Annuncio • Oct 02
Australian Pacific Coal Limited, Annual General Meeting, Nov 28, 2025 Australian Pacific Coal Limited, Annual General Meeting, Nov 28, 2025. Board Change • Aug 18
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). Non-Executive Director Nick Johansen is the most experienced director on the board, commencing their role in 2023. Independent Non-Executive Director Seth Dickinson was the last independent director to join the board, commencing their role in 2025. 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 • Feb 04
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). Non-Executive Director Nick Johansen is the most experienced director on the board, commencing their role in 2023. Independent Non-Executive Director Jeff Gerard was the last independent director to join the board, commencing their role in 2024. 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 • Dec 24
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). Non-Executive Director Nick Johansen is the most experienced director on the board, commencing their role in 2023. Independent Non-Executive Director Jeff Gerard was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. 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$101.6m market cap, or US$66.3m). Annuncio • Oct 04
Australian Pacific Coal Limited, Annual General Meeting, Nov 29, 2024 Australian Pacific Coal Limited, Annual General Meeting, Nov 29, 2024. New Risk • Oct 02
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: AU$301k (US$208k) This is considered a major risk. Companies with a small amount of revenue 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$62m free cash flow). Revenue is less than US$1m (AU$301k revenue, or US$208k). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (22% increase in shares outstanding). Market cap is less than US$100m (AU$89.4m market cap, or US$61.6m). 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 Risk Less than 1 year of cash runway based on free cash flow trend (-AU$7.8m free cash flow). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (17% average weekly change). 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 • 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). 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$41.6m market cap, or US$27.8m). Annuncio • 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). 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 (15% 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). Annuncio • 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 Annuncio • 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. 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). Annuncio • 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. Board Change • Nov 17
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. 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 55% per year, which means it is well ahead of earnings. Board Change • Sep 09
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. 
