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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.
Legend Mining
Legend Mining (LEG) investor relations material
Legend Mining Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 TU earnings summary12 Oct, 2026
Executive summary
Completed heritage clearance surveys at Pyrophyllite Hill and Alpha North, enabling drilling at both prospects without further heritage surveys.
Cash at 30 September 2026 was $9.242M; maiden Pyrophyllite Hill aircore drilling was scheduled to begin in late October.
Financial highlights
September-quarter net cash used in operating activities was $109K; investing activities used $363K and financing activities used $26K.
Cash and cash equivalents were $9.242M at quarter-end, comprising $242K in bank balances and $9.0M in call deposits.
Exploration and evaluation expenditure was $363K for the quarter; related-party payments totaled $149K, comprising director fees, salaries and entitlements.
Outlook and guidance
Planned maiden aircore programme at Pyrophyllite Hill: 50 holes for ~2,500m across a 1km x 500m area, scheduled for late October.
Planned follow-up includes assessing aircore geology and multielement assays, then planning RC drilling at Pyrophyllite Hill and Alpha North.
Follow-up work on newly identified geochemical and geological targets was recommended for the December 2026 Quarter.
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Latest events from Legend Mining
- Net loss narrowed to $340,572 as exploration advanced and cash reserves held at $9.7 million.LEG
H1 2026 - Gold drill targets advanced at Pyrophyllite Hill and Alpha North; $9.7M cash supports exploration.LEGQ2 2026 TU
- High-priority gold targets defined at Alpha North and Pyrophyllite Hill; drilling to start July 2026.LEGQ1 2026 TU
- Net loss widened to $11.85M as gold exploration advanced and nickel assets were rationalised.LEGH2 2025
- Exploration delays and tenement rationalisation marked 2024, with a $5.25M net loss and strong cash reserves.LEGH2 2024
- Expanded Pinnacle Well, identified new gold anomalies, and ended Rockford JV; cash at $10.4M.LEGQ4 2025 TU
- Pinnacle Well project settled, $11.1M cash, Rockford JV ended, exploration progressing.LEGQ3 2025 TU
- Half-year loss narrowed, cash increased, and gold project acquisition signals diversification.LEGH1 2025
- Pinnacle Well Project acquired, cash at $11.8M, and board changes mark the quarter.LEGQ2 2025 TU
Next Legend Mining earnings date
H2 202622 Mar, 2027
Legend Mining
Next Legend Mining earnings date
H2 202622 Mar, 2027
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