KCN Investor Presentation September 2025

Open PDF
Stock Kingsgate Consolidated Ltd (KCN.ASX)
Release Time 11 Sep 2025, 10:41 a.m.
Price Sensitive Yes
 Kingsgate Consolidated Ltd Investor Presentation September 2025
Key Points
  • Chatree Gold Mine in Thailand ramping up production, targeting 85-95k oz Au in FY26
  • Nueva Esperanza development project in Chile advancing, exploring options to unlock value
  • Strengthening balance sheet with debt repayment, exposure to record gold and silver prices
Full Summary

Kingsgate Consolidated Ltd's investor presentation provides an overview of the company's key assets and operations. The Chatree Gold Mine in Thailand is ramping up production, with 74,661 oz of gold and 625,698 oz of silver produced in FY25. The company is targeting 85-95k oz of gold production in FY26, with a focus on improving cost efficiency and increasing waste movements to support long-term production. The Nueva Esperanza development project in Chile is also progressing, with ongoing work on the mineral resource and ore reserve update, as well as exploring options to advance the project, including a separate listing, joint venture, or sale. Kingsgate has a strong balance sheet, with around US$72 million in total cash, bullion, and doré, and has repaid US$12 million in debt during FY25. The company is focused on disciplined capital management and returning cash to shareholders through buybacks and dividends. Kingsgate also has a robust exploration program planned for the next field season to assess the Phichit province licences near the Chatree mine, with the potential to unlock further value.

Guidance

Chatree Gold Mine FY26 production guidance of 85,000 - 95,000 oz of gold and an AISC (pre-royalties) of US$1,550/oz - US$1,750/oz. Gold equivalent production guidance of 93,000 - 103,000 oz AuEq.

Outlook

Kingsgate is focused on continuing to ramp up production at the Chatree Gold Mine, building on the 75,000 oz of gold produced in FY25. The company is targeting record production and cashflow in FY26, with a focus on improving cost efficiency and increasing waste movements to support long-term production. Kingsgate is also exploring options to advance the Nueva Esperanza development project in Chile to unlock value for shareholders.