Nickel Industries Limited (NIC) Earnings Call Transcript & Summary

Good morning, everybody, and welcome to this Extraordinary General Meeting of Nickel Mines Limited. My name is Robert Neale, and I will be chairing today's meeting. It is 1 p.m. on Australian Eastern Daylight Time. A quorum is present, and I declare the meeting open. Today's meeting has been convened in accordance with the Corporations Act. The running of this meeting has been impacted by COVID-19 social distancing rules, and hence, we are holding a virtual meeting by Zoom. Shareholders may ask questions during the meeting via Zoom. Questions can be either regarding the formal business of the meeting or subsequent to the formal business of the meeting. I would ask, unless asking a question, that you have your settings on mute. I would like to introduce your Board of Directors who are with us during the meeting today. Joining us are my fellow directors: Deputy Chairman, Norm Seckold; James Crombie; Weifeng Huang; Mark Lochtenberg; Dasa Sutantio; Yuanyuan Xu; and the Company Secretary, Richard Edwards. Justin Werner is currently at the Angel Nickel project and is unable to join us and sends his apologies. I now propose to deal with the formal business of the meeting. There will be a pause for members to ask questions about the business of the meeting and later about the company's activities. Today's resolution will be decided on a poll based on proxies that were submitted before the meeting. I now ask Cameron Peacock to bring up a slide summarizing the proxies received. I declare the poll open, and I will now vote all directed proxies in accordance with the directions approved by shareholders. Also as advised in the Notice of Meeting, I will also vote on all available undirected proxies in favor of the resolution proposed in this Notice of Meeting. The formal results of the poll will be notified to the ASX after the meeting and will be posted on the company's website. Resolution 1, as set out in the Notice of Meeting, is an ordinary resolution to approve the company to acquire a 70% interest in the Oracle Development Pte Ltd in accordance with the ASX Listing Rule 10.1 and for all other purposes. Are there any questions or comments in relation to this resolution? The proxies votes received on this resolution are currently displayed on the screen, and I declare the poll for Resolution 1 closed and the resolution passed. So ladies and gentlemen, that concludes the formal business of this meeting, and I declare the meeting closed. If you have any other questions, please use the Zoom function to raise your hand. The moderator will be able to unmute you at the appropriate time to ask your question. Subject to electronics, there appear to be no questions. So I thank you all for attending this AGM, and wish you well for the rest of the day.

Thanks, Rob. Thank you, everyone.