Metro Mining Limited (MMI) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, everybody. Thank you for joining us once again. We have the quality webinar presentation from Metro Mining to be presented by CEO and Managing Director, Mr. Simon Wensley, and the Chief Financial Officer, Mr. Nathan Quinlan. He'll be walking us through the finer points. of the quarter just passed and milestones hit and the outlook for the coming weeks and months ahead. We'll have time for Q&A at the end and I remind you this webinar will be recorded and available for playback later on. I hand it over to you Simon. Thanks Peter and good afternoon to everybody. Thanks again for joining us and for your interest in So I might just share the release from this morning so that we can do a brief run through and we'll leave plenty of time for questions afterwards. Sorry, so... Okay. Can you see that, Peter? Yes, that's coming through. Yeah, great. Okay, well, look, this was released on the ASX this morning, and obviously calendar first quarter of each year is, from a production point of view, a slow quarter or a low quarter. Obviously, there are lots of other activity going on, and we'll talk through that. But so... The course has started, as you might remember. We did have a vessel ready to load at the end of December going into January. Unfortunately, the monsoon season had set in and a window did not present itself to be able to load that vessel. So we negotiated to defer with the owners and the customer to defer that vessel until the restart of operations. And that, of course, affected our I guess receipts and Nathan's going to touch through the financials in a little bit but what it did mean though is that we had a significant amount of stock on the ground that had been already mined a lot of it had already been screened and some of it was even loaded on ...