Coronado Global Resources Inc. Equity Raising Investor Briefing Transcript
Thank you for standing by, and welcome to Coronado Global Resources, Inc. equity raising presentation. (Operator Instructions) As a reminder, any U.S. persons or entity must be a predetermined QIB in order to access and listen into the management conference call.
I would now like to hand the conference over to Mr. Gerry Spindler, Chief Executive Officer. Please go ahead.
Good morning, and welcome to the management conference call for Coronado. The purpose of the call is to update you on our current circumstance and give some information about the current equity offering. But first, I'd like to go over the financial performance for the first half of the year. I would like to introduce this by saying that if you're in the commodity business, you are accustomed to price variations and you are accustomed to anticipating these variations. But nobody was prepared for the economic downturn and the price disruption that resulted from COVID-19, and it is overshadowing every element of
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