Saturn Metals（STN）株式概要サターン・メタルズ社はオーストラリアで貴金属の探鉱を行っている。 詳細STN ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長2/6過去の実績0/6財務の健全性6/6配当金0/6報酬収益は年間55.04%増加すると予測されています リスク分析収益が 100 万ドル未満 ( A$0 )今後3年間の収益は年平均24.7%減少すると予測されている。 過去1年間で株主の希薄化が進んだ 現在は利益が出ておらず、今後3年間で利益が出る見込みはない すべてのリスクチェックを見るSTN Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueAU$Current PriceAU$0.54該当なし内在価値ディスカウントEst. Revenue$PastFuture-6m92016201920222025202620282031Revenue AU$9.0Earnings AU$1.2AdvancedSet Fair ValueView all narrativesSaturn Metals Limited 競合他社Toubani ResourcesSymbol: ASX:TREMarket cap: AU$297.3mAsara ResourcesSymbol: ASX:AS1Market cap: AU$290.9mBallard MiningSymbol: ASX:BM1Market cap: AU$318.2mTribune ResourcesSymbol: ASX:TBRMarket cap: AU$278.6m価格と性能株価の高値、安値、推移の概要Saturn Metals過去の株価現在の株価AU$0.5452週高値AU$0.7052週安値AU$0.29ベータ0.661ヶ月の変化1.90%3ヶ月変化2.88%1年変化69.84%3年間の変化174.36%5年間の変化15.05%IPOからの変化148.84%最新ニュース分析記事 • May 12Companies Like Saturn Metals (ASX:STN) Are In A Position To Invest In GrowthEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...New Risk • Apr 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 25% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (41% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$16m net loss in 2 years). Share price has been volatile over the past 3 months (14% average weekly change).New Risk • Mar 12New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$25m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$25m free cash flow). Earnings have declined by 23% per year over the past 5 years. Shareholders have been substantially diluted in the past year (77% increase in shares outstanding). Revenue is less than US$1m (AU$684k revenue, or US$488k).Board Change • Dec 08Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Adrian Goldstone was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions Derivative • Nov 07Independent Non-Executive Chairman exercised options to buy AU$347k worth of stock.On the 6th of November, Brett Lambert exercised options to buy 700k shares at a strike price of around AU$0.28, costing a total of AU$197k. This transaction amounted to 350% of their direct individual holding at the time of the trade. Since June 2025, Brett has owned 200.00k shares directly. Company insiders have collectively bought AU$242k more than they sold, via options and on-market transactions, in the last 12 months.お知らせ • Oct 16Saturn Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 45 million.Saturn Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 45 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 69,310,345 Price\Range: AUD 0.58 Discount Per Security: AUD 0.0348 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 8,275,862 Price\Range: AUD 0.58 Discount Per Security: AUD 0.0348 Transaction Features: Subsequent Direct Listing最新情報をもっと見るRecent updates分析記事 • May 12Companies Like Saturn Metals (ASX:STN) Are In A Position To Invest In GrowthEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...New Risk • Apr 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 25% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (41% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$16m net loss in 2 years). Share price has been volatile over the past 3 months (14% average weekly change).New Risk • Mar 12New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$25m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$25m free cash flow). Earnings have declined by 23% per year over the past 5 years. Shareholders have been substantially diluted in the past year (77% increase in shares outstanding). Revenue is less than US$1m (AU$684k revenue, or US$488k).Board Change • Dec 08Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Adrian Goldstone was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions Derivative • Nov 07Independent Non-Executive Chairman exercised options to buy AU$347k worth of stock.On the 6th of November, Brett Lambert exercised options to buy 700k shares at a strike price of around AU$0.28, costing a total of AU$197k. This transaction amounted to 350% of their direct individual holding at the time of the trade. Since June 2025, Brett has owned 200.00k shares directly. Company insiders have collectively bought AU$242k more than they sold, via options and on-market transactions, in the last 12 months.お知らせ • Oct 16Saturn Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 45 million.Saturn Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 45 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 69,310,345 Price\Range: AUD 0.58 Discount Per Security: AUD 0.0348 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 8,275,862 Price\Range: AUD 0.58 Discount Per Security: AUD 0.0348 Transaction Features: Subsequent Direct Listingお知らせ • Oct 08Saturn Metals Limited, Annual General Meeting, Nov 28, 2025Saturn Metals Limited, Annual General Meeting, Nov 28, 2025. Location: at the quest kings park, 54 kings park road, west perth, western australia 6005., Australiaお知らせ • Oct 04Saturn Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 45 million.Saturn Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 45 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 69,310,345 Price\Range: AUD 0.58 Discount Per Security: AUD 0.0348 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 8,275,862 Price\Range: AUD 0.58 Discount Per Security: AUD 0.0348 Transaction Features: Subsequent Direct Listing分析記事 • Sep 12We're Keeping An Eye On Saturn Metals' (ASX:STN) Cash Burn RateWe can readily understand why investors are attracted to unprofitable companies. For example, Saturn Metals ( ASX:STN...お知らせ • May 23Saturn Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 23 million.Saturn Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 23 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 77,221,220 Price\Range: AUD 0.215 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 29,755,525 Price\Range: AUD 0.215 Transaction Features: Subsequent Direct ListingNew Risk • Apr 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 19% per year over the past 5 years. Shareholders have been substantially diluted in the past year (73% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$125.7m market cap, or US$80.5m).お知らせ • Mar 31+ 1 more updateSaturn Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 2 million.Saturn Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 2 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 9,302,326 Price\Range: AUD 0.215分析記事 • Mar 14We Think Saturn Metals (ASX:STN) Needs To Drive Business Growth CarefullyEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...New Risk • Mar 14New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$12m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$12m free cash flow). Earnings have declined by 19% per year over the past 5 years. Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Revenue is less than US$1m (AU$59k revenue, or US$37k). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$75.7m market cap, or US$47.6m).お知らせ • Jan 20+ 1 more updateSaturn Metals Limited Appoints Grant Dyker as Chief Financial OfficerSaturn Metals Limited announced the key appointments of Mr. Grant Dyker as Chief Financial Officer. The appointment further strengthen Saturn's senior leadership team as it advances its Apollo Hill Gold Project in WA towards production. Mr. Dyker has over two decades of senior executive experience across the Australian resource sector, having previously served as CFO for a number ASX-listed resource companies spanning a range of commodities but focusing on gold. He has a strong track record in successfully leading and managing major project and corporate financing initiatives, encompassing project and corporate debt funding totalling AUD 1.2 billion, and participated directly in the construction of six separate projects, including Avoca's Higginsville Mine and Dacian Gold's Mt Morgan's Mine. This expertise will be invaluable to Saturn as the Company embarks on the financing and development of Apollo Hill.New Risk • Jan 16New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 38% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$68.0m market cap, or US$42.3m).New Risk • Dec 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 20% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (38% increase in shares outstanding). Market cap is less than US$100m (AU$54.1m market cap, or US$34.4m).New Risk • Oct 16New major risk - Revenue and earnings growthEarnings have declined by 20% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (91% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$84.9m market cap, or US$56.7m).お知らせ • Oct 04Saturn Metals Limited, Annual General Meeting, Nov 26, 2024Saturn Metals Limited, Annual General Meeting, Nov 26, 2024. Location: at the quest kings park, 54 kings park road, west perth, western australia 6005., AustraliaNew Risk • Jul 14New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 74% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (74% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$2.2m net loss in 2 years). Market cap is less than US$100m (AU$50.3m market cap, or US$34.2m).New Risk • Jul 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$8.2m free cash flow). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$2.2m net loss in 2 years). Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (39% increase in shares outstanding). Market cap is less than US$100m (AU$40.9m market cap, or US$27.3m).Price Target Changed • Jul 01Price target decreased by 17% to AU$0.37Down from AU$0.44, the current price target is provided by 1 analyst. New target price is 118% above last closing price of AU$0.17. Stock is down 5.6% over the past year. The company posted a net loss per share of AU$0.025 last year.Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Adrian Goldstone was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.分析記事 • Apr 23We're Keeping An Eye On Saturn Metals' (ASX:STN) Cash Burn RateWe can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...New Risk • Mar 16New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$8.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$8.2m free cash flow). Revenue is less than US$1m (AU$7.1k revenue, or US$4.6k). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$2.2m net loss in 3 years). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (48% increase in shares outstanding). Market cap is less than US$100m (AU$38.0m market cap, or US$25.0m).お知らせ • Feb 29Saturn Metals Limited Announces Resignation of Michelle Blandford as Joint Company SecretaryThe Board of Saturn Metals Limited announced the resignation of Mrs. Michelle Blandford as Joint Company Secretary, effective 29 February 2024. Mrs. Blandford provided Company Secretarial services to Saturn whilst current Company Secretary, Mrs. Natasha Santi was on maternity leave.New Risk • Feb 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$2.2m net loss in 3 years). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (47% increase in shares outstanding). Market cap is less than US$100m (AU$30.2m market cap, or US$19.7m).Breakeven Date Change • Jan 18No longer forecast to breakevenThe analyst covering Saturn Metals no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$83.7m in 2026. New forecast suggests the company will make a loss of AU$2.20m in 2026.New Risk • Nov 29New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 57% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$2.0m net loss in 2 years). Market cap is less than US$100m (AU$27.5m market cap, or US$18.3m).New Risk • Nov 22New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$8.7m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$8.7m free cash flow). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$2.0m net loss in 2 years). Shareholders have been diluted in the past year (46% increase in shares outstanding). Market cap is less than US$100m (AU$26.6m market cap, or US$17.5m).お知らせ • Oct 06Saturn Metals Limited, Annual General Meeting, Nov 29, 2023Saturn Metals Limited, Annual General Meeting, Nov 29, 2023, at 14:30 W. Australia Standard Time. Location: the Country Women's Association of WA, 1176 Hay Street, West Perth Western Australia Australiaお知らせ • Sep 08Saturn Metals Limited Appoints Michelle Blandford as Joint Company SecretaryThe Board of Saturn Metals Limited announced the appointment of Mrs. Michelle Blandford as Joint Company Secretary effective 8 September 2023. Mrs. Blandford will provide Company Secretarial services to Saturn whilst current Company Secretary, Mrs. Natasha Santi is on maternity leave. Mrs. Blandford brings a strong governance and administration background with 25 years' administration experience, working in both exploration and mining companies in the commodities of gold and uranium. She is currently the Company Secretary at Australian Potash Limited and has previously held positions with Agincourt Resources Limited, Nova Energy Limited, Navigator Resources Limited and Breaker Resources NL. She is a Chartered Secretary and member of the Governance Institute of Australia.分析記事 • Jul 26We Think Saturn Metals (ASX:STN) Needs To Drive Business Growth CarefullyJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...Price Target Changed • Jul 16Price target decreased by 16% to AU$0.44Down from AU$0.52, the current price target is an average from 2 analysts. New target price is 167% above last closing price of AU$0.17. Stock is down 45% over the past year. The company is forecast to post a net loss per share of AU$0.014 next year compared to a net loss per share of AU$0.019 last year.Recent Insider Transactions • May 17MD & Director recently bought AU$97k worth of stockOn the 15th of May, Ian Bamborough bought around 500k shares on-market at roughly AU$0.19 per share. This transaction amounted to 8.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Ian's only on-market trade for the last 12 months.Price Target Changed • Mar 24Price target decreased by 28% to AU$0.60Down from AU$0.83, the current price target is provided by 1 analyst. New target price is 275% above last closing price of AU$0.16. Stock is down 59% over the past year. The company is forecast to post a net loss per share of AU$0.01 next year compared to a net loss per share of AU$0.019 last year.お知らせ • Feb 08Saturn Metals Limited Provides an Update on Apollo Hill Gold Mineral ResourceSaturn Metals Limited announced that a 5,000 meter 75 hole RC drilling program is underway to create opportunities to further expand and develop the 1.47Moz1 Apollo Hill Gold Mineral Resource. Drilling is planned to target both northern and central parts of the gold deposit at relatively shallow depths average hole depth of program only 65 meter. In the central area of the deposit Plate 1 a section of representative geology is being targeted with a higher density drill program to outline material for Saturn's planned bulk sample and pilot heap leach process. In the north of the deposit, previously reported step out intersections included 7m @ 11.18g/t Au from 172m in AHRC0813 and several holes are planned to explore for extensional mineralisation outside of the current Mineral Resource. Apollo Hill (29.15°S and 121.68°E) is located approximately 60km south-east of Leonora in the heart of WA's goldfields region. The deposit and the Apollo Hill project are 100% owned by Saturn and are surrounded by good infrastructure and several significant gold deposits. The Apollo Hill Project has the potential to become a large tonnage, simple metallurgy, low strip open pit mining operation. In addition, Saturn has a second quality gold exploration project in Australia. The Company has an option to earn an 85% joint venture interest in the West Wyalong Project, which represents a high-grade vein opportunity on the highly gold prospective Gilmore suture within the famous Lachlan Fold belt of NSW.お知らせ • Dec 23Saturn Metals Limited Announces Significant Gold Intersections in Step Out Diamond Drilling At Apollo HillSaturn Metals Limited announced results from step out diamond and RC drilling at the Apollo Hill Deposit at its 100% owned, 1,000km2 Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian Goldfields. Drilling successfully targeted down dip extensions to the Apollo Hill Deposit with a bold step out from the current mineral resource model. Several zones of significant mineralisation were intersected over a 400- metre downhole width in pre-collar and diamond tail drilling. In addition to results listed above other significant intersections include 1m @ 7.31g/t Au from 255m and 1m @ 4.98g/t Au from 299m in hole AHRCDD0017 Mineralisation style in the intersections is consistent with the greater Apollo Hill gold system and shows strong extension potential. Drilling intersected the Apollo Hill gold structure as predicted which is useful for ongoing targeting of higher-grade zones in other favourable rock types. HIGHLIGHTS: Intersections up to 200m down dip from the 1.47Moz Apollo Hill Mineral Resource 1 include: 5.8m @ 2.7g/t Au from 322.4m (Hanging Wall Lode) AHRCDD0482; 11.6m @ 1.39g/t Au from 641.4m (Main Lode) AHRCDD0482. Multiple zones of gold mineralisation have been returned in assay; Results indicate that the gold system is open and potential exists for step change discovery with ongoing targeting.Breakeven Date Change • Nov 16No longer forecast to breakevenThe analyst covering Saturn Metals no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$77.6m in 2025. New forecast suggests the company will make a loss of AU$1.39m in 2025.お知らせ • Oct 19Saturn Metals Limited Announces Results from Step Out AC Drilling at the Calypso ProspectSaturn Metals Limited announced results from step out AC drilling at the Calypso Prospect at its 100% owned, 1,000km2 Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian Goldfields. Calypso sits within the Apollo Hill Super Structure where previous drilling discovered thick high grade gold intersections in alluvial gravels. Follow up drilling at the time did not immediately identify the source of themineralisation in the bed rock. However, the angular nature of the alluvial gravel clasts associated with the gold intersections indicated that they were likely only transported a short distance. This suggests that the gold source is reasonably close. New wide spaced AC lines have provided a successful 200m-300m step out from the gravel gold intercepts and have identified a nearby primary rock source of gold. Gold is associated with quartz veining, shearing and granitic porphyry intrusive rocks (all being widely associated with significant gold deposits across the Goldfields). Follow up infill and extensional AC drilling is now underway to target a higher-grade basement source for the excellent alluvial intercepts. Highlights: Wide spaced Air Core (AC) drilling around a high-grade alluvial gold intersection of 9m @ 8.67g/t Au from 116m in BBRC00031 at Calypso has discovered thick zones of bedrock gold mineralisation including: 16m @ 0.54g/t Au from 92m AHAC1347; 12m @ 0.49g/t Au from 98m including 4m @ 0.91g/t Au from 102m AHAC1431; 8m @ 0.57g/t Au from 88m AHAC1348; 4m @ 0.45g/t Au from 94m AHAC1349. Assays provide a significant step out with the new intersections located 200m-300m along strike of the original anomaly. Opportunity exists to infill drill the bedrock back towards the high-grade alluvial intersection. Mineralisation is also open at depth and along strike. Results sit 3km to the east of the 1.47Moz Apollo Hill Mineral Resource 2 and provide an opportunity for a satellite or add on gold system. A 2,500m, 40 hole follow up AC drill program is planned to further target higher grade opportunities within the system.分析記事 • Oct 11We Think Saturn Metals (ASX:STN) Needs To Drive Business Growth CarefullyJust because a business does not make any money, does not mean that the stock will go down. For example, although...お知らせ • Oct 10Saturn Metals Limited, Annual General Meeting, Nov 29, 2022Saturn Metals Limited, Annual General Meeting, Nov 29, 2022, at 14:00 W. Australia Standard Time. Location: Hay Street, West Perth, West Perth AustraliaBreakeven Date Change • Oct 01No longer forecast to breakevenThe analyst covering Saturn Metals no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$77.6m in 2025. New forecast suggests the company will make a loss of AU$1.39m in 2025.お知らせ • Sep 13Saturn Metals Limited Announces Significant Results from AC Drilling at its Hercules Prospect, Apollo Hill Gold ProjectSaturn Metals Limited announced significant results from AC drilling at its Hercules Prospect within its 100% owned, 1,000km2 Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian Goldfields. Gold mineralization at Hercules is controlled within a camp scale ductile shear zone with gold mineralization focused in quartz veins similar to that of other major gold deposits in the region. The core to the gold system is an excellent target for planned follow up RC drilling. Continual near surface mineralization is now confirmed over a shear with a strike length of 2.2km. Further AC drilling is planned to follow the anomaly to the North where drilling along the gold fertile structure remains sparse.お知らせ • Aug 02Saturn Metals Limited Announces Results from Metallurgical Test Work on Samples of Diamond Core Drilling at the Apollo Hill DepositSaturn Metals Limited announced significant results from metallurgical test work on samples of mineralized material collected from diamond core drilling at the Apollo Hill deposit within its 100%-owned Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian Goldfields. This test work is a key part of the Company's ongoing strategy to grow and progress the Apollo Hill Mineral Resource, which was last upgraded a few months ago to 1.47Moz. Results, as outlined in the `Highlights' section of this report, demonstrate the clear potential to achieve lower processing costs through simpler and scalable treatment options. Lower unit operating costs and strong recovery at lower grades (interpreted as easy digestion of the finer grained gold thought more typical in this grade range) leads to lower cut off grades which allows for the processing of additional mineralised material, improving strip ratios and offering more efficient mining processes and economies of scale. Process Optimisation: Test work was also completed for duplicate samples using conventional tertiary crushing to the same 8mm P100 size. Results from this test work showed that the HPGR crushing route provides a significant 14%-16% upgrade in recovery from conventional tertiary crushing at the 8mm P100 crush size on identical sub-samples. Lowgrade (0.24g/t Au) conventional stage crushed column recovery reported a respectable 69% recovery and near resource grade (0.69g/t Au) conventional stage crushed column recovery reported a still positive 60% recovery (all data listed in Appendix 1). Importantly, results from the 6mm P100 conventional stage crushed column sample (grading 0.60g/t Au) gave an impressive 84% recovery. The high recovery figure for this test and the substantial improvements for the HPGR tests illustrate the importance of leach feed particle size distribution on gold liberation and subsequent cyanidation performance. A tradeoff study is planned based on the reported testwork results to assess gold recovery, capital cost and operating cost of various potential crushing routes as Saturn moves forward with its studies. Low Reagent Use: Cyanide consumption was very low throughout the HPGR focused testwork at an average of only 0.79kg/t. Lime addition was minimal at an average rate of only 0.15 kg/t. These numbers highlight the clean nature of the tested material types and site water and the potential for low reagent usage (lower cost base). Trade-off studies will also be completed on optimising reagents additions versus gold recovery in future evaluations. Strong Percolation after Favorable Agglomeration Results: Efficient percolation results on various rock types across the scaled up HPGR testwork showed an efficient average rate of 10,994 L/m2/hr percolation (slump 4.3%), as compared to an industry acceptable rate of 10,000 L/m2/hr, and where full-scale requirements can be substantially lower again. An average cement addition rate of 3kg/t was utilised for agglomeration with site water to reach the encouraging percolation characteristics. Good percolation results coupled with low agglomeration cement requirements bode well for heap leaching techniques.お知らせ • Jul 28Saturn Metals Limited Announces Hercules Drill ResultsSaturn Metals Limited announced significant results from Aircore drilling at its Hercules Prospect within its 100% owned, 1,000km2 Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian Goldfields. Gold mineralisation at Hercules is controlled within a camp scale ductile shear zone with gold mineralisation focussed in quartz veins similar to that of other major gold deposits in the region. Targeted Aircore and RC drilling is planned to grow the gold system and target higher grade shoots as part of Saturn's ongoing Regional Exploration program. A total of 4,800m of stage 1 Aircore drilling has been completed at Hercules as part of a wider 20,000m regional program. The information in this report that relates to exploration targets and exploration results is based on information compiled by Phillip Stevenson, a Competent Person who is a Member of The Australian Institute of Mining and Metallurgy. Phillip Stevenson is a fulltime employee of the Company. Phillip Stevenson has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the `Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Phillip Stevenson consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. This document contains exploration results and historic exploration results as originally reported in fuller context in Saturn Metals Limited ASX Announcements, Quarterly Reports and Prospectus - as published on the company's website. Saturn Metals Limited confirms that it is not aware of any new information or data that materially affects the information or results noted. Announcement dates referred to include but are not limited to: 27/01/2022, 28/01/2022, 31/03/2022, 26/04/2022, 19/05/2022, 16/06/2022, 22/06/2022. Apollo Hill (29.15°S and 121.68°E) is located approximately 60km south-east of Leonora in the heart of WA's goldfields region (Figure 4). The deposit and the Apollo Hill project are 100% owned by Saturn and are surrounded by good infrastructure and several significant gold deposits. The Apollo Hill Project has the potential to become a large tonnage, simple metallurgy, low strip open pit mining operation.お知らせ • Jun 23Saturn Metals Limited Announces Resumption of Exploration Drilling Across Its Apollo Hill Gold ProjectSaturn Metals Limited announced the resumption of exploration drilling across its 100% owned, 1,000km Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian Goldfields. A 20,000m phase of targeted Aircore drilling is now underway across Saturn Metals extensive tenement holding. The planned program will initially target high priority infill and extensional drilling at the Hercules and Artemis Prospects focusing on the large mineralised systems identified earlier in the year. Drilling at both prospects remains widely spaced with some great opportunities at infill drill sites. Drilling will then progress to the greater Apollo Hill Super Structure and Keith Kilkenny Shear where exploration will target highly prospective ground directly adjacent to and along strike of the Apollo Hill Resource. The drill program also targets areas where historical drillholes have not reached sufficient depth to properly test for mineralisation on geological and geophysical interpreted structures. Apollo Hill (29.15°S and 121.68°E) is located approximately 60km south-east of Leonora in the heart of WA's goldfields region. The deposit and the Apollo Hill project are 100% owned by Saturn and are surrounded by good infrastructure and several significant gold deposits. The Apollo Hill Project has the potential to become a large tonnage, simple metallurgy, low strip open pit mining operation. In addition, Saturn has a second quality gold exploration project in Australia. The Company has an option to earn an 85% joint venture interest in the West Wyalong Project, which represents a high-grade vein opportunity on the highly gold prospective Gilmore suture within the famous Lachlan Fold belt of NSW.お知らせ • Jun 16Saturn Metals Limited Announces Significant Results from Reverse Circulation and Aircore DrillingSaturn Metals Limited announce significant results from Reverse Circulation (RC) and Aircore (AC) drilling across its 100% owned, 1,000km2 Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian Goldfields. Further exploration of the Apollo Hill Super-Structure and regionally gold prospective Keith Kilkenny Shear is developing several important new gold systems. Extensional RC drilling has continued to build on the understating understanding of the mineralisation along Bob's 3.5km strike length with higher gold vectors remaining open for additional drill targeting. In addition, two RC holes have been completed under significant AC intersections at Hercules. Results have been returned for AHRC0837 (4m @ 4.57g/t Au from 54m) in fresh rock indicating that mineralisation is present and open at depth.お知らせ • May 19Saturn Metals Limited Announces Great New Results At Hercules Gold ProspectSaturn Metals Limited announced significant results from follow up AC drilling across its 100% owned, 1,000km2 Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian Goldfields. Highlights: Regional exploration drilling has discovered a significant zone of gold bearing mineralisation at the recently identified Hercules Prospect, within Saturn Metals' broader Apollo Hill land holdings. Significant Aircore (AC) intersections include: 20m @ 2.27g/t Au from 24m including 8m @ 5.17g/t Au from 24m - AHAC0925; 8m @ 1.06g/t Au from 28m - AHAC0865; 4m @ 1.35g/t Au from 16m - AHAC0696; 4m @ 1.08g/t Au from 16m - AHAC0842. Hercules is located 15km to the south of Saturn's 1.47Moz Apollo Hill Mineral Resource1 on a previously unexplored section of the gold fertile Keith Kilkenny Lineament. Assays received to date have confirmed mineralisation over a 1km strike length. Drilling has been completed over a 3km corridor, with results pending for an additional 103 AC holes and two Reverse Circulation (RC) holes. Several areas of promising geology have been intersected along strike and the associated assay results will be reported as they are returned in the coming weeks. A recent phase of AC drilling stepped out from earlier reported holes AHAC0477 and AHAC0478 (4m @ 0.47g/t Au from 44m and 8m @ 0.36g/t Au from 44m respectivelya). The new drilling intersected several zones of quartz veining and shearing in bed rock with strong sulphides indicating excellent prospectivity for economic mineralisation. Assays have returned several substantial intersections including 20m @ 2.27g/t Au from 24m in hole AHAC0925, which includes 8m @ 5.17g/t Au from 24m. With numerous infill and extension AC assays still pending, this means the full picture is yet to be revealed. Geological observations of the drill chips in these samples along the entire 3km strike length show close similarities to those seen in the samples that have returned significant intersections.お知らせ • May 03Saturn Metals Limited Announces Apollo Hill Gold Resource Upgraded to 1.47MozSaturn Metals Limited announced that it has completed an updated Mineral Resource estimate for the Apollo Hill gold deposit at its 100%-owned Apollo Hill Gold Project near Leonora in the Western Australian Goldfields. The upgraded Mineral Resource totals 76 Mt at 0.60 g/t Au for 1,469,000 oz. This is a significant increase in contained ounces from the previously published resource. It incorporates the results of a highly successful 286-hole, 31149 m extensional and in-fill drilling campaign completed within the model area after the last Mineral Resource upgrade, which was published in late January 2021, and up until the end of August 2021, when a cut-off date for drilling related resource data was applied. The growth in the Apollo Hill Mineral Resource over the past 15 months has been driven by: The discovery of additional shallower mineralisation in the Southern Apollo Hill corridor, extensional drilling beneath the previous resource shell, and infill drilling within the previous resource shell. The results of metallurgical testing on high quality diamond core which have demonstrated the clear potential to achieve low processing costs through simpler and scalable treatment options. These low unit operating costs have in turn lead to lower cut off grades which have brought additional mineralised material into the whittle pit shells, improved strip ratios andprovided potential for more efficient mining considerations and economies of scale. Saturn's improving knowledge of the geological controls at the deposit and refinements in the resource modelling techniques have continued to have a positive influence. highlights the Mineral Resource block model grade distribution in a SW-NE cross sectional view of the 300 m wide mineralised corridor at the southern end of the deposit. In addition, the diagram shows both the January 2021 Mineral Resource Shell and the new May 2022 Mineral Resource Shell. The mineralized zones become thicker (above the revised lower cut-off grade), and the new Whittle pit shell drives deeper and takes additional mineralisation. Wider mineralised zones ultimately lead to a more efficient mining processes. Also illustrates the pit optimization currently bottoming at 90RL or 280 m below surface. Importantly, a significant portion of the Apollo Hill resource 41 Mt @ 0.58 g/t Au for 760 koz - across the shallow levels of the deposit and pit shell has been declared in Indicated Mineral Resource category, representing 52% of the total Mineral Resource. AMC Consultants Pty Ltd. (AMC) was employed to update the Mineral Resource estimate for the Saturn Metals Ltd. Apollo Hill gold project for reporting in accordance with the JORC Code. The Mineral Resource estimate used all current and appropriate exploration and metallurgical data and information collected up to 29 March 2022 for the project. Apollo Hill (29.15°S and 121.68°E) is located approximately 60 km south-east of Leonora in the heart of WA's goldfields region. The deposit and the Apollo Hill project are 100% owned by Saturn Metals and are surrounded by good infrastructure and several significant gold deposits.Price Target Changed • May 02Price target increased to AU$0.97Up from AU$0.87, the current price target is provided by 1 analyst. New target price is 155% above last closing price of AU$0.38. Stock is down 8.4% 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$0.019 last year.Breakeven Date Change • Apr 27No longer forecast to breakevenThe analyst covering Saturn Metals no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$119.0m in 2024. New forecast suggests the company will make a loss of AU$1.06m in 2024.分析記事 • Apr 13Is Saturn Metals (ASX:STN) In A Good Position To Deliver On Growth Plans?There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...お知らせ • Apr 01Regional Exploration Gold Results Exploration Gold Results 10Km Along Strike of Apollo HillSaturn Metals is completing reconnaissance drilling across its large under explored land package. This is part of the Company's strategy to find complementary deposits at the soon to be updated Apollo Hill Mineral Resource which currently stands at 944,000 ounces1. Early-stage exploration is yielding promising geology and results across the greater Apollo Hill system. Regional reconnaissance exploration Aircore (AC) drilling completed in early 2022 has highlighted an exciting new prospect at Artemis, 10km northwest of the Apollo Hill Mineral Resource (35.9Mt @ 0.8g/t Au for 944,000 oz of gold. Drill hole AHAC0672 intersected 4m @ 4.08g/t Au from 40m within 33m @ 0.73g/t Au from 24m Artemis is located directly along strike from Apollo Hill, highlighting the potential for additional discovery in the expansive, largely untested corridor between the two prospects. Mineralization is associated with prospective geology (quartz veining and shearing in bed rock). The width and grade of the AHAC0672 intersection is similar to some zones in the Apollo Hill deposit. Mineralization remains open for additional drill testing. A step out AC program was completed at Bob's prospect in February with the aim of extending the mineralization system defined in late 2021 (including Reverse Circulation (RC) intersections of 5m @ 6.82g/t Au from 130m AHRC0825). New results, effectively provide a strike length increase of 600m in both the north and south directions and include: 4m @ 0.68g/t Au from 64m AHAC0597, 4m @ 0.47g/t Au from 84m AHAC0536, 4m @ 0.41g/t Au from 130m AHAC0541. In addition, an intersection of 4m @ 0.33g/t from 56m was returned in basalts and sediments in AC hole AHAC0628 drilled 2km to the east of Bob's on an access track. Further work is planned to investigate this standalone anomaly where drilling along the track remains widely spaced.Breakeven Date Change • Mar 29No longer forecast to breakevenThe analyst covering Saturn Metals no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$119.7m in 2024. New forecast suggests the company will make a loss of AU$1.00m in 2024.お知らせ • Jan 30Saturn Metals Limited Provides Exploration Drilling Results of Apollo Hill Gold ProjectSaturn Metals Limited provided results from reconnaissance AC drilling across its 100% owned, 1,000km2 Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian Goldfields. Regional exploration drilling completed towards the end of the 2021 field season have highlighted three new prospects along strike of the Apollo Hill Mineral Resource (35.9Mt @ 0.8g/t Au for 944,000 oz of gold 1). Significant intersections include: 13m @ 1.32g/t Au from 56m including 4m @ 4.31g/t Au from 56m AHAC0464 at the Aquarius Prospect, 12m @ 0.74g/t Au from 48m including 4m @ 1.36g/t Au from 56m AHAC0444 at the Casper Prospect and 4m @ 0.47g/t Au from 44m AHAC0477 and 8m @ 0.36g/t Au from 44m AHRC0478 (two holes drilled 400m apart on a single regional drill line) at the Hercules Prospect. Results are located on a major geological corridor that extends from Apollo Hill, highlighting the potential for additional discovery. Drill holes and drill lines remain widely spaced with drilling and results open in multiple directions. In all instances mineralization is associated with prospective geology (quartz veining and shearing in bed rock). A 20,000m regional AC drilling program is underway across the greater Apollo Hill land package and assays are pending for approximately 30 holes, totaling 1,500m, completed to date.お知らせ • Jan 28Saturn Metals Limited Announces Significant Results from Initial RC Drilling at Bob's Prospect Adjacent to Its Apollo Hill Deposit Within the 100% Owned Apollo Hill Gold ProjectSaturn Metals Limited announced significant results from initial RC drilling at Bob's Prospect adjacent to its Apollo Hill deposit within the 100% owned Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian Goldfields. This drilling is part of the Company's strategy to find complementary deposits to the soon to be upgraded Apollo Hill Mineral Resource which currently stands at 944,000 ounces1. Importantly, newly defined higher-grade gold vectors remain open at depth and down plunge. Results highlight a gold target of significant strike length with several areas also showing promising thicknesses. Figure 1 also shows an inset simplified plan view of the current mineralisation footprint relative to the Apollo Hill Mineral Resource footprint; the Bob's anomaly is of considerable scale.お知らせ • Nov 25Saturn Metals Limited announced that it expects to receive AUD 8 million in funding from Dundee CorporationSaturn Metals Limited announced a private placement of 16,666,667 common shares at a price of AUD 0.48 per share for gross proceeds of AUD 8,000,000 on November 25, 2021. The transaction will include participation from new and existing Australian and Overseas institutional and professional investors including Dundee Corporation and its associates for 2,833,333 shares. The competition of 13,833,334 shares are expected to be done on December 2, 2021 and 2,833,333 shares on December 3, 2021.分析記事 • Aug 06We Think Saturn Metals (ASX:STN) Needs To Drive Business Growth CarefullyEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...Breakeven Date Change • Aug 03Forecast to breakeven in 2024The analyst covering Saturn Metals expects the company to break even for the first time. New forecast suggests the company will make a profit of AU$119.7m in 2024. Average annual earnings growth of 70% is required to achieve expected profit on schedule.お知らせ • Jul 14Saturn Metals Limited Announces Gold Results Extend Apollo Hill SouthSaturn Metals Limited announced further significant results from ongoing reverse circulation (RC) drilling at the Apollo Hill deposit within its 100%-owned Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian goldfields. This drilling is a key part of the Company's ongoing strategy to grow the Apollo Hill Mineral Resource, which was upgraded to 944,000 ounces on 28 January 20211. Another resource upgrade is planned for later in 2021 utilising the results from the next 10,000m of drilling planned across the Apollo tenements and the 32,000m already completed between January and May. New results such as 18m @ 2.72g/t Au from 89m including 9m @ 4.71g/t Au from 95m in hole AHRC0774 further define the continuity of higher-grade plunging shoots on the southern Apollo Hill corridor. Assays remain pending for several holes in important down plunge positions on this sizeable (400m long) shoot. Strong results including 27m @ 0.51g/t from 50m in AHRC0731 and 4m @ 0.55g/t Au from 92m in hole AHRC0735 have further extended the southern Apollo Hill corridor. These step out intersections are located 300m south and 1.3km south of the Tefnut Zone respectively. This provides an exciting new target for ongoing exploration. Drilling also remains open to the north adjacent and parallel to Apollo Hill where any additional discovery has the potential to expand the pit shell constraining the existing mineral resource. Further extensional drilling is being planned across the deposits expanding frontiers. In addition, intersections including 8m @ 5.62g/t Au from 141m in hole AHRC0709 and 4m @ 6.00g/t Au from 98m in hole AHRC0711, returned at the Ra Zone, further demonstrate the exploration potential beneath the existing Mineral Resource. Today's results complement excellent assays reported in March, April, May and June including: 21m @ 1.82g/t Au from 57m - AHRC0646; 8m @ 9.47g/t Au from 102m - AHRC0647; 23m @ 1.74g/t Au from 49m including 8m @ 3.20g/t Au from 53m - AHRC0690; 10m @ 4g/t Au from 89m - AHRC0766. HIGHLIGHTS: Thick, shallow, and higher-grade intersections from recent reverse circulation drilling include: 18m @ 2.72g/t Au from 89m including 9m @ 4.71g/t Au from 95m AHRC0774; 13m @ 3.60g/t Au from 141m including 8m @ 5.62g/t Au from 141m AHRC0709; 4m @ 6.00g/t Au from 88m AHRC0711; 10m @ 1.01 g/t Au from 43m AHRC0730; 3m @ 6.24g/t Au from 141m AHRC0754. Results continue to develop coherent zones of mineralisation and higher-grade plunging shoots on the Southern Apollo Hill Corridor. Thick and higher-grade intersections were returned in the Ra Zone beneath the January 2021 Mineral Resource (8m @ 5.62g/t u in AHRC0709 and 4m @ 6.00g/t Au in AHRC0711). Step out exploration intersections including 27m @ 0.51g/t from 50m in AHRC0731 and 4m @ 0.55g/t Au from 92m in hole AHRC0735 Au have extended mineralisation an additional 1.3km south of the Tefnut Zone and further work is now planned along this lengthened corridor. Intercepts further emphasise the potential to grow Apollo Hill's Mineral Resource of 35.9Mt @ 0.8g/t Au for 944,000 oz of gold1. Assays remain pending for an additional 45 RC drill holes (7,400m) drilled to date across the Apollo Hill deposit.Breakeven Date Change • Jul 01Forecast to breakeven in 2024The analyst covering Saturn Metals expects the company to break even for the first time. New forecast suggests the company will make a profit of AU$128.5m in 2024. Average annual earnings growth of 66% is required to achieve expected profit on schedule.お知らせ • Jun 22Saturn Metals Limited Announces Commencement of Diamond Drilling At the West Wyalong Gold Project in New South WalesSaturn Metals Limited announced the commencement of diamond drilling at the West Wyalong Gold Project in New South Wales. The company is joint venturing into the 91km2 brownfields EL8815 exploration tenement over the highly prospective historic West Wyalong Gold Field. West Wyalong is located in the well-endowed Lachlan Fold Belt, host to major gold deposits including Evolution Mining's 7.4Moz Resource Cowal Mine1 and Newcrest Mining's Cadia Valley Operations. HIGHLIGHTS: Initial focus of exploration is the 2km long high-grade Mallee Bull Reef within the long forgotten West Wyalong Goldfield (historic production of 439,000oz Au at 36g/t Au (a1 GS1928/007 p42). No underground development or modern exploration is known to have occurred on the Mallee Bull Reef line since 1915 when a decline in production was synchronous with the onset of World War One. Saturn's program is the first modern test of this excellent opportunity. An initial 2,200m of planned diamond drilling is underway in four holes designed to target high grade plunge extensions from where historic face samples of over 155 g/t Au (5oz per tonne) and multiple lodes are noted. Drilling targets the Mallee Bull structure beneath historic workings, which are shallow by modern standards. Production grades of up to 55g/t Au (a2 GS1928/007 p61) were reported in many of the lower levels and no extensional exploration has been undertaken. A program of four diamond holes for 2,200m is currently underway as an initial test of concept. Drilling is initially focusing on the Mallee Bull Reef line which historically produced over 128,000oz at 50g/t Au up to 1915. The drill program is anticipated to take approximately 45 days to complete before processing of diamond core and dispatch to the laboratory for assay.お知らせ • Jun 09Saturn Metals Limited Announces Further Significant Results from Ongoing Reverse Circulation Drilling At the Apollo Hill DepositSaturn Metals Limited announced further significant results from ongoing reverse circulation drilling at the Apollo Hill deposit within its 100%-owned Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian goldfields. This drilling is a key part of the Company's ongoing strategy to grow the Apollo Hill Mineral Resource, which was upgraded to 944,000 ounces on 28 January 2021. Another resource upgrade is planned for later in 2021 utilising the results from the next 20,000m of drilling planned across the Apollo tenements and the 29,000m already completed between January and May 2021. The new results effectively merge mineralisation into one continuous southern Apollo Hill extensional corridor between the Ra and Tefnut zones over a 1km strike length, demonstrating clear continuity between the drill sections. These results will provide a strong foundation for the next resource upgrade planned for later in 2021. Importantly, drilling remains open to the south, and to the north adjacent and parallel to Apollo Hill where any additional discovery has the potential to expand the pit shell constraining the existing mineral resource. Further extensional drilling is being planned. These results complement excellent assays reported in March, April and May including: 21m @ 1.82g/t Au from 57m - AHRC0646; 8m @ 9.47g/t Au from 102m - AHRC0647; and 23m @ 1.74g/t Au from 49m including 8m @ 3.20g/t Au from 53m - AHRC0690. Importantly, multiple higher-grade intersections are now evident throughout the extensional corridor's strike length.Executive Departure • May 14Company Secretary has left the companyOn the 3rd of May, Ryan Woodhouse's tenure as Company Secretary ended after 3.9 years in the role. We don't have any record of a personal shareholding under Ryan's name. Ryan is the only executive to leave the company over the last 12 months.分析記事 • May 12Analysts Expect Breakeven For Saturn Metals Limited (ASX:STN) Before LongWe feel now is a pretty good time to analyse Saturn Metals Limited's ( ASX:STN ) business as it appears the company may...Recent Insider Transactions Derivative • Apr 09MD & Director exercised options to buy AU$1.3m worth of stock.On the 6th of April, Ian Bamborough exercised options to buy 3m shares at a strike price of around AU$0.20, costing a total of AU$600k. This transaction amounted to 180% of their direct individual holding at the time of the trade. Since June 2020, Ian has owned 1.56m shares directly. Company insiders have collectively bought AU$800k more than they sold, via options and on-market transactions, in the last 12 months.分析記事 • Mar 02Will Saturn Metals (ASX:STN) Spend Its Cash Wisely?Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...Is New 90 Day High Low • Feb 17New 90-day low: AU$0.40The company is down 43% from its price of AU$0.69 on 19 November 2020. The Australian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 21% over the same period.お知らせ • Feb 04Saturn Metals Limited Announce Further Significant Results from Ongoing RC Drilling at the Apollo Hill Deposit Within Its 100%-Owned Apollo Hill Gold ProjectSaturn Metals Limited announceD further significant results from ongoing RC drilling at the Apollo Hill deposit within its 100%-owned Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian goldfields. This drilling is a key part of the Company's ongoing strategy to grow the Apollo Hill Mineral Resource, which was upgraded to 944,000 ounces on 28 January 20211. Another resource upgrade is planned for later in 2021 after considering results from the next 50,000m of planned drilling across the Apollo Gold camp. Figure 1 shows a simplified geological cross-section of recent extensional and infill results in the central area of the Apollo Hill deposit. Strong results such as 15m @ 2.90g/t Au from 79m including 7m @ 3.84g/t Au from 87m (AHRC0502) are seen in a shallow extensional position beneath the eastern resource pit shell wall. In addition, AHRC0502 also returned an intersection of 7m @ 1.29g/t Au from only 6m depth within the pit shell showing scope for improvement of the model in this area. In addition to the highlighted intersections on page 1, other strong intersections include: 19m @ 0.98g/t Au from 160m including 6m @ 1.98g/t Au from 173m - AHRC0493, 46m @ 0.47g/t Au from 134m including 7m @ 1.1g/t Au from 135m - AHRC0480, 20m @ 0.79g/t Au from 91m including 5m @ 1.69 g/t Au from 91m - AHRC0470, 11m @ 1.09g/t Au from 58m - AHRC0469, 10m @ 0.87g/t Au from 177m including 5m @ 1.53g/t Au from 177m - AHRC0490, 11m @ 1.07g/t Au from 58m - AHRC0493, 12m @ 1.12g/t Au from 241m - AHRC0504, 8m @ 1.01g/t Au from 71m - AHRC0500, 7m @ 1.44g/t Au from 174m - AHRC0488, 6m @ 1.94g/t Au from 224m - AHRC0497, 9m @ 0.73g/t Au from surface - AHRC0498.お知らせ • Jan 29Saturn Metals Limited Completes an Updated Mineral Resource Estimate for the Apollo Hill Gold Deposit At Its 100%-Owned Apollo Hill Gold Project Near Leonora in the Western Australian GoldfieldsSaturn Metals Limited announce that it has completed an updated Mineral Resource estimate for the Apollo Hill gold deposit at its 100%-owned Apollo Hill Gold Project near Leonora in the Western Australian Goldfields. The upgraded Mineral Resource totals 36 Mt at 0.8 g/t Au for 944,000 oz. This is a significant increase in contained ounces from the previously published resource. It incorporates the results of a highly successful 265-hole, 55,000 m extensional and in-fill drilling campaign completed since the last Mineral Resource upgrade which was published in late October 2019. The growth in the Apollo Hill Mineral Resource over the past 12 months has been driven in equal parts by the discovery of additional shallower mineralisation in the hanging-wall zone and importantly by further drilling beneath the base of the previous resource. Furthermore, shallow mineralisation identified on the Ra - Tefnut trend has had a positive impact on the model. Saturn's improving knowledge of the geological controls at the deposit and refinements in the resource modelling techniques have continued to have a positive influence.Is New 90 Day High Low • Jan 28New 90-day low: AU$0.45The company is down 37% from its price of AU$0.72 on 30 October 2020. The Australian market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 27% over the same period.Is New 90 Day High Low • Jan 12New 90-day low: AU$0.63The company is down 17% from its price of AU$0.76 on 14 October 2020. The Australian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 22% over the same period.Is New 90 Day High Low • Dec 14New 90-day low: AU$0.65The company is down 11% from its price of AU$0.72 on 15 September 2020. The Australian market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 13% over the same period.お知らせ • Nov 18Saturn Metals Limited Announces Further Significant Results from Ongoing RC Drilling At the Apollo Hill DepositSaturn Metals Limited announced further significant results from ongoing RC drilling at the Apollo Hill deposit within its 100%-owned Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian goldfields. This drilling is a key part of the company's ongoing strategy to grow the Apollo Hill 781,000oz Mineral Resource. A resource upgrade is targeted for late 2020, incorporating results from over 50,000m of drilling conducted since October 2019 when the resource estimate was last updated. Saturn will provide further information from the exploration and resource drilling at Apollo Hill as results are received and analysed.Price Target Changed • Oct 29Price target raised to AU$1.52Up from AU$0.015, the current price target is provided by 1 analyst. The new target price is 117% above the current share price of AU$0.70. As of last close, the stock is up 79% over the past year.お知らせ • Oct 13Saturn Metals Limited Announces Multiple Gold Intersections Extend Apollo HillSaturn Metals Limited announced further positive results from ongoing RC drilling at the Apollo Hill deposit within its 100%-owned Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian goldfields. This drilling is a key part of the Company's strategy to grow the Apollo Hill 781,000oz Mineral Resource. A further resource upgrade is targeted for late 2020, incorporating results from drilling conducted since October 2019 when the resource estimate was last updated. A simplified geological cross section of extensional hanging-wall results in the north of the Apollo Hill deposit where a large and robust mineralised system is becoming increasingly apparent. A simplified geological cross section of extensional main lode and hanging-wall results in the south-central area of the Apollo Hill deposit. Saturn Metals Project Areas: Apollo Hill (29.15°S and 121.68°E) is located approximately 60km south-east of Leonora in the heart of WA's goldfields region. The deposit and the Apollo Hill project are 100% owned by Saturn Metals and are surrounded by good infrastructure and several significant gold deposits. The Apollo Hill Project has the potential to become a large tonnage, simple metallurgy, low strip open pit mining operation. In addition, Saturn Metals has now secured a second quality gold exploration project in Australia. The Company has an option to earn an 85% joint venture interest in the West Wyalong Project, which represents a high-grade vein opportunity on the highly gold prospective Gilmore suture within the famous Lachlan Fold belt of NSW. Competent Persons Statement Resource: The information for the Mineral Resource included in this report is extracted from the report entitled (Apollo Hill Gold Resource Upgraded to 781,000oz) created on 14 October 2019 and is available to view on the Saturn Metals Limited website. Saturn Metals Limited confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. Saturn Metals Ltd. confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement. Competent Persons Statement Exploration: The information in this report that relates to exploration targets and exploration results is based on information compiled by Ian Bamborough, a Competent Person who is a Member of The Australian Institute of Geoscientists. Ian Bamborough is a fulltime employee and Director of the Company, in addition to being a shareholder in the Company. Ian Bamborough has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the `Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Ian Bamborough consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.お知らせ • Oct 01Saturn Metals Limited Announces Further Positive Results from Ongoing RC Drilling at the Apollo Hill Deposit Within its 100%-Owned Apollo Hill Gold ProjectSaturn Metals Limited announced further positive results from ongoing RC drilling at the Apollo Hill deposit within its 100%-owned Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian goldfields. This drilling at Apollo Hill is a key part of the Company's strategy to grow the Project's 781,000oz Mineral Resource. A further resource upgrade is targeted for late 2020, incorporating results from drilling conducted since October 2019 when the resource estimate was last updated. Results were also received for two RC holes at Calypso that targeted an implied north-east, south-west trending alluvial channel interpreted from a recent ground seismic study and considered to be a potential host to Calypso gold mineralisation. Both holes successfully intersected alluvial gravels and confirmed potential for Calypso style mineralisation, with hole CARC0005 returning 4m @ 0.21g/t Au from 92m, approximately 200m to the south of a previous gold intercepts. A 20 hole 2,000m aircore drilling program is now planned over the area to follow-up these results. The Company will provide further information from the exploration and resource drilling at Apollo Hill as results are received and analysed. This announcement has been approved for release by the Saturn Metals Limited Board of Directors. Saturn Metals Project Areas Apollo Hill (29.15°S and 121.68°E) is located approximately 60km south-east of Leonora in the heart of WA's goldfields region (Figure 3). The deposit and the Apollo Hill project are 100% owned by Saturn Metals and are surrounded by good infrastructure and several significant gold deposits. The Apollo Hill Project has the potential to become a large tonnage, simple metallurgy, low strip open pit mining operation. In addition, Saturn Metals has now secured a second quality gold exploration project in Australia. The Company has an option to earn an 85% joint venture interest in the West Wyalong Project (Figure 4), which represents a high-grade vein opportunity on the highly gold prospective Gilmore suture within the famous Lachlan Fold belt of NSW. Competent Persons Statement Resource: The information for the Mineral Resource included in this report is extracted from the report entitled (Apollo Hill Gold Resource Upgraded to 781,000oz) created on 14 October 2019 and is available to view on the Saturn Metals Limited website. Saturn Metals Limited confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. Saturn Metals Ltd. confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement. Competent Persons Statement Exploration The information in this report that relates to exploration targets and exploration results is based on information compiled by Ian Bamborough, a Competent Person who is a Member of The Australian Institute of Geoscientists. Ian Bamborough is a fulltime employee and Director of the Company, in addition to being a shareholder in the Company. Ian Bamborough has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the `Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Ian Bamborough consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.お知らせ • Sep 14Saturn Metals Limited announced that it expects to receive AUD 13.742926 million in fundingSaturn Metals Limited (ASX:STN) announced that it will issue 20,511,830 common shares at a price of AUD 0.67 per share for gross proceeds of AUD 13,742,926.10 on September 14, 2020. The transaction will include participation from new and existing Australian and overseas institutional investors. The shares are expected to be issued on September 22, 2020.株主還元STNAU Metals and MiningAU 市場7D11.5%-1.7%0.08%1Y69.8%54.5%3.1%株主還元を見る業界別リターン: STN過去 1 年間で54.5 % の収益を上げたAustralian Metals and Mining業界を上回りました。リターン対市場: STN過去 1 年間で3.1 % の収益を上げたAustralian市場を上回りました。価格変動Is STN's price volatile compared to industry and market?STN volatilitySTN Average Weekly Movement13.5%Metals and Mining Industry Average Movement12.2%Market Average Movement10.4%10% most volatile stocks in AU Market17.6%10% least volatile stocks in AU Market4.3%安定した株価: STN 、 Australian市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: STNの 週次ボラティリティ ( 13% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2017n/aIan Bamboroughsaturnmetals.com.auサターン・メタルズ社はオーストラリアで貴金属の探鉱を行っている。主に金鉱脈を探査している。同社の主要資産は、西オーストラリア州イースタン・ゴールドフィールド地区に位置する、3つの採掘リースと66の水および/またはインフラ目的の雑多なライセンスを含む、約1,000平方キロメートルの面積をカバーする20の有望な金探査ライセンスから成るアポロ・ヒル・プロジェクトである。サターン・メタルズ社は2017年に法人化され、オーストラリアのウェスト・パースに拠点を置いている。もっと見るSaturn Metals Limited 基礎のまとめSaturn Metals の収益と売上を時価総額と比較するとどうか。STN 基礎統計学時価総額AU$300.75m収益（TTM）-AU$5.51m売上高(TTM)n/a0.0xP/Sレシオ-53.1xPER（株価収益率STN は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計STN 損益計算書（TTM）収益AU$0売上原価AU$0売上総利益AU$0その他の費用AU$5.51m収益-AU$5.51m直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）-0.01グロス・マージン0.00%純利益率0.00%有利子負債／自己資本比率0%STN の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/25 10:51終値2026/05/25 00:00収益2025/12/31年間収益2025/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Saturn Metals Limited 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Paul HowardCanaccord Genuity
分析記事 • May 12Companies Like Saturn Metals (ASX:STN) Are In A Position To Invest In GrowthEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
New Risk • Apr 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 25% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (41% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$16m net loss in 2 years). Share price has been volatile over the past 3 months (14% average weekly change).
New Risk • Mar 12New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$25m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$25m free cash flow). Earnings have declined by 23% per year over the past 5 years. Shareholders have been substantially diluted in the past year (77% increase in shares outstanding). Revenue is less than US$1m (AU$684k revenue, or US$488k).
Board Change • Dec 08Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Adrian Goldstone was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions Derivative • Nov 07Independent Non-Executive Chairman exercised options to buy AU$347k worth of stock.On the 6th of November, Brett Lambert exercised options to buy 700k shares at a strike price of around AU$0.28, costing a total of AU$197k. This transaction amounted to 350% of their direct individual holding at the time of the trade. Since June 2025, Brett has owned 200.00k shares directly. Company insiders have collectively bought AU$242k more than they sold, via options and on-market transactions, in the last 12 months.
お知らせ • Oct 16Saturn Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 45 million.Saturn Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 45 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 69,310,345 Price\Range: AUD 0.58 Discount Per Security: AUD 0.0348 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 8,275,862 Price\Range: AUD 0.58 Discount Per Security: AUD 0.0348 Transaction Features: Subsequent Direct Listing
分析記事 • May 12Companies Like Saturn Metals (ASX:STN) Are In A Position To Invest In GrowthEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
New Risk • Apr 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 25% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (41% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$16m net loss in 2 years). Share price has been volatile over the past 3 months (14% average weekly change).
New Risk • Mar 12New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$25m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$25m free cash flow). Earnings have declined by 23% per year over the past 5 years. Shareholders have been substantially diluted in the past year (77% increase in shares outstanding). Revenue is less than US$1m (AU$684k revenue, or US$488k).
Board Change • Dec 08Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Adrian Goldstone was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions Derivative • Nov 07Independent Non-Executive Chairman exercised options to buy AU$347k worth of stock.On the 6th of November, Brett Lambert exercised options to buy 700k shares at a strike price of around AU$0.28, costing a total of AU$197k. This transaction amounted to 350% of their direct individual holding at the time of the trade. Since June 2025, Brett has owned 200.00k shares directly. Company insiders have collectively bought AU$242k more than they sold, via options and on-market transactions, in the last 12 months.
お知らせ • Oct 16Saturn Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 45 million.Saturn Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 45 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 69,310,345 Price\Range: AUD 0.58 Discount Per Security: AUD 0.0348 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 8,275,862 Price\Range: AUD 0.58 Discount Per Security: AUD 0.0348 Transaction Features: Subsequent Direct Listing
お知らせ • Oct 08Saturn Metals Limited, Annual General Meeting, Nov 28, 2025Saturn Metals Limited, Annual General Meeting, Nov 28, 2025. Location: at the quest kings park, 54 kings park road, west perth, western australia 6005., Australia
お知らせ • Oct 04Saturn Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 45 million.Saturn Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 45 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 69,310,345 Price\Range: AUD 0.58 Discount Per Security: AUD 0.0348 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 8,275,862 Price\Range: AUD 0.58 Discount Per Security: AUD 0.0348 Transaction Features: Subsequent Direct Listing
分析記事 • Sep 12We're Keeping An Eye On Saturn Metals' (ASX:STN) Cash Burn RateWe can readily understand why investors are attracted to unprofitable companies. For example, Saturn Metals ( ASX:STN...
お知らせ • May 23Saturn Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 23 million.Saturn Metals Limited has completed a Follow-on Equity Offering in the amount of AUD 23 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 77,221,220 Price\Range: AUD 0.215 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 29,755,525 Price\Range: AUD 0.215 Transaction Features: Subsequent Direct Listing
New Risk • Apr 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 19% per year over the past 5 years. Shareholders have been substantially diluted in the past year (73% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$125.7m market cap, or US$80.5m).
お知らせ • Mar 31+ 1 more updateSaturn Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 2 million.Saturn Metals Limited has filed a Follow-on Equity Offering in the amount of AUD 2 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 9,302,326 Price\Range: AUD 0.215
分析記事 • Mar 14We Think Saturn Metals (ASX:STN) Needs To Drive Business Growth CarefullyEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
New Risk • Mar 14New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$12m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$12m free cash flow). Earnings have declined by 19% per year over the past 5 years. Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Revenue is less than US$1m (AU$59k revenue, or US$37k). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$75.7m market cap, or US$47.6m).
お知らせ • Jan 20+ 1 more updateSaturn Metals Limited Appoints Grant Dyker as Chief Financial OfficerSaturn Metals Limited announced the key appointments of Mr. Grant Dyker as Chief Financial Officer. The appointment further strengthen Saturn's senior leadership team as it advances its Apollo Hill Gold Project in WA towards production. Mr. Dyker has over two decades of senior executive experience across the Australian resource sector, having previously served as CFO for a number ASX-listed resource companies spanning a range of commodities but focusing on gold. He has a strong track record in successfully leading and managing major project and corporate financing initiatives, encompassing project and corporate debt funding totalling AUD 1.2 billion, and participated directly in the construction of six separate projects, including Avoca's Higginsville Mine and Dacian Gold's Mt Morgan's Mine. This expertise will be invaluable to Saturn as the Company embarks on the financing and development of Apollo Hill.
New Risk • Jan 16New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 38% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (38% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (AU$68.0m market cap, or US$42.3m).
New Risk • Dec 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 20% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (38% increase in shares outstanding). Market cap is less than US$100m (AU$54.1m market cap, or US$34.4m).
New Risk • Oct 16New major risk - Revenue and earnings growthEarnings have declined by 20% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 20% per year over the past 5 years. Shareholders have been substantially diluted in the past year (91% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$84.9m market cap, or US$56.7m).
お知らせ • Oct 04Saturn Metals Limited, Annual General Meeting, Nov 26, 2024Saturn Metals Limited, Annual General Meeting, Nov 26, 2024. Location: at the quest kings park, 54 kings park road, west perth, western australia 6005., Australia
New Risk • Jul 14New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 74% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (74% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$2.2m net loss in 2 years). Market cap is less than US$100m (AU$50.3m market cap, or US$34.2m).
New Risk • Jul 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$8.2m free cash flow). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$2.2m net loss in 2 years). Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (39% increase in shares outstanding). Market cap is less than US$100m (AU$40.9m market cap, or US$27.3m).
Price Target Changed • Jul 01Price target decreased by 17% to AU$0.37Down from AU$0.44, the current price target is provided by 1 analyst. New target price is 118% above last closing price of AU$0.17. Stock is down 5.6% over the past year. The company posted a net loss per share of AU$0.025 last year.
Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Non-Executive Director Adrian Goldstone was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
分析記事 • Apr 23We're Keeping An Eye On Saturn Metals' (ASX:STN) Cash Burn RateWe can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
New Risk • Mar 16New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$8.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$8.2m free cash flow). Revenue is less than US$1m (AU$7.1k revenue, or US$4.6k). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$2.2m net loss in 3 years). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (48% increase in shares outstanding). Market cap is less than US$100m (AU$38.0m market cap, or US$25.0m).
お知らせ • Feb 29Saturn Metals Limited Announces Resignation of Michelle Blandford as Joint Company SecretaryThe Board of Saturn Metals Limited announced the resignation of Mrs. Michelle Blandford as Joint Company Secretary, effective 29 February 2024. Mrs. Blandford provided Company Secretarial services to Saturn whilst current Company Secretary, Mrs. Natasha Santi was on maternity leave.
New Risk • Feb 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$2.2m net loss in 3 years). Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (47% increase in shares outstanding). Market cap is less than US$100m (AU$30.2m market cap, or US$19.7m).
Breakeven Date Change • Jan 18No longer forecast to breakevenThe analyst covering Saturn Metals no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$83.7m in 2026. New forecast suggests the company will make a loss of AU$2.20m in 2026.
New Risk • Nov 29New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 57% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (57% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$2.0m net loss in 2 years). Market cap is less than US$100m (AU$27.5m market cap, or US$18.3m).
New Risk • Nov 22New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$8.7m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$8.7m free cash flow). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$2.0m net loss in 2 years). Shareholders have been diluted in the past year (46% increase in shares outstanding). Market cap is less than US$100m (AU$26.6m market cap, or US$17.5m).
お知らせ • Oct 06Saturn Metals Limited, Annual General Meeting, Nov 29, 2023Saturn Metals Limited, Annual General Meeting, Nov 29, 2023, at 14:30 W. Australia Standard Time. Location: the Country Women's Association of WA, 1176 Hay Street, West Perth Western Australia Australia
お知らせ • Sep 08Saturn Metals Limited Appoints Michelle Blandford as Joint Company SecretaryThe Board of Saturn Metals Limited announced the appointment of Mrs. Michelle Blandford as Joint Company Secretary effective 8 September 2023. Mrs. Blandford will provide Company Secretarial services to Saturn whilst current Company Secretary, Mrs. Natasha Santi is on maternity leave. Mrs. Blandford brings a strong governance and administration background with 25 years' administration experience, working in both exploration and mining companies in the commodities of gold and uranium. She is currently the Company Secretary at Australian Potash Limited and has previously held positions with Agincourt Resources Limited, Nova Energy Limited, Navigator Resources Limited and Breaker Resources NL. She is a Chartered Secretary and member of the Governance Institute of Australia.
分析記事 • Jul 26We Think Saturn Metals (ASX:STN) Needs To Drive Business Growth CarefullyJust because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Price Target Changed • Jul 16Price target decreased by 16% to AU$0.44Down from AU$0.52, the current price target is an average from 2 analysts. New target price is 167% above last closing price of AU$0.17. Stock is down 45% over the past year. The company is forecast to post a net loss per share of AU$0.014 next year compared to a net loss per share of AU$0.019 last year.
Recent Insider Transactions • May 17MD & Director recently bought AU$97k worth of stockOn the 15th of May, Ian Bamborough bought around 500k shares on-market at roughly AU$0.19 per share. This transaction amounted to 8.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Ian's only on-market trade for the last 12 months.
Price Target Changed • Mar 24Price target decreased by 28% to AU$0.60Down from AU$0.83, the current price target is provided by 1 analyst. New target price is 275% above last closing price of AU$0.16. Stock is down 59% over the past year. The company is forecast to post a net loss per share of AU$0.01 next year compared to a net loss per share of AU$0.019 last year.
お知らせ • Feb 08Saturn Metals Limited Provides an Update on Apollo Hill Gold Mineral ResourceSaturn Metals Limited announced that a 5,000 meter 75 hole RC drilling program is underway to create opportunities to further expand and develop the 1.47Moz1 Apollo Hill Gold Mineral Resource. Drilling is planned to target both northern and central parts of the gold deposit at relatively shallow depths average hole depth of program only 65 meter. In the central area of the deposit Plate 1 a section of representative geology is being targeted with a higher density drill program to outline material for Saturn's planned bulk sample and pilot heap leach process. In the north of the deposit, previously reported step out intersections included 7m @ 11.18g/t Au from 172m in AHRC0813 and several holes are planned to explore for extensional mineralisation outside of the current Mineral Resource. Apollo Hill (29.15°S and 121.68°E) is located approximately 60km south-east of Leonora in the heart of WA's goldfields region. The deposit and the Apollo Hill project are 100% owned by Saturn and are surrounded by good infrastructure and several significant gold deposits. The Apollo Hill Project has the potential to become a large tonnage, simple metallurgy, low strip open pit mining operation. In addition, Saturn has a second quality gold exploration project in Australia. The Company has an option to earn an 85% joint venture interest in the West Wyalong Project, which represents a high-grade vein opportunity on the highly gold prospective Gilmore suture within the famous Lachlan Fold belt of NSW.
お知らせ • Dec 23Saturn Metals Limited Announces Significant Gold Intersections in Step Out Diamond Drilling At Apollo HillSaturn Metals Limited announced results from step out diamond and RC drilling at the Apollo Hill Deposit at its 100% owned, 1,000km2 Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian Goldfields. Drilling successfully targeted down dip extensions to the Apollo Hill Deposit with a bold step out from the current mineral resource model. Several zones of significant mineralisation were intersected over a 400- metre downhole width in pre-collar and diamond tail drilling. In addition to results listed above other significant intersections include 1m @ 7.31g/t Au from 255m and 1m @ 4.98g/t Au from 299m in hole AHRCDD0017 Mineralisation style in the intersections is consistent with the greater Apollo Hill gold system and shows strong extension potential. Drilling intersected the Apollo Hill gold structure as predicted which is useful for ongoing targeting of higher-grade zones in other favourable rock types. HIGHLIGHTS: Intersections up to 200m down dip from the 1.47Moz Apollo Hill Mineral Resource 1 include: 5.8m @ 2.7g/t Au from 322.4m (Hanging Wall Lode) AHRCDD0482; 11.6m @ 1.39g/t Au from 641.4m (Main Lode) AHRCDD0482. Multiple zones of gold mineralisation have been returned in assay; Results indicate that the gold system is open and potential exists for step change discovery with ongoing targeting.
Breakeven Date Change • Nov 16No longer forecast to breakevenThe analyst covering Saturn Metals no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$77.6m in 2025. New forecast suggests the company will make a loss of AU$1.39m in 2025.
お知らせ • Oct 19Saturn Metals Limited Announces Results from Step Out AC Drilling at the Calypso ProspectSaturn Metals Limited announced results from step out AC drilling at the Calypso Prospect at its 100% owned, 1,000km2 Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian Goldfields. Calypso sits within the Apollo Hill Super Structure where previous drilling discovered thick high grade gold intersections in alluvial gravels. Follow up drilling at the time did not immediately identify the source of themineralisation in the bed rock. However, the angular nature of the alluvial gravel clasts associated with the gold intersections indicated that they were likely only transported a short distance. This suggests that the gold source is reasonably close. New wide spaced AC lines have provided a successful 200m-300m step out from the gravel gold intercepts and have identified a nearby primary rock source of gold. Gold is associated with quartz veining, shearing and granitic porphyry intrusive rocks (all being widely associated with significant gold deposits across the Goldfields). Follow up infill and extensional AC drilling is now underway to target a higher-grade basement source for the excellent alluvial intercepts. Highlights: Wide spaced Air Core (AC) drilling around a high-grade alluvial gold intersection of 9m @ 8.67g/t Au from 116m in BBRC00031 at Calypso has discovered thick zones of bedrock gold mineralisation including: 16m @ 0.54g/t Au from 92m AHAC1347; 12m @ 0.49g/t Au from 98m including 4m @ 0.91g/t Au from 102m AHAC1431; 8m @ 0.57g/t Au from 88m AHAC1348; 4m @ 0.45g/t Au from 94m AHAC1349. Assays provide a significant step out with the new intersections located 200m-300m along strike of the original anomaly. Opportunity exists to infill drill the bedrock back towards the high-grade alluvial intersection. Mineralisation is also open at depth and along strike. Results sit 3km to the east of the 1.47Moz Apollo Hill Mineral Resource 2 and provide an opportunity for a satellite or add on gold system. A 2,500m, 40 hole follow up AC drill program is planned to further target higher grade opportunities within the system.
分析記事 • Oct 11We Think Saturn Metals (ASX:STN) Needs To Drive Business Growth CarefullyJust because a business does not make any money, does not mean that the stock will go down. For example, although...
お知らせ • Oct 10Saturn Metals Limited, Annual General Meeting, Nov 29, 2022Saturn Metals Limited, Annual General Meeting, Nov 29, 2022, at 14:00 W. Australia Standard Time. Location: Hay Street, West Perth, West Perth Australia
Breakeven Date Change • Oct 01No longer forecast to breakevenThe analyst covering Saturn Metals no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$77.6m in 2025. New forecast suggests the company will make a loss of AU$1.39m in 2025.
お知らせ • Sep 13Saturn Metals Limited Announces Significant Results from AC Drilling at its Hercules Prospect, Apollo Hill Gold ProjectSaturn Metals Limited announced significant results from AC drilling at its Hercules Prospect within its 100% owned, 1,000km2 Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian Goldfields. Gold mineralization at Hercules is controlled within a camp scale ductile shear zone with gold mineralization focused in quartz veins similar to that of other major gold deposits in the region. The core to the gold system is an excellent target for planned follow up RC drilling. Continual near surface mineralization is now confirmed over a shear with a strike length of 2.2km. Further AC drilling is planned to follow the anomaly to the North where drilling along the gold fertile structure remains sparse.
お知らせ • Aug 02Saturn Metals Limited Announces Results from Metallurgical Test Work on Samples of Diamond Core Drilling at the Apollo Hill DepositSaturn Metals Limited announced significant results from metallurgical test work on samples of mineralized material collected from diamond core drilling at the Apollo Hill deposit within its 100%-owned Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian Goldfields. This test work is a key part of the Company's ongoing strategy to grow and progress the Apollo Hill Mineral Resource, which was last upgraded a few months ago to 1.47Moz. Results, as outlined in the `Highlights' section of this report, demonstrate the clear potential to achieve lower processing costs through simpler and scalable treatment options. Lower unit operating costs and strong recovery at lower grades (interpreted as easy digestion of the finer grained gold thought more typical in this grade range) leads to lower cut off grades which allows for the processing of additional mineralised material, improving strip ratios and offering more efficient mining processes and economies of scale. Process Optimisation: Test work was also completed for duplicate samples using conventional tertiary crushing to the same 8mm P100 size. Results from this test work showed that the HPGR crushing route provides a significant 14%-16% upgrade in recovery from conventional tertiary crushing at the 8mm P100 crush size on identical sub-samples. Lowgrade (0.24g/t Au) conventional stage crushed column recovery reported a respectable 69% recovery and near resource grade (0.69g/t Au) conventional stage crushed column recovery reported a still positive 60% recovery (all data listed in Appendix 1). Importantly, results from the 6mm P100 conventional stage crushed column sample (grading 0.60g/t Au) gave an impressive 84% recovery. The high recovery figure for this test and the substantial improvements for the HPGR tests illustrate the importance of leach feed particle size distribution on gold liberation and subsequent cyanidation performance. A tradeoff study is planned based on the reported testwork results to assess gold recovery, capital cost and operating cost of various potential crushing routes as Saturn moves forward with its studies. Low Reagent Use: Cyanide consumption was very low throughout the HPGR focused testwork at an average of only 0.79kg/t. Lime addition was minimal at an average rate of only 0.15 kg/t. These numbers highlight the clean nature of the tested material types and site water and the potential for low reagent usage (lower cost base). Trade-off studies will also be completed on optimising reagents additions versus gold recovery in future evaluations. Strong Percolation after Favorable Agglomeration Results: Efficient percolation results on various rock types across the scaled up HPGR testwork showed an efficient average rate of 10,994 L/m2/hr percolation (slump 4.3%), as compared to an industry acceptable rate of 10,000 L/m2/hr, and where full-scale requirements can be substantially lower again. An average cement addition rate of 3kg/t was utilised for agglomeration with site water to reach the encouraging percolation characteristics. Good percolation results coupled with low agglomeration cement requirements bode well for heap leaching techniques.
お知らせ • Jul 28Saturn Metals Limited Announces Hercules Drill ResultsSaturn Metals Limited announced significant results from Aircore drilling at its Hercules Prospect within its 100% owned, 1,000km2 Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian Goldfields. Gold mineralisation at Hercules is controlled within a camp scale ductile shear zone with gold mineralisation focussed in quartz veins similar to that of other major gold deposits in the region. Targeted Aircore and RC drilling is planned to grow the gold system and target higher grade shoots as part of Saturn's ongoing Regional Exploration program. A total of 4,800m of stage 1 Aircore drilling has been completed at Hercules as part of a wider 20,000m regional program. The information in this report that relates to exploration targets and exploration results is based on information compiled by Phillip Stevenson, a Competent Person who is a Member of The Australian Institute of Mining and Metallurgy. Phillip Stevenson is a fulltime employee of the Company. Phillip Stevenson has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the `Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Phillip Stevenson consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. This document contains exploration results and historic exploration results as originally reported in fuller context in Saturn Metals Limited ASX Announcements, Quarterly Reports and Prospectus - as published on the company's website. Saturn Metals Limited confirms that it is not aware of any new information or data that materially affects the information or results noted. Announcement dates referred to include but are not limited to: 27/01/2022, 28/01/2022, 31/03/2022, 26/04/2022, 19/05/2022, 16/06/2022, 22/06/2022. Apollo Hill (29.15°S and 121.68°E) is located approximately 60km south-east of Leonora in the heart of WA's goldfields region (Figure 4). The deposit and the Apollo Hill project are 100% owned by Saturn and are surrounded by good infrastructure and several significant gold deposits. The Apollo Hill Project has the potential to become a large tonnage, simple metallurgy, low strip open pit mining operation.
お知らせ • Jun 23Saturn Metals Limited Announces Resumption of Exploration Drilling Across Its Apollo Hill Gold ProjectSaturn Metals Limited announced the resumption of exploration drilling across its 100% owned, 1,000km Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian Goldfields. A 20,000m phase of targeted Aircore drilling is now underway across Saturn Metals extensive tenement holding. The planned program will initially target high priority infill and extensional drilling at the Hercules and Artemis Prospects focusing on the large mineralised systems identified earlier in the year. Drilling at both prospects remains widely spaced with some great opportunities at infill drill sites. Drilling will then progress to the greater Apollo Hill Super Structure and Keith Kilkenny Shear where exploration will target highly prospective ground directly adjacent to and along strike of the Apollo Hill Resource. The drill program also targets areas where historical drillholes have not reached sufficient depth to properly test for mineralisation on geological and geophysical interpreted structures. Apollo Hill (29.15°S and 121.68°E) is located approximately 60km south-east of Leonora in the heart of WA's goldfields region. The deposit and the Apollo Hill project are 100% owned by Saturn and are surrounded by good infrastructure and several significant gold deposits. The Apollo Hill Project has the potential to become a large tonnage, simple metallurgy, low strip open pit mining operation. In addition, Saturn has a second quality gold exploration project in Australia. The Company has an option to earn an 85% joint venture interest in the West Wyalong Project, which represents a high-grade vein opportunity on the highly gold prospective Gilmore suture within the famous Lachlan Fold belt of NSW.
お知らせ • Jun 16Saturn Metals Limited Announces Significant Results from Reverse Circulation and Aircore DrillingSaturn Metals Limited announce significant results from Reverse Circulation (RC) and Aircore (AC) drilling across its 100% owned, 1,000km2 Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian Goldfields. Further exploration of the Apollo Hill Super-Structure and regionally gold prospective Keith Kilkenny Shear is developing several important new gold systems. Extensional RC drilling has continued to build on the understating understanding of the mineralisation along Bob's 3.5km strike length with higher gold vectors remaining open for additional drill targeting. In addition, two RC holes have been completed under significant AC intersections at Hercules. Results have been returned for AHRC0837 (4m @ 4.57g/t Au from 54m) in fresh rock indicating that mineralisation is present and open at depth.
お知らせ • May 19Saturn Metals Limited Announces Great New Results At Hercules Gold ProspectSaturn Metals Limited announced significant results from follow up AC drilling across its 100% owned, 1,000km2 Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian Goldfields. Highlights: Regional exploration drilling has discovered a significant zone of gold bearing mineralisation at the recently identified Hercules Prospect, within Saturn Metals' broader Apollo Hill land holdings. Significant Aircore (AC) intersections include: 20m @ 2.27g/t Au from 24m including 8m @ 5.17g/t Au from 24m - AHAC0925; 8m @ 1.06g/t Au from 28m - AHAC0865; 4m @ 1.35g/t Au from 16m - AHAC0696; 4m @ 1.08g/t Au from 16m - AHAC0842. Hercules is located 15km to the south of Saturn's 1.47Moz Apollo Hill Mineral Resource1 on a previously unexplored section of the gold fertile Keith Kilkenny Lineament. Assays received to date have confirmed mineralisation over a 1km strike length. Drilling has been completed over a 3km corridor, with results pending for an additional 103 AC holes and two Reverse Circulation (RC) holes. Several areas of promising geology have been intersected along strike and the associated assay results will be reported as they are returned in the coming weeks. A recent phase of AC drilling stepped out from earlier reported holes AHAC0477 and AHAC0478 (4m @ 0.47g/t Au from 44m and 8m @ 0.36g/t Au from 44m respectivelya). The new drilling intersected several zones of quartz veining and shearing in bed rock with strong sulphides indicating excellent prospectivity for economic mineralisation. Assays have returned several substantial intersections including 20m @ 2.27g/t Au from 24m in hole AHAC0925, which includes 8m @ 5.17g/t Au from 24m. With numerous infill and extension AC assays still pending, this means the full picture is yet to be revealed. Geological observations of the drill chips in these samples along the entire 3km strike length show close similarities to those seen in the samples that have returned significant intersections.
お知らせ • May 03Saturn Metals Limited Announces Apollo Hill Gold Resource Upgraded to 1.47MozSaturn Metals Limited announced that it has completed an updated Mineral Resource estimate for the Apollo Hill gold deposit at its 100%-owned Apollo Hill Gold Project near Leonora in the Western Australian Goldfields. The upgraded Mineral Resource totals 76 Mt at 0.60 g/t Au for 1,469,000 oz. This is a significant increase in contained ounces from the previously published resource. It incorporates the results of a highly successful 286-hole, 31149 m extensional and in-fill drilling campaign completed within the model area after the last Mineral Resource upgrade, which was published in late January 2021, and up until the end of August 2021, when a cut-off date for drilling related resource data was applied. The growth in the Apollo Hill Mineral Resource over the past 15 months has been driven by: The discovery of additional shallower mineralisation in the Southern Apollo Hill corridor, extensional drilling beneath the previous resource shell, and infill drilling within the previous resource shell. The results of metallurgical testing on high quality diamond core which have demonstrated the clear potential to achieve low processing costs through simpler and scalable treatment options. These low unit operating costs have in turn lead to lower cut off grades which have brought additional mineralised material into the whittle pit shells, improved strip ratios andprovided potential for more efficient mining considerations and economies of scale. Saturn's improving knowledge of the geological controls at the deposit and refinements in the resource modelling techniques have continued to have a positive influence. highlights the Mineral Resource block model grade distribution in a SW-NE cross sectional view of the 300 m wide mineralised corridor at the southern end of the deposit. In addition, the diagram shows both the January 2021 Mineral Resource Shell and the new May 2022 Mineral Resource Shell. The mineralized zones become thicker (above the revised lower cut-off grade), and the new Whittle pit shell drives deeper and takes additional mineralisation. Wider mineralised zones ultimately lead to a more efficient mining processes. Also illustrates the pit optimization currently bottoming at 90RL or 280 m below surface. Importantly, a significant portion of the Apollo Hill resource 41 Mt @ 0.58 g/t Au for 760 koz - across the shallow levels of the deposit and pit shell has been declared in Indicated Mineral Resource category, representing 52% of the total Mineral Resource. AMC Consultants Pty Ltd. (AMC) was employed to update the Mineral Resource estimate for the Saturn Metals Ltd. Apollo Hill gold project for reporting in accordance with the JORC Code. The Mineral Resource estimate used all current and appropriate exploration and metallurgical data and information collected up to 29 March 2022 for the project. Apollo Hill (29.15°S and 121.68°E) is located approximately 60 km south-east of Leonora in the heart of WA's goldfields region. The deposit and the Apollo Hill project are 100% owned by Saturn Metals and are surrounded by good infrastructure and several significant gold deposits.
Price Target Changed • May 02Price target increased to AU$0.97Up from AU$0.87, the current price target is provided by 1 analyst. New target price is 155% above last closing price of AU$0.38. Stock is down 8.4% 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$0.019 last year.
Breakeven Date Change • Apr 27No longer forecast to breakevenThe analyst covering Saturn Metals no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$119.0m in 2024. New forecast suggests the company will make a loss of AU$1.06m in 2024.
分析記事 • Apr 13Is Saturn Metals (ASX:STN) In A Good Position To Deliver On Growth Plans?There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although...
お知らせ • Apr 01Regional Exploration Gold Results Exploration Gold Results 10Km Along Strike of Apollo HillSaturn Metals is completing reconnaissance drilling across its large under explored land package. This is part of the Company's strategy to find complementary deposits at the soon to be updated Apollo Hill Mineral Resource which currently stands at 944,000 ounces1. Early-stage exploration is yielding promising geology and results across the greater Apollo Hill system. Regional reconnaissance exploration Aircore (AC) drilling completed in early 2022 has highlighted an exciting new prospect at Artemis, 10km northwest of the Apollo Hill Mineral Resource (35.9Mt @ 0.8g/t Au for 944,000 oz of gold. Drill hole AHAC0672 intersected 4m @ 4.08g/t Au from 40m within 33m @ 0.73g/t Au from 24m Artemis is located directly along strike from Apollo Hill, highlighting the potential for additional discovery in the expansive, largely untested corridor between the two prospects. Mineralization is associated with prospective geology (quartz veining and shearing in bed rock). The width and grade of the AHAC0672 intersection is similar to some zones in the Apollo Hill deposit. Mineralization remains open for additional drill testing. A step out AC program was completed at Bob's prospect in February with the aim of extending the mineralization system defined in late 2021 (including Reverse Circulation (RC) intersections of 5m @ 6.82g/t Au from 130m AHRC0825). New results, effectively provide a strike length increase of 600m in both the north and south directions and include: 4m @ 0.68g/t Au from 64m AHAC0597, 4m @ 0.47g/t Au from 84m AHAC0536, 4m @ 0.41g/t Au from 130m AHAC0541. In addition, an intersection of 4m @ 0.33g/t from 56m was returned in basalts and sediments in AC hole AHAC0628 drilled 2km to the east of Bob's on an access track. Further work is planned to investigate this standalone anomaly where drilling along the track remains widely spaced.
Breakeven Date Change • Mar 29No longer forecast to breakevenThe analyst covering Saturn Metals no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of AU$119.7m in 2024. New forecast suggests the company will make a loss of AU$1.00m in 2024.
お知らせ • Jan 30Saturn Metals Limited Provides Exploration Drilling Results of Apollo Hill Gold ProjectSaturn Metals Limited provided results from reconnaissance AC drilling across its 100% owned, 1,000km2 Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian Goldfields. Regional exploration drilling completed towards the end of the 2021 field season have highlighted three new prospects along strike of the Apollo Hill Mineral Resource (35.9Mt @ 0.8g/t Au for 944,000 oz of gold 1). Significant intersections include: 13m @ 1.32g/t Au from 56m including 4m @ 4.31g/t Au from 56m AHAC0464 at the Aquarius Prospect, 12m @ 0.74g/t Au from 48m including 4m @ 1.36g/t Au from 56m AHAC0444 at the Casper Prospect and 4m @ 0.47g/t Au from 44m AHAC0477 and 8m @ 0.36g/t Au from 44m AHRC0478 (two holes drilled 400m apart on a single regional drill line) at the Hercules Prospect. Results are located on a major geological corridor that extends from Apollo Hill, highlighting the potential for additional discovery. Drill holes and drill lines remain widely spaced with drilling and results open in multiple directions. In all instances mineralization is associated with prospective geology (quartz veining and shearing in bed rock). A 20,000m regional AC drilling program is underway across the greater Apollo Hill land package and assays are pending for approximately 30 holes, totaling 1,500m, completed to date.
お知らせ • Jan 28Saturn Metals Limited Announces Significant Results from Initial RC Drilling at Bob's Prospect Adjacent to Its Apollo Hill Deposit Within the 100% Owned Apollo Hill Gold ProjectSaturn Metals Limited announced significant results from initial RC drilling at Bob's Prospect adjacent to its Apollo Hill deposit within the 100% owned Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian Goldfields. This drilling is part of the Company's strategy to find complementary deposits to the soon to be upgraded Apollo Hill Mineral Resource which currently stands at 944,000 ounces1. Importantly, newly defined higher-grade gold vectors remain open at depth and down plunge. Results highlight a gold target of significant strike length with several areas also showing promising thicknesses. Figure 1 also shows an inset simplified plan view of the current mineralisation footprint relative to the Apollo Hill Mineral Resource footprint; the Bob's anomaly is of considerable scale.
お知らせ • Nov 25Saturn Metals Limited announced that it expects to receive AUD 8 million in funding from Dundee CorporationSaturn Metals Limited announced a private placement of 16,666,667 common shares at a price of AUD 0.48 per share for gross proceeds of AUD 8,000,000 on November 25, 2021. The transaction will include participation from new and existing Australian and Overseas institutional and professional investors including Dundee Corporation and its associates for 2,833,333 shares. The competition of 13,833,334 shares are expected to be done on December 2, 2021 and 2,833,333 shares on December 3, 2021.
分析記事 • Aug 06We Think Saturn Metals (ASX:STN) Needs To Drive Business Growth CarefullyEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Breakeven Date Change • Aug 03Forecast to breakeven in 2024The analyst covering Saturn Metals expects the company to break even for the first time. New forecast suggests the company will make a profit of AU$119.7m in 2024. Average annual earnings growth of 70% is required to achieve expected profit on schedule.
お知らせ • Jul 14Saturn Metals Limited Announces Gold Results Extend Apollo Hill SouthSaturn Metals Limited announced further significant results from ongoing reverse circulation (RC) drilling at the Apollo Hill deposit within its 100%-owned Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian goldfields. This drilling is a key part of the Company's ongoing strategy to grow the Apollo Hill Mineral Resource, which was upgraded to 944,000 ounces on 28 January 20211. Another resource upgrade is planned for later in 2021 utilising the results from the next 10,000m of drilling planned across the Apollo tenements and the 32,000m already completed between January and May. New results such as 18m @ 2.72g/t Au from 89m including 9m @ 4.71g/t Au from 95m in hole AHRC0774 further define the continuity of higher-grade plunging shoots on the southern Apollo Hill corridor. Assays remain pending for several holes in important down plunge positions on this sizeable (400m long) shoot. Strong results including 27m @ 0.51g/t from 50m in AHRC0731 and 4m @ 0.55g/t Au from 92m in hole AHRC0735 have further extended the southern Apollo Hill corridor. These step out intersections are located 300m south and 1.3km south of the Tefnut Zone respectively. This provides an exciting new target for ongoing exploration. Drilling also remains open to the north adjacent and parallel to Apollo Hill where any additional discovery has the potential to expand the pit shell constraining the existing mineral resource. Further extensional drilling is being planned across the deposits expanding frontiers. In addition, intersections including 8m @ 5.62g/t Au from 141m in hole AHRC0709 and 4m @ 6.00g/t Au from 98m in hole AHRC0711, returned at the Ra Zone, further demonstrate the exploration potential beneath the existing Mineral Resource. Today's results complement excellent assays reported in March, April, May and June including: 21m @ 1.82g/t Au from 57m - AHRC0646; 8m @ 9.47g/t Au from 102m - AHRC0647; 23m @ 1.74g/t Au from 49m including 8m @ 3.20g/t Au from 53m - AHRC0690; 10m @ 4g/t Au from 89m - AHRC0766. HIGHLIGHTS: Thick, shallow, and higher-grade intersections from recent reverse circulation drilling include: 18m @ 2.72g/t Au from 89m including 9m @ 4.71g/t Au from 95m AHRC0774; 13m @ 3.60g/t Au from 141m including 8m @ 5.62g/t Au from 141m AHRC0709; 4m @ 6.00g/t Au from 88m AHRC0711; 10m @ 1.01 g/t Au from 43m AHRC0730; 3m @ 6.24g/t Au from 141m AHRC0754. Results continue to develop coherent zones of mineralisation and higher-grade plunging shoots on the Southern Apollo Hill Corridor. Thick and higher-grade intersections were returned in the Ra Zone beneath the January 2021 Mineral Resource (8m @ 5.62g/t u in AHRC0709 and 4m @ 6.00g/t Au in AHRC0711). Step out exploration intersections including 27m @ 0.51g/t from 50m in AHRC0731 and 4m @ 0.55g/t Au from 92m in hole AHRC0735 Au have extended mineralisation an additional 1.3km south of the Tefnut Zone and further work is now planned along this lengthened corridor. Intercepts further emphasise the potential to grow Apollo Hill's Mineral Resource of 35.9Mt @ 0.8g/t Au for 944,000 oz of gold1. Assays remain pending for an additional 45 RC drill holes (7,400m) drilled to date across the Apollo Hill deposit.
Breakeven Date Change • Jul 01Forecast to breakeven in 2024The analyst covering Saturn Metals expects the company to break even for the first time. New forecast suggests the company will make a profit of AU$128.5m in 2024. Average annual earnings growth of 66% is required to achieve expected profit on schedule.
お知らせ • Jun 22Saturn Metals Limited Announces Commencement of Diamond Drilling At the West Wyalong Gold Project in New South WalesSaturn Metals Limited announced the commencement of diamond drilling at the West Wyalong Gold Project in New South Wales. The company is joint venturing into the 91km2 brownfields EL8815 exploration tenement over the highly prospective historic West Wyalong Gold Field. West Wyalong is located in the well-endowed Lachlan Fold Belt, host to major gold deposits including Evolution Mining's 7.4Moz Resource Cowal Mine1 and Newcrest Mining's Cadia Valley Operations. HIGHLIGHTS: Initial focus of exploration is the 2km long high-grade Mallee Bull Reef within the long forgotten West Wyalong Goldfield (historic production of 439,000oz Au at 36g/t Au (a1 GS1928/007 p42). No underground development or modern exploration is known to have occurred on the Mallee Bull Reef line since 1915 when a decline in production was synchronous with the onset of World War One. Saturn's program is the first modern test of this excellent opportunity. An initial 2,200m of planned diamond drilling is underway in four holes designed to target high grade plunge extensions from where historic face samples of over 155 g/t Au (5oz per tonne) and multiple lodes are noted. Drilling targets the Mallee Bull structure beneath historic workings, which are shallow by modern standards. Production grades of up to 55g/t Au (a2 GS1928/007 p61) were reported in many of the lower levels and no extensional exploration has been undertaken. A program of four diamond holes for 2,200m is currently underway as an initial test of concept. Drilling is initially focusing on the Mallee Bull Reef line which historically produced over 128,000oz at 50g/t Au up to 1915. The drill program is anticipated to take approximately 45 days to complete before processing of diamond core and dispatch to the laboratory for assay.
お知らせ • Jun 09Saturn Metals Limited Announces Further Significant Results from Ongoing Reverse Circulation Drilling At the Apollo Hill DepositSaturn Metals Limited announced further significant results from ongoing reverse circulation drilling at the Apollo Hill deposit within its 100%-owned Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian goldfields. This drilling is a key part of the Company's ongoing strategy to grow the Apollo Hill Mineral Resource, which was upgraded to 944,000 ounces on 28 January 2021. Another resource upgrade is planned for later in 2021 utilising the results from the next 20,000m of drilling planned across the Apollo tenements and the 29,000m already completed between January and May 2021. The new results effectively merge mineralisation into one continuous southern Apollo Hill extensional corridor between the Ra and Tefnut zones over a 1km strike length, demonstrating clear continuity between the drill sections. These results will provide a strong foundation for the next resource upgrade planned for later in 2021. Importantly, drilling remains open to the south, and to the north adjacent and parallel to Apollo Hill where any additional discovery has the potential to expand the pit shell constraining the existing mineral resource. Further extensional drilling is being planned. These results complement excellent assays reported in March, April and May including: 21m @ 1.82g/t Au from 57m - AHRC0646; 8m @ 9.47g/t Au from 102m - AHRC0647; and 23m @ 1.74g/t Au from 49m including 8m @ 3.20g/t Au from 53m - AHRC0690. Importantly, multiple higher-grade intersections are now evident throughout the extensional corridor's strike length.
Executive Departure • May 14Company Secretary has left the companyOn the 3rd of May, Ryan Woodhouse's tenure as Company Secretary ended after 3.9 years in the role. We don't have any record of a personal shareholding under Ryan's name. Ryan is the only executive to leave the company over the last 12 months.
分析記事 • May 12Analysts Expect Breakeven For Saturn Metals Limited (ASX:STN) Before LongWe feel now is a pretty good time to analyse Saturn Metals Limited's ( ASX:STN ) business as it appears the company may...
Recent Insider Transactions Derivative • Apr 09MD & Director exercised options to buy AU$1.3m worth of stock.On the 6th of April, Ian Bamborough exercised options to buy 3m shares at a strike price of around AU$0.20, costing a total of AU$600k. This transaction amounted to 180% of their direct individual holding at the time of the trade. Since June 2020, Ian has owned 1.56m shares directly. Company insiders have collectively bought AU$800k more than they sold, via options and on-market transactions, in the last 12 months.
分析記事 • Mar 02Will Saturn Metals (ASX:STN) Spend Its Cash Wisely?Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Is New 90 Day High Low • Feb 17New 90-day low: AU$0.40The company is down 43% from its price of AU$0.69 on 19 November 2020. The Australian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 21% over the same period.
お知らせ • Feb 04Saturn Metals Limited Announce Further Significant Results from Ongoing RC Drilling at the Apollo Hill Deposit Within Its 100%-Owned Apollo Hill Gold ProjectSaturn Metals Limited announceD further significant results from ongoing RC drilling at the Apollo Hill deposit within its 100%-owned Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian goldfields. This drilling is a key part of the Company's ongoing strategy to grow the Apollo Hill Mineral Resource, which was upgraded to 944,000 ounces on 28 January 20211. Another resource upgrade is planned for later in 2021 after considering results from the next 50,000m of planned drilling across the Apollo Gold camp. Figure 1 shows a simplified geological cross-section of recent extensional and infill results in the central area of the Apollo Hill deposit. Strong results such as 15m @ 2.90g/t Au from 79m including 7m @ 3.84g/t Au from 87m (AHRC0502) are seen in a shallow extensional position beneath the eastern resource pit shell wall. In addition, AHRC0502 also returned an intersection of 7m @ 1.29g/t Au from only 6m depth within the pit shell showing scope for improvement of the model in this area. In addition to the highlighted intersections on page 1, other strong intersections include: 19m @ 0.98g/t Au from 160m including 6m @ 1.98g/t Au from 173m - AHRC0493, 46m @ 0.47g/t Au from 134m including 7m @ 1.1g/t Au from 135m - AHRC0480, 20m @ 0.79g/t Au from 91m including 5m @ 1.69 g/t Au from 91m - AHRC0470, 11m @ 1.09g/t Au from 58m - AHRC0469, 10m @ 0.87g/t Au from 177m including 5m @ 1.53g/t Au from 177m - AHRC0490, 11m @ 1.07g/t Au from 58m - AHRC0493, 12m @ 1.12g/t Au from 241m - AHRC0504, 8m @ 1.01g/t Au from 71m - AHRC0500, 7m @ 1.44g/t Au from 174m - AHRC0488, 6m @ 1.94g/t Au from 224m - AHRC0497, 9m @ 0.73g/t Au from surface - AHRC0498.
お知らせ • Jan 29Saturn Metals Limited Completes an Updated Mineral Resource Estimate for the Apollo Hill Gold Deposit At Its 100%-Owned Apollo Hill Gold Project Near Leonora in the Western Australian GoldfieldsSaturn Metals Limited announce that it has completed an updated Mineral Resource estimate for the Apollo Hill gold deposit at its 100%-owned Apollo Hill Gold Project near Leonora in the Western Australian Goldfields. The upgraded Mineral Resource totals 36 Mt at 0.8 g/t Au for 944,000 oz. This is a significant increase in contained ounces from the previously published resource. It incorporates the results of a highly successful 265-hole, 55,000 m extensional and in-fill drilling campaign completed since the last Mineral Resource upgrade which was published in late October 2019. The growth in the Apollo Hill Mineral Resource over the past 12 months has been driven in equal parts by the discovery of additional shallower mineralisation in the hanging-wall zone and importantly by further drilling beneath the base of the previous resource. Furthermore, shallow mineralisation identified on the Ra - Tefnut trend has had a positive impact on the model. Saturn's improving knowledge of the geological controls at the deposit and refinements in the resource modelling techniques have continued to have a positive influence.
Is New 90 Day High Low • Jan 28New 90-day low: AU$0.45The company is down 37% from its price of AU$0.72 on 30 October 2020. The Australian market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 27% over the same period.
Is New 90 Day High Low • Jan 12New 90-day low: AU$0.63The company is down 17% from its price of AU$0.76 on 14 October 2020. The Australian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 22% over the same period.
Is New 90 Day High Low • Dec 14New 90-day low: AU$0.65The company is down 11% from its price of AU$0.72 on 15 September 2020. The Australian market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 13% over the same period.
お知らせ • Nov 18Saturn Metals Limited Announces Further Significant Results from Ongoing RC Drilling At the Apollo Hill DepositSaturn Metals Limited announced further significant results from ongoing RC drilling at the Apollo Hill deposit within its 100%-owned Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian goldfields. This drilling is a key part of the company's ongoing strategy to grow the Apollo Hill 781,000oz Mineral Resource. A resource upgrade is targeted for late 2020, incorporating results from over 50,000m of drilling conducted since October 2019 when the resource estimate was last updated. Saturn will provide further information from the exploration and resource drilling at Apollo Hill as results are received and analysed.
Price Target Changed • Oct 29Price target raised to AU$1.52Up from AU$0.015, the current price target is provided by 1 analyst. The new target price is 117% above the current share price of AU$0.70. As of last close, the stock is up 79% over the past year.
お知らせ • Oct 13Saturn Metals Limited Announces Multiple Gold Intersections Extend Apollo HillSaturn Metals Limited announced further positive results from ongoing RC drilling at the Apollo Hill deposit within its 100%-owned Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian goldfields. This drilling is a key part of the Company's strategy to grow the Apollo Hill 781,000oz Mineral Resource. A further resource upgrade is targeted for late 2020, incorporating results from drilling conducted since October 2019 when the resource estimate was last updated. A simplified geological cross section of extensional hanging-wall results in the north of the Apollo Hill deposit where a large and robust mineralised system is becoming increasingly apparent. A simplified geological cross section of extensional main lode and hanging-wall results in the south-central area of the Apollo Hill deposit. Saturn Metals Project Areas: Apollo Hill (29.15°S and 121.68°E) is located approximately 60km south-east of Leonora in the heart of WA's goldfields region. The deposit and the Apollo Hill project are 100% owned by Saturn Metals and are surrounded by good infrastructure and several significant gold deposits. The Apollo Hill Project has the potential to become a large tonnage, simple metallurgy, low strip open pit mining operation. In addition, Saturn Metals has now secured a second quality gold exploration project in Australia. The Company has an option to earn an 85% joint venture interest in the West Wyalong Project, which represents a high-grade vein opportunity on the highly gold prospective Gilmore suture within the famous Lachlan Fold belt of NSW. Competent Persons Statement Resource: The information for the Mineral Resource included in this report is extracted from the report entitled (Apollo Hill Gold Resource Upgraded to 781,000oz) created on 14 October 2019 and is available to view on the Saturn Metals Limited website. Saturn Metals Limited confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. Saturn Metals Ltd. confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement. Competent Persons Statement Exploration: The information in this report that relates to exploration targets and exploration results is based on information compiled by Ian Bamborough, a Competent Person who is a Member of The Australian Institute of Geoscientists. Ian Bamborough is a fulltime employee and Director of the Company, in addition to being a shareholder in the Company. Ian Bamborough has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the `Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Ian Bamborough consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
お知らせ • Oct 01Saturn Metals Limited Announces Further Positive Results from Ongoing RC Drilling at the Apollo Hill Deposit Within its 100%-Owned Apollo Hill Gold ProjectSaturn Metals Limited announced further positive results from ongoing RC drilling at the Apollo Hill deposit within its 100%-owned Apollo Hill Gold Project, 60km south-east of Leonora in the Western Australian goldfields. This drilling at Apollo Hill is a key part of the Company's strategy to grow the Project's 781,000oz Mineral Resource. A further resource upgrade is targeted for late 2020, incorporating results from drilling conducted since October 2019 when the resource estimate was last updated. Results were also received for two RC holes at Calypso that targeted an implied north-east, south-west trending alluvial channel interpreted from a recent ground seismic study and considered to be a potential host to Calypso gold mineralisation. Both holes successfully intersected alluvial gravels and confirmed potential for Calypso style mineralisation, with hole CARC0005 returning 4m @ 0.21g/t Au from 92m, approximately 200m to the south of a previous gold intercepts. A 20 hole 2,000m aircore drilling program is now planned over the area to follow-up these results. The Company will provide further information from the exploration and resource drilling at Apollo Hill as results are received and analysed. This announcement has been approved for release by the Saturn Metals Limited Board of Directors. Saturn Metals Project Areas Apollo Hill (29.15°S and 121.68°E) is located approximately 60km south-east of Leonora in the heart of WA's goldfields region (Figure 3). The deposit and the Apollo Hill project are 100% owned by Saturn Metals and are surrounded by good infrastructure and several significant gold deposits. The Apollo Hill Project has the potential to become a large tonnage, simple metallurgy, low strip open pit mining operation. In addition, Saturn Metals has now secured a second quality gold exploration project in Australia. The Company has an option to earn an 85% joint venture interest in the West Wyalong Project (Figure 4), which represents a high-grade vein opportunity on the highly gold prospective Gilmore suture within the famous Lachlan Fold belt of NSW. Competent Persons Statement Resource: The information for the Mineral Resource included in this report is extracted from the report entitled (Apollo Hill Gold Resource Upgraded to 781,000oz) created on 14 October 2019 and is available to view on the Saturn Metals Limited website. Saturn Metals Limited confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. Saturn Metals Ltd. confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement. Competent Persons Statement Exploration The information in this report that relates to exploration targets and exploration results is based on information compiled by Ian Bamborough, a Competent Person who is a Member of The Australian Institute of Geoscientists. Ian Bamborough is a fulltime employee and Director of the Company, in addition to being a shareholder in the Company. Ian Bamborough has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the `Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Ian Bamborough consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
お知らせ • Sep 14Saturn Metals Limited announced that it expects to receive AUD 13.742926 million in fundingSaturn Metals Limited (ASX:STN) announced that it will issue 20,511,830 common shares at a price of AUD 0.67 per share for gross proceeds of AUD 13,742,926.10 on September 14, 2020. The transaction will include participation from new and existing Australian and overseas institutional investors. The shares are expected to be issued on September 22, 2020.
