Bathurst Resources Limited (BTURF) Q2 2026 Earnings Call Prepared Remarks Transcript

SA Transcripts158.67K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Bathurst Resources Limited (BTURF) Q2 2026 Earnings Call February 26, 2026 7:01 PM EST Company Participants Richard Tacon - CEO & Executive Director Presentation Richard TaconCEO & Executive Director Hi, everyone. Thanks for joining me on the update of the first half of FY '26. We'll just flip through the results, and then I'll give you an update on where we're up to with our existing operations and our projects. Usual disclaimers, please do your own research before you buy or sell our shares. About Bathurst. Look, anyone that's been following the company for a while knows the story, but if you're new to us or you want an update, we are an operating company. So we've got 4 operations in New Zealand: Takitimu, Stockton, Rotowaro and Maramarua. We'll show you in a sec where they are located within New Zealand. We've also then got the Buller project, which is an extension project of the Stockton mine. Tenas and Crown Mountain are both in British Columbia in Canada, and they are all development projects, which add to our story. So just where we're up to today. Well, at the end of December, we had a share price of around AUD 0.69, market cap of AUD 166 million and a very low enterprise value of AUD 32 million. So at the end of -- we had a NZD 155 million in the bank at the end of -- Kiwi dollars -- at the end of December.

The team on your right is our Board. Peter, myself, Russell and Francois have been together since about 2015 when we restructured the company. And really that was based around the strategy, which I would like to take you through now. So it was always about getting stable operations -- stable, safe, profitable operations, which really centered around Takitimu