ACG METALS LIMITED (ACG) — H1 2026 Operations Update

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to the ACG METALS LIMITED H1 twenty twenty six Operations Results Investor Presentation. For this recorded presentation, investors will be in listen only mode. Questions are encouraged and they can be submitted at any time using the Q and A tab situated on the right hand corner of your screen. Simply type in your questions and press send. Before we begin, I would like to submit the following poll. I would now like to hand you over to the management team of ACG METALS LIMITED. Artem, good afternoon to you. Thank you very much, and, hello, everyone. Appreciate your tuning in to listen, to our simple, story. So just a reminder to everyone, I'm Artem. I'm Chen, CEO of ACG, and I'm joined here by Patrick, our CFO, and Graham, our vice presidents for projects. So where we are today is essentially closing on the final days of completing our transition from production of gold into production of copper. The numbers you see in front of you, revenues and adjusted EBITDA for the last year, which was from production of gold and silver dore. And as we move into production of copper concentrate and zinc concentrate, our guidance for the year is 20 to 22,000 tons of copper equivalent, and that includes the production of gold and silver from our oxide material, which we'll talk to you in details. Obviously, as we moved through the CapEx, the net debt has increased. But as of now, all the CapEx is spent. And as Graham will tell you, we are in the final days now starting commissioning of the project to reach first production by the end of the summer. Why are we doing all of that? Very simple. There remains a big believers in the copper upside with demand growing very strongly from new sectors of the economy, global economy, such as AI data centers, robotics,...