Franco-Nevada Corporation (NYSE:FNV) Q4 2023 Earnings Call Transcript

Candida Hayden : Our next question is from Bo Wicklander from Sweden. How is the current market environment in finding new high-quality streams and royalties? And how is the competition for the opportunities?

Eaun Gray : Thank you for the question. I think we covered a lot of that with Tanya and Lawson’s question. I would say competition remains relatively vigorous. That had, I think we’re benefiting significantly from our strong liquidity and cash flow position vis-a-vis some of our peers. A larger balance sheet helps us compete on a number of transactions. And also, we’ve demonstrated, I think, in a number of cases that we’re a partner of choice as people look towards project financing that we can offer a unique and very helpful solution, as you saw in terms of bigger transaction, that was very well conceived and I think received by the market.

Candida Hayden: Thank you, Eaun. There are no further questions from the webcast. This concludes our 2023 results — year-end results conference call and webcast. We expect to release our first quarter 2024 results after market close on May 1, with the conference call held the following morning. Thank you for your interest in Franco-Nevada. Goodbye.