MetalsTech (MTC) Q4 2025 TU earnings summary

Executive summary

• Completed first and second tranche strategic placements, raising a total of A$3.3 million before costs for balance sheet strengthening and Sturec Gold Mine development.

• Redeemable notes including accrued interest repaid in full post quarter-end.

• Advanced Pre-Feasibility Study (PFS) at 100% owned Sturec Gold Mine in Slovakia, with completion targeted for late Q3 2025.

• High gold and silver prices are driving significant inbound interest in the Sturec project.

Financial highlights

• Cash and cash equivalents at 30 June 2025 were $1.6 million.

• Cash outflows from operating activities for the quarter were $700,000, covering admin, staff, borrowing, and exploration costs.

• Cash outflows from investing activities were $168,000, mainly for site exploration and PFS work.

• Cash inflows from financing activities totaled $2,437,000, reflecting proceeds from strategic investments.

• Payments to related parties during the quarter totaled $169,000, including directors' and consulting fees.

Outlook and guidance

• PFS for Sturec Gold Mine remains on track for completion in late Q3 2025.

• Technological advancements in ore sorting expected to enhance project economics.

• Focus remains on maximizing value from Sturec and reviewing additional gold sector opportunities.

• Estimated quarters of funding available is 6.5, based on current cash and unused facilities.