Heliostar Metals Ltd. (HSTR) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you, everyone, for joining us today for the Helio Star Metals Q1 quarterly update covering our financial and operating results for the first three months of 2026. With me today is our CEO, Charles Funk, our COO, Greg Bush, and CFO, Vitalina Lisun, who will be presenting the results and giving an update of the business and the path forward for the remainder of the year. With that, I'll hand it over to you, Charles. Yeah, perfect. Thank you, Stephen. Very pleased to present our quarter this year for two reasons. One, it was a very strong quarter for us. Records on a number of fronts, including step up in our production profile, in the revenue and the mine operating earnings, the bit that actually matters. We were able to invest considerably in our assets, as we'll explain throughout the presentation. And we were able to keep our costs well under control for the quarter. a very strong quarter for us as we deliver on our plan for the company. If we move forward, please, Stephen, through the slides. I think the most pleasing part of what we've done for the quarter is our strategy is really clear. We are maximising cash flow, why the gold price is strong this year and next, and we're using that to build Annapoola, which is the next major build we have in plan that we plan to commence in the second half of next year. and take us to a long stated goal of being a 500,000 ounce a year producer. We're doing that on the back of very strong production, as now Stephen's caught up, thanks for the slides, on that quarter for gold and silver. And we'll go through the details that breaks down the records that we got in earnings, income, and our working capital, a big step up in our working capital. For those who don't know the company very well, the next slide breaks down our as...