Legend Mining
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Legend Mining (LEG) investor relations material

Legend Mining H2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H2 2025 earnings summary23 Mar, 2026

Executive summary

  • Experienced significant personnel changes, including the resignation of the Managing Director and appointment of a new Director; Executive Chair assumed executive duties from May 2025.

  • Acquired and expanded the Pinnacle Well Project, providing exposure to gold in the Leonora district; signed a Heritage Protection Agreement with native title holders.

  • Continued tenement rationalisation at the Rockford Project due to negative nickel sentiment; reduced holding to Mawson Prospect and surrounding ground.

  • Maintained a strong cash position of approximately $10.4M at year-end.

Financial highlights

  • Net loss after tax for 2025 was $11.85M, compared to a $5.25M loss in 2024.

  • Revenue for 2025 was $524,833, down from $649,357 in 2024.

  • Basic and diluted loss per share was 0.4068 cents, compared to 0.1819 cents in 2024.

  • Deferred exploration costs written back totaled $10.12M, reflecting tenement relinquishments.

  • Cash and cash equivalents at 31 December 2025 were $10.43M.

Outlook and guidance

  • Drill programs are planned to test gold targets at Pinnacle Well, pending heritage clearances.

  • Further geophysical surveys are scheduled for Q1 2026 at Pinnacle Well.

  • Ongoing negotiations for land access at Rockford Project; no exploration activities planned until resolved.

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