Aurelia Metals Ltd (AUMTF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

I would now like to hand the conference over to Mr Brian Quinn, Managing Director and CEO. Please go ahead. Thank you very much and good morning and thanks for all joining today for the Early Metals Q3 update. I have Martin Cummings, our Chief Financial Officer, Angus Wiley, the Regional General Manager of the Kovar Region and Andrew Gray, our Chief Technical and Business Development Officer on the call with me today and we will obviously take questions at the end of the call for any one of us. Just to start off with, I'll talk about each page as I refer to the information. I will then pass on to Andrew, who will then pass on to Martin to talk through the cash flows and balance sheet. To start off with, look a strong production and cost performance for the quarter with both Peak and Federation Mine both working to deliver good results. We had a strong obviously gold delivery for this quarter which is in sequence with our mine plans for the full year and the business delivered a sort of good oil and sustain cost of $15.93 per ounce. and that's obviously been supported by very strong realised prices as well to give us a good margin for the quarter. I'll talk to some of the physicals in general when I get to each of the slides. Federation Mining ramping up nicely, obviously still within our approved budget and we are likely to move into commercial production in Q4 FY25 but definitely ramping up and we'll talk about some of the details of that at the relevant slide also. Our balance sheet and cash balance of $107 million for the quarter after really investing $19 million into Federation and also spending our monies on exploration as well is going very strong. A huge effort and performance from delivering $44.5 million from peak this quarter also with good volumes, good a...