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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
AusQuest
AusQuest (AQD) investor relations material
AusQuest Q1 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2027 earnings summary29 Oct, 2026
Executive summary
Cangallo drilling expanded the copper-gold footprint and identified higher-grade zones; geophysics outlined a porphyry system at least 2.5km x 1km, with substantial areas still untested.
Australian exploration advanced at Coober Pedy, Morrisey and Mt Davis; Balladonia drilling remained subject to government approvals.
Financial highlights
Quarter-end cash was $2.093m after $4.3m invested in exploration; an additional $900k under the South32 Strategic Alliance Agreement was expected in Q4 CY2026.
Cash flow showed $4.518m in exploration and evaluation payments, $3.662m net investing outflow and $557k net operating outflow.
Outlook and guidance
Stage 4 RC and diamond drilling at Cangallo was planned after access preparations, subject to rig and crew availability; further geophysics, metallurgical work and geological assessments were also planned.
Coober Pedy assay results were expected in Q4 CY2026; Balladonia approvals and access preparations, Morrisey gravity surveys and Mt Davis ground EM surveys were targeted for the next quarter.
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Latest events from AusQuest
- Cangallo combines an expanding coastal copper system with Stage 4 drilling catalysts.AQD
Investor presentation - Expanded Cangallo copper discovery and $10M capital raise drive exploration, but going concern risk remains.AQDH2 2026
- Major new copper discovery in Peru shows strong growth, high-grade, and low-cost potential.AQDResources Rising Stars Gold Coast Conference
- Cangallo drilling confirms large-scale copper-gold system; cash at $6.4M, Australian projects advance.AQDQ4 2026 TU
- Major copper-gold discovery in Peru and $2.4M capital raise drive exploration momentum.AQDQ2 2025 TU
- Cangallo drilling confirms major copper-gold system; strong cash reserves support global exploration.AQDQ3 2026 TU
- Net profit fell to $256,727 as exploration advanced and funding needs create going concern uncertainty.AQDH2 2024
- Cangallo copper discovery drives exploration growth, with $7.2M cash and a $1.61M net loss.AQDH2 2025
- Net loss increased to $1.39 million as exploration ramped up and capital was raised for drilling.AQDH1 2026
Next AusQuest earnings date
H1 20279 Mar, 2027
AusQuest
Next AusQuest earnings date
H1 20279 Mar, 2027
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