Resolution Minerals (RML) Q1 2025 TU earnings summary
Event summary combining transcript, slides, and related documents.
Q1 2025 TU earnings summary
12 Jun, 2026Executive summary
Advanced exploration review at Benmara Project, identifying multiple prospective mineralisation models including IOCG, SEDEX, Mount Isa type, and unconformity-related uranium.
Progressed studies at Allegra Project in Alaska and sent HPSS project samples for specification testing.
Financial highlights
Cash at bank at 30 September 2024 was $80k, down from $239k at the start of the quarter.
Net cash used in operating activities was $123k for the quarter.
Net cash used in investing activities (primarily exploration) was $75k.
Net cash from financing activities was $40k, including a $44k unsecured, interest-free director loan.
Outlook and guidance
Estimated quarters of funding available is 0.4, indicating less than two quarters of cash runway.
Plans to raise further funds through private placements, rights issues, share purchase plans, or asset sales; Acuity Capital At-The-Market facility available.
Confident in ability to continue operations and meet objectives following fundraising; will reduce spend if necessary.
Latest events from Resolution Minerals
- FAST-41 status, $20M placement, and strong recoveries drive U.S. critical minerals strategy.RML
Q4 2026 TU - Net loss reduced to $1.67M, but going concern risk remains amid ongoing exploration and low cash.RML
H2 2024 - Strong project potential identified; $239k cash supports 2.5 quarters of operations.RML
Q4 2024 TU - Quarter-end cash of $229k and recent capital raise provide 2.7 quarters of funding.RML
Q2 2025 TU - Net loss surged to $3.93M on asset impairment, with going concern dependent on new funding.RML
H1 2025 - Raised $1.55M, acquired new projects, and ended quarter with $998k cash and 1.6 quarters funding.RML
Q3 2025 TU - Horse Heaven acquisition and U.S. expansion drive critical minerals growth, funding secured.RML
Q4 2025 TU - $22.4 million net loss driven by impairments; focus shifts to critical minerals amid going concern risk.RML
H2 2025 - Horse Heaven advances as a major U.S. critical minerals project with robust funding and exploration success.RML
Q1 2026 TU