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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 H2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2026 earnings summary20 Sep, 2026
Executive summary
Significant progress in 2026, highlighted by expansion of the Cangallo Copper Project in Peru and a robust pipeline of base metal exploration in Australia.
Stage 3 drilling at Cangallo confirmed a large-scale porphyry copper-gold system, with mineralisation open at depth and along strike.
Strategic Alliance Agreement with South32 extended to December 2027, ensuring continued funding for Australian projects.
$10 million capital raising in December 2025 strengthened the balance sheet and funded concurrent exploration campaigns.
Financial highlights
Net loss after tax: $3,040,267 for FY2026 (FY2025: $2,109,524).
Revenue and other income: $385,293 (FY2025: $494,591).
Total expenses: $3,425,560 (FY2025: $2,604,115), driven by increased share-based payments and exploration impairment.
Cash and cash equivalents at year-end: $6,352,237 (FY2025: $7,203,852).
Exploration and evaluation expenditure capitalised: $19,095,438 (FY2025: $10,020,253).
Outlook and guidance
Priorities include completing diamond drilling and progressing Stage 4 permitting at Cangallo, advancing early resource and metallurgical work, and commencing Balladonia drilling.
Continued focus on value creation through exploration in both Peru and Australia.
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Latest events from AusQuest
- Major new copper discovery in Peru shows strong growth, high-grade, and low-cost potential.AQD
Resources 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
- Exploration advances in Australia and Peru, with strong SAA funding and new drill targets defined.AQDQ4 2024 TU
- Advancing major base and precious metal projects in Australia and Peru with South32 partnership.AQDCorporate presentation
Next AusQuest earnings date
Q1 20279 Dec, 2026
AusQuest
Next AusQuest earnings date
Q1 20279 Dec, 2026
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