Aurelia Metals Ltd (AUMTF) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thanks, Rocco. Look, I'm Brian Quinn, Aurelia Metals Managing Director and CEO. And on behalf of our team and the board, I'd like to provide you with some key points from quarter one of FY26. And I do thank all of you for joining us today on the call. I know it's a busy time. I'm joined by Aurelia Metals Chief Financial Officer, Martin Cummings, our Chief Business Development Technical Officer, Andrew Graham, and our Cobar Regional General Manager, Angus Wiley. We'll run through the presentation and then take questions after the presentation. In today's presentation, we'll be referring to the slides released in today to the market, and we'll spend additional time on any illustrations we pack to cover anything important. Just to kick off, look, first and foremost, it's a strong start to the year for us in terms of quarter one. production definitely in line and on track against executing our strategy across the business. Metal production and cost very much on track and our cash position has remained robust at 124 equity on the back of 84.8 gross revenue sales and improving cost per ton results. This has delivered approximately 24 million cash from operations, which if you exclude sustaining capital, This strong result were underpinned by a focus on ongoing productivity improvement projects across the business, especially at peak. I'll talk to some more of these physical results as the presentation progresses. And Martin will talk to some of the financials in the balance sheet later as we have the discussion on the balance sheet. One important thing, obviously, the business is in great shape and our growth continues to be self-funded, which is important for us as a business because that's what we're committed to do. If I just talk about Federation, the ramp-up is defini...