Thungela Resources Limited (TGA) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day everyone and welcome to Tungela's 2026 interim results presentation. I'm Hugo Nunes, Head of Investor Relations, and I'd like to take a couple of minutes to introduce today's agenda and to explain how the day will run. Joining us on the call today is Moses Madondo, our Chief Executive Officer, and Dion Smith, our Chief Financial Officer. Moses will begin with an overview of the group's performance for the first half of 2026 and provide an update on market conditions and key industry drivers. Dion will then take you through the financial results for the period. Moses will conclude the presentation before we open the line for questions. Turning to Q&A. For those wishing to ask questions directly, we ask that you please join the session using the conference call facility provided, as we can only take direct questions through this facility. In order to ask a question during the Q&A session, please dial star 1 on your keypad and this will register your intention to ask a question. Once the Q&A session starts, the operator will then open your line and ask you to go ahead with your question. For those joining via the webinar, you will have the opportunity to submit questions via text. Over to you, Moses. Thank you, Hugo. Good afternoon and good morning to those joining us on the call today. June, 2026 marked five years of Tungela's existence as a standalone listed entity. In these five years, we have created and returned value to our shareholders and stakeholders. We have done this by reshaping the portfolio, advancing life extension projects, and maintaining the financial flexibility required to build resilience through the cycle. In this period, we returned just over 23 billion rand to shareholders through dividends and share buybacks, as well as approximately 2 ...