ACG METALS LIMITED (ACG) — Financial Results for the year ended 31 December 2025

Investor webinar replay

Replay transcript excerpt

Good afternoon and welcome to the ACG METALS LIMITED Investor Presentation. Throughout this quarter presentation, investors will be in listen only mode. Questions are encouraged and can be submitted at any time by the Q and A tab situated on the right hand corner of your screen. Just simply type in your questions and press set. Before we begin, I'd like to submit the following poll. And I'd like to hand over to the management team. Artem, good afternoon, sir. Hello. Thank you for finding time to speak to us. Pleased to present last year results, which we are happy with. Before we go into the financials, let me make a couple of overall comments. And today, Patrick, who is our chief financial officer, and me, chair and the CEO of the company. So what is ACG? It's eighteen months old company that have already generated quite significant cash flows. Last year, EBITDA $76,000,000. We are traded on the main board of the London Stock Exchange. We have 200,000,000 bonds outstanding, but the net debt is quite manageable at 55,000,000, which indicates that we are producing and generating very significant cash flows. Last year, we did just under 40,000 ounces of gold equivalent. This year is a transitional year for us. We are producing gold and silver dore for the first half of the year and then moving to the production of copper concentrate and zinc concentrate from the middle of the year as we complete our sulfide project building a flotation plant, which you have seen on on the picture of that on the first slide. The average target price between our four brokers is about £21, but our NAV per share is just shy of 40. So there are plenty of upside opportunities. We pride ourselves on focusing on health and safety first, and this continues to be our overall objective of operati...