North American Palladium Ltd. (PAL) Q2 2012 Earnings Call August 9, 2012 9:00 AM ET Executives Camilla Bartosiewicz – Director, IR and Corporate Communication Bill Biggar – President and CEO Jeff Swinoga – VP- Finance and CFO Greg Struble – VP and COO Analysts Sam Crittenden – RBC Leon Esterhuizen – CIBC Heiko Ihle – Euro Pacific Capital Andrew Mikitchook – GMP George Topping – Stifel Nathan Littlewood – Credit Suisse Annie Zhang – Octagon Capital PresentationOperator
Good morning, ladies and gentlemen. Welcome to North American Palladium’s 2012 Second Quarter Results Conference Call and Webcast being held on Thursday, August 9, 2012 at 9 AM Eastern time. I would now like to turn the call over to Mr. Camilla Bartosiewicz, Director of Investor Relations and Corporate Communications. Please go ahead, Camilla. Camilla Bartosiewicz Thank you, operator. Good morning everyone and welcome to North American Palladium’s 2012 second quarter results conference call and webcast. The company’s financial results were issued yesterday, and they are available on our website at nap.com. Our presenters today are Bill Biggar, NAP’s President and CEO; Jeff Swinoga, Vice President, Finance and Chief Financial Officer, and Greg Struble, Vice President and Chief Operating Officer. Please be advised that the information discussed today is current as of August 8, 2012, unless otherwise indicated and that comments made on today’s call may contain forward-looking information. This information, by its nature, is subject to risks and uncertainties and, as such, actual results may differ materially from the views and expectations expressed today. For further information on these forward-looking statements, please consult the company’s relevant filings with SEDAR and with the U.S. Securities and Exchange Commission.