29Metals Limited (29M) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning all. James Palmer here and thanks for joining this 29 Medals update for the September quarter 2025. Today we'll be speaking to the presentation released this morning alongside our September quarterly report. Joining me are Ed Cooney, our Chief Operating Officer, Peter Herbert, our Chief Financial Officer and Christian Stella, our Group Executive, Corporate Development. Today we'll provide some details on our plans for the rest of the year at Golden Grove given recent events and talk through the ongoing progress being made by the team at Capricorn Copper. Slide four lays out our key priorities. They remain the same as when I spoke to you three months ago. Health and safety first always. Mid single digit TRIF and an LTIF of zero, reflecting zero lost time injuries for the 12 months to the end of September quarter. Massive credit for the teams across the business, living our most important company value, safety, particularly when faced with adversity. Safety first, always, even when it's hard, in fact, especially when it's hard. And across the group, discipline in productivity and cost improvements, which remains the focus. At Golden Grove, even as we work through the challenges, maximising operating cash flow, efficient capital allocation to maximise long-term value guides our decision-making and, of course, we remain focused on delivering Gossan Valley for first door by the end of 2026, which remains on track. At Capricorn Copper, the team continues to make steady progress on the imperatives for a successful and sustainable restart. Now to slide five to talk through the September quarter in more detail. Our safety metrics continue to improve. Our 12-month rolling TRIF and LTIF both down quarter on quarter. A good outcome and a result of remaining focused ...