Ankündigung • Oct 02
Australian Pacific Coal Limited, Annual General Meeting, Nov 28, 2025 Australian Pacific Coal Limited, Annual General Meeting, Nov 28, 2025. New Risk • Sep 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$118m free cash flow). Share price has been highly volatile over the past 3 months (56% average daily change). Negative equity (-AU$11m). Earnings have declined by 13% per year over the past 5 years. Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$4.20m market cap, or US$2.80m). Minor Risk Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). New Risk • Jul 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$3.50m (US$2.28m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$118m free cash flow). Share price has been highly volatile over the past 3 months (32% average weekly change). Negative equity (-AU$11m). Earnings have declined by 13% per year over the past 5 years. Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$3.50m market cap, or US$2.28m). New Risk • Jun 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 18% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$118m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Negative equity (-AU$11m). Earnings have declined by 13% per year over the past 5 years. Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$30.8m market cap, or US$20.1m). New Risk • Apr 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$118m free cash flow). Negative equity (-AU$11m). Earnings have declined by 13% per year over the past 5 years. Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (AU$33.6m market cap, or US$21.2m). Board Change • Apr 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Non-Executive Director Nick Johansen is the most experienced director on the board, commencing their role in 2023. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. New Risk • Mar 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$118m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$118m free cash flow). Negative equity (-AU$11m). Earnings have declined by 13% per year over the past 5 years. Shareholders have been substantially diluted in the past year (36% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$46.2m market cap, or US$28.7m). New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 36% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (36% increase in shares outstanding). Revenue is less than US$1m (AU$301k revenue, or US$188k). Minor Risk Market cap is less than US$100m (AU$64.4m market cap, or US$40.1m). Recent Insider Transactions • Dec 19
Non-Executive Chairman recently bought AU$94k worth of stock On the 13th of December, John Robinson bought around 1m shares on-market at roughly AU$0.094 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was John's only on-market trade for the last 12 months. New Risk • Nov 13
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 53% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (53% increase in shares outstanding). Revenue is less than US$1m (AU$301k revenue, or US$197k). Minor Risks Share price has been volatile over the past 3 months (17% average weekly change). Market cap is less than US$100m (AU$94.6m market cap, or US$61.8m). Ankündigung • Oct 04
Australian Pacific Coal Limited, Annual General Meeting, Nov 29, 2024 Australian Pacific Coal Limited, Annual General Meeting, Nov 29, 2024. Reported Earnings • Oct 01
Full year 2024 earnings released: AU$0.027 loss per share (vs AU$0.052 loss in FY 2023) Full year 2024 results: AU$0.027 loss per share. Net loss: AU$12.6m (flat on FY 2023). New Risk • Sep 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$7.8m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Shareholders have been diluted in the past year (22% increase in shares outstanding). Revenue is less than US$5m (AU$3.2m revenue, or US$2.2m). Market cap is less than US$100m (AU$93.4m market cap, or US$64.8m). New Risk • Aug 14
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$7.8m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Minor Risks Revenue is less than US$5m (AU$3.2m revenue, or US$2.1m). Market cap is less than US$100m (AU$82.7m market cap, or US$54.9m). New Risk • Jul 01
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 54% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$7.8m free cash flow). Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Minor Risks Revenue is less than US$5m (AU$3.2m revenue, or US$2.1m). Market cap is less than US$100m (AU$41.6m market cap, or US$27.8m). Ankündigung • Jun 06
Australian Pacific Coal Limited Announces Board Appointments Australian Pacific Coal Limited announced that Mr. Jeff Gerard has been appointed an Independent Non-Executive Director and Mr. John Robinson has been appointed a Non- Executive Director of the Company, with immediate effect. Mr. Gerard has over 40 years' management experience in the resource industry gained through various technical, operational, commercial and executive management roles with global mining companies in Australia and internationally. He has operated at all levels in the mining industry such as Country Manager (DRC, Americas, Africa, China), CEO, MD, COO, Operations Manager, Business Development and Technical Services. Mr. Gerard led the Xstrata /Glencore team in the due diligence and acquisition of some 25 mining businesses, whilst having ongoing responsibility to deliver improved performance across multiple operations in Australia, Africa, North and South America. He was a member of the Xstrata Investment Committee with responsibilities for business growth including M&A and both green and brownfield project delivery. Mr. Gerard is seasoned Company Director of exploration, development and operating companies globally. He is currently the chairman of a KGL Resources and consults to a number of local and international companies on strategy, management and operating performance improvement. Mr. John Robinson's career in business and investment spans the property, mining and retail sectors. He has led numerous private equity acquisitions and has extensive knowledge and experience associated with the provision of support services in the mining, oil and gas sector for Australian operations. Mr. Robinson is currently a Director of Trepang Services Pty Ltd. He is also the former Managing Director ofAustralian Pacific Coal and was a Director from 30 October 2015 to 18 November 2019. Mr. Robinson joins the Boardas a nominee of Australian Pacific Coal's major shareholder, Trepang. Reported Earnings • Mar 18
First half 2024 earnings released: AU$0.006 loss per share (vs AU$0.045 loss in 1H 2023) First half 2024 results: AU$0.006 loss per share (improved from AU$0.045 loss in 1H 2023). Net loss: AU$2.34m (loss narrowed 72% from 1H 2023). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. New Risk • Mar 16
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$7.8m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-AU$7.8m free cash flow). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (31% increase in shares outstanding). Revenue is less than US$5m (AU$3.2m revenue, or US$2.1m). Market cap is less than US$100m (AU$42.9m market cap, or US$28.1m). Ankündigung • Dec 28
Australian Pacific Coal Limited has filed a Follow-on Equity Offering in the amount of AUD 5.125 million. Australian Pacific Coal Limited has filed a Follow-on Equity Offering in the amount of AUD 5.125 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 56,944,445
Price\Range: AUD 0.09
Transaction Features: Subsequent Direct Listing Ankündigung • Oct 05
Australian Pacific Coal Limited, Annual General Meeting, Nov 30, 2023 Australian Pacific Coal Limited, Annual General Meeting, Nov 30, 2023. Agenda: To consider election of directors. New Risk • Sep 29
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$6.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$6.2m free cash flow). Shareholders have been substantially diluted in the past year (over 7x increase in shares outstanding). Revenue is less than US$1m (AU$320k revenue, or US$206k). Minor Risk Market cap is less than US$100m (AU$50.4m market cap, or US$32.5m). Reported Earnings • Sep 29
Full year 2023 earnings released: AU$0.052 loss per share (vs AU$0.23 loss in FY 2022) Full year 2023 results: AU$0.052 loss per share. Net loss: AU$12.5m (loss widened 8.9% from FY 2022). Ankündigung • Jan 09
Australian Pacific Coal Limited Appoints Nick Johansen and Jeff Beatty as Non-Executive Directors of the Company, with Immediate Effect Australian Pacific Coal Limited advised of the appointment of Nick Johansen and Jeff Beatty as Non-Executive Directors of the Company, with immediate effect. Mr. Johansen is a solicitor with extensive mining experience, ranging from junior exploration to production, across a range of commodities. Nick has expertise in transactions, resources regulation, native title and environmental law. Nick completed his Graduate Diploma of Legal Practice at Australian National University. In addition, he holds a BA in economics from the University of Adelaide. Mr. Beatty is a mining professional with extensive experience in both coal and metalliferous, open cut and underground mining operations, including mine development and exploration and civil construction activities in Australia and in international environments. Jeff holds qualifications in mine management, occupational health and safety and business management and has previously held executive management roles at Carabella Resources, Vale Global Coal and AMCI Australia. Mr. Beatty is also currently Manager - Planning & Approvals with Tetra Resources Pty Ltd, who is a joint venture participant in the Dartbrook Project. Mr. Beatty holds a 10% interest in the Tetra Resources Dartbrook Joint Venture entity. Ankündigung • Nov 25
Australian Pacific Coal Limited Announces Executive Changes Australian Pacific Coal Limited announced the appointment of Mike Ryan and Ayten Saridas as Non-Executive Directors of the company, with immediate effect. Mr. Ryan is a highly accomplished executive and director with background in domestic and international capital markets. He has managerial and operational experience across a range of industries primarily focused on turnaround and growth. Mike's accomplished career has included roles as an Executive Director of Goldman Sachs JBWere, Morgan Stanley and Citibank. He was also previously Managing Director of CIMB and Head of Equities atShaw and Partners. Ms. Saridas is a finance executive with over 30 years of international experience across a broad range of industries including oil and gas, mining, retail, infrastructure, property, and financial services. Ms. Saridas has an established reputation in the financial markets and has held CFO and executive roles with Coronado Global Resources, Santos Limited, AWE Limited and Woolworths amongst other ASX listed companies. With the appointment of Mike and Ayten, Craig John McPherson has tendered his resignation as a Director of the Company. Date of appointment of Mike Ryan and Ayten Saridas is 25 November 2022. Craig John McPherson resignation date is 25 November 2022. Board Change • Nov 16
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Executive Chairman David Conry is the most experienced director on the board, commencing their role in 2020. Independent Non-Executive Chairman Tony Lalor was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Ankündigung • Oct 29
Australian Pacific Coal Limited Provides Update on Key Activities Leading to the Planned Restart of Underground Operations At the Dartbrook Coal Mine Australian Pacific Coal Limited provided an update on key activities leading to the planned restart of underground operations at the Dartbrook Coal Mine, located in the Hunter Valley, NSW. As previously advised, the Company's plan to recommence underground mining operations at the Dartbrook Coal Mine have received MOD7 approvals from the NSW Government. Key personnel from the proposed mine operator, Tetra Resources Pty Ltd. ("Tetra"), are currently on site and are finalising mobilisation plans, the restart program timeline and capital requirements to enable the successful recommencement of underground mining operations. Following presentations from Tetra this week, the Company anticipates that underground mining operations could restart as projected in the second half of 2023, subject to securing the restart capital debt package and customary operating approvals. Ankündigung • Oct 05
Australian Pacific Coal Limited has completed a Follow-on Equity Offering in the amount of AUD 44.862741 million. Australian Pacific Coal Limited has completed a Follow-on Equity Offering in the amount of AUD 44.862741 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 131,949,238
Price\Range: AUD 0.34
Discount Per Security: AUD 0.01955
Transaction Features: Rights Offering Ankündigung • Oct 04
Australian Pacific Coal Limited, Annual General Meeting, Nov 28, 2022 Australian Pacific Coal Limited, Annual General Meeting, Nov 28, 2022. Reported Earnings • Oct 01
Full year 2022 earnings released: AU$0.23 loss per share (vs AU$0.47 loss in FY 2021) Full year 2022 results: AU$0.23 loss per share (improved from AU$0.47 loss in FY 2021). Net loss: AU$11.5m (loss narrowed 52% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 54% per year, which means it is well ahead of earnings. Ankündigung • Sep 10
Pacific Premium Coal Pty Ltd offered to acquire Australian Pacific Coal Limited (ASX:AQC) for AUD 50.48 million. Pacific Premium Coal Pty Ltd offered to acquire Australian Pacific Coal Limited (ASX:AQC) for AUD 50.48 million on September 7, 2022. Pacific Premium Coal Pty Ltd has offered AUD 1 for each AQC share. The Company advises that the proposal is at an extremely early stage, is non-binding, conditional and requires further consideration. Shareholders are advised to take no action at this time. Ankündigung • Sep 02
Australian Pacific Coal Limited Proposes Removal of David Conry Am; Craig John Mcpherson and Tony Lalor as Directors Australian Pacific Coal Limited proposed to general meeting about Removal of Mr. David Conry AM; Mr. Craig John McPherson and Mr. Tony Lalor as a director of the Company. Ankündigung • Aug 26
M Resources Pty Ltd submitted a proposal to acquire Australian Pacific Coal Limited (ASX:AQC) from its shareholders for AUD 18.2 million. M Resources Pty Ltd submitted a proposal to acquire Australian Pacific Coal Limited (ASX:AQC) from its shareholders for AUD 18.2 million on August 25, 2022. M Resources Pty Ltd has offered to pay AUD 0.36 per share. The transaction is subject to approval by Australian Pacific's approval and lenders approval. The transaction is subject to consummation of due diligence. For the transaction to go forward, 90% minimum acceptance to the proposal is required. Board Change • Apr 27
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Chairman & CEO David Conry is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 17
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: AU$0.13 loss per share (up from AU$0.23 loss in 1H 2021). Net loss: AU$6.38m (loss narrowed 45% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 37% per year, which means it is performing significantly worse than earnings. Board Change • Jan 02
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Chairman & CEO David Conry is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 06
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Chairman & CEO David Conry is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 01
Full year 2021 earnings released Full year 2021 results: Net loss: AU$23.7m (loss widened 84% from FY 2020). Ankündigung • Nov 03
Australian Pacific Coal Limited Announces Director Changes Australian Pacific Coal Limited announced that Mr. Tony Lalor has been appointed as a Non-Executive Director of the company. Mr. Lalor is a partner at a leading Australian law firm with over 20 years work experience. He practices in corporate advisory with particular experience in mergers and acquisitions and equity capital market transactions. The company also announced that The Hon. Shane Stone AC has resigned as Non-Executive Director. AQC notes Mr. Stone's resignation follows a communicated intention of transitioning to retirement. Is New 90 Day High Low • Nov 03
New 90-day high: AU$0.23 The company is up 53% from its price of AU$0.15 on 05 August 2020. The Australian market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 7.0% over the same period. Ankündigung • Oct 06
Australian Pacific Coal Limited announced that it has received AUD 1 million in funding from Shanghai Metal Corporation Australian Pacific Coal Limited (ASX:AQC) announced a private placement of 1,250,000 ordinary shares at a price of AUD 0.80 per share for gross proceeds of AUD 1,000,000 on October 29, 2018. The transaction will include participation from Shanghai Metal Corporation. The transaction is subject to shareholder approval. Reported Earnings • Oct 01
Full year earnings released - AU$0.26 loss per share Over the last 12 months the company has reported total losses of AU$12.9m, with losses narrowing by 2.4% from the prior year. Ankündigung • Sep 24
Australian Pacific Coal Limited Announces Board Changes Australian Pacific Coal Limited announced that Mr. Mark Jagla has been appointed as a Non-Executive Director of the company. Mr. Jagla has qualifications in Bachelor of Applied Science (Building), University of Canberra. Mr. Jagla holds several board roles in the private sector and has extensive experience as a senior manager in the property and construction industries. AQC also announced that Ms. Ainslie Maclean has resigned as Non-executive Director. Ankündigung • Sep 19
Australian Pacific Coal Limited to Be Deleted from Other OTC Australian Pacific Coal Limited’s Ordinary Shares will be deleted from Other OTC effective September 21, 2020. The deletion was due to Inactive Security. 