2024-02-16 13:43:03 ET
Sandstorm Gold Ltd. (SAND)
Q4 2023 Earnings Conference Call
February 16, 2024, 11:30 AM ET
Company Participants
Nolan Watson - CEO
Erfan Kazemi - CFO
David Awram - Co-Founder and SVP
Conference Call Participants
Heiko Ihle - H.C. Wainwright
Derick Ma - TD Securities
Brian MacArthur - Raymond James
Presentation
Operator
Good morning. My name is Ina. And I will be your conference operator today. At this time, I would like to welcome everyone to the Sandstorm Gold Royalties 2023 Annual and Fourth Quarter Results Conference Call. All lines have been placed on mute to prevent any background noise.
Please be aware that some of the commentary may contain forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions] Thank you, Mr. Watson, you may begin your conference.
Nolan Watson
Thank you, Ina. Good morning, everyone. And thank you for calling into our Q4 and 2023 year-end earnings call. As usual, in a few minutes, I'll hand things over to Erfan, our CFO to review the earnings highlights. But before I do that, I'd like to take the time to give an update of Sandstorm’s business and the things that I will specifically focus on which I believe are important to shareholders are five-fold.
The first one being our updated guidance, not only for 2024, specifically, but also our longer five-year term guidance. As part of this guidance, we'll also be talking about the timing of our two growth projects being Hod Maden and MARA project. Number two, our current debt levels including our projected debt repayments, as well as the non-core asset sales process that we're going to use to achieve this. Number three, our current share buyback plans once we have achieved certain debt repayment thresholds. Number four, what this production guidance means in terms of cash flow expectations at today's gold price. And finally, a real quick summary of the key catalysts that we believe sales from shareholders can look forward to....
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Sandstorm Gold Ltd. (SAND) Q4 2023 Earnings Call Transcript