Bathurst Assets Restricted (BTURF) Q1 2027 Earnings Name Ready Remarks Transcript


Richard Tacon
CEO & Government Director

Howdy, everybody. Welcome to the Quarter 1 FY ’27 Outcomes and Venture Updates, which might be an important half, I feel, of immediately. So I will simply transfer on to the presentation itself. I feel anybody that is accustomed to these shows is aware of our customary disclaimers.

In the event that they want any recommendation round the place the numbers are coming from when it comes to JORC Code, useful resource and reserves, the presentation that will likely be posted or has been posted will embody the reference to these as properly and manufacturing targets.

Anybody who just isn’t accustomed to Bathurst, we have 5 working mines, together with Canterbury, which is within the remaining levels of rehabilitation and 4 in manufacturing. So Takitimu remains to be producing, however can be concurrent with that, doing the ultimate rehabilitation of sure areas. Stockton is our export coking coal mine on the West Coast of the South Island. Maramarua and Rotowaro are 2 home producers which are within the central a part of the North Island.

We have additionally bought 3 improvement tasks, the Buller venture, which is related to the Stockton infrastructure. We’ll speak about extra of that as we go additional ahead. Tenas in British Columbia, close to the city of Telkwa, and the Crown Mountain Venture, which is within the Elk Valley of British Columbia.

So on the finish of September, we had a share worth of AUD 0.45, which gave us a market cap of round AUD 108 million. And we have consolidated money at that time limit of about AUD 105 million, which remains to be the case immediately. So when it comes to New Zealand {dollars}, that is NZD 130 million at a consolidated foundation, and we have



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