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Legend Mining (LEG) investor relations material
Legend Mining H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Loss after tax for the half-year ended 30 June 2025 was $3,094,691, an improvement from a $4,757,699 loss in the prior year period.
Principal activities focused on exploration for nickel and copper in Western Australia, with expansion into gold via the Pinnacle Well Project acquisition.
Key management changes included the resignation of the Managing Director and appointment of a new director.
Financial highlights
Finance revenue was $287,775, down from $333,399 year-over-year.
Impairment of exploration expenditure was $2,625,702, reduced from $4,728,283 in the prior period.
Net cash flows from operating activities were negative $659,431, while investing activities provided $1,344,130, mainly from a research & development tax incentive grant.
Cash and cash equivalents increased to $11,735,613 at period end.
Basic and diluted loss per share was (0.1078) cents, improved from (0.1637) cents year-over-year.
Outlook and guidance
Expansion into gold exploration through the Pinnacle Well Project is expected to diversify the project portfolio.
Ongoing statutory rehabilitation and land access negotiations continue at the Rockford Project.
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