View ValuationKGL Resources 将来の成長Future 基準チェック /26KGL Resourcesは、52.9%と147%でそれぞれ年率52.9%で利益と収益が成長すると予測される一方、EPSはgrowで104.3%年率。主要情報52.9%収益成長率104.27%EPS成長率Metals and Mining 収益成長15.1%収益成長率147.0%将来の株主資本利益率n/aアナリストカバレッジLow最終更新日24 Apr 2026今後の成長に関する最新情報Breakeven Date Change • Feb 05Forecast to breakeven in 2028The analyst covering KGL Resources expects the company to break even for the first time. New forecast suggests the company will make a profit of AU$58.5m in 2028. Average annual earnings growth of 98% is required to achieve expected profit on schedule.Price Target Changed • Feb 07Price target increased by 14% to AU$0.95Up from AU$0.83, the current price target is provided by 1 analyst. New target price is 352% above last closing price of AU$0.21. Stock is down 60% over the past year. The company is forecast to post a net loss per share of AU$0.0071 next year compared to a net loss per share of AU$0.0061 last year.すべての更新を表示Recent updatesNew Risk • Apr 25New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: AU$3.6m Forecast net loss in 2 years: AU$1.7m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$1.7m net loss in 2 years). Share price has been volatile over the past 3 months (17% average weekly change).New Risk • Mar 19New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: AU$138.8m (US$97.7m) This is considered a minor 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$8.7m free cash flow). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (AU$138.8m market cap, or US$97.7m).New Risk • Mar 13New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$8.7m 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$8.7m free cash flow). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding).Breakeven Date Change • Feb 05Forecast to breakeven in 2028The analyst covering KGL Resources expects the company to break even for the first time. New forecast suggests the company will make a profit of AU$58.5m in 2028. Average annual earnings growth of 98% is required to achieve expected profit on schedule.New Risk • Dec 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% 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 are forecast to decline by an average of 76% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$17m net loss in 2 years). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding).お知らせ • Nov 24KGL Resources Limited Appoints Lindi Deguara as a Non-Executive Independent Director, Effective on 28 November 2025KGL Resources Limited announced the appointment of Ms Lindi Deguara as a Non-executive Independent Director. Lindi is a highly credentialed director and executive with over 20 years' experience, specifically: Board Experience: Currently serves as Independent NED at Tennis Queensland (Chair Governance Committee) and Jabiru Community Services (Chair Risk Committee). Previous roles include Executive Director at MP Saudi Arabia Company and Non-Executive Director at Axiom Project Services and Golden West Apprenticeships. Committee & Advisory Roles: Independent Member of the Audit & Risk Committee at the Residential Tenancies Authority (Qld), and Independent Board Advisor role at Complex Electrical (CE Group). Executive Leadership: Former Executive General Manager, General Counsel, and Company Secretary at MPC Kinetic, leading corporate services, governance, risk, human resources, and M&A activities, including two ASX IPOs. Earlier roles include senior legal and commercial positions at Golding Contractors, Connell Wagner (now Aurecon), Ansaldo STS Australia (now Hitachi Rail STS) and the Queensland Department of Premier & Cabinet. Additionally, Lindi is Managing Director of her own advisory firm and incorporated legal practice, Strategic & Commercial Outcomes, advising on major energy, infrastructure, and resources projects. Ms Deguara holds a Bachelor of Laws (Hons) and a Bachelor of Creative Industries (Media Comms), is a Solicitor of the Supreme Court of Queensland and the High Court of Australia. Lindi is Fellow of the Governance Institute of Australia and a Graduate of the Australian Institute of Company Directors. Ms Deguara's appointment will become effective at the conclusion of the Company's Annual General Meeting on 28 November 2025. This announcement has been authorised by the KGL's Board of Directors.New Risk • Nov 13New minor risk - Shareholder dilutionThe 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 Earnings are forecast to decline by an average of 77% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$17m net loss in 2 years). Shareholders have been diluted in the past year (16% increase in shares outstanding). Significant insider selling over the past 3 months (AU$6.5m sold). Market cap is less than US$100m (AU$116.3m market cap, or US$76.1m).お知らせ • Nov 01KGL Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 11 million.KGL Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 11 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 19,285,714 Price\Range: AUD 0.14 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 59,285,714 Price\Range: AUD 0.14 Discount Per Security: AUD 0.0084 Transaction Features: Subsequent Direct Listingお知らせ • Oct 31KGL Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 11 million.KGL Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 11 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 78,571,429 Price\Range: AUD 0.14 Discount Per Security: AUD 0.0084 Transaction Features: Subsequent Direct Listingお知らせ • Oct 27KGL Resources Limited, Annual General Meeting, Nov 28, 2025KGL Resources Limited, Annual General Meeting, Nov 28, 2025. Location: at christie conference centre, 320 adelaide street, brisbane, queensland, 4000., AustraliaNew Risk • Sep 27New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$13m 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$13m free cash flow). Earnings are forecast to decline by an average of 77% per year for the foreseeable future. Revenue is less than US$1m (AU$253k revenue, or US$166k). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$17m net loss in 2 years). Significant insider selling over the past 3 months (AU$6.5m sold). Market cap is less than US$100m (AU$96.9m market cap, or US$63.5m).New Risk • Sep 22New minor risk - Financial data availabilityThe 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 are forecast to decline by an average of 77% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (AU$12m net loss in 2 years). Significant insider selling over the past 3 months (AU$6.5m sold). Market cap is less than US$100m (AU$128.1m market cap, or US$84.4m).Recent Insider Transactions • Sep 06Insider recently sold AU$6.5m worth of stockOn the 2nd of September, Denis Wood sold around 50m shares on-market at roughly AU$0.13 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. This was the only on-market transaction from insiders over the last 12 months.New Risk • Apr 18New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 22% 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 Earnings have declined by 11% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (22% increase in shares outstanding). Market cap is less than US$100m (AU$59.5m market cap, or US$37.9m).お知らせ • Mar 06KGL Resources Limited has filed a Follow-on Equity Offering.KGL Resources Limited has filed a Follow-on Equity Offering. Security Name: Ordinary Shares Security Type: Common Stock Transaction Features: Rights OfferingBoard Change • Jan 22Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Brian Gell was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Jan 21+ 1 more updateKGL Resources Limited Announces the Resignation of Phillip Condon as Chief Executive OfficerKGL Resources Limited announced that Chief Executive Officer (CEO), Mr. Phillip Condon, has tendered his resignation as Chief Executive Officer to pursue other opportunities and that KGL and Mr. Condon have agreed that Mr. Condon's employment will end on January 21, 2025. As an interim measure, the Chairman, Mr. Jeff Gerard, will assume the executive functions, becoming Executive Chairman, whilst a search for a dedicated CEO is underway.お知らせ • Oct 29KGL Resources Limited, Annual General Meeting, Nov 28, 2024KGL Resources Limited, Annual General Meeting, Nov 28, 2024. Location: christie conference centre, 320 adelaide st, brisbane,qld, 4000, AustraliaNew Risk • Aug 09New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 14% 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 Earnings have declined by 7.0% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (AU$61.6m market cap, or US$40.6m).お知らせ • Jul 08KGL Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 15.127783 million.KGL Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 15.127783 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 151,277,830 Price\Range: AUD 0.1 Transaction Features: Rights OfferingNew Risk • Mar 13New major risk - Financial positionThe 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 7.0% per year over the past 5 years. Revenue is less than US$1m (AU$250k revenue, or US$166k). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (25% increase in shares outstanding). Market cap is less than US$100m (AU$68.1m market cap, or US$45.0m).分析記事 • Feb 29Companies Like KGL Resources (ASX:KGL) Are In A Position To Invest In GrowthWe can readily understand why investors are attracted to unprofitable companies. For example, although...お知らせ • Jan 30KGL Resources Limited Announces the Resignation of Nick Spencer as Chief Executive OfficerKGL Resources Limited announced the resignation of Chief Executive Officer (CEO), Nick Spencer, effective January 30, 2024. The Board will resume its executive search for a CEO.お知らせ • Dec 11KGL Resources Limited Announces Chief Financial Officer ChangesKGL Resources Limited announced the resignation of Chief Financial Officer (CFO), Chris Dippenaar, effective December 11, 2023. Mr. Anthony Liaw, KGL's current Financial Controller has been appointed as the Company's new CFO. Anthony, a Certified Public Accountant and Chartered Tax Adviser, started his career with Pricewaterhouse Coopers and Ernst Young in Singapore and has worked as a CFO and Tax Director with global commodity and production companies.分析記事 • Nov 06We Think KGL Resources (ASX:KGL) Needs To Drive Business Growth CarefullyThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...New Risk • Nov 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 16% 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 (16% average weekly change). Earnings have declined by 12% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (25% increase in shares outstanding). Market cap is less than US$100m (AU$79.4m market cap, or US$50.4m).お知らせ • Oct 20KGL Resources Limited, Annual General Meeting, Nov 21, 2023KGL Resources Limited, Annual General Meeting, Nov 21, 2023, at 09:00 E. Australia Standard Time. Location: BDO Offices, Level 10 12 Creek St, Brisbane Queensland Australia Agenda: To receive and consider the financial statements of the Company and the directors' and auditors' reports for the period ended 30 June 2023; to discuss Re-election of Directors; and to consider Remuneration Report.お知らせ • Sep 21KGL Resources Limited Announces Chief Financial Officer ChangesKGL Resources Limited announced Chris Dippenaar appointed as replacement Chief Financial Officer. Mr. Chris Dippenaar has been appointed Chief Financial Officer following the resignation of Ms Amy Treble. Chris is a Fellow Chartered Management Accountant (FCMA) and Fellow Certified Practicing Accountant (FCPA) with extensive international experience and has held executive and senior commercial and finance leadership roles with various publicly listed international mining companies, including BHP, Anglo American and Harmony Gold. During his time with these companies, he provided finance leadership to various greenfield, brownfield and expansion projects; including BMA's Caval Ridge coal mine and AngloCoal's Grasstree coal mine in Queensland and a major reinvestment project at Harmony Gold's Hidden Valley gold and silver mine in Papua New Guinea. His mining experience includes more than 20 years of commercial and finance leadership roles in open cut and underground operations, both for coal and hard rock mining, providing reporting, risk management, corporate governance, internal control and operational support.お知らせ • Sep 20KGL Resources Limited Appoints Nicholas Spencer as Chief Executive OfficerKGL Resources Limited announced Nicholas Spencer appointed KGL Chief Executive Officer (CEO) to lead the development of the Jervois Copper Project. Mr. Spencer brings over 30 years' specific experience in mining, mine development and funding and has a track record of successfully developing and operating mining projects. Additionally, he has worked in engineering services, logistics and the aerospace industry. He has worked in Australia as well as with multinational corporations in the UK, Middle East, Asia and India. Most recently, Nick served as the Managing Director of Galaxy Gold Mines, an Indian based firm developing a portfolio of gold projects in India and Tanzania. Nick has an honours degree in Mechanical Engineering and a Master of Business Administration. Mr. Spencer will be responsible for the advancement of the Jervois project through to development and will work with Executive Chairman, Denis Wood.Recent Insider Transactions • Jun 27Independent Non-Executive Director recently bought AU$134k worth of stockOn the 22nd of June, Jeffrey Gerard bought around 1m shares on-market at roughly AU$0.13 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 the only on-market transaction from insiders over the last 12 months.New Risk • Jun 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% 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 are forecast to decline by an average of 86% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2022 fiscal period end). Currently unprofitable and not forecast to become profitable over next 3 years (AU$54m net loss in 3 years). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (27% increase in shares outstanding). Market cap is less than US$100m (AU$82.3m market cap, or US$55.6m).分析記事 • Mar 13We're A Little Worried About KGL Resources' (ASX:KGL) Cash Burn RateWe can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...Price Target Changed • Feb 07Price target increased by 14% to AU$0.95Up from AU$0.83, the current price target is provided by 1 analyst. New target price is 352% above last closing price of AU$0.21. Stock is down 60% over the past year. The company is forecast to post a net loss per share of AU$0.0071 next year compared to a net loss per share of AU$0.0061 last year.お知らせ • Jan 20KGL Resources Limited Announces High-Grade Assay Results from Hole KJCD557KGL Resources announced recently received high-grade assay results from hole KJCD557 which succeeded in testing for extensions of copper mineralization previously drilled at Marshall Deeps lode (which is located at the southern end of the Reward Deposit). The hole represents a significant, >200 metre, step-out in a southerly direction from previous drill holes, which also carried significant copper mineralization. The hole also targeted MIMDAS IP and gravity geophysical anomalies at Marshall Deeps. KJCD557 intersected 2 zones of copper mineralization. The west zone is high grade and is associated with interpreted strong DHEM conductors. The east zone is wider and carries lower grade copper, but higher gold assays (up to 1.058 g/t Au over 1m).Board Change • Dec 04Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Jeff Gerard was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Oct 29KGL Resources Limited, Annual General Meeting, Nov 28, 2022KGL Resources Limited, Annual General Meeting, Nov 28, 2022, at 09:00 E. Australia Standard Time. Location: Christie Centre, 320 Adelaide St Brisbane, Queensland Queensland Australia Agenda: To consider and approve the financial statements of the Company and the directors' and auditors' reports for the period ended 30 June 2022; to consider and approve the Re-election of Director, Mr. Ferdian Purnamasidi; to consider and approve the Re-election of Director, Denis Wood; and to consider other matters.お知らせ • Oct 28KGL Resources Limited Announces Ian Williams Not Seeking Election as DirectorThe Board of KGL Resources Limited advised that Mr. Ian Williams has advised the Board that he will not be seeking election at the upcoming Annual General Meeting. Mr. Williams joined the board as a director in June 2022 to fill a casual vacancy and has been of great assistance with governance and legal matters during this period. Mr. Williams leaves the board as the company advances to a new phase of its development to address the demands of his advisory business.お知らせ • Sep 27KGL Resources Announces Results from Hole KJCD556KGL Resources announced results from hole KJCD556 which was drilled to test the down-dip continuation of the high-grade Rockface deposit as defined by previous down-hole electromagnetics modelling and drilling. The Rockface deposit is the highest-grade deposit at Jervois with an average grade of 3.07% Cu and represents 22% of the current total Mineral Resource Estimate. KGL has pursued a methodical approach to exploration at the Rockface deposit of drilling and DHEM since the first high-grade broad interval of copper was discovered in hole KJCD171 back in 2015. The subsequent DHEM survey uncovered two DHEM conductors below KJCD171. The next few years repeated the process of drilling conductors followed by further DHEM surveys on each hole very successfully, as company have continued to follow the deposit down. In 2017, KGL finished outlining the current resource where the last conductor uncovered was one of the strongest and open ended at depth. This conductor outlined in the attached long section is the bottom one on the east side. After the draft mine plan was completed in 2021,then completed the infill drilling to increase the Resource confidence by conversion of some of the inferred resource to indicated resource. Another DHEM survey was completed in 2021. This conductor is on the west side and once again is very strong and extends to depth well below the level of previous drilling. In fact, the DHEM modelling could not define a lower boundary for the mineralisation, which remains open. KJCD556 was drilled to validate the DHEM conductor 120 metres below the two previously deepest Rockface intersections. KJCD556 intersected the Rockface North lode in a position predicted by the DHEM modelling. The hole drilled a 12.38m zone of massive, semi-massive and stringer sulphides comprised mainly of chalcopyrite and pyrite. Assays revealed a strong copper-silver-gold intersection in KJCD556 summarised as follows: 12.38m1 @ 2.60% Cu, 23.8 g/t Ag, 0.34 g/t Au from 978.26m including 8.74m @ 3.20% Cu, 29.7 g/t Ag, 0.42 g/t Au from 978.26m including 5.75m @ 3.86% Cu, 34.4 g/t Ag, 0.51 g/t Au from 978.26m including 4.70m @ 4.26% Cu, 35.3 g/t Ag, 0.59 g/t Au from 979.41m. Results from drillhole KJCD556 are exciting for several reasons: Exploration upside: It confirms continuity of the high-grade zone and the strong conductor continues and remains open at depth; and It continues to demonstrate the validity of DHEM as a methodology to prioritise resource drilling in multiple locations across the Jervois exploration tenements. 2023 Exploration program focus: The drilling program in 2023 will include additional exploration holes at Rockface; and As part of the broader exploration program, KGL will be prioritising the resources and reserves within the known mineral deposits and in the northern part of the Jervois tenements with an objective to expand the mine life.お知らせ • Sep 14KGL Resources Limited Announces an Update of the Mineral Resource Estimate for the Bellbird DepositKGL Resources announced an update of the mineral resource estimate for the Bellbird deposit. The Bellbird deposit, is one of the three principal mineral resources (along with Reward and Rockface) which comprise the Jervois Project mineral resources. A 16-hole drilling program was carried out during June 2022. Drilling was focused primarily on improving the mineral resource of the Bellbird Hanging-wall lodes and generally continued on to intersect the Main lode. By virtue of the improved drill spacing and resultant enhanced confidence in the geological model, a significant proportion of the mineral resource is now classified as Measured. Both gold and silver grades have remained relatively steady and, by virtue of the increased tonnes, the silver and gold metal contents have each increased. Silver metal is up 18% to 2.64 Moz (from 2.24 Moz) and gold metal is up 10% to 27.5 koz (from 25.0 koz). Both silver and gold now have mineral resources classified as Measured. A major aim of the recent drilling and resource estimation work at Bellbird was to improve the quality (JORC classification) of the mineral resources within the proposed planned open pit design. This target was achieved with 99% of mineral resources within the current pit design classified as either Measured (85%) or Indicated (14%). The improved classification is anticipated to have significant positive impacts on the Bellbird ore reserves, which are currently being estimated. Some of the highlights are: KJC539: 17.89m 2 @ 1.10% Cu, 8.0 g/t Ag from 135m, KJC540: 9.84m @ 3.17% Cu, 25.0 g/t Ag from 109m, KJC541: 6.84m @ 4.83% Cu, 28.0 g/t Ag from 116m, KJC543: 5.50m @ 2.85% Cu, 26.6 g/t Ag from 178m, KJC552: 7.09m @ 3.76% Cu, 21.3 g/t Ag from 51m, KJC553: 12.91m @ 1.94% Cu, 11.4 g/t Ag from 72m. The Reward and Rockface mineral resources remain as previously announced on 10 January 2022 and 7 March 2022 respectively. These resources, combined with the new Bellbird estimate, comprise the overall mineral resources for the Jervois project, totaling 23.80 million tonnes containing: 481.2 Kt Copper (@ 2.02% Cu), 19.3 Moz Silver (@ 25.3 g/t Ag) and 189.6 koz Gold (@ 0.25 g/t Au).分析記事 • Aug 29Is KGL Resources (ASX:KGL) In A Good Position To Deliver On Growth Plans?Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...お知らせ • Jul 28KGL Resources Limited Announces Further High-Grade Drill Results at KGL's Jervois Copper ProjectKGL Resources Limited reported the final assay results from a recently completed 23-hole drilling program, testing brownfields targets within and nearby the Reward Deposit, at Jervois.The 4 holes in this program were drilled to follow up on a previous intersection from the Reward Gap which had not been incorporated in the latest mineral resource model. A secondary aim was to increase the confidence in the Reward East Lodes, with drilling results confirming a high-grade intersection of copper. Two holes were drilled to test the depth potential of the Marshall Lode at Reward. The deepest hole, KJCD529 yielded the best results. The first mineralised interval corresponds with the downwards projection of the Marshall Lode. The results of the two Marshall deeps holes are listed in Table 2 below. Note the intervals of gold mineralisation that occur separately to the main copper lodes in KJCD529. The results of KJCD529 are important as they demonstrate a continuity of the copper mineralisation at depth, in the southern part of Reward. The results enhance the prospectivity of the nearby IP and gravityanomalies at depth and to the south. Eleven holes were drilled to test extensions of the Reward deposit along strike to the south at shallow to intermediate depth. The program was designed to intersect possible extensions of high-grade silver and polymetallic base metal mineralisation discovered and reported in 2020. These results coupled with the DHEM geophysics indicate limited potential of the high-grade silver shoot. Six drill holes were drilled to test extensions of the Reward deposit along strike to the north at shallow tointermediate depth. The targets were based on several historical copper intersections and some encouragement from the MIMDAS IP. The strong rationale of this program, and indeed the Reward South program, was their relative proximity the planned mining Reward operations. The drilling has confirmed the structure and orientation on the mineralisation andthat the overall tenor is similar to the historical drilling. No additional drilling is currently proposed for this target.お知らせ • Jun 14KGL Resources Limited Appoints Ian Williams as Independent Non-Executive DirectorKGL Resources Limited announced that Mr. Ian Williams has been appointed as an independent non-executive director of the Company. Mr. Williams is an experienced non-executive director and strategic adviser to companies in the energy & resources sectors. Mr. Williams has been involved in every aspect of the Australian mining industry, including government legislative and regulatory frameworks, project tenements, project approvals, infrastructure, commercial contracts, joint ventures, management arrangements, off-take and marketing arrangements, project financing and mergers & acquisitions. Mr. Williams' appointment will take effect from 14 June 2022 and he will assume roles on both the audit and risk and remuneration committees.お知らせ • May 18KGL Resources Limited Announces Management ChangesKGL Resources Limited announced that Mr. Peter Hay and Mr. Denis Gately have announced the board that they will not seek re-election at the upcoming Annual General Meeting (AGM) and will cease their terms as directors at the conclusion of the AGM scheduled for 31 May 2022. Mr. Simon Finnis has announced the board of his resignation from the role of Managing Director effective 20 May 2022 and the board has released Mr. Finnis from the requirement to work out his required notice period.お知らせ • May 12KGL Resources Limited Appoints Mr. Jeff Gerard as Independent Non-Executive Director, Member Audit and Risk and Remuneration Committees. Effective 1 June 2022KGL Resources Limited announced that Mr. Jeff Gerard will join the board as an independent non-executive director. Mr. Gerard has over 40 years' experience in the resources industry, both domestically and abroad, in various chnical, operational, commercial and executive management roles. Mr. Gerard's appointment will take effect from 1 June 2022 and he will assume roles on both the Audit and Risk and Remuneration Committees.分析記事 • Apr 28Here's Why We're Watching KGL Resources' (ASX:KGL) Cash Burn SituationJust because a business does not make any money, does not mean that the stock will go down. For example, although...Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Denis Gately was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 20KGL Resources Limited Appoints Steven Rooney as Chief Operations Officer, Effective 2 May 2022KGL Resources Limited (KGL or the Company) announced the appointment of highly experienced mining leader Steven Rooney as Chief Operations Officer, effective from 2 May 2022. As Chief Operations Officer, Steven will oversee all site activities from construction into commissioning and then into operations. He will have responsibility to ensure budgetary and production targets are met in a timely and safe manner. Welcoming Steven to the business, CEO Simon Finnis said the Chief Operations Officer role is a key addition to the company's management structure.Board Change • Mar 23Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Denis Gately was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Mar 07KGL Resources Limited Announces Rockface Mineral Resource UpdateKGL Resources announced an update of the mineral resource estimate for the high-grade Rockface deposit. The Rockface deposit hosts one of the three principal mineral resources which comprise the Jervois Copper Project and has been subject to a significant program of resource- consolidation drilling during 2021. This Rockface update follows the updated mineral resource estimate update for Reward that was announced on 10 January 2022 and for Bellbird on 27 January 2022. Rockface Resource Update The mineral resource estimate was completed by experienced and independent consultants, Mining Associates Pty Ltd, and their summary report is included as part of this announcement. The mineral resource estimate incorporated the results from drilling during 2021, along with drilling results from previous years. The estimate is reported according to the JORC (2012) guidelines. Results When compared to the most recent previous estimate (2020), the Rockface indicated and inferred mineral resource estimate delivers a 4% increase in contained copper metal, to 108.3 kt (from 104.3 kt), and a 7% increase in resource tonnes to 3.53 Mt (from 3.29 Mt). Copper grade is reported at 3.07% and represents a drop of 3% (from 3.17% Cu). Silver grades have increased considerably to 21.0 g/t (from 18.7 g/t) and contained silver metal increased 20% to 2.38 Moz (from 1.98 Moz). Rockface has not been closed off at depth by drilling and DHEM geophysics carried out on the deepest holes drilled to date, indicates that the conductive sulphide mineralisation continues substantially below the level of current drilling. Table 1 presents the latest mineral resource parameters and Figure 1 show the progression of copper results from the past four Rockface mineral resource estimates.お知らせ • Feb 15KGL Resources Announces Bellbird Resource Update Rockface Assay ResultsKGL Resources Limited reported that the recent resource development drilling program of the Rockface deposit was successfully completed on 12 December 2021, and that all final assay results have now been received. Work has commenced on an update to the mineral resource model for Rockface and, together with the already finalised Reward and Bellbird resource estimates, will form the basis for revised and optimised feasibility study mine designs. Rockface drill intersections above 1% copper cut off. Like Reward and Bellbird, Rockface assays broadly confirm the existing mineral resource model and will result in refinements to the geological interpretations. The results also confirm the discovery of a higher- grade domain located near the western margin of the Rockface North lode. A longitudinal projection of the lower portion of the Rockface North lode, plotting the positions of the relevant copper intercepts. The information in this announcement that relates to Exploration Targets and Exploration Results is based on data compiled by John Levings BSc, a Competent Person who is a Fellow of The Australasian Institute of Mining and Metallurgy. Mr. Levings is Principal Geologist for the Company. Mr. Levings has sufficient experience, which is relevant to the style of mineralisation and type of deposit under consideration and to the activity, which is being undertaking to qualify as a Competent Person as defined in the 2012 Edition of `Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr. Levings consents to the inclusion in the announcement of the matters based on his information in the form and context in which it appears. The following drill holes were originally reported on the date indicated and using the JORC code specified in the table.お知らせ • Jan 27KGL Resources Announces Bellbird Resource UpdateKGL Resources announced an update of the mineral resource estimate for the Bellbird deposit. The Bellbird deposit hosts one of the three principal mineral resources which comprise the Jervois Copper Project and has been subject to a significant program of resource-growth drilling during 2021. This Bellbird update follows the updated mineral resource estimate update for Reward that was announced on 10th January 2022. The Rockface mineral resource estimate is underway, and these three (3) resource models will form the basis for feasibility study optimised mine designs. The mineral resource estimate was completed by experienced and independent consultants, Mining Associates Pty Ltd, and their summary report is included as part of this announcement. The mineral resource estimate incorporated the results from drilling during 2021, along with drilling results from previous years. The estimate is reported according to the JORC (2012) guidelines. When compared to the most recent previous estimate (2020), the Bellbird mineral resource estimate delivers a 10% increase in contained copper metal, to 113.4 kt (from 103.1 kt), and 28% increase in resource tonnes to 5.76 Mt (from 4.49 Mt), in the indicated and inferred categories. Copper grade is reported at 1.97% and represents a drop of 14% (from 2.30% Cu). The main reason for the drop in grade was the inclusion of more mineralised material at, or marginally below the cut-off grade, to improve the continuity of the interpreted lodes. Table 1 below presents the latest mineral resource parameters and Figure 1 show the progression of copper results from the past four Bellbird mineral resource estimates. Both gold and silver grades have dropped slightly, but the mineral resource estimates show increased metal contents, in each precious metal, from the 2020 resource estimate to now. Figure 2 shows the progression of silver metal content and grade for the most recent three mineral resource estimates and Figure 3, similarly, for gold.お知らせ • Jan 10KGL Resources Announces an Update of the Mineral Resource Estimate for the Reward DepositKGL Resources announced an update of the mineral resource estimate for the Reward deposit. The Reward deposit hosts one of the three principal mineral resources which comprise the Jervois Copper Project and has been subject to a significant program of resource-growth drilling during 2021. Mineral resource estimate updates for the other two deposits, Bellbird and Rockface, are underway and together they will underpin feasibility study updated mine plans. Taking into consideration this resource update and the expected updates on Bellbird and Rockface, along with COVID-19 restrictions and industry wide challenges, the Feasibility Study is now scheduled for delivery in mid-2022. Reward Resource Update: The mineral resource estimate was completed by experienced and independent consultants, Mining Associates Pty Ltd, and their summary report is included as part of this announcement. The mineral resource estimate incorporated the results from drilling during 2021 along with drilling results from earlier times. The estimate is reported according to the JORC (2012) guidelines. Results: When compared to the most recent previous estimate (2020), the Reward mineral resource estimate delivers a 20% increase in contained copper metal, to 244 kt, and 20% increase in resource tonnes to 13.58 Mt, in the indicated and inferred categories. Copper grade remains consistent at 1.80%. Gold and Silver: Both gold and silver grade has dropped slightly, but the mineral resource estimates show increases in both metal contents from 2020 to 2022. Feasibility Study: KGL Resources Limited had expected the Jervois Feasibility Study would be complete in First Quarter 2022, however industry-wide challenges including Covid-19 related restrictions impacting site activities has led to a delay in completing the Jervois mineral resource and ore reserve updates, subsequent finalisation of the optimised mine plan and, therefore, the completion of the Feasibility Study itself. Bellbird resource update should be completed in early 2022, and it will be a number of months before Rockface will be complete. Whilst the delay to mid-2022 is disappointing, it will allow KGL to: include recent Rockface results in the mineral resource update; add to mineral resources, most likely at Reward and Rockface based on recent drilling; further optimise the mine plan; finalise offtake arrangements; identify and define any cost pressures to refine capital and operating costs, and; continue to explore optimal project financing options, including the potential for Government assistance (NAIF), and develop an appropriate funding strategy. The clear benefit of this additional time will be the likely easing of some of these industry-wide challenges, and subsequent cost pressures, and a more detailed and considered understanding of the project and funding requirements. Inclusion of the recent high-grade results in mineral resource base and mine plan will assist in offsetting the impact of rising capital and logistics costs related to the remote location of Jervois. Despite the ongoing challenges the project is emerging as a significant copper and silver project located in a first-world jurisdiction, where all approvals are now in place. Jervois will offer customers a long-term supply of copper concentrate, with gold and silver credits, from a secure and stable operating environment in comparison to similar mines operating in more difficult geo-political jurisdictions.お知らせ • Dec 22KGL Resources Announces the Discovery of A New Copper Exploration Target Through the Recent Application of Induced Polarisation (IP) and Down-Hole Electromagnetics (DHEM) Geophysical Techniques At JervoisKGL Resources announced the discovery of a new copper Exploration Target through the recent application of induced polarisation (IP) and down-hole electromagnetics (DHEM) geophysical techniques at Jervois. The assay results from the discovery hole, KJCD482, confirm the discovery. The Jervois J-fold is a distinctive large-scale geological structure which is well known to host several mineral occurrences. These include the three JORC mineral resources, Reward, Rockface and Bellbird, which form the basis for the current Feasibility Study. It is also recognised that geophysical methods such as magnetics, gravity, IP and DHEM are very effective exploration tools at Jervois, especially when used in concert. The Rockface deposit, which has an average grade of 3.17% copper, was initially discovered using DHEM, and this technique has recently been used at Rockface, in conjunction with drilling, to explore a very-high grade shoot . During 2021, the company carried out a large IP survey which was designed to explore sections of the J- fold which had not been adequately covered and to infill previous IP surveys performed by MIM over 20 years ago. It is clear now that these techniques are successful, particularly when used together, in defining targets in this area. The 2021 IP survey initially focussed on a strike-segment of the J-fold between Reward and Rockface. This segment contains the well-mineralised outcrops known as Cox's Find prospect and had been drilled and modelled to shallow depth. The new IP survey detected a large and moderately strong anomaly to the south-west of Cox's Find at intermediate depth. Drillhole KJCD482 was drilled to test the anomaly at a position approximately 400 metres below surface and 600 metres south of the Cox's Find outcrop. This was not the strongest part of the IP response, but was positioned to provide the best site for follow on DHEM studies. KJCD482 intersected a broad zone of disseminated sulphide mineralisation, which appears to adequately account for the IP response. The hole also intersected a 2.53-metre-thick zone of stronger copper mineralisation comprising disseminated chalcopyrite and minor bornite. The intersection for this zone in KJCD482 is: 1.92% Cu and 14.7 g/t Ag over 2.53m ETW from 523m down hole. Subsequent DHEM surveys indicated that this zone of mineralisation is associated with a large conductor (modelled as 700m strike x 500m dip). This conductor is only weakly conducting, which is in keeping with the observed disseminated style of mineralisation in KJCD482. Based on the dimensions of the DHEM Model (700m x 500m), the estimated true thickness (2.53m), the grade of the mineralised intersection in KJCD482 (1.92% Cu) and the measured bulk density of the mineralisation (2.81 t/m), an exploration target is postulated to be in the order of 2 to 3 million tonnes at 1.5 to 2.3% Cu. The presence of bornite and the large dimensions of the DHEM conductor and its proximity to Rockface, makes this an attractive exploration target. It is proposed to test the Cox's South DHEM conductor with a follow-up hole, situated approximately 220m south-west of KJCD482, where the IP response is at its highest strength. This hole is scheduled for early 2022 and will be preserved for further DHEM which is also scheduled for early 2022. Further drilling on this target is contingent on the result of the proposed hole and the DHEM survey. Three other holes were drilled in the vicinity of Cox's Find in 2021. Reverse circulation holes KJC461 and KJC462 were drilled beneath the mineral resource model and obtained narrow intercepts of copper. DHEM surveying of these holes did not detect any significant conductors. The reportable intersections for these two holes are: KJC461: 1.54% Cu and 1.2 g/t Ag over 0.94m ETW from 234m down hole KJC462: 1.08% Cu and 3.6 g/t Ag over 4.35m ETW from 260m down hole. Hole KJCD483 targeted an IP anomaly approximately 350 metres south-east of the Cox's Find outcrop, with the prospect being named AZ. The hole intersected disseminated pyrite and chalcopyrite mineralisation and encouraging alteration over broad zones, which likely explains the IP anomaly. One interval of 2.53% copper was intersected over a down-hole interval of 1.14m from 234.11 metres. This zone was not directly associated with an in-hole DHEM conductor although a small 50m x 50m weak off- hole conductor plate is located above the hole approximately 30 metres away from the copper intersection. At this stage AZ has been afforded a lower priority for further drilling. Consulting Geophysicist Kate Hine comments," The discovery of the Cox's South exploration target vindicates the exploration approach adopted by KGL, which is an iterative process involving conceptual geological thought, IP geophysics, drilling, DHEM, geophysical modelling and interpretation.分析記事 • Oct 08We're Interested To See How KGL Resources (ASX:KGL) Uses Its Cash Hoard To GrowEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...お知らせ • Sep 23KGL Resources Limited Completes Resource Development Drilling Program for the Reward and Bellbird Deposits at JervoisKGL Resources Limited announced that the resource development drilling program for the Reward and Bellbird deposits at Jervois has been successfully completed. Copper, silver and gold intersections are broadly in line with expectations and the results serve to increase confidence in sections of the resource model where the drill hole spacing was, previously, wider than optimal. All holes in the Reward drilling program intersected reportable intervals of copper, silver and gold mineralization. Some of the highlights from the Reward program include the following previously reported intersections; KJD428; 19.71m (true thickness) at 2.54% Cu, 68.1 g/t Ag, 0.27 g/t Au from 76.00m downhole Including 6.27m (true thickness) at 4.53% Cu, 90.8 g/t Ag, 0.42 g/t Au from 76.00m downhole. KJD432; 5.84m (true thickness) at 2.91% Cu, 115.9 g/t Ag, 2.30 g/t Au from 146.59m downhole and KJCD438; 9.88m (true thickness) at 2.25% Cu, 31.9 g/t Ag, 1.03 g/t Au from 481.94m downhole.Executive Departure • Sep 01Executive Chairman of the Board Denis Wood has left the companyOn the 30th of August, Denis Wood's tenure as Executive Chairman of the Board ended after 6.1 years in the role. As of June 2021, Denis still personally held 30.83m shares (AU$20m 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 5.92 years.お知らせ • Aug 27KGL Resources Limited Provides Update on Feasibility Study of Jervois Copper ProjectKGL Resources Limited announced that the Feasibility Study of the Company's 100% owned Jervois Copper Mine Project in the Northern Territory is being extended to complete essential studies, and carry out the optimisation phase. Drilling designed to improve the confidence of the Mineral Resource and extend the proposed mine life is being prioritised, and an updated Resource estimate is expected to be released in November 2021. Concurrent metallurgical test work is well advanced and is aimed at improving recoveries of copper as well as valuable gold and silver by-products, thus boosting expected revenue. During the first (March) quarter of 2022, the aim is to complete the financial results of the FS, produce a new Mining Reserve, finalise the project financing, take the final investment decision and begin project construction. Early works will also commence in this period. Jervois is being prepared for development at a time of near record world copper prices that are forecast to remain strong for at least the life of the initial mine at Jervois. The long term copper supply constraints being forecast as demand for copper strengthens significantly in an increasingly electric society are only intensified by the current stresses on production, most recently the labour disruptions in the world's largecopper producing country, Chile.Board Change • Aug 01High number of new directorsIndependent Non-Executive Director Steve Mallyon was the last director to join the board, commencing their role in 2021.お知らせ • Jul 20KGL Resources Limited Announces Good Progress on the Resource Development Drilling Program at Jervois with Assay ResultsKGL Resources Limited reports good progress on the resource development drilling program at Jervois with assay results received for a further 9 holes. Since the recommencement of drilling on 16th February 2021: 39 holes have been successfully completed for a total of 11,373 metres. Of that meterage, 3,449 were reverse-circulation (RC), comprising mainly pre-collars for holes which were subsequently completed by diamond drilling. The remaining 7,924 metres were diamond drilling of either HQ or NQ size. Despite the operating restrictions imposed by COVID, the Jervois team have utilised the time to complete a comprehensive review of 60 years' worth of geophysics. Subsequently KGL has recently commenced a major exploration initiative and investment, comprising a 70 line-kilometre IP-Resistivity survey. This will target the famous Jervois J-fold which is the major structure hosting the JORC Resources. There are significant sections of the prospective J-fold which have not been surveyed by modern electrical geophysics. This survey will rectify this deficiency and will include infilling and extending the current Reward North trend to improve the 3D inversion model and enhance drill targeting as well as the highly prospective section of the J-fold, between Rockface and Reward. The drilling targeted segments of the mineral resource model that required additional information to improve the JORC classification; principally to re-classify mineralisation from Inferred category to Indicated category. Drilling was aimed at the margins of the known lodes and in parts of the model where ambiguity existed. For this reason, the results were sometimes lower grades, over thinner intervals, than the main or central portions of the mineralised lodes but are in line with expectations. Broadly, the new drilling has confirmed the geological interpretations underpinning the 2020 mineral resource estimate at Reward.お知らせ • May 15Kgl Resources Limited Recommences Drilling At Jervois After A Covid-19 Hiatus of More Than 11 MonthKGL Resources Limited recommenced drilling at Jervois after a COVID-19 hiatus of more than 11 months. The company report that drilling is proceeding well. Sixteen holes have now been completed for a total of 5,585 metres of reverse circulation drilling and diamond coring. Final assays have been received for 6 holes. All these holes have intersected reportable and consistent intervals of copper. These intercepts are generally in accordance with the current resource block model and thereby instil even more confidence in the model as a basis for a robust mining operation. In accordance with KGL's main aim of accelerating the Jervois Project through the development stages of Feasibility Study, Construction and Mining, the drilling to date has focussed on improving the quality and precision of the mineral resource model. This work is, and will remain ongoing, but the Company is also pleased to announce that a second universal drilling rig has commenced operations on the 7 of May, 2021. Rig #2 will focus on KGL's extensive portfolio of highly prospective exploration targets on the company's 100%-held mining leases and extensive adjoining exploration licences at Jervois and Unca Creek. Its first drill-hole, KJD443 is located at Bellbird South and is targeting strong coincident gravity and 3D induced polarisation (IP) anomalies. The immediate plan for Rig #2 includes 3 holes at Bellbird South and 4 holes at Coxs Find prospect, which is situated on the J- fold trend and has only been tested by shallow drilling. All holes will be surveyed by down-hole electromagnetics, which is a proven mineralisation-finding technique at Jervois.分析記事 • Mar 25We're Not Very Worried About KGL Resources' (ASX:KGL) Cash Burn RateThere's no doubt that money can be made by owning shares of unprofitable businesses. Indeed, KGL Resources ( ASX:KGL...Is New 90 Day High Low • Feb 23New 90-day high: AU$0.64The company is up 137% from its price of AU$0.27 on 25 November 2020. The Australian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 21% over the same period.分析記事 • Feb 14Is KGL Resources Limited (ASX:KGL) Popular Amongst Insiders?Every investor in KGL Resources Limited ( ASX:KGL ) should be aware of the most powerful shareholder groups. Insiders...お知らせ • Jan 08Northern Territory Government Approves Mining Management Plan for KGL Resources LimitedKGL Resources Limited announced that the Northern Territory Government has approved the Mining Management Plan for KGL's 100% owned Jervois Copper Project.Is New 90 Day High Low • Jan 07New 90-day high: AU$0.33The company is up 65% from its price of AU$0.20 on 09 October 2020. The Australian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 20% over the same period.分析記事 • Dec 22Who Has Been Buying KGL Resources Limited (ASX:KGL) Shares?It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...お知らせ • Dec 16KGL Resources Limited Announces Resignation of John Gooding as DirectorKGL Resources Limited has been advised by Mr. John Gooding that he intends to resign as a director of the company on 31 December 2020 to pursue other interests.お知らせ • Dec 04KGL Resources Limited Announces the Result of the Pre-Feasibility Study on Jervois Copper Project in the Northern Territory and ORC Reserve at Jervois that underpins the PFSKGL Resources Limited announced the result of the Pre-feasibility Study on the Company's 100% owned Jervois Copper Project in the Northern Territory and also the JORC Reserve at Jervois that underpins the PFS. In addition, given the results of the PFS and the known opportunities to enhance the project further over the coming 12 months, the Board of KGL has approved the progression to the Feasibility Study stage of Jervois. The Jervois PFS confirms the potential to develop an initial 7.5 year operation primarily focused on the copper rich ore producing 222 kt of copper metal (with silver (6.7 Moz) and gold (64 koz) by-products) in concentrate. The project has attractive financial returns with a pre-tax NPV (8% real) of AUD 177 million and pre-tax IRR of 23.1% with a total investment of pre-production capital of AUD 200 million. Based on a forecast copper price of USD 3.08/lb and exchange rate of 0.71 AUD:USD, Jervois will generate significant annual EBITDA. The initial mine plan is largely based on JORC mineral Reserve of 9.4 Mt at 2.41% Cu, 32.9 g/t Ag and 0.39 g/t Au and involves open pit mining at the Reward and Bellbird deposits as well as underground operations accessed via declines at the Reward, Bellbird and Rockface deposits. Further optimisation of the scheduling of these deposits will occur during the FS. The PFS assumes the concentrate will be transported by road to Alice Springs and then railed to Adelaide for export. The economic model currently assumes concentrate is sold CIF Adelaide to South East Asian ports. An estimated 230 people will be employed during the construction phase and 300 during operations. Importantly, KGL views the PFS as a starting position only. Management has already identified several areas for further project optimisation during the FS stage. Unfortunately, due to the Covid-19 pandemic, much of the resource definition and expansion drilling planned for 2020 was unable to be completed and will now occur in 2021 with the drill rig expected to be on site early in the new year. It is worth noting that 44% of the Jervois Resource (20.97 Mt at 2.03% Cu, 31.8 g/t Ag) is currently in the Inferred category and the Company's drilling program is aimed at both upgrading a portion of that material as well as delineating additional resources with additional drilling. This will enable the Company to not only extend the mine life but also optimise the timing of capital expenditure associated with the development of each deposit, delivering improved financial returns from those delivered in today's PFS. Beyond the initial mine developments in the pre-feasibility study and the prioritised high grade extensions now being pursued, KGL has a number of other high potential mineralised sites identified by the Company's advanced understanding of the geological structures and state-of-the-art exploration on the Jervois and adjoining Unca Creek tenements. KGL believes that the current schedule of progressing Jervois with the FS next year followed potentially by development is ideally timed given the recent strengthening of the copper market with pricing at seven-year highs. In the medium term, copper demand is forecast to increase underpinned by Covid-19 driven government spending programs on infrastructure at the same time as the world transitions to focus on a lower carbon economy. This is all in addition to the traditional industrial and construction usage.Is New 90 Day High Low • Nov 10New 90-day high: AU$0.32The company is up 85% from its price of AU$0.17 on 11 August 2020. The Australian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 4.0% over the same period.Is New 90 Day High Low • Oct 22New 90-day high: AU$0.25The company is up 47% from its price of AU$0.17 on 24 July 2020. The Australian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is flat over the same period.お知らせ • Sep 17KGL Resources Limited Announces Significantly Increase Copper and Upgraded Mineral ResourcesKGL Resources Limited announced significantly increased copper and upgraded Mineral Resources at the Company's 100% owned Jervois Copper Project in the Northern Territory. This resource update includes the three main deposits considered for development (Reward, Rockface and Bellbird). Resources at Reward South will be re-assessed in the future. The company's consistent strategy, implemented after the 2016 AGM, has resulted in the significant upgrading of total resource estimates for the Jervois Project. An enhanced understanding of the Jervois geology noting higher grade mineralization contained in tighter and better defined mineralised shoots. The grade of copper has almost doubled from 1.07% to 2.03%. A 30% increase in contained copper to 426,200 tonnes associated with a 31% reduction in the resource tonnage. An increased confidence in the resource with 68% now in the Indicated Resource category. The considerable advances in the resource base when compared with the previously reported estimate, are due to the confirmatory infill drilling undertaken from June 2019 to March 2020 coupled with improved understanding of the geological controls on mineralisation. This was achieved through the systematic incorporation of drill results in the geological models and adapting the drill plans accordingly. During the last 4 years the KGL geology team has greatly improved the understanding of the controls of mineralisation and disposition of the mineralised lodes. As outlined in the August 2019 JORC report, improved field protocols, supplementing legacy core-logging codes, have been introduced in 2017 for lithology, alteration, mineralisation and structures. The result has greatly enhanced geological understanding and consistency in logging of lithology, alteration, mineralisation and structural domains and subgroups.お知らせ • Aug 06KGL Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 3.991272 million.KGL Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 3.991272 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 24,945,448 Price\Range: AUD 0.16 Transaction Features: Rights Offering業績と収益の成長予測ASX:KGL - アナリストの将来予測と過去の財務データ ( )AUD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数6/30/2028270-370-1016/30/20270-4-197-516/30/20260-4-2-4112/31/2025N/A-4-9-3N/A9/30/2025N/A-3-11-3N/A6/30/2025N/A-3-13-2N/A3/31/2025N/A-3-14-2N/A12/31/2024N/A-3-16-2N/A9/30/2024N/A-3-16-2N/A6/30/2024N/A-3-16-2N/A3/31/2024N/A-2-15-2N/A12/31/2023N/A-2-14-2N/A9/30/2023N/A-2-14-2N/A6/30/2023N/A-2-14-2N/A6/30/2022N/A-3-24-2N/A12/31/2021N/A-2-16-2N/A9/30/2021N/A-2-11-2N/A6/30/2021N/A-1-6-1N/A3/31/2021N/A-1-6-1N/A12/31/2020N/A-1-6-1N/A9/30/20200-1-10-1N/A6/30/20200-1-14-1N/A3/31/20200-2-15-1N/A12/31/2019N/A-2-16-1N/A9/30/20190-2N/A-1N/A6/30/20190-2N/A-1N/A3/31/20190-2N/A-1N/A12/31/20180-1N/A-1N/A9/30/20180-1N/A-1N/A6/30/20180-1N/A-1N/A3/31/20180-1N/A-1N/A12/31/20170-1N/A-1N/A9/30/20170-1N/A-2N/A6/30/20170-1N/A-2N/A3/31/20170-2N/A-2N/A12/31/20160-2N/A-2N/A9/30/20160-2N/A-2N/A6/30/20160-2N/A-2N/A3/31/20160-2N/A-2N/A12/31/20150-2N/A-2N/A6/30/20151-3N/A-3N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: KGL今後 3 年間、利益が出ない状態が続くと予測されています。収益対市場: KGL今後 3 年間、利益が出ない状態が続くと予測されています。高成長収益: KGL今後 3 年間、利益が出ない状態が続くと予測されています。収益対市場: KGLの収益 ( 147% ) Australian市場 ( 6.4% ) よりも速いペースで成長すると予測されています。高い収益成長: KGLの収益 ( 147% ) 20%よりも速いペースで成長すると予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: KGLの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/09 23:06終値2026/05/08 00:00収益2025/12/31年間収益2025/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋KGL Resources Limited 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Chris BrownMorgans Financial LimitedChristopher DrewMST Financial Services Pty Limited
Breakeven Date Change • Feb 05Forecast to breakeven in 2028The analyst covering KGL Resources expects the company to break even for the first time. New forecast suggests the company will make a profit of AU$58.5m in 2028. Average annual earnings growth of 98% is required to achieve expected profit on schedule.
Price Target Changed • Feb 07Price target increased by 14% to AU$0.95Up from AU$0.83, the current price target is provided by 1 analyst. New target price is 352% above last closing price of AU$0.21. Stock is down 60% over the past year. The company is forecast to post a net loss per share of AU$0.0071 next year compared to a net loss per share of AU$0.0061 last year.
New Risk • Apr 25New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: AU$3.6m Forecast net loss in 2 years: AU$1.7m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$1.7m net loss in 2 years). Share price has been volatile over the past 3 months (17% average weekly change).
New Risk • Mar 19New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: AU$138.8m (US$97.7m) This is considered a minor 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$8.7m free cash flow). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (AU$138.8m market cap, or US$97.7m).
New Risk • Mar 13New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$8.7m 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$8.7m free cash flow). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding).
Breakeven Date Change • Feb 05Forecast to breakeven in 2028The analyst covering KGL Resources expects the company to break even for the first time. New forecast suggests the company will make a profit of AU$58.5m in 2028. Average annual earnings growth of 98% is required to achieve expected profit on schedule.
New Risk • Dec 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% 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 are forecast to decline by an average of 76% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$17m net loss in 2 years). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding).
お知らせ • Nov 24KGL Resources Limited Appoints Lindi Deguara as a Non-Executive Independent Director, Effective on 28 November 2025KGL Resources Limited announced the appointment of Ms Lindi Deguara as a Non-executive Independent Director. Lindi is a highly credentialed director and executive with over 20 years' experience, specifically: Board Experience: Currently serves as Independent NED at Tennis Queensland (Chair Governance Committee) and Jabiru Community Services (Chair Risk Committee). Previous roles include Executive Director at MP Saudi Arabia Company and Non-Executive Director at Axiom Project Services and Golden West Apprenticeships. Committee & Advisory Roles: Independent Member of the Audit & Risk Committee at the Residential Tenancies Authority (Qld), and Independent Board Advisor role at Complex Electrical (CE Group). Executive Leadership: Former Executive General Manager, General Counsel, and Company Secretary at MPC Kinetic, leading corporate services, governance, risk, human resources, and M&A activities, including two ASX IPOs. Earlier roles include senior legal and commercial positions at Golding Contractors, Connell Wagner (now Aurecon), Ansaldo STS Australia (now Hitachi Rail STS) and the Queensland Department of Premier & Cabinet. Additionally, Lindi is Managing Director of her own advisory firm and incorporated legal practice, Strategic & Commercial Outcomes, advising on major energy, infrastructure, and resources projects. Ms Deguara holds a Bachelor of Laws (Hons) and a Bachelor of Creative Industries (Media Comms), is a Solicitor of the Supreme Court of Queensland and the High Court of Australia. Lindi is Fellow of the Governance Institute of Australia and a Graduate of the Australian Institute of Company Directors. Ms Deguara's appointment will become effective at the conclusion of the Company's Annual General Meeting on 28 November 2025. This announcement has been authorised by the KGL's Board of Directors.
New Risk • Nov 13New minor risk - Shareholder dilutionThe 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 Earnings are forecast to decline by an average of 77% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$17m net loss in 2 years). Shareholders have been diluted in the past year (16% increase in shares outstanding). Significant insider selling over the past 3 months (AU$6.5m sold). Market cap is less than US$100m (AU$116.3m market cap, or US$76.1m).
お知らせ • Nov 01KGL Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 11 million.KGL Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 11 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 19,285,714 Price\Range: AUD 0.14 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 59,285,714 Price\Range: AUD 0.14 Discount Per Security: AUD 0.0084 Transaction Features: Subsequent Direct Listing
お知らせ • Oct 31KGL Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 11 million.KGL Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 11 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 78,571,429 Price\Range: AUD 0.14 Discount Per Security: AUD 0.0084 Transaction Features: Subsequent Direct Listing
お知らせ • Oct 27KGL Resources Limited, Annual General Meeting, Nov 28, 2025KGL Resources Limited, Annual General Meeting, Nov 28, 2025. Location: at christie conference centre, 320 adelaide street, brisbane, queensland, 4000., Australia
New Risk • Sep 27New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$13m 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$13m free cash flow). Earnings are forecast to decline by an average of 77% per year for the foreseeable future. Revenue is less than US$1m (AU$253k revenue, or US$166k). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$17m net loss in 2 years). Significant insider selling over the past 3 months (AU$6.5m sold). Market cap is less than US$100m (AU$96.9m market cap, or US$63.5m).
New Risk • Sep 22New minor risk - Financial data availabilityThe 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 are forecast to decline by an average of 77% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Currently unprofitable and not forecast to become profitable over next 2 years (AU$12m net loss in 2 years). Significant insider selling over the past 3 months (AU$6.5m sold). Market cap is less than US$100m (AU$128.1m market cap, or US$84.4m).
Recent Insider Transactions • Sep 06Insider recently sold AU$6.5m worth of stockOn the 2nd of September, Denis Wood sold around 50m shares on-market at roughly AU$0.13 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. This was the only on-market transaction from insiders over the last 12 months.
New Risk • Apr 18New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 22% 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 Earnings have declined by 11% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (22% increase in shares outstanding). Market cap is less than US$100m (AU$59.5m market cap, or US$37.9m).
お知らせ • Mar 06KGL Resources Limited has filed a Follow-on Equity Offering.KGL Resources Limited has filed a Follow-on Equity Offering. Security Name: Ordinary Shares Security Type: Common Stock Transaction Features: Rights Offering
Board Change • Jan 22Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Brian Gell was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Jan 21+ 1 more updateKGL Resources Limited Announces the Resignation of Phillip Condon as Chief Executive OfficerKGL Resources Limited announced that Chief Executive Officer (CEO), Mr. Phillip Condon, has tendered his resignation as Chief Executive Officer to pursue other opportunities and that KGL and Mr. Condon have agreed that Mr. Condon's employment will end on January 21, 2025. As an interim measure, the Chairman, Mr. Jeff Gerard, will assume the executive functions, becoming Executive Chairman, whilst a search for a dedicated CEO is underway.
お知らせ • Oct 29KGL Resources Limited, Annual General Meeting, Nov 28, 2024KGL Resources Limited, Annual General Meeting, Nov 28, 2024. Location: christie conference centre, 320 adelaide st, brisbane,qld, 4000, Australia
New Risk • Aug 09New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 14% 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 Earnings have declined by 7.0% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (AU$61.6m market cap, or US$40.6m).
お知らせ • Jul 08KGL Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 15.127783 million.KGL Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 15.127783 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 151,277,830 Price\Range: AUD 0.1 Transaction Features: Rights Offering
New Risk • Mar 13New major risk - Financial positionThe 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 7.0% per year over the past 5 years. Revenue is less than US$1m (AU$250k revenue, or US$166k). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (25% increase in shares outstanding). Market cap is less than US$100m (AU$68.1m market cap, or US$45.0m).
分析記事 • Feb 29Companies Like KGL Resources (ASX:KGL) Are In A Position To Invest In GrowthWe can readily understand why investors are attracted to unprofitable companies. For example, although...
お知らせ • Jan 30KGL Resources Limited Announces the Resignation of Nick Spencer as Chief Executive OfficerKGL Resources Limited announced the resignation of Chief Executive Officer (CEO), Nick Spencer, effective January 30, 2024. The Board will resume its executive search for a CEO.
お知らせ • Dec 11KGL Resources Limited Announces Chief Financial Officer ChangesKGL Resources Limited announced the resignation of Chief Financial Officer (CFO), Chris Dippenaar, effective December 11, 2023. Mr. Anthony Liaw, KGL's current Financial Controller has been appointed as the Company's new CFO. Anthony, a Certified Public Accountant and Chartered Tax Adviser, started his career with Pricewaterhouse Coopers and Ernst Young in Singapore and has worked as a CFO and Tax Director with global commodity and production companies.
分析記事 • Nov 06We Think KGL Resources (ASX:KGL) Needs To Drive Business Growth CarefullyThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
New Risk • Nov 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 16% 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 (16% average weekly change). Earnings have declined by 12% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (25% increase in shares outstanding). Market cap is less than US$100m (AU$79.4m market cap, or US$50.4m).
お知らせ • Oct 20KGL Resources Limited, Annual General Meeting, Nov 21, 2023KGL Resources Limited, Annual General Meeting, Nov 21, 2023, at 09:00 E. Australia Standard Time. Location: BDO Offices, Level 10 12 Creek St, Brisbane Queensland Australia Agenda: To receive and consider the financial statements of the Company and the directors' and auditors' reports for the period ended 30 June 2023; to discuss Re-election of Directors; and to consider Remuneration Report.
お知らせ • Sep 21KGL Resources Limited Announces Chief Financial Officer ChangesKGL Resources Limited announced Chris Dippenaar appointed as replacement Chief Financial Officer. Mr. Chris Dippenaar has been appointed Chief Financial Officer following the resignation of Ms Amy Treble. Chris is a Fellow Chartered Management Accountant (FCMA) and Fellow Certified Practicing Accountant (FCPA) with extensive international experience and has held executive and senior commercial and finance leadership roles with various publicly listed international mining companies, including BHP, Anglo American and Harmony Gold. During his time with these companies, he provided finance leadership to various greenfield, brownfield and expansion projects; including BMA's Caval Ridge coal mine and AngloCoal's Grasstree coal mine in Queensland and a major reinvestment project at Harmony Gold's Hidden Valley gold and silver mine in Papua New Guinea. His mining experience includes more than 20 years of commercial and finance leadership roles in open cut and underground operations, both for coal and hard rock mining, providing reporting, risk management, corporate governance, internal control and operational support.
お知らせ • Sep 20KGL Resources Limited Appoints Nicholas Spencer as Chief Executive OfficerKGL Resources Limited announced Nicholas Spencer appointed KGL Chief Executive Officer (CEO) to lead the development of the Jervois Copper Project. Mr. Spencer brings over 30 years' specific experience in mining, mine development and funding and has a track record of successfully developing and operating mining projects. Additionally, he has worked in engineering services, logistics and the aerospace industry. He has worked in Australia as well as with multinational corporations in the UK, Middle East, Asia and India. Most recently, Nick served as the Managing Director of Galaxy Gold Mines, an Indian based firm developing a portfolio of gold projects in India and Tanzania. Nick has an honours degree in Mechanical Engineering and a Master of Business Administration. Mr. Spencer will be responsible for the advancement of the Jervois project through to development and will work with Executive Chairman, Denis Wood.
Recent Insider Transactions • Jun 27Independent Non-Executive Director recently bought AU$134k worth of stockOn the 22nd of June, Jeffrey Gerard bought around 1m shares on-market at roughly AU$0.13 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 the only on-market transaction from insiders over the last 12 months.
New Risk • Jun 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% 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 are forecast to decline by an average of 86% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2022 fiscal period end). Currently unprofitable and not forecast to become profitable over next 3 years (AU$54m net loss in 3 years). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (27% increase in shares outstanding). Market cap is less than US$100m (AU$82.3m market cap, or US$55.6m).
分析記事 • Mar 13We're A Little Worried About KGL Resources' (ASX:KGL) Cash Burn RateWe can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Price Target Changed • Feb 07Price target increased by 14% to AU$0.95Up from AU$0.83, the current price target is provided by 1 analyst. New target price is 352% above last closing price of AU$0.21. Stock is down 60% over the past year. The company is forecast to post a net loss per share of AU$0.0071 next year compared to a net loss per share of AU$0.0061 last year.
お知らせ • Jan 20KGL Resources Limited Announces High-Grade Assay Results from Hole KJCD557KGL Resources announced recently received high-grade assay results from hole KJCD557 which succeeded in testing for extensions of copper mineralization previously drilled at Marshall Deeps lode (which is located at the southern end of the Reward Deposit). The hole represents a significant, >200 metre, step-out in a southerly direction from previous drill holes, which also carried significant copper mineralization. The hole also targeted MIMDAS IP and gravity geophysical anomalies at Marshall Deeps. KJCD557 intersected 2 zones of copper mineralization. The west zone is high grade and is associated with interpreted strong DHEM conductors. The east zone is wider and carries lower grade copper, but higher gold assays (up to 1.058 g/t Au over 1m).
Board Change • Dec 04Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Jeff Gerard was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Oct 29KGL Resources Limited, Annual General Meeting, Nov 28, 2022KGL Resources Limited, Annual General Meeting, Nov 28, 2022, at 09:00 E. Australia Standard Time. Location: Christie Centre, 320 Adelaide St Brisbane, Queensland Queensland Australia Agenda: To consider and approve the financial statements of the Company and the directors' and auditors' reports for the period ended 30 June 2022; to consider and approve the Re-election of Director, Mr. Ferdian Purnamasidi; to consider and approve the Re-election of Director, Denis Wood; and to consider other matters.
お知らせ • Oct 28KGL Resources Limited Announces Ian Williams Not Seeking Election as DirectorThe Board of KGL Resources Limited advised that Mr. Ian Williams has advised the Board that he will not be seeking election at the upcoming Annual General Meeting. Mr. Williams joined the board as a director in June 2022 to fill a casual vacancy and has been of great assistance with governance and legal matters during this period. Mr. Williams leaves the board as the company advances to a new phase of its development to address the demands of his advisory business.
お知らせ • Sep 27KGL Resources Announces Results from Hole KJCD556KGL Resources announced results from hole KJCD556 which was drilled to test the down-dip continuation of the high-grade Rockface deposit as defined by previous down-hole electromagnetics modelling and drilling. The Rockface deposit is the highest-grade deposit at Jervois with an average grade of 3.07% Cu and represents 22% of the current total Mineral Resource Estimate. KGL has pursued a methodical approach to exploration at the Rockface deposit of drilling and DHEM since the first high-grade broad interval of copper was discovered in hole KJCD171 back in 2015. The subsequent DHEM survey uncovered two DHEM conductors below KJCD171. The next few years repeated the process of drilling conductors followed by further DHEM surveys on each hole very successfully, as company have continued to follow the deposit down. In 2017, KGL finished outlining the current resource where the last conductor uncovered was one of the strongest and open ended at depth. This conductor outlined in the attached long section is the bottom one on the east side. After the draft mine plan was completed in 2021,then completed the infill drilling to increase the Resource confidence by conversion of some of the inferred resource to indicated resource. Another DHEM survey was completed in 2021. This conductor is on the west side and once again is very strong and extends to depth well below the level of previous drilling. In fact, the DHEM modelling could not define a lower boundary for the mineralisation, which remains open. KJCD556 was drilled to validate the DHEM conductor 120 metres below the two previously deepest Rockface intersections. KJCD556 intersected the Rockface North lode in a position predicted by the DHEM modelling. The hole drilled a 12.38m zone of massive, semi-massive and stringer sulphides comprised mainly of chalcopyrite and pyrite. Assays revealed a strong copper-silver-gold intersection in KJCD556 summarised as follows: 12.38m1 @ 2.60% Cu, 23.8 g/t Ag, 0.34 g/t Au from 978.26m including 8.74m @ 3.20% Cu, 29.7 g/t Ag, 0.42 g/t Au from 978.26m including 5.75m @ 3.86% Cu, 34.4 g/t Ag, 0.51 g/t Au from 978.26m including 4.70m @ 4.26% Cu, 35.3 g/t Ag, 0.59 g/t Au from 979.41m. Results from drillhole KJCD556 are exciting for several reasons: Exploration upside: It confirms continuity of the high-grade zone and the strong conductor continues and remains open at depth; and It continues to demonstrate the validity of DHEM as a methodology to prioritise resource drilling in multiple locations across the Jervois exploration tenements. 2023 Exploration program focus: The drilling program in 2023 will include additional exploration holes at Rockface; and As part of the broader exploration program, KGL will be prioritising the resources and reserves within the known mineral deposits and in the northern part of the Jervois tenements with an objective to expand the mine life.
お知らせ • Sep 14KGL Resources Limited Announces an Update of the Mineral Resource Estimate for the Bellbird DepositKGL Resources announced an update of the mineral resource estimate for the Bellbird deposit. The Bellbird deposit, is one of the three principal mineral resources (along with Reward and Rockface) which comprise the Jervois Project mineral resources. A 16-hole drilling program was carried out during June 2022. Drilling was focused primarily on improving the mineral resource of the Bellbird Hanging-wall lodes and generally continued on to intersect the Main lode. By virtue of the improved drill spacing and resultant enhanced confidence in the geological model, a significant proportion of the mineral resource is now classified as Measured. Both gold and silver grades have remained relatively steady and, by virtue of the increased tonnes, the silver and gold metal contents have each increased. Silver metal is up 18% to 2.64 Moz (from 2.24 Moz) and gold metal is up 10% to 27.5 koz (from 25.0 koz). Both silver and gold now have mineral resources classified as Measured. A major aim of the recent drilling and resource estimation work at Bellbird was to improve the quality (JORC classification) of the mineral resources within the proposed planned open pit design. This target was achieved with 99% of mineral resources within the current pit design classified as either Measured (85%) or Indicated (14%). The improved classification is anticipated to have significant positive impacts on the Bellbird ore reserves, which are currently being estimated. Some of the highlights are: KJC539: 17.89m 2 @ 1.10% Cu, 8.0 g/t Ag from 135m, KJC540: 9.84m @ 3.17% Cu, 25.0 g/t Ag from 109m, KJC541: 6.84m @ 4.83% Cu, 28.0 g/t Ag from 116m, KJC543: 5.50m @ 2.85% Cu, 26.6 g/t Ag from 178m, KJC552: 7.09m @ 3.76% Cu, 21.3 g/t Ag from 51m, KJC553: 12.91m @ 1.94% Cu, 11.4 g/t Ag from 72m. The Reward and Rockface mineral resources remain as previously announced on 10 January 2022 and 7 March 2022 respectively. These resources, combined with the new Bellbird estimate, comprise the overall mineral resources for the Jervois project, totaling 23.80 million tonnes containing: 481.2 Kt Copper (@ 2.02% Cu), 19.3 Moz Silver (@ 25.3 g/t Ag) and 189.6 koz Gold (@ 0.25 g/t Au).
分析記事 • Aug 29Is KGL Resources (ASX:KGL) In A Good Position To Deliver On Growth Plans?Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
お知らせ • Jul 28KGL Resources Limited Announces Further High-Grade Drill Results at KGL's Jervois Copper ProjectKGL Resources Limited reported the final assay results from a recently completed 23-hole drilling program, testing brownfields targets within and nearby the Reward Deposit, at Jervois.The 4 holes in this program were drilled to follow up on a previous intersection from the Reward Gap which had not been incorporated in the latest mineral resource model. A secondary aim was to increase the confidence in the Reward East Lodes, with drilling results confirming a high-grade intersection of copper. Two holes were drilled to test the depth potential of the Marshall Lode at Reward. The deepest hole, KJCD529 yielded the best results. The first mineralised interval corresponds with the downwards projection of the Marshall Lode. The results of the two Marshall deeps holes are listed in Table 2 below. Note the intervals of gold mineralisation that occur separately to the main copper lodes in KJCD529. The results of KJCD529 are important as they demonstrate a continuity of the copper mineralisation at depth, in the southern part of Reward. The results enhance the prospectivity of the nearby IP and gravityanomalies at depth and to the south. Eleven holes were drilled to test extensions of the Reward deposit along strike to the south at shallow to intermediate depth. The program was designed to intersect possible extensions of high-grade silver and polymetallic base metal mineralisation discovered and reported in 2020. These results coupled with the DHEM geophysics indicate limited potential of the high-grade silver shoot. Six drill holes were drilled to test extensions of the Reward deposit along strike to the north at shallow tointermediate depth. The targets were based on several historical copper intersections and some encouragement from the MIMDAS IP. The strong rationale of this program, and indeed the Reward South program, was their relative proximity the planned mining Reward operations. The drilling has confirmed the structure and orientation on the mineralisation andthat the overall tenor is similar to the historical drilling. No additional drilling is currently proposed for this target.
お知らせ • Jun 14KGL Resources Limited Appoints Ian Williams as Independent Non-Executive DirectorKGL Resources Limited announced that Mr. Ian Williams has been appointed as an independent non-executive director of the Company. Mr. Williams is an experienced non-executive director and strategic adviser to companies in the energy & resources sectors. Mr. Williams has been involved in every aspect of the Australian mining industry, including government legislative and regulatory frameworks, project tenements, project approvals, infrastructure, commercial contracts, joint ventures, management arrangements, off-take and marketing arrangements, project financing and mergers & acquisitions. Mr. Williams' appointment will take effect from 14 June 2022 and he will assume roles on both the audit and risk and remuneration committees.
お知らせ • May 18KGL Resources Limited Announces Management ChangesKGL Resources Limited announced that Mr. Peter Hay and Mr. Denis Gately have announced the board that they will not seek re-election at the upcoming Annual General Meeting (AGM) and will cease their terms as directors at the conclusion of the AGM scheduled for 31 May 2022. Mr. Simon Finnis has announced the board of his resignation from the role of Managing Director effective 20 May 2022 and the board has released Mr. Finnis from the requirement to work out his required notice period.
お知らせ • May 12KGL Resources Limited Appoints Mr. Jeff Gerard as Independent Non-Executive Director, Member Audit and Risk and Remuneration Committees. Effective 1 June 2022KGL Resources Limited announced that Mr. Jeff Gerard will join the board as an independent non-executive director. Mr. Gerard has over 40 years' experience in the resources industry, both domestically and abroad, in various chnical, operational, commercial and executive management roles. Mr. Gerard's appointment will take effect from 1 June 2022 and he will assume roles on both the Audit and Risk and Remuneration Committees.
分析記事 • Apr 28Here's Why We're Watching KGL Resources' (ASX:KGL) Cash Burn SituationJust because a business does not make any money, does not mean that the stock will go down. For example, although...
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Denis Gately was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 20KGL Resources Limited Appoints Steven Rooney as Chief Operations Officer, Effective 2 May 2022KGL Resources Limited (KGL or the Company) announced the appointment of highly experienced mining leader Steven Rooney as Chief Operations Officer, effective from 2 May 2022. As Chief Operations Officer, Steven will oversee all site activities from construction into commissioning and then into operations. He will have responsibility to ensure budgetary and production targets are met in a timely and safe manner. Welcoming Steven to the business, CEO Simon Finnis said the Chief Operations Officer role is a key addition to the company's management structure.
Board Change • Mar 23Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Denis Gately was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 07KGL Resources Limited Announces Rockface Mineral Resource UpdateKGL Resources announced an update of the mineral resource estimate for the high-grade Rockface deposit. The Rockface deposit hosts one of the three principal mineral resources which comprise the Jervois Copper Project and has been subject to a significant program of resource- consolidation drilling during 2021. This Rockface update follows the updated mineral resource estimate update for Reward that was announced on 10 January 2022 and for Bellbird on 27 January 2022. Rockface Resource Update The mineral resource estimate was completed by experienced and independent consultants, Mining Associates Pty Ltd, and their summary report is included as part of this announcement. The mineral resource estimate incorporated the results from drilling during 2021, along with drilling results from previous years. The estimate is reported according to the JORC (2012) guidelines. Results When compared to the most recent previous estimate (2020), the Rockface indicated and inferred mineral resource estimate delivers a 4% increase in contained copper metal, to 108.3 kt (from 104.3 kt), and a 7% increase in resource tonnes to 3.53 Mt (from 3.29 Mt). Copper grade is reported at 3.07% and represents a drop of 3% (from 3.17% Cu). Silver grades have increased considerably to 21.0 g/t (from 18.7 g/t) and contained silver metal increased 20% to 2.38 Moz (from 1.98 Moz). Rockface has not been closed off at depth by drilling and DHEM geophysics carried out on the deepest holes drilled to date, indicates that the conductive sulphide mineralisation continues substantially below the level of current drilling. Table 1 presents the latest mineral resource parameters and Figure 1 show the progression of copper results from the past four Rockface mineral resource estimates.
お知らせ • Feb 15KGL Resources Announces Bellbird Resource Update Rockface Assay ResultsKGL Resources Limited reported that the recent resource development drilling program of the Rockface deposit was successfully completed on 12 December 2021, and that all final assay results have now been received. Work has commenced on an update to the mineral resource model for Rockface and, together with the already finalised Reward and Bellbird resource estimates, will form the basis for revised and optimised feasibility study mine designs. Rockface drill intersections above 1% copper cut off. Like Reward and Bellbird, Rockface assays broadly confirm the existing mineral resource model and will result in refinements to the geological interpretations. The results also confirm the discovery of a higher- grade domain located near the western margin of the Rockface North lode. A longitudinal projection of the lower portion of the Rockface North lode, plotting the positions of the relevant copper intercepts. The information in this announcement that relates to Exploration Targets and Exploration Results is based on data compiled by John Levings BSc, a Competent Person who is a Fellow of The Australasian Institute of Mining and Metallurgy. Mr. Levings is Principal Geologist for the Company. Mr. Levings has sufficient experience, which is relevant to the style of mineralisation and type of deposit under consideration and to the activity, which is being undertaking to qualify as a Competent Person as defined in the 2012 Edition of `Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr. Levings consents to the inclusion in the announcement of the matters based on his information in the form and context in which it appears. The following drill holes were originally reported on the date indicated and using the JORC code specified in the table.
お知らせ • Jan 27KGL Resources Announces Bellbird Resource UpdateKGL Resources announced an update of the mineral resource estimate for the Bellbird deposit. The Bellbird deposit hosts one of the three principal mineral resources which comprise the Jervois Copper Project and has been subject to a significant program of resource-growth drilling during 2021. This Bellbird update follows the updated mineral resource estimate update for Reward that was announced on 10th January 2022. The Rockface mineral resource estimate is underway, and these three (3) resource models will form the basis for feasibility study optimised mine designs. The mineral resource estimate was completed by experienced and independent consultants, Mining Associates Pty Ltd, and their summary report is included as part of this announcement. The mineral resource estimate incorporated the results from drilling during 2021, along with drilling results from previous years. The estimate is reported according to the JORC (2012) guidelines. When compared to the most recent previous estimate (2020), the Bellbird mineral resource estimate delivers a 10% increase in contained copper metal, to 113.4 kt (from 103.1 kt), and 28% increase in resource tonnes to 5.76 Mt (from 4.49 Mt), in the indicated and inferred categories. Copper grade is reported at 1.97% and represents a drop of 14% (from 2.30% Cu). The main reason for the drop in grade was the inclusion of more mineralised material at, or marginally below the cut-off grade, to improve the continuity of the interpreted lodes. Table 1 below presents the latest mineral resource parameters and Figure 1 show the progression of copper results from the past four Bellbird mineral resource estimates. Both gold and silver grades have dropped slightly, but the mineral resource estimates show increased metal contents, in each precious metal, from the 2020 resource estimate to now. Figure 2 shows the progression of silver metal content and grade for the most recent three mineral resource estimates and Figure 3, similarly, for gold.
お知らせ • Jan 10KGL Resources Announces an Update of the Mineral Resource Estimate for the Reward DepositKGL Resources announced an update of the mineral resource estimate for the Reward deposit. The Reward deposit hosts one of the three principal mineral resources which comprise the Jervois Copper Project and has been subject to a significant program of resource-growth drilling during 2021. Mineral resource estimate updates for the other two deposits, Bellbird and Rockface, are underway and together they will underpin feasibility study updated mine plans. Taking into consideration this resource update and the expected updates on Bellbird and Rockface, along with COVID-19 restrictions and industry wide challenges, the Feasibility Study is now scheduled for delivery in mid-2022. Reward Resource Update: The mineral resource estimate was completed by experienced and independent consultants, Mining Associates Pty Ltd, and their summary report is included as part of this announcement. The mineral resource estimate incorporated the results from drilling during 2021 along with drilling results from earlier times. The estimate is reported according to the JORC (2012) guidelines. Results: When compared to the most recent previous estimate (2020), the Reward mineral resource estimate delivers a 20% increase in contained copper metal, to 244 kt, and 20% increase in resource tonnes to 13.58 Mt, in the indicated and inferred categories. Copper grade remains consistent at 1.80%. Gold and Silver: Both gold and silver grade has dropped slightly, but the mineral resource estimates show increases in both metal contents from 2020 to 2022. Feasibility Study: KGL Resources Limited had expected the Jervois Feasibility Study would be complete in First Quarter 2022, however industry-wide challenges including Covid-19 related restrictions impacting site activities has led to a delay in completing the Jervois mineral resource and ore reserve updates, subsequent finalisation of the optimised mine plan and, therefore, the completion of the Feasibility Study itself. Bellbird resource update should be completed in early 2022, and it will be a number of months before Rockface will be complete. Whilst the delay to mid-2022 is disappointing, it will allow KGL to: include recent Rockface results in the mineral resource update; add to mineral resources, most likely at Reward and Rockface based on recent drilling; further optimise the mine plan; finalise offtake arrangements; identify and define any cost pressures to refine capital and operating costs, and; continue to explore optimal project financing options, including the potential for Government assistance (NAIF), and develop an appropriate funding strategy. The clear benefit of this additional time will be the likely easing of some of these industry-wide challenges, and subsequent cost pressures, and a more detailed and considered understanding of the project and funding requirements. Inclusion of the recent high-grade results in mineral resource base and mine plan will assist in offsetting the impact of rising capital and logistics costs related to the remote location of Jervois. Despite the ongoing challenges the project is emerging as a significant copper and silver project located in a first-world jurisdiction, where all approvals are now in place. Jervois will offer customers a long-term supply of copper concentrate, with gold and silver credits, from a secure and stable operating environment in comparison to similar mines operating in more difficult geo-political jurisdictions.
お知らせ • Dec 22KGL Resources Announces the Discovery of A New Copper Exploration Target Through the Recent Application of Induced Polarisation (IP) and Down-Hole Electromagnetics (DHEM) Geophysical Techniques At JervoisKGL Resources announced the discovery of a new copper Exploration Target through the recent application of induced polarisation (IP) and down-hole electromagnetics (DHEM) geophysical techniques at Jervois. The assay results from the discovery hole, KJCD482, confirm the discovery. The Jervois J-fold is a distinctive large-scale geological structure which is well known to host several mineral occurrences. These include the three JORC mineral resources, Reward, Rockface and Bellbird, which form the basis for the current Feasibility Study. It is also recognised that geophysical methods such as magnetics, gravity, IP and DHEM are very effective exploration tools at Jervois, especially when used in concert. The Rockface deposit, which has an average grade of 3.17% copper, was initially discovered using DHEM, and this technique has recently been used at Rockface, in conjunction with drilling, to explore a very-high grade shoot . During 2021, the company carried out a large IP survey which was designed to explore sections of the J- fold which had not been adequately covered and to infill previous IP surveys performed by MIM over 20 years ago. It is clear now that these techniques are successful, particularly when used together, in defining targets in this area. The 2021 IP survey initially focussed on a strike-segment of the J-fold between Reward and Rockface. This segment contains the well-mineralised outcrops known as Cox's Find prospect and had been drilled and modelled to shallow depth. The new IP survey detected a large and moderately strong anomaly to the south-west of Cox's Find at intermediate depth. Drillhole KJCD482 was drilled to test the anomaly at a position approximately 400 metres below surface and 600 metres south of the Cox's Find outcrop. This was not the strongest part of the IP response, but was positioned to provide the best site for follow on DHEM studies. KJCD482 intersected a broad zone of disseminated sulphide mineralisation, which appears to adequately account for the IP response. The hole also intersected a 2.53-metre-thick zone of stronger copper mineralisation comprising disseminated chalcopyrite and minor bornite. The intersection for this zone in KJCD482 is: 1.92% Cu and 14.7 g/t Ag over 2.53m ETW from 523m down hole. Subsequent DHEM surveys indicated that this zone of mineralisation is associated with a large conductor (modelled as 700m strike x 500m dip). This conductor is only weakly conducting, which is in keeping with the observed disseminated style of mineralisation in KJCD482. Based on the dimensions of the DHEM Model (700m x 500m), the estimated true thickness (2.53m), the grade of the mineralised intersection in KJCD482 (1.92% Cu) and the measured bulk density of the mineralisation (2.81 t/m), an exploration target is postulated to be in the order of 2 to 3 million tonnes at 1.5 to 2.3% Cu. The presence of bornite and the large dimensions of the DHEM conductor and its proximity to Rockface, makes this an attractive exploration target. It is proposed to test the Cox's South DHEM conductor with a follow-up hole, situated approximately 220m south-west of KJCD482, where the IP response is at its highest strength. This hole is scheduled for early 2022 and will be preserved for further DHEM which is also scheduled for early 2022. Further drilling on this target is contingent on the result of the proposed hole and the DHEM survey. Three other holes were drilled in the vicinity of Cox's Find in 2021. Reverse circulation holes KJC461 and KJC462 were drilled beneath the mineral resource model and obtained narrow intercepts of copper. DHEM surveying of these holes did not detect any significant conductors. The reportable intersections for these two holes are: KJC461: 1.54% Cu and 1.2 g/t Ag over 0.94m ETW from 234m down hole KJC462: 1.08% Cu and 3.6 g/t Ag over 4.35m ETW from 260m down hole. Hole KJCD483 targeted an IP anomaly approximately 350 metres south-east of the Cox's Find outcrop, with the prospect being named AZ. The hole intersected disseminated pyrite and chalcopyrite mineralisation and encouraging alteration over broad zones, which likely explains the IP anomaly. One interval of 2.53% copper was intersected over a down-hole interval of 1.14m from 234.11 metres. This zone was not directly associated with an in-hole DHEM conductor although a small 50m x 50m weak off- hole conductor plate is located above the hole approximately 30 metres away from the copper intersection. At this stage AZ has been afforded a lower priority for further drilling. Consulting Geophysicist Kate Hine comments," The discovery of the Cox's South exploration target vindicates the exploration approach adopted by KGL, which is an iterative process involving conceptual geological thought, IP geophysics, drilling, DHEM, geophysical modelling and interpretation.
分析記事 • Oct 08We're Interested To See How KGL Resources (ASX:KGL) Uses Its Cash Hoard To GrowEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
お知らせ • Sep 23KGL Resources Limited Completes Resource Development Drilling Program for the Reward and Bellbird Deposits at JervoisKGL Resources Limited announced that the resource development drilling program for the Reward and Bellbird deposits at Jervois has been successfully completed. Copper, silver and gold intersections are broadly in line with expectations and the results serve to increase confidence in sections of the resource model where the drill hole spacing was, previously, wider than optimal. All holes in the Reward drilling program intersected reportable intervals of copper, silver and gold mineralization. Some of the highlights from the Reward program include the following previously reported intersections; KJD428; 19.71m (true thickness) at 2.54% Cu, 68.1 g/t Ag, 0.27 g/t Au from 76.00m downhole Including 6.27m (true thickness) at 4.53% Cu, 90.8 g/t Ag, 0.42 g/t Au from 76.00m downhole. KJD432; 5.84m (true thickness) at 2.91% Cu, 115.9 g/t Ag, 2.30 g/t Au from 146.59m downhole and KJCD438; 9.88m (true thickness) at 2.25% Cu, 31.9 g/t Ag, 1.03 g/t Au from 481.94m downhole.
Executive Departure • Sep 01Executive Chairman of the Board Denis Wood has left the companyOn the 30th of August, Denis Wood's tenure as Executive Chairman of the Board ended after 6.1 years in the role. As of June 2021, Denis still personally held 30.83m shares (AU$20m 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 5.92 years.
お知らせ • Aug 27KGL Resources Limited Provides Update on Feasibility Study of Jervois Copper ProjectKGL Resources Limited announced that the Feasibility Study of the Company's 100% owned Jervois Copper Mine Project in the Northern Territory is being extended to complete essential studies, and carry out the optimisation phase. Drilling designed to improve the confidence of the Mineral Resource and extend the proposed mine life is being prioritised, and an updated Resource estimate is expected to be released in November 2021. Concurrent metallurgical test work is well advanced and is aimed at improving recoveries of copper as well as valuable gold and silver by-products, thus boosting expected revenue. During the first (March) quarter of 2022, the aim is to complete the financial results of the FS, produce a new Mining Reserve, finalise the project financing, take the final investment decision and begin project construction. Early works will also commence in this period. Jervois is being prepared for development at a time of near record world copper prices that are forecast to remain strong for at least the life of the initial mine at Jervois. The long term copper supply constraints being forecast as demand for copper strengthens significantly in an increasingly electric society are only intensified by the current stresses on production, most recently the labour disruptions in the world's largecopper producing country, Chile.
Board Change • Aug 01High number of new directorsIndependent Non-Executive Director Steve Mallyon was the last director to join the board, commencing their role in 2021.
お知らせ • Jul 20KGL Resources Limited Announces Good Progress on the Resource Development Drilling Program at Jervois with Assay ResultsKGL Resources Limited reports good progress on the resource development drilling program at Jervois with assay results received for a further 9 holes. Since the recommencement of drilling on 16th February 2021: 39 holes have been successfully completed for a total of 11,373 metres. Of that meterage, 3,449 were reverse-circulation (RC), comprising mainly pre-collars for holes which were subsequently completed by diamond drilling. The remaining 7,924 metres were diamond drilling of either HQ or NQ size. Despite the operating restrictions imposed by COVID, the Jervois team have utilised the time to complete a comprehensive review of 60 years' worth of geophysics. Subsequently KGL has recently commenced a major exploration initiative and investment, comprising a 70 line-kilometre IP-Resistivity survey. This will target the famous Jervois J-fold which is the major structure hosting the JORC Resources. There are significant sections of the prospective J-fold which have not been surveyed by modern electrical geophysics. This survey will rectify this deficiency and will include infilling and extending the current Reward North trend to improve the 3D inversion model and enhance drill targeting as well as the highly prospective section of the J-fold, between Rockface and Reward. The drilling targeted segments of the mineral resource model that required additional information to improve the JORC classification; principally to re-classify mineralisation from Inferred category to Indicated category. Drilling was aimed at the margins of the known lodes and in parts of the model where ambiguity existed. For this reason, the results were sometimes lower grades, over thinner intervals, than the main or central portions of the mineralised lodes but are in line with expectations. Broadly, the new drilling has confirmed the geological interpretations underpinning the 2020 mineral resource estimate at Reward.
お知らせ • May 15Kgl Resources Limited Recommences Drilling At Jervois After A Covid-19 Hiatus of More Than 11 MonthKGL Resources Limited recommenced drilling at Jervois after a COVID-19 hiatus of more than 11 months. The company report that drilling is proceeding well. Sixteen holes have now been completed for a total of 5,585 metres of reverse circulation drilling and diamond coring. Final assays have been received for 6 holes. All these holes have intersected reportable and consistent intervals of copper. These intercepts are generally in accordance with the current resource block model and thereby instil even more confidence in the model as a basis for a robust mining operation. In accordance with KGL's main aim of accelerating the Jervois Project through the development stages of Feasibility Study, Construction and Mining, the drilling to date has focussed on improving the quality and precision of the mineral resource model. This work is, and will remain ongoing, but the Company is also pleased to announce that a second universal drilling rig has commenced operations on the 7 of May, 2021. Rig #2 will focus on KGL's extensive portfolio of highly prospective exploration targets on the company's 100%-held mining leases and extensive adjoining exploration licences at Jervois and Unca Creek. Its first drill-hole, KJD443 is located at Bellbird South and is targeting strong coincident gravity and 3D induced polarisation (IP) anomalies. The immediate plan for Rig #2 includes 3 holes at Bellbird South and 4 holes at Coxs Find prospect, which is situated on the J- fold trend and has only been tested by shallow drilling. All holes will be surveyed by down-hole electromagnetics, which is a proven mineralisation-finding technique at Jervois.
分析記事 • Mar 25We're Not Very Worried About KGL Resources' (ASX:KGL) Cash Burn RateThere's no doubt that money can be made by owning shares of unprofitable businesses. Indeed, KGL Resources ( ASX:KGL...
Is New 90 Day High Low • Feb 23New 90-day high: AU$0.64The company is up 137% from its price of AU$0.27 on 25 November 2020. The Australian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 21% over the same period.
分析記事 • Feb 14Is KGL Resources Limited (ASX:KGL) Popular Amongst Insiders?Every investor in KGL Resources Limited ( ASX:KGL ) should be aware of the most powerful shareholder groups. Insiders...
お知らせ • Jan 08Northern Territory Government Approves Mining Management Plan for KGL Resources LimitedKGL Resources Limited announced that the Northern Territory Government has approved the Mining Management Plan for KGL's 100% owned Jervois Copper Project.
Is New 90 Day High Low • Jan 07New 90-day high: AU$0.33The company is up 65% from its price of AU$0.20 on 09 October 2020. The Australian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 20% over the same period.
分析記事 • Dec 22Who Has Been Buying KGL Resources Limited (ASX:KGL) Shares?It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be...
お知らせ • Dec 16KGL Resources Limited Announces Resignation of John Gooding as DirectorKGL Resources Limited has been advised by Mr. John Gooding that he intends to resign as a director of the company on 31 December 2020 to pursue other interests.
お知らせ • Dec 04KGL Resources Limited Announces the Result of the Pre-Feasibility Study on Jervois Copper Project in the Northern Territory and ORC Reserve at Jervois that underpins the PFSKGL Resources Limited announced the result of the Pre-feasibility Study on the Company's 100% owned Jervois Copper Project in the Northern Territory and also the JORC Reserve at Jervois that underpins the PFS. In addition, given the results of the PFS and the known opportunities to enhance the project further over the coming 12 months, the Board of KGL has approved the progression to the Feasibility Study stage of Jervois. The Jervois PFS confirms the potential to develop an initial 7.5 year operation primarily focused on the copper rich ore producing 222 kt of copper metal (with silver (6.7 Moz) and gold (64 koz) by-products) in concentrate. The project has attractive financial returns with a pre-tax NPV (8% real) of AUD 177 million and pre-tax IRR of 23.1% with a total investment of pre-production capital of AUD 200 million. Based on a forecast copper price of USD 3.08/lb and exchange rate of 0.71 AUD:USD, Jervois will generate significant annual EBITDA. The initial mine plan is largely based on JORC mineral Reserve of 9.4 Mt at 2.41% Cu, 32.9 g/t Ag and 0.39 g/t Au and involves open pit mining at the Reward and Bellbird deposits as well as underground operations accessed via declines at the Reward, Bellbird and Rockface deposits. Further optimisation of the scheduling of these deposits will occur during the FS. The PFS assumes the concentrate will be transported by road to Alice Springs and then railed to Adelaide for export. The economic model currently assumes concentrate is sold CIF Adelaide to South East Asian ports. An estimated 230 people will be employed during the construction phase and 300 during operations. Importantly, KGL views the PFS as a starting position only. Management has already identified several areas for further project optimisation during the FS stage. Unfortunately, due to the Covid-19 pandemic, much of the resource definition and expansion drilling planned for 2020 was unable to be completed and will now occur in 2021 with the drill rig expected to be on site early in the new year. It is worth noting that 44% of the Jervois Resource (20.97 Mt at 2.03% Cu, 31.8 g/t Ag) is currently in the Inferred category and the Company's drilling program is aimed at both upgrading a portion of that material as well as delineating additional resources with additional drilling. This will enable the Company to not only extend the mine life but also optimise the timing of capital expenditure associated with the development of each deposit, delivering improved financial returns from those delivered in today's PFS. Beyond the initial mine developments in the pre-feasibility study and the prioritised high grade extensions now being pursued, KGL has a number of other high potential mineralised sites identified by the Company's advanced understanding of the geological structures and state-of-the-art exploration on the Jervois and adjoining Unca Creek tenements. KGL believes that the current schedule of progressing Jervois with the FS next year followed potentially by development is ideally timed given the recent strengthening of the copper market with pricing at seven-year highs. In the medium term, copper demand is forecast to increase underpinned by Covid-19 driven government spending programs on infrastructure at the same time as the world transitions to focus on a lower carbon economy. This is all in addition to the traditional industrial and construction usage.
Is New 90 Day High Low • Nov 10New 90-day high: AU$0.32The company is up 85% from its price of AU$0.17 on 11 August 2020. The Australian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 4.0% over the same period.
Is New 90 Day High Low • Oct 22New 90-day high: AU$0.25The company is up 47% from its price of AU$0.17 on 24 July 2020. The Australian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is flat over the same period.
お知らせ • Sep 17KGL Resources Limited Announces Significantly Increase Copper and Upgraded Mineral ResourcesKGL Resources Limited announced significantly increased copper and upgraded Mineral Resources at the Company's 100% owned Jervois Copper Project in the Northern Territory. This resource update includes the three main deposits considered for development (Reward, Rockface and Bellbird). Resources at Reward South will be re-assessed in the future. The company's consistent strategy, implemented after the 2016 AGM, has resulted in the significant upgrading of total resource estimates for the Jervois Project. An enhanced understanding of the Jervois geology noting higher grade mineralization contained in tighter and better defined mineralised shoots. The grade of copper has almost doubled from 1.07% to 2.03%. A 30% increase in contained copper to 426,200 tonnes associated with a 31% reduction in the resource tonnage. An increased confidence in the resource with 68% now in the Indicated Resource category. The considerable advances in the resource base when compared with the previously reported estimate, are due to the confirmatory infill drilling undertaken from June 2019 to March 2020 coupled with improved understanding of the geological controls on mineralisation. This was achieved through the systematic incorporation of drill results in the geological models and adapting the drill plans accordingly. During the last 4 years the KGL geology team has greatly improved the understanding of the controls of mineralisation and disposition of the mineralised lodes. As outlined in the August 2019 JORC report, improved field protocols, supplementing legacy core-logging codes, have been introduced in 2017 for lithology, alteration, mineralisation and structures. The result has greatly enhanced geological understanding and consistency in logging of lithology, alteration, mineralisation and structural domains and subgroups.
お知らせ • Aug 06KGL Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 3.991272 million.KGL Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 3.991272 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 24,945,448 Price\Range: AUD 0.16 Transaction Features: Rights Offering