Tribune Resources (TBR) Q1 2027 earnings summary

Executive summary

• Mungari processed 137,992 tonnes at 2.81 g/t, producing 11,630 oz of gold at 93.09% recovery; the 75% share was 8,723 oz.

• Combined Rand and Tribune ore mined was 221,396 tonnes at 2.05 g/t for 11,371 oz, down 11% QoQ due to lower mined grades.

Financial highlights

• Operating activities generated $8.0m net cash inflow, versus a $0.6m outflow in the preceding quarter, reflecting stronger receipts and lower tax and finance payments.

• Cash rose $3.7m to $11.8m; investing outflow was $3.4m and financing outflow was $0.9m.

• Customer receipts were $65.7m; income taxes paid were $12.5m during the quarter.

Outlook and guidance

• FY27 Startrek work is planned to include further exploration drilling and resource model updates for mine planning and exploration targeting.