Board Change • May 20
Less than half of directors are independent There are 5 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: 5 new directors. 3 experienced directors. 2 highly experienced directors. 2 independent directors (4 non-independent directors). Non-Executive Director Tim Crossley is the most experienced director on the board, commencing their role in 2017. Independent Non-Executive Director William Shyan was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • May 01
Less than half of directors are independent There are 5 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: 5 new directors. 3 experienced directors. 2 highly experienced directors. 2 independent directors (4 non-independent directors). Non-Executive Director Tim Crossley is the most experienced director on the board, commencing their role in 2017. Independent Non-Executive Director William Shyan was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Dec 24
Less than half of directors are independent There are 5 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: 5 new directors. 2 experienced directors. 2 highly experienced directors. 2 independent directors (4 non-independent directors). Non-Executive Director Tim Crossley is the most experienced director on the board, commencing their role in 2017. Independent Non-Executive Director William Shyan was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Ankündigung • Sep 27
Pacific Lime and Cement Limited, Annual General Meeting, Dec 18, 2025 Pacific Lime and Cement Limited, Annual General Meeting, Dec 18, 2025. Location: an on-line, Australia Ankündigung • Apr 02
Mayur Resources Limited Provides an Update on the Construction Progress At the Central Lime Project, Located in Papua New Guinea Mayur Resources Limited provided an update on the construction progress at the Central Lime Project (CLP), located in Papua New Guinea. Development activities continue, with significant milestones achieved in wharf construction, site preparation, and early infrastructure works. The Company continues to de-risk the Project through strategic Engineering, Procurement, and Construction (EPC) contract negotiations, reinforcing cost certainty ahead of major construction activities. Wharf Stage 2 - Sheet piling installation complete at Roll-On/Roll-Off (Ro/Ro) ramp; finger wharf with forecast completion in early second quarter 2025. Wharf Stage 3 - Operability study finalised; concept design completion targeted for early second quarter 2025. Early Works - Construction is underway for a fuel storage area, site accesses, and community infrastructure. Civil Design Complete - Bulk earthworks scheduled to commence following Final Investment Decision (FID). Service Road - 27.6km design concept finalised; bridge abutment geotechnical investigations planned for second quarter 2025. Wharf Construction Progressing as Planned. Stage Two of wharf construction is underway, and all sheet pile materials have been delivered to site. Installation of the Ro/Ro ramp and the finger wharf is progressing well and is forecast to be completed early Quarter 2 2025. Following the Wharf Stage 3 operability study, the concept design phase is progressing as planned, with finalisation expected this month. This marks another key milestone in establishing a multi-purpose bulk and containerised cargo wharf ensuring its long-term capacity. Early Works and Site Preparation Continue. Early construction activities continue across multiple infrastructure areas, including: Development of the fuel storage facility; Upgrades to internal site access routes; and Relocation of the community recreational facilities. With site civil design works now complete, the Project is positioned to commence bulk earthworks immediately following FID. Service Road and Bridge Engineering Advancing. The design of the 27.6km service road, a vital logistics corridor for the Project and a critical transport link for the Kido community, has been finalised. Geotechnical investigations for the two bridge abutments are scheduled for second quarter 2025, with findings to guide detailed engineering and construction works later in this calendar year. Ankündigung • Feb 22
Mayur Resources Ltd has completed a Follow-on Equity Offering in the amount of AUD 100.1 million. Mayur Resources Ltd has completed a Follow-on Equity Offering in the amount of AUD 100.1 million.
Security Name: Chess Depository Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 189,642,857
Price\Range: AUD 0.28
Discount Per Security: AUD 0.0168
Security Name: Chess Depository Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 167,857,143
Price\Range: AUD 0.28
Discount Per Security: AUD 0.0056
Transaction Features: Subsequent Direct Listing Ankündigung • Feb 19
Mayur Resources Ltd has filed a Follow-on Equity Offering in the amount of AUD 79.996 million. Mayur Resources Ltd has filed a Follow-on Equity Offering in the amount of AUD 79.996 million.
Security Name: Chess Depository Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 106,500,000
Price\Range: AUD 0.28
Security Name: Chess Depository Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 179,200,000
Price\Range: AUD 0.28
Transaction Features: Subsequent Direct Listing Board Change • Feb 04
Less than half of directors are independent There are 5 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: 5 new directors. 4 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Interim CEO of Energy & Power Generation Business and Executive Director Tim Crossley is the most experienced director on the board, commencing their role in 2017. Independent Non-Executive Director Wong Shyan was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Dec 24
Less than half of directors are independent There are 5 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: 5 new directors. 4 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Interim CEO of Energy & Power Generation Business and Executive Director Tim Crossley is the most experienced director on the board, commencing their role in 2017. Independent Non-Executive Director Wong Shyan was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Ankündigung • Oct 04
Mayur Resources Ltd, Annual General Meeting, Dec 11, 2024 Mayur Resources Ltd, Annual General Meeting, Dec 11, 2024. New Risk • Sep 25
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$14m 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$14m free cash flow). Earnings have declined by 20% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (26% increase in shares outstanding). Revenue is less than US$5m (AU$2.0m revenue, or US$1.4m). Market cap is less than US$100m (AU$117.4m market cap, or US$80.9m). New Risk • Jun 25
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 13% 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 Earnings have declined by 30% per year over the past 5 years. Revenue is less than US$1m (AU$34k revenue, or US$22k). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding). Market cap is less than US$100m (AU$85.1m market cap, or US$56.7m). Ankündigung • Jun 25
Mayur Resources Ltd has completed a Follow-on Equity Offering in the amount of AUD 5 million. Mayur Resources Ltd has completed a Follow-on Equity Offering in the amount of AUD 5 million.
Security Name: Chess Depository Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 9,000,000
Price\Range: AUD 0.2
Security Name: Chess Depository Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 16,000,000
Price\Range: AUD 0.2
Transaction Features: Subsequent Direct Listing Ankündigung • Apr 26
An unknown buyer acquired 5% stake in Adyton Resources Corporation (TSXV:ADY) from Mayur Resources Ltd (ASX:MRL) for CAD0.3 million. An unknown buyer agreed to acquire 5% stake in Adyton Resources Corporation (TSXV:ADY) from Mayur Resources Ltd (ASX:MRL) for CAD0.3 million on April 22, 2024. Prior to the Disposition, Mayur owned 60.8 million Adyton Shares representing approximately 30.5% of the issued and outstanding Adyton Shares on a non-diluted basis and 28.5% on a fully diluted basis. Following the completion of the Disposition, Mayur owned 50.8 million Adyton Shares representing approximately 25.5% of the issued and outstanding Adyton Shares on a non-diluted ??basis and 23.8% on a fully diluted basis.
An unknown buyer completed the acquisition of 5% stake in Adyton Resources Corporation (TSXV:ADY) from Mayur Resources Ltd (ASX:MRL) for CAD0.3 million on April 23, 2024. Ankündigung • Mar 15
Mayur Resources Ltd has filed a Follow-on Equity Offering in the amount of AUD 9.5 million. Mayur Resources Ltd has filed a Follow-on Equity Offering in the amount of AUD 9.5 million.
Security Name: Chess Depository Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 47,500,000
Price\Range: AUD 0.2
Discount Per Security: AUD 0.012
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Mar 12
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$11m 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$11m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 30% per year over the past 5 years. Revenue is less than US$1m (AU$49k revenue, or US$32k). Minor Risks Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (AU$77.3m market cap, or US$51.1m). Ankündigung • Jan 19
Mayur Resources Ltd Appoints Musje Moses Werror as Director Mayur Resources Ltd. announced the appointment of Musje Moses Werror as director. Date of appointment is on January 17, 2024. In his new role, Werror will have a wide range of responsibilities, including the critical task of overseeing government and community relations across Mayur's diverse portfolio of projects. Mr. Werror brings over two decades of leadership experience in the mining and resources sector of PNG. He most notably served as the Managing Director and Chief Executive Officer of Ok Tedi Mining Limited from June 2020 until December 2022. He began his distinguished career at Ok Tedi Mining in 1988 as a graduate and has since held various significant roles, including managing health, safety & environment, mine closure planning, tax credit scheme projects, government affairs and leading community relations in the Western Province of PNG. In addition to his role at Mayur, Mr. Werror is currently serving as an Independent Non-Executive Director at Santos Limited. Past directorships include Oil Search Limited (2021 until merger with STO), Chairman of the Western Province Health Authority and Chairman of the Ok Tedi Development Foundation (2020-2022). Ankündigung • Nov 29
Mayur Resources Limited Announces Board Changes Mayur Resources Limited announced the appointment of Mr. Richard Pegum as an Executive Director of Mayur effective 29 November 2023. Mayur also advises that current Chairman, Mr. Charles Fear, will retire as a Director at the upcoming 2023 Annual General Meeting (AGM). Upon Mr. Fear’s retirement, Mr. Pegum will be appointed Executive Chairman. Mr. Pegum is a highly accomplished finance and investment professional, bringing a rich legacy of experience to the role. Having started his career at Macquarie Bank, he rapidly advanced to the position of Executive Director (at age 29). His strategic leadership was instrumental in expanding one of the bank's key trading divisions to regions including Hong Kong, South Africa, Japan, Europe and Brazil. He then went on to become the founding Partner of Bennelong Asset Management in the United Kingdom and successfully managed the firm's growth, overseeing assets over $3 billion. Mr. Charles Fear, Mayur’s current Non-Executive Chairman, has advised of his intention to retire as a Director at the conclusion of the 2023 AGM to be held on Friday 22 December 2023. Upon Mr. Fear’s retirement, Mr. Pegum will be appointed Executive Chairman. Mr. Pegum’s appointment as a Director takes effect immediately. He will commence the role of Executive Chairman upon Mr. Fear’s retirement at the 2023 AGM, and will stand for re-election at the same meeting as per the Company’s Constitution. Board Change • Nov 11
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 3 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Interim CEO of Energy & Power Generation Business and Executive Director Tim Crossley is the most experienced director on the board, commencing their role in 2017. Independent Non-Executive Director Chris Indermaur was the last independent director to join the board, commencing their role in 2021. 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 • Nov 10
Mayur Resources Ltd announced that it expects to receive AUD 0.75 million in funding Mayur Resources Ltd announced a private placement of common shares for the gross proceeds of AUD 750,000 on November 8, 2023. Ankündigung • Nov 07
Mayur Resources Limited Announces Board Changes, Effective 7 November 2023 Mayur Resources Limited announced the appointment of a new Singapore resident Director, Mr. Wong Fang Shyan, to the Mayur Board, with effect from 7 November 2023. Mayur also announced the resignation of Mr. Benjamin Szeto Yu Hwei as Mayur's Singapore resident Director, with effect from 7 November 2023. The changes have occurred due to personnel changes within Mayur's company secretarial services provider in Singapore. Ankündigung • Sep 20
Mayur Resources Ltd, Annual General Meeting, Dec 13, 2023 Mayur Resources Ltd, Annual General Meeting, Dec 13, 2023, at 15:00 E. Australia Standard Time. New Risk • Sep 10
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. 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$8.4m free cash flow). Share price has been highly volatile over the past 3 months (24% average weekly change). Earnings have declined by 45% per year over the past 5 years. Revenue is less than US$1m (AU$2.8k revenue, or US$1.8k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (36% increase in shares outstanding). Market cap is less than US$100m (AU$65.5m market cap, or US$41.7m). Recent Insider Transactions • Apr 12
Executive Chairman recently sold AU$1.3m worth of stock On the 3rd of April, Craig Ransley sold around 7m shares on-market at roughly AU$0.20 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Craig has been a net seller over the last 12 months, reducing personal holdings by AU$830k. Board Change • Mar 24
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 2 experienced directors. No highly experienced directors. Interim CEO of Energy & Power Generation Business and Executive Director Tim Crossley is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Mar 03
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 2 experienced directors. No highly experienced directors. Interim CEO of Energy & Power Generation Business and Executive Director Tim Crossley is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Nov 19
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Interim CEO of Energy & Power Generation Business and Executive Director Tim Crossley is the most experienced director on the board, commencing their role in 2017. Non-Executive Independent Director Benjamin Szeto was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Recent Insider Transactions • Oct 15
Insider recently bought AU$500k worth of stock On the 12th of October, Craig Ransley bought around 5m shares on-market at roughly AU$0.10 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$555k more in shares than they have sold in the last 12 months. Board Change • Oct 14
Less than half of directors are independent There are 4 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: 4 new directors. 2 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Interim CEO of Energy & Power Generation Business and Executive Director Tim Crossley is the most experienced director on the board, commencing their role in 2017. Independent Non-Executive Chairman Charles Fear was the last independent director to join the board, commencing their role in 2021. 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 13
Mayur Resources Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.5 million. Mayur Resources Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.5 million.
Security Name: Chess Depositary Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 5,000,000
Price\Range: AUD 0.1
Transaction Features: Subsequent Direct Listing Board Change • Jun 24
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. Interim CEO of Energy & Power Generation Business and Executive Director Tim Crossley is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • May 24
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. Interim CEO of Energy & Power Generation Business and Executive Director Tim Crossley is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Mar 11
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. Interim CEO of Energy & Power Generation Business and Executive Director Tim Crossley is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Feb 18
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. Interim CEO of Energy & Power Generation Business and Executive Director Tim Crossley is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Nov 05
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. Interim CEO of Energy & Power Generation Business and Executive Director Tim Crossley is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Executive Departure • Sep 21
Interim Independent Non Executive Chairman Frank Terranova has left the company On the 16th of September, Frank Terranova's tenure as Interim Independent Non Executive Chairman ended after 4.2 years in the role. As of June 2021, Frank still personally held 2.25m shares (AU$506k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.75 years, which is considered inexperienced in the Simply Wall St Risk Model. Board Change • Sep 11
Less than half of directors are independent There are 4 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: 4 new directors. 2 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). Interim CEO of Energy & Power Generation Business and Executive Director Tim Crossley is the most experienced director on the board, commencing their role in 2017. Interim Independent Non Executive Chairman Frank Terranova was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.