View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsRed Hawk Mining 過去の業績過去 基準チェック /06Red Hawk Miningは20.8%の年平均成長率で業績を伸ばしているが、Metals and Mining業界はdecliningで1.1%毎年増加している。売上は成長しており、年平均7.1%の割合である。主要情報20.82%収益成長率23.10%EPS成長率Metals and Mining 業界の成長29.18%収益成長率7.08%株主資本利益率-10.65%ネット・マージン-53,877.78%前回の決算情報30 Jun 2024最近の業績更新更新なしすべての更新を表示Recent updatesお知らせ • Feb 26Red Hawk Mining Limited Announces Resignation of DirectorsRed Hawk Mining Limited announced the resignation of Directors Ms. Amy Jiang and Mr. Rob Foster from the Red Hawk Board. Mr. Foster joined the Board in October 2022 as the nominee non-executive director of major shareholder TIO (NZ) Limited (TIO). Ms. Jiang was the nominee non-executive director of major shareholder OCJ Investment (Australia) Pty Ltd. (OCJ) and joined the Red Hawk Board in March 2021.New Risk • Oct 18New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €90.9m (US$98.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue is less than US$1m (AU$18k revenue, or US$12k). Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (€90.9m market cap, or US$98.6m).お知らせ • Sep 27Red Hawk Mining Limited, Annual General Meeting, Nov 26, 2024Red Hawk Mining Limited, Annual General Meeting, Nov 26, 2024. Location: at central park, level 39, 152-158 st georges terrace, perth AustraliaNew Risk • Sep 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Revenue is less than US$1m (AU$214k revenue, or US$147k). Minor Risk Shareholders have been diluted in the past year (18% increase in shares outstanding).New Risk • Aug 06New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €90.2m (US$98.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (AU$5.0k revenue, or US$3.2k). Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (€90.2m market cap, or US$98.4m).お知らせ • Aug 02Red Hawk Mining Limited Appoints Michaela Stanton-Cook as Joint Company Secretary, Effective August 2, 2024Red Hawk Mining Limited advised that Ms. Michaela Stanton-Cook has on August 2, 2024 been appointed as Joint Company Secretary of the Company. Ms. Stanton-Cook is a Chartered Secretary with national governance service provider, Source Governance, and is experienced in providing company secretarial and corporate advisory services to ASX listed and private companies across various industries. Michaela is a qualified lawyer and member of the Governance Institute of Australia. The Company further advises that Ms. Lisa Wynne will remain as Joint Company Secretary.お知らせ • Mar 12Red Hawk Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 12.549622 million.Red Hawk Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 12.549622 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 20,916,037 Price\Range: AUD 0.6 Transaction Features: Rights OfferingNew Risk • Nov 28New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.5% 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 (22% average weekly change). High level of non-cash earnings (30% accrual ratio). Revenue is less than US$1m (AU$50k revenue, or US$33k). Minor Risks Shareholders have been diluted in the past year (7.5% increase in shares outstanding). Market cap is less than US$100m (€70.0m market cap, or US$76.8m).Board Change • Nov 26Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Dan Harris was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Nov 21Red Hawk Mining Limited Announces Board ChangesRed Hawk Mining Limited advised that its Board of Directors will be reduced to five members effective immediately. The reduction will "right size" the Board for a company of Red Hawk's size, complexity and shareholder composition. The Board of Red Hawk will now consist of the following members: The Hon. Cheryl Edwardes AM - Independent Non-Executive Chair, Mr. Steven Michael - Managing Director and Chief Executive Officer, Mr. Daniel Harris - Independent Non-Executive Director, Mr. Rob Foster - Non-Executive Director (nominee of TIO (NZ) Limited), Ms Amy Jiang - Non-Executive Director (nominee of OCJ Investments (Australia) Pty Ltd), Messrs Michael Wolley and James Gurry have tendered their resignations from the Board, effective immediately.お知らせ • Sep 27Red Hawk Mining Limited, Annual General Meeting, Nov 21, 2023Red Hawk Mining Limited, Annual General Meeting, Nov 21, 2023, at 10:00 W. Australia Standard Time.New Risk • Sep 24New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 30% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). High level of non-cash earnings (30% accrual ratio). Revenue is less than US$1m (AU$50k revenue, or US$32k). Minor Risk Market cap is less than US$100m (€79.7m market cap, or US$84.8m).お知らせ • Jul 31Flinders Mines Limited Commences Scoping Study At the 100%-Owned Pilbara Iron Ore Project in the Pilbara Region of Western AustraliaFlinders Mines Limited provided the following activities report which summarise progress achieved during the quarter ended 30 June 2023 (June Quarter). Pilbara Iron Ore Project. Flinders has commenced a Scoping Study at the 100%-owned Pilbara Iron Ore Project (PIOP) in the Pilbara region of Western Australia. The Scoping Study is intended to 'right size' the development of the PIOP, with a focus on speed to market and lowering upfront capital. The Scoping Study will provide a 'base case' scenario, based on a sustainable production rate of up to 3 million tonnes per annum of +60% Fe direct shipping ore (DSO) utilising public access and third-party transport and export infrastructure where possible. Flinders has engaged several reputable technical and financial consultants to deliver the Scoping Study, including CSA Global, Orelogy Mine Consulting, Ausenco and FTI Consulting. During the June Quarter, an extensive amount of work was undertaken on progressing the Scoping Study, including geological reinterpretation of the Delta and Paragon deposits, with a focus on defining DSO grade mineralisation. The results of the Scoping Study are expected to be released in third quarter 2023. As announced post the June Quarter, the Company, Todd Corporation and BBIG Group Pty Ltd. (BBIG) mutually agreed to terminate the agreement for the Company to acquire 100% of Forge Resources Swan Pty Ltd. (Proposed Transaction), which included the assets of BBIG's Balla Balla Infrastructure Project. The termination of the Proposed Transaction was due to the Conditions Precedent being unable to be fulfilled within the specified timeline required under the agreement. The Company will now retain the $3.3 million purchase consideration and will no longer be obliged to meet ongoing capital expenditure commitments of approximately $2 million per annum for tenement expenditure and maintenance. The Company has directed these savings towards the completion of the Scoping Study, including heritage and environmental programs, and to continue the DSO resource evaluation. Canegrass Project. The Canegrass Project is subject to a Farm-in Agreement (Canegrass FIA) with Viking Mines Limited (Viking), whereby Viking can earn up to a 99% interest in the Canegrass tenements by spending $4 million on exploration and making payments to Flinders of $1.25 million over 54 months (from 30 November 2022).お知らせ • Jan 17Flinders Mines Limited (ASX:FMS) entered into binding agreement to acquire Forge Resources Swan Pty Ltd from BBIG Group Pty Ltd for AUD 3.3 million.Flinders Mines Limited (ASX:FMS) entered into binding agreement to acquire Forge Resources Swan Pty Ltd from BBIG Group Pty Ltd for AUD 3.3 million on January 17, 2023. Flinders Mines and BBIG will now work together toward achieving the various conditions for the Proposed Transaction, which include: Flinders obtaining FIRB approval in relation to the acquisition of the shares in FRS; and completion by BBIG of an internal restructure to give effect to the staged acquisition of the Infrastructure Project and BBIG's retention of assets held by FRS which do not form part of the Infrastructure Project, noting this internal restructure is conditional upon: FIRB approval; corporate reconstruction relief in respect of the transfer of assets held by FRS which do not form part of the Infrastructure Project to another BBIG subsidiary; and consent from the Ngarluma Aboriginal Corporation in relation to the transfer of the assets held by FRS which are not part of the Infrastructure Project to the same BBIG subsidiary.収支内訳Red Hawk Mining の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史DB:F1D0 収益、費用、利益 ( )AUD Millions日付収益収益G+A経費研究開発費30 Jun 240-109031 Mar 240-98031 Dec 230-77030 Sep 23036030 Jun 230134031 Mar 230143031 Dec 220143030 Sep 22063030 Jun 221-23031 Mar 221-124031 Dec 211-224030 Sep 211-224030 Jun 210-223031 Mar 210-134031 Dec 200-44030 Sep 200-66030 Jun 200-88031 Mar 200-77031 Dec 190-76030 Sep 190-66030 Jun 190-55031 Mar 190-55031 Dec 180-44030 Sep 180-33030 Jun 180-22031 Mar 180-22031 Dec 170-22030 Sep 170-22030 Jun 170-22031 Mar 17093031 Dec 160203030 Sep 16084030 Jun 160-44031 Mar 160-284031 Dec 150-533030 Sep 150-413030 Jun 150-293031 Mar 150-174031 Dec 140-45030 Sep 140-45030 Jun 140-55031 Mar 140-750質の高い収益: F1D0は現在利益が出ていません。利益率の向上: F1D0は現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: F1D0は利益を出していないが、過去 5 年間で年間20.8%の割合で損失を削減してきた。成長の加速: F1D0の過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: F1D0は利益が出ていないため、過去 1 年間の収益成長をMetals and Mining業界 ( 18.5% ) と比較することは困難です。株主資本利益率高いROE: F1D0は現在利益が出ていないため、自己資本利益率 ( -10.65% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMaterials 、過去の業績が好調な企業。View Financial Health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2025/03/03 23:06終値2025/02/24 00:00収益2024/06/30年間収益2024/06/30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Red Hawk Mining 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。1 アナリスト機関Hayden BairstowMacquarie Research
お知らせ • Feb 26Red Hawk Mining Limited Announces Resignation of DirectorsRed Hawk Mining Limited announced the resignation of Directors Ms. Amy Jiang and Mr. Rob Foster from the Red Hawk Board. Mr. Foster joined the Board in October 2022 as the nominee non-executive director of major shareholder TIO (NZ) Limited (TIO). Ms. Jiang was the nominee non-executive director of major shareholder OCJ Investment (Australia) Pty Ltd. (OCJ) and joined the Red Hawk Board in March 2021.
New Risk • Oct 18New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €90.9m (US$98.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue is less than US$1m (AU$18k revenue, or US$12k). Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (€90.9m market cap, or US$98.6m).
お知らせ • Sep 27Red Hawk Mining Limited, Annual General Meeting, Nov 26, 2024Red Hawk Mining Limited, Annual General Meeting, Nov 26, 2024. Location: at central park, level 39, 152-158 st georges terrace, perth Australia
New Risk • Sep 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Revenue is less than US$1m (AU$214k revenue, or US$147k). Minor Risk Shareholders have been diluted in the past year (18% increase in shares outstanding).
New Risk • Aug 06New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €90.2m (US$98.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (AU$5.0k revenue, or US$3.2k). Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (€90.2m market cap, or US$98.4m).
お知らせ • Aug 02Red Hawk Mining Limited Appoints Michaela Stanton-Cook as Joint Company Secretary, Effective August 2, 2024Red Hawk Mining Limited advised that Ms. Michaela Stanton-Cook has on August 2, 2024 been appointed as Joint Company Secretary of the Company. Ms. Stanton-Cook is a Chartered Secretary with national governance service provider, Source Governance, and is experienced in providing company secretarial and corporate advisory services to ASX listed and private companies across various industries. Michaela is a qualified lawyer and member of the Governance Institute of Australia. The Company further advises that Ms. Lisa Wynne will remain as Joint Company Secretary.
お知らせ • Mar 12Red Hawk Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 12.549622 million.Red Hawk Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 12.549622 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 20,916,037 Price\Range: AUD 0.6 Transaction Features: Rights Offering
New Risk • Nov 28New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.5% 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 (22% average weekly change). High level of non-cash earnings (30% accrual ratio). Revenue is less than US$1m (AU$50k revenue, or US$33k). Minor Risks Shareholders have been diluted in the past year (7.5% increase in shares outstanding). Market cap is less than US$100m (€70.0m market cap, or US$76.8m).
Board Change • Nov 26Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Dan Harris was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Nov 21Red Hawk Mining Limited Announces Board ChangesRed Hawk Mining Limited advised that its Board of Directors will be reduced to five members effective immediately. The reduction will "right size" the Board for a company of Red Hawk's size, complexity and shareholder composition. The Board of Red Hawk will now consist of the following members: The Hon. Cheryl Edwardes AM - Independent Non-Executive Chair, Mr. Steven Michael - Managing Director and Chief Executive Officer, Mr. Daniel Harris - Independent Non-Executive Director, Mr. Rob Foster - Non-Executive Director (nominee of TIO (NZ) Limited), Ms Amy Jiang - Non-Executive Director (nominee of OCJ Investments (Australia) Pty Ltd), Messrs Michael Wolley and James Gurry have tendered their resignations from the Board, effective immediately.
お知らせ • Sep 27Red Hawk Mining Limited, Annual General Meeting, Nov 21, 2023Red Hawk Mining Limited, Annual General Meeting, Nov 21, 2023, at 10:00 W. Australia Standard Time.
New Risk • Sep 24New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 30% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). High level of non-cash earnings (30% accrual ratio). Revenue is less than US$1m (AU$50k revenue, or US$32k). Minor Risk Market cap is less than US$100m (€79.7m market cap, or US$84.8m).
お知らせ • Jul 31Flinders Mines Limited Commences Scoping Study At the 100%-Owned Pilbara Iron Ore Project in the Pilbara Region of Western AustraliaFlinders Mines Limited provided the following activities report which summarise progress achieved during the quarter ended 30 June 2023 (June Quarter). Pilbara Iron Ore Project. Flinders has commenced a Scoping Study at the 100%-owned Pilbara Iron Ore Project (PIOP) in the Pilbara region of Western Australia. The Scoping Study is intended to 'right size' the development of the PIOP, with a focus on speed to market and lowering upfront capital. The Scoping Study will provide a 'base case' scenario, based on a sustainable production rate of up to 3 million tonnes per annum of +60% Fe direct shipping ore (DSO) utilising public access and third-party transport and export infrastructure where possible. Flinders has engaged several reputable technical and financial consultants to deliver the Scoping Study, including CSA Global, Orelogy Mine Consulting, Ausenco and FTI Consulting. During the June Quarter, an extensive amount of work was undertaken on progressing the Scoping Study, including geological reinterpretation of the Delta and Paragon deposits, with a focus on defining DSO grade mineralisation. The results of the Scoping Study are expected to be released in third quarter 2023. As announced post the June Quarter, the Company, Todd Corporation and BBIG Group Pty Ltd. (BBIG) mutually agreed to terminate the agreement for the Company to acquire 100% of Forge Resources Swan Pty Ltd. (Proposed Transaction), which included the assets of BBIG's Balla Balla Infrastructure Project. The termination of the Proposed Transaction was due to the Conditions Precedent being unable to be fulfilled within the specified timeline required under the agreement. The Company will now retain the $3.3 million purchase consideration and will no longer be obliged to meet ongoing capital expenditure commitments of approximately $2 million per annum for tenement expenditure and maintenance. The Company has directed these savings towards the completion of the Scoping Study, including heritage and environmental programs, and to continue the DSO resource evaluation. Canegrass Project. The Canegrass Project is subject to a Farm-in Agreement (Canegrass FIA) with Viking Mines Limited (Viking), whereby Viking can earn up to a 99% interest in the Canegrass tenements by spending $4 million on exploration and making payments to Flinders of $1.25 million over 54 months (from 30 November 2022).
お知らせ • Jan 17Flinders Mines Limited (ASX:FMS) entered into binding agreement to acquire Forge Resources Swan Pty Ltd from BBIG Group Pty Ltd for AUD 3.3 million.Flinders Mines Limited (ASX:FMS) entered into binding agreement to acquire Forge Resources Swan Pty Ltd from BBIG Group Pty Ltd for AUD 3.3 million on January 17, 2023. Flinders Mines and BBIG will now work together toward achieving the various conditions for the Proposed Transaction, which include: Flinders obtaining FIRB approval in relation to the acquisition of the shares in FRS; and completion by BBIG of an internal restructure to give effect to the staged acquisition of the Infrastructure Project and BBIG's retention of assets held by FRS which do not form part of the Infrastructure Project, noting this internal restructure is conditional upon: FIRB approval; corporate reconstruction relief in respect of the transfer of assets held by FRS which do not form part of the Infrastructure Project to another BBIG subsidiary; and consent from the Ngarluma Aboriginal Corporation in relation to the transfer of the assets held by FRS which are not part of the Infrastructure Project to the same BBIG subsidiary.