Paladin Energy Ltd (PALAF) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.317 Thank you for standing by and welcome to the Paladin Energy Limited September 2025 quarterly 00:00:05.317 -- 00:00:07.179 results call. 00:00:07.179 -- 00:00:10.102 All participants are in a listen only mode. 00:00:10.102 -- 00:00:14.066 There will be a presentation followed by a question and answer session. 00:00:14.066 -- 00:00:17.670 If you wish to ask a question you will need to press the star key followed by the number 00:00:17.670 -- 00:00:20.673 one on your telephone keypad. I 00:00:20.673 -- 00:00:24.437 would now like to hand the conference over to Mr Paul Hembrough, CEO. 00:00:24.437 -- 00:00:26.898 Please go ahead. 00:00:27.757 -- 00:00:31.842 Good morning, everyone, and thank you for joining Paladin Energy's September 2025 quarterly 00:00:31.842 -- 00:00:36.989 investor conference call. With me today are NSILO Chief 00:00:36.989 -- 00:00:41.855 Financial Officer, Alex Rybak, Chief Commercial Officer, and Paolo Raffo, our Head of 00:00:41.855 -- 00:00:44.356 Investor Relations. 00:00:44.498 -- 00:00:48.343 We had a solid start in the first quarter of the financial year at Loma Heinrich, with 00:00:48.343 -- 00:00:52.969 mining activities increasing significantly and the overall ramp-up progressing steadily 00:00:52.969 -- 00:00:55.212 in line with our plan. 00:00:55.212 -- 00:01:00.146 I'd like to note from Paolo achieved at Lange Heinrichs during this quarter. 00:01:00.146 -- 00:01:04.472 Record quarterly production of 1.07 million pounds of uranium, the highest since the 00:01:04.472 -- 00:01:10.802 mine restart. Total material mined was up 63% from the previous quarter at the mine. 00:01:10.802 -- 00:01:13.927 Average realised price increased to $67.40 00:01:13.927 -- 00:01:18.774 per pound, while unit production cost...