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Lunnon Metals (LM8) investor relations material
Lunnon Metals H2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved a strategic pivot to gold, delivering over 9,600oz gold in FY2026 and growing cash to $22.2M at year-end, with unaudited $41M by August 2026.
Lady Herial open pit progressed from discovery to production in 18 months, generating significant cash flow and completed ahead of schedule.
Board approved a $13M exploration budget for FY2027, targeting 43km of drilling, the largest in FBA's history.
Debt-free at year-end after early repayment of a $6M term loan.
Financial highlights
Revenue from gold sales: $40.7M (2025: nil).
Gross profit: $22.8M (2025: nil).
Net profit after tax: $12.2M (2025: loss $13.2M).
Cash and equivalents: $22.1M at 30 June 2026 (2025: $15.3M).
Net assets increased to $48.5M (2025: $34.1M).
Outlook and guidance
FY2027 focus on gold exploration with $13M budget and over 43km drilling planned.
Technical work underway for potential concurrent mining at Hustler and Lady Herial cut-back.
Ongoing assessment of commercial arrangements for new gold opportunities.
- Rapid gold and nickel discoveries, strong cash, and major exploration drive near-term growth.LM8
Resources Rising Stars Gold Coast Conference - Strong cash flow from Lady Herial gold drives $22.2M balance and $13M exploration budget.LM8
Q4 2026 TU - Record cash flow and exploration budget drive growth in a world-class, underexplored gold district.LM8
Noosa Mining Conference 2026 - Rapidly advanced gold and nickel assets drive cash flow and exploration-led growth.LM8
Investor presentation - Mineral Resources surged and gold exploration is now a strategic priority.LM8
AGM 2024 presentation - Lady Herial gold resource advanced rapidly, with robust studies and strong nickel assets fully permitted.LM8
AGM 2025 presentation - Rapid gold project development and robust nickel assets drive near-term growth.LM8
Investor presentation - Rapid transition from discovery to gold production with robust cash flow and high-grade resources.LM8
Investor presentation - Rapid gold and nickel project advancement with robust resources and strong growth pipeline.LM8
Investor presentation
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