Sign in

    Ben Wood • Wilsons Advisory

    Ben Wood's questions to MAC Copper Ltd (MTAL) leadership

    Ben Wood's questions to MAC Copper Ltd (MTAL) leadership • Q1 2025

    Question

    Ben Wood from Wilsons Advisory asked for clarification on the 2026 production guidance, questioning if the reference to 'copper equivalent' signaled a more conservative copper outlook, and also asked if the budget for the ventilation project remains on track.

    Answer

    CEO Michael James McMullen clarified that the production outlook has not changed and the 'copper equivalent' language was added to reflect the new contribution from zinc, which was not in the original forecast. He expressed confidence in potential upside to the guidance. He also confirmed the AUD 42 million budget for the ventilation project is on track and noted that the development cost per meter has been decreasing.

    Ask Fintool Equity Research AI

    Ben Wood's questions to United Natural Foods Inc (UNFI) leadership

    Ben Wood's questions to United Natural Foods Inc (UNFI) leadership • Q1 2025

    Question

    Ben Wood from BMO Capital Markets asked for an update on the services business's EBITDA contribution, whether natural/organic success is attracting conventional customers, and the status of the simplified supplier fee structure rollout.

    Answer

    CEO Sandy Douglas confirmed services and brands continue to outgrow the company and are a meaningful part of profitability. He noted that while the trend to healthier products is broad, UNFI's main focus is improving the overall supplier experience through its new programs, which are well into their rollout and are a key strategic priority.

    Ask Fintool Equity Research AI