View Future GrowthKorab Resources 과거 순이익 실적과거 기준 점검 0/6Korab Resources 의 수입은 연평균 -23.1%의 비율로 감소해 온 반면, Metals and Mining 산업은 연평균 15.2%의 비율로 증가했습니다. 매출은 연평균 13.6%의 비율로 감소해 왔습니다.핵심 정보-23.12%순이익 성장률-18.27%주당순이익(EPS) 성장률Metals and Mining 산업 성장률22.33%매출 성장률-13.64%자기자본이익률-175.27%순이익률-3,725.91%최근 순이익 업데이트31 Dec 2023최근 과거 실적 업데이트Reported Earnings • Oct 04Full year 2022 earnings released: AU$0.002 loss per share (vs AU$0.002 loss in FY 2021)Full year 2022 results: AU$0.002 loss per share (in line with FY 2021). Net loss: AU$611.7k (loss widened 15% from FY 2021). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 18First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: AU$0.001 loss per share (vs AU$0.001 loss in 1H 2021). Net loss: AU$289.7k (loss narrowed 24% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 16% per year.Reported Earnings • Oct 01Full year 2021 earnings released: AU$0.002 loss per share (vs AU$0.001 loss in FY 2020)The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2021 results: Revenue: AU$476.5k (up 107% from FY 2020). Net loss: AU$530.8k (loss widened 103% from FY 2020). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 20First half 2021 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in 1H 2020)The company reported a solid first half result with improved revenues and control over costs, although losses increased. First half 2021 results: Revenue: AU$160.0k (up AU$150.0k from 1H 2020). Net loss: AU$379.0k (loss widened 34% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 02Full year earnings released - AU$0.0008 loss per shareOver the last 12 months the company has reported total losses of AU$261.1k, with losses narrowing by 52% from the prior year.모든 업데이트 보기Recent updates공시 • Oct 31Korab Resources Limited, Annual General Meeting, Nov 29, 2024Korab Resources Limited, Annual General Meeting, Nov 29, 2024. Location: armada accountants & advisors, 18 sangiorgio court, osborne park, wa, 6017, Australia분석 기사 • Apr 13Would Korab Resources (ASX:KOR) Be Better Off With Less Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...공시 • Feb 28Korab Resources Limited (ASX:KOR) signed an agreement to acquire Exploration Licence E08/3560 in Ashburton Mineral Field in Western Australia from Rheingold Investments Corporation Pty Ltd.Korab Resources Limited (ASX:KOR) signed an agreement to acquire Exploration Licence E08/3560 in Ashburton Mineral Field in Western Australia from Rheingold Investments Corporation Pty Ltd. on February 27, 2024. The transaction is conditional upon shareholder approval of Korab. Rheingold and Korab have agreed that if the Objection is successful and the Application proceeds to the grant of Exploration Licence E08/3560 then within 60 days from the date of the grant of Exploration Licence E08/3560 Rheingold will provide Korab with an executed transfer Form 23.New Risk • Jan 30New 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 Australian stocks, typically moving 19% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$448k free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$4.04m market cap, or US$2.66m).공시 • Oct 30Korab Resources Limited, Annual General Meeting, Nov 30, 2023Korab Resources Limited, Annual General Meeting, Nov 30, 2023, at 14:00 W. Australia Standard Time. Location: Armada Accountants & Advisors, 18 Sangiorgio Court Osborne Park Western Australia Australia Agenda: To receive and consider the financial statements of the Company for the year ended 30 June 2023; to consider and approve the remuneration report; to consider and approve the election of Director; and to consider and ratification of appointment of Auditor.New Risk • Oct 11New 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$448k free cash flow). Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$5.87m market cap, or US$3.77m). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change).분석 기사 • Oct 09We Think Korab Resources (ASX:KOR) Has A Fair Chunk Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...분석 기사 • Mar 24Does Korab Resources (ASX:KOR) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...공시 • Dec 29Korab Resources Limited Provides Lithium and Rare Earth Oxides Review and Magnesium Scoping Study UpdateKorab Resources Ltd. advised that Korab is continuing the review of Lithium and Rare Earth Oxides (REO) exploration potential of the Batchelor and Green Alligator Projects located in the Pine Creek Orogen near Darwin in the Northern Territory. This review is the first in-depth systematic assessment of Korab's exploration database targeting lithium and rare earth oxides mineralisation. This database includes (but is not limited to) exploration results from Korab's own exploration programs, various exploration records containing historical geochemical and geophysical data from government and private-sector, as well as closed-file and open-file reports. Initial results of the Lithium and REO Review are expected to be available for release to the market in early 2023. Korab further advises that it is continuing the scoping study which is evaluating economics of an environmentally-friendly production method to produce sustainable, "zero-carbon", "green" magnesium metal together with several additional sellable "bonus" products from the Winchester Magnesium Project located near Darwin in the Northern Territory. The production method which is being evaluated as part of this scoping study does not utilise aluminium and ferrosilicon but instead relies on the more modern technologies developed in recent years. As part of this scoping study, the Company is assessing the use of two solar farms adjacent to the Winchester Project (that have a combined capacity of 22MW-24MW) to provide electric power to the Winchester Project. Results of this scoping study assessing the economics of producing "zero-carbon", "green" magnesium metal using an alternative method are expected to be available for release to the market in 2023.공시 • Dec 07Korab Resources Limited Announces That the Company's Non-Executive Director, Henry H. J. Skeet, Passed Away Suddenly on December 5, 2022Korab Resources Limited announce that the Company's Non-Executive Director, Henry H. J. Skeet, passed away suddenly on December 5, 2022. Rodney was appointed as a Non-Executive Director of Korab on 4 November 2002 and he has held this position for over 20 years greatly contributing to Korab's evolution and growth. He was instrumental in listing Korab on the ASX. Over the years he has provided to the Company his strategic planning skills, his expertise in resources financing, as well as his broad network of international contacts and friends within business, mining, securities and government sectors. Rodney's background was in commodities financing and investment banking. During his career spanning several decades he has held senior positions with financial institutions in the UK and USA including Phillip & Lion, IndoSuez, Credit Agricole, Rudolf Wolf and Brody White Inc. Prior to joining Korab he has held the position of vice president of Dean Witter-Morgan Stanley Group in New York, USA.공시 • Dec 06Korab Resources Ltd Appoints Alicja Karpinski as A Non-Executive Director of Korab, Effective ImmediatelyKorab Resources Ltd. has appointed Mrs. Alicja Karpinski as a Non-Executive Director of Korab, effective immediately. Alicja has over 30 years' experience in the mining industry, corporate finance, commodities trading, and health industry. Alicja completed Master of Law and Public Administration coursework at the University of Warsaw, Poland. Mrs. Karpinski decided to renounce her entitlement to be paid directors' fees, and will perform her non-executive directors' duties without receiving any directors' fees. This will allow the Company to reduce the annual payments for directors' fees by $26,000. Her other directorships include Polymetallica Minerals Limited and Rheingold Investments Corporation Pty Ltd.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. Non-Executive Independent Director Anthony Wills was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Oct 27Korab Resources Limited, Annual General Meeting, Nov 28, 2022Korab Resources Limited, Annual General Meeting, Nov 28, 2022, at 13:00 W. Australia Standard Time. Location: HLB Mann Judd, Level 4, 130 Stirling Street, Perth Western Australia Australia Agenda: To receive and consider the financial statements of the Company for the year ended 30 June 202 consisting of the Profit and Loss Statement, Balance Sheet, report of the Company and the reports of the Directors and Auditors for the year ended 30 June 2022; to consider that, Mr Anthony G. Wills be re-elected as Director of the Company; and to consider that for the purposes of section 327B(1)(b) of the Corporations Act 2001 (Cth) and for all other purposes, Armada Audit & Assurance Pty Ltd, having consented in writing and being duly nominated by a Shareholder in accordance with section 328B(1) of the Corporations Act 2001 (Cth), be appointed as Auditor of the Company effective from the close of the Meeting; and to discuss other matters.Reported Earnings • Oct 04Full year 2022 earnings released: AU$0.002 loss per share (vs AU$0.002 loss in FY 2021)Full year 2022 results: AU$0.002 loss per share (in line with FY 2021). Net loss: AU$611.7k (loss widened 15% from FY 2021). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Jun 30Korab Resources (ASX:KOR) Has A Somewhat Strained Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. Non-Executive Independent Director Anthony Wills was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 18First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: AU$0.001 loss per share (vs AU$0.001 loss in 1H 2021). Net loss: AU$289.7k (loss narrowed 24% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 16% per year.분석 기사 • Mar 17Here's Why Korab Resources (ASX:KOR) Has A Meaningful Debt BurdenHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...공시 • Mar 10Korab Resources Limited Results of the Scoping Study Assessing the Economics of A Tested and Proven Magnesium Production Method Relying on Electric Arc FurnaceKorab Resources Limited results of the scoping study assessing the economics of a tested and proven magnesium production method relying on electric arc furnace using as feedstock magnesium oxide, aluminium, and ferrosilicon to produce magnesium metal (the Scoping Study). The Scoping Study estimated the capital cost of the Project at between AUD 409 million and AUD 422 million. This capital cost estimate includes direct costs estimate of between AUD 330 million and AUD 340 million, indirect cost estimate of between AUD 46 million and AUD 48 million, and a contingency of 10% of estimated direct costs. Direct cost estimate includes the cost of mine, site, hydrology, processing plant, and gas scrubbing and waste management. Indirect costs include E.P.C.M. costs, temporary facilities costs, and Australian transport costs. The production cost of the magnesium metal has been estimated at between AUD 5,300 per tonne and AUD 5,400 per tonne. Production cost estimate includes contingency of 10%. Production costs estimates include ongoing maintenance costs and consumables. Annual revenue has been estimated at around AUD 500 million at magnesium metal price of approximately AUD 10,000 and the production level of 50,000 tonnes per year. Annual gross profit margin has been estimated at between AUD 230 million and AUD 235 million.분석 기사 • Oct 14Is Korab Resources (ASX:KOR) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Oct 01Full year 2021 earnings released: AU$0.002 loss per share (vs AU$0.001 loss in FY 2020)The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2021 results: Revenue: AU$476.5k (up 107% from FY 2020). Net loss: AU$530.8k (loss widened 103% from FY 2020). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 20First half 2021 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in 1H 2020)The company reported a solid first half result with improved revenues and control over costs, although losses increased. First half 2021 results: Revenue: AU$160.0k (up AU$150.0k from 1H 2020). Net loss: AU$379.0k (loss widened 34% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.분석 기사 • Mar 17Is Korab Resources (ASX:KOR) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...공시 • Nov 18Korab Resources Limited, Annual General Meeting, Dec 22, 2020Korab Resources Limited, Annual General Meeting, Dec 22, 2020, at 11:00 W. Australia Standard Time. Location: HLB Mann Judd Level 4, 130 Stirling Street Perth Australia Agenda: To consider and receive the financial statements of the company for the year ended June 30, 2020, consisting of the Profit and Loss Statement, Balance Sheet, report of the company and the reports of the Directors and auditors for the year ended June 30, 2020; to consider the remuneration report; and to consider the election of Director of the company.Reported Earnings • Oct 02Full year earnings released - AU$0.0008 loss per shareOver the last 12 months the company has reported total losses of AU$261.1k, with losses narrowing by 52% from the prior year.매출 및 비용 세부 내역Korab Resources가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이ASX:KOR 매출, 비용 및 순이익 (AUD Millions)날짜매출순이익일반관리비연구개발비31 Dec 230-10030 Sep 230-10030 Jun 230-10031 Mar 230-10031 Dec 220-10030 Sep 220-10030 Jun 220-10031 Mar 220-10031 Dec 21000030 Sep 21000030 Jun 210-10031 Mar 21000031 Dec 20000030 Sep 20000030 Jun 20000031 Mar 20000031 Dec 190-10030 Sep 190-10030 Jun 190-10031 Mar 190-10031 Dec 180-10030 Sep 180-10030 Jun 18000031 Mar 18000031 Dec 170-10030 Sep 170-10030 Jun 170-10031 Mar 170-10031 Dec 160-10030 Sep 160-10030 Jun 160-10031 Mar 160-10031 Dec 150-10030 Sep 150-10030 Jun 150-10031 Mar 150-20031 Dec 140-40030 Sep 140-40030 Jun 140-40031 Mar 140-200양질의 수익: KOR 은(는) 현재 수익성이 없습니다.이익 마진 증가: KOR는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: KOR은 수익성이 없으며 지난 5년 동안 손실이 연평균 23.1% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 KOR의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: KOR은 수익성이 없어 지난 해 수익 성장률을 Metals and Mining 업계(59.9%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: KOR는 현재 수익성이 없으므로 자본 수익률이 음수(-175.27%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMaterials 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/10/22 12:53종가2024/07/25 00:00수익2023/12/31연간 수익2023/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Korab Resources Limited는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • Oct 04Full year 2022 earnings released: AU$0.002 loss per share (vs AU$0.002 loss in FY 2021)Full year 2022 results: AU$0.002 loss per share (in line with FY 2021). Net loss: AU$611.7k (loss widened 15% from FY 2021). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 18First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: AU$0.001 loss per share (vs AU$0.001 loss in 1H 2021). Net loss: AU$289.7k (loss narrowed 24% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 16% per year.
Reported Earnings • Oct 01Full year 2021 earnings released: AU$0.002 loss per share (vs AU$0.001 loss in FY 2020)The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2021 results: Revenue: AU$476.5k (up 107% from FY 2020). Net loss: AU$530.8k (loss widened 103% from FY 2020). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 20First half 2021 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in 1H 2020)The company reported a solid first half result with improved revenues and control over costs, although losses increased. First half 2021 results: Revenue: AU$160.0k (up AU$150.0k from 1H 2020). Net loss: AU$379.0k (loss widened 34% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 02Full year earnings released - AU$0.0008 loss per shareOver the last 12 months the company has reported total losses of AU$261.1k, with losses narrowing by 52% from the prior year.
공시 • Oct 31Korab Resources Limited, Annual General Meeting, Nov 29, 2024Korab Resources Limited, Annual General Meeting, Nov 29, 2024. Location: armada accountants & advisors, 18 sangiorgio court, osborne park, wa, 6017, Australia
분석 기사 • Apr 13Would Korab Resources (ASX:KOR) Be Better Off With Less Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
공시 • Feb 28Korab Resources Limited (ASX:KOR) signed an agreement to acquire Exploration Licence E08/3560 in Ashburton Mineral Field in Western Australia from Rheingold Investments Corporation Pty Ltd.Korab Resources Limited (ASX:KOR) signed an agreement to acquire Exploration Licence E08/3560 in Ashburton Mineral Field in Western Australia from Rheingold Investments Corporation Pty Ltd. on February 27, 2024. The transaction is conditional upon shareholder approval of Korab. Rheingold and Korab have agreed that if the Objection is successful and the Application proceeds to the grant of Exploration Licence E08/3560 then within 60 days from the date of the grant of Exploration Licence E08/3560 Rheingold will provide Korab with an executed transfer Form 23.
New Risk • Jan 30New 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 Australian stocks, typically moving 19% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$448k free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$4.04m market cap, or US$2.66m).
공시 • Oct 30Korab Resources Limited, Annual General Meeting, Nov 30, 2023Korab Resources Limited, Annual General Meeting, Nov 30, 2023, at 14:00 W. Australia Standard Time. Location: Armada Accountants & Advisors, 18 Sangiorgio Court Osborne Park Western Australia Australia Agenda: To receive and consider the financial statements of the Company for the year ended 30 June 2023; to consider and approve the remuneration report; to consider and approve the election of Director; and to consider and ratification of appointment of Auditor.
New Risk • Oct 11New 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$448k free cash flow). Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$5.87m market cap, or US$3.77m). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change).
분석 기사 • Oct 09We Think Korab Resources (ASX:KOR) Has A Fair Chunk Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
분석 기사 • Mar 24Does Korab Resources (ASX:KOR) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
공시 • Dec 29Korab Resources Limited Provides Lithium and Rare Earth Oxides Review and Magnesium Scoping Study UpdateKorab Resources Ltd. advised that Korab is continuing the review of Lithium and Rare Earth Oxides (REO) exploration potential of the Batchelor and Green Alligator Projects located in the Pine Creek Orogen near Darwin in the Northern Territory. This review is the first in-depth systematic assessment of Korab's exploration database targeting lithium and rare earth oxides mineralisation. This database includes (but is not limited to) exploration results from Korab's own exploration programs, various exploration records containing historical geochemical and geophysical data from government and private-sector, as well as closed-file and open-file reports. Initial results of the Lithium and REO Review are expected to be available for release to the market in early 2023. Korab further advises that it is continuing the scoping study which is evaluating economics of an environmentally-friendly production method to produce sustainable, "zero-carbon", "green" magnesium metal together with several additional sellable "bonus" products from the Winchester Magnesium Project located near Darwin in the Northern Territory. The production method which is being evaluated as part of this scoping study does not utilise aluminium and ferrosilicon but instead relies on the more modern technologies developed in recent years. As part of this scoping study, the Company is assessing the use of two solar farms adjacent to the Winchester Project (that have a combined capacity of 22MW-24MW) to provide electric power to the Winchester Project. Results of this scoping study assessing the economics of producing "zero-carbon", "green" magnesium metal using an alternative method are expected to be available for release to the market in 2023.
공시 • Dec 07Korab Resources Limited Announces That the Company's Non-Executive Director, Henry H. J. Skeet, Passed Away Suddenly on December 5, 2022Korab Resources Limited announce that the Company's Non-Executive Director, Henry H. J. Skeet, passed away suddenly on December 5, 2022. Rodney was appointed as a Non-Executive Director of Korab on 4 November 2002 and he has held this position for over 20 years greatly contributing to Korab's evolution and growth. He was instrumental in listing Korab on the ASX. Over the years he has provided to the Company his strategic planning skills, his expertise in resources financing, as well as his broad network of international contacts and friends within business, mining, securities and government sectors. Rodney's background was in commodities financing and investment banking. During his career spanning several decades he has held senior positions with financial institutions in the UK and USA including Phillip & Lion, IndoSuez, Credit Agricole, Rudolf Wolf and Brody White Inc. Prior to joining Korab he has held the position of vice president of Dean Witter-Morgan Stanley Group in New York, USA.
공시 • Dec 06Korab Resources Ltd Appoints Alicja Karpinski as A Non-Executive Director of Korab, Effective ImmediatelyKorab Resources Ltd. has appointed Mrs. Alicja Karpinski as a Non-Executive Director of Korab, effective immediately. Alicja has over 30 years' experience in the mining industry, corporate finance, commodities trading, and health industry. Alicja completed Master of Law and Public Administration coursework at the University of Warsaw, Poland. Mrs. Karpinski decided to renounce her entitlement to be paid directors' fees, and will perform her non-executive directors' duties without receiving any directors' fees. This will allow the Company to reduce the annual payments for directors' fees by $26,000. Her other directorships include Polymetallica Minerals Limited and Rheingold Investments Corporation Pty Ltd.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. Non-Executive Independent Director Anthony Wills was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Oct 27Korab Resources Limited, Annual General Meeting, Nov 28, 2022Korab Resources Limited, Annual General Meeting, Nov 28, 2022, at 13:00 W. Australia Standard Time. Location: HLB Mann Judd, Level 4, 130 Stirling Street, Perth Western Australia Australia Agenda: To receive and consider the financial statements of the Company for the year ended 30 June 202 consisting of the Profit and Loss Statement, Balance Sheet, report of the Company and the reports of the Directors and Auditors for the year ended 30 June 2022; to consider that, Mr Anthony G. Wills be re-elected as Director of the Company; and to consider that for the purposes of section 327B(1)(b) of the Corporations Act 2001 (Cth) and for all other purposes, Armada Audit & Assurance Pty Ltd, having consented in writing and being duly nominated by a Shareholder in accordance with section 328B(1) of the Corporations Act 2001 (Cth), be appointed as Auditor of the Company effective from the close of the Meeting; and to discuss other matters.
Reported Earnings • Oct 04Full year 2022 earnings released: AU$0.002 loss per share (vs AU$0.002 loss in FY 2021)Full year 2022 results: AU$0.002 loss per share (in line with FY 2021). Net loss: AU$611.7k (loss widened 15% from FY 2021). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Jun 30Korab Resources (ASX:KOR) Has A Somewhat Strained Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. Non-Executive Independent Director Anthony Wills was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 18First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: AU$0.001 loss per share (vs AU$0.001 loss in 1H 2021). Net loss: AU$289.7k (loss narrowed 24% from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 16% per year.
분석 기사 • Mar 17Here's Why Korab Resources (ASX:KOR) Has A Meaningful Debt BurdenHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
공시 • Mar 10Korab Resources Limited Results of the Scoping Study Assessing the Economics of A Tested and Proven Magnesium Production Method Relying on Electric Arc FurnaceKorab Resources Limited results of the scoping study assessing the economics of a tested and proven magnesium production method relying on electric arc furnace using as feedstock magnesium oxide, aluminium, and ferrosilicon to produce magnesium metal (the Scoping Study). The Scoping Study estimated the capital cost of the Project at between AUD 409 million and AUD 422 million. This capital cost estimate includes direct costs estimate of between AUD 330 million and AUD 340 million, indirect cost estimate of between AUD 46 million and AUD 48 million, and a contingency of 10% of estimated direct costs. Direct cost estimate includes the cost of mine, site, hydrology, processing plant, and gas scrubbing and waste management. Indirect costs include E.P.C.M. costs, temporary facilities costs, and Australian transport costs. The production cost of the magnesium metal has been estimated at between AUD 5,300 per tonne and AUD 5,400 per tonne. Production cost estimate includes contingency of 10%. Production costs estimates include ongoing maintenance costs and consumables. Annual revenue has been estimated at around AUD 500 million at magnesium metal price of approximately AUD 10,000 and the production level of 50,000 tonnes per year. Annual gross profit margin has been estimated at between AUD 230 million and AUD 235 million.
분석 기사 • Oct 14Is Korab Resources (ASX:KOR) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Oct 01Full year 2021 earnings released: AU$0.002 loss per share (vs AU$0.001 loss in FY 2020)The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2021 results: Revenue: AU$476.5k (up 107% from FY 2020). Net loss: AU$530.8k (loss widened 103% from FY 2020). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 20First half 2021 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in 1H 2020)The company reported a solid first half result with improved revenues and control over costs, although losses increased. First half 2021 results: Revenue: AU$160.0k (up AU$150.0k from 1H 2020). Net loss: AU$379.0k (loss widened 34% from 1H 2020). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.
분석 기사 • Mar 17Is Korab Resources (ASX:KOR) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
공시 • Nov 18Korab Resources Limited, Annual General Meeting, Dec 22, 2020Korab Resources Limited, Annual General Meeting, Dec 22, 2020, at 11:00 W. Australia Standard Time. Location: HLB Mann Judd Level 4, 130 Stirling Street Perth Australia Agenda: To consider and receive the financial statements of the company for the year ended June 30, 2020, consisting of the Profit and Loss Statement, Balance Sheet, report of the company and the reports of the Directors and auditors for the year ended June 30, 2020; to consider the remuneration report; and to consider the election of Director of the company.
Reported Earnings • Oct 02Full year earnings released - AU$0.0008 loss per shareOver the last 12 months the company has reported total losses of AU$261.1k, with losses narrowing by 52% from the prior year.