MetalsTech (MTC) H2 2025 earnings summary

Executive summary

• Focused on gold exploration, with the Sturec Gold Mine in Slovakia as the flagship project, hosting a JORC (2012) resource of ~2.7Moz gold and 22.2Moz silver.

• Updated Scoping Study for Sturec demonstrates robust economics: pre-tax NPV8% of US$768M, IRR of 162%, and 9-year mine life.

• Pre-Feasibility Study (PFS) underway, with completion targeted for Q4 2025; Mining One appointed as Study Manager.

• Strategic placements raised A$3.3M (A$1.3M during the year, A$2.0M post-year-end) to fund PFS and working capital.

• Redeemable notes repaid in full post-year-end; company continues to review additional gold sector opportunities.

Financial highlights

• Net loss after tax: AUD $2,512,183 for FY25 (FY24: $2,263,451 loss).

• Cash and cash equivalents: AUD $1,622,981 at 30 June 2025 (FY24: $628,398).

• Net assets: AUD $6,205,258 at 30 June 2025 (FY24: $6,510,186).

• Total other income: AUD $5,488 (FY24: $2,734).

• No dividends declared or paid.

Outlook and guidance

• PFS for Sturec Gold Mine expected to be completed in Q4 2025, supporting future development and potential strategic partnerships.

• High gold and silver prices continue to drive interest and support robust project economics.

• Company remains focused on maximizing value from Sturec and exploring additional gold sector opportunities.