Thank you for standing by, and welcome to the Gold Road Resources June quarter results call. All participants are in a listen-only mode. There will be a presentation followed by a question-and-answer session. If you wish to ask a question, you'll need to press the star key followed by the number one on your telephone keypad. If you wish to ask a question via the webcast, please type it into the Ask a Question box and click Submit. I would now like to hand the conference over to Mr. Duncan Hughes, General Manager, Corporate Development and Investor Relations. Please go ahead. Thank you, Zach, welcome everyone to our June quarterly analyst call. The quarter continued to see a strong Aussie dollar gold price at close to AUD 2,950 an ounce for the quarter. As a result, Gold Road sold its ounces at record high sales price. As you'll be aware, our production is completely unhedged. That had a favorable knock-on effect to the cash flow generation for the quarter. The presentation today, we will be referring to the quarterly results slides that can be viewed on the live webcast, our website or the ASX release. Those on the webcast and on the phone are able to submit a question for us to address at the end of this call. On the call today, we have Duncan Gibbs, Managing Director and CEO, John Mullumby, Chief Financial Officer, Andrew Tyrrell, GM of Discovery, and we have Keely Woodward, Joint Company Secretary. Moving to slide three now, for a summary of the June quarterly results. Gruyere continues to operate safely and reported no lost time injuries during the quarter. Gruyere is now at over 810 days LTI- free, a great result from the operation. Sadly, the quarter saw two LTIs reported for the Gold Road exploration team, and our overall 12-month LTI frequency rate has subsequently increased from 0 to 2.13. The June quarter saw gold production from Gruyere of 76,053 oz produced, at all-in sustaining costs of AUD 1,620 per ounce for the quarter, with production impacted by the low availability of drill and blast stocks. Strong spot gold price helped us continue to increase our cash and equivalents position. We closed the quarter on AUD 157 million net cash, after free cash flow of just over AUD 30 million generated during the quarter. Lower than anticipated quarterly production resulted in a lowering of our 2023 production guidance. We retained the original all-in sustaining costs guidance. Duncan will give more details on this later in the presentation. Our strategic investments continue to hold good value and are valued at approximately AUD 416 million on the ASX today. We continue to explore across our recently expanded exploration portfolio in Australia, with drilling ongoing at Mallina and Yamarna. The strategy remains unchanged here. We're looking for mine two. I'll now hand over to Duncan Gibbs to talk through the quarterly results in a little more detail. Thanks, Duncan, thanks to everybody who's joining us on the call today. Looking at the quarter in a little more detail, gold production fell short of Gold Road's expectations. As announced on the 22nd of June, gold production for the quarter reduced, was reduced primarily to low drill rig availability, which hindered both ore and waste mining. As a result, lower-grade stockpiles were blended with the ore through the processing plant, resulting in the processing plant grade being below the mine grade. Average mine grade was strong at 1.2 g for the quarter. That's a record high and in line with our expectations of these increasing grades as we get deeper into the ore body. Processing rates continued to be high, with actually a record-high, monthly production rate achieved in May. The strong production performance reflects improving plant utilization rates, as well as some benefit from the mainly with oxide for around 10%-15% of that softer material. The operational focus is very much removed from the plant now to the mine. Mobilization of replacement drilling equipment has commenced. Two new rigs were provided during the quarter by MACA. Another is due in the next week, and the whole fleet is actually replaced. That program continues into the new year. As a short-term measure, Gold Fields have also sourced two of the, two rigs from our other operations, and that will help us get through, the drilling rig availability issues that we've seen. Additional blasting resources have been sourced and further increases are planned over the coming weeks. As well as all of that, we're also putting another excavator on the site. There's a new 600 ton class machine that's actually already there, along with four additional trucks. They will be mobilized, and once fully assembled, the excavator will commence operations late in this quarter. Accordingly, the rate of waste and ore movement will increase in the second half of the year. The all-in sustaining costs for the quarter, and was higher quarter-on-quarter at AUD 1,620 per oz, which largely reflected the lower ounce production during the quarter. Sustaining CapEx increased during the quarter, with expenditure on the pebble crusher, and that will continue into the remainder of the year. The corporate all-in costs for people who look at that metrics were sitting at AUD 1,949 per ounce. As Duncan indicated, the revenue from gold sales was just short of last quarter's record high, despite the lower production, and the gold revenue benefited from record whole gold price received with all of our gold sales unhedged. As announced on the 22nd of June, annual production was revised to between 320,000 oz-350,000 oz for the year, or 160,000 oz-175,000 oz attributable to Gold Road, from our previous guidance of 340,000 oz-370,000 oz at the 100% level. The lower guidance reflects that the lower the planned ore mining rates in June, in the June quarter, will continue until the performance of the drill and blast is addressed, and both the ore and waste mining rates ramp up. As I've indicated, we've made, made positive steps with the drill fleet, and additional blasting, and we've already mobilized the fleet. It's just a case of getting that up and going. As a consequence of ongoing blending with low-grade stockpiles, the plant head grade may continue to be lower than the mine grade, obviously dependent on, how fast we, ramp up the performance in mining. While Gold Road is not revising the 2023 annual cost guidance, we are now expecting the cost to be up at the upper range of between AUD 1,540 and AUD 1,660 per attributable ounce. This guidance cost is largely reflecting the reduced gold production guidance along with the increasing rate of ore and waste mining in the second half of the year. As previously guided, the sustaining CapEx will increase in the second half of the year. That very much reflects the capitalized waste stripping, the third pebble crusher, and a TSF list that starts late in the year, really from about September. The pebble crusher, important piece of equipment for next year, but we expect that to be commissioned late in the year, and the benefits of pebble crusher upgrade will flow in from next year. Yep, I can talk to exploration, if you like. I should have bring it up. Sorry. Let me keep going. Gold Road continues to hold a diverse and prospective portfolio of exploration tenements throughout Australia, including Yamarna, Pilbara, and in Northeast Queensland. Gold Road's strategy remains unchanged and centered around making a meaningful discovery, and consequently prioritize the project that we see the greatest potential in. During the June quarter, the exploration active team prioritized activities on the Golden Highway, which is located within the Gruyere Joint Venture. We completed quite a large program of resource definition drilling there, with those resources being satellite pits to the Gruyere operation, and I'll cover them in a bit more detail on another slide. At Yamarna, we completed almost 16,000 m of drilling across mainly the southern project area, and along the strike to the south of the Gruyere mine at the Hopwood prospect. Further exploration work in this area will continue into the next quarter. At Mallina, we continue with our first RC drill program over on the western tenement package, and drilling over there has intersected some encouraging mineralization. Sorry, encouraging alteration, with assay results still coming in and drilling continuing into this quarter. Additional diamond drilling and surface samplings programmed there also as scheduled. In Queensland, land access has been secured during the June quarter, with field spit work also commencing. That list station includes surface mapping, soils, rock chip geochemistry, some remote sensing and geophysics is also scheduled. We're aiming to delineate a pipeline of targets there. Testing of that now looks like it's going to commence from early next year. Moving to the next slide, at the Golden Highway, as I mentioned, a lot of strong numbers you can see up on the slide pack here. I'll let you review those in detail. Really, most of that program really is infill drilling of the resource and reserve. We've now completed the work to complete the resource definition drilling program. Pretty much fully understand the strike extent of the resources over about 14 km on the Golden Highway trend. We're in the process of updating the resource model, and once that's finished in the next few weeks, we'll be able to start getting into feasibility-level studies on the Golden Highway, which we aim to commence during the second half of the year. Ultimately, we're preparing for mining activities to start from 2026. Okay, I'll now hand over to John Mullumby, who will take you through the financial results. Thanks, Duncan. We're especially the usual slide here, which provides a good synopsis of the cash flows for the quarter and our financial position as at the end of June. That production from Gruyere, which I'm going to just walk you through in detail, provided a very healthy operating cash flows of $68.3 million for the quarter. It actually was pretty close to the record operating cash flows from Q1. This in turn allowed Gold Road to generate over $30.4 million of free cash flow for the quarter. As at the end of June, we had on hand, unsold ore and bullion of $5 million, and as a result, our cash equivalents have grown from $128 million at the start of April to just shy of $160 million at the end of June. A very strong quarter financially for us and cash flow-wise, in part, again, attributable to the fact that we remained unhedged across the quarter and were able to fully exploit the strong gold price environment, which saw our revenues for the quarter over AUD 113 million. Again, just shy of the record set in Q1 earlier in the year. On this slide, not too much else to talk to, really. Quite a standard quarter for us. No, no real abnormalities or one-offs. I'll basically close off by saying that as at the end of June, we remained debt-free. Our listed investments are valued at AUD 416 million at the end of June, and our revolver facility of AUD 150 million is sitting there untapped and ready for us to use at any point going forward. Thanks. Now back to Duncan Hughes. Thanks, John. That brings our results presentation to a close. We'd now be very happy to answer any questions you may have, so I'll hand the call back to Zach for any questions via the phone. As a reminder, please feel free to lodge some questions through the webcast also. Thank you. If you wish to ask a question, please press star one on your telephone and wait for your name to be announced. If you wish to cancel your request, please press star two. If you're on a speakerphone, please pick up the headset to ask your question. If you wish to ask a question via the webcast, please type it into Ask a Question box and click Submit. Your first question comes from Hugo Nicolaci from Goldman Sachs. Please go ahead. Morning, Duncan and team. Thanks for the update this morning. Good to see on the cost guidance piece that the range has been maintained, we're just moving to the upper end. I was just curious, are there any moving parts in that cost guidance, like a cost deferral or timing impacts, maybe around the pebble crusher that might have helped to keep us in that original cost guidance range? No. If anything, there's a bit of pressure on the total cost of pebble crusher. You know, timing-wise, it's all happening this year. Great. Thanks for that. Just the second one, again, you know, great to see continued cash generation in the business. You know, how do you think about cash usage beyond the current CapEx and exploration profiles at this stage? look, I guess we're a company focused on, on growth, I guess, primarily. we will maintain a strong balance sheet. obviously, we have a substantial portfolio of investments, and there may be calls on cash to maintain our strategic position, primarily in Gruyere. we'll just have to see where that one travels over time. probably being a key issue that we can see that's in front of us. You know, Hugo, as well, we've got a dividend policy, so, 15%-30% of that free cash, goes back to our investors as well. Yeah, brilliant. Thanks for clarifying, guys. I'll pass it on. Thanks. Your next question comes from Bradley Watson from Bell Potter. Please go ahead. Good morning, everybody, and thanks for the update. I've set some questions, please, around—f irstly, on, in the quarterly, you mentioned the, the new mining contract, is starting to kick in and there'll be more fleet and more total material movement. Can I just please check? Yeah, I think you might have guided previously, what kind of total material movement are you sort of expecting going forward in the next period after that's all wrapped up? When it fully gets going and stabilizing, so this gets into next year, we'll be up around the 50 million- ton total movement rate per year. Okay. Thank you. Just a couple of questions around the catch-up equipment that you've brought in for this current period. I guess sort of a three parter. You know, it sounds like there's quite a bit more gear going in into the pit floor. I just wanted to get a sense for how much room there is for everything. Is there plenty of space, or does it start to get a bit congested? How long do you think you'll have that extra equipment for? You know, it's coming sort of late September, it might all be going. How much catch up do you think you might get on the previous, previous guidance, with that equipment in perhaps, you know, three or four months? Yeah, the additional fleet coming in, I guess, probably different parts to that. It's a basically a new drill rig fleet, and that's part of the commitment of the new contracts, probably helped by the new ownership of MACA. The site is properly capitalized with better quality gear. The excavator and additional trucks were basically planned and will be required longer term, so they've been brought forward slightly, but it was always planned to ramp up the mining rate. In terms of floor areas, look, we've got really a main ore mining area down in the bottom of stage three. There's really nothing that's chasing the mine plan there, and we need to keep those benches turning over. The area that we need to push hard at is stripping in Stages 4 and 5. I think all of that is, is doable with good management. You know, really, we're on a direct- well, there's kind of two intersecting pieces. We've fallen a bit, a bit behind movement that we needed to be in the first half of the year. We're now accelerating the ramp-up of that fleet to recover some of that movement and, and then get us to what needs to be the sustainable movement rate for the mine looking forward. Okay. Thank you very much. That's all for me. Once again, if you wish to ask a question, please press star one on your telephone and wait for your name to be announced. Or if you wish to ask a question in the webcast, please type it into the Ask a Question box and click Submit. We'll pause for a moment to allow participants to register their questions. Okay, thanks, Zach. While that's happening, we've had a few questions through the webcast. The first one is from Peter. It's a question: Why are you unhedged as a gold company when most of your ASX peers have a hedge book? What is your strategy with regards to hedging? Thanks, Duncan. It's, it's John here. I'll just reiterate our position on hedging, which has remained unchanged. Gold Road has hedged in the past, and we're open to hedging in the future, but it has to be done to manage a material risk or an investment of strategic materiality. Typical examples that would basically warrant Gold Road having a hedge book again in the future would be having debt on our balance sheet that requires repayments, a high cost cutback in the pit, or a large capital investment which is known in the short to medium term, that would require or would warrant hedging also to, to protect our margins and cash flows. That's our position currently in regards to hedging. Thanks, John. Certainly, a good time to be unhedged with, such high spot gold prices. Next question is from Sabrina. Sabrina is asking: Do you have an idea when drilling results may be available from the recent Mallina drilling? Thanks, Duncan. It's Andrew here. Yes, we're actually starting to receive the results from the Mallina drilling now. We expect that program to be completed by Wednesday this week, then full receipt of all assays is in the next two to three weeks, is the timeframe we're looking at. Thank you. I have another question here online from Tom. Probably one you, you touched on earlier, Duncan, but how is Gold Road planning to deploy the growing cash balance? Yeah, I think that was probably covered. As mentioned, we have a dividend, dividend policy, and I anticipate that will play out, continuing within the policy standard. I also, I guess, indicated there could be some demands on cash to maintain strategic position in investments. Thanks. That's, that's everything from the webcast that I have in front of me. Zach, are there any more questions from the phones? Your next question comes from Meredith Schwarz, from Bank of America. Please go ahead. Good morning, Duncan and team. Just a quick one from me. On exploration, I was just wondering if you could give a rough breakdown on exploration spend by project. You know, going forward, are you planning to maintain your AUD 30 million exploration spend on an annual basis going forward? Look, I guess exploration at a strategic level, you know, we've been around about the AUD 30 million mark. I guess that we see is probably about the right allocation if, you know, we want to maintain and grow the business through exploration. Obviously, exploration, you can have a bit of a dry spell, and then suddenly, a couple of drill holes change your life. In terms of the allocation, this year, about AUD 15 million into Yamarna, about AUD 5 million into Mallina, probably a similar level into Northeast Queensland. Then, there'll be some, you know, shuffling of money around late in the year according to where the best targets are, bringing us up to the total. I guess broadly, you can see within our portfolio, we are moving the weight of emphasis from Yamarna into some of our other properties, and, you know, pretty much be depending on results as to what the allocation of expenditure is next year and beyond. Yep, great. Could I also ask another one? You know, on the, you know, the June quarter production, you drew on stockpiles to maintain mill throughput. With the stockpiles running down, does that pose any risk for, you know, for the future, and if there is any production issues, that you won't have that stockpile material to, you know, feed into the mill? I can't remember the exact stockpile balance, it's something more than 5 million tons. There's at least six months of, you know, inventory there. I mean, that can help obviously us juggle if there's any shortfall out of the mine or if there is some, you know, catastrophic, you know, force majeure type event, you know, major rain events or, or geotechnical issues, those kind of things that occasionally can happen in mining. Okay. Yep, you do have a buffer there? Yeah. Yep, okay. Great. Thank you. That's all from me. There are no further questions at this time. I will now hand back the call to Mr. Hughes for his closing remarks. Thanks, Zach. Nothing else online either. That brings a close to our quarterly results call. Thank you all for your continued interest and support. I'll just close out with a summary of the quarter. Obviously, revised our annual production guidance, but happily retaining the all-in sustaining costs guidance that we set for the year back in January. Gruyere is still a robust project. It's been delivering record mine grades. The processing plant is running to spec. We just need to get more tons from the mine into the mill. Strategic investments stay strong, and we're very focused on growing the business through exploration. Generating AUD 30 million of free cash flow during the quarter was a good result, despite, you know, the production misses that we had, and our balance sheet stays strong. Look forward to speaking to you in another three months' time. Thanks, everyone, for attending. That does conclude our conference for today. Thank you for participating. You may now disconnect.