Galiano Gold Inc (TSX:GAU)
C$ 2.24 0.03 (1.36%) Market Cap: 567.79 Mil Enterprise Value: 459.44 Mil PE Ratio: 40.18 PB Ratio: 1.72 GF Score: 47/100

Q1 2020 Galiano Gold Inc Earnings Call (Pre-Recorded) Transcript

May 07, 2020 / NTS GMT
Release Date Price: C$1.65
Gregory John McCunn
Galiano Gold Inc. - CEO, President & Director

Hello, everyone, and welcome to the inaugural Galiano Gold Video Cast. At our Annual General Meeting on April 30, our shareholders approved changing the name of the company, which provides a clear distinction between the corporate level entity and the Asanko Gold Mine, our 50-50 joint venture with Gold Fields. It's located in Ghana, West Africa. The focus of this videocast is our Q1 2020 results. So please refer to our financial statements and MD&A on our website or filed on SEDAR for further details.

So first, let's take a look at the Q1 results from the Asanko Gold Mine, which is managed and operated by Galiano. All information related to the Asanko Gold Mine is discussed here on a 100% basis.

The operation delivered its best quarter since achieving commercial production in April 2016. We hit records across the board, including production, revenue, all-in sustaining costs, free cash flow and net income. During the quarter, the AGM produced 66,333 ounces of gold as the processing plant continued to perform very well

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