Bathurst Resources

Bathurst Resources reported a net loss of NZD 5 million for the year ended 30 June, while full-year EBITDA of NZD 45 million was at the top end of guidance. The company closed with NZD 145 million in cash (NZD 152 million at end of July) and remains debt-free, prompting investors to view the balance sheet strength and project pipeline (Buller, Tenas) more positively. Bathurst confirmed EBITDA guidance for 2026 of NZD 30–40 million and is targeting up to NZD 40 million for 2027; first production from the development projects is planned for late 2028/2029. » Więcej na de.investing.com

At the Noosa Mining Conference 2026, Bathurst Resources emphasized robust demand for coking coal, a debt-free balance sheet with around NZD 120 million in cash reserves, and four profitable mines in New Zealand. Key growth projects are the Buller Plateaux Continuation Project (Capex NZD 105 million, first production 2028–2029) and the Tenas Project in British Columbia (Capex NZD 139 million, 22-year life, production start by 2030). Management sees room to fund projects from existing resources but cites permitting risks, First Nations concerns, and market risks as the main uncertainties. » Więcej na de.investing.com

Bathurst Resources reports an 8% drop in revenue to NZD 182 million for the nine months to 31 March 2026 and a consolidated EBITDA of NZD 30 million (‑25%), with an operating loss of NZD 2 million. The company confirms its annual EBITDA guidance of NZD 35–45 million, holds NZD 141 million in cash and is virtually debt‑free, which is expected to fund planned development projects. Key projects are the Buller Plateaux Continuation Project in New Zealand and the Tenas project in British Columbia; Buller is seen as a near‑term catalyst because of a possible fast‑track approval process in 2026. Management is cutting dividends/share buybacks in favor of reinvestment, while an ongoing legal dispute with Talley’s Group remains a source of uncertainty. » Więcej na de.investing.com