Alistair Baker | Director, Business Development |
Tony Jensen | President & CEO |
Bill Heissenbuttel | CFO & VP, Strategy |
Mark Isto | VP, Operations |
Dan Breeze | VP, Corporate Development, RG AG |
Bruce Kirchhoff | VP, General Counsel & Secretary |
Shane Nagle | National Bank Financial |
Tanya Jakusconek | Scotiabank |
Mike Jalonen | Bank of America |
Greg Barnes | TD Securities |
Good afternoon and welcome to the Royal Gold, Inc. Fiscal 2020 First Quarter Conference Call. All participants will be in listen-only mode. [Operator instructions]. After today's presentation there will be an opportunity to ask questions.