Eldorado Gold Corporation (NYSE:EGO) Q2 2023 Earnings Call Transcript

George Burns: So what we’re saying is that we’ll have a number of major contracts finalized. And that will inform the cost estimate. So we’ll update the market as to any changes there. And in terms of productivities, to-date, the productivities we’re seeing on construction are consistent with the estimate. So we’ll have another quarter worth of activities on the ground to take a look at but I wouldn’t say we’re going to be in a position where we’ve got a lot of intel on productivities. So far things are as expected. And as the construction ramps up, as we said, we’re going to be approaching 900 people, next year is when we’re really going to get a taste of the productivities versus the feasibility study. But last year, we did the cladding and building around the mill that came in as planned.

We’ve begun to do some roadwork; we’re starting to pour some concrete for the primary crusher. There is some data coming in, but it’s aligned with the estimate. So it’s just simply another data point in Q3 with major contracts being let a little bit more construction to activity on the ground. And we’ll take a fresh look at the estimate and inform. But you shouldn’t be reading in that we’re concerned about anything right now. It’s going to be another normal data point in a construction project like this.

Operator: That’s all the time we have for today. And this concludes the question-and-answer session and today’s conference call. You may disconnect your lines. Thank you for participating and have a pleasant day.