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SEMAFO's (SEMFF) CEO Benoit Desormeaux on Q4 2019 Results - Earnings Call Transcript

Mar. 04, 2020 12:49 PM ETSEMAFO Inc. (SEMFF)
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SEMAFO Inc. (OTCPK:SEMFF) Q4 2019 Earnings Conference Call March 4, 2020 10:00 AM ET

Company Participants

Ruth Hanna - Investor Relations

Benoit Desormeaux – President and Chief Executive Officer

Martin Milette - CFO

Sylvain Duchesne - Vice President, Engineering and Construction

John Jentz - Vice-President, Corporate Development & Investor Relations

Patrick Moryoussef - Vice President, Mining Operations

Richard Roy - Vice President, Explorations

Conference Call Participants

Lawson Winder - Bank of America

Ovais Habib - Scotiabank


Good morning. My name is Jessica and I will be your conference operator today. At this time, I would like to welcome everyone to SEMAFO’s Fourth Quarter and Year-End 2019 Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions] Ruth Hanna, you may begin your conference.

Ruth Hanna

Thank you, operator. Good morning. Members of SEMAFO’s senior management team joining me for the call today are Benoit Desormeaux, President and Chief Executive Officer; Martin Milette, CFO; Sylvain Duchesne, Vice President, Engineering and Construction; John Jentz, Vice-President, Corporate Development & Investor Relations, Patrick Moryoussef, Vice President, Mining Operations and Richard Roy, Vice President, Explorations.

I would like to remind listeners that some of the matters to be discussed during today’s call may contain forward-looking statements. Forward-looking statements include, but are not limited to, items such as our expectations regarding the market price of gold, timetables, mining operation expenses, capital expenditures, guidance and reserve and resource estimates. Such statements are given as of the date of this conference call and involve risks and uncertainties. A number of factors and assumptions were made in preparing such statements, and actual results could differ materially. Accordingly, you should not place undue reliance on forward-looking statements. For additional information with respect to forward-looking statements, risks and assumptions, please consult our 2019 Annual MD&A as updated and

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