Pacific Edge Ltd Trading Halt Transcript

Jun 06, 2023 / 11:00PM GMT
Chris J. Gallaher - Pacific Edge Limited - Independent Non-Executive Chairman of the Board

Welcome, everybody. It will be -- it's especially good to welcome David Levison from the U.S., our President of PEDUSA; Peter Meintjes, our Chief Executive Officer; and Grant Gibson, our Chief Financial Officer.

It's going to be particularly good to hear from David Levison who is at the (inaudible) in the U.S. We believe we're going to have a large number of people on this call. So that -- fingers crossed, the technology holds up under the volume of our participants.

Without question, it's been a very challenging few days for everybody; shareholders, staff, Board and other stakeholders. When Pete called me on Saturday morning and asked if I was sitting down, I knew immediately what the news was going to be. We're the #1 risk on your strategic risk register, one with [assessed] low probability, but very high consequences manifest, then your mitigation processes kick in.

The Board met on Saturday, and we have immediately formed a subcommittee of the Board to deal with this issue and that

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