2 weeks Ago
Ramelius Resources Limited ( OTCPK:RMLRF ) Q1 2025 Earnings Conference Call October 28, 2024 8:00 PM ET Company Participants Mark Zeptner - Managing Director Darren Millman - CFO Conference Call Participants Andrew Bowler - Macquarie Michael Scantlebury - Euroz Hartleys Alex Barkley - RBC Paul Kaner - Ord Minnett Rob Wolf - Private Investor Operator Thank you for standing by, and welcome to the Ramelius Resources Quarterly Teleconference. All participants are in a listen-only mode. There will be a presentation followed by a question-and-answer session.
[Operator Instructions]. I would now like to hand the conference over to Mr. Mark Zeptner, Managing Director.
Please go ahead. Mark Zeptner Thank you. Good morning, everyone.
Thank you for taking the time to dial in this morning. In addition to the quarterly report, we have released the presentation that we will speak to during this call. All documents have been uploaded on the ASX platform and will also be available on our website shortly.
This morning, I'm again joined by our CFO, Darren Millman. Darren will provide some detail on the financials after I run through the highlights and touched on operational performance as well as our development projects. As usual, there will be an opportunity for listeners to ask questions at the end.
So for those who have downloaded the presentation deck, I'll be speaking initially to Slide 3. On Slide 3, we generated $89 million in underlying free cash flow during the quarter and whilst our cash and gold levels remained at a similar level to last quarter at approximately $440 million, the balance does take into consideration our additional $97 million investment in Spartan Resources in July. Our quarterly gold production of 62,444 ounces was at an all-in sustaining cost of $19.
65 an ounce. The all-in sustaining cost, whilst higher than full year guidance, is in line with our plan and it should also be.
