Regis Resources (RRL) investor relations material

Executive summary

• Achieved strong safety performance with a 12-month LTIFR of 0.32, well below industry average.

• Group gold production for the March quarter was 90,600 oz at an AISC of AUD 2,807/oz, with Duketon contributing 57,500 oz at AUD 3,139/oz and Tropicana 33,100 oz at AUD 2,140/oz.

• Gold sales totaled 89,100 oz, generating AUD 622 million in revenue at an average realized price of AUD 6,977/oz.

• Cash and bullion balance surpassed AUD 1.13 billion after a AUD 198 million increase, even after a AUD 92 million tax payment and AUD 123 million capex.

• Announced a fully franked interim dividend of AUD 0.15/share (AUD 114 million), reflecting strong cash generation and a new capital management policy.

Financial highlights

• Revenue for the quarter was AUD 622 million from gold sales of 89,100 oz.

• Operating cash flow for the quarter was AUD 422 million; cash and bullion rose by AUD 198 million to AUD 1.13 billion after AUD 92 million tax and AUD 123 million capex.

• Group AISC for the quarter was AUD 2,807/oz; Duketon AISC AUD 3,139/oz, Tropicana AISC AUD 2,140/oz.

• Net Profit After Tax for the first half was AUD 323 million.

• Growth and sustaining capital expenditure totaled AUD 106 million; exploration spend was AUD 17 million.

Outlook and guidance

• FY26 production guidance remains at 350,000–380,000 oz, with AISC guidance of AUD 2,610–2,990/oz.

• Growth capital guidance for FY26 raised by AUD 20 million to AUD 240–255 million due to accelerated Buckwell pre-strip and higher diesel costs.

• Exploration expenditure guidance is AUD 70–80 million; McPhillamys guidance AUD 10–20 million.

• Full-year AISC expected to be within guidance, but at the upper end due to higher gold price (increasing royalties) and fuel costs.

• Production outlook remains strong, with Buckwell expected to contribute 35,000–45,000 oz annually from next year.