View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsStrandline Resources 배당 및 자사주 매입배당 기준 점검 0/6Strandline Resources 배당금을 지급한 기록이 없습니다.핵심 정보n/a배당 수익률-1.3%자사주 매입 수익률총 주주 수익률-1.3%미래 배당 수익률5.3%배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향n/a최근 배당 및 자사주 매입 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • Oct 08Strandline Resources Limited, Annual General Meeting, Nov 28, 2024Strandline Resources Limited, Annual General Meeting, Nov 28, 2024.공시 • Aug 09Ganzhou Chenguang Rare Earths New Material Co., Ltd. acquired Strandline Resources Uk Limited from Strandline Resources Limited (ASX:STA) for AUD 43 million.Ganzhou Chenguang Rare Earths New Material Co., Ltd. signed a share purchase agreement to acquire Strandline Resources Uk Limited from Strandline Resources Limited (ASX:STA) for AUD 43 million on May 20, 2024. The transaction also includes the acquisition of Tanzanian mineral sands projects. As part of consideration, Ganzhou Chenguang will pay AUD 27.2 million in cash and AUD 15.8 million for the assignment of the inter-company loans, Strandline has provided to fund its Tanzanian Projects. As of December 31, 2023, Strandline Resources Uk reported a total asset of AUD 15.5 million, net assets of AUD 1.8 million and net loss of AUD 0.27 million. The proceeds from the transaction will be used to repay existing super senior indebtedness and for working capital. The completion is subject to obtaining all necessary regulatory and government approvals, including Tanzanian and Chinese government approvals and there being no material adverse change, including a material breach of a warranty provided by Strandline or the licenses for its Tanzanian projects being revoked. Ganzhou Chenguang Rare Earths New Material Co., Ltd. completed the acquisition of Strandline Resources Uk Limited from Strandline Resources Limited (ASX:STA) on August 8, 2024. The consideration will be used to repay the AUD 35 million super senior debt facilities along with accrued interest and fees.공시 • Nov 24Strandline Resources Limited Announces Executive and Management Team ChangesStrandline Resources Limited provides an update on changes to its executive and management team and commissioning activities at the Coburn Mineral Sands Project. EXECUTIVE AND MANAGEMENT CHANGES: Belinda Murray appointed as Chief Operating Officer. Belinda is an experienced executive with over 20 years in the resources industry. Belinda previously spent 12 years with the BGC Group in various leadership roles and played an integral role in overseeing the company's growth. She has held a broad range of responsibilities including various aspects of mining operations, commercial, safety, governance, culture and sustainability. Belinda has been Strandline's Head of Commercial & Strategic Development since November 2022. Ian Hind appointed as the new General Manager Marketing and Logistics. Ian has extensive mineral sands marketing and logistic experience having spent 13 years with Iluka Resources Limited in a variety of international marketing and logistics roles. Ian has also spent three years as the Business Development Manager at Mid West Ports Authority which is responsible for administering the operation of the port of Geraldton from where Strandline exports its products. John Francisco appointed as the new General Manager of Coburn Operations. John has held a number of development and operational roles in various mining operations both in Australia and overseas and brings a wealth of experience to the team. John worked closely with Jozsef Patarica on the ramp up to nameplate throughput rates of the Grande Cote Mineral Sands Operations in Senegal, West Africa. He has led project teams through design, construction, commissioning and into sustainable operations. He was Operations Manager at the Wahgnion Gold Mine in Burkina Faso and General manager at the Kipoi Copper Mine in the DRC. Michael Ingram appointed as Technical Manager. Michael is a Geologist with 30 years in technical management roles within the mineral sands and industrial minerals industries. His experience includes 10 years in consulting firms performing engineering and project management roles on projects for Iluka Resources and Tiwest/Tronox both in Australia and overseas. Michael has been Strandline's Senior Project/Studies Manager since March 2023. Additional to changes in executive and management significant technical and operational support has been engaged to assist with the ramp up and commissioning of Coburn. The following mineral sands specialist consultants, who have previously worked with Jozsef Patarica, have been engaged: Mr. John Bunter who has more than 50 years mineral sands experience having been involved with Allied Eneabba Limited, Sierra Rutile Limited, RGC Minerals Sands /Iluka Resources Limited (Narngulu & Eneabba), Ticor South Africa Pty Ltd, and Grande Cote Mineral Sands Operations in West Africa, Senegal. John has held a number of management roles with responsibility for operations, commissioning and design of many mineral sand's projects globally. He was also the Managing Director of Allied Mineral Laboratories for five years where he oversaw several test work programs as well as design, build and operation of physical separation test facilities including one with the University of Sierra Leone. Mr. Anthony Hegarty is a mining professional with more than 35 years mineral sands experience having been involved with Iluka Resources Limited (Eneabba), Sierra Rutile Limited, Kenmare Resources PLC in Mozambique, Tiwest Pty Ltd. (Cooljarloo Mine, Cataby) and Grande Cote Mineral Sands Operations in Senegal and reported directly to the in-country CEO. He has held a number of management roles responsible for mining, processing and overall operations. The Company also advises that Flavio Garofalo has resigned as Company Secretary of the Company and its subsidiaries to pursue other interests. Jamie Cann, will continue in the role of Company Secretary for Strandline and its subsidiaries.공시 • Nov 23+ 1 more updateStrandline Resources Limited Announces CFO ChangesStrandline Resources Limited also advises that Flavio Garofalo has resigned as Chief Financial Officer of the Company and its subsidiaries to pursue other interests. The Board would like to thank Mr. Garofalo for the valuable contribution he has made to the Company and wish him well in his future endeavours. Strandline's Senior Financial Controller, Ms Jenelle Goddard has been appointed as Interim Chief Financial Officer.공시 • Oct 06Strandline Resources Limited, Annual General Meeting, Nov 23, 2023Strandline Resources Limited, Annual General Meeting, Nov 23, 2023, at 14:30 W. Australia Standard Time.New Risk • Oct 04New 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: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding).공시 • Sep 25Strandline Resources Limited Announces Executive ChangesStrandline Resources Limited announced that highly regarded senior mining executive Jozsef Patarica has been appointed Managing Director. The appointment of Mr. Patarica, who was appointed Strandline’s Chief Executive Officer in July 2023, follows the resignation of Managing Director Luke Graham. Jozsef Patarica is a mining executive with over 30 years’ experience developing projects in Australia and overseas successfully transitioning them into sustainable operations. Mr. Patarica holds a Bachelor of Engineering, Mechanical, from Curtin University, a Master of Business Administration, Technology Management, from La Trobe University, and a Diploma from the Australian Institute of Company Directors. As Chief Executive Officer of Grande Cote Operations for Mineral Deposits Limited, he led the ramp-up to nameplate capacity of the world-class mineral sands operation in Senegal, West Africa. This involved optimisation of the Mineral Resource, maximising the project’s economics. He also led the development of the Fosterville Gold Mine, the larger gold producer in Victoria, Australia. Jozsef has held numerous board positions throughout his career including TiZir Limited (United Kingdom), TiZir Titanium & Iron (Norway) and Bassari Resources Limited as Managing Director/CEO. Prior to joining Strandline, Jozsef was Chief Executive Officer of Gippsland Critical Minerals, focused on developing the Fingerboards Mineral Sands Project in East Gippsland, Victoria.New Risk • Aug 08New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor 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: Minor Risks Shareholders have been diluted in the past year (16% increase in shares outstanding). Revenue is less than US$5m (AU$6.6m revenue, or US$4.3m).공시 • Aug 02Strandline Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 33.827994 million.Strandline Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 33.827994 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 187,933,300 Price\Range: AUD 0.18 Discount Per Security: AUD 0.009 Transaction Features: Subsequent Direct Listing공시 • Jul 25Strandline Resources Limited Appoints Jozsef Patarica as CEOStrandline Resources Limited announced the appointment of Jozsef Patarica as Chief Executive Officer, providing additional executive strength for Managing Director, Luke Graham. Mr. Patarica has a wealth of operational and executive experience in the resources industry, including the mineral sands sector. Mr. Patarica has extensive experience at senior operational and executive levels in Australia and Africa. He has successfully transitioned several projects through the development phase into sustainable operations. As Chief Executive Officer of Grande Cote Operations for Mineral Deposits Limited, he led the ramp up to nameplate capacity of the world-class mineral sands operation in Senegal, West Africa. This involved optimising the Mineral Resource and maximising the project's economics. Mr. Patarica also led the development of the Fosterville Gold Mine, now the largest gold producer in Victoria. The operation has recently passed a significant milestone producing 4Moz since the commencement of operations and employs over 800 people. Following Mr. Patarica's appointment, Mr. Graham will relinquish his role as CEO and remain Managing Director. ABOUT Jozsef Patarica: Jozsef is a mining executive with over 30 years' experience developing projects in Australia and overseas successfully transitioning them into sustainable operations. Mr. Patarica holds a Bachelor of Engineering, Mechanical, from Curtin University, a Master of Business Administration, Technology Management, from La Trobe University, and a Diploma from the Australian Institute of Company Directors. Jozsef was Chief Executive Officer of the Grande Cote Operations, a minerals sands producer in Senegal, West Africa for Mineral Deposits Limited and managed the development of the Fosterville Gold Mine, the largest gold producer in Victoria, Australia. Jozsef has held several board positions throughout his career including TiZir Limited (United Kingdom), TiZir Titanium & Iron (Norway) and Bassari Resources Limited as Managing Director where he was involved in the initial public offering and listing on the ASX. Jozsef is currently Chief Executive Officer of Gippsland Critical Minerals which is focused on developing the Fingerboards Mineral Sands Project in East Gippsland, Victoria.Breakeven Date Change • Jun 30Forecast breakeven date pushed back to 2024The 3 analysts covering Strandline Resources previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of AU$53.7m in 2024. Average annual earnings growth of 109% is required to achieve expected profit on schedule.Recent Insider Transactions • Sep 16MD, CEO & Director recently sold AU$544k worth of stockOn the 8th of September, Luke Graham sold around 1m shares on-market at roughly AU$0.50 per share. This transaction amounted to 7.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Luke's only on-market trade for the last 12 months.Breakeven Date Change • Sep 23Forecast to breakeven in 2023The 2 analysts covering Strandline Resources expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$25.1m in 2023. Average annual earnings growth of 66% is required to achieve expected profit on schedule.Breakeven Date Change • Sep 17Forecast to breakeven in 2024The 2 analysts covering Strandline Resources expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$77.1m in 2024. Average annual earnings growth of 78% is required to achieve expected profit on schedule.Recent Insider Transactions • May 27Board Member recently sold AU$135k worth of stockOn the 18th of May, Peter Watson sold around 687k shares on-market at roughly AU$0.20 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Is New 90 Day High Low • Mar 05New 90-day high: AU$0.24The company is up 9.0% from its price of AU$0.22 on 04 December 2020. The Australian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$0.21 per share.Is New 90 Day High Low • Nov 19New 90-day high: AU$0.23The company is up 4.0% from its price of AU$0.23 on 21 August 2020. The Australian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Metals and Mining industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$0.20 per share.Reported Earnings • Sep 25Full year earnings released - AU$0.021 loss per shareOver the last 12 months the company has reported total losses of AU$8.14m, with losses widening by 16% from the prior year.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 STA 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: STA 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장Strandline Resources 배당 수익률 vs 시장STA의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (STA)n/a시장 하위 25% (AU)2.8%시장 상위 25% (AU)6.9%업계 평균 (Metals and Mining)3.2%분석가 예측 (STA) (최대 3년)5.3%주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 STA 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 STA 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: 배당금 지급이 수익으로 충당되는지 확인하기 위해 STA 의 지급 비율을 계산하기에는 데이터가 부족합니다.주주 현금 배당현금 흐름 범위: STA 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YAU 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/01/22 03:43종가2023/10/26 00:00수익2023/06/30연간 수익2023/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Strandline Resources Limited는 3명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Mat CollingsCGS InternationalJulian EmeryEdison Investment ResearchTom SartorMorgans Financial Limited
공시 • Oct 08Strandline Resources Limited, Annual General Meeting, Nov 28, 2024Strandline Resources Limited, Annual General Meeting, Nov 28, 2024.
공시 • Aug 09Ganzhou Chenguang Rare Earths New Material Co., Ltd. acquired Strandline Resources Uk Limited from Strandline Resources Limited (ASX:STA) for AUD 43 million.Ganzhou Chenguang Rare Earths New Material Co., Ltd. signed a share purchase agreement to acquire Strandline Resources Uk Limited from Strandline Resources Limited (ASX:STA) for AUD 43 million on May 20, 2024. The transaction also includes the acquisition of Tanzanian mineral sands projects. As part of consideration, Ganzhou Chenguang will pay AUD 27.2 million in cash and AUD 15.8 million for the assignment of the inter-company loans, Strandline has provided to fund its Tanzanian Projects. As of December 31, 2023, Strandline Resources Uk reported a total asset of AUD 15.5 million, net assets of AUD 1.8 million and net loss of AUD 0.27 million. The proceeds from the transaction will be used to repay existing super senior indebtedness and for working capital. The completion is subject to obtaining all necessary regulatory and government approvals, including Tanzanian and Chinese government approvals and there being no material adverse change, including a material breach of a warranty provided by Strandline or the licenses for its Tanzanian projects being revoked. Ganzhou Chenguang Rare Earths New Material Co., Ltd. completed the acquisition of Strandline Resources Uk Limited from Strandline Resources Limited (ASX:STA) on August 8, 2024. The consideration will be used to repay the AUD 35 million super senior debt facilities along with accrued interest and fees.
공시 • Nov 24Strandline Resources Limited Announces Executive and Management Team ChangesStrandline Resources Limited provides an update on changes to its executive and management team and commissioning activities at the Coburn Mineral Sands Project. EXECUTIVE AND MANAGEMENT CHANGES: Belinda Murray appointed as Chief Operating Officer. Belinda is an experienced executive with over 20 years in the resources industry. Belinda previously spent 12 years with the BGC Group in various leadership roles and played an integral role in overseeing the company's growth. She has held a broad range of responsibilities including various aspects of mining operations, commercial, safety, governance, culture and sustainability. Belinda has been Strandline's Head of Commercial & Strategic Development since November 2022. Ian Hind appointed as the new General Manager Marketing and Logistics. Ian has extensive mineral sands marketing and logistic experience having spent 13 years with Iluka Resources Limited in a variety of international marketing and logistics roles. Ian has also spent three years as the Business Development Manager at Mid West Ports Authority which is responsible for administering the operation of the port of Geraldton from where Strandline exports its products. John Francisco appointed as the new General Manager of Coburn Operations. John has held a number of development and operational roles in various mining operations both in Australia and overseas and brings a wealth of experience to the team. John worked closely with Jozsef Patarica on the ramp up to nameplate throughput rates of the Grande Cote Mineral Sands Operations in Senegal, West Africa. He has led project teams through design, construction, commissioning and into sustainable operations. He was Operations Manager at the Wahgnion Gold Mine in Burkina Faso and General manager at the Kipoi Copper Mine in the DRC. Michael Ingram appointed as Technical Manager. Michael is a Geologist with 30 years in technical management roles within the mineral sands and industrial minerals industries. His experience includes 10 years in consulting firms performing engineering and project management roles on projects for Iluka Resources and Tiwest/Tronox both in Australia and overseas. Michael has been Strandline's Senior Project/Studies Manager since March 2023. Additional to changes in executive and management significant technical and operational support has been engaged to assist with the ramp up and commissioning of Coburn. The following mineral sands specialist consultants, who have previously worked with Jozsef Patarica, have been engaged: Mr. John Bunter who has more than 50 years mineral sands experience having been involved with Allied Eneabba Limited, Sierra Rutile Limited, RGC Minerals Sands /Iluka Resources Limited (Narngulu & Eneabba), Ticor South Africa Pty Ltd, and Grande Cote Mineral Sands Operations in West Africa, Senegal. John has held a number of management roles with responsibility for operations, commissioning and design of many mineral sand's projects globally. He was also the Managing Director of Allied Mineral Laboratories for five years where he oversaw several test work programs as well as design, build and operation of physical separation test facilities including one with the University of Sierra Leone. Mr. Anthony Hegarty is a mining professional with more than 35 years mineral sands experience having been involved with Iluka Resources Limited (Eneabba), Sierra Rutile Limited, Kenmare Resources PLC in Mozambique, Tiwest Pty Ltd. (Cooljarloo Mine, Cataby) and Grande Cote Mineral Sands Operations in Senegal and reported directly to the in-country CEO. He has held a number of management roles responsible for mining, processing and overall operations. The Company also advises that Flavio Garofalo has resigned as Company Secretary of the Company and its subsidiaries to pursue other interests. Jamie Cann, will continue in the role of Company Secretary for Strandline and its subsidiaries.
공시 • Nov 23+ 1 more updateStrandline Resources Limited Announces CFO ChangesStrandline Resources Limited also advises that Flavio Garofalo has resigned as Chief Financial Officer of the Company and its subsidiaries to pursue other interests. The Board would like to thank Mr. Garofalo for the valuable contribution he has made to the Company and wish him well in his future endeavours. Strandline's Senior Financial Controller, Ms Jenelle Goddard has been appointed as Interim Chief Financial Officer.
공시 • Oct 06Strandline Resources Limited, Annual General Meeting, Nov 23, 2023Strandline Resources Limited, Annual General Meeting, Nov 23, 2023, at 14:30 W. Australia Standard Time.
New Risk • Oct 04New 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: Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding).
공시 • Sep 25Strandline Resources Limited Announces Executive ChangesStrandline Resources Limited announced that highly regarded senior mining executive Jozsef Patarica has been appointed Managing Director. The appointment of Mr. Patarica, who was appointed Strandline’s Chief Executive Officer in July 2023, follows the resignation of Managing Director Luke Graham. Jozsef Patarica is a mining executive with over 30 years’ experience developing projects in Australia and overseas successfully transitioning them into sustainable operations. Mr. Patarica holds a Bachelor of Engineering, Mechanical, from Curtin University, a Master of Business Administration, Technology Management, from La Trobe University, and a Diploma from the Australian Institute of Company Directors. As Chief Executive Officer of Grande Cote Operations for Mineral Deposits Limited, he led the ramp-up to nameplate capacity of the world-class mineral sands operation in Senegal, West Africa. This involved optimisation of the Mineral Resource, maximising the project’s economics. He also led the development of the Fosterville Gold Mine, the larger gold producer in Victoria, Australia. Jozsef has held numerous board positions throughout his career including TiZir Limited (United Kingdom), TiZir Titanium & Iron (Norway) and Bassari Resources Limited as Managing Director/CEO. Prior to joining Strandline, Jozsef was Chief Executive Officer of Gippsland Critical Minerals, focused on developing the Fingerboards Mineral Sands Project in East Gippsland, Victoria.
New Risk • Aug 08New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor 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: Minor Risks Shareholders have been diluted in the past year (16% increase in shares outstanding). Revenue is less than US$5m (AU$6.6m revenue, or US$4.3m).
공시 • Aug 02Strandline Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 33.827994 million.Strandline Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 33.827994 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 187,933,300 Price\Range: AUD 0.18 Discount Per Security: AUD 0.009 Transaction Features: Subsequent Direct Listing
공시 • Jul 25Strandline Resources Limited Appoints Jozsef Patarica as CEOStrandline Resources Limited announced the appointment of Jozsef Patarica as Chief Executive Officer, providing additional executive strength for Managing Director, Luke Graham. Mr. Patarica has a wealth of operational and executive experience in the resources industry, including the mineral sands sector. Mr. Patarica has extensive experience at senior operational and executive levels in Australia and Africa. He has successfully transitioned several projects through the development phase into sustainable operations. As Chief Executive Officer of Grande Cote Operations for Mineral Deposits Limited, he led the ramp up to nameplate capacity of the world-class mineral sands operation in Senegal, West Africa. This involved optimising the Mineral Resource and maximising the project's economics. Mr. Patarica also led the development of the Fosterville Gold Mine, now the largest gold producer in Victoria. The operation has recently passed a significant milestone producing 4Moz since the commencement of operations and employs over 800 people. Following Mr. Patarica's appointment, Mr. Graham will relinquish his role as CEO and remain Managing Director. ABOUT Jozsef Patarica: Jozsef is a mining executive with over 30 years' experience developing projects in Australia and overseas successfully transitioning them into sustainable operations. Mr. Patarica holds a Bachelor of Engineering, Mechanical, from Curtin University, a Master of Business Administration, Technology Management, from La Trobe University, and a Diploma from the Australian Institute of Company Directors. Jozsef was Chief Executive Officer of the Grande Cote Operations, a minerals sands producer in Senegal, West Africa for Mineral Deposits Limited and managed the development of the Fosterville Gold Mine, the largest gold producer in Victoria, Australia. Jozsef has held several board positions throughout his career including TiZir Limited (United Kingdom), TiZir Titanium & Iron (Norway) and Bassari Resources Limited as Managing Director where he was involved in the initial public offering and listing on the ASX. Jozsef is currently Chief Executive Officer of Gippsland Critical Minerals which is focused on developing the Fingerboards Mineral Sands Project in East Gippsland, Victoria.
Breakeven Date Change • Jun 30Forecast breakeven date pushed back to 2024The 3 analysts covering Strandline Resources previously expected the company to break even in 2023. New consensus forecast suggests the company will make a profit of AU$53.7m in 2024. Average annual earnings growth of 109% is required to achieve expected profit on schedule.
Recent Insider Transactions • Sep 16MD, CEO & Director recently sold AU$544k worth of stockOn the 8th of September, Luke Graham sold around 1m shares on-market at roughly AU$0.50 per share. This transaction amounted to 7.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Luke's only on-market trade for the last 12 months.
Breakeven Date Change • Sep 23Forecast to breakeven in 2023The 2 analysts covering Strandline Resources expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$25.1m in 2023. Average annual earnings growth of 66% is required to achieve expected profit on schedule.
Breakeven Date Change • Sep 17Forecast to breakeven in 2024The 2 analysts covering Strandline Resources expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$77.1m in 2024. Average annual earnings growth of 78% is required to achieve expected profit on schedule.
Recent Insider Transactions • May 27Board Member recently sold AU$135k worth of stockOn the 18th of May, Peter Watson sold around 687k shares on-market at roughly AU$0.20 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Is New 90 Day High Low • Mar 05New 90-day high: AU$0.24The company is up 9.0% from its price of AU$0.22 on 04 December 2020. The Australian market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$0.21 per share.
Is New 90 Day High Low • Nov 19New 90-day high: AU$0.23The company is up 4.0% from its price of AU$0.23 on 21 August 2020. The Australian market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Metals and Mining industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is AU$0.20 per share.
Reported Earnings • Sep 25Full year earnings released - AU$0.021 loss per shareOver the last 12 months the company has reported total losses of AU$8.14m, with losses widening by 16% from the prior year.