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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.
Focus Minerals
Focus Minerals (FML) investor relations material
Focus Minerals Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 TU earnings summary29 Oct, 2026
Executive summary
September-quarter operations processed 387,029 tonnes at Three Mile Hill, while Bonnie Vale underground and open-pit mines supplied ore; quarter-end cash was $184.585m plus a $95.1m term deposit.
Gold sales totalled 30,011.15 oz at an average realised A$5,988.89/oz, alongside 4,039.43 oz of silver credits.
Financial highlights
Customer receipts were $180.091m and net operating cash flow was $96.749m for the quarter; cash increased by $62.434m to $184.585m.
Quarter expenditure was $54.7m on production, $5.3m on development and $1.4m on exploration; income taxes paid were $12.688m.
Gold sales proceeds were approximately $180m; reported gold sold includes 6,577.409 oz held in the Perth Mint metal account at 30 June 2026.
Outlook and guidance
Resource development drilling continued at Bonnie Vale, Patricia Jean, CNX and Green Light to support mine development and the delivery of new Ore Reserves.
Additional grade-control extension drilling is planned at the historic CNX waste dump as mine reclamation exposes drill-accessible areas.
An exploration decline commenced from Bonnie Vale’s 1345 level, targeting the historical Quarry Reef mining area.
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Latest events from Focus Minerals
- H1 2026 profit hit $85.82M, revenue soared, and a maiden dividend was declared.FML
H1 2026 - Gold production and sales supported strong cash reserves and ongoing resource development.FMLQ2 2026 TU
- Transformative asset sale, debt repayment, and strong FY25 gold sales drive future growth.FMLAGM 2026
- Record profit and cash flow in 2025 after Laverton sale and operational gains at Coolgardie.FMLH2 2025
- Revenue and profit rebounded strongly, but going concern risk persists amid high liabilities.FMLH2 2024
- Record gold output, robust cash, and ongoing mine development drive strong quarterly results.FMLQ4 2024 TU
- Record gold output, Laverton sale, and strong cash position drive operational momentum.FMLQ2 2025 TU
- $221.4M profit driven by Laverton sale, debt repaid, and strong gold operations.FMLH1 2025
- Record gold output and strong cash flow drive growth, with $113.6M cash on hand.FMLQ3 2025 TU
Focus Minerals
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Frequently asked questions
Focus Minerals Limited is an Australia-based gold exploration and mining company engaged in the acquisition, development, and operation of gold projects. The company primarily focuses on its gold assets in Western Australia, including the Coolgardie and Laverton projects. Its activities include exploration drilling, resource evaluation, and mine development to extract and process gold ore. The company is headquartered in Perth, Australia, and its shares are listed on the ASX.