Atalaya Mining Plc (ATYM) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, ladies and gentlemen, and welcome to the Atalaya Mining 2025 annual results. At this time, all participants are in listen-only mode. Later, we will conduct a question and answer session through the phone lines, and instructions will follow at that time. I would like to remind all participants that this call is being recorded. I will now hand over to the CEO of Atalaya Mining, Alberto Lavandera, to open the presentation. Please go ahead. Hello, everybody. Hello, everyone. Good morning. We are pleased to report our financial result for 25, which was a good year overall. I have with me Cesar Sanchez, CFO of the company, and I'm going to go direct to the presentation. During the last year, we produced 51,000 tons of copper, which was just in the high range of our guidance, improved guidance, and that was produced at a cash cost of around $240 per pound, and with all interesting cost of $290, which were both better than we had guided. This resulted in quite strong financial results, including a beta of 180 million euros, and a free cash flow of over 100 million euros. We ended up the year with 122 million euros in net cash on the balance sheet, and I should note that this does not include the money that we raised in the late January 26. As a result of this good performance, our board has posted a final dividend of 6.5 cents of euro. per share, which I will discuss a little bit later in the presentation. At the corporate level, we had some changes in the leadership of the retinto, including a new general manager. And I should also remind everybody that we were added to the FTSE 250 index following the re-domiciliation of to Spain earlier this year. Since then our liquidity has improved a lot and this is something that we had been promising and finally we delivere...