Geodrill Limited (OTCQX:GEODF) Q4 2024 Results Conference Call March 3, 2025 10:00 AM ET
Company Participants
Dave Harper – President and Chief Executive Officer
Greg Borsk – Chief Financial Officer
Conference Call Participants
Donangelo Volpe – Beacon Securities
Gordon Lawson – Paradigm Capital
Donangelo Volpe – Beacon Securities
Operator
Good morning, ladies and gentlemen, and welcome to Geodrill’s Fiscal 2024 Results Conference Call. At this time, all participants are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session. [Operator Instructions] I would like to remind everyone that this conference call is being recorded today, March 3, 2025.
Before we begin, certain statements made on today’s call by management may be forward-looking in nature and, as such, are subject to various risks and uncertainties. Please refer to the Company’s press release and MD&A for more details on these risks and uncertainties.
I will now turn the call over to Mr. Dave Harper, President and CEO of Geodrill. Please go ahead.
Dave Harper
Thank you, operator, and good morning, everyone. Welcome to Geodrill’s fiscal 2024 conference call. Joining me on the call today is Greg Borsk, our Chief Financial Officer. Let me begin.
2024 was a transformative year for Geodrill in which we strategically pivoted into new higher potential markets with lower risk jurisdictions. This approach has mitigated risks, but also allowing us to tap into new opportunities with the ultimate aim of driving growth for our shareholders.
In 2024, we achieved several significant milestones. We have effectively mitigated risk by building a diverse client portfolio of well-funded top-tier mining companies in safe jurisdictions. This strategic move has fortified our position in the industry and enhanced our resilience. Despite operating in a highly inflationary period with rising costs, we’ve achieved record revenues, strengthened our balance sheet and remain highly profitable. These accomplishments underscore our financial
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