Meridian Energy Ltd (ASX:MEZ)
A$ 5.22 -0.29 (-5.26%) Market Cap: 14.25 Bil Enterprise Value: 15.30 Bil PE Ratio: 36.27 PB Ratio: 1.89 GF Score: 75/100

Meridian Energy Ltd Business Update and Investor Call Transcript

Jul 09, 2020 / 10:00PM GMT
Release Date Price: A$4.4 (-10.20%)
Operator

Good morning, everyone. It's Owen Hackston speaking, Meridian's Investor Relations manager. I'm joined on this morning's call by Neal Barclay, Chief Executive; and Mike Roan, Chief Financial Officer. In terms of the format of today's call, we'll work through the brief pack that was attached to our market release this morning, and then we'll move to question time. When we get to that point, can you please follow the instructions of the call moderator who'll come online and talk you through how to queue a call. Thanks for that. And now I'll pass it over to Neal.

Neal Barclay
Meridian Energy Limited - CEO

Good morning, everyone. I'm sure you've all caught up with the news, and are obviously interested in what we've got to say on this call. We do have a brief pack. We'll try and add some color and a bit more of the backstory as we go through it. As you're aware, Rio Tinto are terminating the contract as of the end of August 2021. In terms of when Meridian found out about this, it was exactly the same time as everybody else. I heard on the phone, and pretty well at

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