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    Daniel McConvey • Rossport Investments

    Daniel McConvey is the Founder, Managing Member, and Chief Investment Officer of Rossport Investments LLC, specializing in metals and mining sector investments with more than 35 years of industry experience. He directly covers and invests in listed equities and related positions across major global mining companies, leveraging deep sector expertise honed through over 200 mine site visits and a track record as an award-winning research analyst at Goldman Sachs and Lehman Brothers. McConvey began his career in operational finance roles at companies like American Barrick Resources, advanced to Vice President roles at Goldman Sachs and Lehman, and has led Rossport Investments since founding it in 2003. He holds undergraduate degrees from the University of Western Ontario and the University of Windsor, further supported by a reputation for strategic insight and successful metals sector investments.

    Daniel McConvey's questions to Mountain Province Diamonds Inc (MPVDF) leadership

    Daniel McConvey's questions to Mountain Province Diamonds Inc (MPVDF) leadership • Q1 2025

    Question

    Daniel McConvey asked about the company's ability to achieve positive free cash flow at current pricing, given the recent early access to the higher-grade NEX ore body. He also inquired about the challenges of retaining key personnel during the current difficult market and how the company is managing.

    Answer

    Mark Wall (President and CEO) explained that while the market is unpredictable, the NEX ore body is superior in grade and quality, and accessing it early is a key objective to improve revenue. Steven Thomas (CFO) clarified that the negative free cash flow forecast mentioned in the going concern note is a prudent accounting measure and that the company can adjust payment timings to mitigate actual cash shortfalls. Regarding personnel, Mark Wall stated that retaining people is a key focus, highlighting strong support from the Government of the Northwest Territories and partner De Beers. He confirmed no key personnel have been lost and that the situation is being managed very well.

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