Duketon Mining (DKM) H2 2025 earnings summary

Executive summary

• Focused on shareholder value through exploration in gold, copper, lithium, and nickel, primarily in Western Australia, with additional assessment of opportunities elsewhere in Australia and select international projects.

• Key projects include Killarney (gold), Barlee (gold, lithium, rare earths, iron ore), Duketon (nickel), Stephens (base metals), and Doris (uranium), all at early exploration stages.

• Total mineral resources at Rosie and C2 deposits: 102,527t nickel, 14,163t copper, 254,712oz PGEs.

Financial highlights

• Net loss after tax for FY2025: $559,556, a significant improvement from FY2024's $3,476,953 loss.

• Revenue for FY2025: $1,479,549, up from $537,553 in FY2024.

• Exploration expenditure for FY2025: $1,081,725 (FY2024: $1,419,417), all expensed as incurred.

• Cash on hand at year-end: $9,326,735; listed equity investments: $2,405,808.

• Basic loss per share: (0.5) cents (FY2024: (2.8) cents).

Outlook and guidance

• Continued focus on exploration, evaluation, and development of the Duketon Project and other tenements, aiming to develop a significant mining operation.

• Ongoing advancement of mining studies at Rosie and C2, with attention to market sentiment and potential acquisitions.