Pantoro Gold (PNR) Earnings Call Presentation

Financial Performance & Position - Pantoro Gold reported a strong FY25 EBITDA of A$1964 million[32,82] - The company experienced a cash and gold increase of A$72 million in FY25[32,82] - As of June 30, 2025, Pantoro Gold held A$176 million in cash and gold[26,32,82] - Pantoro Gold is debt-free after prepaying Nebari loan facilities approximately 2 years early[32,82] Production & Growth - The Norseman processing plant is operating above nameplate capacity at 12 million tonnes per annum and is readily expandable[21,61] - The company is targeting a medium-term expansion to over 200,000 ounces of gold production per annum[23,64] - FY2026 guidance projects annual gold production of 100,000 to 110,000 ounces[33] - Open pits are expected to deliver 20,000 ounces at 21 g/t during calendar year 2025[59] Exploration & Resources - Pantoro Gold has a large, high-grade mineral resource of 449 million tonnes at 33 g/t for 47 million ounces of gold[20,84] - The company has a A$55 million exploration budget focused on growth at existing mines and new developments[34] - A major project capital of A$67 million is budgeted, including the first major regional exploration program at Norseman in 30 years[35]