Aeris Resources Ltd (ARSRF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Okay. Good morning, everyone. I think we can kick off the quarterly presentation for ERIS resources. Just a few suggestions. So there's a chat room. If you want to put questions in the chat room, we will answer them at the end of the presentation. You can also select the raise hand option, and then we will unmute you to ask questions. We will kick off the presentation. The second quarter was in line with what we have seen in the first quarter with 10,200 tons of copper equivalent production. The cost was, again, well managed at $4.93 a pound. It's down from the first quarter. Cash and receiver was stable and the operational cash flow from operations has improved quarter on quarter. Krakow once again had a very good quarter, well managed on both production and costs. And we can see that Krakow will continue with their performance. Although we have seen lower production from Triton at 3,900 tons of copper, there was a few challenges for the quarter, which we'll go into a bit more detail, but they've all been addressed and we're still seeing Triton achieving its annual guidance. And we'll go into detail as we talk through. Mount Collin, another good quarter, 1,900 tons of copper that was produced at an all-state cost of 284. That is nearly the end of Mount Collin. There's still some tons which will be processed in this quarter, but the mining has ceased by the end of November last year. Jaguar starting to look very promising. We presented to the board the final scenario of how we would want to start it up. And we have approved by the board the advancing the studies to feasibility study level. And we'll get into a bit more details. Consolation drilling, very successful drilling. We'll talk a bit on some of the results. And as you would have seen on Friday, we have now re...