Havilah Resources
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Havilah Resources (HAV) investor relations material

Havilah Resources H2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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H2 2026 earnings summary25 Oct, 2026

Executive summary

  • Monetised a majority-earn-in right for Kalkaroo and a farm-in right for Coburn, retaining 20% project interests and exposure to partner shares.

  • FY26 profit was driven largely by Kalkaroo transaction income and fair-value gains; exploration and regional drilling remain central priorities.

Financial highlights

  • FY26 profit was $77.20m versus a $3.28m loss in FY25; results included $94.96m Kalkaroo Stage 1 income and $3.35m net fair-value gains.

  • Other income totalled $97.30m; tax expense was $18.17m, including $11.40m current and $6.77m deferred tax.

  • Operating cash outflow was $15.06m; investing cash inflow was $52.94m and financing cash inflow was $2.46m.

Outlook and guidance

  • Sandfire plans to invest ~US$70m in a new Kalkaroo PFS, expected during Sandfire H2 FY28, predominantly aligning with FY28 ending 31 July 2028.

  • Sandfire committed at least 20,000m of Kalkaroo drilling and $30m over 24 months for regional exploration; the first $15m instalment was funded.

  • Kantra Copper plans up to $10m over up to 24 months for Coburn studies, including 5,000m of resource drilling; full PFS work depends on Phase 1 viability.

  • Targeted drilling across priority Curnamona prospects is planned, supported by Kalkaroo proceeds and partner-funded programs.

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Frequently asked questions

Havilah Resources Limited is an exploration and development company focused on mineral resource projects in South Australia. The company primarily explores for copper, gold, cobalt, and other base and precious metals, as well as iron ore deposits. Havilah's portfolio includes a range of projects at various stages of development, targeting the discovery and commercialization of valuable mineral resources. The company is headquartered in Kent Town, South Australia, and its shares are listed on the Australian Securities Exchange (ASX).