Magnetite Mines（MGT）株式概要マグネタイト・マインズ社(Magnetite Mines Limited)は、南オーストラリア州で鉱区の探査を行っている。 詳細MGT ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績0/6財務の健全性5/6配当金0/6リスク分析過去1年間で株主の希薄化は大幅に進んだ 過去5年間で収益は年間14.3%減少しました。 意味のある時価総額がありません ( A$7M )収益が 100 万ドル未満 ( A$301 )すべてのリスクチェックを見るMGT Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueAU$Current PriceAU$0.032該当なし内在価値ディスカウントEst. Revenue$PastFuture-6m254k2016201920222025202620282031Revenue AU$307.6Earnings AU$41.0AdvancedSet Fair ValueView all narrativesMagnetite Mines Limited 競合他社Pearl Gull IronSymbol: ASX:PLGMarket cap: AU$6.3mHawsons IronSymbol: ASX:HIOMarket cap: AU$17.7mGenminSymbol: ASX:GENMarket cap: AU$20.8mEquatorial ResourcesSymbol: ASX:EQXMarket cap: AU$22.3m価格と性能株価の高値、安値、推移の概要Magnetite Mines過去の株価現在の株価AU$0.03252週高値AU$0.2752週安値AU$0.026ベータ-0.0111ヶ月の変化6.67%3ヶ月変化-37.25%1年変化-72.17%3年間の変化-93.04%5年間の変化-98.99%IPOからの変化-96.00%最新ニュースお知らせ • Mar 03Magnetite Mines Limited has filed a Follow-on Equity Offering.Magnetite Mines Limited has filed a Follow-on Equity Offering. Security Name: Ordinary Shares Security Type: Common Stock Price\Range: AUD 0.04 Transaction Features: Rights Offeringお知らせ • Oct 28Magnetite Mines Limited, Annual General Meeting, Nov 26, 2025Magnetite Mines Limited, Annual General Meeting, Nov 26, 2025. Location: in the torrens room 1, hotel grand chancellor, 65 hindley street, adelaide Australiaお知らせ • Aug 08Magnetite Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 2.65 million.Magnetite Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 2.65 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 7,692,308 Price\Range: AUD 0.065 Discount Per Security: AUD 0.0039 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 33,076,923 Price\Range: AUD 0.065 Discount Per Security: AUD 0.00065 Security Features: Attached Options Transaction Features: Rights Offeringお知らせ • Feb 07+ 1 more updateMagnetite Mines Limited Announces Resignation of Simon Smith as Chief Financial Officer, Effective 7 March 2025Magnetite Mines Limited announced that Chief Financial Officer, Mr. Simon Smith has resigned from the Company, effective 7 March 2025.New Risk • Nov 12New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$13.8m (US$9.06m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 40% per year over the past 5 years. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Revenue is less than US$1m (AU$214k revenue, or US$140k). Market cap is less than US$10m (AU$13.8m market cap, or US$9.06m).お知らせ • Oct 29Magnetite Mines Limited Announces Resignation of Jim Mckerlie as DirectorMagnetite Mines Limited advised that Mr. Jim McKerlie will resign as a Non-Executive Director at the Company's upcoming Annual General Meeting (AGM) due to personal commitments and other business interests. Mr. McKerlie joined the Board in January 2022 as a Non-Executive Director. He then served as Chair of the Board from September 2023 to September 2024 before transitioning back to a Non-Executive Director role.最新情報をもっと見るRecent updatesお知らせ • Mar 03Magnetite Mines Limited has filed a Follow-on Equity Offering.Magnetite Mines Limited has filed a Follow-on Equity Offering. Security Name: Ordinary Shares Security Type: Common Stock Price\Range: AUD 0.04 Transaction Features: Rights Offeringお知らせ • Oct 28Magnetite Mines Limited, Annual General Meeting, Nov 26, 2025Magnetite Mines Limited, Annual General Meeting, Nov 26, 2025. Location: in the torrens room 1, hotel grand chancellor, 65 hindley street, adelaide Australiaお知らせ • Aug 08Magnetite Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 2.65 million.Magnetite Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 2.65 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 7,692,308 Price\Range: AUD 0.065 Discount Per Security: AUD 0.0039 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 33,076,923 Price\Range: AUD 0.065 Discount Per Security: AUD 0.00065 Security Features: Attached Options Transaction Features: Rights Offeringお知らせ • Feb 07+ 1 more updateMagnetite Mines Limited Announces Resignation of Simon Smith as Chief Financial Officer, Effective 7 March 2025Magnetite Mines Limited announced that Chief Financial Officer, Mr. Simon Smith has resigned from the Company, effective 7 March 2025.New Risk • Nov 12New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$13.8m (US$9.06m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 40% per year over the past 5 years. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Revenue is less than US$1m (AU$214k revenue, or US$140k). Market cap is less than US$10m (AU$13.8m market cap, or US$9.06m).お知らせ • Oct 29Magnetite Mines Limited Announces Resignation of Jim Mckerlie as DirectorMagnetite Mines Limited advised that Mr. Jim McKerlie will resign as a Non-Executive Director at the Company's upcoming Annual General Meeting (AGM) due to personal commitments and other business interests. Mr. McKerlie joined the Board in January 2022 as a Non-Executive Director. He then served as Chair of the Board from September 2023 to September 2024 before transitioning back to a Non-Executive Director role.New Risk • Sep 23New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 38% per year over the past 5 years. Revenue is less than US$1m (AU$236k revenue, or US$161k). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Shareholders have been diluted in the past year (33% increase in shares outstanding). Market cap is less than US$100m (AU$18.4m market cap, or US$12.5m).お知らせ • Sep 03Magnetite Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 4.1 million.Magnetite Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 4.1 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 10,000,000 Price\Range: AUD 0.2 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 10,500,000 Price\Range: AUD 0.2 Discount Per Security: AUD 0.002 Security Features: Attached Options Transaction Features: Rights Offeringお知らせ • Jun 21Magnetite Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 5.085792 million.Magnetite Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 5.085792 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 16,405,781 Price\Range: AUD 0.31 Transaction Features: Rights OfferingNew Risk • May 09New 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 Less than 1 year of cash runway based on free cash flow trend (-AU$8.7m free cash flow). Earnings have declined by 38% per year over the past 5 years. Revenue is less than US$1m (AU$236k revenue, or US$155k). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (30% increase in shares outstanding). Market cap is less than US$100m (AU$34.9m market cap, or US$23.0m).New Risk • Mar 09New 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). Earnings have declined by 38% per year over the past 5 years. Revenue is less than US$1m (AU$186k revenue, or US$123k). Minor Risks Shareholders have been diluted in the past year (30% increase in shares outstanding). Market cap is less than US$100m (AU$26.6m market cap, or US$17.6m).New Risk • Nov 24New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 30% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 26% per year over the past 5 years. Revenue is less than US$1m (AU$213k revenue, or US$140k). Minor Risks Shareholders have been diluted in the past year (30% increase in shares outstanding). Market cap is less than US$100m (AU$31.0m market cap, or US$20.4m).お知らせ • Oct 23Magnetite Mines Limited, Annual General Meeting, Nov 23, 2023Magnetite Mines Limited, Annual General Meeting, Nov 23, 2023, at 10:00 Cen. Australia Standard Time. Location: David Spence Room Adelaide Town Hall, 128 King William Street, Adelaide Adelaide Australia Agenda: To consider the Non-Binding Resolution to adopt Remuneration Report; to consider the Election of Dr. Carmen Letton as a Director; to consider the Approval to issue Performance Rights and Options to Chief Executive Officer, Tim Dobson; to consider the Approval of Additional 10% Placement Capacity; to consider the Board Spill Meeting Resolution; and to consider other matters.New Risk • Oct 19New 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$14m free cash flow). Earnings have declined by 26% per year over the past 5 years. Revenue is less than US$1m (AU$213k revenue, or US$134k). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (AU$31.9m market cap, or US$20.1m).New Risk • Sep 08New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$17m free cash flow). Earnings have declined by 6.1% per year over the past 5 years. Revenue is less than US$1m (AU$254k revenue, or US$162k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Market cap is less than US$100m (AU$27.3m market cap, or US$17.4m).お知らせ • Jul 06Magnetite Mines Limited Announces the Appointment of Simon Smith as Chief Financial Officer, Commencing September 2023Magnetite Mines Limited announced the appointment of Mr. Simon Smith as Chief Financial Officer (CFO), commencing September 2023. Simon is a highly accomplished CFO and Company Secretary with extensive experience in both ASX and TSX listed companies. He has played a pivotal role in the leadership and strategic direction of growth-driven companies, effectively driving their financial success. Simon has successfully led the execution of capital raisings totalling over AUD 500 million, encompassing both debt and equity financing, as well as initial public offerings (IPOs). Simon is a member of the Australian Institute of Chartered Accountants and was most recently the CFO of Energy Action Limited. Prior to that, he was CFO and Company Secretary of ASX-listed Heron Resources Limited, overseeing the $340 million project financing and commercial development of the Woodlawn Zinc Copper Mine in NSW through to full scale operations.お知らせ • Jun 27Magnetite Mines Limited Launches Foothight Sustainability PlatformMagnetite Mines Limited launched foresight, the Company's sustainability platform driving ESG-related actions through the project study, design, delivery and operational stages. As the existing iron ore sector seeks to transition to a new future centered on sustainable practices, Magnetite Mines intends to emerge as a new producer of premium-grade iron ore to meet the demand of the decarbonizing steel industry, with a collaborative and focused sustainability culture embedded from the outset. By bringing focus to Magnetite Mines' leading ESG profile, the company can design and showcase a sustainable mining future with the objective of becoming an iron ore supplier of choice. project delivery must demonstrate pathways to net zero carbon operations, nature-positive outcomes, actions that support the building of resilient, inclusive communities and adaptive governance. adoption of, and alignment with, global standards, such as the Initiative for Responsible Mining Assurance (IRMA), will demonstrate credibility as responsible operators and support attractiveness to customers. foresight is intended to become a key identifier and differentiator for Magnetite Mines, and an essential component of the Company's strategy for engaging with project partners, financiers, regulators and other stakeholders. MGT recognizes that embedding sustainability within its business provides a significant competitive advantage and opens opportunities for new value creation. A meaningful commitment to responsible resource development across environment, social and governance (ESG) aspects can commonly deliver: reduced cost of capital, insurance, etc.; market opportunities, particularly for supply chains where product assurance is critical (i.e., ResponsibleSteel); cost efficiencies associated with sustainable practices and collaboration; efficient attraction and retention of labor; improved environmental performance and compliance outcomes; and engaged and supportive communities and stakeholders.Recent Insider Transactions • Feb 16Non-Executive Director recently bought AU$99k worth of stockOn the 13th of February, Paul White bought around 124k shares on-market at roughly AU$0.80 per share. This transaction increased Paul's direct individual holding by 6x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$149k more in shares than they have sold in the last 12 months.お知らせ • Feb 09+ 1 more updateMagnetite Mines Limited Announces Mineral Resource Estimate Update for the Iron Peak Deposit, and the Razorback Iron Ore ProjectThe Iron Peak sample also exhibit the lowest average bond ball work index (at 6.8kWh/t), and the lowest abrasion index (0.05), translating to lower processing costs when compared with samples from other parts of the Project resource base. The Iron Peak Deposit represents a portion of the wider Razorback Iron Ore Project Mineral Resource Estimate and lies approximately 4kms to the east of the current proposed process plant location. The updated Mineral Resource includes an increase in the quantity of material in Indicated classification (available for potential conversion to Ore Reserves) to 286 Mt, up 14% from 247 Mt. The combination of increased mass recovery and Indicated classification tonnage, along with superior metallurgical response, has positive implications for Project development as higher mass recovery enables more magnetite concentrate to be produced per tonne of plant feed. Given the deposit's historically smaller tonnage and distance from the plant, the deposit has previously featured late in mine scheduling. Based on this new information, MGT's mining consultants have commenced new pit optimisation modelling and plant feed sequencing to assess concentrate production from Iron Peak mineralisation in the initial years of the Project life. Drilling at the Iron Peak deposit commenced in October 2021 and was completed in late January 2022. Sampling of core material for resource purposes followed metallurgical sampling and was completed in mid-2022 for analysis at Bureau Veritas Laboratories. The drill program consisted of two primary drill programs: This drilling program consisted of 11 PQ diameter diamond drill holes, drilled vertically and for the purpose of metallurgical sampling. The program was designed to intersect varying lithologies across the Iron Peak deposit in both weathered and fresh domains of the resource, to represent early year plant feed. The metallurgical drill program comprised 1,393m of drilling and produced 1,326 samples for head grade (XRF and SATMAGAN) and Davis Tube Recovery (DTR - Mass Recovery) analysis. This program followed metallurgical drilling and consisted of 6 HQ diameter diamond drill holes. The drill program was designed to intersect mineralisation at Iron Peak in areas with poor drill coverage, to improve near surface resource classification and intersect prospective stratigraphy previously inaccessible due to topography (Unit A). Drill holes were orientated to intersect mineralisation near- perpendicular to the dip-angle. The shallow infill drill program comprised 519m of drilling and produced 487 samples for head grade (XRF and SATMAGAN) and Davis Tube Recovery (DTR - Mass Recovery) analysis. Drilling was undertaken with a KWL 1600H Multipurpose rig via drilling contractor Foraco. Drill site placement, geological logging and sampling was undertaken by MGT staff. Completed in parallel with Iron Peak, the Razorback Deposit Mineral Resource Estimate, which includes the Razorback Ridge and Razorback West prospects, has been updated to maintain consistency of resource estimation methodology across the deposits. Accordingly, the Razorback Deposit was subjected to the same domaining assumptions as applied to the Iron Peak Deposit, for the application of eDTR regressions to the weathering profile and fresh search domains. This resulted in a minor adjustment for this deposit with the Mineral Resource Estimate updated to 2,740Mt at 15.4% mass recovery, up from 2,580Mt at 15.6% mass recovery. In combination, the Iron Peak Mineral Resource Estimate, together with the updated Razorback Mineral Resource Estimate, form the Razorback Iron Ore Project Resource Estimate. Following this update, the Company's global Mineral Resource Estimate has increased to 5,982 Mt for a combination of Inferred and Indicated classified iron mineralisation, per JORC 2012 code and guidelines. Geological modelling and interpretation of bedding and structural geometry follows the previous Resource Estimate for the Razorback Iron Ore Project with minor wireframe updates. The initial geological interpretation was completed by independent geological consultants and updated with additional drilling data acquired during the 2021/2022 metallurgical and infill drill program. Data included in the updated interpretation included lithological, geophysical (downhole magnetic susceptibility and density logging data) and photographic data. Geological model wireframes were updated and results of the interpretation were imported into the Micromine Resource Estimation software suite by Widenbar and Associates, for block modelling and resource estimation. All data and interpretations were verified by the Company's in-house geological team.お知らせ • Jan 25Magnetite Mines Limited Announces Appointment of Carmen Letton as Non-Executive DirectorMagnetite Mines Limited announced the appointment of Dr. Carmen Letton as Non- Executive Director, effective immediately. Dr. Letton is a mining engineer and mineral economist with over 35 years' global mining experience, holding senior leadership positions in operations, engineering, asset and business development and corporate strategy. She has particular technical expertise in open pit and underground mines across multiple commodities and the many stages of asset development. Most recently, Dr. Letton was Head of Resource Development and Life of Asset Planning (Asset Strategy Development) at Anglo American, having previously worked at BHP Billiton, Rio Tinto, Newmont, and Newcrest. Dr. Letton was selected as one of the "100 Global Inspirational Women in Mining" in 2016 and 2018 by Women in Mining UK. She holds a PhD Mineral Economics from the University of Queensland and a Bachelor of Engineering (Hon) (Mining) from the West Australian School of Mines.お知らせ • Jan 17Magnetite Mines Limited Provides Update on Razorback Project Optimisation StudiesMagnetite Mines Limited provided a progress update on the optimisation studies commenced in September 2022 and scheduled for completion by the end of first quarter 2023. As announced on 13 September 20221, the Company refocused its Razorback Iron Ore Project (Project) development strategy in line with evolving market conditions and downstream industry feedback. A suite of optimisation studies were commenced aimed at defining the go-forward scope for a refocused DFS (Definitive Feasibility Study). The key objectives of the optimisation studies are to: Increase and optimise Stage 1 production, with a minimum 5Mtpa capacity, to enhance project economics via economies of scale, while taking advantage of the 5.7 billion tonne Project resource base; Increase Project attractiveness to potential iron and steel industry partners and customers, institutional investors, and project financiers; Access potential to re-estimate Ore Reserves as a direct result of expanded production scale; and Improve ESG credentials through enhanced concentrate specifications that support downstream iron and steelmaking decarbonisation, and potential electrification of major equipment supported by larger-scale development. The Company reported that all studies are progressing to plan, with initial AACE Class 5 engineering estimates received on time from the Company's engineering partners. A staged development philosophy has been maintained throughout, commencing with a manageable but robustly economic start-up capacity, expanding thereafter to meet market demand. Key Study outcomes achieved so far which are subject to further testing include: Plant Optimisation: Magnetite processing specialists Hatch are leading the plant optimisation studies with respect to assessing larger scale production scenarios. A key focus of these studies has been the assessment of alternative front-end crushing options and the investigation of opportunities for early-stage rejection of waste and low-grade material via dry magnetic separation. Hatch are also completing parallel studies with respect to tailings storage facility configurations, with both conventional and thickened tailings options currently being investigated.Board Change • Nov 17Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Non-Executive Director Mal Randall was the last independent director to join the board, commencing their role in 2006. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Director Mal Randall was the last independent director to join the board, commencing their role in 2006. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Executive Departure • Dec 05CFO & Company Secretary Frank DeMarte has left the companyOn the 3rd of December, Frank DeMarte's tenure as CFO & Company Secretary ended after 8.3 years in the role. As of September 2021, Frank still personally held 16.53m shares (AU$413k worth at the time). Frank is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.Board Change • Aug 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Mal Randall was the last independent director to join the board, commencing their role in 2006. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.株主還元MGTAU Metals and MiningAU 市場7D14.3%2.7%2.0%1Y-72.2%55.8%3.4%株主還元を見る業界別リターン: MGT過去 1 年間で55.8 % の収益を上げたAustralian Metals and Mining業界を下回りました。リターン対市場: MGTは、過去 1 年間で3.4 % のリターンを上げたAustralian市場を下回りました。価格変動Is MGT's price volatile compared to industry and market?MGT volatilityMGT Average Weekly Movement10.3%Metals and Mining Industry Average Movement12.2%Market Average Movement10.3%10% most volatile stocks in AU Market17.5%10% least volatile stocks in AU Market4.3%安定した株価: MGT 、 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: MGTの 週次ボラティリティ ( 10% ) 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2004n/aTim Dobsonmagnetitemines.comマグネタイト・マインズ社（Magnetite Mines Limited）は、南オーストラリア州で鉱区の探鉱を行っている。同社の主要プロジェクトは、南オーストラリア州アデレードに位置するレイザーバック鉱床とアイアンピーク鉱床を含むレイザーバック鉄鉱石プロジェクトである。以前はロイヤル・リソーシズ社（Royal Resources Limited）として知られていたが、2015年12月にマグネタイト・マインズ社（Magnetite Mines Limited）に社名変更。Magnetite Mines Limitedは2004年に法人化され、オーストラリアのアデレードを拠点としている。もっと見るMagnetite Mines Limited 基礎のまとめMagnetite Mines の収益と売上を時価総額と比較するとどうか。MGT 基礎統計学時価総額AU$7.27m収益（TTM）-AU$3.88m売上高(TTM)AU$301.00Over9,999xP/Sレシオ-1.9xPER（株価収益率MGT 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MGT 損益計算書（TTM）収益AU$301.00売上原価AU$0売上総利益AU$301.00その他の費用AU$3.88m収益-AU$3.88m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）-0.017グロス・マージン100.00%純利益率-1,287,382.39%有利子負債／自己資本比率6.0%MGT 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 07:04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Magnetite Mines Limited 0 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。0
お知らせ • Mar 03Magnetite Mines Limited has filed a Follow-on Equity Offering.Magnetite Mines Limited has filed a Follow-on Equity Offering. Security Name: Ordinary Shares Security Type: Common Stock Price\Range: AUD 0.04 Transaction Features: Rights Offering
お知らせ • Oct 28Magnetite Mines Limited, Annual General Meeting, Nov 26, 2025Magnetite Mines Limited, Annual General Meeting, Nov 26, 2025. Location: in the torrens room 1, hotel grand chancellor, 65 hindley street, adelaide Australia
お知らせ • Aug 08Magnetite Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 2.65 million.Magnetite Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 2.65 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 7,692,308 Price\Range: AUD 0.065 Discount Per Security: AUD 0.0039 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 33,076,923 Price\Range: AUD 0.065 Discount Per Security: AUD 0.00065 Security Features: Attached Options Transaction Features: Rights Offering
お知らせ • Feb 07+ 1 more updateMagnetite Mines Limited Announces Resignation of Simon Smith as Chief Financial Officer, Effective 7 March 2025Magnetite Mines Limited announced that Chief Financial Officer, Mr. Simon Smith has resigned from the Company, effective 7 March 2025.
New Risk • Nov 12New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$13.8m (US$9.06m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 40% per year over the past 5 years. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Revenue is less than US$1m (AU$214k revenue, or US$140k). Market cap is less than US$10m (AU$13.8m market cap, or US$9.06m).
お知らせ • Oct 29Magnetite Mines Limited Announces Resignation of Jim Mckerlie as DirectorMagnetite Mines Limited advised that Mr. Jim McKerlie will resign as a Non-Executive Director at the Company's upcoming Annual General Meeting (AGM) due to personal commitments and other business interests. Mr. McKerlie joined the Board in January 2022 as a Non-Executive Director. He then served as Chair of the Board from September 2023 to September 2024 before transitioning back to a Non-Executive Director role.
お知らせ • Mar 03Magnetite Mines Limited has filed a Follow-on Equity Offering.Magnetite Mines Limited has filed a Follow-on Equity Offering. Security Name: Ordinary Shares Security Type: Common Stock Price\Range: AUD 0.04 Transaction Features: Rights Offering
お知らせ • Oct 28Magnetite Mines Limited, Annual General Meeting, Nov 26, 2025Magnetite Mines Limited, Annual General Meeting, Nov 26, 2025. Location: in the torrens room 1, hotel grand chancellor, 65 hindley street, adelaide Australia
お知らせ • Aug 08Magnetite Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 2.65 million.Magnetite Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 2.65 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 7,692,308 Price\Range: AUD 0.065 Discount Per Security: AUD 0.0039 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 33,076,923 Price\Range: AUD 0.065 Discount Per Security: AUD 0.00065 Security Features: Attached Options Transaction Features: Rights Offering
お知らせ • Feb 07+ 1 more updateMagnetite Mines Limited Announces Resignation of Simon Smith as Chief Financial Officer, Effective 7 March 2025Magnetite Mines Limited announced that Chief Financial Officer, Mr. Simon Smith has resigned from the Company, effective 7 March 2025.
New Risk • Nov 12New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$13.8m (US$9.06m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 40% per year over the past 5 years. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Revenue is less than US$1m (AU$214k revenue, or US$140k). Market cap is less than US$10m (AU$13.8m market cap, or US$9.06m).
お知らせ • Oct 29Magnetite Mines Limited Announces Resignation of Jim Mckerlie as DirectorMagnetite Mines Limited advised that Mr. Jim McKerlie will resign as a Non-Executive Director at the Company's upcoming Annual General Meeting (AGM) due to personal commitments and other business interests. Mr. McKerlie joined the Board in January 2022 as a Non-Executive Director. He then served as Chair of the Board from September 2023 to September 2024 before transitioning back to a Non-Executive Director role.
New Risk • Sep 23New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 38% per year over the past 5 years. Revenue is less than US$1m (AU$236k revenue, or US$161k). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Shareholders have been diluted in the past year (33% increase in shares outstanding). Market cap is less than US$100m (AU$18.4m market cap, or US$12.5m).
お知らせ • Sep 03Magnetite Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 4.1 million.Magnetite Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 4.1 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 10,000,000 Price\Range: AUD 0.2 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 10,500,000 Price\Range: AUD 0.2 Discount Per Security: AUD 0.002 Security Features: Attached Options Transaction Features: Rights Offering
お知らせ • Jun 21Magnetite Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 5.085792 million.Magnetite Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 5.085792 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 16,405,781 Price\Range: AUD 0.31 Transaction Features: Rights Offering
New Risk • May 09New 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 Less than 1 year of cash runway based on free cash flow trend (-AU$8.7m free cash flow). Earnings have declined by 38% per year over the past 5 years. Revenue is less than US$1m (AU$236k revenue, or US$155k). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (30% increase in shares outstanding). Market cap is less than US$100m (AU$34.9m market cap, or US$23.0m).
New Risk • Mar 09New 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). Earnings have declined by 38% per year over the past 5 years. Revenue is less than US$1m (AU$186k revenue, or US$123k). Minor Risks Shareholders have been diluted in the past year (30% increase in shares outstanding). Market cap is less than US$100m (AU$26.6m market cap, or US$17.6m).
New Risk • Nov 24New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 30% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 26% per year over the past 5 years. Revenue is less than US$1m (AU$213k revenue, or US$140k). Minor Risks Shareholders have been diluted in the past year (30% increase in shares outstanding). Market cap is less than US$100m (AU$31.0m market cap, or US$20.4m).
お知らせ • Oct 23Magnetite Mines Limited, Annual General Meeting, Nov 23, 2023Magnetite Mines Limited, Annual General Meeting, Nov 23, 2023, at 10:00 Cen. Australia Standard Time. Location: David Spence Room Adelaide Town Hall, 128 King William Street, Adelaide Adelaide Australia Agenda: To consider the Non-Binding Resolution to adopt Remuneration Report; to consider the Election of Dr. Carmen Letton as a Director; to consider the Approval to issue Performance Rights and Options to Chief Executive Officer, Tim Dobson; to consider the Approval of Additional 10% Placement Capacity; to consider the Board Spill Meeting Resolution; and to consider other matters.
New Risk • Oct 19New 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$14m free cash flow). Earnings have declined by 26% per year over the past 5 years. Revenue is less than US$1m (AU$213k revenue, or US$134k). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (AU$31.9m market cap, or US$20.1m).
New Risk • Sep 08New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$17m free cash flow). Earnings have declined by 6.1% per year over the past 5 years. Revenue is less than US$1m (AU$254k revenue, or US$162k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Market cap is less than US$100m (AU$27.3m market cap, or US$17.4m).
お知らせ • Jul 06Magnetite Mines Limited Announces the Appointment of Simon Smith as Chief Financial Officer, Commencing September 2023Magnetite Mines Limited announced the appointment of Mr. Simon Smith as Chief Financial Officer (CFO), commencing September 2023. Simon is a highly accomplished CFO and Company Secretary with extensive experience in both ASX and TSX listed companies. He has played a pivotal role in the leadership and strategic direction of growth-driven companies, effectively driving their financial success. Simon has successfully led the execution of capital raisings totalling over AUD 500 million, encompassing both debt and equity financing, as well as initial public offerings (IPOs). Simon is a member of the Australian Institute of Chartered Accountants and was most recently the CFO of Energy Action Limited. Prior to that, he was CFO and Company Secretary of ASX-listed Heron Resources Limited, overseeing the $340 million project financing and commercial development of the Woodlawn Zinc Copper Mine in NSW through to full scale operations.
お知らせ • Jun 27Magnetite Mines Limited Launches Foothight Sustainability PlatformMagnetite Mines Limited launched foresight, the Company's sustainability platform driving ESG-related actions through the project study, design, delivery and operational stages. As the existing iron ore sector seeks to transition to a new future centered on sustainable practices, Magnetite Mines intends to emerge as a new producer of premium-grade iron ore to meet the demand of the decarbonizing steel industry, with a collaborative and focused sustainability culture embedded from the outset. By bringing focus to Magnetite Mines' leading ESG profile, the company can design and showcase a sustainable mining future with the objective of becoming an iron ore supplier of choice. project delivery must demonstrate pathways to net zero carbon operations, nature-positive outcomes, actions that support the building of resilient, inclusive communities and adaptive governance. adoption of, and alignment with, global standards, such as the Initiative for Responsible Mining Assurance (IRMA), will demonstrate credibility as responsible operators and support attractiveness to customers. foresight is intended to become a key identifier and differentiator for Magnetite Mines, and an essential component of the Company's strategy for engaging with project partners, financiers, regulators and other stakeholders. MGT recognizes that embedding sustainability within its business provides a significant competitive advantage and opens opportunities for new value creation. A meaningful commitment to responsible resource development across environment, social and governance (ESG) aspects can commonly deliver: reduced cost of capital, insurance, etc.; market opportunities, particularly for supply chains where product assurance is critical (i.e., ResponsibleSteel); cost efficiencies associated with sustainable practices and collaboration; efficient attraction and retention of labor; improved environmental performance and compliance outcomes; and engaged and supportive communities and stakeholders.
Recent Insider Transactions • Feb 16Non-Executive Director recently bought AU$99k worth of stockOn the 13th of February, Paul White bought around 124k shares on-market at roughly AU$0.80 per share. This transaction increased Paul's direct individual holding by 6x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$149k more in shares than they have sold in the last 12 months.
お知らせ • Feb 09+ 1 more updateMagnetite Mines Limited Announces Mineral Resource Estimate Update for the Iron Peak Deposit, and the Razorback Iron Ore ProjectThe Iron Peak sample also exhibit the lowest average bond ball work index (at 6.8kWh/t), and the lowest abrasion index (0.05), translating to lower processing costs when compared with samples from other parts of the Project resource base. The Iron Peak Deposit represents a portion of the wider Razorback Iron Ore Project Mineral Resource Estimate and lies approximately 4kms to the east of the current proposed process plant location. The updated Mineral Resource includes an increase in the quantity of material in Indicated classification (available for potential conversion to Ore Reserves) to 286 Mt, up 14% from 247 Mt. The combination of increased mass recovery and Indicated classification tonnage, along with superior metallurgical response, has positive implications for Project development as higher mass recovery enables more magnetite concentrate to be produced per tonne of plant feed. Given the deposit's historically smaller tonnage and distance from the plant, the deposit has previously featured late in mine scheduling. Based on this new information, MGT's mining consultants have commenced new pit optimisation modelling and plant feed sequencing to assess concentrate production from Iron Peak mineralisation in the initial years of the Project life. Drilling at the Iron Peak deposit commenced in October 2021 and was completed in late January 2022. Sampling of core material for resource purposes followed metallurgical sampling and was completed in mid-2022 for analysis at Bureau Veritas Laboratories. The drill program consisted of two primary drill programs: This drilling program consisted of 11 PQ diameter diamond drill holes, drilled vertically and for the purpose of metallurgical sampling. The program was designed to intersect varying lithologies across the Iron Peak deposit in both weathered and fresh domains of the resource, to represent early year plant feed. The metallurgical drill program comprised 1,393m of drilling and produced 1,326 samples for head grade (XRF and SATMAGAN) and Davis Tube Recovery (DTR - Mass Recovery) analysis. This program followed metallurgical drilling and consisted of 6 HQ diameter diamond drill holes. The drill program was designed to intersect mineralisation at Iron Peak in areas with poor drill coverage, to improve near surface resource classification and intersect prospective stratigraphy previously inaccessible due to topography (Unit A). Drill holes were orientated to intersect mineralisation near- perpendicular to the dip-angle. The shallow infill drill program comprised 519m of drilling and produced 487 samples for head grade (XRF and SATMAGAN) and Davis Tube Recovery (DTR - Mass Recovery) analysis. Drilling was undertaken with a KWL 1600H Multipurpose rig via drilling contractor Foraco. Drill site placement, geological logging and sampling was undertaken by MGT staff. Completed in parallel with Iron Peak, the Razorback Deposit Mineral Resource Estimate, which includes the Razorback Ridge and Razorback West prospects, has been updated to maintain consistency of resource estimation methodology across the deposits. Accordingly, the Razorback Deposit was subjected to the same domaining assumptions as applied to the Iron Peak Deposit, for the application of eDTR regressions to the weathering profile and fresh search domains. This resulted in a minor adjustment for this deposit with the Mineral Resource Estimate updated to 2,740Mt at 15.4% mass recovery, up from 2,580Mt at 15.6% mass recovery. In combination, the Iron Peak Mineral Resource Estimate, together with the updated Razorback Mineral Resource Estimate, form the Razorback Iron Ore Project Resource Estimate. Following this update, the Company's global Mineral Resource Estimate has increased to 5,982 Mt for a combination of Inferred and Indicated classified iron mineralisation, per JORC 2012 code and guidelines. Geological modelling and interpretation of bedding and structural geometry follows the previous Resource Estimate for the Razorback Iron Ore Project with minor wireframe updates. The initial geological interpretation was completed by independent geological consultants and updated with additional drilling data acquired during the 2021/2022 metallurgical and infill drill program. Data included in the updated interpretation included lithological, geophysical (downhole magnetic susceptibility and density logging data) and photographic data. Geological model wireframes were updated and results of the interpretation were imported into the Micromine Resource Estimation software suite by Widenbar and Associates, for block modelling and resource estimation. All data and interpretations were verified by the Company's in-house geological team.
お知らせ • Jan 25Magnetite Mines Limited Announces Appointment of Carmen Letton as Non-Executive DirectorMagnetite Mines Limited announced the appointment of Dr. Carmen Letton as Non- Executive Director, effective immediately. Dr. Letton is a mining engineer and mineral economist with over 35 years' global mining experience, holding senior leadership positions in operations, engineering, asset and business development and corporate strategy. She has particular technical expertise in open pit and underground mines across multiple commodities and the many stages of asset development. Most recently, Dr. Letton was Head of Resource Development and Life of Asset Planning (Asset Strategy Development) at Anglo American, having previously worked at BHP Billiton, Rio Tinto, Newmont, and Newcrest. Dr. Letton was selected as one of the "100 Global Inspirational Women in Mining" in 2016 and 2018 by Women in Mining UK. She holds a PhD Mineral Economics from the University of Queensland and a Bachelor of Engineering (Hon) (Mining) from the West Australian School of Mines.
お知らせ • Jan 17Magnetite Mines Limited Provides Update on Razorback Project Optimisation StudiesMagnetite Mines Limited provided a progress update on the optimisation studies commenced in September 2022 and scheduled for completion by the end of first quarter 2023. As announced on 13 September 20221, the Company refocused its Razorback Iron Ore Project (Project) development strategy in line with evolving market conditions and downstream industry feedback. A suite of optimisation studies were commenced aimed at defining the go-forward scope for a refocused DFS (Definitive Feasibility Study). The key objectives of the optimisation studies are to: Increase and optimise Stage 1 production, with a minimum 5Mtpa capacity, to enhance project economics via economies of scale, while taking advantage of the 5.7 billion tonne Project resource base; Increase Project attractiveness to potential iron and steel industry partners and customers, institutional investors, and project financiers; Access potential to re-estimate Ore Reserves as a direct result of expanded production scale; and Improve ESG credentials through enhanced concentrate specifications that support downstream iron and steelmaking decarbonisation, and potential electrification of major equipment supported by larger-scale development. The Company reported that all studies are progressing to plan, with initial AACE Class 5 engineering estimates received on time from the Company's engineering partners. A staged development philosophy has been maintained throughout, commencing with a manageable but robustly economic start-up capacity, expanding thereafter to meet market demand. Key Study outcomes achieved so far which are subject to further testing include: Plant Optimisation: Magnetite processing specialists Hatch are leading the plant optimisation studies with respect to assessing larger scale production scenarios. A key focus of these studies has been the assessment of alternative front-end crushing options and the investigation of opportunities for early-stage rejection of waste and low-grade material via dry magnetic separation. Hatch are also completing parallel studies with respect to tailings storage facility configurations, with both conventional and thickened tailings options currently being investigated.
Board Change • Nov 17Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Non-Executive Director Mal Randall was the last independent director to join the board, commencing their role in 2006. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Director Mal Randall was the last independent director to join the board, commencing their role in 2006. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Executive Departure • Dec 05CFO & Company Secretary Frank DeMarte has left the companyOn the 3rd of December, Frank DeMarte's tenure as CFO & Company Secretary ended after 8.3 years in the role. As of September 2021, Frank still personally held 16.53m shares (AU$413k worth at the time). Frank is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.
Board Change • Aug 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Mal Randall was the last independent director to join the board, commencing their role in 2006. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
