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Goldstone Resources (GRL) investor relations material
Goldstone Resources H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Produced 2,917 ounces of gold to end of August 2025, with steady operational progress at Homase and ongoing expansion of heap leach facilities.
Achieved significant infrastructure upgrades funded from cashflow, supporting long-term capacity.
Leadership transition with Campbell Smyth appointed Interim Chairman post-period.
Financial highlights
Revenue for H1 2025 was $6.7M, up from $2.6M in H1 2024.
Gross profit increased over 200% year-over-year, reaching $3.89M for H1 2025.
Net loss for H1 2025 was $3.76M, compared to $2.41M in H1 2024.
Cash and cash equivalents at 30 June 2025 were $437K, down from $789K at 30 June 2024.
Total assets increased to $29.7M from $20.3M year-over-year.
Outlook and guidance
Focus remains on delivering 48,000 tonnes of agglomerated ore per month and maintaining an average grade of 1 g/t at Pit 1.
Expansion of heap leach facilities expected to support growth into 2026.
Confident in asset fundamentals and ability to execute growth plans.
- Ramping up gold production and resource expansion at a fully permitted Ghanaian mine.GRL
Investor presentation7 Apr 2026 - Revenue declined and losses widened in 2023, but new funding and loan restructuring support future growth.GRL
H2 20237 Apr 2026 - Gold output and revenue soared in H1 2024, with strong progress toward 2025 production goals.GRL
H1 20247 Apr 2026 - Revenue up, losses widened, debt converted to equity, but going concern risk persists.GRL
H2 20247 Apr 2026
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