Far East Gold (FEG) investor relations material

Executive summary

• Reported a net loss after tax of $4.26 million for the half-year ended 31 December 2025, compared to $3.79 million loss in the prior year, mainly due to increased exploration and higher operating costs.

• Interest revenue increased to $156,176 from $11,843 year-over-year.

• Share-based payment expenses decreased significantly to $210,634 from $1.41 million, reflecting fewer equity-based compensation events.

• Total comprehensive loss widened to $5.88 million, impacted by adverse foreign currency translation.

Financial highlights

• Exploration expenses rose to $2.52 million, reflecting intensified activity.

• Employee benefits, professional fees, and consulting charges increased, expanding the overall cost base.

• Cash and cash equivalents at period end were $955,602, down from $3.44 million at 30 June 2025.

• Net assets decreased to $40.26 million from $45.94 million at 30 June 2025.

• Basic and diluted EPS were both negative at (1.16) cents, compared to (1.31) cents in the prior period.

Outlook and guidance

• Directors believe the group will continue as a going concern, supported by cash reserves, ability to scale back activities, and plans to raise $10 million through share placement.

• Ongoing exploration and project development activities are planned, contingent on securing additional funding.