David Rochekelly
Analyst, Phoenix Research
Replay available
Valterra Platinum Limited (LSE: VALT) Q4 2025 earnings conference call, held 2026-02-25. Replay captured from the company's public earnings webcast.

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Good morning, ladies and gentlemen. I'm Leroy Munguni, Head of Investor Relations for Volterra Platinum. Thank you for taking the time to join us for our 2025 final results, both in person and online. Let me start by welcoming our board members who are here with us in the room today, as well as our executive leadership team. From a housekeeping perspective, we do not have any fire drill planned for today. Therefore, if you hear an alarm, we request that you exit the venue safely through the doors at the back. For those of you that are near the front, please note that there are exits on either side of the venue on the lower level as well. Our fire marshals and security officials will be stationed outside the venue and will escort us to a designated assembly point. To draw your attention to the cautionary statement, I would encourage you to read it carefully in your own time. Now for the agenda for today. Craig Miller, our CEO, will take you through a brief overview of the significant milestones achieved during 2025, followed by a review of our operational and market performance. Sayuri Naidoo, our CFO, will then take you through the financial results. Finally, Craig will wrap up the presentation. As usual, we've allocated time for Q&A at the end of the presentation. I'll now hand over to Craig. So thank you, Leroy. Good morning, everybody. And once again, thank you for joining us. I'd like to begin by reflecting on safety. So tragically, we lost two of our colleagues in work-related fatalities during 2025. Mr. Felix Kore at Unki Mine on the 20th of April, and Mr. William Nkenke at Amundables Tshaba Mine on the 22nd of July. We extend our sincerest condolences to their families, friends, and colleagues. The lessons learned from these tragic incidents are being implemen...