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$1.3m 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$1.3m free cash flow). Earnings have declined by 5.7% per year over the past 5 years. Revenue is less than US$1m (AU$49k revenue, or US$35k). Market cap is less than US$10m (AU$5.98m market cap, or US$4.27m). Minor Risk Shareholders have been diluted in the past year (27% increase in shares outstanding). New Risk • Dec 15
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 Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 7.8% per year over the past 5 years. Revenue is less than US$1m (AU$41k revenue, or US$28k). Market cap is less than US$10m (AU$5.19m market cap, or US$3.45m). Minor Risk Shareholders have been diluted in the past year (27% increase in shares outstanding). New Risk • Nov 04
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 20% 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 Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 7.8% per year over the past 5 years. Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Revenue is less than US$1m (AU$41k revenue, or US$27k). Market cap is less than US$10m (AU$7.87m market cap, or US$5.14m). Annuncio • Oct 10
Western Yilgarn NL has completed a Follow-on Equity Offering in the amount of AUD 0.708 million. Western Yilgarn NL has completed a Follow-on Equity Offering in the amount of AUD 0.708 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 17,700,000
Price\Range: AUD 0.04
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Annuncio • Oct 07
Western Yilgarn NL, Annual General Meeting, Nov 25, 2025 Western Yilgarn NL, Annual General Meeting, Nov 25, 2025. Annuncio • Oct 04
Western Yilgarn NL has filed a Follow-on Equity Offering in the amount of AUD 0.698 million. Western Yilgarn NL has filed a Follow-on Equity Offering in the amount of AUD 0.698 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 17,450,000
Price\Range: AUD 0.04
Transaction Features: Subsequent Direct Listing New Risk • Sep 27
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$1.4m 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$1.4m free cash flow). Earnings have declined by 7.8% per year over the past 5 years. Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Revenue is less than US$1m (AU$41k revenue, or US$27k). Market cap is less than US$10m (AU$5.99m market cap, or US$3.92m). Minor Risk Share price has been volatile over the past 3 months (17% average weekly change). New Risk • Sep 12
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 Earnings have declined by 7.5% per year over the past 5 years. Shareholders have been substantially diluted in the past year (39% increase in shares outstanding). Revenue is less than US$1m (AU$50k revenue, or US$33k). Market cap is less than US$10m (AU$6.55m market cap, or US$4.34m). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Share price has been volatile over the past 3 months (17% average weekly change). Annuncio • May 08
Western Yilgarn NL has completed a Derivatives Offering in the amount of AUD 0.020799 million. Western Yilgarn NL has completed a Derivatives Offering in the amount of AUD 0.020799 million.
Security Name: Options
Security Type: Equity Option
Securities Offered: 20,798,996
Price\Range: AUD 0.001
Transaction Features: Rights Offering Annuncio • Apr 09
Western Yilgarn NL has announced a Derivatives Offering in the amount of AUD 0.03446 million. Western Yilgarn NL has announced a Derivatives Offering in the amount of AUD 0.03446 million.
Security Name: Options
Security Type: Equity Option
Securities Offered: 34,459,714
Price\Range: AUD 0.001
Transaction Features: Rights Offering New Risk • Feb 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$2.2m 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$2.2m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 7.5% per year over the past 5 years. Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Revenue is less than US$1m (AU$50k revenue, or US$32k). Market cap is less than US$10m (AU$3.71m market cap, or US$2.36m). New Risk • Feb 01
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 56% 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 Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 2.2% per year over the past 5 years. Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Revenue is less than US$1m (AU$61k revenue, or US$38k). Market cap is less than US$10m (AU$4.09m market cap, or US$2.54m). Annuncio • Dec 10
Western Yilgarn NL has completed a Follow-on Equity Offering in the amount of AUD 0.455 million. Western Yilgarn NL has completed a Follow-on Equity Offering in the amount of AUD 0.455 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 22,750,000
Price\Range: AUD 0.02
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Annuncio • Dec 02
Western Yilgarn NL has filed a Follow-on Equity Offering in the amount of AUD 0.4 million. Western Yilgarn NL has filed a Follow-on Equity Offering in the amount of AUD 0.4 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 20,000,000
Price\Range: AUD 0.02
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Annuncio • Oct 08
Western Yilgarn NL, Annual General Meeting, Nov 28, 2024 Western Yilgarn NL, Annual General Meeting, Nov 28, 2024. Annuncio • Oct 07
Western Yilgarn NL Announces Board Changes Western Yilgarn NL announced the appointment of Pedro Kastellorizos as a Non-Executive Director effective close of business 4 October 2024. The appointment follows the resignation of John Traicos effective close of business 4 October 2024. The Company also advises the departure of Craig Moulton. Craig will be working with the Company on performing a handover before moving onto other endeavors. Mr. Kastellorizos has been a professional geologist with over 26 years' experience in the exploration, underground mining and the corporate sectors. He has worked within senior technical and executive board positions within Australia and London, with vast experience in commodities such as precious metals, precious, battery metals, base metals, uranium, molybdenum, tungsten and industrial minerals. In 2009, Mr. Kastellorizos was the founder of Genesis Resources Ltd. along with other board positions including Managing Director of Eclipse Metals Ltd, CEO of MinRex Resources Ltd, Non- Executive Director of Batavia Mining Ltd, Non-Executive Director of Regency Mines plc and groups Exploration Manager for Tennant Creek Gold Ltd. and Thor Mining plc based in Australia and London. Board Change • Oct 01
Insufficient new directors 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. Independent Non-Executive Director John Traicos was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Mar 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% 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 Revenue is less than US$1m (AU$49k revenue, or US$32k). Market cap is less than US$10m (AU$5.79m market cap, or US$3.78m). Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding). Annuncio • Feb 28
Western Yilgarn NL has completed a Follow-on Equity Offering in the amount of AUD 1.1508 million. Western Yilgarn NL has completed a Follow-on Equity Offering in the amount of AUD 1.1508 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 12,535,000
Price\Range: AUD 0.08
Discount Per Security: AUD 0.0048
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,850,000
Price\Range: AUD 0.08
Discount Per Security: AUD 0.0048
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Annuncio • Oct 02
Western Yilgarn NL, Annual General Meeting, Nov 21, 2023 Western Yilgarn NL, Annual General Meeting, Nov 21, 2023. New Risk • Aug 07
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$2.7m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Revenue is less than US$1m (AU$34k revenue, or US$22k). Market cap is less than US$10m (AU$13.5m market cap, or US$8.87m). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Annuncio • Jan 03
Western Yilgarn NL Provides Update on Challa and Bulga Projects Western Yilgarn NL announced that Challa and Bulga Projects advanced. The Challa Project comprises one granted exploration licence (E58/562) located near the township of Mt Magnet, 475km northeast of Perth. The tenure is approximately 15km west of Atlantic Limited's Windimurra Vanadium Project and adjacent to Flinders Mines Limited's Canegrass Vanadium Project. The Company considers the Challa Project to be prospective for Gold (Au) and Vanadium (V) Currently completing a geophysical review which includes the recommendation for WYX to complete IP and reprocess commercially available aeromagnetic data plus historic exploration information. Soil sampling has been completed across the exploration lease in early December. 144 samples have been sent to Perth where they will be pXRF assayed before being sent for laboratory analysis. Results from this soil geochemistry program will be analysed and reported early in 2023. The Bulga Project to the southwest of Leinster is a continuous landholding comprising three granted exploration licences (E36/1010,E36/1011, and E36/1025) covering a combined area of 160km2. The Company considers the Bulga Project to be prospective for Nickel (Ni), Gold (Au), Copper (Cu), and Platinum Group Elements (PGE). Geophysical review has served to confirm the complexity of the geology in the leases. Although Bulga tenements are mapped as granite or gneiss in Government mapping, the open file geophysical data, supported by previous work shows that they contain rafts of potential mafic and ultramafic rocks. The project is located at a complex structural position on the edge of two major terranes. There is a confirmed ultramafic unit adjacent to one of the major structures and this may be prospective for nickel. In the south, a tortuous reversely polarised magnetic feature may represent a mafic sill, in which case it may be prospective for nickel and copper. Auger sampling is underway across the three Bulga exploration leases and will continue through Christmas into January. Excellent progress has been made due to multiple auger units at site. A progress rate of 100 sample holes per day was achieved. On average, the holes are open for less than 10 minutes before rehabilitation is undertaken. Soil samples taken from around 2 metres deep will be assayed to provide a competent geochemistry- based picture. In turn this will direct the next exploration steps to be taken. E 36/1011: 800 x 100 grid for 372 holes, E 36/1010: 800 x 100 grid for 533 holes, E 36/1025: 1600 x 100 grid for 229 holes. Annuncio • Oct 04
Western Yilgarn NL, Annual General Meeting, Nov 23, 2022 Western Yilgarn NL, Annual General Meeting, Nov 23, 2022. Annuncio • Jul 12
Western Yilgarn Nl Announces Project Update Western Yilgarn NL provide the following update in relation to its projects. The Melbourne Project comprises two granted exploration licences (E70/5767 and E70/5921) both located in the Wheatbelt region of Western Australia, north of Perth. The surrounding area is interpreted to lie within the Southwest Terrane of the Yilgarn Craton in proximity to its ill-defined boundary with the Murchison Domain of the Youanmi Terrane. Despite a lack of modern minerals exploration conducted during the tenure, the Company considers the Melbourne Project to be prospective for Caravel-style copper-molybdenum mineralisation which is interpreted to lie some 15km southeast of the project at Caravel Minerals Limited's Caravel Copper Project. As announced on 26th May 2022, WYX recently completed a geophysical review of the Project identifying possible extensions of the greenstone belt hosting the high-grade Pithara deposit into YX's East Melbourne Project (E70/5921) and the Wongan Hills greenstone belt (which encloses the Caravel Copper Project) extending north into the West Melbourne Project (E70/5767). YX has advanced negotiations with landowners in these areas of interest at the Melbourne Project. WYX's management team includes experience in owning and operating rural landholdingsin Western Australia, including the region of WYX's Darling Range and Melbourne Projects, which is proving valuable to WYX for constructive and cooperative land access negotiations. WYX expects to schedule its exploration works in the coming months, commencing with auger-derived soil samples at a meaningful depths for assaying and resource target indications. Following the results of the geophysical review recently completed at WYX's Melbourne Project, WYX is expediting similar geophysical work across: Bulga (EL 36/1010, EL 36/1011, ELA 36/1025), Sylvania (EL 52/3861), Challa (EL 58/562, Boodanoo (EL 59/2496) Such work forms part of a systematic and staged exploration plan and is being undertaken by Geophysicist Mr. Kim Frankcombe, Principal of ExploreGeo Pty Ltd, which involves: reviewing available geophysical and geological data; and providing findings and recommendations that assist the validation or discovery of exploration targets and formulation of targeted exploration programs and activities. WYX expects the geophysical reviews to be available over the next 4 to 6 weeks and will facilitate further project prioritising and exploration work programming. The Darling Range PGE Project comprises one exploration licence application (ELA70/5111) which covers a total area of 349km2 within the Darling Ranges, located approximately 75km northeast of Perth, Western Australia. The Darling Range Project is geologically within the Western Gneiss Terrane along the western margin of the Yilgarn Craton of Western Australia. The Darling Ranges area is considered to be a highly prospective geological region for bauxite, PGE, nickel and copper mineralisation. The southern portion of the ELA lies immediately adjacent to, and west of, Chalice Mining Limited's Julimar deposit within the Gonneville Intrusive, which was discovered in 2020. The northern part of the ELA lies in proximity to Caspin Resources Limited's Yarawindah Brook Project, where initial drilling has outlined a package of mafic and ultramafic rocks extending over a 6km strike length with anomalous levels of PGE, nickel and copper. Annuncio • May 27
Pacific Bauxite NL Provides Exploration Update Pacific Bauxite NL has commenced its exploration programme in respect of its high-quality projects located in Western Australia commencing with exploration on its Melbourne Project. The Melbourne Project comprises two granted exploration licences (E70/5767 and E70/5921) both located in the Wheatbelt region of Western Australia, north of Perth. The surrounding area is interpreted to lie within the South West Terrane of the Yilgarn Craton in proximity to its ill-defined boundary with the Murchison Domain of the Youanmi Terrane. Despite a lack of modern minerals exploration conducted of the tenure, the Company considers the Melbourne Project to be prospective for Caravel-style copper-molybdenum mineralisation which is interpreted to lie some 15km southeast of the project at Caravel Minerals Limited's Caravel Copper Project. To test this concept, the Company has completed further desktop geological work to refine its systematic exploration program targeted at testing several magnetic anomalies located along the interpreted north-western strike extensions to Caravel Mining's Copper Project. Results of the most recent geological review undertaken by Mr. Kim Frankcombe, Principal of ExploreGeo Pty Ltd, utilising publicly available information, provides excellent guidance on the potential of the Melbourne Project. The review has identified possible extensions of the greenstone belt, hosting the high grade, Pithara deposit, into tenement E70/5921. The interpreted extension lies under a playa lake system which would have hindered historical exploration efforts meaning that no modern exploration has been carried out across this area. The Wongan Hills greenstone belt, which encloses Caravel Minerals' Calingiri copper project, is also interpreted to extend north into E70/5767. What appears to be a major crustal scale structure passes through E70/5767 and could potentially provide the deep plumbing needed to bring ore fluids closer to the surface. The Company plans to complete its first-round exploration plan by mid-June 2022 with necessary permitting and access permissions being in place to allow in-field exploration to commence in July 2022 once access and the exploration in-field resource is confirmed. Coincident activities planned to achieve this timetable are: · Geophysicist report processed by the Company Finalise next stage geophysics activities o Consult with Exploration Geologist and Geochemist to confirm exploration plan · Finalise site access agreements · Further desktop exploration application work for statutory matters · Secure and schedule requisite exploration contractors With respect to E70/5767, the Company enjoys an executed Noongar Standard Heritage Agreement with the South - West Aboriginal Land and Sea Council who act on behalf of the Yued Group. The Darling Range PGE Project comprises one exploration licence application (ELA70/5111) which covers a total area of 349km2 within the Darling Ranges, located approximately 75km northeast of Perth, Western Australia. The Darling Range Project is geologically within the Western Gneiss Terrane along the western margin of the Yilgarn Craton of Western Australia. The Darling Ranges area is considered to be a highly prospective geological region for bauxite, PGE, nickel and copper mineralisation. The southern portion of the ELA lies immediately adjacent to, and west of, Chalice Mining Limited's Julimar deposit within the Gonneville Intrusive, which was discovered in 2020. The northern part of the ELA lies in proximity to Caspin Resources Limited's Yarawindah Brook Project, where initial drilling has outlined a package of mafic and ultramafic rocks extending over a 6km strike length with anomalous levels of PGE, nickel and copper. The Company has been in ongoing discussions with the Department of Mines, Industry Regulation and Safety (DMIRS) regarding the grant of ELA 70/5111, which is subject to the investigation process relating to the "Perth Peel Green Growth Plan" and the Strategic Assessment of the Perth and Peel Regions (SAPPR) overview. The Company has been advised by DMIRS that its application under ELA 70/5111 is in good standing with its grant to be considered once the issues relating to the Perth Peel Green Growth Plan and the SAPPR overview have been resolved by the State Government. The potential of the Darling Range PGE Project continues to excite as more and more is discovered by Chalice Mining in the "newest" exploration region in WA. 