MetalsTech (MTC) H1 2026 earnings summary

Executive summary

• Advanced the Pre-Feasibility Study (PFS) for the 100% owned Sturec Gold Mine in Slovakia, focusing on metallurgical test work and mine planning.

• Board strengthened with appointments of experienced resource and finance sector specialists.

• Significant exploration upside remains at Sturec, with further drilling planned.

Financial highlights

• Net loss after tax for the half year ended 31 December 2025 was $736,646, an improvement from a $1,261,950 loss in the prior corresponding period.

• Cash and cash equivalents decreased to $45,070 from $1,622,981 as at 30 June 2025.

• Net assets increased to $7,167,292 from $6,205,258 at 30 June 2025.

• Basic and diluted loss per share was 0.33 cents, improved from 0.64 cents year-over-year.

Outlook and guidance

• Funds raised post-period end will be used to complete the PFS, further resource and exploration drilling, environmental studies, and working capital.

• Completion of the PFS is expected to be a key milestone for future development and attracting strategic investors.