Regis Resources Limited

Thank you for standing by and welcome to the Regis Resources Limited full year results conference call. All participants are in a listen only mode. There will be a presentation followed by a question and answer session. If you wish to ask a question, you will need to press the star key followed by the number one on your telephone keypad. I would now like to hand the conference over to Mr. Jim Beyer, Managing Director and CEO. Please go ahead.

Thanks, Mel. Good morning, everyone, and thank you all for joining us for the Regis Resources FY26 full-year financial results. With me today is our CFO, Anthony Ruckicki, our COO, Michael Holmes, and Head of Investor Relations, Matt Bollings. On this call, we'll be referring to various slides that are in the pack that was released earlier this morning, and if you don't have it, the document can be downloaded from our website or from the ASX website. Now, moving through the pack, now to slide three, highlighting the fantastic financial and safety performance for the year. This slide is highlighting these, and underpinning all of that is our operational delivery and, of course, the favourable gold price environment. Running down the list, the financial results. And, you know, while we have been focused in quarterlies on our strong cash build in the prior reporting, We're very pleased to be able to report that our statutory net profit after tax was at a record high of $715 million. That's up 180% year-on-year, and it's statutory net profit that really tells us how our overall long-term investment strategy is paying off. Combined with the continued uplift in earnings and cash generation, Regus Operations really delivered for FY26. and this has allowed us to add to our first half dividend and pay a record fully franked dividend of $0.20 per share for the second half. Now this div is made up of $0.15 per share of ordinary dividend and a $0.05 special dividend which is immediately delivering value from the vault break fee back to our shareholders. This delivers a total fully franked dividend payment for FY26 of a very respectable $0.35 a share which by the way is an overall payout of 39% of our group cash increase. Now this fully franked $0.35 a share dividend based on yesterday's share price closing price sees a very respectable yield of 6.1%. I'm sure you'll admit that by any measure that's not a bad result. Across our assets we've seen solid and consistent operational performance which we expect to continue into FY27. Gold production in last year in 26 came in at the top end of guidance at $379,050 ounces for an all-in sustaining cost of $2,945 an ounce.

Now off the back of this strong production we sold our gold into another period of record spot gold prices and at the end of the financial year we finished with