Karli Anderson | Vice President of Investor Relations |
Tony Jensen | President and Chief Executive Officer |
Stefan Wenger | Chief Financial Officer and Treasurer |
Mark Isto | Vice President of Operations |
Cosmos Chiu | CIBC World Markets |
Stephen Walker | RBC Capital Markets |
Andrew Kaip | BMO Capital Markets |
Lucas Pipes | FBR Capital Markets |
Good day, and welcome to Royal Gold's Fiscal 2018 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. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Karli Anderson, Vice President in Investor Relations.