Bannerman Energy Ltd (BMN) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello everyone and welcome to our quarterly webinar for the period into 30 June 2026. Thank you all for joining us today. For those of you that don't know me, I'm Emma Culver, Investor Relations and Communications Manager at Bannerman. We're joined today by our Managing Director and Chief Executive Officer, Gavin Chamberlain, who will shortly provide an update on Bannerman and the Otango project. Following this, we will jump into some Q&A. At the bottom of your screen, you will see a Q&A tab. Please open that up, write your questions in, and we will run through them at the end of the highlights. For now, I will hand over to Gavin, who is joining us from Namibia. Good morning, Gavin. How is everyone looking on site at Otango? And I will share my screen so we can run through these updates for the quarter. Morning, Em, and morning to all investors and stakeholders of the Corp. Yeah, and it's really exciting times, as you know. Every time we come to site, we see more progress. So I'm looking forward to taking everyone through the quarterly results and fielding some questions and answers. I think the highlight for the quarter was really our strategic financing progress in terms of the conditions precedent where we've made significant progress. and we still have confidence now that the final CPEs and transaction completion should be expected during Q3 of 2026. So that's really positive for us that allows us to move forward along the schedule that we've already planned and we're feeling confident that we'll actually achieve this. Over and above that as well is we had a strong quarter in terms of cash control as usual. As you know, we have strong discipline related to managing our cash flow. We ended the quarter with $53 million of cash assets and liquid assets of an additio...