Agrimin (AMN) Q3 2026 TU earnings summary

Executive summary

• Advanced review of exploration opportunities in the West Arunta region, with airborne magnetic and radiometric survey data expected in June 2026.

• Strategic withdrawal from the Mackay Potash Project, including full or partial surrender of several tenements.

• Continued cost control measures and stakeholder engagement, with a focus on rehabilitation planning.

Financial highlights

• Cash balance at 31 March 2026 was $1.3 million.

• Quarterly expenditure totaled $648,000, primarily for exploration and evaluation, including deferred tenement rents.

• Net cash outflow from operating activities was $296,000 for the quarter.

• Net cash outflow from investing activities was $637,000 for the quarter.

• Estimated quarters of funding available is 1.4, reflecting a reduced cost base after tenement surrenders.

Outlook and guidance

• Interpretation of new geophysical data for West Arunta will begin after June 2026.

• Rehabilitation activities for the Mackay Potash Project are planned for the June and September 2026 quarters.

• Ongoing evaluation of new exploration opportunities across Australia.

• Company expects to continue operations and meet objectives, supported by cost reductions and potential for further capital raising if needed.