc, and germanium. Now, while clearly today confidence has not been restored by an incompetent Federal Reserve Board, which seemingly just yesterday said inflation was transitory, We now see systemic instability in the banking system with banks everywhere being long-term bonds at very low interest rates. So investors everywhere will be looking for strong cash flows, precious metals exposure, yet with minimal leverage and strong ESG performance. I believe that Ivano Mines has priceless assets. We have the best exploration and management team in the mining business. We're operating the best new copper mine in the world, and that's the world, if there's one metal that the world cannot live without, it's copper. There'll be no energy transition without copper metal, and every nation state is going from a just-in-time to a just-in-case economy. Military budgets are rising globally, and metals like copper, nickel, zinc, and germanium are at the top of the shopping lists. for national security purposes. Platte Reef is the largest precious metals development on our planet. And I believe that the Mokopani feeder is the most important precious metals exploration project in our industry. So it's getting harder and harder to finance another tier one copper or precious metals mine. And as a consequence, Ivano is attracting the deepest pocketed investors in the world. And our group's disruptive exploration technology and our new disruptive communution technology and our related companies have attracted the largest mining companies and some of the leading technology investors in the world. In a flight for safety, Ivano Mines, with the support of our host governments, our loyal young labor force, and our major institutional investors will lead our industry in mining with a higher purpose. And therefore, I'll turn this over to our great management team, and please enjoy the rest of our presentation. Thank you.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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