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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.
PMET Resources
PMET Resources (PMET) investor relations material
PMET Resources Q2 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2027 earnings summary13 Nov, 2026
Executive summary
Six-month net loss was C$4.522M versus C$2.382M; cash and cash equivalents were C$168.921M at September 30, 2026.
Enhanced CV5 Feasibility Study targets ~C$5.1B after-tax NPV8% and ~40.4% IRR; Shaakichiuwaanaan’s updated resource includes 113.9 Mt indicated and 33.8 Mt inferred lithium resources.
Financial highlights
Q2 FY27 net loss was C$2.416M versus C$0.706M in Q2 FY26; six-month net loss was C$4.522M versus C$2.382M.
Six-month G&A expenses rose to C$12.993M from C$9.817M; C$5.384M of share-based compensation was recognized in profit or loss.
Six-month deferred tax expense was C$4.712M and non-cash; Q2 flow-through premium income was C$6.4M and interest income was C$1.3M.
Six-month operating cash use was C$9.688M versus C$7.036M; working capital was C$156.4M excluding the flow-through premium liability.
Outlook and guidance
Targeting a CV5+CV13 PEA in late 2026 to assess integrated lithium, tantalum and caesium development.
Permitting and community engagement are advancing toward FID by end-2027, subject to approvals and funding; project financing work is planned through 2026–2027.
Bulk-sample permitting and funding are intended to support Nova Zone understanding and product validation; downstream discussions target future offtake and strategic partnerships.
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Latest events from PMET Resources
- CV5 targets CA$5.1B after-tax NPV8, 40.4% IRR and dual lithium-tantalum production.PMET
Corporate presentation - Underground-first mining and tantalum recovery strengthen CV5 economics; FID targeted for late 2027.PMETStudy update
- Shaakichiuwaanaan advances as a top-tier lithium, caesium, and tantalum project with global impact.PMETResources Rising Stars Gold Coast Conference presentation
- Globally significant lithium, caesium, and tantalum project, fully funded and strategically partnered.PMETCorporate presentation
- Largest lithium pegmatite resource in the Americas, advancing toward multi-mineral production.PMETCorporate presentation
- Feasibility study confirms 20-year mine life, competitive costs, and strong co-product upside.PMETStudy Result
- Quebec's Shaakapuuwaanaan project sets new benchmarks in lithium and cesium supply.PMETDiggers & Dealers Mining Forum 2025
- Maiden cesium resource at Corvette (Shawiniwan) could transform global supply and solar demand.PMETInvestor Update
- Shaakichiuwaanaan targets 800ktpa lithium production with C$2.9B NPV and 34% IRR over 24 years.PMETInvestor Presentation
Next PMET Resources earnings date
Q3 20273 Feb, 2027
PMET Resources
Next PMET Resources earnings date
Q3 20273 Feb, 2027
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Frequently asked questions
Patriot Battery Metals Inc. is a Canadian exploration company focused on developing its 100%-owned Shaakichiuwaanaan Property (formerly known as the Corvette Project), located in the Eeyou Istchee James Bay region of Quebec. The company primarily explores for hard-rock lithium, a critical component in battery technology, particularly for electric vehicles. The Shaakichiuwaanaan Property includes significant spodumene pegmatite deposits, notably the CV5 and CV13 pegmatites, making it one of the largest lithium resources in the Americas. The site is accessible year-round and is well-positioned with proximity to key infrastructure, such as regional powerlines and all-season roads. The company is headquartered in Vancouver, British Columbia, and its shares are listed on the Toronto Stock Exchange.