Thanks, good morning, everyone. Just want to thank you all for hanging around for the best session of Noosa, the last one. After four days of arduous looking and talking and spending some time at the surf club. I hope you had a good time last night. We are Hillgrove Resources. We are a copper producer. We're a copper producer that's actually putting money in the bank. We're not actually an antimony mine or a development opportunity. We are a copper producer in South Australia. I'll let you read the disclaimers at your own leisure. You've heard a few times that people have got mines located in magnificent locations or a location that's easy to get to. I actually think that we beat everybody. We're 55 km out of Adelaide. We're in the Adelaide Hills. I'll show you a picture in a minute. All of our workforce is local. Everybody comes from around the mine site and drives in every day. We've actually got the power line from Adelaide to Melbourne going right past our front door, we get very cheap power. We get around about AUD 0.14 per kilowatt hour. We also have access to water, access to the main highways, access to the port for our exporting of our product. Very well-located, which is why we have very good cost controls and very good cost structure. Over the last 6 months, we have seen a growing institutional base, which is a very pleasing thing to see as well. We've got a board which has been there for about 4 to 5 years now. The clicker's not working. There it is. I'm going to talk just very quickly about the copper thematic in the world. Everyone's asking, why is copper going up? Why is copper, it's hitting AUD 19,000-AUD 20,000 a tonne just recently. The reason for that is that there is a scarcity and a shortage of copper in the world. If you take the example of in the next 20-30 years, if we do what we need to do from electrification or data, we actually need to produce just as much copper in the next 30 years as we've actually produced in the last 13,000 years. If you add on top of that, the fact that, this is this one here, they're the top five deposits or five discoveries over the last 40 years. As you can see, the size of the discovery is actually shrinking as we get closer to us. They're getting smaller and smaller, harder to find, lower grade. The reason the copper price is going up is because it's scarce and because we don't have enough. At Hillgrove, over the last two years, I've been there for just over two years now, we've taken the mine from around about 900,000 tonnes in 2024 to about 1.6 million tonnes last year. This year, in June, we promised the market that we'd be doing a 1.8 million tonne rate, we are doing that in June this year. We've accelerated the growth of the mine very rapidly over the last two years. We still have a long way to go. We're doing a 1.8 million tonne rate now. Just this week, the board approved the third mining front being Emily Star, I'll talk about that in a minute. That will take us to + 2 million tonnes. We have a plant which is 3.6 million tonnes. We have a metallurgical system that we grind to about 210 microns and get 96% recovery. From a recovery perspective, it's actually very excellent and it's high recovery. What we can do is we can actually increase our throughput in that plant very cheaply because we've got fixed costs and it's all been spent. We will get to around about 2 million-2.5 million tonnes with Emily Star. We have a spare capacity of around about 1 million tonnes, and that's our future growth. We also did a farm-in arrangement with Havilah just recently, and that is the opportunity to fill this plant to 3.6 million tonnes for over 10 years. I'm having problems with the clicker. That is Kanmantoo. The first thing I'll say about this slide here is that it is not photoshopped. That's actually what it is. We are around about 10-15 minutes away from most of the vineyards and some of the nicest places in Australia. In the background there, you can see our TSF. The site is 95% rehabbed, and we've got everything paid off on this site. The plant in the forefront, and you'll see down the bottom, the railway line. That railway line is the reason we can actually look at Mutooroo and bringing Mutooroo down 600+ km on rail to be processed through the Kanmantoo plant. That's what gives us the competitive advantage, and that's why we actually can get this mill full. We've got a growing resource reserve, and this year we'll put more into that resource reserve in the December quarter. We'll have another update coming out of our annual resource reserve update then. We have very strong local support and community support. Just on the mining front, this is a picture from December 31. As you'll see, the brown decline is exactly where it needs to be for all of the production, which is the red stoping areas, for 2026. At the beginning of the year, we had everything pre-developed from a major capital perspective for this year's production, de-risking production this year. That's where we sit today. In the last six months, no shock, we've got about 50% of this year's completed. We're getting ready now for 2027 production. We're getting ready now for the next stage of that lift with Emily Star. You'll also see the Kavanagh North or North Kavanagh exploration incline. That exploration incline is getting ready for drilling in 2027 for production in 2028. We've stretched our planning horizon from one month to three months to six months to two to three years now. We're thinking forward. We're thinking, "What are we going to be doing? What do we need to be doing today to maintain a 1.8 million-2 million tonne operation and increasing copper producers?" Below all of these, the color there is only limited by drill holes. This year, we'll do around about 59,000 m of underground drilling. Last year, we did 69,000 m. All those are going into our mineral resource and ore reserve update. Emily Star. We announced this earlier this week, late last week. Emily Star is our third mining front. We didn't commit to this until we'd had the geology and until we had the geotech certainty that we could mine this economically. Last six months, we've actually done that work. We've completed it. The decline is up to that brown face there. We'll start doing the additional decline in the coming week to two weeks to actually start accessing that ore body. In the next six to eight weeks, we'll put the decline, the portal in, sorry, to open this up for production in the second half of 2027. That will take us above 2 million tons. We started talking about this six months ago, and we said we thought it was going to be about AUD 23 million-AUD 25 million to bring it online. It will be between AUD 23 million and AUD 25 million. When we brought Nugent online, we promised that for AUD 21 million, and we delivered for AUD 21 million. We also delivered Nugent within a month of when we said we would, early. This will be producing in the second half of 2027, and we will do that. We do have 13 prospects on site. We're only mining two of these at the moment. We'll be mining the third one in Emily Star. We'll be exploring the fourth one at North Kavanagh, but we'll also be looking at Matthews and at the Coopers deposits at the same time. That will be opening up further. We still have a lot of ground here to actually explore on to get further life of mine extensions. Mutooroo. Mutooroo is the exciting one for me at the moment because it's going to give us the ability to get to 3.6 million tons or thereabouts at Kanmantoo. It will allow us to bring our operating costs down, it'll allow us to put our copper units up and actually increase our cash flow. We've got positive cash flow now. We're doing 1.8 million tons. Just imagine what it's going to be when we're doing 3.6 million tons at a bit higher grade. This is the opportunity for us to fill this. This is the opportunity for Hillgrove to actually then start looking outside of Kanmantoo for further growth, because this one will be complete then. Mutooroo is a JV with Havilah, and we're really happy to be Sorry, in a JV with them. They are great explorers, and they've found a lot of stuff. That picture on the right-hand side is a flash flotation test that we've done. Mutooroo will float. I'm not saying that's how it's going to look because that looks crappy, but it will look better than that. That was the first one we did just to test that it was going to work, and it does. From an exploration perspective, we have, as I said, Mutooroo as a development opportunity. We're drilling Kanappa at the moment. That's a porphyry potential with great signatures. We've got Firehawk, which is another porphyry potential, which we're doing surface work on that, and we'll be drilling it next year. We have a clear pipeline onsite. We have a clear pipeline to fill Kanmantoo, now we've got to start looking at our portfolio for the future. I talked earlier that we're not an antimony miner. We're not a developer. We are and we have put to our shareholders that we would like to change our name to Kantra Copper. Kantra comes from two things. One is Kanmantoo. We want to honor the Kanmantoo operation, which we started from. Terra for Earth. Tra is just a shortened version of that. Obviously, we want to be a copper producer. Kantra Copper, I hope I'll be standing here next year talking about that, not about Hillgrove. All the things that we've done this year, all the things we're going to do this year, lots of green ticks, no red crosses. We're actually doing what we say we're going to do, and this is what we're doing for the rest of the year. Just to prove that we are in operation, I just wanted to put this up here. This is the Kanmantoo pit. As it's going, I'll just sort of close off. We are in a Tier- 1 jurisdiction. South Australia is a magnificent place to work. It actually supports mining like you would not believe. We are 55 km out of Adelaide. Not that that is a good thing in itself. What it gives us is access to good resources from a people perspective, good resources from services, from power, from water, road access, et cetera, et cetera, et cetera, which allows us to mine Kanmantoo at a very cheap unit rate, which is why we can make money, which is why we can put cash in the bank. If you read our quarterly, just last quarter, we put AUD 7 million in the bank, and that is including a hedge loss of about AUD 6 million, which rolls off this quarter to zero. You can do your own maths of how much we're going to be putting in the bank for the rest of this year. Please take a look at us. We do have some handouts out the front if you want to look at it, and I'm really looking forward to the next 12 months to come back here and show you what we can do next year. Thanks.
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