Jupiter Mines Limited (JMS) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.241 Good morning and I would like to welcome everyone to the Jupiter Mines Q1 call. 00:00:05.241 -- 00:00:10.230 Today we have Jupiter Managing Director and Chief Executive Officer Brad Rogers and Chief 00:00:10.230 -- 00:00:14.659 Financial Officer Melissa North to provide a brief update on the first quarter of the 00:00:14.659 -- 00:00:20.369 2026 financial year and then we will open up to questions from callers. 00:00:20.369 -- 00:00:23.472 Thanks Brad, please go ahead. 00:00:23.943 -- 00:00:26.709 Thank you and thanks very much for joining the call everyone. 00:00:26.709 -- 00:00:31.919 As usual I will just give some overarching remarks in respect of the key points from 00:00:31.919 -- 00:00:34.504 the quarterly activities report 00:00:34.504 -- 00:00:39.534 that was released to the market this morning and then I'll allow time for any questions 00:00:39.534 -- 00:00:43.147 at the end of those opening remarks. 00:00:43.147 -- 00:00:47.632 So the quarterly activities report that was released this morning for the first quarter, 00:00:47.632 -- 00:00:52.818 the September quarter of our 2026 financial year summarises a very 00:00:52.818 -- 00:00:57.403 solid start to the year in line with our expectations. 00:00:57.403 -- 00:01:00.907 And I'll run through some of the details in a moment. 00:01:00.907 -- 00:01:06.414 But in summary, the operational outcomes in every respect were in line with what we expected 00:01:06.414 -- 00:01:11.601 and in line with our full year targets. We had costs that were pleasingly 00:01:11.601 -- 00:01:16.789 in control particularly given headwinds from a strengthening rand against 00:01:16.789 -- 00:01:21.857 the us dollar a build in cash at chippy notwithstanding 00:01:21.857 -- 00:01:27.045 chippy distribu...