Pacific Lime and Cement Limited (PLA) Q3 2025 TU earnings summary

Executive summary

• Completed an upsized A$100.1 million institutional placement, fully funding Stages 1 and 2 of the Central Lime Project alongside a US$115 million debt facility.

• Finalised Community Development Agreement for the Central Lime Project, pending final government approval, unlocking the next phase of project execution.

• Executed agreements for Orokolo Bay Industrial Sands Project, with US$11.2 million funding secured and production targeted for Q4 2025.

• Strategic rebranding to Pacific Lime and Cement Limited, reflecting a shift to building materials production.

Financial highlights

• Cash holdings at 31 March 2025 were A$89.641 million, including proceeds from the capital raising.

• Net cash used in operating activities for the quarter was A$1.002 million; investing activities used A$4.846 million.

• Net cash from financing activities was A$90.328 million for the quarter.

• Estimated 15.33 quarters of funding available based on current cash and outgoings.

Outlook and guidance

• Focus for the June 2025 quarter is achieving Final Investment Decision at the Central Lime Project.

• Orokolo Bay Project expected to advance materially in the coming quarter, with equipment mobilisation underway.

• Continued emphasis on community engagement and infrastructure development at project sites.