Quarterly Activities/Appendix 5B Cash Flow Report
| Stock | GWR Group Ltd (GWR.ASX) |
|---|---|
| Release Time | 27 Jan 2026, 12:10 p.m. |
| Price Sensitive | Yes |
GWR Group Reports Quarterly Activities and Cash Flow
- $75 million in cash and investments as of December 2025
- Progressing Prospect Ridge Magnesite Project with ongoing work
- Reviewing potential acquisition opportunities across key commodities
GWR Group Limited (GWR) is an independent, Australian resource company focused on creating shareholder value through the development of high-quality mineral exploration and development projects. The company has a portfolio of mineral commodity projects, including the Prospect Ridge Magnesite Project, investment in Tungsten Mining NL (ASX: TGN), and royalty interests in iron ore and gold projects. As of December 2025, GWR had a total of $75 million in cash and investments, including $15 million in term deposits and $21 million in cash. The company also holds a 15.89% stake in Tungsten Mining NL, which is valued at approximately $39 million. During the quarter, GWR continued to progress the Prospect Ridge Magnesite Project, with work focused on updating the project work plan and undertaking ongoing metallurgical testwork and ore characterization activities. The company also lodged an application for an extension of term for the project's exploration license, which is currently under review. In addition to its project activities, GWR has been actively reviewing potential acquisition opportunities across a range of commodities, including gold, copper, silver, and critical minerals. The company has undertaken due diligence on several potential transactions, although it has also withdrawn from one opportunity that did not meet its investment criteria. GWR remains committed to executing disciplined transactions that can deliver transformational value to shareholders, while maintaining a strong financial position and capital discipline.
GWR will continue to progress the Prospect Ridge Magnesite Project, with a focus on advancing the project through the next phase of development. The company will also remain focused on identifying and evaluating potential acquisition opportunities across key commodities that align with its strategic objectives.