View Future GrowthSultan Resources 과거 순이익 실적과거 기준 점검 0/6Sultan Resources 의 수입은 연평균 -39.2%의 비율로 감소해 온 반면, Metals and Mining 산업은 연평균 15.2%의 비율로 증가했습니다. 매출은 연평균 2.6%의 비율로 감소해 왔습니다.핵심 정보-39.25%순이익 성장률1.05%주당순이익(EPS) 성장률Metals and Mining 산업 성장률22.33%매출 성장률-2.59%자기자본이익률-106.92%순이익률-187,040.25%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트업데이트 없음모든 업데이트 보기Recent updatesBoard Change • May 20No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Mark Mitchell was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • May 01No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Mark Mitchell was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Dec 31No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Mark Mitchell was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Oct 25Sultan Resources Limited, Annual General Meeting, Nov 26, 2025Sultan Resources Limited, Annual General Meeting, Nov 26, 2025. Location: mirador corporate, unit 1, 1 centro ave, subiaco wa 6008 Australia공시 • Sep 18Sultan Resources Limited (ASX:SLZ) entered into a sale agreement to acquire Gunex Pty Ltd from Aldoro Resources Limited (ASX:ARN) for AUD 3.6 million.Sultan Resources Limited (ASX:SLZ) entered into a sale agreement to acquire Gunex Pty Ltd from Aldoro Resources Limited (ASX:ARN) for AUD 3.6 million on September 17, 2025. In consideration for the acquisition, Sultan Resources Limited will undertake several actions. Firstly, it will pay Aldoro a non-refundable cash deposit of AUD 0.05 million. Additionally, the Company will issue 286,449,355 Sultan shares, known as "Sultan Consideration Shares," which will be distributed to Aldoro shareholders on a one-for-one basis. Currently, this distribution involves 217,727,310 Sultan Consideration Shares based on the existing Aldoro shares on issue, with the remaining 68,722,045 Sultan Consideration Shares to be retained by Aldoro, referred to as the "In-Specie Distribution." Furthermore, the Company will make deferred cash payments to Aldoro totaling AUD1.5 million. This includes AUD 0.75 million payable upon achieving a Mineral Resource Estimate of at least 25 million tonnes at an average grade equal to or greater than 0.8% Ni from the projects, and an additional AUD 0.75 million upon a decision to mine being made at any of the projects, with both payments to be made within 36 months following completion. The completion of the acquisition transaction is contingent upon the fulfillment (or waiver, if permitted and agreed upon by the relevant party) of several conditions. These include the completion of due diligence by the Company, approval by the Company's shareholders for the issuance of the Sultan Consideration Shares, and the receipt of all necessary regulatory approvals in accordance with the Listing Rules, Corporations Act, or any other applicable laws to enable the lawful completion of the transaction. Additionally, the parties must obtain all required third-party regulatory consents or approvals, including the release of Altia Pty Ltd as the guarantor of Gunex Pty Ltd under the Gunex Royalty Deed, and the execution of deeds of assignment.Board Change • Aug 18No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Mark Mitchell was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Jun 03Sultan Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.15735 million.Sultan Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.15735 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 231,469,910 Price\Range: AUD 0.005 Transaction Features: Rights Offering공시 • Apr 09Sultan Resources Limited Announces Board ChangesSultan Resources Limited announced the appointments of Mr. Lincoln Liu and Mr. Mark Mitchell as Non-Executive Chairman and as Non-Executive Director, respectively. Mr. Jeremy King will transition from his role as Non-Executive Chairman to Non-Executive Director. All changes are effective immediately. Mr. Liu has acted in various roles as advisor to numerous mining companies across several commodities and particularly in their growth phase. He has worked in the Australian equities market for 15 years. His experience includes trading, equities research and investment banking having completed several IPO, capital raising, M&A, and private equity deals. He is the founder of a Sydney based corporate advisory firm servicing a range of growth companies in the mining and technology sectors. Mr. Mitchell has been a geologist for over 35 years in exploration in rare metals, lithium and base metals in Australia and international jurisdictions. He has significant experience ranging from targeting through to resource evaluation and has been successful in the discovery of several mineral deposits in Australia. He has acted in the capacity of company liaison representative on various research projects with AMIRA, CET, GRC as well as a brief period on the CME Exploration committee. He has geological membership with the Geological Society of Australia and Australian Institute of Geoscientists and is a Registered Professional Geoscientist (No: 10049). Concurrently, the Company advises that Non-Executive Directors, Mr. Ian David Lees and Mr. Steve Groves have resigned effective immediately.New Risk • Nov 07New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 56% 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 Shares are highly illiquid. Earnings have declined by 12% per year over the past 5 years. Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$2.31m market cap, or US$1.53m).공시 • Nov 06Sultan Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.338834 million.Sultan Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.338834 million. Security Name: ordinary Shares Security Type: Common Stock Securities Offered: 33,883,441 Price\Range: AUD 0.01 Discount Per Security: AUD 0.0006공시 • Oct 28Sultan Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.338834 million.Sultan Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.338834 million. Security Name: ordinary Shares Security Type: Common Stock Securities Offered: 33,883,441 Price\Range: AUD 0.01 Discount Per Security: AUD 0.0006공시 • Oct 22Sultan Resources Limited, Annual General Meeting, Nov 21, 2024Sultan Resources Limited, Annual General Meeting, Nov 21, 2024. Location: mirador corporate, unit 1, 1 centro ave, subiaco, western australia 6008, AustraliaNew Risk • Jul 29New 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 14% 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 Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m (AU$32k revenue, or US$21k). Market cap is less than US$10m (AU$1.38m market cap, or US$906.2k). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (33% increase in shares outstanding).공시 • Feb 06Sultan Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.691554 million.Sultan Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.691554 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 49,396,683 Price\Range: AUD 0.014 Security Features: Attached Options Transaction Features: Rights OfferingNew Risk • Oct 19New 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$1.6m free cash flow). Earnings have declined by 25% per year over the past 5 years. Shareholders have been substantially diluted in the past year (78% increase in shares outstanding). Revenue is less than US$1m (AU$25k revenue, or US$16k). Market cap is less than US$10m (AU$2.82m market cap, or US$1.78m). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change).New Risk • Sep 29New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$1.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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$1.6m free cash flow). Earnings have declined by 25% per year over the past 5 years. Shareholders have been substantially diluted in the past year (78% increase in shares outstanding). Revenue is less than US$1m (AU$66k revenue, or US$43k). Market cap is less than US$10m (AU$3.11m market cap, or US$2.00m).공시 • Sep 28Sultan Resources Limited, Annual General Meeting, Nov 23, 2023Sultan Resources Limited, Annual General Meeting, Nov 23, 2023, at 10:00 W. Australia Standard Time. Location: Suite 11, Level 2 23 Railway Road Subiaco Western Australia Australia공시 • May 27Sultan Resources Limited (ASX:SLZ) completed the acquisition of The Kember Lake Lithium Project and The Ruddy Lithium Project from XS Minerals Ltd.Sultan Resources Limited (ASX:SLZ) entered into Binding Term Sheet to acquire The Kember Lake Lithium Project and The Ruddy Lithium Project from XS Minerals Ltd. for AUD 2.2 million on March 17, 2023. XSM a total of 34,905,660 fully paid ordinary shares, being AUD 1.85 million worth of fully paid ordinary shares in the capital of the Company at a deemed issue price of $0.053, XSM (and/or their nominee) AUD$185,000 and CAD$6,000 cash consideration; and the Canadian Vendors CAD$120,000 cash consideration. As of May 24, 2023, Sultan Resources Limited successfully completed the second tranche of its recent placement. In total, the Company issued 30m shares at $0.05 per share to raise $1.5m (pre costs) from resource experienced sophisticated and high net worth investors. The Company shall now move to finalize settlement of the Acquisition. The transaction is subject to Sultan completing a capital raising and obtaining all necessary regulatory and shareholder approvals, and the parties entering into the applicable royalty deeds in respect of the NSR.Sultan Resources Limited (ASX:SLZ) completed the acquisition of The Kember Lake Lithium Project and The Ruddy Lithium Project from XS Minerals Ltd. on May 26, 2023.공시 • Feb 18Sultan Resources Limited Provides Update to the Exploration Work in Progress At the Company's Kulin Hill Project in Southwest WaSultan Resources Limited announced an update to the exploration work in progress at the Company's Kulin Hill Project in southwest WA. Assay results from the recently completed stratigraphic diamond drill hole have begun to be returned and the initial results confirm the on-ground geological interpretation that a significant thickness of the ultramafic target rock was intersected. A detailed assessment of the geochemistry is currently underway with results of this analysis expected in the coming weeks. A reconnaissance survey over Reserve 18455 (Lot 225568), for which Sultan was recently granted access to by the WA Department of Mines, Industry Regulation and Safety (DMIRS) concluded that the salt lake was still too wet from the late 2022 rains for any immediate access. Subject to the full assessment of the geochemical results and the salt lake reserve drying sufficiently allowing access, the Company intends to continue exploration activities at Lake Grace. In preparation for this, The Company's technical team has designed a geophysics programme over parts of the salt lake reserve which would be the precursor to a wider drill programme testing the prospect. Diamond Hole Geochemical Assays: In late 2022 the Company completed a single, deep stratigraphic diamond hole (SLGDD001) to 489.4m, which was designed to gather information on the nature of the layered ultramafic sequence beneath the weathering horizon intersected by Sultan in the previous shallow aircore drilling. If proven to extend to any significant thickness or depth, it was also designed to assess the potential for sulphide mineralisation at Kulin Hill. The hole was collared in the vicinity of the previously drilled aircore holes and was drilled at -600 towards the southeast to target a strong magnetic body within the sequence as revealed by 3D inversion modelling. Initial on-ground inspection of SLGDD001 suggested that the target layered ultramafic/mafic sequence extended to 256m down hole before a series of felsic and mafic gneisses was intersected. Weathering was observed to persist to about 70m down hole. A total of 160 samples were selected and processed for geochemical analysis and sent to one of the main accredited laboratories in Perth. Initial assay results are now being returned and detailed analysis of these is currently underway at Sultan. Although analysis is yet to be completed, the initial geochemistry does confirm the on- ground geological identification/interpretation of the target ultramafic geology in SLGDD001. Magnesium oxide (MgO) concentrations as high as 41% MgO combined with chrome (Cr) concentrations of 0.53% Cr (over 1m from 208m downhole depth) have been returned in the assay results, which are definitively indicative of ultramafic geology. A detailed analysis of the returned assay results by Sultan is now underway and is expected to be completed and ready for reporting in the coming weeks. Accessibility to Reserve 18455 and Main Target Zone: The confirmation of ultramafic geology in SLGDD001 provides confidence that the hole was drilled through the footwall of an ultramafic sequence along the edge of the body and that thicker intervals of this target sequence would be encountered in the centre of the body beneath the salt lake reserve the Company has recently been granted full access to. The majority of the reserve is salt lake and a recent reconnaissance expedition to the area concluded that the salt lake was still too wet to access for exploration, inclusive of ground geophysics. The area received unusually late rains well past the normal rain season last year, filling the salt lake with water, which has yet to dry out.Board Change • Oct 06Less 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. Independent Non-Executive Director David Lees was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.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. 3 experienced directors. No highly experienced directors. Independent Non-Executive Director David Lees was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Apr 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Independent Non-Executive Director David Lees was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Is New 90 Day High Low • Oct 23New 90-day high: AU$0.27The company is up 39% from its price of AU$0.19 on 23 July 2020. The Australian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 1.0% over the same period.매출 및 비용 세부 내역Sultan Resources가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이CHIA:SLZ 매출, 비용 및 순이익 (AUD Millions)날짜매출순이익일반관리비연구개발비31 Dec 250-61030 Sep 250-61030 Jun 250-51031 Mar 250-31031 Dec 240-11030 Sep 240-11030 Jun 240-11031 Mar 240-11031 Dec 230-11030 Sep 230-11030 Jun 230-22031 Mar 230-22031 Dec 220-22030 Sep 220-11030 Jun 220-11031 Mar 220-11031 Dec 210-11030 Sep 210-11030 Jun 210-11031 Mar 210-11031 Dec 200-11030 Sep 200-11030 Jun 200-11031 Mar 200-11031 Dec 190-10030 Sep 190-11030 Jun 190-110양질의 수익: SLZ 은(는) 현재 수익성이 없습니다.이익 마진 증가: SLZ는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: SLZ은 수익성이 없으며 지난 5년 동안 손실이 연평균 39.2% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 SLZ의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: SLZ은 수익성이 없어 지난 해 수익 성장률을 Metals and Mining 업계(59.9%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: SLZ는 현재 수익성이 없으므로 자본 수익률이 음수(-106.92%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMaterials 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 02:20종가2026/05/11 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 소스Sultan 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.
Board Change • May 20No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Mark Mitchell was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • May 01No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Mark Mitchell was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Dec 31No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Mark Mitchell was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Oct 25Sultan Resources Limited, Annual General Meeting, Nov 26, 2025Sultan Resources Limited, Annual General Meeting, Nov 26, 2025. Location: mirador corporate, unit 1, 1 centro ave, subiaco wa 6008 Australia
공시 • Sep 18Sultan Resources Limited (ASX:SLZ) entered into a sale agreement to acquire Gunex Pty Ltd from Aldoro Resources Limited (ASX:ARN) for AUD 3.6 million.Sultan Resources Limited (ASX:SLZ) entered into a sale agreement to acquire Gunex Pty Ltd from Aldoro Resources Limited (ASX:ARN) for AUD 3.6 million on September 17, 2025. In consideration for the acquisition, Sultan Resources Limited will undertake several actions. Firstly, it will pay Aldoro a non-refundable cash deposit of AUD 0.05 million. Additionally, the Company will issue 286,449,355 Sultan shares, known as "Sultan Consideration Shares," which will be distributed to Aldoro shareholders on a one-for-one basis. Currently, this distribution involves 217,727,310 Sultan Consideration Shares based on the existing Aldoro shares on issue, with the remaining 68,722,045 Sultan Consideration Shares to be retained by Aldoro, referred to as the "In-Specie Distribution." Furthermore, the Company will make deferred cash payments to Aldoro totaling AUD1.5 million. This includes AUD 0.75 million payable upon achieving a Mineral Resource Estimate of at least 25 million tonnes at an average grade equal to or greater than 0.8% Ni from the projects, and an additional AUD 0.75 million upon a decision to mine being made at any of the projects, with both payments to be made within 36 months following completion. The completion of the acquisition transaction is contingent upon the fulfillment (or waiver, if permitted and agreed upon by the relevant party) of several conditions. These include the completion of due diligence by the Company, approval by the Company's shareholders for the issuance of the Sultan Consideration Shares, and the receipt of all necessary regulatory approvals in accordance with the Listing Rules, Corporations Act, or any other applicable laws to enable the lawful completion of the transaction. Additionally, the parties must obtain all required third-party regulatory consents or approvals, including the release of Altia Pty Ltd as the guarantor of Gunex Pty Ltd under the Gunex Royalty Deed, and the execution of deeds of assignment.
Board Change • Aug 18No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Non-Executive Director Mark Mitchell was the last director to join the board, commencing their role in 2025. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Jun 03Sultan Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.15735 million.Sultan Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 1.15735 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 231,469,910 Price\Range: AUD 0.005 Transaction Features: Rights Offering
공시 • Apr 09Sultan Resources Limited Announces Board ChangesSultan Resources Limited announced the appointments of Mr. Lincoln Liu and Mr. Mark Mitchell as Non-Executive Chairman and as Non-Executive Director, respectively. Mr. Jeremy King will transition from his role as Non-Executive Chairman to Non-Executive Director. All changes are effective immediately. Mr. Liu has acted in various roles as advisor to numerous mining companies across several commodities and particularly in their growth phase. He has worked in the Australian equities market for 15 years. His experience includes trading, equities research and investment banking having completed several IPO, capital raising, M&A, and private equity deals. He is the founder of a Sydney based corporate advisory firm servicing a range of growth companies in the mining and technology sectors. Mr. Mitchell has been a geologist for over 35 years in exploration in rare metals, lithium and base metals in Australia and international jurisdictions. He has significant experience ranging from targeting through to resource evaluation and has been successful in the discovery of several mineral deposits in Australia. He has acted in the capacity of company liaison representative on various research projects with AMIRA, CET, GRC as well as a brief period on the CME Exploration committee. He has geological membership with the Geological Society of Australia and Australian Institute of Geoscientists and is a Registered Professional Geoscientist (No: 10049). Concurrently, the Company advises that Non-Executive Directors, Mr. Ian David Lees and Mr. Steve Groves have resigned effective immediately.
New Risk • Nov 07New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 56% 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 Shares are highly illiquid. Earnings have declined by 12% per year over the past 5 years. Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$2.31m market cap, or US$1.53m).
공시 • Nov 06Sultan Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.338834 million.Sultan Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 0.338834 million. Security Name: ordinary Shares Security Type: Common Stock Securities Offered: 33,883,441 Price\Range: AUD 0.01 Discount Per Security: AUD 0.0006
공시 • Oct 28Sultan Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.338834 million.Sultan Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.338834 million. Security Name: ordinary Shares Security Type: Common Stock Securities Offered: 33,883,441 Price\Range: AUD 0.01 Discount Per Security: AUD 0.0006
공시 • Oct 22Sultan Resources Limited, Annual General Meeting, Nov 21, 2024Sultan Resources Limited, Annual General Meeting, Nov 21, 2024. Location: mirador corporate, unit 1, 1 centro ave, subiaco, western australia 6008, Australia
New Risk • Jul 29New 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 14% 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 Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m (AU$32k revenue, or US$21k). Market cap is less than US$10m (AU$1.38m market cap, or US$906.2k). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (33% increase in shares outstanding).
공시 • Feb 06Sultan Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.691554 million.Sultan Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 0.691554 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 49,396,683 Price\Range: AUD 0.014 Security Features: Attached Options Transaction Features: Rights Offering
New Risk • Oct 19New 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$1.6m free cash flow). Earnings have declined by 25% per year over the past 5 years. Shareholders have been substantially diluted in the past year (78% increase in shares outstanding). Revenue is less than US$1m (AU$25k revenue, or US$16k). Market cap is less than US$10m (AU$2.82m market cap, or US$1.78m). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change).
New Risk • Sep 29New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$1.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. 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$1.6m free cash flow). Earnings have declined by 25% per year over the past 5 years. Shareholders have been substantially diluted in the past year (78% increase in shares outstanding). Revenue is less than US$1m (AU$66k revenue, or US$43k). Market cap is less than US$10m (AU$3.11m market cap, or US$2.00m).
공시 • Sep 28Sultan Resources Limited, Annual General Meeting, Nov 23, 2023Sultan Resources Limited, Annual General Meeting, Nov 23, 2023, at 10:00 W. Australia Standard Time. Location: Suite 11, Level 2 23 Railway Road Subiaco Western Australia Australia
공시 • May 27Sultan Resources Limited (ASX:SLZ) completed the acquisition of The Kember Lake Lithium Project and The Ruddy Lithium Project from XS Minerals Ltd.Sultan Resources Limited (ASX:SLZ) entered into Binding Term Sheet to acquire The Kember Lake Lithium Project and The Ruddy Lithium Project from XS Minerals Ltd. for AUD 2.2 million on March 17, 2023. XSM a total of 34,905,660 fully paid ordinary shares, being AUD 1.85 million worth of fully paid ordinary shares in the capital of the Company at a deemed issue price of $0.053, XSM (and/or their nominee) AUD$185,000 and CAD$6,000 cash consideration; and the Canadian Vendors CAD$120,000 cash consideration. As of May 24, 2023, Sultan Resources Limited successfully completed the second tranche of its recent placement. In total, the Company issued 30m shares at $0.05 per share to raise $1.5m (pre costs) from resource experienced sophisticated and high net worth investors. The Company shall now move to finalize settlement of the Acquisition. The transaction is subject to Sultan completing a capital raising and obtaining all necessary regulatory and shareholder approvals, and the parties entering into the applicable royalty deeds in respect of the NSR.Sultan Resources Limited (ASX:SLZ) completed the acquisition of The Kember Lake Lithium Project and The Ruddy Lithium Project from XS Minerals Ltd. on May 26, 2023.
공시 • Feb 18Sultan Resources Limited Provides Update to the Exploration Work in Progress At the Company's Kulin Hill Project in Southwest WaSultan Resources Limited announced an update to the exploration work in progress at the Company's Kulin Hill Project in southwest WA. Assay results from the recently completed stratigraphic diamond drill hole have begun to be returned and the initial results confirm the on-ground geological interpretation that a significant thickness of the ultramafic target rock was intersected. A detailed assessment of the geochemistry is currently underway with results of this analysis expected in the coming weeks. A reconnaissance survey over Reserve 18455 (Lot 225568), for which Sultan was recently granted access to by the WA Department of Mines, Industry Regulation and Safety (DMIRS) concluded that the salt lake was still too wet from the late 2022 rains for any immediate access. Subject to the full assessment of the geochemical results and the salt lake reserve drying sufficiently allowing access, the Company intends to continue exploration activities at Lake Grace. In preparation for this, The Company's technical team has designed a geophysics programme over parts of the salt lake reserve which would be the precursor to a wider drill programme testing the prospect. Diamond Hole Geochemical Assays: In late 2022 the Company completed a single, deep stratigraphic diamond hole (SLGDD001) to 489.4m, which was designed to gather information on the nature of the layered ultramafic sequence beneath the weathering horizon intersected by Sultan in the previous shallow aircore drilling. If proven to extend to any significant thickness or depth, it was also designed to assess the potential for sulphide mineralisation at Kulin Hill. The hole was collared in the vicinity of the previously drilled aircore holes and was drilled at -600 towards the southeast to target a strong magnetic body within the sequence as revealed by 3D inversion modelling. Initial on-ground inspection of SLGDD001 suggested that the target layered ultramafic/mafic sequence extended to 256m down hole before a series of felsic and mafic gneisses was intersected. Weathering was observed to persist to about 70m down hole. A total of 160 samples were selected and processed for geochemical analysis and sent to one of the main accredited laboratories in Perth. Initial assay results are now being returned and detailed analysis of these is currently underway at Sultan. Although analysis is yet to be completed, the initial geochemistry does confirm the on- ground geological identification/interpretation of the target ultramafic geology in SLGDD001. Magnesium oxide (MgO) concentrations as high as 41% MgO combined with chrome (Cr) concentrations of 0.53% Cr (over 1m from 208m downhole depth) have been returned in the assay results, which are definitively indicative of ultramafic geology. A detailed analysis of the returned assay results by Sultan is now underway and is expected to be completed and ready for reporting in the coming weeks. Accessibility to Reserve 18455 and Main Target Zone: The confirmation of ultramafic geology in SLGDD001 provides confidence that the hole was drilled through the footwall of an ultramafic sequence along the edge of the body and that thicker intervals of this target sequence would be encountered in the centre of the body beneath the salt lake reserve the Company has recently been granted full access to. The majority of the reserve is salt lake and a recent reconnaissance expedition to the area concluded that the salt lake was still too wet to access for exploration, inclusive of ground geophysics. The area received unusually late rains well past the normal rain season last year, filling the salt lake with water, which has yet to dry out.
Board Change • Oct 06Less 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. Independent Non-Executive Director David Lees was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
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. 3 experienced directors. No highly experienced directors. Independent Non-Executive Director David Lees was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Apr 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Independent Non-Executive Director David Lees was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Is New 90 Day High Low • Oct 23New 90-day high: AU$0.27The company is up 39% from its price of AU$0.19 on 23 July 2020. The Australian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 1.0% over the same period.