Kaiser Reef says it produced 26,000 ounces of gold at Henty in FY2026 and is targeting 30,000 ounces in FY2027, while Maldon exploration is underway. The company reports approximately $40 million in cash and bullion and says its gold loan was fully repaid in October, leaving it unhedged.
Closing price · 2026-10-27: $0.155 · +3.33%
Kaiser Reef produced 6,263 ounces of gold in the September quarter and increased cash and bullion by $2.8 million to $40 million, while generating $5.6 million in underlying cash flow. It fully repaid its gold loan after quarter-end using Henty operating cash flow, and says Henty’s reserve update effectively replaced mining depletion, maintaining an approximately six-year reserve-based mine life. Underground development at Union Hill has opened up new areas for drilling at Maldon.
Closing price · 2026-10-26: $0.150 · -6.25%