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FireFly Metals (FFM) investor relations material
FireFly Metals H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Focused on advancing the Green Bay Copper-Gold Project in Newfoundland, with a significant resource upgrade and ongoing economic studies for mine development.
Entered into a binding agreement post-period to divest its Ontario Gold Assets, including the Pickle Crow Gold Project, to Bellavista Resources, with completion expected in April 2026.
Raised substantial capital through equity offerings in June and December 2025, strengthening the balance sheet for project advancement.
Financial highlights
Cash and cash equivalents at 31 December 2025 were $230.0 million, up from $99.9 million at 30 June 2025.
Consolidated net loss after tax for the half year was $0.7 million, a significant improvement from a $5.7 million loss in the prior period.
Other income rose to $13.0 million, mainly from fair value gains on financial assets and flow-through share premium income.
Total assets increased to $543.3 million from $368.1 million at 30 June 2025.
Outlook and guidance
Preliminary Economic Assessment (PEA) for Green Bay is scheduled for the first half of 2026, with a Feasibility Study in the second half.
Early works for mine development at Green Bay are planned, subject to permitting and seasonal conditions.
Funding strategy remains flexible to support upscaled mining operations as studies progress.
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