RTG Mining (RTG) Q3 2026 earnings summary

Executive summary

• Mabilo development preparation advanced, but final investment decision remains dependent on outstanding government requirements, including coconut-tree felling permits. Stage 1 is a high-grade direct-shipping operation.

• The 90%-owned Chanach project continued exploration, while the Panguna redevelopment opportunity remained contingent on landowner and government discussions.

Financial highlights

• Cash and liquid assets were A$6.7 million at 30 September 2026; cash and cash equivalents were US$4.718 million.

• Operating cash outflow was US$966,201 for the quarter and US$3.148 million year to date; estimated funding available was 4.88 quarters, including an adjusting term-deposit amount.

• Quarter-end cash flow included US$217,551 for exploration and evaluation, US$270,023 for staff costs, US$170,203 for administration and corporate costs, and US$155,339 for Chanach.

Outlook and guidance

• Following FID, Stage 1 operational start-up is expected in approximately eight months, shortened from the original nine-month estimate.

• Outstanding government requests and coconut-tree felling permits remain the key prerequisites to development commitment; resolution during the next quarter is targeted.

• Further Mabilo sterilisation, geotechnical validation and resource-extension drilling is planned for the next quarter; Chanach drilling, trenching and assay results are also expected in Q4 2026.