View Past PerformanceCassius Mining 대차대조표 건전성재무 건전성 기준 점검 5/6Cassius Mining 의 총 주주 지분은 A$2.1M 이고 총 부채는 A$207.1K, 이는 부채 대 자기자본 비율을 10% 로 가져옵니다. 총자산과 총부채는 각각 A$2.8M 및 A$685.2K 입니다.핵심 정보9.95%부채/자본 비율AU$207.05k부채이자보상배율n/a현금AU$1.29m자본AU$2.08m총부채AU$685.20k총자산AU$2.77m최근 재무 건전성 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • Apr 09Cassius Mining Limited announced that it expects to receive AUD 5 million in fundingCassius Mining Limited announces a private placement with sophisticated investors to issue Secured Convertible Notes for gross proceeds of AUD 5,000,0000 on April 7, 2026. 1,950,000 Notes in the 1st Tranche to be issued upfront using existing capacity under ASX LR 7.1. and 3,050,000 Notes in the 2nd Tranche to be issued after seeking requisite shareholder approval at an EGM, expected to be held in May 2026. 3.5% interest per quarter, to be capitalised at the end of each calendar quarter, meaning no interest is required to be serviced throughout the loan term of 2 years. The 2 year loan term can be extended longer by mutual agreement with the Company and Noteholders. The Noteholders may convert the Notes into shares at AUD 0.03 until 30 June 2026, and thereafter (until the Maturity Date) at AUD 0.03 or at 20% discount to the 5 day VWA공시 • Dec 22Cassius Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 1.163532 million.Cassius Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 1.163532 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 38,784,400 Price\Range: AUD 0.03 Transaction Features: Subsequent Direct Listing공시 • Dec 17Cassius Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1.163532 million.Cassius Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1.163532 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 38,784,400 Price\Range: AUD 0.03 Transaction Features: Subsequent Direct Listing공시 • Oct 29Cassius Mining Limited, Annual General Meeting, Nov 28, 2025Cassius Mining Limited, Annual General Meeting, Nov 28, 2025. Location: at boardroom, ground floor 3 spring street, sydney Australia공시 • Aug 04Cassius Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.05 million.Cassius Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.05 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 3,333,333 Price\Range: AUD 0.015 Transaction Features: Subsequent Direct Listing공시 • Apr 16Cassius Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.531917 million.Cassius Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.531917 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 35,461,123 Price\Range: AUD 0.015 Transaction Features: Subsequent Direct Listing공시 • Apr 10Cassius Mining Limited has filed a Follow-on Equity Offering.Cassius Mining Limited has filed a Follow-on Equity Offering. Security Name: Ordinary Shares Security Type: Common Stock Transaction Features: Subsequent Direct ListingBoard Change • Feb 04Insufficient 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. Executive Technical Director, Mining Operations Project Lead & Independent Director David Chidlow was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Jan 13Cassius Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1 million.Cassius Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 100,000,000 Price\Range: AUD 0.01 Transaction Features: Subsequent Direct ListingBoard Change • Dec 24Insufficient 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. Executive Technical Director, Mining Operations Project Lead & Independent Director David Chidlow was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Sep 28Full year 2024 earnings released: AU$0.003 loss per share (vs AU$0.002 loss in FY 2023)Full year 2024 results: AU$0.003 loss per share (further deteriorated from AU$0.002 loss in FY 2023). Net loss: AU$1.51m (loss widened 92% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.공시 • Feb 06Cassius Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 1.3 million.Cassius Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 1.3 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 39,393,939 Price\Range: AUD 0.033 Discount Per Security: AUD 0.00198 Transaction Features: Subsequent Direct Listing공시 • Jan 29Cassius Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1.3 million.Cassius Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1.3 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 39,393,940 Price\Range: AUD 0.033 Discount Per Security: AUD 0.00198 Transaction Features: Subsequent Direct ListingNew Risk • Nov 10New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$15.4m (US$9.78m) 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 Revenue is less than US$1m (AU$2.6k revenue, or US$1.7k). Market cap is less than US$10m (AU$15.4m market cap, or US$9.78m). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding).공시 • Oct 23Cassius Mining Limited, Annual General Meeting, Nov 24, 2023Cassius Mining Limited, Annual General Meeting, Nov 24, 2023, at 11:30 AUS Eastern Standard Time. Location: Boardroom, Ground Floor, 3 Spring Street Sydney New South Wales Australia Agenda: To receive and consider the Statement of Financial Position of the Company at 30 June 2023, the Income Statement of the Company for the year ended on that date, together with the consolidated accounts of the Company and its controlled entities and the reports of Directors and Auditors therein; to consider Adoption of Remuneration Report; to consider Re-election of a Director; to consider Ratification of prior issue of placement shares; to consider Issue of placement shares; to consider Issue of Options; and to consider approval of Additional 10% Placement Facility.New Risk • Jun 25New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 54% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.3m free cash flow). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Revenue is less than US$1m (AU$901 revenue, or US$602). Market cap is less than US$10m (AU$12.4m market cap, or US$8.30m).Board Change • Jun 05Insufficient 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. Technical Director, Mining Operations Project Lead & Director David Chidlow was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Mar 20Insufficient 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. Technical Director & Independent Non-Executive Director David Chidlow was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Mar 03Insufficient 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. Technical Director & Independent Non-Executive Director David Chidlow was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Feb 18Cassius Mining Limited Releases the Exploration Results from the Initial Rock Sampling Program in It's Prospecting License (PL) 11921Cassius Mining Limited released the exploration results from the initial rock sampling program in the company's Prospecting License (PL) 11921 at its wholly owned Chenene Lithium Project in Tanzania, including approved sampling from a small scale (14 hectare). Primary Mining License (PML), which is not part of but is fully enclosed by Cassius's large scale PL. SAMPLING: To date sampling has only taken place at Target 1 within the 300 km2 Chenene Project area. A total of 63 rock-chip samples were collected in September/October 2022 from pegmatite outcrops. Focus was on the Dulu area in the west of PL 11921 where Lithium-bearing pegmatite is recorded on the Geological Survey map of the area, now being surface mined on a small scale with limited equipment, within the PML's enclosed by the Cassius PL. An outcrop at Nemazi 5-8 kms east of Dulu was also sampled. The field team mapped and sampled several pegmatites (Fig 1), however two extensive parallel exposures at Dulu were closely reviewed, striking 97-110O with a 50-60O dip to the south: Dulu-1 LCT Pegmatite: followed for at least 950m with an approximate 3m surface width exposure; parallel to and ~160m south of the Dulu 2 pegmatite. Dulu-2 LCT Pegmatite: located on PML's and worked by artisanal miners on a small-scale; Lepidolite and Spodumene observed in a 3-4m wide internal zone in an ~8m wide pegmatite. PML's are only 0.14 km2 in area and fully enclosed by the Company's 115 km2 PL; Dulu 2 potentially extends along strike into the Cassius PL. Mapped pegmatites at Nemazi hosted by gneiss outcrop 5-8 kms east of Dulu were sampled but the 17 samples tested to date do not contain anomalous levels of LCT mineralogy. Rock-chip samples were collected from locations within the pegmatites where accessible. Each sample is a composite sample comprised of several pieces of the rocks in the immediate vicinity, to give a ~2kg sample as representative as possible. There was an effort to collect fresh samples to avoid material potentially affected by the loss of Lithium over time due to weathering. Where only surface oxidized material was present, samples were `cleaned' with a hammer to attempt to retain the freshest material. Each sample was tagged in-field with its unique ID number and placed in its own sealed bag, before being securely transported to the SGS laboratory in Mwanza, NW Tanzania where pulps were prepared. The pulps were then sent via DHL to SGS Randfontein in South Africa, where the assays were conducted for Lithium, related elements and Rare Earth Elements (REE's). Assay results of the Dulu-1 and Dulu-2 pegmatites show good correlation of Lithium with Caesium and Tantalum, supporting that they belong to the LCT-class of pegmatites. Further Work: The company is now prioritising planning for its next exploration at Dulu to better delineate the two Dulu LCT pegmatites within PL 11921 by focussing on extensions `on strike' to the ESE and WNW, as well as possible additional local pegmatites. This next exploration phase will likely include a combination of: trenching to identify and sample potential shallow sub-surface lateral extensions of both Dulu LCT pegmatites within PL 11921 to the ESE and WNW, and a soil survey to test for `pathfinder' elements (Li, Cs, Ta, Rb and Be) at Dulu to potentially locate extensions of Dulu-1 and Dulu-2 pegmatites to the ESE and WNW, along with trenching, as well as locating other pegmatites concealed immediately sub-surface as part of the same pegmatite system.Board Change • Nov 29Insufficient 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. Technical Director & Independent Non-Executive Director David Chidlow was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 01Full year 2022 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in FY 2021)Full year 2022 results: AU$0.001 loss per share (in line with FY 2021). Net loss: AU$361.9k (loss widened 57% from FY 2021). Over the last 3 years on average, earnings per share has increased by 54% per year whereas the company’s share price has increased by 50% per year.Board Change • Sep 06Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. Technical Director & Independent Non-Executive Director David Chidlow was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Aug 11Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. Technical Director & Independent Non-Executive Director David Chidlow was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.재무 상태 분석단기부채: CMD 의 단기 자산 ( A$1.3M )이 단기 부채( A$685.2K ).장기 부채: CMD에는 장기 부채가 없습니다.부채/자본 비율 추이 및 분석부채 수준: CMD 총 부채보다 더 많은 현금을 보유하고 있습니다.부채 감소: CMD의 부채 대비 자본 비율은 지난 5년 동안 0%에서 10%로 증가했습니다.대차대조표현금 보유 기간 분석과거에 평균적으로 손실을 기록해 온 기업의 경우, 최소 1년 이상의 현금 보유 기간이 있는지 평가합니다.안정적인 현금 활주로: CMD 은 마지막 보고 무료 현금 흐름을 기준으로 8 개월 동안 충분한 현금 활주로를 보유하고 있지만 이후 추가 자본을 조달했다.예측 현금 활주로: CMD 은 잉여현금흐름추정을 기준으로 7 개월 동안 충분한 현금 활주로를 확보할 것으로 예상되지만 이후 추가 자본을 조달했습니다.건전한 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 건실한 기업.View Dividend기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/20 15:07종가2026/05/20 00:00수익2025/12/31연간 수익2025/06/30데이터 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 소스Cassius Mining 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.
공시 • Apr 09Cassius Mining Limited announced that it expects to receive AUD 5 million in fundingCassius Mining Limited announces a private placement with sophisticated investors to issue Secured Convertible Notes for gross proceeds of AUD 5,000,0000 on April 7, 2026. 1,950,000 Notes in the 1st Tranche to be issued upfront using existing capacity under ASX LR 7.1. and 3,050,000 Notes in the 2nd Tranche to be issued after seeking requisite shareholder approval at an EGM, expected to be held in May 2026. 3.5% interest per quarter, to be capitalised at the end of each calendar quarter, meaning no interest is required to be serviced throughout the loan term of 2 years. The 2 year loan term can be extended longer by mutual agreement with the Company and Noteholders. The Noteholders may convert the Notes into shares at AUD 0.03 until 30 June 2026, and thereafter (until the Maturity Date) at AUD 0.03 or at 20% discount to the 5 day VWA
공시 • Dec 22Cassius Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 1.163532 million.Cassius Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 1.163532 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 38,784,400 Price\Range: AUD 0.03 Transaction Features: Subsequent Direct Listing
공시 • Dec 17Cassius Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1.163532 million.Cassius Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1.163532 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 38,784,400 Price\Range: AUD 0.03 Transaction Features: Subsequent Direct Listing
공시 • Oct 29Cassius Mining Limited, Annual General Meeting, Nov 28, 2025Cassius Mining Limited, Annual General Meeting, Nov 28, 2025. Location: at boardroom, ground floor 3 spring street, sydney Australia
공시 • Aug 04Cassius Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.05 million.Cassius Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.05 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 3,333,333 Price\Range: AUD 0.015 Transaction Features: Subsequent Direct Listing
공시 • Apr 16Cassius Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.531917 million.Cassius Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 0.531917 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 35,461,123 Price\Range: AUD 0.015 Transaction Features: Subsequent Direct Listing
공시 • Apr 10Cassius Mining Limited has filed a Follow-on Equity Offering.Cassius Mining Limited has filed a Follow-on Equity Offering. Security Name: Ordinary Shares Security Type: Common Stock Transaction Features: Subsequent Direct Listing
Board Change • Feb 04Insufficient 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. Executive Technical Director, Mining Operations Project Lead & Independent Director David Chidlow was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Jan 13Cassius Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1 million.Cassius Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 100,000,000 Price\Range: AUD 0.01 Transaction Features: Subsequent Direct Listing
Board Change • Dec 24Insufficient 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. Executive Technical Director, Mining Operations Project Lead & Independent Director David Chidlow was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Sep 28Full year 2024 earnings released: AU$0.003 loss per share (vs AU$0.002 loss in FY 2023)Full year 2024 results: AU$0.003 loss per share (further deteriorated from AU$0.002 loss in FY 2023). Net loss: AU$1.51m (loss widened 92% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.
공시 • Feb 06Cassius Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 1.3 million.Cassius Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 1.3 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 39,393,939 Price\Range: AUD 0.033 Discount Per Security: AUD 0.00198 Transaction Features: Subsequent Direct Listing
공시 • Jan 29Cassius Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1.3 million.Cassius Mining Limited has filed a Follow-on Equity Offering in the amount of AUD 1.3 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 39,393,940 Price\Range: AUD 0.033 Discount Per Security: AUD 0.00198 Transaction Features: Subsequent Direct Listing
New Risk • Nov 10New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: AU$15.4m (US$9.78m) 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 Revenue is less than US$1m (AU$2.6k revenue, or US$1.7k). Market cap is less than US$10m (AU$15.4m market cap, or US$9.78m). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding).
공시 • Oct 23Cassius Mining Limited, Annual General Meeting, Nov 24, 2023Cassius Mining Limited, Annual General Meeting, Nov 24, 2023, at 11:30 AUS Eastern Standard Time. Location: Boardroom, Ground Floor, 3 Spring Street Sydney New South Wales Australia Agenda: To receive and consider the Statement of Financial Position of the Company at 30 June 2023, the Income Statement of the Company for the year ended on that date, together with the consolidated accounts of the Company and its controlled entities and the reports of Directors and Auditors therein; to consider Adoption of Remuneration Report; to consider Re-election of a Director; to consider Ratification of prior issue of placement shares; to consider Issue of placement shares; to consider Issue of Options; and to consider approval of Additional 10% Placement Facility.
New Risk • Jun 25New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 54% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.3m free cash flow). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (54% increase in shares outstanding). Revenue is less than US$1m (AU$901 revenue, or US$602). Market cap is less than US$10m (AU$12.4m market cap, or US$8.30m).
Board Change • Jun 05Insufficient 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. Technical Director, Mining Operations Project Lead & Director David Chidlow was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Mar 20Insufficient 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. Technical Director & Independent Non-Executive Director David Chidlow was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Mar 03Insufficient 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. Technical Director & Independent Non-Executive Director David Chidlow was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Feb 18Cassius Mining Limited Releases the Exploration Results from the Initial Rock Sampling Program in It's Prospecting License (PL) 11921Cassius Mining Limited released the exploration results from the initial rock sampling program in the company's Prospecting License (PL) 11921 at its wholly owned Chenene Lithium Project in Tanzania, including approved sampling from a small scale (14 hectare). Primary Mining License (PML), which is not part of but is fully enclosed by Cassius's large scale PL. SAMPLING: To date sampling has only taken place at Target 1 within the 300 km2 Chenene Project area. A total of 63 rock-chip samples were collected in September/October 2022 from pegmatite outcrops. Focus was on the Dulu area in the west of PL 11921 where Lithium-bearing pegmatite is recorded on the Geological Survey map of the area, now being surface mined on a small scale with limited equipment, within the PML's enclosed by the Cassius PL. An outcrop at Nemazi 5-8 kms east of Dulu was also sampled. The field team mapped and sampled several pegmatites (Fig 1), however two extensive parallel exposures at Dulu were closely reviewed, striking 97-110O with a 50-60O dip to the south: Dulu-1 LCT Pegmatite: followed for at least 950m with an approximate 3m surface width exposure; parallel to and ~160m south of the Dulu 2 pegmatite. Dulu-2 LCT Pegmatite: located on PML's and worked by artisanal miners on a small-scale; Lepidolite and Spodumene observed in a 3-4m wide internal zone in an ~8m wide pegmatite. PML's are only 0.14 km2 in area and fully enclosed by the Company's 115 km2 PL; Dulu 2 potentially extends along strike into the Cassius PL. Mapped pegmatites at Nemazi hosted by gneiss outcrop 5-8 kms east of Dulu were sampled but the 17 samples tested to date do not contain anomalous levels of LCT mineralogy. Rock-chip samples were collected from locations within the pegmatites where accessible. Each sample is a composite sample comprised of several pieces of the rocks in the immediate vicinity, to give a ~2kg sample as representative as possible. There was an effort to collect fresh samples to avoid material potentially affected by the loss of Lithium over time due to weathering. Where only surface oxidized material was present, samples were `cleaned' with a hammer to attempt to retain the freshest material. Each sample was tagged in-field with its unique ID number and placed in its own sealed bag, before being securely transported to the SGS laboratory in Mwanza, NW Tanzania where pulps were prepared. The pulps were then sent via DHL to SGS Randfontein in South Africa, where the assays were conducted for Lithium, related elements and Rare Earth Elements (REE's). Assay results of the Dulu-1 and Dulu-2 pegmatites show good correlation of Lithium with Caesium and Tantalum, supporting that they belong to the LCT-class of pegmatites. Further Work: The company is now prioritising planning for its next exploration at Dulu to better delineate the two Dulu LCT pegmatites within PL 11921 by focussing on extensions `on strike' to the ESE and WNW, as well as possible additional local pegmatites. This next exploration phase will likely include a combination of: trenching to identify and sample potential shallow sub-surface lateral extensions of both Dulu LCT pegmatites within PL 11921 to the ESE and WNW, and a soil survey to test for `pathfinder' elements (Li, Cs, Ta, Rb and Be) at Dulu to potentially locate extensions of Dulu-1 and Dulu-2 pegmatites to the ESE and WNW, along with trenching, as well as locating other pegmatites concealed immediately sub-surface as part of the same pegmatite system.
Board Change • Nov 29Insufficient 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. Technical Director & Independent Non-Executive Director David Chidlow was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 01Full year 2022 earnings released: AU$0.001 loss per share (vs AU$0.001 loss in FY 2021)Full year 2022 results: AU$0.001 loss per share (in line with FY 2021). Net loss: AU$361.9k (loss widened 57% from FY 2021). Over the last 3 years on average, earnings per share has increased by 54% per year whereas the company’s share price has increased by 50% per year.
Board Change • Sep 06Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. Technical Director & Independent Non-Executive Director David Chidlow was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Aug 11Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 1 highly experienced director. Technical Director & Independent Non-Executive Director David Chidlow was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.