View ValuationToubani Resources 향후 성장Future 기준 점검 3/6Toubani Resources (는) 각각 연간 143.7% 및 149.5% 수익과 수익이 증가할 것으로 예상됩니다.핵심 정보143.7%이익 성장률n/aEPS 성장률Metals and Mining 이익 성장14.5%매출 성장률149.5%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트16 Feb 2026최근 향후 성장 업데이트Breakeven Date Change • Aug 18Forecast to breakeven in 2027The analyst covering Toubani Resources expects the company to break even for the first time. New forecast suggests the company will make a profit of US$57.0m in 2027. Average annual earnings growth of 99% is required to achieve expected profit on schedule.Breakeven Date Change • Nov 01No longer forecast to breakevenThe analyst covering Toubani Resources no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of US$26.2m in 2025. New forecast suggests the company will make a loss of US$3.11m in 2025.모든 업데이트 보기Recent updatesBoard Change • 22hNo 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. 6 non-independent directors. Non-Executive Director Gaurav Gupta 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. 6 non-independent directors. Non-Executive Director Gaurav Gupta 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 • Apr 30Toubani Resources Limited, Annual General Meeting, May 28, 2026Toubani Resources Limited, Annual General Meeting, May 28, 2026. Location: at level 5, 191 st georges terrace, perth wa 6000 Australia공시 • Apr 29Toubani Resources Limited Receives a Notice from Stephen MayneOn April 28, 2026, Toubani Resources Limited announced that it has received notice from Stephen Mayne dated April 12, 2026, an external non-Board endorsed candidate, has nominated himself to stand for election as a non-executive Director in accordance with Article 7.2(f) of the Constitution. In addition, the board recommends shareholders vote against Mayne's election as a director of the Company at annual general meeting of shareholders of the Company will be held on May 28, 2026.공시 • Feb 23Toubani Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 125.689134 million.Toubani Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 125.689134 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 87,750,405 Price\Range: AUD 0.4 Discount Per Security: AUD 0.018 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 105,521,509 Price\Range: AUD 0.4 Discount Per Security: AUD 0.018 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 113,450,920 Price\Range: AUD 0.4 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 7,500,000 Price\Range: AUD 0.4 Discount Per Security: AUD 0.018 Transaction Features: Subsequent Direct Listing공시 • Jan 27Toubani Resources Limited Provides an Update on Development Activities At Its Kobada Gold Project in Southern MaliToubani Resources Limited provided an update on development activities at its Kobada Gold Project in southern Mali. Several key milestones have been achieved with the Project remaining on track to commence construction during first quarter 2026. Activities continue at pace in both Mali and Australia with key permitting, financing, engineering and regulatory milestones all nearing completion ahead of commencement of construction. Highlights. Key contracts including appointment of a logistics partner and bulk earthworks contractor have been awarded, with contractor mining tenders in the final stages of evaluation. All key Project roles have now been filled in Perth and Mali including the Construction Manager, RAP Manager and Finance Manager positions in Mali. Long lead items such as the ball mill, mineral sizer, CIL tank platework, and structural steel have been ordered and on track for delivery to Kobada as required in the construction schedule. Project financing to complete the construction of Kobada is in place with Tranche 3 set for approval on 13 February 2026. Toubani is also in advanced discussions with potential debt providers to optimise the overall funding mix, as per the terms of the financing. Final approval milestones with the State of Mali are nearing completion with senior executive meetings held in Mali during January. The issuance of the Permit allows Toubani to commence site works such as clearing and earthworks. The Company has progressed final discussions with the State of Mali related to Kobada's investment with key meetings held in January in Mali between senior Toubani executives and representatives of the State to formalise these approvals. Project Update. All long lead equipment has now been ordered in the December quarter following completion of the financing and appointment of Ausenco as the EPCM contractor. The items are currently on schedule to be delivered in accordance with the required timeframe. The order for the mineral sizer has also been placed. Approximately 1,000 tonnes of CIL platework have been fabricated and are ready for shipment, and structural steel is being cast, completed, and ready for shipment during the quarter. Ausenco have commenced project works with their process plant design review anticipated to be completed at the end of January 2026. Ausenco has progressed mobilisation and logistics schedules in anticipation of construction commencement. The bulk earthworks contract for the process plant area has been awarded, and mobilisation will commence once the environmental permit is approved. Designs for the tailings storage and water storage facilities are substantially completed, and bids have been received for their construction. Earthworks for the water storage facility will be part of the early works on site to ensure that the storage facility is able to capture run off in the 2026 wet season and reduce the requirement for water extraction. Financing Update. The Kobada Gold Project achieved a key financing milestone with the AUD 395 Million funding package announced on October 10, 2025. On December 3, 2025 shareholders approved Tranches 1 and 2 of the financing. The amount raised under these two tranches is approximately AUD 80 million, with a further AUD 45 million (Tranche 3) to be raised via the issue of approximately 112 million New Shares to existing major shareholder Eagle Eye Asset Holdings Pte Ltd. ("EEA"), subject to shareholder approval at an EGM to be held on 13 February 2026. The Company has a highly experienced Board and management team with a proven African track record in advancing projects through exploration, development and into production.Board Change • Dec 24No independent directorsThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. No independent directors (6 non-independent directors). Non-Executive Director Danny Callow is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors.공시 • Oct 10Toubani Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 125 million.Toubani Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 125 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 87,750,405 Price\Range: AUD 0.4 Discount Per Security: AUD 0.018 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 113,021,509 Price\Range: AUD 0.4 Discount Per Security: AUD 0.018 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 111,728,086 Price\Range: AUD 0.4 Transaction Features: Subsequent Direct Listing공시 • Sep 24Toubani Resources Ltd Appoints Gaurav Gupta as A Non-Executive Director, Effective 22 September 2025Toubani Resources Ltd. advised that it has appointed Mr. Gaurav Gupta as a Non-Executive Director of Toubani Resources effective from 22 September 2025 following the investment by Eagle Eye Asset Holdings Pte Ltd. ("EEA") as approved at the shareholder meeting held on 28 July 2025. Mr. Gupta manages a Monetary Authority of a Singapore registered family office, with high-growth /investment holdings across the mineral and biotech industries. Within the mining sector, these investments encompass base and precious metals, coloured gemstones, and the broader Electric Vehicle supply chain, including a major holding in Toubani Resources through EEA. Mr. Gupta has over 25 years' experience in international trade and is a qualified Chartered Accountant. He holds a Bachelor of Commerce Degree from the University of Delhi.Breakeven Date Change • Aug 18Forecast to breakeven in 2027The analyst covering Toubani Resources expects the company to break even for the first time. New forecast suggests the company will make a profit of US$57.0m in 2027. Average annual earnings growth of 99% is required to achieve expected profit on schedule.Board Change • Aug 18No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. No independent directors (5 non-independent directors). Non-Executive Director Danny Callow is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.공시 • Apr 30+ 1 more updateToubani Resources Limited, Annual General Meeting, May 30, 2025Toubani Resources Limited, Annual General Meeting, May 30, 2025. Location: at level 5, 191 st georges terrace, perth wa 6000 AustraliaBoard Change • Feb 04No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. No independent directors (5 non-independent directors). Non-Executive Director Danny Callow is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.Board Change • Dec 24No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. No independent directors (5 non-independent directors). Non-Executive Director Danny Callow is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.공시 • Nov 29Toubani Resources Limited Provides Update for Kobada Gold ProjectToubani Resources Limited provided the following update for the Kobada Gold Project following the release of the 2024 Definitive Feasibility Study (DFS), which outlined a low capital cost and high production development Project over an extended mine life. Appointment of Financial Advisor for the Project Financing of the Kobada Gold Project: Toubani appointed Endeavour Financial as its financial advisor for the project financing of the Kobada Gold Project. Enhance, Grow and Derisk - Environmental & Social Impact Assessment (ESIA), Drilling Campaign and Mali Update: Following completion of the DFS, the Company has commenced activities for the updating of its previously approved ESIA for the Kobada Gold Project to account for the change in Project profile defined in the DFS. ABS Africa have been engaged to perform this work stream. The Company is also preparing for drilling activities to commence next month with the campaign targeting extensions to the main Kobada deposit at depth, as well as additional oxide mineralisation in and around the Kobada deposit identified as part of the Company's 2024 oxide targeting exercise. The Company believes any additional oxide resources delineated will serve as potential to supplement the base-case production profile shown in the DFS. In addition, the program will include geotechnical drilling to inform further pit design optimisation studies as well as metallurgical test work to refine processing parameters. These activities are designed to enhance the DFS and advance the Project towards the build phase. Toubani continues to advance discussions with the State of Mali on the final investment agreements for the development of the Kobada Gold Project following the delivery of the DFS, with discussions setting the framework for a long-term and mutually beneficial partnership between the parties. The DFS outlined a highly attractive and robust development Project with the potential for over USD 1.2 billion in direct economic benefits for Mali. Toubani and the State of Mali have a shared interest in Kobada's development, and the Company looks forward to providing updates as these discussions progress. Despite reports of disruptions to the activities of other resource companies in Mali in recent times, Toubani advises that its operations have not been impacted and it is continuing with activities in the ordinary course of business. Toubani advises that, being a development stage company, it has no tax liabilities or accrued tax debts within Mali and accordingly, does not have any tax disputes with the State of Mali.Recent Insider Transactions • Nov 13Non-Executive Chairman recently bought AU$103k worth of stockOn the 12th of November, Scott Perry bought around 500k shares on-market at roughly AU$0.21 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Scott has been a buyer over the last 12 months, purchasing a net total of AU$299k worth in shares.New Risk • Nov 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% 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 Shareholders have been substantially diluted in the past year (70% increase in shares outstanding). Revenue is less than US$1m (US$17k revenue). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$4.0m net loss in 2 years). Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$52.4m market cap, or US$34.5m).Breakeven Date Change • Nov 01No longer forecast to breakevenThe analyst covering Toubani Resources no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of US$26.2m in 2025. New forecast suggests the company will make a loss of US$3.11m in 2025.공시 • Sep 17Toubani Resources Limited Announces Appointment of Mike Nelson as DirectorToubani Resources Limited announced appointment of Mike Nelson as director. Date of appointment is September 17, 2024.공시 • Aug 21Toubani Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 10 million.Toubani Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 10 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 42,209,106 Price\Range: AUD 0.17 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 16,614,424 Price\Range: AUD 0.17 Transaction Features: Subsequent Direct ListingRecent Insider Transactions • Aug 06Non-Executive Chairman recently bought AU$56k worth of stockOn the 2nd of August, Scott Perry bought around 300k shares on-market at roughly AU$0.19 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth AU$140k. Scott has been a buyer over the last 12 months, purchasing a net total of AU$196k worth in shares.공시 • Jul 26Toubani Resources Limited Announces Appointment of Aaron Gates as Joint Company SecretaryToubani Resources Limited announced the appointment of Mr. Aaron Gates as joint Company Secretary. Mr. Gates is the Company's current Chief Financial Officer and will assume Company Secretarial duties in addition to his financial duties. Mr. Kevin Hart will continue to act as the Company's joint Company Secretary. Mr. Aaron Gates has over 15 years' experience as CFO and Company Secretary of public listed companies. He is a Chartered Accountant, has completed a Bachelor of Commerce (Curtin University) with majors in accounting and business law and completed a Diploma of Corporate Governance. Prior to working for public listed companies he worked in public practice in audit and corporate finance roles.Recent Insider Transactions • Jun 06Non-Executive Chairman recently bought AU$140k worth of stockOn the 30th of May, Scott Perry bought around 900k shares on-market at roughly AU$0.16 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Scott's only on-market trade for the last 12 months.공시 • May 01Toubani Resources Limited, Annual General Meeting, May 31, 2024Toubani Resources Limited, Annual General Meeting, May 31, 2024, at 14:00 W. Australia Standard Time.New Risk • Apr 28New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 64% 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 Earnings have declined by 7.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (64% increase in shares outstanding). Revenue is less than US$1m (US$6.3k revenue). Minor Risk Market cap is less than US$100m (AU$20.5m market cap, or US$13.4m).공시 • Apr 27Toubani Resources Limited has filed a Follow-on Equity Offering.Toubani Resources Limited has filed a Follow-on Equity Offering. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 34,770,763 Transaction Features: Subsequent Direct ListingNew Risk • Mar 27New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$6.8m 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 (-US$6.8m free cash flow). Shares are highly illiquid. Earnings have declined by 6.2% per year over the past 5 years. Revenue is less than US$1m (US$6.3k revenue). Minor Risks Shareholders have been diluted in the past year (31% increase in shares outstanding). Market cap is less than US$100m (AU$17.4m market cap, or US$11.4m).Board Change • Feb 20Less 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. 3 non-independent directors. Independent Non-Executive Director Tim Kestell was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.이익 및 매출 성장 예측CHIA:TRE - 애널리스트 향후 추정치 및 과거 재무 데이터 (AUD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2027364155N/A200112/31/2026N/A-8-216-6112/31/20251-23-19-15N/A9/30/20250-16-13-11N/A6/30/20250-8-7-6N/A3/31/20250-8-7-6N/A12/31/20240-8-7-7N/A6/30/20240-5-6-6N/A3/31/20240-5-7-6N/A12/31/20230-7-7-7N/A9/30/2023N/A-9-8-8N/A6/30/20230-8-7-7N/A3/31/2023N/A-8-6-6N/A12/31/20220-5-5-5N/A9/30/2022N/A-5-5-5N/A6/30/2022N/A-5-5-5N/A3/31/2022N/A-4-4-4N/A12/31/2021N/A-6-7-7N/A9/30/2021N/A-12-8-15N/A6/30/2021N/A-14-14-17N/A3/31/2021N/A-14-16-18N/A12/31/2020N/A-13-15-15N/A9/30/2020N/A-9-16-7N/A6/30/2020N/A-7-12-6N/A3/31/2020N/A-8-10-4N/A12/31/2019N/A-7-6-3N/A9/30/2019N/A-6N/A-2N/A6/30/2019N/A-5N/A-1N/A3/31/2019N/A-3N/A-1N/A12/31/2018N/A-1N/A-2N/A9/30/2018N/A-1N/A-2N/A6/30/2018N/A-2N/A-1N/A3/31/2018N/A-4N/A-4N/A12/31/2017N/A-5N/A-3N/A9/30/2017N/A-4N/A-3N/A6/30/2017N/A-2N/A-2N/A3/31/2017N/A0N/A-1N/A12/31/2016N/A-3N/A-1N/A9/30/2016N/A-4N/A-1N/A6/30/2016N/A-2N/A-1N/A3/31/2016N/A-2N/A-1N/A12/31/2015N/A4N/A-2N/A9/30/2015N/A6N/A-2N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: TRE 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(3.6%)보다 빠른 성장으로 간주됩니다.수익 vs 시장: TRE (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.고성장 수익: TRE 향후 3년 내에 수익을 낼 것으로 예상됩니다.수익 대 시장: TRE 은(는) 내년에 수익이 없을 것으로 예상됩니다.고성장 매출: TRE 은(는) 내년에 수익이 없을 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: TRE의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/20 14:56종가2026/05/20 00:00수익2025/12/31연간 수익2025/12/31데이터 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 소스Toubani Resources Limited는 1명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Reg SpencerCanaccord Genuity
Breakeven Date Change • Aug 18Forecast to breakeven in 2027The analyst covering Toubani Resources expects the company to break even for the first time. New forecast suggests the company will make a profit of US$57.0m in 2027. Average annual earnings growth of 99% is required to achieve expected profit on schedule.
Breakeven Date Change • Nov 01No longer forecast to breakevenThe analyst covering Toubani Resources no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of US$26.2m in 2025. New forecast suggests the company will make a loss of US$3.11m in 2025.
Board Change • 22hNo 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. 6 non-independent directors. Non-Executive Director Gaurav Gupta 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. 6 non-independent directors. Non-Executive Director Gaurav Gupta 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 • Apr 30Toubani Resources Limited, Annual General Meeting, May 28, 2026Toubani Resources Limited, Annual General Meeting, May 28, 2026. Location: at level 5, 191 st georges terrace, perth wa 6000 Australia
공시 • Apr 29Toubani Resources Limited Receives a Notice from Stephen MayneOn April 28, 2026, Toubani Resources Limited announced that it has received notice from Stephen Mayne dated April 12, 2026, an external non-Board endorsed candidate, has nominated himself to stand for election as a non-executive Director in accordance with Article 7.2(f) of the Constitution. In addition, the board recommends shareholders vote against Mayne's election as a director of the Company at annual general meeting of shareholders of the Company will be held on May 28, 2026.
공시 • Feb 23Toubani Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 125.689134 million.Toubani Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 125.689134 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 87,750,405 Price\Range: AUD 0.4 Discount Per Security: AUD 0.018 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 105,521,509 Price\Range: AUD 0.4 Discount Per Security: AUD 0.018 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 113,450,920 Price\Range: AUD 0.4 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 7,500,000 Price\Range: AUD 0.4 Discount Per Security: AUD 0.018 Transaction Features: Subsequent Direct Listing
공시 • Jan 27Toubani Resources Limited Provides an Update on Development Activities At Its Kobada Gold Project in Southern MaliToubani Resources Limited provided an update on development activities at its Kobada Gold Project in southern Mali. Several key milestones have been achieved with the Project remaining on track to commence construction during first quarter 2026. Activities continue at pace in both Mali and Australia with key permitting, financing, engineering and regulatory milestones all nearing completion ahead of commencement of construction. Highlights. Key contracts including appointment of a logistics partner and bulk earthworks contractor have been awarded, with contractor mining tenders in the final stages of evaluation. All key Project roles have now been filled in Perth and Mali including the Construction Manager, RAP Manager and Finance Manager positions in Mali. Long lead items such as the ball mill, mineral sizer, CIL tank platework, and structural steel have been ordered and on track for delivery to Kobada as required in the construction schedule. Project financing to complete the construction of Kobada is in place with Tranche 3 set for approval on 13 February 2026. Toubani is also in advanced discussions with potential debt providers to optimise the overall funding mix, as per the terms of the financing. Final approval milestones with the State of Mali are nearing completion with senior executive meetings held in Mali during January. The issuance of the Permit allows Toubani to commence site works such as clearing and earthworks. The Company has progressed final discussions with the State of Mali related to Kobada's investment with key meetings held in January in Mali between senior Toubani executives and representatives of the State to formalise these approvals. Project Update. All long lead equipment has now been ordered in the December quarter following completion of the financing and appointment of Ausenco as the EPCM contractor. The items are currently on schedule to be delivered in accordance with the required timeframe. The order for the mineral sizer has also been placed. Approximately 1,000 tonnes of CIL platework have been fabricated and are ready for shipment, and structural steel is being cast, completed, and ready for shipment during the quarter. Ausenco have commenced project works with their process plant design review anticipated to be completed at the end of January 2026. Ausenco has progressed mobilisation and logistics schedules in anticipation of construction commencement. The bulk earthworks contract for the process plant area has been awarded, and mobilisation will commence once the environmental permit is approved. Designs for the tailings storage and water storage facilities are substantially completed, and bids have been received for their construction. Earthworks for the water storage facility will be part of the early works on site to ensure that the storage facility is able to capture run off in the 2026 wet season and reduce the requirement for water extraction. Financing Update. The Kobada Gold Project achieved a key financing milestone with the AUD 395 Million funding package announced on October 10, 2025. On December 3, 2025 shareholders approved Tranches 1 and 2 of the financing. The amount raised under these two tranches is approximately AUD 80 million, with a further AUD 45 million (Tranche 3) to be raised via the issue of approximately 112 million New Shares to existing major shareholder Eagle Eye Asset Holdings Pte Ltd. ("EEA"), subject to shareholder approval at an EGM to be held on 13 February 2026. The Company has a highly experienced Board and management team with a proven African track record in advancing projects through exploration, development and into production.
Board Change • Dec 24No independent directorsThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. No independent directors (6 non-independent directors). Non-Executive Director Danny Callow is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors.
공시 • Oct 10Toubani Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 125 million.Toubani Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 125 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 87,750,405 Price\Range: AUD 0.4 Discount Per Security: AUD 0.018 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 113,021,509 Price\Range: AUD 0.4 Discount Per Security: AUD 0.018 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 111,728,086 Price\Range: AUD 0.4 Transaction Features: Subsequent Direct Listing
공시 • Sep 24Toubani Resources Ltd Appoints Gaurav Gupta as A Non-Executive Director, Effective 22 September 2025Toubani Resources Ltd. advised that it has appointed Mr. Gaurav Gupta as a Non-Executive Director of Toubani Resources effective from 22 September 2025 following the investment by Eagle Eye Asset Holdings Pte Ltd. ("EEA") as approved at the shareholder meeting held on 28 July 2025. Mr. Gupta manages a Monetary Authority of a Singapore registered family office, with high-growth /investment holdings across the mineral and biotech industries. Within the mining sector, these investments encompass base and precious metals, coloured gemstones, and the broader Electric Vehicle supply chain, including a major holding in Toubani Resources through EEA. Mr. Gupta has over 25 years' experience in international trade and is a qualified Chartered Accountant. He holds a Bachelor of Commerce Degree from the University of Delhi.
Breakeven Date Change • Aug 18Forecast to breakeven in 2027The analyst covering Toubani Resources expects the company to break even for the first time. New forecast suggests the company will make a profit of US$57.0m in 2027. Average annual earnings growth of 99% is required to achieve expected profit on schedule.
Board Change • Aug 18No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. No independent directors (5 non-independent directors). Non-Executive Director Danny Callow is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.
공시 • Apr 30+ 1 more updateToubani Resources Limited, Annual General Meeting, May 30, 2025Toubani Resources Limited, Annual General Meeting, May 30, 2025. Location: at level 5, 191 st georges terrace, perth wa 6000 Australia
Board Change • Feb 04No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. No independent directors (5 non-independent directors). Non-Executive Director Danny Callow is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.
Board Change • Dec 24No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. No independent directors (5 non-independent directors). Non-Executive Director Danny Callow is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.
공시 • Nov 29Toubani Resources Limited Provides Update for Kobada Gold ProjectToubani Resources Limited provided the following update for the Kobada Gold Project following the release of the 2024 Definitive Feasibility Study (DFS), which outlined a low capital cost and high production development Project over an extended mine life. Appointment of Financial Advisor for the Project Financing of the Kobada Gold Project: Toubani appointed Endeavour Financial as its financial advisor for the project financing of the Kobada Gold Project. Enhance, Grow and Derisk - Environmental & Social Impact Assessment (ESIA), Drilling Campaign and Mali Update: Following completion of the DFS, the Company has commenced activities for the updating of its previously approved ESIA for the Kobada Gold Project to account for the change in Project profile defined in the DFS. ABS Africa have been engaged to perform this work stream. The Company is also preparing for drilling activities to commence next month with the campaign targeting extensions to the main Kobada deposit at depth, as well as additional oxide mineralisation in and around the Kobada deposit identified as part of the Company's 2024 oxide targeting exercise. The Company believes any additional oxide resources delineated will serve as potential to supplement the base-case production profile shown in the DFS. In addition, the program will include geotechnical drilling to inform further pit design optimisation studies as well as metallurgical test work to refine processing parameters. These activities are designed to enhance the DFS and advance the Project towards the build phase. Toubani continues to advance discussions with the State of Mali on the final investment agreements for the development of the Kobada Gold Project following the delivery of the DFS, with discussions setting the framework for a long-term and mutually beneficial partnership between the parties. The DFS outlined a highly attractive and robust development Project with the potential for over USD 1.2 billion in direct economic benefits for Mali. Toubani and the State of Mali have a shared interest in Kobada's development, and the Company looks forward to providing updates as these discussions progress. Despite reports of disruptions to the activities of other resource companies in Mali in recent times, Toubani advises that its operations have not been impacted and it is continuing with activities in the ordinary course of business. Toubani advises that, being a development stage company, it has no tax liabilities or accrued tax debts within Mali and accordingly, does not have any tax disputes with the State of Mali.
Recent Insider Transactions • Nov 13Non-Executive Chairman recently bought AU$103k worth of stockOn the 12th of November, Scott Perry bought around 500k shares on-market at roughly AU$0.21 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Scott has been a buyer over the last 12 months, purchasing a net total of AU$299k worth in shares.
New Risk • Nov 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% 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 Shareholders have been substantially diluted in the past year (70% increase in shares outstanding). Revenue is less than US$1m (US$17k revenue). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$4.0m net loss in 2 years). Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$52.4m market cap, or US$34.5m).
Breakeven Date Change • Nov 01No longer forecast to breakevenThe analyst covering Toubani Resources no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of US$26.2m in 2025. New forecast suggests the company will make a loss of US$3.11m in 2025.
공시 • Sep 17Toubani Resources Limited Announces Appointment of Mike Nelson as DirectorToubani Resources Limited announced appointment of Mike Nelson as director. Date of appointment is September 17, 2024.
공시 • Aug 21Toubani Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 10 million.Toubani Resources Limited has completed a Follow-on Equity Offering in the amount of AUD 10 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 42,209,106 Price\Range: AUD 0.17 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 16,614,424 Price\Range: AUD 0.17 Transaction Features: Subsequent Direct Listing
Recent Insider Transactions • Aug 06Non-Executive Chairman recently bought AU$56k worth of stockOn the 2nd of August, Scott Perry bought around 300k shares on-market at roughly AU$0.19 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth AU$140k. Scott has been a buyer over the last 12 months, purchasing a net total of AU$196k worth in shares.
공시 • Jul 26Toubani Resources Limited Announces Appointment of Aaron Gates as Joint Company SecretaryToubani Resources Limited announced the appointment of Mr. Aaron Gates as joint Company Secretary. Mr. Gates is the Company's current Chief Financial Officer and will assume Company Secretarial duties in addition to his financial duties. Mr. Kevin Hart will continue to act as the Company's joint Company Secretary. Mr. Aaron Gates has over 15 years' experience as CFO and Company Secretary of public listed companies. He is a Chartered Accountant, has completed a Bachelor of Commerce (Curtin University) with majors in accounting and business law and completed a Diploma of Corporate Governance. Prior to working for public listed companies he worked in public practice in audit and corporate finance roles.
Recent Insider Transactions • Jun 06Non-Executive Chairman recently bought AU$140k worth of stockOn the 30th of May, Scott Perry bought around 900k shares on-market at roughly AU$0.16 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Scott's only on-market trade for the last 12 months.
공시 • May 01Toubani Resources Limited, Annual General Meeting, May 31, 2024Toubani Resources Limited, Annual General Meeting, May 31, 2024, at 14:00 W. Australia Standard Time.
New Risk • Apr 28New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 64% 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 Earnings have declined by 7.0% per year over the past 5 years. Shareholders have been substantially diluted in the past year (64% increase in shares outstanding). Revenue is less than US$1m (US$6.3k revenue). Minor Risk Market cap is less than US$100m (AU$20.5m market cap, or US$13.4m).
공시 • Apr 27Toubani Resources Limited has filed a Follow-on Equity Offering.Toubani Resources Limited has filed a Follow-on Equity Offering. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 34,770,763 Transaction Features: Subsequent Direct Listing
New Risk • Mar 27New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$6.8m 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 (-US$6.8m free cash flow). Shares are highly illiquid. Earnings have declined by 6.2% per year over the past 5 years. Revenue is less than US$1m (US$6.3k revenue). Minor Risks Shareholders have been diluted in the past year (31% increase in shares outstanding). Market cap is less than US$100m (AU$17.4m market cap, or US$11.4m).
Board Change • Feb 20Less 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. 3 non-independent directors. Independent Non-Executive Director Tim Kestell was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.