Greatland Resources Limited (GGP) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by. Welcome to Great Lion Resources March Quarter 2026 Investor Call. All lions have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question, please press star, then the number one on your telephone keypad. If you'd like to withdraw your question, again, press star one. Thank you. I would now like to turn the conference over to Sean Day. Managing Director of Greatland. Sean, please go ahead. Thanks, Krista, and welcome, everyone. I'm pleased to present Greatland's March 2026 quarterly result. I'm joined on the call by Monique Congley, Chief Financial Officer, Rowan Krasnoff, Chief Development Officer, Otto Richer, Chief Operating Officer, plus Andrew Bowler, Head of Investor Relations. If we turn across to really the first content slide, slide five, we delivered another strong quarter producing 82,000 ounces of gold plus 4,000 tonnes of copper. All in sustaining costs came in at $2,056 Australian dollars per ounce, which was below the lower end of our full year guidance, which is a range of Australian $2,400 to $2,800 per ounce. Year-to-date, we've now produced 250,000 ounces at an all-in sustaining cost of Aussie $2,136 per ounce. This division does vary strongly for the full-year FY26 outcome, and we said that we expect production to be around or slightly above the upper end of guidance with all-in sustaining cost towards that lower end of guidance. In the quarter, we sold 98,000 ounces of gold and 4,600 tonnes of copper. This delivered revenue of $742 million, operating cash flow above $450 million, and most importantly, you saw that record cash build of $260 million for the quarter. That allowed us to close March with over $1.2 billion...