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Polymetals Resources (POL) 2025 Earnings Call Presentation
Polished.com Polished.com (US:POL)2025-08-06 01:35

Company Overview - Polymetals is an Australian silver and zinc producer focused on the Endeavor Silver Zinc Mine in the Cobar Basin, NSW[1, 4, 10, 11] - Board and management hold approximately 35% of the company, representing an investment of over $10 million[6] Endeavor Mine Operations & Resources - The Endeavor mine has a 1.2 million tonnes per annum (1.2Mtpa) processing capacity and significant existing infrastructure[15] - The mine has a remaining mineral resource of 16.3 million tonnes (16.3Mt) containing 44.2 million ounces (44.2Moz) of silver, 1.3 million tonnes (1.3Mt) of zinc and 0.73 million tonnes (0.73Mt) of lead[16, 17, 61] - Initial 10-year mine plan targets early silver cash flow, projecting 21.4 million ounces (21.4Moz) of contained silver, 400,000 tonnes of contained zinc, and 172,000 tonnes of contained lead[19] - The first 2 years of the mine plan are projected to generate $250 million EBITDA from 5 million ounces (5Moz) of silver production[19] Financial Performance & Exploration - Concentrate prepayments for July 2025 totaled $11.6 million, with $15.5 million in operating cash flow generated to the end of July 2025[35] - As of August 4, 2025, the company had A$22 million cash at bank and A$7 million available from a finance facility[35, 48] - The company has a $7.5 million annual exploration budget to extend mine life and discover new deposits[37] - Polymetals owns 1,107 square kilometers (1,107km²) of exploration licenses in the Northern Cobar Basin, offering potential for new discoveries[39]