View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsStrandline Resources 将来の成長Future 基準チェック /46Strandline Resources利益と収益がそれぞれ年間37.8%と18.6%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に18.9% 41.1%なると予測されています。主要情報37.8%収益成長率41.10%EPS成長率Metals and Mining 収益成長14.7%収益成長率18.6%将来の株主資本利益率18.87%アナリストカバレッジLow最終更新日16 Jan 2024今後の成長に関する最新情報Price Target Changed • Aug 17Price target decreased by 15% to AU$0.47Down from AU$0.56, the current price target is an average from 3 analysts. New target price is 170% above last closing price of AU$0.17. Stock is down 61% over the past year. The company is forecast to post a net loss per share of AU$0.011 next year compared to a net loss per share of AU$0.0079 last year.Price Target Changed • Jul 12Price target decreased by 22% to AU$0.61Down from AU$0.77, the current price target is an average from 3 analysts. New target price is 158% above last closing price of AU$0.23. Stock is down 23% over the past year. The company is forecast to post earnings per share of AU$0.00042 next year compared to a net loss per share of AU$0.0079 last year.Breakeven Date Change • Jun 30Forecast breakeven date pushed back to 2024The 3 analysts covering Strandline Resources previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of AU$53.7m in 2024. Average annual earnings growth of 109% is required to achieve expected profit on schedule.Price Target Changed • Mar 22Price target increased to AU$0.71Up from AU$0.61, the current price target is an average from 2 analysts. New target price is 80% above last closing price of AU$0.40. Stock is up 41% over the past year. The company is forecast to post a net loss per share of AU$0.0055 next year compared to a net loss per share of AU$0.02 last year.Price Target Changed • Sep 17Price target increased to AU$0.60Up from AU$0.54, the current price target is an average from 2 analysts. New target price is 181% above last closing price of AU$0.21.Price Target Changed • May 07Price target increased to AU$0.55Up from AU$0.49, the current price target is an average from 2 analysts. New target price is 156% above last closing price of AU$0.21. Stock is up 65% over the past year.すべての更新を表示Recent updatesお知らせ • Oct 08Strandline Resources Limited, Annual General Meeting, Nov 28, 2024Strandline Resources Limited, Annual General Meeting, Nov 28, 2024.お知らせ • Aug 09Ganzhou Chenguang Rare Earths New Material Co., Ltd. acquired Strandline Resources Uk Limited from Strandline Resources Limited (ASX:STA) for AUD 43 million.Ganzhou Chenguang Rare Earths New Material Co., Ltd. signed a share purchase agreement to acquire Strandline Resources Uk Limited from Strandline Resources Limited (ASX:STA) for AUD 43 million on May 20, 2024. The transaction also includes the acquisition of Tanzanian mineral sands projects. As part of consideration, Ganzhou Chenguang will pay AUD 27.2 million in cash and AUD 15.8 million for the assignment of the inter-company loans, Strandline has provided to fund its Tanzanian Projects. As of December 31, 2023, Strandline Resources Uk reported a total asset of AUD 15.5 million, net assets of AUD 1.8 million and net loss of AUD 0.27 million. The proceeds from the transaction will be used to repay existing super senior indebtedness and for working capital. The completion is subject to obtaining all necessary regulatory and government approvals, including Tanzanian and Chinese government approvals and there being no material adverse change, including a material breach of a warranty provided by Strandline or the licenses for its Tanzanian projects being revoked. Ganzhou Chenguang Rare Earths New Material Co., Ltd. completed the acquisition of Strandline Resources Uk Limited from Strandline Resources Limited (ASX:STA) on August 8, 2024. The consideration will be used to repay the AUD 35 million super senior debt facilities along with accrued interest and fees.お知らせ • Nov 24Strandline Resources Limited Announces Executive and Management Team ChangesStrandline Resources Limited provides an update on changes to its executive and management team and commissioning activities at the Coburn Mineral Sands Project. EXECUTIVE AND MANAGEMENT CHANGES: Belinda Murray appointed as Chief Operating Officer. Belinda is an experienced executive with over 20 years in the resources industry. Belinda previously spent 12 years with the BGC Group in various leadership roles and played an integral role in overseeing the company's growth. She has held a broad range of responsibilities including various aspects of mining operations, commercial, safety, governance, culture and sustainability. Belinda has been Strandline's Head of Commercial & Strategic Development since November 2022. Ian Hind appointed as the new General Manager Marketing and Logistics. Ian has extensive mineral sands marketing and logistic experience having spent 13 years with Iluka Resources Limited in a variety of international marketing and logistics roles. Ian has also spent three years as the Business Development Manager at Mid West Ports Authority which is responsible for administering the operation of the port of Geraldton from where Strandline exports its products. John Francisco appointed as the new General Manager of Coburn Operations. John has held a number of development and operational roles in various mining operations both in Australia and overseas and brings a wealth of experience to the team. John worked closely with Jozsef Patarica on the ramp up to nameplate throughput rates of the Grande Cote Mineral Sands Operations in Senegal, West Africa. He has led project teams through design, construction, commissioning and into sustainable operations. He was Operations Manager at the Wahgnion Gold Mine in Burkina Faso and General manager at the Kipoi Copper Mine in the DRC. Michael Ingram appointed as Technical Manager. Michael is a Geologist with 30 years in technical management roles within the mineral sands and industrial minerals industries. His experience includes 10 years in consulting firms performing engineering and project management roles on projects for Iluka Resources and Tiwest/Tronox both in Australia and overseas. Michael has been Strandline's Senior Project/Studies Manager since March 2023. Additional to changes in executive and management significant technical and operational support has been engaged to assist with the ramp up and commissioning of Coburn. The following mineral sands specialist consultants, who have previously worked with Jozsef Patarica, have been engaged: Mr. John Bunter who has more than 50 years mineral sands experience having been involved with Allied Eneabba Limited, Sierra Rutile Limited, RGC Minerals Sands /Iluka Resources Limited (Narngulu & Eneabba), Ticor South Africa Pty Ltd, and Grande Cote Mineral Sands Operations in West Africa, Senegal. John has held a number of management roles with responsibility for operations, commissioning and design of many mineral sand's projects globally. He was also the Managing Director of Allied Mineral Laboratories for five years where he oversaw several test work programs as well as design, build and operation of physical separation test facilities including one with the University of Sierra Leone. Mr. Anthony Hegarty is a mining professional with more than 35 years mineral sands experience having been involved with Iluka Resources Limited (Eneabba), Sierra Rutile Limited, Kenmare Resources PLC in Mozambique, Tiwest Pty Ltd. (Cooljarloo Mine, Cataby) and Grande Cote Mineral Sands Operations in Senegal and reported directly to the in-country CEO. He has held a number of management roles responsible for mining, processing and overall operations. The Company also advises that Flavio Garofalo has resigned as Company Secretary of the Company and its subsidiaries to pursue other interests. Jamie Cann, will continue in the role of Company Secretary for Strandline and its subsidiaries.お知らせ • Nov 23+ 1 more updateStrandline Resources Limited Announces CFO ChangesStrandline Resources Limited also advises that Flavio Garofalo has resigned as Chief Financial Officer of the Company and its subsidiaries to pursue other interests. The Board would like to thank Mr. Garofalo for the valuable contribution he has made to the Company and wish him well in his future endeavours. Strandline's Senior Financial Controller, Ms Jenelle Goddard has been appointed as Interim Chief Financial Officer.お知らせ • Oct 06Strandline Resources Limited, Annual General Meeting, Nov 23, 2023Strandline Resources Limited, Annual General Meeting, Nov 23, 2023, at 14:30 W. Australia Standard Time.お知らせ • Sep 25Strandline Resources Limited Announces Executive ChangesStrandline Resources Limited announced that highly regarded senior mining executive Jozsef Patarica has been appointed Managing Director. The appointment of Mr. Patarica, who was appointed Strandline’s Chief Executive Officer in July 2023, follows the resignation of Managing Director Luke Graham. Jozsef Patarica is a mining executive with over 30 years’ experience developing projects in Australia and overseas successfully transitioning them into sustainable operations. Mr. Patarica holds a Bachelor of Engineering, Mechanical, from Curtin University, a Master of Business Administration, Technology Management, from La Trobe University, and a Diploma from the Australian Institute of Company Directors. As Chief Executive Officer of Grande Cote Operations for Mineral Deposits Limited, he led the ramp-up to nameplate capacity of the world-class mineral sands operation in Senegal, West Africa. This involved optimisation of the Mineral Resource, maximising the project’s economics. He also led the development of the Fosterville Gold Mine, the larger gold producer in Victoria, Australia. Jozsef has held numerous board positions throughout his career including TiZir Limited (United Kingdom), TiZir Titanium & Iron (Norway) and Bassari Resources Limited as Managing Director/CEO. Prior to joining Strandline, Jozsef was Chief Executive Officer of Gippsland Critical Minerals, focused on developing the Fingerboards Mineral Sands Project in East Gippsland, Victoria.Price Target Changed • Aug 17Price target decreased by 15% to AU$0.47Down from AU$0.56, the current price target is an average from 3 analysts. New target price is 170% above last closing price of AU$0.17. Stock is down 61% over the past year. The company is forecast to post a net loss per share of AU$0.011 next year compared to a net loss per share of AU$0.0079 last year.New Risk • Aug 08New 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: Minor Risks Shareholders have been diluted in the past year (16% increase in shares outstanding). Revenue is less than US$5m (AU$6.6m revenue, or US$4.3m).お知らせ • Aug 02Strandline Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 33.827994 million.Strandline Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 33.827994 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 187,933,300 Price\Range: AUD 0.18 Discount Per Security: AUD 0.009 Transaction Features: Subsequent Direct Listingお知らせ • Jul 25Strandline Resources Limited Appoints Jozsef Patarica as CEOStrandline Resources Limited announced the appointment of Jozsef Patarica as Chief Executive Officer, providing additional executive strength for Managing Director, Luke Graham. Mr. Patarica has a wealth of operational and executive experience in the resources industry, including the mineral sands sector. Mr. Patarica has extensive experience at senior operational and executive levels in Australia and Africa. He has successfully transitioned several projects through the development phase into sustainable operations. As Chief Executive Officer of Grande Cote Operations for Mineral Deposits Limited, he led the ramp up to nameplate capacity of the world-class mineral sands operation in Senegal, West Africa. This involved optimising the Mineral Resource and maximising the project's economics. Mr. Patarica also led the development of the Fosterville Gold Mine, now the largest gold producer in Victoria. The operation has recently passed a significant milestone producing 4Moz since the commencement of operations and employs over 800 people. Following Mr. Patarica's appointment, Mr. Graham will relinquish his role as CEO and remain Managing Director. ABOUT Jozsef Patarica: Jozsef is a mining executive with over 30 years' experience developing projects in Australia and overseas successfully transitioning them into sustainable operations. Mr. Patarica holds a Bachelor of Engineering, Mechanical, from Curtin University, a Master of Business Administration, Technology Management, from La Trobe University, and a Diploma from the Australian Institute of Company Directors. Jozsef was Chief Executive Officer of the Grande Cote Operations, a minerals sands producer in Senegal, West Africa for Mineral Deposits Limited and managed the development of the Fosterville Gold Mine, the largest gold producer in Victoria, Australia. Jozsef has held several board positions throughout his career including TiZir Limited (United Kingdom), TiZir Titanium & Iron (Norway) and Bassari Resources Limited as Managing Director where he was involved in the initial public offering and listing on the ASX. Jozsef is currently Chief Executive Officer of Gippsland Critical Minerals which is focused on developing the Fingerboards Mineral Sands Project in East Gippsland, Victoria.Price Target Changed • Jul 12Price target decreased by 22% to AU$0.61Down from AU$0.77, the current price target is an average from 3 analysts. New target price is 158% above last closing price of AU$0.23. Stock is down 23% over the past year. The company is forecast to post earnings per share of AU$0.00042 next year compared to a net loss per share of AU$0.0079 last year.Breakeven Date Change • Jun 30Forecast breakeven date pushed back to 2024The 3 analysts covering Strandline Resources previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of AU$53.7m in 2024. Average annual earnings growth of 109% is required to achieve expected profit on schedule.分析記事 • Jun 20Strandline Resources Limited (ASX:STA) Shares Could Be 39% Below Their Intrinsic Value EstimateKey Insights The projected fair value for Strandline Resources is AU$0.45 based on 2 Stage Free Cash Flow to Equity...分析記事 • Mar 17Does Strandline Resources (ASX:STA) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Recent Insider Transactions Derivative • Nov 26Independent Non-Executive Director exercised options to buy AU$460k worth of stock.On the 24th of November, Mark Hancock exercised options to buy 1m shares at a strike price of around AU$0.26, costing a total of AU$260k. As of today, Mark currently holds no shares directly. Company insiders have collectively sold AU$3.4k more than they bought, via options and on-market transactions in the last 12 months.分析記事 • Nov 18Strandline Resources Limited's (ASX:STA) CEO Will Probably Have Their Compensation Approved By ShareholdersIt would be hard to discount the role that CEO Luke Graham has played in delivering the impressive results at...Recent Insider Transactions Derivative • Oct 14Board Member exercised options and sold AU$168k worth of stockOn the 5th of October, Peter Watson exercised 1m options at a strike price of around AU$0.26 and sold these shares for an average price of AU$0.43 per share. This trade did not impact their existing holding. Since December 2021, Peter's direct individual holding has increased from 130.25k shares to 1.64m. Company insiders have collectively sold AU$263k more than they bought, via options and on-market transactions in the last 12 months.分析記事 • Sep 21Is Strandline Resources (ASX:STA) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Recent Insider Transactions • Sep 16MD, CEO & Director recently sold AU$544k worth of stockOn the 8th of September, Luke Graham sold around 1m shares on-market at roughly AU$0.50 per share. This transaction amounted to 7.8% 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 Luke's only on-market trade for the last 12 months.Buying Opportunity • Jul 27Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be AU$0.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Earnings per share has grown by 12%.お知らせ • Jul 21Strandline Resources Limited Advises Coburn Project Construction of WCP Advancing RapidlyStrandline Resources Limited advised that it is set to achieve first production and cashflow from its Coburn mineral sands project in Western Australia in the December quarter following rapid progress in the construction of the WCP and supporting infrastructure. Structural and mechanical construction of the WCP and power station is substantially complete, with priorities now shifting to installation of in-plant piping, electrical equipment and bore headworks in preparation for commencement of commissioning. Final construction of other critical supporting infrastructure, including water services, electrical reticulation, communications interconnections, and site offices and buildings, is also underway. Coburn WCP is designed to beneficiate heavy minerals (ilmenite, rutile, zircon and monazite) and reject the non-valuable, lighter minerals through multiple stages of high-capacity gravity separation and classification. Several shipments of the rich HMC produced from the WCP will be sold to market while construction of Mineral Separation Plant (MSP) is finalised. This strategy will accelerate project cashflow and further de-risk the overall project ramp-up. Once the MSP is ready, HMC will then be transported to the MSP for further processing to produce Coburn's premium-quality final products, including chloride ilmenite, rutile, premium zircon and zircon concentrate. Pre-stripping of open mining pits has commenced ahead of schedule and is planned to ramp up over the coming months. Three dozer mining units are assembled and ready to be moved into position and commissioned for mining first ore. Operations planning continues to accelerate, with key focus on assembling a highly skilled and diverse workforce and to finalise the development of operations and maintenance procedures and training packs. With Coburn construction reaching peak activity and personnel numbers on site, the Company continues to focus on managing the various risk factors associated with development of the project. This includes HSE risks, potential impacts of COVID-19, inclement weather, contractor performance and contractual claims. The capital expenditure (Capex) forecast to complete the project, including an assessment of contractual claims received to date, is regularly evaluated by the Company's technical, financial and legal experts. The project forecast remains in line with the overall Capex budget.お知らせ • Jul 01Strandline Resources Limited Announces the Resignation of Tom Eadie as Non-Executive DirectorStrandline Resources Limited announced that Tom Eadie has retired as a Non-executive Director, effective from 1 July 2022.お知らせ • Jun 29Strandline Resources Limited Announces Coburn Project Open Pit Mining to Start Two Months EarlyStrandline Resources Limited advised that rapid construction of its 100% owned Coburn mineral sands project in Western Australia has facilitated commencement of open pit mine development (starter pits) two months ahead of schedule. After successful early mobilisation of the mining contractor in April 2022, construction of the temporary tailings storage facility is almost finished, and pre-strip mining will commence from next week. Mine development will now run concurrently with finalising the construction of the processing and supporting infrastructure, which remains on-budget and on track for first production of HMC later this year. Detailed mine planning optimisation by AMC Consultants, using the latest infill drilling data, has resulted in an enhanced pit design for the first two years of the mine plan, which contains less overburden (lower strip ratio) and potentially reduced mining costs compared to assumptions contained within the Coburn DFS. The strip ratio has reduced from an average of 0.7 to 0.5 over the first two years of the mine plan, due primarily to optimising and scheduling more ore closer to surface on the eastern side of the deposit. The three dozer mining units have been delivered and assembled on site, ready to be moved into position for mining first ore later this year. Commissioning of the sub-systems associated with the wet concentration plant (WCP) and hybrid power station is expected to commence from next month (July 2022) as construction verification works ramps up. Strandline Managing Director Luke Graham said commencement of pre-strip mining represents another important milestone for the project, ensuring the company remains on track for first production of heavy mineral concentrate in the December quarter this year. With Coburn construction reaching peak activity and personnel numbers on site, the Company continues to focus on managing the various risk factors associated with development of the project. This includes HSE risks, potential impacts of COVID-19, inclement weather, contractor performance and contractual claims. The capital expenditure (Capex) forecast to complete the project, including an assessment of contractual claims received to date, is regularly evaluated by the Company's technical, financial and legal experts. The project forecast remains in line with the overall Capex budget.Buying Opportunity • Jun 20Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 27%. The fair value is estimated to be AU$0.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Earnings per share has grown by 12%.分析記事 • Jun 15A Look At The Intrinsic Value Of Strandline Resources Limited (ASX:STA)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Strandline Resources...お知らせ • Jun 07Strandline Resources Limited Announces Coburn Project Construction Progress Reaches 75% CompleteStrandline Resources Limited advised that construction of its 100% owned Coburn mineral sands project in Western Australia is now 75% complete. Coburn's construction remains in line with its timetable and capital budget, ensuring it is on track for first production of HMC later this year. The critical mineral markets for zircon, titanium, and monazite rare earths remains tight, underpinned by strong long-term demand drivers, such as global growth, urbanisation, rising living standards and an extensive array of applications, including global electrification and renewable energy. The market trend is towards supply deficit with a lack of new quality projects on the horizon. Strandline is exceptionally well positioned to capitalise on this supply shortfall, with 100% of Coburn's production covered by binding offtake agreements with some of world's consumers across Europe, America and Asia. Importantly, these contracts enable Strandline to take advantage of rising prices. Coburn construction continues to progress in accordance with the overall project plan, with strong progress achieved on critical path activities, including the wet concentration plant and supporting infrastructure. Key progress achieved to date includes: Zero lost time injury and medical treatment injury reported to date; Mining contractor established and construction of the temporary tailing storage facility well underway; Site assembly of the three dozer mining units is almost complete, ready for potential early commissioning; Construction of the hybrid power station is also advancing on-schedule, which includes the multi-work front installation of the 11MW solar farm, LNG storage and engine hall complexes; Construction of the processing plant structures and supporting infrastructure continues to advance rapidly, with all key fabricated materials and mechanical-electrical equipment delivered to site (or on route); Installation of sitewide overhead power lines, field piping and water bore installation are all well advanced; Construction of the site village is complete with all 272 rooms online, meeting workforce requirements; Commissioning planning, spares procurement and establishment of key operational systems, maintenance procedures, training and workforce plans is continuing to ramp up; Key focus is on local recruitment, workforce diversity and indigenous engagement. As Coburn approaches peak activity and manning on site, the Company continues to focus on managing the various risk factors associated with development of the project. This includes, but not limited to, HSE risks, potential impacts of COVID-19, inclement weather, contractor performance and contractual claims. The capital expenditure (Capex) forecast to complete the project, including an assessment of contractual claims received to date, is regularly evaluated by the Company's technical, financial and legal experts. The project forecast remains in line with the overall Capex budget.お知らせ • Apr 14Strandline Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 50 million.Strandline Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 50 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 116,279,070 Price\Range: AUD 0.43 Discount Per Security: AUD 0.0215 Transaction Features: Subsequent Direct Listingお知らせ • Apr 04Strandline Resources Limited Initiates A Scoping Study on the Potential to Increase the Planned Production Rate by Up to 50% At Coburn Minerals Sands Project in WAStrandline Resources Limited advised that it has initiated a scoping study on the potential to increase the planned production rate by up to 50% at its 100%-owned Coburn minerals sands project in WA. The production increase would be aimed at enabling Coburn to capitalise further on its world-class resource, long mine life, high mineral sands prices and strong demand for offtake among leading customers in the US, Europe and China. Any expansion is expected to be funded out of future Coburn cashflow and leverage significantly off Coburn's infrastructure (currently being constructed), especially the inherent design capacity within the processing plant circuitry. Preliminary investigations highlight the potential compelling capital and operating cost efficiencies of scaling-up the project, further enhancing Coburn's already strong competitive position. Construction at Coburn is 65% complete and the project is on-budget and on-schedule, with first production of heavy mineral concentrate (HMC) set for the December quarter, 2022. Coburn will produce critical minerals of zircon, titanium (rutile and ilmenite) and monazite mineral (rare earths). Coburn has an initial mine life of 22.5 years based on the current JORC-compliant Ore Reserves, with the potential to extend this beyond 2060 (40 years) by converting Mineral Resources which exist adjacent and immediately north and along strike of the existing Ore Reserves. In May-2021 Strandline made a Final Investment Decision (FID) to proceed with the full development of its world-scale Coburn mineral sands project, located in the Gascoyne region of Western Australia. The construction schedule has first production of HMC planned for the December quarter of 2022. The Coburn project is set to capitalise on its robust margins, the strengthening minerals sands commodity pricing outlook, its tier-1 location, and the growing demand for critical minerals. The Coburn mine life currently sees mining continue until 2045 (based on mining the initial 22.5-year JORC compliant Ore Reserves), with the potential to extend to beyond 2060 (40 years mine life) by converting Mineral Resources which exist adjacent immediately north and along strike of existing Ore Reserves. The FID was supported by the updated Definitive Feasibility Study (DFS), released in mid-2020, which confirmed robust economics for the project over an initial 22.5-year life.お知らせ • Apr 01Strandline Resources Limited Announces Coburn Project Construction Progress Reaches 65% CompletionStrandline Resources Limited advised that construction of its 100%-owned Coburn mineral sands project in Western Australia continues to progress in line with its timetable and capital budget, ensuring it remains on track for first production of HMC later this year. Overall project progress is now 65% complete with the priority transitioning to construction of the wet concentration plant (WCP) and supporting process and power infrastructure, which are well underway. Key progress achieved to date includes: Zero lost time injury (LTI) and medical treatment injury (MTI) reported to date; Early mobilisation of the mining contractor and mining equipment is currently underway, along with construction of site offices, buildings and workshops for operations; Site-wide bulk earthworks and roads are almost completed, with focus shifting to the North West Coastal Highway intersection, bitumen sealing, punch listing and progressive handover; Vertical construction of the processing plant structures is advancing rapidly, with concrete installation 90% complete; key steel and platework fabrication is complete, assembly of WCP spiral modules underway, with progressive deliveries of mechanical-electrical equipment and materials; Fabrication and supply of three dozer mining units is almost completed, with factory testing and delivery of units to site expected on-schedule in May 2022; Installation of sitewide overhead power lines, HDPE field piping and water bore installation are all progressing in accordance with the plan; All site accommodation rooms and key support facilities now commissioned (272 rooms in total) ahead of construction workforce approaching peak level; current site headcount of approx. 250; Construction of the hybrid power station is also advancing on-schedule, which includes the multi-work front installation of the 10MW solar farm, LNG storage and engine hall complexes; Commissioning planning and establishment of key operational systems, maintenance procedures and workforce plans is ramping up, with a key focus on local recruitment, workforce diversity and indigenous engagement opportunities. As Coburn approaches peak activity and manning on site, the Company continues to focus on managing the various risk factors associated with development of the project. This includes, but not limited to, HSE risks, potential impacts of COVID-19, inclement weather, contractor performance and contractual claims. The capital expenditure (Capex) forecast to complete the project, including an assessment of contractual claims received to date, is regularly evaluated by the Company's technical, financial and legal experts. The project forecast remains within the overall Capex budget.お知らせ • Mar 28Strandline Resources Limited Announces Assessing Benefits of Significantly Higher Mineral Sands Prices as Tanzanian Offtake Discussions Ramp UpStrandline Resources Limited announced that it is ramping up preparations for development of its Fungoni mineral sands project, in Tanzania. The decision to initiate several key activities follows the formation of the joint venture company, Nyati Mineral Sands Limited ("Nyati"), which will hold all Strandline's Tanzanian mineral sands assets, including but not limited to the advanced Fungoni and Tajiri projects. Since signing the pivotal joint venture Framework Agreement (FWA) between Strandline and the Government of the Republic of Tanzania (GoT) in December 2021, Strandline has worked with local government authorities and project stakeholders to achieve the Fungoni project "cut-off" approval for the land access process. This key endorsement highlights the continued strong support for the development of Fungoni. In parallel, the Company has started updating the Fungoni project financial evaluation (previously released in October 2018 as part of the Fungoni DFS). This review will incorporate the latest financial information on the project, including updated mineral sands price forecasts, which have increased substantially in recent years. Strandline previously announced that it signed a USD 26 million Project Finance Facility Agreement with Nedbank CIB for the development of Fungoni, accounting for a significant portion of Fungoni's USD 35 million capital requirement (excluding financing and corporate costs). The Nedbank facility is also under review and will be subject to updating due diligence and credit approvals.Price Target Changed • Mar 22Price target increased to AU$0.71Up from AU$0.61, the current price target is an average from 2 analysts. New target price is 80% above last closing price of AU$0.40. Stock is up 41% over the past year. The company is forecast to post a net loss per share of AU$0.0055 next year compared to a net loss per share of AU$0.02 last year.お知らせ • Jan 18Strandline Resources Limited Announces Coburn Project Construction Progress Reaches 50% CompleteStrandline Resources Limited announced that construction of its 100%-owned Coburn mineral sands project in Western Australia continues to progress in line with its timetable and capital budget, ensuring it remains on track for first production of HMC later this year. Detailed engineering design is largely complete across the project, procurement of materials and equipment are advancing strongly, and all major construction contractors have now mobilised to site, with the latest being the power station and overhead powerline contractors. The overall project progress has reached 50% complete, remaining on-track to achieve first production of heavy HMC in the December quarter, 2022. The company is firmly focused on managing the various risk factors associated with development, including proactively managing HSE risks, contractor performance and the potential impacts of COVID-19.分析記事 • Jan 17Estimating The Fair Value Of Strandline Resources Limited (ASX:STA)How far off is Strandline Resources Limited ( ASX:STA ) from its intrinsic value? Using the most recent financial data...お知らせ • Nov 22Strandline Resources Limited Announces Update on Production At Coburn Mineral Sands Project in Western AustraliaStrandline Resources Limited announced another important step in its preparations for production at the Coburn mineral sands project in Western Australia, executing a longterm haulage and logistics services agreement with Qube Bulk Pty Ltd. Qube's scope comprises a turnkey logistics solution from minetoship, including operating the haulage fleet, product storage facilities at Geraldton and coordinating ship loading activities. Qube's services include: Load product at Coburn mine site into Qubeowned triple road trains on a continuous 247 basis; Transport of ilmenite and zircon concentrate products to Qube's existing Berth 4 storage facility at the Port of Geraldton ready for direct loading to ship; Transport of zircon and rutile products to purposebuilt storage facility at Narngulu, ready for campaign loading at Berth 4, Port of Geraldton; Coordinate product deliveries for ship loading at the port to meet Strandline's customer requirements. The terms of the contract are in accordance with the production plan, logistics requirements and overall operating cost assumptions contained in the Coburn DFS, released in June 2020. Appointment of Qube follows the previously announced 10year port access and services agreement with the Mid West Ports Authority, which operates the Port of Geraldton in WA. Qube is now preparing its Narngulu storage facility and existing Berth 4 port storage facility and trucking fleet ready for first cargo later next year. With the construction progress achieved to date at Coburn, Strandline remains on track to achieve first production of heavy mineral concentrate in the December quarter, 2022.お知らせ • Sep 29Strandline Resources Limited Announces Coburn Project Infill Drilling ResultsStrandline Resources Limited announced strong assay results of resource infill drilling undertaken on the northern section of the Amy South Mineral Resource at its 100% owned Coburn mineral sands project in Western Australia. The drill program was successful in identifying broad zones of continuous mineralisation, confirming the integrity of the geological model and delineating shallow highergrade mineralisation in areas within and beyond the current mine plan. The Company is now finalising analysis of the mineral assemblage infill data, which is expected to be consistent with the existing Coburn Amy South data, averaging a highvalue mineral assemblage of 23% zircon, 11% combined rutileleucoxene and 47% chloridegrade ilmenite. The new drill data will be used to upgrade the classification of Mineral Resources from Indicated to Measured category with a high conversion rate expected for the areas drilled. An updated geological model will pave the way for an updated Ore Reserve and enhanced mine plan for the early years of production. The current JORCcompliant Mineral Resource at Coburn stands at 1,606 million tonnes, grading 1.2% THM and containing 19.6Mt of heavy mineral, with 4.3Mt of contained zircon and 1.4Mt of rutile. The pan shows obvious black accumulations of heavy mineral with quartz forming the rest of the pan. The globally significant Coburn mineral sand project is situated in the Gascoyne region of Western Australia some 250km from the port of Geraldton. The Company has secured full project funding and commenced development activities on site with civil bulk earthworks well underway. This air core drilling program was completed in Mar2021 with a total of 446 holes for 20,078m across the northern areas within the Amy South Mineral Resource and Ore Reserve (primarily within mining licence M09/102). The infill drilling targeted the first 2 to 3 years of the Coburn mine plan which was developed during the definitive feasibility study (DFS). The results will be used to upgrade and optimise the mine plan prior to commencement of mining next year.分析記事 • Sep 18Is Strandline Resources Limited (ASX:STA) Trading At A 31% Discount?Today we will run through one way of estimating the intrinsic value of Strandline Resources Limited ( ASX:STA ) by...Price Target Changed • Sep 17Price target increased to AU$0.60Up from AU$0.54, the current price target is an average from 2 analysts. New target price is 181% above last closing price of AU$0.21.お知らせ • Jun 01Strandline Resources Limited Announces Construction Activity on Its 100%-Owned Coburn Mineral Sands Project in WA Is Gaining MomentumStrandline Resources Limited announced that construction activity on its 100%-owned Coburn mineral sands project in WA is gaining momentum. Early works packages are ramping up on site, including the construction of the first stage workers camp, main access road and bulk earthworks clearing activities, as well as commissioning of the first production bore, mongst other activities. Detailed design and equipment procurement is also progressing as planned, including the early manufacturing of long lead items such as processing plant spirals required for the Wet Concentration Plant and in-pit dozer mining units. The strong early progress on site comes as Deputy Premier of Western Australia Roger Cook ratifies the AUID 150 million loan facility provided by the Northern Australian Infrastructure Facility (NAIF). Coburn is fully funded through to production by a combination of debt provided by NAIF and a USD 60 million Bond Issue, together with the strong cash position of the Company. Reaching contractual close of the NAIF facility, with WA State sign-off, means Strandline is on schedule for first drawdown of the debt facilities later this year. Strandline Managing Director Luke Graham said the support shown by the WA Government is hugely appreciated and provides another important endorsement of the Coburn mineral sands project. Coburn is 100%-owned by Strandline.Price Target Changed • May 07Price target increased to AU$0.55Up from AU$0.49, the current price target is an average from 2 analysts. New target price is 156% above last closing price of AU$0.21. Stock is up 65% over the past year.分析記事 • Mar 16Companies Like Strandline Resources (ASX:STA) Are In A Position To Invest In GrowthWe can readily understand why investors are attracted to unprofitable companies. For example, Strandline Resources...お知らせ • Mar 04Strandline Resources Signs Final Binding Offtake AgreementStrandline Resources announced that signing final binding offtake agreement for its Coburn project in WA. The agreement covers 100% of the rutile to be produced at Coburn and is expected to generate approximately 17%-20% of Coburn's forecast revenue over five years. The agreement is with Venator Materials (Venator). The Agreement is subject to conditions precedent regarding the development of the Project and conditions subsequent regarding the supply of rutile to the quality requirements. With the previously announced offtake contracts, Strandline now has +90% of Coburn's forecast revenue secured via long-term binding offtake contracts. Together, the offtake contracts have a forecast combined value of $600 million (AUD 850 million at AUD: USD 0.70) over five years, based on the pricing structures contained in the agreements and commodity price forecast assumptions contained in the Coburn updated DFS. Coburn's rutile specification has been confirmed as suitable for production of TiO2 pigment (the market for high grade titanium feedstocks), commonly used in the formulation of paints, coatings, inks, ceramics, paper and plastic production and other industrial applications. The rutile agreement follows the investment decision by the Northern Australia Infrastructure Facility (NAIF) to provide a AUD 150 million loan facility, as well as the appointment of a series of major execution contracts for development of the Coburn project. The NAIF facility accounts for a major share of Coburn's capital requirement of AUD 260 million (excluding financing costs).Is New 90 Day High Low • Mar 03New 90-day high: AU$0.23The company is up 2.0% from its price of AU$0.23 on 03 December 2020. The Australian market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$0.21 per share.分析記事 • Feb 16How Much is Strandline Resources' (ASX:STA) CEO Getting Paid?This article will reflect on the compensation paid to Luke Graham who has served as CEO of Strandline Resources Limited...分析記事 • Jan 19Strandline Resources Limited (ASX:STA) Is Expected To Breakeven In The Near FutureWith the business potentially at an important milestone, we thought we'd take a closer look at Strandline Resources...分析記事 • Dec 20Calculating The Fair Value Of Strandline Resources Limited (ASX:STA)Does the December share price for Strandline Resources Limited ( ASX:STA ) reflect what it's really worth? Today, we...分析記事 • Nov 23Is Strandline Resources (ASX:STA) In A Good Position To Invest In Growth?We can readily understand why investors are attracted to unprofitable companies. By way of example, Strandline...お知らせ • Nov 16Strandline Secures Port Access for Export of Coburn's Mineral Sands ProductsStrandline Resources announced further progress in its strategy to develop the Coburn mineral sands project in Western Australia, with the execution of a port access and services agreement with Mid West Ports Authority (MWPA) for the export of Coburn's products at the Port of Geraldton. The Agreement allows Strandline to export ~230,000 tonnes per annum of mineral sands product, including heavy mineral concentrate, premium zircon (finished), zircon concentrate, chloride grade ilmenite and rutile products. MWPA is the operator and manager of the Port of Geraldton facilities and has had experience handling similar mineral sands products through the port for many years. Under the Agreement, MWPA will provide access to the port facilities and manage the loading of Coburn's mineral sands product into vessels on a campaign basis. The initial term of the Agreement is for 10 years. The Agreement is subject to customary conditions precedent for a port services agreement of this nature, as well as Strandline making a final investment decision relating to the development of Coburn. Earlier this year, Strandline announced the completion of major binding offtake contracts with some of the world's leading consumers across Europe, America and China. The offtake agreements cover ~72% of Coburn's forecast revenue with the remaining high value products of rutile and premium zircon retained to sell in the spot market. Since then, Strandline and Coburn's majority lender, the Northern Australia Infrastructure Fund (NAIF), have made substantial progress towards completion of loan facility documentation and satisfaction of customary conditions precedent to drawdown. Strandline is now moving rapidly to finalise the balance of Coburn's funding requirement, which is expected to comprise a combination of commercial debt (alongside the NAIF AUD 150 million tranche) and equity financing.お知らせ • Oct 08Strandline Resources Limited Announces Positive Results of the Engineering Scoping Study on its Tajiri Mineral Sands Project in TanzaniaStrandline Resources announced the positive results of the Engineering Scoping Study on its Tajiri mineral sands project in Tanzania. Strandline Managing Director Luke Graham said the Scoping Study confirms the technical and economic strength of Tajiri. In light of the Study's strong findings, Strandline will continue to advance project permitting and development approvals. The company will also review strategic partnership options to assist with the next phase of project development and evaluate external funding options including strategic joint venture interest. coping study cautionary statement: The Tajiri project Scoping Study is a preliminary technical and economic study of the potential viability of developing the project's mine and associated infrastructure. The Scoping Study is based on lower level technical and preliminary economic assessments and is insufficient to support estimation of Ore Reserves or to provide assurance of an economic development case at this stage, or certainty that the conclusions of the Scoping Study will be realised. Approximately 90% of the total Mineral Resources for the Tajiri Project and approximately 91% of the total ore scheduled for mining in the Scoping Study for the 23.4 years is underpinned by Measured and Indicated Resources. Approximately 10% of the total Resources for the Tajiri Project and approximately 9% of the total ore scheduled for mining in the Scoping Study for the 23.4 years is underpinned by Inferred Resources in the remaining 2 years. There is a lower level of geological confidence associated with Inferred Resources and there is no certainty that further exploration work will result in the determination of further Measured or Indicated Mineral Resources or that the Production Target or preliminary economic assessment will be realised. The Scoping Study is based on the material assumptions outlined elsewhere in this announcement. While the Company considers all the material assumptions to be based on reasonable grounds, there is no certainty that they will prove to be correct or that the range of outcomes indicated by the Scoping Study will be achieved. To achieve the potential mine development outcomes indicated in the Scoping Study, initial funding in the order of USD 125 million will likely be required. Investors should note that there is no certainty that the Company will be able to raise funding when needed, however the Company has concluded it has a reasonable basis for providing the forward-looking statements included in this announcement and believes that it has a "reasonable basis" to expect it will be able to fund the development of the Project. It is also possible that such funding may only be available on terms that may be dilutive to, or otherwise affect the value of the Company's existing shares. It is also possible that the Company could pursue other strategies to provide alternative funding options including project finance. Given the uncertainties involved, investors should not make any investment decisions based solely on the results of the Scoping Study.Reported Earnings • Sep 25Full year earnings released - AU$0.021 loss per shareOver the last 12 months the company has reported total losses of AU$8.14m, with losses widening by 16% from the prior year.Reported Earnings • Sep 24Earnings releasedOver the last 12 months the company has reported total losses of AU$7.35m, with losses widening by 17% from the prior year.業績と収益の成長予測ASX:STA - 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6/30/202622957707526/30/202522850667026/30/20241596-41-1426/30/202361-1144N/A3/31/202334-1400N/A12/31/20227-16-4-4N/A9/30/20223-12-5-5N/A6/30/2022N/A-9-6-6N/A3/31/20220-9-6-6N/A12/31/20210-9-6-6N/A9/30/20210-11-8-8N/A6/30/20210-13-10-10N/A3/31/20210-11-10-10N/A12/31/20200-10-9-9N/A9/30/20200-9-8-8N/A6/30/20200-8-7-7N/A3/31/20200-8-7-7N/A12/31/20190-7-7-7N/A9/30/20190-7-7-7N/A6/30/20190-7-7-7N/A3/31/20190-7-6-6N/A12/31/20180-6-5-5N/A9/30/20180-5-4-4N/A6/30/20180-5-3-3N/A3/31/20180-5-3-3N/A12/31/20170-5-4-4N/A9/30/20170-5-5-5N/A6/30/20170-5-6-6N/A3/31/20170-5N/A-5N/A12/31/20160-5N/A-4N/A9/30/20160-4N/A-3N/A6/30/20160-3N/A-3N/A3/31/20160-13N/A-2N/A12/31/20150-23N/A-2N/A9/30/20150-22N/A-2N/A6/30/20150-22N/A-1N/A3/31/20150-12N/A-1N/A12/31/20140-1N/A-1N/A9/30/20140-1N/A-1N/A6/30/20140-1N/A-1N/A3/31/20140-4N/A-1N/A12/31/20130-8N/A-1N/A9/30/20130-8N/A-1N/A6/30/20130-8N/A-1N/A3/31/20130-5N/A-2N/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: STAは今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 2.1% ) よりも高い成長率であると考えられます。収益対市場: STA今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: STA今後 3 年以内に収益を上げることが予想されます。収益対市場: STAの収益 ( 18.6% ) Australian市場 ( 6.2% ) 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: STAの収益 ( 18.6% ) 20%よりも低い成長が予測されています。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: STAの 自己資本利益率 は、3年後には低くなると予測されています ( 18.9 %)。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2024/01/22 13:48終値2023/10/26 00:00収益2023/06/30年間収益2023/06/30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Strandline Resources Limited 2 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。3 アナリスト機関Mat CollingsCGS InternationalJulian EmeryEdison Investment ResearchTom SartorMorgans Financial Limited
Price Target Changed • Aug 17Price target decreased by 15% to AU$0.47Down from AU$0.56, the current price target is an average from 3 analysts. New target price is 170% above last closing price of AU$0.17. Stock is down 61% over the past year. The company is forecast to post a net loss per share of AU$0.011 next year compared to a net loss per share of AU$0.0079 last year.
Price Target Changed • Jul 12Price target decreased by 22% to AU$0.61Down from AU$0.77, the current price target is an average from 3 analysts. New target price is 158% above last closing price of AU$0.23. Stock is down 23% over the past year. The company is forecast to post earnings per share of AU$0.00042 next year compared to a net loss per share of AU$0.0079 last year.
Breakeven Date Change • Jun 30Forecast breakeven date pushed back to 2024The 3 analysts covering Strandline Resources previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of AU$53.7m in 2024. Average annual earnings growth of 109% is required to achieve expected profit on schedule.
Price Target Changed • Mar 22Price target increased to AU$0.71Up from AU$0.61, the current price target is an average from 2 analysts. New target price is 80% above last closing price of AU$0.40. Stock is up 41% over the past year. The company is forecast to post a net loss per share of AU$0.0055 next year compared to a net loss per share of AU$0.02 last year.
Price Target Changed • Sep 17Price target increased to AU$0.60Up from AU$0.54, the current price target is an average from 2 analysts. New target price is 181% above last closing price of AU$0.21.
Price Target Changed • May 07Price target increased to AU$0.55Up from AU$0.49, the current price target is an average from 2 analysts. New target price is 156% above last closing price of AU$0.21. Stock is up 65% over the past year.
お知らせ • Oct 08Strandline Resources Limited, Annual General Meeting, Nov 28, 2024Strandline Resources Limited, Annual General Meeting, Nov 28, 2024.
お知らせ • Aug 09Ganzhou Chenguang Rare Earths New Material Co., Ltd. acquired Strandline Resources Uk Limited from Strandline Resources Limited (ASX:STA) for AUD 43 million.Ganzhou Chenguang Rare Earths New Material Co., Ltd. signed a share purchase agreement to acquire Strandline Resources Uk Limited from Strandline Resources Limited (ASX:STA) for AUD 43 million on May 20, 2024. The transaction also includes the acquisition of Tanzanian mineral sands projects. As part of consideration, Ganzhou Chenguang will pay AUD 27.2 million in cash and AUD 15.8 million for the assignment of the inter-company loans, Strandline has provided to fund its Tanzanian Projects. As of December 31, 2023, Strandline Resources Uk reported a total asset of AUD 15.5 million, net assets of AUD 1.8 million and net loss of AUD 0.27 million. The proceeds from the transaction will be used to repay existing super senior indebtedness and for working capital. The completion is subject to obtaining all necessary regulatory and government approvals, including Tanzanian and Chinese government approvals and there being no material adverse change, including a material breach of a warranty provided by Strandline or the licenses for its Tanzanian projects being revoked. Ganzhou Chenguang Rare Earths New Material Co., Ltd. completed the acquisition of Strandline Resources Uk Limited from Strandline Resources Limited (ASX:STA) on August 8, 2024. The consideration will be used to repay the AUD 35 million super senior debt facilities along with accrued interest and fees.
お知らせ • Nov 24Strandline Resources Limited Announces Executive and Management Team ChangesStrandline Resources Limited provides an update on changes to its executive and management team and commissioning activities at the Coburn Mineral Sands Project. EXECUTIVE AND MANAGEMENT CHANGES: Belinda Murray appointed as Chief Operating Officer. Belinda is an experienced executive with over 20 years in the resources industry. Belinda previously spent 12 years with the BGC Group in various leadership roles and played an integral role in overseeing the company's growth. She has held a broad range of responsibilities including various aspects of mining operations, commercial, safety, governance, culture and sustainability. Belinda has been Strandline's Head of Commercial & Strategic Development since November 2022. Ian Hind appointed as the new General Manager Marketing and Logistics. Ian has extensive mineral sands marketing and logistic experience having spent 13 years with Iluka Resources Limited in a variety of international marketing and logistics roles. Ian has also spent three years as the Business Development Manager at Mid West Ports Authority which is responsible for administering the operation of the port of Geraldton from where Strandline exports its products. John Francisco appointed as the new General Manager of Coburn Operations. John has held a number of development and operational roles in various mining operations both in Australia and overseas and brings a wealth of experience to the team. John worked closely with Jozsef Patarica on the ramp up to nameplate throughput rates of the Grande Cote Mineral Sands Operations in Senegal, West Africa. He has led project teams through design, construction, commissioning and into sustainable operations. He was Operations Manager at the Wahgnion Gold Mine in Burkina Faso and General manager at the Kipoi Copper Mine in the DRC. Michael Ingram appointed as Technical Manager. Michael is a Geologist with 30 years in technical management roles within the mineral sands and industrial minerals industries. His experience includes 10 years in consulting firms performing engineering and project management roles on projects for Iluka Resources and Tiwest/Tronox both in Australia and overseas. Michael has been Strandline's Senior Project/Studies Manager since March 2023. Additional to changes in executive and management significant technical and operational support has been engaged to assist with the ramp up and commissioning of Coburn. The following mineral sands specialist consultants, who have previously worked with Jozsef Patarica, have been engaged: Mr. John Bunter who has more than 50 years mineral sands experience having been involved with Allied Eneabba Limited, Sierra Rutile Limited, RGC Minerals Sands /Iluka Resources Limited (Narngulu & Eneabba), Ticor South Africa Pty Ltd, and Grande Cote Mineral Sands Operations in West Africa, Senegal. John has held a number of management roles with responsibility for operations, commissioning and design of many mineral sand's projects globally. He was also the Managing Director of Allied Mineral Laboratories for five years where he oversaw several test work programs as well as design, build and operation of physical separation test facilities including one with the University of Sierra Leone. Mr. Anthony Hegarty is a mining professional with more than 35 years mineral sands experience having been involved with Iluka Resources Limited (Eneabba), Sierra Rutile Limited, Kenmare Resources PLC in Mozambique, Tiwest Pty Ltd. (Cooljarloo Mine, Cataby) and Grande Cote Mineral Sands Operations in Senegal and reported directly to the in-country CEO. He has held a number of management roles responsible for mining, processing and overall operations. The Company also advises that Flavio Garofalo has resigned as Company Secretary of the Company and its subsidiaries to pursue other interests. Jamie Cann, will continue in the role of Company Secretary for Strandline and its subsidiaries.
お知らせ • Nov 23+ 1 more updateStrandline Resources Limited Announces CFO ChangesStrandline Resources Limited also advises that Flavio Garofalo has resigned as Chief Financial Officer of the Company and its subsidiaries to pursue other interests. The Board would like to thank Mr. Garofalo for the valuable contribution he has made to the Company and wish him well in his future endeavours. Strandline's Senior Financial Controller, Ms Jenelle Goddard has been appointed as Interim Chief Financial Officer.
お知らせ • Oct 06Strandline Resources Limited, Annual General Meeting, Nov 23, 2023Strandline Resources Limited, Annual General Meeting, Nov 23, 2023, at 14:30 W. Australia Standard Time.
お知らせ • Sep 25Strandline Resources Limited Announces Executive ChangesStrandline Resources Limited announced that highly regarded senior mining executive Jozsef Patarica has been appointed Managing Director. The appointment of Mr. Patarica, who was appointed Strandline’s Chief Executive Officer in July 2023, follows the resignation of Managing Director Luke Graham. Jozsef Patarica is a mining executive with over 30 years’ experience developing projects in Australia and overseas successfully transitioning them into sustainable operations. Mr. Patarica holds a Bachelor of Engineering, Mechanical, from Curtin University, a Master of Business Administration, Technology Management, from La Trobe University, and a Diploma from the Australian Institute of Company Directors. As Chief Executive Officer of Grande Cote Operations for Mineral Deposits Limited, he led the ramp-up to nameplate capacity of the world-class mineral sands operation in Senegal, West Africa. This involved optimisation of the Mineral Resource, maximising the project’s economics. He also led the development of the Fosterville Gold Mine, the larger gold producer in Victoria, Australia. Jozsef has held numerous board positions throughout his career including TiZir Limited (United Kingdom), TiZir Titanium & Iron (Norway) and Bassari Resources Limited as Managing Director/CEO. Prior to joining Strandline, Jozsef was Chief Executive Officer of Gippsland Critical Minerals, focused on developing the Fingerboards Mineral Sands Project in East Gippsland, Victoria.
Price Target Changed • Aug 17Price target decreased by 15% to AU$0.47Down from AU$0.56, the current price target is an average from 3 analysts. New target price is 170% above last closing price of AU$0.17. Stock is down 61% over the past year. The company is forecast to post a net loss per share of AU$0.011 next year compared to a net loss per share of AU$0.0079 last year.
New Risk • Aug 08New 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: Minor Risks Shareholders have been diluted in the past year (16% increase in shares outstanding). Revenue is less than US$5m (AU$6.6m revenue, or US$4.3m).
お知らせ • Aug 02Strandline Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 33.827994 million.Strandline Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 33.827994 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 187,933,300 Price\Range: AUD 0.18 Discount Per Security: AUD 0.009 Transaction Features: Subsequent Direct Listing
お知らせ • Jul 25Strandline Resources Limited Appoints Jozsef Patarica as CEOStrandline Resources Limited announced the appointment of Jozsef Patarica as Chief Executive Officer, providing additional executive strength for Managing Director, Luke Graham. Mr. Patarica has a wealth of operational and executive experience in the resources industry, including the mineral sands sector. Mr. Patarica has extensive experience at senior operational and executive levels in Australia and Africa. He has successfully transitioned several projects through the development phase into sustainable operations. As Chief Executive Officer of Grande Cote Operations for Mineral Deposits Limited, he led the ramp up to nameplate capacity of the world-class mineral sands operation in Senegal, West Africa. This involved optimising the Mineral Resource and maximising the project's economics. Mr. Patarica also led the development of the Fosterville Gold Mine, now the largest gold producer in Victoria. The operation has recently passed a significant milestone producing 4Moz since the commencement of operations and employs over 800 people. Following Mr. Patarica's appointment, Mr. Graham will relinquish his role as CEO and remain Managing Director. ABOUT Jozsef Patarica: Jozsef is a mining executive with over 30 years' experience developing projects in Australia and overseas successfully transitioning them into sustainable operations. Mr. Patarica holds a Bachelor of Engineering, Mechanical, from Curtin University, a Master of Business Administration, Technology Management, from La Trobe University, and a Diploma from the Australian Institute of Company Directors. Jozsef was Chief Executive Officer of the Grande Cote Operations, a minerals sands producer in Senegal, West Africa for Mineral Deposits Limited and managed the development of the Fosterville Gold Mine, the largest gold producer in Victoria, Australia. Jozsef has held several board positions throughout his career including TiZir Limited (United Kingdom), TiZir Titanium & Iron (Norway) and Bassari Resources Limited as Managing Director where he was involved in the initial public offering and listing on the ASX. Jozsef is currently Chief Executive Officer of Gippsland Critical Minerals which is focused on developing the Fingerboards Mineral Sands Project in East Gippsland, Victoria.
Price Target Changed • Jul 12Price target decreased by 22% to AU$0.61Down from AU$0.77, the current price target is an average from 3 analysts. New target price is 158% above last closing price of AU$0.23. Stock is down 23% over the past year. The company is forecast to post earnings per share of AU$0.00042 next year compared to a net loss per share of AU$0.0079 last year.
Breakeven Date Change • Jun 30Forecast breakeven date pushed back to 2024The 3 analysts covering Strandline Resources previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of AU$53.7m in 2024. Average annual earnings growth of 109% is required to achieve expected profit on schedule.
分析記事 • Jun 20Strandline Resources Limited (ASX:STA) Shares Could Be 39% Below Their Intrinsic Value EstimateKey Insights The projected fair value for Strandline Resources is AU$0.45 based on 2 Stage Free Cash Flow to Equity...
分析記事 • Mar 17Does Strandline Resources (ASX:STA) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Recent Insider Transactions Derivative • Nov 26Independent Non-Executive Director exercised options to buy AU$460k worth of stock.On the 24th of November, Mark Hancock exercised options to buy 1m shares at a strike price of around AU$0.26, costing a total of AU$260k. As of today, Mark currently holds no shares directly. Company insiders have collectively sold AU$3.4k more than they bought, via options and on-market transactions in the last 12 months.
分析記事 • Nov 18Strandline Resources Limited's (ASX:STA) CEO Will Probably Have Their Compensation Approved By ShareholdersIt would be hard to discount the role that CEO Luke Graham has played in delivering the impressive results at...
Recent Insider Transactions Derivative • Oct 14Board Member exercised options and sold AU$168k worth of stockOn the 5th of October, Peter Watson exercised 1m options at a strike price of around AU$0.26 and sold these shares for an average price of AU$0.43 per share. This trade did not impact their existing holding. Since December 2021, Peter's direct individual holding has increased from 130.25k shares to 1.64m. Company insiders have collectively sold AU$263k more than they bought, via options and on-market transactions in the last 12 months.
分析記事 • Sep 21Is Strandline Resources (ASX:STA) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Recent Insider Transactions • Sep 16MD, CEO & Director recently sold AU$544k worth of stockOn the 8th of September, Luke Graham sold around 1m shares on-market at roughly AU$0.50 per share. This transaction amounted to 7.8% 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 Luke's only on-market trade for the last 12 months.
Buying Opportunity • Jul 27Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be AU$0.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Earnings per share has grown by 12%.
お知らせ • Jul 21Strandline Resources Limited Advises Coburn Project Construction of WCP Advancing RapidlyStrandline Resources Limited advised that it is set to achieve first production and cashflow from its Coburn mineral sands project in Western Australia in the December quarter following rapid progress in the construction of the WCP and supporting infrastructure. Structural and mechanical construction of the WCP and power station is substantially complete, with priorities now shifting to installation of in-plant piping, electrical equipment and bore headworks in preparation for commencement of commissioning. Final construction of other critical supporting infrastructure, including water services, electrical reticulation, communications interconnections, and site offices and buildings, is also underway. Coburn WCP is designed to beneficiate heavy minerals (ilmenite, rutile, zircon and monazite) and reject the non-valuable, lighter minerals through multiple stages of high-capacity gravity separation and classification. Several shipments of the rich HMC produced from the WCP will be sold to market while construction of Mineral Separation Plant (MSP) is finalised. This strategy will accelerate project cashflow and further de-risk the overall project ramp-up. Once the MSP is ready, HMC will then be transported to the MSP for further processing to produce Coburn's premium-quality final products, including chloride ilmenite, rutile, premium zircon and zircon concentrate. Pre-stripping of open mining pits has commenced ahead of schedule and is planned to ramp up over the coming months. Three dozer mining units are assembled and ready to be moved into position and commissioned for mining first ore. Operations planning continues to accelerate, with key focus on assembling a highly skilled and diverse workforce and to finalise the development of operations and maintenance procedures and training packs. With Coburn construction reaching peak activity and personnel numbers on site, the Company continues to focus on managing the various risk factors associated with development of the project. This includes HSE risks, potential impacts of COVID-19, inclement weather, contractor performance and contractual claims. The capital expenditure (Capex) forecast to complete the project, including an assessment of contractual claims received to date, is regularly evaluated by the Company's technical, financial and legal experts. The project forecast remains in line with the overall Capex budget.
お知らせ • Jul 01Strandline Resources Limited Announces the Resignation of Tom Eadie as Non-Executive DirectorStrandline Resources Limited announced that Tom Eadie has retired as a Non-executive Director, effective from 1 July 2022.
お知らせ • Jun 29Strandline Resources Limited Announces Coburn Project Open Pit Mining to Start Two Months EarlyStrandline Resources Limited advised that rapid construction of its 100% owned Coburn mineral sands project in Western Australia has facilitated commencement of open pit mine development (starter pits) two months ahead of schedule. After successful early mobilisation of the mining contractor in April 2022, construction of the temporary tailings storage facility is almost finished, and pre-strip mining will commence from next week. Mine development will now run concurrently with finalising the construction of the processing and supporting infrastructure, which remains on-budget and on track for first production of HMC later this year. Detailed mine planning optimisation by AMC Consultants, using the latest infill drilling data, has resulted in an enhanced pit design for the first two years of the mine plan, which contains less overburden (lower strip ratio) and potentially reduced mining costs compared to assumptions contained within the Coburn DFS. The strip ratio has reduced from an average of 0.7 to 0.5 over the first two years of the mine plan, due primarily to optimising and scheduling more ore closer to surface on the eastern side of the deposit. The three dozer mining units have been delivered and assembled on site, ready to be moved into position for mining first ore later this year. Commissioning of the sub-systems associated with the wet concentration plant (WCP) and hybrid power station is expected to commence from next month (July 2022) as construction verification works ramps up. Strandline Managing Director Luke Graham said commencement of pre-strip mining represents another important milestone for the project, ensuring the company remains on track for first production of heavy mineral concentrate in the December quarter this year. With Coburn construction reaching peak activity and personnel numbers on site, the Company continues to focus on managing the various risk factors associated with development of the project. This includes HSE risks, potential impacts of COVID-19, inclement weather, contractor performance and contractual claims. The capital expenditure (Capex) forecast to complete the project, including an assessment of contractual claims received to date, is regularly evaluated by the Company's technical, financial and legal experts. The project forecast remains in line with the overall Capex budget.
Buying Opportunity • Jun 20Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 27%. The fair value is estimated to be AU$0.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Earnings per share has grown by 12%.
分析記事 • Jun 15A Look At The Intrinsic Value Of Strandline Resources Limited (ASX:STA)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Strandline Resources...
お知らせ • Jun 07Strandline Resources Limited Announces Coburn Project Construction Progress Reaches 75% CompleteStrandline Resources Limited advised that construction of its 100% owned Coburn mineral sands project in Western Australia is now 75% complete. Coburn's construction remains in line with its timetable and capital budget, ensuring it is on track for first production of HMC later this year. The critical mineral markets for zircon, titanium, and monazite rare earths remains tight, underpinned by strong long-term demand drivers, such as global growth, urbanisation, rising living standards and an extensive array of applications, including global electrification and renewable energy. The market trend is towards supply deficit with a lack of new quality projects on the horizon. Strandline is exceptionally well positioned to capitalise on this supply shortfall, with 100% of Coburn's production covered by binding offtake agreements with some of world's consumers across Europe, America and Asia. Importantly, these contracts enable Strandline to take advantage of rising prices. Coburn construction continues to progress in accordance with the overall project plan, with strong progress achieved on critical path activities, including the wet concentration plant and supporting infrastructure. Key progress achieved to date includes: Zero lost time injury and medical treatment injury reported to date; Mining contractor established and construction of the temporary tailing storage facility well underway; Site assembly of the three dozer mining units is almost complete, ready for potential early commissioning; Construction of the hybrid power station is also advancing on-schedule, which includes the multi-work front installation of the 11MW solar farm, LNG storage and engine hall complexes; Construction of the processing plant structures and supporting infrastructure continues to advance rapidly, with all key fabricated materials and mechanical-electrical equipment delivered to site (or on route); Installation of sitewide overhead power lines, field piping and water bore installation are all well advanced; Construction of the site village is complete with all 272 rooms online, meeting workforce requirements; Commissioning planning, spares procurement and establishment of key operational systems, maintenance procedures, training and workforce plans is continuing to ramp up; Key focus is on local recruitment, workforce diversity and indigenous engagement. As Coburn approaches peak activity and manning on site, the Company continues to focus on managing the various risk factors associated with development of the project. This includes, but not limited to, HSE risks, potential impacts of COVID-19, inclement weather, contractor performance and contractual claims. The capital expenditure (Capex) forecast to complete the project, including an assessment of contractual claims received to date, is regularly evaluated by the Company's technical, financial and legal experts. The project forecast remains in line with the overall Capex budget.
お知らせ • Apr 14Strandline Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 50 million.Strandline Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 50 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 116,279,070 Price\Range: AUD 0.43 Discount Per Security: AUD 0.0215 Transaction Features: Subsequent Direct Listing
お知らせ • Apr 04Strandline Resources Limited Initiates A Scoping Study on the Potential to Increase the Planned Production Rate by Up to 50% At Coburn Minerals Sands Project in WAStrandline Resources Limited advised that it has initiated a scoping study on the potential to increase the planned production rate by up to 50% at its 100%-owned Coburn minerals sands project in WA. The production increase would be aimed at enabling Coburn to capitalise further on its world-class resource, long mine life, high mineral sands prices and strong demand for offtake among leading customers in the US, Europe and China. Any expansion is expected to be funded out of future Coburn cashflow and leverage significantly off Coburn's infrastructure (currently being constructed), especially the inherent design capacity within the processing plant circuitry. Preliminary investigations highlight the potential compelling capital and operating cost efficiencies of scaling-up the project, further enhancing Coburn's already strong competitive position. Construction at Coburn is 65% complete and the project is on-budget and on-schedule, with first production of heavy mineral concentrate (HMC) set for the December quarter, 2022. Coburn will produce critical minerals of zircon, titanium (rutile and ilmenite) and monazite mineral (rare earths). Coburn has an initial mine life of 22.5 years based on the current JORC-compliant Ore Reserves, with the potential to extend this beyond 2060 (40 years) by converting Mineral Resources which exist adjacent and immediately north and along strike of the existing Ore Reserves. In May-2021 Strandline made a Final Investment Decision (FID) to proceed with the full development of its world-scale Coburn mineral sands project, located in the Gascoyne region of Western Australia. The construction schedule has first production of HMC planned for the December quarter of 2022. The Coburn project is set to capitalise on its robust margins, the strengthening minerals sands commodity pricing outlook, its tier-1 location, and the growing demand for critical minerals. The Coburn mine life currently sees mining continue until 2045 (based on mining the initial 22.5-year JORC compliant Ore Reserves), with the potential to extend to beyond 2060 (40 years mine life) by converting Mineral Resources which exist adjacent immediately north and along strike of existing Ore Reserves. The FID was supported by the updated Definitive Feasibility Study (DFS), released in mid-2020, which confirmed robust economics for the project over an initial 22.5-year life.
お知らせ • Apr 01Strandline Resources Limited Announces Coburn Project Construction Progress Reaches 65% CompletionStrandline Resources Limited advised that construction of its 100%-owned Coburn mineral sands project in Western Australia continues to progress in line with its timetable and capital budget, ensuring it remains on track for first production of HMC later this year. Overall project progress is now 65% complete with the priority transitioning to construction of the wet concentration plant (WCP) and supporting process and power infrastructure, which are well underway. Key progress achieved to date includes: Zero lost time injury (LTI) and medical treatment injury (MTI) reported to date; Early mobilisation of the mining contractor and mining equipment is currently underway, along with construction of site offices, buildings and workshops for operations; Site-wide bulk earthworks and roads are almost completed, with focus shifting to the North West Coastal Highway intersection, bitumen sealing, punch listing and progressive handover; Vertical construction of the processing plant structures is advancing rapidly, with concrete installation 90% complete; key steel and platework fabrication is complete, assembly of WCP spiral modules underway, with progressive deliveries of mechanical-electrical equipment and materials; Fabrication and supply of three dozer mining units is almost completed, with factory testing and delivery of units to site expected on-schedule in May 2022; Installation of sitewide overhead power lines, HDPE field piping and water bore installation are all progressing in accordance with the plan; All site accommodation rooms and key support facilities now commissioned (272 rooms in total) ahead of construction workforce approaching peak level; current site headcount of approx. 250; Construction of the hybrid power station is also advancing on-schedule, which includes the multi-work front installation of the 10MW solar farm, LNG storage and engine hall complexes; Commissioning planning and establishment of key operational systems, maintenance procedures and workforce plans is ramping up, with a key focus on local recruitment, workforce diversity and indigenous engagement opportunities. As Coburn approaches peak activity and manning on site, the Company continues to focus on managing the various risk factors associated with development of the project. This includes, but not limited to, HSE risks, potential impacts of COVID-19, inclement weather, contractor performance and contractual claims. The capital expenditure (Capex) forecast to complete the project, including an assessment of contractual claims received to date, is regularly evaluated by the Company's technical, financial and legal experts. The project forecast remains within the overall Capex budget.
お知らせ • Mar 28Strandline Resources Limited Announces Assessing Benefits of Significantly Higher Mineral Sands Prices as Tanzanian Offtake Discussions Ramp UpStrandline Resources Limited announced that it is ramping up preparations for development of its Fungoni mineral sands project, in Tanzania. The decision to initiate several key activities follows the formation of the joint venture company, Nyati Mineral Sands Limited ("Nyati"), which will hold all Strandline's Tanzanian mineral sands assets, including but not limited to the advanced Fungoni and Tajiri projects. Since signing the pivotal joint venture Framework Agreement (FWA) between Strandline and the Government of the Republic of Tanzania (GoT) in December 2021, Strandline has worked with local government authorities and project stakeholders to achieve the Fungoni project "cut-off" approval for the land access process. This key endorsement highlights the continued strong support for the development of Fungoni. In parallel, the Company has started updating the Fungoni project financial evaluation (previously released in October 2018 as part of the Fungoni DFS). This review will incorporate the latest financial information on the project, including updated mineral sands price forecasts, which have increased substantially in recent years. Strandline previously announced that it signed a USD 26 million Project Finance Facility Agreement with Nedbank CIB for the development of Fungoni, accounting for a significant portion of Fungoni's USD 35 million capital requirement (excluding financing and corporate costs). The Nedbank facility is also under review and will be subject to updating due diligence and credit approvals.
Price Target Changed • Mar 22Price target increased to AU$0.71Up from AU$0.61, the current price target is an average from 2 analysts. New target price is 80% above last closing price of AU$0.40. Stock is up 41% over the past year. The company is forecast to post a net loss per share of AU$0.0055 next year compared to a net loss per share of AU$0.02 last year.
お知らせ • Jan 18Strandline Resources Limited Announces Coburn Project Construction Progress Reaches 50% CompleteStrandline Resources Limited announced that construction of its 100%-owned Coburn mineral sands project in Western Australia continues to progress in line with its timetable and capital budget, ensuring it remains on track for first production of HMC later this year. Detailed engineering design is largely complete across the project, procurement of materials and equipment are advancing strongly, and all major construction contractors have now mobilised to site, with the latest being the power station and overhead powerline contractors. The overall project progress has reached 50% complete, remaining on-track to achieve first production of heavy HMC in the December quarter, 2022. The company is firmly focused on managing the various risk factors associated with development, including proactively managing HSE risks, contractor performance and the potential impacts of COVID-19.
分析記事 • Jan 17Estimating The Fair Value Of Strandline Resources Limited (ASX:STA)How far off is Strandline Resources Limited ( ASX:STA ) from its intrinsic value? Using the most recent financial data...
お知らせ • Nov 22Strandline Resources Limited Announces Update on Production At Coburn Mineral Sands Project in Western AustraliaStrandline Resources Limited announced another important step in its preparations for production at the Coburn mineral sands project in Western Australia, executing a longterm haulage and logistics services agreement with Qube Bulk Pty Ltd. Qube's scope comprises a turnkey logistics solution from minetoship, including operating the haulage fleet, product storage facilities at Geraldton and coordinating ship loading activities. Qube's services include: Load product at Coburn mine site into Qubeowned triple road trains on a continuous 247 basis; Transport of ilmenite and zircon concentrate products to Qube's existing Berth 4 storage facility at the Port of Geraldton ready for direct loading to ship; Transport of zircon and rutile products to purposebuilt storage facility at Narngulu, ready for campaign loading at Berth 4, Port of Geraldton; Coordinate product deliveries for ship loading at the port to meet Strandline's customer requirements. The terms of the contract are in accordance with the production plan, logistics requirements and overall operating cost assumptions contained in the Coburn DFS, released in June 2020. Appointment of Qube follows the previously announced 10year port access and services agreement with the Mid West Ports Authority, which operates the Port of Geraldton in WA. Qube is now preparing its Narngulu storage facility and existing Berth 4 port storage facility and trucking fleet ready for first cargo later next year. With the construction progress achieved to date at Coburn, Strandline remains on track to achieve first production of heavy mineral concentrate in the December quarter, 2022.
お知らせ • Sep 29Strandline Resources Limited Announces Coburn Project Infill Drilling ResultsStrandline Resources Limited announced strong assay results of resource infill drilling undertaken on the northern section of the Amy South Mineral Resource at its 100% owned Coburn mineral sands project in Western Australia. The drill program was successful in identifying broad zones of continuous mineralisation, confirming the integrity of the geological model and delineating shallow highergrade mineralisation in areas within and beyond the current mine plan. The Company is now finalising analysis of the mineral assemblage infill data, which is expected to be consistent with the existing Coburn Amy South data, averaging a highvalue mineral assemblage of 23% zircon, 11% combined rutileleucoxene and 47% chloridegrade ilmenite. The new drill data will be used to upgrade the classification of Mineral Resources from Indicated to Measured category with a high conversion rate expected for the areas drilled. An updated geological model will pave the way for an updated Ore Reserve and enhanced mine plan for the early years of production. The current JORCcompliant Mineral Resource at Coburn stands at 1,606 million tonnes, grading 1.2% THM and containing 19.6Mt of heavy mineral, with 4.3Mt of contained zircon and 1.4Mt of rutile. The pan shows obvious black accumulations of heavy mineral with quartz forming the rest of the pan. The globally significant Coburn mineral sand project is situated in the Gascoyne region of Western Australia some 250km from the port of Geraldton. The Company has secured full project funding and commenced development activities on site with civil bulk earthworks well underway. This air core drilling program was completed in Mar2021 with a total of 446 holes for 20,078m across the northern areas within the Amy South Mineral Resource and Ore Reserve (primarily within mining licence M09/102). The infill drilling targeted the first 2 to 3 years of the Coburn mine plan which was developed during the definitive feasibility study (DFS). The results will be used to upgrade and optimise the mine plan prior to commencement of mining next year.
分析記事 • Sep 18Is Strandline Resources Limited (ASX:STA) Trading At A 31% Discount?Today we will run through one way of estimating the intrinsic value of Strandline Resources Limited ( ASX:STA ) by...
Price Target Changed • Sep 17Price target increased to AU$0.60Up from AU$0.54, the current price target is an average from 2 analysts. New target price is 181% above last closing price of AU$0.21.
お知らせ • Jun 01Strandline Resources Limited Announces Construction Activity on Its 100%-Owned Coburn Mineral Sands Project in WA Is Gaining MomentumStrandline Resources Limited announced that construction activity on its 100%-owned Coburn mineral sands project in WA is gaining momentum. Early works packages are ramping up on site, including the construction of the first stage workers camp, main access road and bulk earthworks clearing activities, as well as commissioning of the first production bore, mongst other activities. Detailed design and equipment procurement is also progressing as planned, including the early manufacturing of long lead items such as processing plant spirals required for the Wet Concentration Plant and in-pit dozer mining units. The strong early progress on site comes as Deputy Premier of Western Australia Roger Cook ratifies the AUID 150 million loan facility provided by the Northern Australian Infrastructure Facility (NAIF). Coburn is fully funded through to production by a combination of debt provided by NAIF and a USD 60 million Bond Issue, together with the strong cash position of the Company. Reaching contractual close of the NAIF facility, with WA State sign-off, means Strandline is on schedule for first drawdown of the debt facilities later this year. Strandline Managing Director Luke Graham said the support shown by the WA Government is hugely appreciated and provides another important endorsement of the Coburn mineral sands project. Coburn is 100%-owned by Strandline.
Price Target Changed • May 07Price target increased to AU$0.55Up from AU$0.49, the current price target is an average from 2 analysts. New target price is 156% above last closing price of AU$0.21. Stock is up 65% over the past year.
分析記事 • Mar 16Companies Like Strandline Resources (ASX:STA) Are In A Position To Invest In GrowthWe can readily understand why investors are attracted to unprofitable companies. For example, Strandline Resources...
お知らせ • Mar 04Strandline Resources Signs Final Binding Offtake AgreementStrandline Resources announced that signing final binding offtake agreement for its Coburn project in WA. The agreement covers 100% of the rutile to be produced at Coburn and is expected to generate approximately 17%-20% of Coburn's forecast revenue over five years. The agreement is with Venator Materials (Venator). The Agreement is subject to conditions precedent regarding the development of the Project and conditions subsequent regarding the supply of rutile to the quality requirements. With the previously announced offtake contracts, Strandline now has +90% of Coburn's forecast revenue secured via long-term binding offtake contracts. Together, the offtake contracts have a forecast combined value of $600 million (AUD 850 million at AUD: USD 0.70) over five years, based on the pricing structures contained in the agreements and commodity price forecast assumptions contained in the Coburn updated DFS. Coburn's rutile specification has been confirmed as suitable for production of TiO2 pigment (the market for high grade titanium feedstocks), commonly used in the formulation of paints, coatings, inks, ceramics, paper and plastic production and other industrial applications. The rutile agreement follows the investment decision by the Northern Australia Infrastructure Facility (NAIF) to provide a AUD 150 million loan facility, as well as the appointment of a series of major execution contracts for development of the Coburn project. The NAIF facility accounts for a major share of Coburn's capital requirement of AUD 260 million (excluding financing costs).
Is New 90 Day High Low • Mar 03New 90-day high: AU$0.23The company is up 2.0% from its price of AU$0.23 on 03 December 2020. The Australian market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$0.21 per share.
分析記事 • Feb 16How Much is Strandline Resources' (ASX:STA) CEO Getting Paid?This article will reflect on the compensation paid to Luke Graham who has served as CEO of Strandline Resources Limited...
分析記事 • Jan 19Strandline Resources Limited (ASX:STA) Is Expected To Breakeven In The Near FutureWith the business potentially at an important milestone, we thought we'd take a closer look at Strandline Resources...
分析記事 • Dec 20Calculating The Fair Value Of Strandline Resources Limited (ASX:STA)Does the December share price for Strandline Resources Limited ( ASX:STA ) reflect what it's really worth? Today, we...
分析記事 • Nov 23Is Strandline Resources (ASX:STA) In A Good Position To Invest In Growth?We can readily understand why investors are attracted to unprofitable companies. By way of example, Strandline...
お知らせ • Nov 16Strandline Secures Port Access for Export of Coburn's Mineral Sands ProductsStrandline Resources announced further progress in its strategy to develop the Coburn mineral sands project in Western Australia, with the execution of a port access and services agreement with Mid West Ports Authority (MWPA) for the export of Coburn's products at the Port of Geraldton. The Agreement allows Strandline to export ~230,000 tonnes per annum of mineral sands product, including heavy mineral concentrate, premium zircon (finished), zircon concentrate, chloride grade ilmenite and rutile products. MWPA is the operator and manager of the Port of Geraldton facilities and has had experience handling similar mineral sands products through the port for many years. Under the Agreement, MWPA will provide access to the port facilities and manage the loading of Coburn's mineral sands product into vessels on a campaign basis. The initial term of the Agreement is for 10 years. The Agreement is subject to customary conditions precedent for a port services agreement of this nature, as well as Strandline making a final investment decision relating to the development of Coburn. Earlier this year, Strandline announced the completion of major binding offtake contracts with some of the world's leading consumers across Europe, America and China. The offtake agreements cover ~72% of Coburn's forecast revenue with the remaining high value products of rutile and premium zircon retained to sell in the spot market. Since then, Strandline and Coburn's majority lender, the Northern Australia Infrastructure Fund (NAIF), have made substantial progress towards completion of loan facility documentation and satisfaction of customary conditions precedent to drawdown. Strandline is now moving rapidly to finalise the balance of Coburn's funding requirement, which is expected to comprise a combination of commercial debt (alongside the NAIF AUD 150 million tranche) and equity financing.
お知らせ • Oct 08Strandline Resources Limited Announces Positive Results of the Engineering Scoping Study on its Tajiri Mineral Sands Project in TanzaniaStrandline Resources announced the positive results of the Engineering Scoping Study on its Tajiri mineral sands project in Tanzania. Strandline Managing Director Luke Graham said the Scoping Study confirms the technical and economic strength of Tajiri. In light of the Study's strong findings, Strandline will continue to advance project permitting and development approvals. The company will also review strategic partnership options to assist with the next phase of project development and evaluate external funding options including strategic joint venture interest. coping study cautionary statement: The Tajiri project Scoping Study is a preliminary technical and economic study of the potential viability of developing the project's mine and associated infrastructure. The Scoping Study is based on lower level technical and preliminary economic assessments and is insufficient to support estimation of Ore Reserves or to provide assurance of an economic development case at this stage, or certainty that the conclusions of the Scoping Study will be realised. Approximately 90% of the total Mineral Resources for the Tajiri Project and approximately 91% of the total ore scheduled for mining in the Scoping Study for the 23.4 years is underpinned by Measured and Indicated Resources. Approximately 10% of the total Resources for the Tajiri Project and approximately 9% of the total ore scheduled for mining in the Scoping Study for the 23.4 years is underpinned by Inferred Resources in the remaining 2 years. There is a lower level of geological confidence associated with Inferred Resources and there is no certainty that further exploration work will result in the determination of further Measured or Indicated Mineral Resources or that the Production Target or preliminary economic assessment will be realised. The Scoping Study is based on the material assumptions outlined elsewhere in this announcement. While the Company considers all the material assumptions to be based on reasonable grounds, there is no certainty that they will prove to be correct or that the range of outcomes indicated by the Scoping Study will be achieved. To achieve the potential mine development outcomes indicated in the Scoping Study, initial funding in the order of USD 125 million will likely be required. Investors should note that there is no certainty that the Company will be able to raise funding when needed, however the Company has concluded it has a reasonable basis for providing the forward-looking statements included in this announcement and believes that it has a "reasonable basis" to expect it will be able to fund the development of the Project. It is also possible that such funding may only be available on terms that may be dilutive to, or otherwise affect the value of the Company's existing shares. It is also possible that the Company could pursue other strategies to provide alternative funding options including project finance. Given the uncertainties involved, investors should not make any investment decisions based solely on the results of the Scoping Study.
Reported Earnings • Sep 25Full year earnings released - AU$0.021 loss per shareOver the last 12 months the company has reported total losses of AU$8.14m, with losses widening by 16% from the prior year.
Reported Earnings • Sep 24Earnings releasedOver the last 12 months the company has reported total losses of AU$7.35m, with losses widening by 17% from the prior year.