Agrimin (AMN) Q1 2026 TU earnings summary

Executive summary

• Strategic review of the Mackay Potash Project continued, with key outcomes reported after quarter end.

• Focused on exploration opportunities in the West Arunta region and business development across Australia.

• Broad stakeholder engagement and project updates, including on-country meetings.

Financial highlights

• Cash balance stood at $2.3 million as of 30 September 2025.

• Quarterly expenditure on exploration and evaluation activities totaled $347,000, mainly for tenement rents and rates.

• Payments to related parties for the quarter amounted to $119,156.

• Net cash used in operating activities was $628,000 for the quarter.

• Estimated 3.73 quarters of funding available based on current cash and outgoings.

Outlook and guidance

• Strategic review considered project approvals, native title obligations, tenure management, holding costs, capital market conditions, and offtake arrangements.

• Commonwealth decision on project approval remains on hold pending review outcomes.