Resolution Minerals (RML) Q2 2025 TU earnings summary
Event summary combining transcript, slides, and related documents.
Q2 2025 TU earnings summary
12 Jun, 2026Executive summary
Continued review of exploration tenure and expenditure to maintain tenements in good standing.
Sent George Silica Sands Project samples for analysis and reviewed projects for potential divestment or acquisition.
Sold Allegra Nickel Project in Alaska for $25,000, with completion in January 2025.
Financial highlights
Cash balance at 31 December 2024 was $229k.
Raised $240k via share placement and completed a 1:8 securities consolidation.
Spent $71k on exploration activities, mainly for tenement rentals and technical consultants.
Net cash used in operating activities for the quarter was $(13)k; investing activities $(36)k; financing activities provided $196k.
Estimated 2.7 quarters of funding available based on current cash and outgoings.
Outlook and guidance
Ongoing assessment of project divestment and acquisition opportunities.
Continued focus on maintaining tenements and advancing exploration projects.
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 - Cash runway under two quarters; fundraising planned to support ongoing exploration.RML
Q1 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