CZR Resources (CZR) Q4 2025 TU earnings summary

Executive summary

• Binding offer received for sale of Robe Mesa Project to RRJV for A$75 million; shareholder and FIRB approvals obtained, with completion pending final consents.

• Focus shifting to Croydon Gold and Edamurta Copper-Zinc projects, with significant exploration programs planned post-transaction.

• All projects are in Western Australia, strategically located near infrastructure and in joint venture with Creasy Group.

Financial highlights

• Cash at end of June quarter was $0.2 million.

• Net cash used in operating activities for the quarter was $1.19 million.

• $2.85 million drawn from RRMC loan facility; $1.5 million drawn from Yandal unsecured loan.

• $0.65 million exclusivity fee received from RRJV; $0.65 million break fee paid to Fenix Resources.

• Estimated quarters of funding available at period end: 1.0, with expectation of A$75 million inflow upon Robe Mesa sale completion.

Outlook and guidance

• Upon completion of the Robe Mesa sale, company expects to be fully funded to advance exploration and development of remaining assets.

• Planned drilling at Croydon Gold (180 aircore, 20 RC holes) and Edamurta Copper-Zinc (3,000m RC) contingent on transaction settlement.

• If Robe Mesa sale does not settle, company will seek equity or further borrowings to fund operations.