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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.
Province Resources
Province Resources (PRL) investor relations material
Province Resources has been delisted
Province Resources H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2025 earnings summary12 Aug, 2025
Executive summary
Principal activities included project evaluation for acquisitions and lobbying for the HyEnergy® project.
The year saw significant regulatory delays for the HyEnergy® Project, resulting in lost initial opportunity and reduced investor confidence in green hydrogen.
Despite setbacks, the group remains committed to renewable energy and is planning a major HVDC transmission link.
The company was delisted from ASX and admitted to the NSX in March 2025.
No dividends were paid or declared for the year.
Financial highlights
Net loss after tax: $2,637,122 (FY24: $2,663,993).
Revenue: $411,861 (FY24: $558,459).
Cash at bank: $8,252,091 (FY24: $10,162,888).
Net assets: $8,122,765 (FY24: $10,664,017).
Basic EPS: (0.223) cents (FY24: (0.225) cents).
Outlook and guidance
HyEnergy® Project remains in a state of readiness for future hydrogen market cycles.
Early-stage planning for a 2,800 km HVDC transmission link to connect renewable energy to the East Coast.
Black Horse Mining spin-out and IPO planned for October/November 2025, with PRL retaining a significant equity stake.
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Latest events from Province Resources
- Loss narrowed, cash reserves remain strong, and focus shifts to minerals exploration amid project delays.PRL
H2 2024 - Losses widened amid project delays and sector challenges; focus remains on future readiness.PRLH1 2025
- Progressed green hydrogen and gold project initiatives; cash balance at $8.25 million.PRLQ4 2025 TU
- $9.75M cash, 23 quarters runway, HyEnergy® tenure talks ongoing, relisting projects sought.PRLQ1 2025 TU
- HyEnergy® project on hold; $10.16M cash supports 14+ quarters of operations.PRLQ4 2024 TU
- Cash fell to $8.68M as project reviews continued and shares relisted on NSX.PRLQ3 2025 TU
- $9.27M cash, 20.5 quarters runway, HyEnergy® tenure unresolved, no new financing.PRLQ2 2025 TU
Province Resources
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Frequently asked questions
Province Resources Limited is an Australia-based mineral exploration and development company focused on renewable energy and critical minerals. The company is engaged in the exploration of nickel, copper, gold, and vanadium, as well as the development of green hydrogen projects. Province Resources aims to support the transition to sustainable energy by advancing clean energy initiatives alongside its mineral exploration activities. Province Resources Limited is headquartered in Perth, Australia, and its shares are listed on the Australian Securities Exchange (ASX).