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Extra Everything: The Story of Chipotle
Chipotle's story from a single restaurant to a nationwide chain, through crisis and turnaround, built on one of the strongest models in the industry.
Astral Resources NL
Astral Resources NL (AAR) investor relations material
Astral Resources NL Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 TU earnings summary19 Apr, 2026
Executive summary
Significant drilling activity across Mandilla, Feysville, and Spargoville projects, with over 41,000m drilled in the quarter, targeting resource growth and grade control.
Mandilla DFS technical work and permitting progressing, with heritage surveys underway and water exploration a key focus.
Cash position of $73 million at quarter-end, following a $1.76 million capital raise via share placement.
Financial highlights
Cash outflows for the quarter were $4.9 million, mainly for exploration and evaluation (81%).
Cash inflows totaled $2.0 million, primarily from share placement and option exercises.
Cash balance decreased from $76 million to $73 million over the quarter.
No debt drawn; $2.44 million available from a lithium JV facility.
Outlook and guidance
Mandilla DFS completion targeted for H2 2026, with FID to follow and first gold production expected early 2028.
Ongoing drilling and resource definition at Mandilla and Spargoville to continue in the next quarter.
Proposed JV at Feysville's Think Big deposit aims for mining start in H2 2026.
Middle East conflict risks to Mandilla DFS
MMS joint venture funding for Think Big
Spargoville gold exploration target pipeline
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Latest events from Astral Resources NL
- Mandilla and Feysville projects progress, with strong resource growth and robust funding secured.AAR
H2 202430 Mar 2026 - Mandilla PFS confirms strong project economics; resource base grows with Spargoville acquisition.AARH2 202530 Mar 2026
- $65M equity raise boosts cash to $75.9M as Mandilla DFS advances toward 2026 FID.AARH1 202615 Mar 2026
- Aggressive gold project targets 95kozpa output, $1.4B NPV, and first gold by late 2027.AARDiggers & Dealers Mining Forum 20253 Feb 2026
- Aggressive growth and robust financials position the project for first gold by December 2027.AAR2025 Precious Metals Summit - Beaver Creek27 Dec 2025
- Aggressive growth, robust financials, and strong institutional support drive a 2027 gold start.AARRRS Gold Coast 202517 Dec 2025
- Targets 95kozpa gold, rapid payback, and first production in late 2027 in WA's Goldfields.AARNoosa Mining Investor Conference16 Nov 2025
- Mandilla DFS advances, JV secured for Feysville, and cash remains strong at $15.9M.AARQ1 2026 TU30 Oct 2025
- Mandilla PFS delivers strong economics and rapid payback, with group resources at 1.76Moz.AARQ4 2025 TU30 Jul 2025
Astral Resources NL
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