Australia · Delayed Price · Currency is AUD Astral Resources NL Earnings Call Transcripts
Fiscal Year 2026
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Resource growth at Mandilla and Nampaman reached 2.8 million ounces, with ongoing drilling and development at multiple sites. Revenue from Spargoville and Kamperman is expected by next December, and updated resource estimates for Feysville and Spiders are underway.
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Mandilla's DFS is delayed to March 2027 due to ownership complexities, but strong cash reserves and a JV at Feysville will provide early revenue. Drilling at Mandilla and other projects is expanding resources, and current gold prices significantly boost project economics.
Fiscal Year 2025
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Resource base has grown to 1.8 million ounces with efficient, low-cost exploration and high conversion rates. Robust financials and a strong cash position support an aggressive development schedule, targeting first gold by December 2027. Institutional ownership and share price have both increased significantly.
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Resource base has grown to 1.8 million ounces with low discovery costs and high conversion rates. Pre-feasibility shows robust financials, and aggressive development targets first gold by December 2027. Infrastructure and recent acquisitions support de-risked, cost-effective growth.
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A major gold project in the WA Goldfields is advancing with 1.8 million oz in resources, robust pre-feasibility results, and aggressive development plans. Drilling and permitting are on track, with first gold targeted for December 2027.
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A multi-hub gold project in Western Australia boasts 1.8 million ounces in resource, robust financials with over 100% IRR, and a one-year payback. Ongoing drilling, strong funding, and an aggressive timeline target first gold by late 2027.