Dome Gold Mines (DME) H2 2025 earnings summary

Executive summary

• Advanced feasibility and environmental studies for the Sigatoka magnetite concentrate and construction sand/gravel project, with final stages nearing completion and EIA under review.

• Selected as contractor for the Sigatoka River Desilting Project, granting rights to process dredged material for sale.

• Renewed key Special Prospecting Licences (SPL1451 and SPL1452) for three years, enhancing exploration potential amid rising gold and copper prices.

• Community engagement and government support remain strong, despite some local objections delaying desilting.

Financial highlights

• Net loss for the year was $4,624,512, compared to $2,188,585 in the prior year.

• Basic and diluted loss per share was (1.19) cents, down from (0.61) cents year-over-year.

• Cash and cash equivalents at year-end were $569,500, up from $996 the previous year.

• Total assets stood at $35.7 million, with equity of $35.0 million.

• $5,517,222 raised through share issues during the year for exploration and working capital.

Outlook and guidance

• Focus remains on completing the Sigatoka Feasibility Study and EIA, with mining lease application to follow.

• Plans to continue exploration and evaluation of all Fiji projects, with priority on Sigatoka.

• Ongoing capital raising efforts, including a post-year-end Share Purchase Plan raising $366,000.