secwatch.observer — SEC 8-K summary
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Issuer:     Contango Silver & Gold Inc. (CTGO)
CIK:        0001502377
Form:       8-K
Filed at:   2025-11-14T23:59:59+00:00
Accession:  0001193125-25-280652
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Contango Ore Q3: record $25M operating income, $107M cash, 16,669 oz gold sold at $1,402/oz cash cost
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- Adjusted net income $24.9M vs $19.1M year ago; net loss $5.4M includes $14.4M derivative loss.
- Sold 16,669 oz gold at cash cost $1,402/oz, AISC $1,597/oz; Q4 guidance 6,000–8,000 oz for Contango share.
- Cash from operations $60.2M YTD; debt reduced to $14.6M after $8.5M post-quarter repayment and $22.4M carry trade settlement.
- Lucky Shot 15,000m drill program underway; feasibility study targeting 30,000–40,000 oz/year within 12–18 months.
- Raised $50M via equity offering of 1.975M shares and pre-funded warrants at $20.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1502377/000119312525280652/0001193125-25-280652-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1502377/000119312525280652/ctgo-20251113.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-280652

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