Ramelius Resources Limited (RMS) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you for standing by and welcome to the Remelius Resources December quarterly conference call. All participants are in a listen-only mode. If you wish to ask a question, you will need to press the star key followed by the number one on your telephone keypad. I would now like to hand the conference over to Mark Zepna, Managing Director. Please go ahead. Thank you, Travis. Good morning, everyone. Thank you for taking the time to dial in this morning. In addition to the quarterly report, we've also released a presentation that we'll largely speak to during the call. Both documents have been uploaded on the ASX platform and will be available on the website shortly. Once again, I am joined by our CFO, Darren Millman. Darren will provide some detail on the financials after I've run through the highlights and touched on the operational performance in our development project. As always, there will be an opportunity for listeners to ask questions at the end. For those who have downloaded the presentation deck, I will be initially speaking to slide 3. I will focus on the highlights and key achievements for the quarter. I would like to point out that there is a large amount of detail on exploration, operations and project development within the quarterly report itself. On slide 3, operationally and financially, the December quarter was exceptionally strong with the business generating a record and also sector leading $174.5 million in underlying pre-cash flow. After considering our additional investment in Spartan during the quarter of $68 million and the payment of our FY24 $0.05 per share dividend, our closing cash and gold position was just over $500 million. Our quarterly gold production was 85,311 ounces, which was a 37% increase on the prior quarter, noting also just...