Board Change • May 20
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Phil Warren 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. Insufficient board refreshment. New Risk • May 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% This is considered a minor 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 Shares are highly illiquid. Earnings have declined by 8.2% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$11.8m market cap, or US$8.49m). Minor Risk Shareholders have been diluted in the past year (18% increase in shares outstanding). Board Change • May 01
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Phil Warren 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. Insufficient board refreshment. Anuncio • Apr 17
Narryer Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.056 million. Narryer Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 1.056 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 31,033,333
Price\Range: AUD 0.03
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 4,166,667
Price\Range: AUD 0.03
Transaction Features: Subsequent Direct Listing New Risk • Dec 30
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$1.6m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$5.46m market cap, or US$3.65m). Board Change • Dec 24
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Phil Warren 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. Insufficient board refreshment. Anuncio • Sep 22
Narryer Metals Limited, Annual General Meeting, Nov 18, 2025 Narryer Metals Limited, Annual General Meeting, Nov 18, 2025. Board Change • Aug 18
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Phil Warren 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. Insufficient board refreshment. Board Change • Dec 24
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. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Non-Executive Director Damon O'Meara is the most experienced director on the board, commencing their role in 2022. Independent Non-Executive Director Phil Warren 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 experienced directors. Board Change • Oct 22
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Director Phil Warren 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. Insufficient board refreshment. Anuncio • Sep 10
Narryer Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.65 million. Narryer Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 0.65 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 26,000,000
Price\Range: AUD 0.025
Discount Per Security: AUD 0.00015
Transaction Features: Subsequent Direct Listing Anuncio • Sep 02
Narryer Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.65 million. Narryer Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 0.65 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 26,000,000
Price\Range: AUD 0.025
Discount Per Security: AUD 0.00015
Transaction Features: Subsequent Direct Listing Board Change • Jun 28
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. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Non-Executive Director Damon O'Meara is the most experienced director on the board, commencing their role in 2021. Independent Non-Executive Director Phil Warren 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. Anuncio • Apr 13
Narryer Metals Limited Announces Company Secretary Changes Narryer Metals Limited advised that Cameron O'Brien has resigned as Company Secretary effective 12 April 2024. Emma Wates continues to act as Company Secretary of the company. Board Change • Apr 05
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 Damon O'Meara is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. New Risk • Mar 21
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 66% 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 Shares are highly illiquid. Shareholders have been substantially diluted in the past year (66% increase in shares outstanding). Revenue is less than US$1m (AU$10k revenue, or US$6.8k). Market cap is less than US$10m (AU$3.94m market cap, or US$2.60m). Anuncio • Mar 12
Narryer Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.05 million. Narryer Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 1.05 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 14,985,982
Price\Range: AUD 0.04
Discount Per Security: AUD 0.0024
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 11,264,018
Price\Range: AUD 0.04
Discount Per Security: AUD 0.0024
Transaction Features: Subsequent Direct Listing Board Change • Feb 13
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 Damon O'Meara is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 02
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 Damon O'Meara is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Anuncio • Oct 11
Narryer Metals Limited, Annual General Meeting, Nov 21, 2023 Narryer Metals Limited, Annual General Meeting, Nov 21, 2023. Agenda: To consider the re-election of directors; and to consider other issues. Anuncio • Oct 06
Narryer Metals Limited (ASX:NYM) acquired Rocky Gully Exploration Pty Ltd for AUD 0.18 million. Narryer Metals Limited (ASX:NYM) acquired Rocky Gully Exploration Pty Ltd for AUD 0.18 million on October 5, 2023. The consideration includes cash payment - AUD 0.08 million, issuance of 0.92 shares and 1.5% royalty on NSR from gold and other minerals extracted from the project.
Narryer Metals Limited (ASX:NYM) completed the acquisition of Rocky Gully Exploration Pty Ltd for AUD 0.18 million on October 5, 2023. Anuncio • Sep 23
Narryer Metals Limited (ASX:NYM) acquired KAV Resources Pty Ltd from Horley Pty Ltd and others for AUD 4.7 million. Narryer Metals Limited (ASX:NYM) signed a binding agreement to acquire KAV Resources Pty Ltd from Horley Pty Ltd and others for AUD 4.7 million on July 17, 2023. The deal is subject to approval from regulatory board and shareholders of Narryer Metals Limited. The issue of the Consideration Securities was approved by Shareholders at the Company’s General Meeting of Shareholders on 13 September 2023.
Narryer Metals Limited (ASX:NYM) completed the acquisition of KAV Resources Pty Ltd from Horley Pty Ltd and others on September 22, 2023. Board Change • Aug 30
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 Damon O'Meara is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Anuncio • Aug 15
Narryer Metals Limited, Annual General Meeting, Sep 13, 2023 Narryer Metals Limited, Annual General Meeting, Sep 13, 2023, at 10:00 W. Australia Standard Time. Location: 945 Wellington Street West Perth Western Australia Australia Agenda: To approval to issue consideration securities to vendors; to consider ratification of prior issue of shares listing rule 7.1; to consider ratification of prior issue of shares listing rule 7.1A; to consider issue of shares to related party - Damon O’Meara; to consider issue of shares to related party Gavin England; to consider issue of shares to related party Philip warren; to consider issue of shares to related party Richard Bevan; and to consider other issues. New Risk • Aug 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor 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$2.5m free cash flow). Shares are highly illiquid. Revenue is less than US$1m (AU$5.7k revenue, or US$3.7k). Market cap is less than US$10m (AU$7.62m market cap, or US$5.00m). Minor Risk Shareholders have been diluted in the past year (23% increase in shares outstanding). Anuncio • Jul 18
Narryer Metals Limited (ASX:NYM) signed a binding agreement to acquire KAV Resources Pty Ltd from Horley Pty Ltd and others for AUD 4.7 million. Narryer Metals Limited (ASX:NYM) signed a binding agreement to acquire KAV Resources Pty Ltd from Horley Pty Ltd and others for AUD 4.7 million on July 17, 2023. The deal is subject to approval from regulatory board and shareholders of Narryer Metals Limited. Board Change • Jul 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 Damon O'Meara is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. 