Board Change • Jan 05
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Teck Siong Wong was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공지 • Oct 07
eMetals Limited, Annual General Meeting, Nov 24, 2025 eMetals Limited, Annual General Meeting, Nov 24, 2025. New Risk • Sep 29
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 11% per year over the past 5 years. Revenue is less than US$1m (AU$362 revenue, or US$238). Market cap is less than US$10m (AU$5.10m market cap, or US$3.35m). Minor Risk Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Board Change • Sep 19
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Teck Siong Wong was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 22
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Teck Siong Wong was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Mar 25
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Teck Siong Wong was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Mar 14
New major risk - Revenue and earnings growth Earnings have declined by 11% 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 Shares are highly illiquid. Earnings have declined by 11% per year over the past 5 years. Revenue is less than US$1m (AU$16k revenue, or US$9.8k). Market cap is less than US$10m (AU$2.55m market cap, or US$1.60m). 공지 • Oct 08
eMetals Limited, Annual General Meeting, Nov 26, 2024 eMetals Limited, Annual General Meeting, Nov 26, 2024. New Risk • Sep 14
New minor risk - Financial data availability The 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 Shares are highly illiquid. High level of non-cash earnings (72% accrual ratio). Revenue is less than US$1m. Market cap is less than US$10m (AU$4.25m market cap, or US$2.85m). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). 공지 • Sep 05
eMetals Limited Announces Executive Changes eMetals Limited announced that it has appointed Mr. Rhys Waldon, as Company Secretary effective 4 September 2024. The appointment follows the resignation of Mr. Sonu Cheema as Secretary of the Company due to unforeseen personal circumstances. The Board expresses its sincere gratitude to Sonu for his valuable contribution since his appointment. 공지 • Oct 07
eMetals Limited, Annual General Meeting, Nov 24, 2023 eMetals Limited, Annual General Meeting, Nov 24, 2023. New Risk • Aug 27
New minor risk - Financial data availability The 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 Earnings have declined by 24% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$7.65m market cap, or US$4.91m). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). 공지 • Jan 17
eMetals Limited Provides Update on Rock Chips At Beryl Well The Directors of eMetals Limited provided a further update on its exploration activities at its Beryl Well Project in the Gascoyne Region of Western Australia following the receipt of assays from rock chip samples taken in November 2022. These very high grades validate the work completed by previous tenure holders Venus Metals Limited in 2016 who reported high grade rock chip samples including 42.8% Niobium & 13.1% Tantalum. A field visit was undertaken in November 2022 by Company personnel to appraise historical exploration activities at Beryl Well. The Company took a total of 9 rock chip samples on both previously tested and untested pegmatites in and around the Beryl Well Project area and towards possible northern extensions of the pegmatite swarm. Although the extent of the niobium and tantalum rich material is yet to be specifically determined, Company personnel believe it is related to iron rich material confined to structural infill zones. The Beryl Well Project overlies the historical Nardoo & Morrissey Hill workings. Numerous pegmatites are described in the area and mica, beryl and tantalo-columbite have all been mined in the past. Reference 2 Drilling completed by EMT in 2021 focused on the southern pegmatites with a total of 30 reverse circulation holes for 1717 metres. The drilling was targeted on the outcropping pegmatite units to test the concept of cross cutting later structures providing a conduit to the mineralisation however no significant results were returned. The previous high grade rockchips returned by the work of VMC and the latest high grade results from EMTs recent sampling are located to the north of the drilling completed and the recent field visit focused on this area to assess any further potential. 공지 • Nov 22
eMetals Limited Provides an Update on Its Exploration Activities At Its Beryl Well Project The Directors of eMetals Limited provided an update on its exploration activities at its Beryl Well Project (E09/2156) in the Gascoyne Region of Western Australia where historical exploration returned high grade niobium and tantalum rock chip samples. A recent desk top study of historical WAMEX data on Company tenure specifically focussed on niobium and tantalum potential has revealed high grade niobium rock chips samples at Beryl Well by previous tenure holders Venus Metals Limited in 2016 (Refer VMC ASX release dated 15/07/2016). Beryl Well rock chip sampling by VMC returned high-grade Niobium and Tantalum assays located along 500 metres of strike length including: N109 42.8% Niobium & 13.1% Tantalum; N112 1.82% Niobium & 0.53% Tantalum. A field visit was undertaken last week by Company personnel to appraise historical exploration activities at Beryl Well, including the 2021 Company drilling exploration program for which no significant results were obtained, locate areas of historical high grade rock chip samples and determine the possible spatial distribution of the anomalous zones. The Company took a total of 10 rock chip samples on both previously tested and untested pegmatites in and around the Beryl Well Project area and towards possible northern extensions of the pegmatite swarm. Numerous untested pegmatites were observed as well as possible niobium and tantalum rich "float" for which the source is unknown. Samples have been sent to the laboratory for analysis and results are expected in approximately four weeks. Any recommendations for further work will be determined upon receipt of the assay results. BERYL WELL PROJECT: The Beryl Well Project overlies the historical Nardoo & Morrissey Hill workings, with over a tonne of tantalum having been produced from the area in the 20th century. Numerous pegmatites are described in the area and mica, beryl and tantalo-columbite have all been mined in the past. Host rocks for the pegmatites are quartz- feldspathic gneisses of early Proterozoic age intruded by early Proterozoic granitoids to which the pegmatites are related. Drilling completed by EMT in 2021 focused on the southern pegmatites with a total of 30 reverse circulation holes for 1717 metres drilled with no significant results returned. The drilling was targeted on the outcropping pegmatite units to test the concept of cross cutting later structures providing a conduit to the mineralisation. The previous high grade rockchips returned by the work of VMC are located to the north of the drilling completed and the recent field visit focused on this area to assess any further potential. Once the results from the rock chip sampling is returned the Company will evaluate the results and decide on the next phase of work. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. 1 independent director (2 non-independent directors). Independent Non-Executive Director Teck Siong Wong was the last independent director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공지 • Sep 27
eMetals Limited, Annual General Meeting, Nov 29, 2022 eMetals Limited, Annual General Meeting, Nov 29, 2022. Agenda: To consider election of Directors. 공지 • Sep 20
eMetals Limited Provides an Update on Its Exploration Program At Its Willi Creek Project The directors of eMetals Limited provided an update on its exploration program at its Willi Creek Project (E09/2464) in the Gascoyne Region of Western Australia and the appointment of Technical Consultant Mr. Simon Coxhell. Highlights: Field activities to commence at the Willi Creek project in the Gascoyne region of Western Australia prospective for REE mineralization; Over 20 kilometres of prospective strike identified in close spatial association to a highly radiometric granitoid coincident with an extensive N-S trending fault and prominent outcropping vein structures of iron enrichment; The geological setting of the older Moorarie Suite metagranite gneiss is interpreted to be a similar geological setting to the Hasting Technology Metals Limited Yangibana deposits and the recent Dreadnought Resources Limited REE discoveries; Mr. Simon Coxhell, who served as a geological consultant for Hastings Technology Metals Limited between 2011-2016 and is responsible for the Simon's Find deposit that comprises part of the Yangiobana resource, appointed as Technical Consultant to the Company to progress exploration activities. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. Independent Non-Executive Director Teck Siong Wong was the last director to join the board, commencing their role in 2013. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공지 • Dec 07
Scorpion Minerals Limited (ASX:SCN) entered into a binding Heads of Agreement to acquire Tenements E 20/896, E 20/963, E 20/964 and 90% interest in E 20/885 from eMetals Limited (ASX:EMT) for AUD 0.4 million. Scorpion Minerals Limited (ASX:SCN) entered into a binding Heads of Agreement to acquire Tenements E 20/896, E 20/963, E 20/964 and 90% interest in E 20/885 from eMetals Limited (ASX:EMT) for AUD 0.4 million on December 6, 2021. As per the transaction, Scorpion Minerals Limited will pay AUD 12,500 in cash, 4 million ordinary shares and the two performance payments of AUD 0.05 million each conditional upon achievement of performance milestones. The transaction is subject to successful completion of due diligence, the parties obtaining all necessary regulatory and shareholder approvals and the Parties obtaining all other necessary third party consents and approvals. The transaction is expected to complete within 60 days. 공지 • Jun 16
Scorpion Minerals Limited Notes Moving Loop Electromagnetic (Mlem) Survey Complete by Emetals Limited South Along Strike from the Pallas Pge-Ni-Cu Target Area Scorpion Minerals Limited note that a Moving Loop Electromagnetic (MLEM) survey completed by EMetals Limited south along strike from the Pallas PGE-Ni-Cu target area has identified several EM anomalies that require follow up. The anomalies are within or adjacent to the same mafic/ultramafic unit that is interpreted to host anomalies at Pallas (Figure 2). The Pharos Project area is located 60km northwest of Cue in the Murchison Mineral Field, Western Australia. The Company provided information on the PGE-Ni-Cu potential at Pharos in an ASX release dated 2 November 2020 which outlined historic drilling completed by CRA Exploration Pty Ltd. (CRA) that identified significant anomalies within and adjacent to mafic/ultramafic intrusives and/or volcanics. Significantly early generation Electromagnetic (EM) surveys completed by Kennecott Explorations (Australia) Pty Limited in 1974 delineated several conductors/anomalies adjacent to the Pallas PGE-Ni-Cu target that were never followed up. The Company intends to conduct field reconnaissance activities as soon as low impact exploration clearance is available. Reprocessing of detailed open file and purchased air magnetic datasets will be completed and if warranted, followed up with Airborne VTEM surveys over selected targets. These activities will support further geological understanding and assist in planning for target drill testing of these and additional priority targets outlined to commence immediately after necessary clearances are
obtained. 공지 • Jun 15
eMetals Limited Provides an Update of its Exploration Projects eMetals Limited provided an update to shareholders on the Company's exploration projects. eMetals continues to progress its projects to drill testing and evaluation with further exciting high-impact exploration in the pipeline including drill testing of highly prospective EM anomalies at the Mughal nickel project in the coming quarter." The Mughal Prospect is a greenfields nickel, copper and platinum group element prospect which eMetals Limited has developed on its 90% owned Poona Project, near Cue, Western Australia. Evidence of potential nickel sulphide mineralisation has been developed from soil sampling over mafic and ultramafic rocks carried out in 2020. Soil anomalies have been defined over approximately 9 kilometres of stratigraphy, with highly coincident geochemistry up to 0.15% Ni, 240ppm Cu, 380ppm Co and 114ppb PGE's overlying lateritised ultramafic rocks. eMetals interprets the stratigraphy to potentially represent a similar intrusive unit to the nearby 1.39 million ounce Parks Reef platinum project. During early May the Company completed the bulk of its planned Moving Loop EM survey, with completion affected by Cyclone Seroja and further intense rainfall in the area late in May. The initial results show a discrete EM conductor on one traverse (1000W), which has been modelled, with the initial and preliminary interpretation being two plates of conductive sulphides with 50m strike length, dipping north. The Company's geophysical contractor has suggested improving the resolution of the anomaly and plate orientation by conducting a smaller in-fill survey around this conductor. Completion of this survey is awaiting availability of contractors and equipment. Two stratigraphy parallel, discrete stratigraphic conductive responses and a broad, diffuse bedrock conductive zone are suggestive of potential for bodies of disseminated sulphide within the bedrock. Given the Ni-Cu-PGE and Ni-Cu-Co soil anomalism that exists in the area, these stratigraphic conductors warrant drill testing. The Company has been sufficiently encouraged by this result to begin drill planning, with POW's lodged, and a heritage clearance survey for the work program due to be completed in early July. Finalisation of the drill hole plans will be dependent upon results from the in-fill MLEM survey which is planned for next month. The Company also plans to drill The Raj tantalite prospect at the same time as the drilling of the Mughal Nickel Prospect. eMetals has begun regional soil sampling of the Jacksons tenement (E20/896) within the Poona Rare Metals Project where a substantial lithium bearing pegmatite was mapped by Venus Metals Corporation Limited. EMT's sampling will aim to repeat the successful results on E20/885 that identified The Raj and other LCT pegmatite prospects. The Twin Hills Project consists of a single granted exploration license (E29/950) located approximately 30 km northeast of Menzies and 150 km north of Kalgoorlie in the Eastern Goldfields of Western Australia. The tenement covers an area of approximately 30 km2 and extends over approximately 10 km of strike of the greenstone sequence that hosts the excised historical Twin Hills gold mine. The tenement covers the north and south extension of the shear zone which is the interpreted host of mineralisation at Twin Hills. The Cowalinya Project (E62/2049 and E63/2066) is located approximately 30 km east of the locality of Salmon Gums. The geology of the project is comprised of REE anomalous regolith located in an area of deeply weathered Archaean and Proterozoic gneisses. The Project is prospective for Ionic Adsorption Clay (IAC) Type REE deposits. The Project demonstrates the key features associated with ionic clay deposits; deep and intense weathering and REE-enriched bedrock. The Company has conducted an initial series of traverses across the Codra Creek (E09/2472) license application area, with a selection of rock chip samples taken of the granitic basement, skarnified amphibolites and pegmatites. Results show a series of highly REE enriched granites underly the majority of the license area, with a significant proportion of them containing >500ppm REE's, with a peak of 0.29% TREO+Y returned (CR0631). These results highlight the potential of the Gascoyne Province granites to host REE mineralisation and potentially form from them secondary deposits of REE minerals. The Company will investigate the Ionic Clay model for the Gascoyne in the context of these results and ongoing project generative work. The Nardoo Rare Metals Project consists of four granted tenements (E09/2358, E09/2302, E09/2114 and E09/2156) and three tenement applications (E09/2464, E09/2463 and E09/2472) and is prospective for a range of strategic metal and REE mineralisation styles including tungsten and Rare Earth Element bearing skarns. The Company completed 30 RC holes for 1,717m of drilling testing the Nardoo tungsten skarns and the Beryl Well Pegmatites. Drilling was supported by the WA government Exploration Incentive Scheme (EIS) co-funding after a successful grant application by eMetals. 공지 • Feb 11
eMetals Limited Announces Exploration Results for the Poona Rare Metals Project eMetals Limited announced the exploration results for the Poona Rare Metals Project. The Poona Project is located approximately 70 kilometres north west of Cue, in the Murchison Domain of the Yilgarn Craton, Western Australia. The project is approximately 600 kilometres north of Perth and is serviced by sealed and unsealed roads and is strategically located close to rail and gas infrastructure. The Poona Project is prospective for LCT type pegmatite mineralisation hosted within the greenstone belts of the Weld Range, where they are intruded by evolved granites. The Tenements have been explored since the early 1900's when emeralds were discovered at the Aga Khan mine, with modern exploration focusing on gold, nickel, gemstones and more recently for lithium and pegmatite associated mineralisation. eMetals has aggressively explored the Poona Project, discovering significant Ni-Cu-PGE anomalism at the Mughal Prospect, and significant tantalum mineralisation at The Raj prospect. The Poona Project remains lightly explored with 42 holes drilled on E20/885 and no known drilling on E20/896. Previous exploration is summarised in the Company's announcement dated 16 March 2020. The results reported herein are from rock chip samples taken from the Raj Prospect where previous reconnaissance results had shown a swarm of feldspar-quartz-mica pegmatites up to 400m in length contained up to 0.1% Ta2O5. The initial rock chip sampling results were too sparse to confidently plan a drilling program or to be confident in the concentration of tantalite over such a large area. A mapping and sampling program was initiated after the Christmas break to infill sample The Raj pegmatite swarm, plan drill holes and access for a drilling rig. The current work confirms that The Raj is a zone of pegmatites approximately one kilometre in length and up to 400m across. This zone shows with tantalite grades consistently and substantially in excess of 200ppm. The Company notes that The Raj exhibits tantalum oxide concentrations greater than historically operating tantalite mines, for example the Bald Hill mine that operated between 2001 and 2005 at a resource grade of 176ppm Ta2O5 (1 - Australian Energy and Minerals Resources Investor Guide 2020. Geoscience Australia, Canberra). Given the clear prospectivity of the area, the company is advancing plans to drill test the pegmatites to test their down dip extent and continuity. Interpretation of soil sampling and rock chip sampling results over the entire project has been completed, highlighting several priority target areas defined by anomalous lithium, rubidium and caesium in soils (comprising target areas for lithium, caesium pegmatites), tantalum and
niobium anomalous areas (comprising targets for tantalite) and previously highlighted nickel- copper-cobalt and PGE anomalies associated with the Mughal Nickel Prospect. Clear trends of tantalum enrichment in soils are observed around The Raj project and in sparsely explored areas between Aga Khan and Poona East. 공지 • Feb 04
eMetals Limited (ASX:EMT) entered into an agreement to acquire SOC Resources Pty Ltd from Pennyweight Minerals Pty Ltd. eMetals Limited (ASX:EMT) entered into an agreement to acquire SOC Resources Pty Ltd from Pennyweight Minerals Pty Ltd for AUD 0.25 million on February 4, 2021. In consideration for the transaction EMT has agreed to issue Pennyweight Minerals, 5 million fully paid ordinary shares in the capital of EMT and 5 million options to acquire fully paid ordinary shares in the capital of EMT, exercisable at AUD 0.05 on or before December 31, 2022. The agreement is unconditional and is otherwise on ordinary commercial terms. 공지 • Nov 12
eMetals Limited Announces Exploration Results for the Poona Rare Metals Project The Directors of eMetals Limited announced the exploration results for the Poona Rare Metals Project (Poona Project). The Poona Project is located approximately 70 kilometres north west of Cue in the Murchison Domain of the Yilgarn Craton in Western Australia. The Poona Project is prospective for lithiumcaesium-tantalum "LCT type" pegmatite mineralisation hosted within the greenstone belts of the Weld Range where they are intruded by the younger Telegoothera Monzogranite and its various intrusive units. eMetals acquired a 90% interest in E20/885 and a 100% interest in E20/896 from Venus Metals Corporation Limited and a 100% interest in E20/854 from Tungsten Mining NL. It also applied for The Tenements have been explored since the early 1900's when emeralds were discovered at the Aga Khan mine. Modern exploration has focussed on gold, nickel, gemstones and more recently for lithium and pegmatite associated mineralisation. The Project remains under explored with 42 holes drilled on E20/885 and no known drilling on E20/896. Previous exploration update is summarised in the Company's announcement dated 11 June 2020. eMetals exploration of the Poona Project has involved the collection of 261 rock chip samples and 621 soil samples. Soil sampling was undertaken across priority areas of the Poona Project surrounding the historical gemstone mines at Poona and Aga Khan. Lines were spaced 800m apart, with sampling every 50m along lines, targeting broad metasomatic haloes around lithium-caesium- tantalum enriched pegmatite swarms. Sampling methodology and details are reported in the attached JORC Table 1 and 2 and significant rock chip sample results are tabulated in the Appendix. Non-anomalous rock chip samples make up approximately 75% of the sample population as not all pegmatites within the Poona Project contain economic potential. Reported Earnings • Sep 29
Full year earnings released - AU$0.0043 loss per share Over the last 12 months the company has reported total losses of AU$1.15m, with losses widening by 76% from the prior year.