Half Year 2022 Central Asia Metals PLC Earnings Call Transcript

Sep 14, 2022 / 08:30AM GMT
Nigel Francis Robinson - Central Asia Metals plc - CEO & Director

Well, good morning, and welcome to Central Asia Metals plc's H1 2022 Results. Firstly, before we commence, can I just pass on our -- from the company, the CAML Board, myself personally and all the staff at Central Asia Metals plc our sincere condolences to King Charles III and the royal family for their loss and express our utmost respect and gratitude for the life and [science] of Her Majesty Queen Elizabeth II, a loving mother, a wonderful woman, an absolutely fantastic and loyal monarch and leader.

Just flicking through the slide to standard disclaimer, first of all. Against such (inaudible) background, we have some positive results to announce for our performance in the first half of this year. We generated record EBITDA of close to $75 million, up from $64 million in the comparable period in 2021. That's a margin of 63%, up from 61% and that generated free cash flow for the company of $52.1 million. On the balance sheet, we ended the period with net cash of $37 million, almost an actual cash of $57 million. But post the

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