High Peak Royalties Reports A$345,240 in June Quarter Receipts and Stable Cash Flow

Royalty Income and Cash Flow Stability

High Peak Royalties Limited (ASX, HPR) has released its June 2025 quarterly report, revealing gross royalty receipts of A$345,240. After accounting for operating outflows, net cash receipts stood at A$66,585, contributing to a closing cash balance of A$335,974. The company reported no unusual operating expenses beyond routine director fees and administrative costs, underscoring a stable financial footing for the period.

Monitoring Key Royalty Assets Across Australia

High Peak continues to closely track its diverse portfolio of royalty interests. In the Northern Territory’s Amadeus Basin, the company holds a 1% royalty on several permits including Jacko Bore/Mt Kitty and Dukas. Central Petroleum’s recent updates indicate active discussions with potential partners to fund sub-salt exploration targeting helium, hydrogen, and hydrocarbons, signaling potential future value uplift.

In Victoria’s Gippsland Basin, the Longtom Gas Field remains a focus. Although no new updates have emerged from Amplitude Energy, the adjacent Patricia-Baleen field is undergoing assessments for production restart and possible gas storage projects, which could indirectly benefit High Peak’s royalty position.

Queensland’s Peat Gas Field delivered robust production, averaging 9.8 terajoules per day during the quarter, significantly higher than the previous period. This strong output translated into royalty receipts of A$107,034 from Origin Energy, reinforcing the asset’s contribution to High Peak’s revenue stream.

Geothermal Exploration Progress and Compliance

High Peak’s geothermal interests, held through its subsidiary Torrens Energy, include four exploration licences and four applications in South Australia. The company has secured ministerial consent for environmental approvals, ensuring compliance with regulatory requirements. Efforts continue to obtain government approval for licence transfers linked to ownership changes, reflecting ongoing strategic management of these assets.

Corporate and Governance Notes

The quarter saw no material corporate developments or financing activities. Related party payments amounted to approximately A$38,000, primarily director fees and associated costs, in line with disclosure obligations. High Peak remains engaged with operators across its portfolio, maintaining oversight of production and exploration activities to safeguard and potentially enhance its royalty income.