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National Bank (NYSE:NBHC) M&A Announcement Transcript

2025-09-17 00:02

National Bank (NYSE:NBHC) M&A Announcement September 16, 2025 11:00 AM ET Company ParticipantsTimothy Laney - Founder, Chairman & CEONicole Van Denabeele - EVP & CFOAldis Birkans - PresidentKelly Motta - Managing DirectorBrett Rabatin - Director - ResearchConference Call ParticipantsJeffrey Rulis - MD & Senior Research AnalystOperatorMorning everyone, and welcome to the National Bank Holdings Corporation conference call. I will be your conference operator for today. At this time, all participants are in a l ...

National Bank (US:NBHC)

M&A

Banks

Treasury management solutions

Wealth management solutions

M&A

Banks

Treasury management solutions

Wealth management solutions

Nurix Therapeutics (NasdaqGM:NRIX) Conference Transcript

2025-09-17 00:02

Nurix Therapeutics (NasdaqGM:NRIX) Conference September 16, 2025 11:00 AM ET Company ParticipantsArthur Sands - CEOOperatorAll right, good morning everyone. I'm Stephen Willey, one of the Senior Biotech Analysts here at Stifel, and glad to have with us, as part of the next session of day two for the I&I Summit, the CEO of Nurix Therapeutics, Arthur Sands. Arthur, thank you so much for your time today.Arthur SandsYeah, I'm happy to be here.OperatorWe're glad to have you. I know we spend a lot of our discussi ...

Nurix Therapeutics(US:NRIX)

BTK inhibitors in autoimmune disease

IRAK4 and STAT6 degradation

BTK inhibitors in autoimmune disease

IRAK4 and STAT6 degradation

Orion Energy Systems (NasdaqCM:OESX) 2025 Conference Transcript

2025-09-17 00:02

Orion Energy Systems (NasdaqCM:OESX) 2025 Conference September 16, 2025 11:00 AM ET Company ParticipantsSally Washlow - CEO & DirectorPer Brodin - CFOOperatorI'd now like to turn the floor over to today's host, Sally Washlow, Chief Executive Officer with Orion Energy Systems Incorporated. Ma'am, the floor is yours.Sally WashlowThank you, and thank you all for joining us today. Alongside me today is Per Brodin, our CFO as well, and we will be available to answer any questions you might have after our present ...

NowVertical Group (OTCPK:NOWV.F) 2025 Conference Transcript

2025-09-17 00:02

NowVertical Group (OTCPK:NOWV.F) 2025 Conference September 16, 2025 11:00 AM ET Company ParticipantsSandeep Mendiratta - CEO & DirectorOperatorSure, we appreciate your participation in today's virtual event. Up next, we are pleased to introduce NowVertical Group Inc. If you'd like to ask a question during the webcast, you may drop them into the chat box button on the left side of your screen. Please type your question into the box and click "Send" to submit it. At this time, it is my pleasure to hand over t ...

Barrick Mining (NYSE:GOLD) 2025 Conference Transcript

2025-09-16 23:52

Barrick Mining (NYSE:GOLD) 2025 Conference September 16, 2025 10:50 AM ET Company ParticipantsMark Bristow - President, CEO & DirectorMark BristowThank you, Matt, and very good morning to everyone here this morning. Thank you for joining us. And I must say, big call out to the organizers, Tim and the team, And it's really pleasing to see the growth in number of buy side attendees in this conference this year. And in particular, welcome to those generalists. We need you in this industry.It's been quite a yea ...

巴里克(US:GOLD)

Exploration excellence

Long - term investment

Disciplined capital allocation

Copper Mining

Disciplined capital allocation

Exploration excellence

Long - term investment

Copper Mining

Cerrado Gold (OTCPK:CRDO.F) 2025 Conference Transcript

2025-09-16 23:32

公司概况 * Cerrado Gold Incorporated 是一家黄金生产商同时拥有两个关键的开发资产 [2] * 公司目前在其位于阿根廷圣克鲁斯省的Minera Don Nicolás矿场生产约55,000盎司黄金 [2] * 公司资金充足截至6月底持有约1500万美元现金并有额外的资产出售和潜在期权付款将在未来两年到期 [4] 核心资产与运营 * **Minera Don Nicolás矿 (阿根廷):** * 当前年产量约为55,000盎司黄金 [2] * 基于2024年PEA 在每盎司2100美元的金价下预计每年产生约5000万美元现金流 [2] * 当前矿山寿命约为3至3.5年目标是通过勘探将其延长至5至6年 [9][14] * 已启动一个20,000米的钻探计划以增加矿产资源 [11] * 已于第二季度开始首次地下开发预计将在今年第四季度对产量做出有意义的贡献 [11] * 全维持成本(AISC)预计在满负荷生产时保持在每盎司1500至1700美元范围内 [14] * 拥有330,000公顷的广泛土地包位于多产的Deseado Massif金矿带 [10] * **Lagoa Salgada VMS项目 (葡萄牙):** * 公司持有该项目80%的权益 [19] * 正在完成优化的可行性研究预计在第四季度完成 [3][20] * 目标是在2026年第二季度末做出建设决定预计在2028年第一季度实现初始生产 [9][22] * 基于历史可行性研究和先前金属价格预计将增加约7500万美元的自由现金流 [10] * 先前的可行性研究显示在锌当量基础上运营成本约为每磅0.79美元但42%的价值来自贵金属 [20] * 预计前五年每年产生7500万美元的EBITDA [20] * 已获得英国出口信贷机构和桑坦德银行的支持为70%的前期资本成本提供资金 [19] * 计划在第四季度提交最终环境许可申请 [9][21] * **Mont Sorcier项目 (加拿大魁北克):** * 一个高品位(67% DRI)铁矿山非常适合全球绿色钢铁转型 [3] * 初始NPV为16亿美元 [5] * 可行性研究预计在2026年第一或第二季度完成环境许可申请预计在2026年第三季度提交 [10] * 目标是在2028年年中开始建设如果一切顺利 2030年投产 [10] * 2022年的PEA显示使用65%品位的材料在21年矿山寿命内可产生3.5亿美元的EBITDA和2.35亿美元的自由现金流但这仅利用了当前已知资源的约25% [26] * 已确定12亿吨资源量 [30] * 附近有超过370公里的现有铁路通往Saguenay港 [25] 财务与价值主张 * 公司预计到2030-2031年黄金当量产量将超过330,000盎司 [6] * 基于可行性研究价格 Minera Don Nicolás的NPV略高于1亿美元 Lagoa Salgada的NPV为1.5亿美元两者合计为2.5亿美元潜力 [5][6] * 加上Mont Sorcier的16亿美元NPV 到2030年公司潜在总NPV可达18亿美元 [5][6] * 未来五年内公司有机会产生约5亿美元的年EBITDA [8] * 公司计划利用现有资产产生的现金流为下一个项目的建设提供大部分（如果不是全部）所需股本从而最大限度地减少对当前股东的稀释 [8] 战略与展望 * 2025年是公司的过渡年 2024年是困难的一年公司以6000万美元出售了其在巴西的Monte do Carmo资产以加强资产负债表并为项目开发提供资金 [9] * 在阿根廷重点是扩大矿山寿命和增加资源 [9][11] * 在葡萄牙重点是完成可行性研究获得许可并为建设做准备 [9][21] * 在魁北克重点是推进可行性研究和许可程序 [10] * 公司的战略是通过稳步生产和发展关键资产来释放其三个不同资产的价值 [31] 其他重要信息 * 阿根廷的外汇管制已显著放宽审计后的利润可以汇出该国 [28] * Lagoa Salgada项目得到了当地的大力支持 [28] * 随着阿根廷产量在第三和第四季度的增加预计每盎司的全维持成本将下降 [29] * Lagoa Salgada的优化可行性研究预计将在第四季度后期发布 [29] * 公司目前不寻求政府资金支持Mont Sorcier项目 [29] * Lagoa Salgada地区的其他项目如Neves Corvo矿或Acosta Nidez矿在过去几年中以超过15亿美元的价格售出 [24]

Green Steel Transition

Green Steel Transition