CALGARY, Alberta, March 28, 2022 (GLOBE NEWSWIRE) Helium Evolution Incorporated ("HEVI", "Helium Evolution" or the "Company"), a Canadian-based helium.
Greetings. Welcome to Antero Resources First Quarter 2021 Earnings Conference Call. [Operator Instructions].
At this time, I ll turn the conference over to Mr. Michael Kennedy, Senior Vice President of Finance. Mr. Kennedy, you may begin.
Michael N. Kennedy
Senior Vice President-Finance and Chief Financial Officer-Antero Midstream Corporation
Thank you for joining us for Antero s First Quarter 2021 Investor Conference Call. We ll spend a few minutes going through the financial and operational highlights, and then we ll open it up for Q&A. I would also like to direct you to the homepage of our website at www.anteroresources.com, where we have provided a separate earnings call presentation that will be reviewed during today s call. Before we start our comments, I would like to first remind you that during this call, Antero management will make forward-looking statements. Such statements are based on our current judgments regarding factors that will impact the future performance
The supply and demand fundamentals for precious metals markets got thrown into disarray this year, leading to heightened volatility – first on the downside, then on the upside.
Although gold and silver will finish 2020 below their highs for the year, gold is still headed for an annual return of close to 25%; silver around 45%.
Can hard assets investors look forward to further price appreciation in 2021?
Yes, but…there are some near-term risks to the favorable long-term supply/demand outlook.
Assuming economic conditions begin normalizing next year, we would expect demand – especially from industrial users – to increase. Mine production would likely rebound as well.