View Future GrowthResource Base 과거 순이익 실적과거 기준 점검 0/6Resource Base 의 수입은 연평균 -15.3%의 비율로 감소해 온 반면, Metals and Mining 산업은 연평균 15.2%의 비율로 증가했습니다. 매출은 연평균 14.5%의 비율로 감소해 왔습니다.핵심 정보-15.29%순이익 성장률30.22%주당순이익(EPS) 성장률Metals and Mining 산업 성장률22.33%매출 성장률-14.46%자기자본이익률-171.87%순이익률n/a최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트업데이트 없음모든 업데이트 보기Recent updates공지 • Sep 09Resource Base Limited, Annual General Meeting, Nov 26, 2025Resource Base Limited, Annual General Meeting, Nov 26, 2025.공지 • Feb 26Resource Base Limited has announced a Derivatives Offering in the amount of AUD 0.086388 million.Resource Base Limited has announced a Derivatives Offering in the amount of AUD 0.086388 million. Security Name: Options Security Type: Equity Option Securities Offered: 28,796,121 Price\Range: AUD 0.003 Transaction Features: Rights Offering공지 • Dec 03Resource Base Limited has completed a Follow-on Equity Offering in the amount of AUD 0.975 million.Resource Base Limited has completed a Follow-on Equity Offering in the amount of AUD 0.975 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 20,600,000 Price\Range: AUD 0.03 Discount Per Security: AUD 0.0018 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 11,900,000 Price\Range: AUD 0.03 Discount Per Security: AUD 0.0018 Transaction Features: Subsequent Direct ListingBoard Change • Oct 22Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Non-Executive Independent Director Paul Hissey was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공지 • Oct 19Resource Base Limited has filed a Follow-on Equity Offering in the amount of AUD 0.975 million.Resource Base Limited has filed a Follow-on Equity Offering in the amount of AUD 0.975 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 20,600,000 Price\Range: AUD 0.03 Discount Per Security: AUD 0.0018 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 11,900,000 Price\Range: AUD 0.03 Discount Per Security: AUD 0.0018 Transaction Features: Subsequent Direct ListingNew Risk • Sep 24New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.9m free cash flow). Shares are highly illiquid. Earnings have declined by 46% per year over the past 5 years. Revenue is less than US$1m (AU$14k revenue, or US$9.6k). Market cap is less than US$10m (AU$2.81m market cap, or US$1.93m). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end).공지 • Sep 18Resource Base Limited, Annual General Meeting, Nov 21, 2024Resource Base Limited, Annual General Meeting, Nov 21, 2024.Board Change • Sep 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Non-Executive Independent Director Paul Hissey was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • May 21Less than half of directors are independentThere are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Non-Executive Independent Director Paul Hissey is the most experienced director on the board, commencing their role in 2021. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.Board Change • Mar 28Less than half of directors are independentThere are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Non-Executive Independent Director Paul Hissey is the most experienced director on the board, commencing their role in 2021. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.Board Change • Feb 05Less than half of directors are independentThere are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Non-Executive Independent Director Paul Hissey is the most experienced director on the board, commencing their role in 2021. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.Board Change • Nov 01Less than half of directors are independentThere are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Non-Executive Independent Director Paul Hissey is the most experienced director on the board, commencing their role in 2021. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.공지 • Sep 21Resource Base Limited, Annual General Meeting, Nov 23, 2023Resource Base Limited, Annual General Meeting, Nov 23, 2023, at 10:00 W. Australia Standard Time. Location: Level 8, 99 St Georges Terrace, Perth Western Australia Australia Agenda: To approve the election and appointment of directors.공지 • May 19Resource Base Limited has completed a Follow-on Equity Offering in the amount of AUD 1.32 million.Resource Base Limited has completed a Follow-on Equity Offering in the amount of AUD 1.32 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 11,000,000 Price\Range: AUD 0.12 Discount Per Security: AUD 0.0072 Transaction Features: Subsequent Direct Listing공지 • Feb 04Resource Base Limited Announces A Major Milestone Through Delivery of A Maiden Mineral Resource Estimate At El007647, Part of the Company's Mitre Hill Ree ProjectResource Base Limited announce a major milestone through delivery of a maiden Mineral Resource estimate at EL007647, part of the Company's Mitre Hill REE Project. The maiden JORC Inferred Mineral Resource estimate of 21 Mt @ 767 ppm TREO consists of thick zones of near-surface mineralisation. Significantly, the existing resource has the potential to substantially grow in size and scale as the Mineral Resource estimate only incorporates 38-62% of the identified Exploration Target drilled to date. The Company has also completed significant aircore drilling in Exploration Lease EL 7646 located approximately six (6) km east of EL 7647 however is not included in this Mineral Resource Resource Base has estimated an Exploration Target at EL007647 of 13 Mt 34 Mt at 630-830 ppm TREO. estimate. Following completion of the maiden Mineral Resource estimate, Resource Base is evaluating a follow-up aircore program to convert a portion of the Exploration Target to a JORC resource, and to test further extensions of REE mineralisation the Mitre Hill REE project. In total 142 vertical air core holes for 2,052 m of drilling was completed to ascertain the Mineral Resource estimate. A cut-off grade of 325 ppm TREO-CeO2 was used for reporting purposes on a peer comparison of publicly available information and comparable clay-hosted mineralisation. Dominant drill hole spacing has been stated at 200m spacing with 400 m to 1,400 m between transects, which was considered appropriate for the JORC Inferred Mineral Resource Classification and Exploration Target as applied. The ~2 kg samples for geochemical analysis were collected and assayed by Bureau Veritas laboratory in Adelaide, South Australia. Intervals were at 1m samples from each 1 m plastic bag. Near the end-of-hole narrower composite sample intervals, usually 3 m to 1 m depending on the depth of the reminder of the hole. A representative sample was taken by spearing from each one metre bulk sample and depositing into calico. Field duplicates were taken for every metre sample. Additionally, a representative 1 m calico sample was also speared from each bulk sample bag and kept as master sample. Sample lengths were determined by geological boundaries with a maximum sample length of 1 m. Bureau Veritas analysed, weighed and prepared whole samples within the laboratory in Adelaide, South Australia. Each sample was identified and a sample of 3 kg or less underwent pulverising to achieve better than 85% passing 75 microns. Elements include Sc, Th, U, Y, La, Ce, Pr, Nd, Sm, Eu, Gd, Tb, Dy, Ho, Er, Tm, Yb and Lu; with elements analysed at ppm levels. Sc was determined by Inductively Coupled Plasma (ICP) Optical Emission Spectrometry whilst all remaining elements have been Determined by Inductively Coupled Plasma (ICP) Mass Spectrometry. The Mineral Resource estimate was conducted using Datamine Studio RM. Inverse Distance Weighting `ID3' techniques were used to interpolate assay grade from the drill hole samples to interpolate index values and non- numeric sample identification into the block model. Ordinary Kriging was also used to interpolate TREO grade into the block model to be used as a validation check against the inverse distance weighting technique. The model has a block size of 100 m (X) x 100 m (Y) x 1 m (Z) with sub-cell splitting of 6 x 6 to provide increased resolution of the undulating morphology of the deposit. A discretisation array of 2 x 2 x 1 was used for the parent cell grade interpolation. Appropriate and industry standard search ellipses were used to search for data for the interpolation and suitable limitations on the number of samples and the impact of those samples was maintained. The search ellipse was equal in size both along and across strike as no dominant grade strike direction exists for the deposit. No assumptions were made during the resource estimation as to the recovery of by-products. Further detailed characterisation and leach of ionic clay sample studies are required that may affect the marketability of the heavy mineral products. The Mineral Resource estimate and Exploration Target was controlled to an extent by the geological/mineralisation and basement surfaces. Grade cutting or capping was not used during the interpolation because of the regular nature of sample spacing and the minimal number of statistical outliers. Statistical analysis of composited drill holes by domain was undertaken to compare against the un-composited data and showed a satisfactory relationship which concluded that grade cutting or capping was not required at this stage of exploration. Validation of grade interpolations were done visually in Datamine Studio RM software by loading model and drill hole files and annotating and colouring and using filtering to check for the appropriateness of interpolations. Statistical distributions were prepared for model zones from drill hole and model files to compare the effectiveness of the interpolations. Along strike distributions of section line averages (swathe plots) for drill holes and models were also prepared for comparison purposes.Board Change • Jan 12Less than half of directors are independentThere are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Non-Executive Independent Director Paul Hissey is the most experienced director on the board, commencing their role in 2021. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.Board Change • Dec 16Less than half of directors are independentThere are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Non-Executive Independent Director Paul Hissey is the most experienced director on the board, commencing their role in 2021. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.Board Change • Nov 29Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Non-Executive Independent Director Paul Hissey is the most experienced director on the board, commencing their role in 2021. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.Board Change • Oct 02High number of new and inexperienced directorsThere are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Chairman Jamie Myers is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Board Change • Aug 17High number of new and inexperienced directorsThere are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Jamie Myers is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.매출 및 비용 세부 내역Resource Base가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이CHIA:RBX 매출, 비용 및 순이익 (AUD Millions)날짜매출순이익일반관리비연구개발비31 Dec 250-20030 Sep 250-21030 Jun 250-21031 Mar 250-30031 Dec 240-30030 Sep 240-30030 Jun 240-30031 Mar 240-30031 Dec 230-41030 Sep 230-41030 Jun 230-41031 Mar 230-41031 Dec 220-41030 Sep 220-31030 Jun 220-22031 Dec 21012030 Sep 21001030 Jun 210-11031 Dec 200-10030 Sep 200-10030 Jun 20000031 Dec 19000030 Sep 19000030 Jun 19000031 Mar 190-11031 Dec 180-11030 Sep 180-11030 Jun 180-11031 Mar 180-11031 Dec 170-11030 Sep 170-11030 Jun 170-11031 Mar 170-11031 Dec 160-11030 Sep 160-11030 Jun 160-11031 Mar 160-11031 Dec 150-11030 Sep 151-11030 Jun 151-110양질의 수익: RBX 은(는) 현재 수익성이 없습니다.이익 마진 증가: RBX는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: RBX은 수익성이 없으며 지난 5년 동안 손실이 연평균 15.3% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 RBX의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: RBX은 수익성이 없어 지난 해 수익 성장률을 Metals and Mining 업계(59.9%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: RBX는 현재 수익성이 없으므로 자본 수익률이 음수(-171.87%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMaterials 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/08 07:07종가2026/04/15 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 소스Resource Base 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.
공지 • Sep 09Resource Base Limited, Annual General Meeting, Nov 26, 2025Resource Base Limited, Annual General Meeting, Nov 26, 2025.
공지 • Feb 26Resource Base Limited has announced a Derivatives Offering in the amount of AUD 0.086388 million.Resource Base Limited has announced a Derivatives Offering in the amount of AUD 0.086388 million. Security Name: Options Security Type: Equity Option Securities Offered: 28,796,121 Price\Range: AUD 0.003 Transaction Features: Rights Offering
공지 • Dec 03Resource Base Limited has completed a Follow-on Equity Offering in the amount of AUD 0.975 million.Resource Base Limited has completed a Follow-on Equity Offering in the amount of AUD 0.975 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 20,600,000 Price\Range: AUD 0.03 Discount Per Security: AUD 0.0018 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 11,900,000 Price\Range: AUD 0.03 Discount Per Security: AUD 0.0018 Transaction Features: Subsequent Direct Listing
Board Change • Oct 22Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Non-Executive Independent Director Paul Hissey was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공지 • Oct 19Resource Base Limited has filed a Follow-on Equity Offering in the amount of AUD 0.975 million.Resource Base Limited has filed a Follow-on Equity Offering in the amount of AUD 0.975 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 20,600,000 Price\Range: AUD 0.03 Discount Per Security: AUD 0.0018 Security Features: Attached Options Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 11,900,000 Price\Range: AUD 0.03 Discount Per Security: AUD 0.0018 Transaction Features: Subsequent Direct Listing
New Risk • Sep 24New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$1.9m free cash flow). Shares are highly illiquid. Earnings have declined by 46% per year over the past 5 years. Revenue is less than US$1m (AU$14k revenue, or US$9.6k). Market cap is less than US$10m (AU$2.81m market cap, or US$1.93m). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end).
공지 • Sep 18Resource Base Limited, Annual General Meeting, Nov 21, 2024Resource Base Limited, Annual General Meeting, Nov 21, 2024.
Board Change • Sep 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Non-Executive Independent Director Paul Hissey was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • May 21Less than half of directors are independentThere are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Non-Executive Independent Director Paul Hissey is the most experienced director on the board, commencing their role in 2021. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
Board Change • Mar 28Less than half of directors are independentThere are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Non-Executive Independent Director Paul Hissey is the most experienced director on the board, commencing their role in 2021. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
Board Change • Feb 05Less than half of directors are independentThere are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Non-Executive Independent Director Paul Hissey is the most experienced director on the board, commencing their role in 2021. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
Board Change • Nov 01Less than half of directors are independentThere are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Non-Executive Independent Director Paul Hissey is the most experienced director on the board, commencing their role in 2021. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
공지 • Sep 21Resource Base Limited, Annual General Meeting, Nov 23, 2023Resource Base Limited, Annual General Meeting, Nov 23, 2023, at 10:00 W. Australia Standard Time. Location: Level 8, 99 St Georges Terrace, Perth Western Australia Australia Agenda: To approve the election and appointment of directors.
공지 • May 19Resource Base Limited has completed a Follow-on Equity Offering in the amount of AUD 1.32 million.Resource Base Limited has completed a Follow-on Equity Offering in the amount of AUD 1.32 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 11,000,000 Price\Range: AUD 0.12 Discount Per Security: AUD 0.0072 Transaction Features: Subsequent Direct Listing
공지 • Feb 04Resource Base Limited Announces A Major Milestone Through Delivery of A Maiden Mineral Resource Estimate At El007647, Part of the Company's Mitre Hill Ree ProjectResource Base Limited announce a major milestone through delivery of a maiden Mineral Resource estimate at EL007647, part of the Company's Mitre Hill REE Project. The maiden JORC Inferred Mineral Resource estimate of 21 Mt @ 767 ppm TREO consists of thick zones of near-surface mineralisation. Significantly, the existing resource has the potential to substantially grow in size and scale as the Mineral Resource estimate only incorporates 38-62% of the identified Exploration Target drilled to date. The Company has also completed significant aircore drilling in Exploration Lease EL 7646 located approximately six (6) km east of EL 7647 however is not included in this Mineral Resource Resource Base has estimated an Exploration Target at EL007647 of 13 Mt 34 Mt at 630-830 ppm TREO. estimate. Following completion of the maiden Mineral Resource estimate, Resource Base is evaluating a follow-up aircore program to convert a portion of the Exploration Target to a JORC resource, and to test further extensions of REE mineralisation the Mitre Hill REE project. In total 142 vertical air core holes for 2,052 m of drilling was completed to ascertain the Mineral Resource estimate. A cut-off grade of 325 ppm TREO-CeO2 was used for reporting purposes on a peer comparison of publicly available information and comparable clay-hosted mineralisation. Dominant drill hole spacing has been stated at 200m spacing with 400 m to 1,400 m between transects, which was considered appropriate for the JORC Inferred Mineral Resource Classification and Exploration Target as applied. The ~2 kg samples for geochemical analysis were collected and assayed by Bureau Veritas laboratory in Adelaide, South Australia. Intervals were at 1m samples from each 1 m plastic bag. Near the end-of-hole narrower composite sample intervals, usually 3 m to 1 m depending on the depth of the reminder of the hole. A representative sample was taken by spearing from each one metre bulk sample and depositing into calico. Field duplicates were taken for every metre sample. Additionally, a representative 1 m calico sample was also speared from each bulk sample bag and kept as master sample. Sample lengths were determined by geological boundaries with a maximum sample length of 1 m. Bureau Veritas analysed, weighed and prepared whole samples within the laboratory in Adelaide, South Australia. Each sample was identified and a sample of 3 kg or less underwent pulverising to achieve better than 85% passing 75 microns. Elements include Sc, Th, U, Y, La, Ce, Pr, Nd, Sm, Eu, Gd, Tb, Dy, Ho, Er, Tm, Yb and Lu; with elements analysed at ppm levels. Sc was determined by Inductively Coupled Plasma (ICP) Optical Emission Spectrometry whilst all remaining elements have been Determined by Inductively Coupled Plasma (ICP) Mass Spectrometry. The Mineral Resource estimate was conducted using Datamine Studio RM. Inverse Distance Weighting `ID3' techniques were used to interpolate assay grade from the drill hole samples to interpolate index values and non- numeric sample identification into the block model. Ordinary Kriging was also used to interpolate TREO grade into the block model to be used as a validation check against the inverse distance weighting technique. The model has a block size of 100 m (X) x 100 m (Y) x 1 m (Z) with sub-cell splitting of 6 x 6 to provide increased resolution of the undulating morphology of the deposit. A discretisation array of 2 x 2 x 1 was used for the parent cell grade interpolation. Appropriate and industry standard search ellipses were used to search for data for the interpolation and suitable limitations on the number of samples and the impact of those samples was maintained. The search ellipse was equal in size both along and across strike as no dominant grade strike direction exists for the deposit. No assumptions were made during the resource estimation as to the recovery of by-products. Further detailed characterisation and leach of ionic clay sample studies are required that may affect the marketability of the heavy mineral products. The Mineral Resource estimate and Exploration Target was controlled to an extent by the geological/mineralisation and basement surfaces. Grade cutting or capping was not used during the interpolation because of the regular nature of sample spacing and the minimal number of statistical outliers. Statistical analysis of composited drill holes by domain was undertaken to compare against the un-composited data and showed a satisfactory relationship which concluded that grade cutting or capping was not required at this stage of exploration. Validation of grade interpolations were done visually in Datamine Studio RM software by loading model and drill hole files and annotating and colouring and using filtering to check for the appropriateness of interpolations. Statistical distributions were prepared for model zones from drill hole and model files to compare the effectiveness of the interpolations. Along strike distributions of section line averages (swathe plots) for drill holes and models were also prepared for comparison purposes.
Board Change • Jan 12Less than half of directors are independentThere are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Non-Executive Independent Director Paul Hissey is the most experienced director on the board, commencing their role in 2021. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
Board Change • Dec 16Less than half of directors are independentThere are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Non-Executive Independent Director Paul Hissey is the most experienced director on the board, commencing their role in 2021. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
Board Change • Nov 29Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Non-Executive Independent Director Paul Hissey is the most experienced director on the board, commencing their role in 2021. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
Board Change • Oct 02High number of new and inexperienced directorsThere are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Chairman Jamie Myers is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Board Change • Aug 17High number of new and inexperienced directorsThere are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Jamie Myers is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.