Vista Gold Corp Q2 2024 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Heiko Ihle - H. C. Wainwright & Co., LLC - Analyst : Hello, Fred and team. How are you? Thanks for taking my questions. So you just got the final $10 million from Wheaton, gets you $20 million in the bank. Can you maybe just walk people through what you plan to do with some of this extra cash now that the royalty deal is done? I mean, is there any specific things that you plan on doing? Any spends that are going to happen at a higher rate now that more money is in the bank? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. JULY 30, 2024 / 8:00PM, VGZ.A - Q2 2024 Vista Gold Corp Earnings Call

Question: Heiko Ihle - H. C. Wainwright & Co., LLC - Analyst : Fred, you know I respect the way you spend money quite a bit. Okay. So you got the 3.5% royalty of the revised one on Mt Todd. I mean, your numbers have it as a nearly 50% reduction in payable royalties overall. Can you maybe walk us through the timing of when money then gets sent to the government once this thing is actually in production? Is it more front loaded, more back loaded? Can you maybe just give some color to the listeners on this call and what you expect to see?