Thungela Resources Limited (TNGRF) Q4 2024 Earnings Call Transcript

Thungela Sources Restricted (OTCPK:TNGRF) This autumn 2024 Outcomes Convention Name March 17, 2025 6:00 AM ET

Firm Individuals

Hugo Nunes – Head of IR
July Ndlovu – CEO
Deon Smith – CFO

Convention Name Individuals

Ephrem Ravi – Citigroup
Brian Morgan – RMB Morgan Stanley
Tim Clark – SBG Securities
Thobela Bixa – Nedbank

Hugo Nunes

Good day, everybody, and welcome to Thungela’s 2024 Annual Outcomes Presentation. I am Hugo Nunes, Head of Investor Relations, and I would prefer to take a few minutes to introduce right now’s agenda and clarify how the day will run. However first, enable me to attract your consideration to a few disclaimers forward of right now’s presentation.

Whilst you take a second to learn by way of the messages from our attorneys, we’ll begin with our CEO, July Ndlovu, who will share Thungela’s 2024 highlights and replace on the execution of our strategic priorities and the market. Our CFO, Deon Smith, will then speak by way of the monetary and operational efficiency for 2024. And after this, July will present the 2025 steering and conclude the presentation. This shall be adopted by a Q&A session, and we’ll then shut the decision at roughly 1:30. [Operator Instructions]

Earlier than I hand over to July, I need to draw your consideration to that until in any other case indicated within the presentation, operational and monetary figures associated to the Ensham enterprise in Australia in 2023 are based mostly on Thungela’s curiosity in Ensham for the 4-month interval between the acquisition date of 31 August 2023 to 31 December 2023. Now please enable me handy over to our CEO, July Ndlovu.

July Ndlovu

Thanks, Hugo, and good day to everybody on the decision. At this time, I am happy to share the 2024 annual outcomes with you. These outcomes display our continued operational excellence and disciplined execution of our technique. Security is and stays