This company listing is no longer activeThis company may still be operating, however this listing is no longer active.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 EventsXTC Lithium (XTC) 주식 개요XTC Lithium Limited engages in the exploration and evaluation of mineral properties in Western Australia. 자세히 보기XTC 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적0/6재무 건전성2/6배당0/6위험 분석지난 5년간 매년 수익이 33% 감소했습니다.수익이 USD$1m 미만입니다(A$0)지난 1년 동안 주주가 크게 희석되었습니다.주식은 유동성이 매우 낮습니다+ 위험 2건 추가모든 위험 점검 보기XTC Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueAU$Current PriceAU$0.20해당 없음내재 할인율Est. Revenue$PastFuture-6m102k2016201920222025202620282031Revenue AU$0.5Earnings AU$0.07AdvancedSet Fair ValueView all narrativesXTC Lithium Limited 경쟁사Invert GraphiteSymbol: ASX:IVGMarket cap: AU$10.5mAmara MineralsSymbol: ASX:AM3Market cap: AU$13.3mSolara MineralsSymbol: ASX:SLAMarket cap: AU$7.1mMagontecSymbol: ASX:MGLMarket cap: AU$14.8m가격 이력 및 성과XTC Lithium 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가AU$0.2052주 최고가AU$1.4052주 최저가AU$0.20베타-0.191개월 변동0%3개월 변동0%1년 변동-80.00%3년 변동-60.00%5년 변동-66.67%IPO 이후 변동-94.74%최근 뉴스 및 업데이트공시 • Feb 28Geko Explore Pty Ltd acquired Exploration Tenements at Southern Cross WA from XTC Lithium Limited (ASX:XTC) for AUD 1 million.Geko Explore Pty Ltd acquired Exploration Tenements at Southern Cross WA from XTC Lithium Limited (ASX:XTC) for AUD 1 million on February 28, 2025. A cash consideration will be paid by Geko Explore Pty Ltd. As part of consideration, an undisclosed value is paid towards assets of Exploration Tenements at Southern Cross WA. The cash consideration was paid in 3 instalments. The first instalment AUD 0.250 million was paid upon signing of agreements. The second instalment AUD 0.250 million payable by March 31, 2025. The last instalment AUD 0.5 million is payable by June 30, 2025. Geko Explore Pty Ltd completed the acquisition of the Exploration Tenements at Southern Cross WA from XTC Lithium Limited (ASX:XTC) on February 28, 2025.공시 • Oct 31XTC Lithium Limited, Annual General Meeting, Nov 29, 2024XTC Lithium Limited, Annual General Meeting, Nov 29, 2024. Location: level 1, 7 ventnor avenue, west perth, wa, 6005 Australia공시 • Nov 09American Battery Materials, Inc. (OTCPK:BLTH) entered a term sheet to acquire an unknown minority stake in Xantippe Resources Limited (ASX:XTC)American Battery Materials, Inc. (OTCPK:BLTH) entered a term sheet to acquire an unknown minority stake in Xantippe Resources Limited (ASX:XTC) on November 7, 2023.공시 • Oct 28Xantippe Resources Limited, Annual General Meeting, Nov 30, 2023Xantippe Resources Limited, Annual General Meeting, Nov 30, 2023, at 14:00 AUS Eastern Standard Time. Location: Level 6, 80 Chandos Street St Leonards New South Wales Australia Agenda: To receive and consider the annual financial report of the Company for the financial year ended 30 June 2023 together with the declaration of the Directors, the Director's report, the Remuneration Report and the auditor's report; to consider Adoption of Remuneration Report; to consider Election of Director Kevin Lynn; to consider Election of Director Matthew Beem; to consider Ratification of prior issue of Roth Options; to consider Approval of 10% Placement Capacity; to consider Consolidation of Share Capital; to consider Approval to Change of Company Name; and to consider General business.New Risk • Oct 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (54% average weekly change). Earnings have declined by 41% per year over the past 5 years. Shareholders have been substantially diluted in the past year (115% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Market cap is less than US$100m (AU$17.5m market cap, or US$11.3m).New Risk • Aug 19New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 116% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$18m free cash flow). Share price has been highly volatile over the past 3 months (49% average weekly change). Earnings have declined by 41% per year over the past 5 years. Shareholders have been substantially diluted in the past year (116% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$17.5m market cap, or US$11.2m).더 많은 업데이트 보기Recent updates공시 • Feb 28Geko Explore Pty Ltd acquired Exploration Tenements at Southern Cross WA from XTC Lithium Limited (ASX:XTC) for AUD 1 million.Geko Explore Pty Ltd acquired Exploration Tenements at Southern Cross WA from XTC Lithium Limited (ASX:XTC) for AUD 1 million on February 28, 2025. A cash consideration will be paid by Geko Explore Pty Ltd. As part of consideration, an undisclosed value is paid towards assets of Exploration Tenements at Southern Cross WA. The cash consideration was paid in 3 instalments. The first instalment AUD 0.250 million was paid upon signing of agreements. The second instalment AUD 0.250 million payable by March 31, 2025. The last instalment AUD 0.5 million is payable by June 30, 2025. Geko Explore Pty Ltd completed the acquisition of the Exploration Tenements at Southern Cross WA from XTC Lithium Limited (ASX:XTC) on February 28, 2025.공시 • Oct 31XTC Lithium Limited, Annual General Meeting, Nov 29, 2024XTC Lithium Limited, Annual General Meeting, Nov 29, 2024. Location: level 1, 7 ventnor avenue, west perth, wa, 6005 Australia공시 • Nov 09American Battery Materials, Inc. (OTCPK:BLTH) entered a term sheet to acquire an unknown minority stake in Xantippe Resources Limited (ASX:XTC)American Battery Materials, Inc. (OTCPK:BLTH) entered a term sheet to acquire an unknown minority stake in Xantippe Resources Limited (ASX:XTC) on November 7, 2023.공시 • Oct 28Xantippe Resources Limited, Annual General Meeting, Nov 30, 2023Xantippe Resources Limited, Annual General Meeting, Nov 30, 2023, at 14:00 AUS Eastern Standard Time. Location: Level 6, 80 Chandos Street St Leonards New South Wales Australia Agenda: To receive and consider the annual financial report of the Company for the financial year ended 30 June 2023 together with the declaration of the Directors, the Director's report, the Remuneration Report and the auditor's report; to consider Adoption of Remuneration Report; to consider Election of Director Kevin Lynn; to consider Election of Director Matthew Beem; to consider Ratification of prior issue of Roth Options; to consider Approval of 10% Placement Capacity; to consider Consolidation of Share Capital; to consider Approval to Change of Company Name; and to consider General business.New Risk • Oct 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (54% average weekly change). Earnings have declined by 41% per year over the past 5 years. Shareholders have been substantially diluted in the past year (115% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Market cap is less than US$100m (AU$17.5m market cap, or US$11.3m).New Risk • Aug 19New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 116% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$18m free cash flow). Share price has been highly volatile over the past 3 months (49% average weekly change). Earnings have declined by 41% per year over the past 5 years. Shareholders have been substantially diluted in the past year (116% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$17.5m market cap, or US$11.2m).공시 • Jul 25Xantippe Resources Limited (ASX : XTC) agreed to acquire a 25% stake in Fundos del Plata Properties in Catamarca, Argentina from MINERA COLLASUYO S.A. for $5 million.Xantippe Resources Limited (ASX : XTC) agreed to acquire a 25% stake in Fundos del Plata Properties in Catamarca, Argentina from MINERA COLLASUYO S.A. for $5 million on July 24, 2023. Acquisition will be funded through renounceable entitlement offer. The Proposal is conditional on completion and execution of binding documentation, due diligence and other conditions precedent (including all necessary regulatory approvals).공시 • Jun 28Xantippe Resources Limited Appoints Matthew Beem as Non-Executive DirectorXantippe Resources Limited announced that Mr. Matthew Beem has been appointed as a Non-Executive Director of the Company, with specific responsibility as Director of Finance and Administration for Latin America. Originally from the United States, Matthew Beem has over two decades of experience in the financial sector in Latin America, holding a wide array of positions throughout wealth management, investment advisory, and corporate finance, including CEO, CIO, and portfolio manager. Most recently, he served as the country head /CEO for Uruguay at the EFG Bank Rep Offices in Montevideo and Punta del Este. He began his career in Buenos Aires, Argentina at the think tank Fundacion Mediterranea, founded by the former Argentine finance minister Domingo Cavallo. During his two-year stint there, he covered the Brazilian economy, was on a team commissioned by the World Bank to compare the Brazilian devaluation of 1999 with the Argentine crisis of 2002 and wrote analysis of the Brazilian presidential transition of 2002 for both South American and US-based publications. Prior to joining EFG Oficina de Representacion, he was a senior member of the portfolio management team for EFG Asset Management in Miami, where he was the lead manager for three different discretionary strategies totalling an AuM of $700 million; Matthew was also an investment counselor for EFG Capital, where he advised clients on a non-discretionary basis. He has also previously held several positions in Miami-based private banks, including Citi Private Bank, where he made asset allocation decisions for HNW portfolios. Matthew is fluent in Spanish and is a CFA charterholder (Chartered Financial Analyst). He holds a bachelor's degree from Trinity University, a master's degree from Stanford University, as well as a master's degree in Geosciences from Mississippi State University. In terms of organizational involvement, he has served as the president of the CFA Society Miami, is a current member of CFA Society Uruguay and CFA Society Miami, and has also served on boards of the CFA Institute the Rotary Club, and as an alumni admissions interviewer for Stanford University. Date of appointment is June 26, 2023.공시 • Jun 19Xantippe Resources Limited Announces Resignation of Imants Kins as DirectorXantippe Resources Limited announced that Mr. Imants Kins resigned as a director of the Company effective immediately.공시 • Feb 15Xantippe Resources Limited Announces Drilling Intersects Thick Interval of Lithium PegmatiteXantippe Resources Limited advised that Reverse Circulation (RC) drilling for lithium targets at the Blanche target on its Southern Cross Project in Western Australia, has intersected a further two thick intervals of pegmatite. There is also mineralogy indicative of fractionation conducive to Lithium mineralisation at the Blanche Prospect (Blanche). These are in hole 3 (SXRC0019} and hole 4 (SXRC0020). Hole 4 is a step-out approximately a 500-metresdue north of SXRC0017. The results from the four holes are seen as geologically significant. The 100%-owned Southern Cross project (Exploration Lease E77/2609) covers some 790 hectares in the Yilgarn mining region of Western Australia. The Blanche target, occupies a distinct magnetic low within the host stratigraphy and is interpreted torepresent the northern extension of the system intersected by Black Dragon/Zenith tothe south. Several pegmatites in this region of Western Australia sustain profitablemining operations, with Blanche being in close proximity to some of Australia's mostsignificant deposits. The first hole, SRXC0017, returned pegmatite from 140m to 216m downhole. The nexthole, SXRC0018, intersected pegmatite from 120m to 228m downhole.The third hole SXRC0019 returned pegmatite from 144-192m depth and the fourthhole returned pegmatite from 154-234m, still on pegmatite. SRXC0020 was asignificant 500- metre step out north of first hole (i.e. SXRC0017). The line spacingsbetween the first, second and third holes is approximately 150 metres.All pegmatite intervals contain variable amounts of what is interpreted to be twoimportant Li-ore minerals (lepidolite and eucryptite), as evidenced by the response toUV lamp testing). Importantly, the pegmatite intervals present very similar to thoseencountered by Zenith/Black Dragon to the immediate south.Samples from these four encouraging drill holes have been submitted to the laboratory forexpedited analysis and XTC expects results to be available within two weeks. Drilling is currently underway on the four additional infill holes.Significantly, the occurrence of pegmatite so far is constrained to within an obviouszone of low magnetic intensity, interpreted to represent the physical characteristics ofthe intrusive target rock. Conformity to this trend in further drilling would makepossible the presence of large volumes of pegmatite, which reinforces the project'sprospectivity.Assay confirmation of grade and tenor of lithium-bearing pegmatites within Xantippe'slease boundaries will pave the way for subsequent drill programs and additionalgroundwork to test the regional extent of mineralisation and whether additional areasof prospectivity exist within the lease.공시 • Feb 14Xantippe Resources Limited Appoints Kevin Lynn as DirectorXantippe Resources Limited announced that Mr. Kevin Lynn has been appointed as a Director of the Company effective immediately. Mr. Lynn is a Chartered Accountant (ACA) with a Master of Finance. Mr. Lynn is also Fellow of FINSIA (F.FIN) and Institute of Company Directors (FAICD) with over 35 years' experience in private, public and public listed companies, particularly in mining and oil and gas, whilst acting in various roles includingDirector, CFO and Company Secretary.공시 • Feb 09Xantippe Resources Limited Advises That Drilling for Lithium Targets on Its 100% Owned Exploration Lease E77/2609 Has Intersected Thick Intervals of Pegmatite Along with Mineralogy Indicative of Fractionation That Is Conducive to Lithium MineralizationXantippe Resources Limited advised that drilling for lithium targets on its 100% owned Exploration Lease E77/2609 has intersected thick intervals of pegmatite along with mineralogy indicative of fractionation that is conducive to Lithium mineralization. The Blanche pegmatite, now intersected in two RC drill holes, occupies a distinct magnetic low within the host stratigraphy and is interpreted to represent the northern extension of the system intersected by Black Dragon /Zenith to the south. Several pegmatites in the Western Australian Goldfields sustain profitable mining operations, with Blanche being within close proximity to some of Australia's most significant deposits. The first hole, SRXC0017 returned pegmatite from 140m to 216m downhole where progress was halted by large groundwater inflows. The next hole, SXRC0018 intersected pegmatite from 120m to 228m downhole. Both pegmatite intervals contain variable amounts of what is interpreted to be lepidolite and eucryptite (as evidenced by response from UV lamp) - two important Li ore minerals. Importantly, the pegmatite intervals present very similarly to those encountered by Zenith /Black Dragon to the immediate south. SXRC0019 is underway and expected to intersect pegmatite in the coming shift. Significantly, the occurrence of pegmatite so far is constrained to within an obvious zone of low magnetic intensity, interpreted to represent the physical characteristics of the intrusive target rock. Conformity to this trend in further drilling would make possible the presence of large volumes of pegmatite, which reinforces the projects prospectively. Assay confirmation of grade and tenor of lithium bearing pegmatites within the Xantippe's lease boundaries will pave the way for subsequent drill programmes and additional groundwork to test the regional extent of mineralization and whether additional areas of prospectively exist within the lease, covering some 790 hectares.공시 • Feb 08Xantippe Resources Limited Announces Chief Financial Officer ChangesXantippe Resources Limited announced the appointment of Kevin Lynn as chief financial officer with immediate effect. Mr. Lynn replaces Mr. Ranko Matic. Mr. Lynn is a Chartered Accountant (ACA) with a Master of Finance. Mr. Lynn is also Fellow of FINSIA (F.FIN) and Institute of Company Directors (FAICD) with over 35 years' experience in private, public and public listed companies, particularly in mining and oil and gas, whilst acting in various roles including Director, CFO and Company Secretary.공시 • Feb 07Xantippe Resources Limited Announces Appointment of Gabriel Pindar as Chief Operating OfficerXantippe Resources Limited announced that Mr. Gabriel Pindar formerly COO of Neo Lithium Corp. has been appointed as its Chief OperatingOfficer to advance the Carachi Pampa project. Gabriel has over 28 years of experience as a Project Executive in the development of mining andlarge-scale infrastructure projects in Argentina, Australia, Canada, Guinea, Mexico, Liberia, and the United Kingdom. Gabriel was one of the founding members of Neo Lithium Corp. where he also served as COO until it was sold to Zijin Mining. Gabriel has decades of experience building large-scale mines and related infrastructure projects around the world, including processing facilities, rail and ports. He has over 14 years of experience as an EPCM expert and 14 years of experience in project feasibility and development for large scale mines including the Olympic Dam Expansion and RGP5 inAustralia, Nimba Iron Project in Guinea, and Alumbrera in Argentina. His experience includes roles in Senior Project Management for engineering firms Fluor, Hatch,and Engenium. He was at BHP Billiton (as a Deputy Project Director), and his position, immediately prior to Neo Lithium, was as the General Manager and Head of Projects for Arcelor Mittal responsible for the development of projects across six countries (Canada, Mexico, UK, Guinea, Liberia, US). This strong skillset brings to Xantippe important experience and leadership capabilities to move the Carachi Pampa Project forward.공시 • Feb 06Xantippe Resources Limited Announces Company Secretary ChangesXantippe Resources Limited announced that Mr. Kevin Lynn has been appointed Company Secretary, effective immediately. Mr. Lynn replaces Mr. Damon Cox. Mr. Lynn is a Chartered Accountant (ACA) with a Master of Finance. Mr. Lynn is also Fellow of FINSIA and Institute of Company Directors (FAICD) with over 35 years' experience in private, public and public listed companies, particularly in mining and oil and gas, whilst acting in various roles including Director, CFO and Company Secretary.공시 • Feb 03Xantippe Resources Limited to Commence Drilling on Lithium Targets At Southern CrossXantippe Resources Limited announced that drilling is expected to commence this week on lithium pegmatite targets on Exploration Lease E77/2609, which is 100% owned by the Company. The tenement, which is situated in the southern part of the Southern Cross Project approximately 25km south of Marvel Loch, is believed to host lithium bearing pegmatites which have been inferred from the drilling conducted on the south and west side of the tenement boundaries by Zenith Minerals Limited. Zenith has intercepted lithium bearing pegmatites within 100m of Xantippe's tenement boundary and the pegmatites are interpreted to continue north onto E77/2609 and may continue for several hundred metres. The large, flat lying pegmatites are approximately 150-250m below surface and will be targeted with reverse circulation (RC) drilling. Xantippe has an approved Programme of Works (PoW) for the drilling and is now preparing to drill and complete the programme in February. The PoW comprises 4 RC holes for a total of 1,080 metres to be drilled. Due to the proximity of recent drilling on neighbouring leases, Xantippe believes there is a strong likelihood for the lithium bearing pegmatites to continue onto the lease and the initial round of drilling will aim to confirm this. Gravity and magnetic imagery is also being used for the drill location planning and interpretation of the inferred pegmatite. Confirming lithium bearing pegmatites exist within the Xantippe's lease boundaries will pave the way for subsequent drill programmes and additional groundwork to test the full extent of the pegmatite(s) and if additional prospective areas exist within the lease which covers approximately 790 hectares.공시 • Jan 03Xantippe Resources Limited Provides Exploration Results on its Carachi Lithium ProjectXantippe Resources Limited provided exploration results on its Carachi Lithium Project (the Project), located in Catamarca province, Argentina in the Lithium Triangle of South America. The Company recently completed a Vertical Electrical Sounding (VES) geophysical survey that has identified a highly conductive horizon that is interpreted to represent a brine target with potential to host a large lithium deposit. The project area shares geologic features in common with other lithium-rich salars in the region. This brine aquifer has been reported as having elevated concentrations of lithium at Lake Resources' Kachi lithium project located adjacent to the Project. The geophysical survey covered an area of approximately 300 square kilometres. The conductive horizon was detected clearly in the majority of the VES stations, which cover an area of approximately 130 square kilometres. The zone is characterized by very low resistivity values interpreted to represent a buried salar deposit of a highly conductive saline brine zone (<2 ohm/m). The zone occurs at depths of 34 to 220 metres below surface. It is interpreted to be at least 150 metres thick, and is open at depth and in all directions laterally. Figure 1 overleaf shows a generalized cross section showing local geophysical contractor Conhidro's interpretation of the VES data. VES geophysical surveys are being used frequently in Argentina to successfully delineate potential brine zones below surface. Based on the VES resistivity data, Conhidro interprets there to be five zones, which range from unsaturated material (highly resistive) in the surface, to highly conductive brine at depth. Figure 1 shows three of these zones, and Conhidro interprets these as follows: Unit 1: A near surface horizon with resistivity values ranging between 30 to 2,324 ohm/m. Conhidro interpreted this zone as a horizon of unsaturated Quaternary sediments probably consisting of gravel and minor silts/clays. Unit 2: A semi-resistive layer with moderate resistivity values between 83 to 123 ohm/m, which Conhidro interpreted to be a gravel and sand horizon containing fresh to brackish water. The thickness of this zone ranges from 9 to 178 metres. Unit 3: This layer is a highly conductive zone with resistivity values that range from 0.2 to 1.0 ohm/m interpreted by Conhidro to represent a zone of saturated brines. The zone begins at a depth of 34 metres in the southwest portion of the claim group and it dips to a depth of 200 metres to the central part of the claim group increasing depth to the north. Maximum thickness of the unit is unknown. The next phase of exploration at Carachi will involve exploration drilling. The Company has submitted the environmental impact assessment (EIA) necessary to obtain the permits. The mining authority is in the process of evaluating the EIA for a program consisting of 3,550 metres of exploration core holes to sample and characterise the target aquifer (four holes of 400 metres in south part, one of 500 metres in central portion of the Project and one of up to 950 metres in the north) and one 500-metre pumpable well in the southwest portion of the claim area. The drilling program will commence as soon as the permits are granted.Board Change • Nov 16No 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 (5 non-independent directors). Alternate Director Geoff Laing is the most experienced director on the board, commencing their role in 2019. 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.Board Change • Apr 27Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 2 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). MD & Director Richard Henning is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Guzman Fernandez was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.주주 수익률XTCAU Metals and MiningAU 시장7D0%-5.9%-0.4%1Y-80.0%51.6%2.9%전체 주주 수익률 보기수익률 대 산업: XTC은 지난 1년 동안 51.6%의 수익을 기록한 Australian Metals and Mining 산업보다 저조한 성과를 냈습니다.수익률 대 시장: XTC은 지난 1년 동안 2.9%를 기록한 Australian 시장보다 저조한 성과를 냈습니다.주가 변동성Is XTC's price volatile compared to industry and market?XTC volatilityXTC Average Weekly Movementn/aMetals and Mining Industry Average Movement12.2%Market Average Movement10.5%10% most volatile stocks in AU Market17.5%10% least volatile stocks in AU Market4.4%안정적인 주가: XTC의 주가는 지난 3개월 동안 Australian 시장보다 변동성이 컸습니다.시간에 따른 변동성: Insufficient data to determine XTC의 변동성 변화를 판단할 수 없습니다.회사 소개설립직원 수CEO웹사이트2006n/an/awww.xantippe.com.au더 보기XTC Lithium Limited 기초 지표 요약XTC Lithium의 순이익과 매출은 시가총액과 어떻게 비교됩니까?XTC 기초 통계시가총액AU$17.53m순이익 (TTM)-AU$5.75m매출 (TTM)n/a0.0x주가매출비율(P/S)-3.0x주가수익비율(P/E)XTC는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표XTC 손익계산서 (TTM)매출AU$0매출원가AU$0총이익AU$0기타 비용AU$5.75m순이익-AU$5.75m최근 보고된 실적Jun 30, 2023다음 실적 발표일해당 없음주당순이익(EPS)-0.066총이익률0.00%순이익률0.00%부채/자본 비율2.6%XTC의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2023/12/27 20:47종가2023/09/29 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 소스XTC Lithium Limited는 0명의 분석가가 다루고 있습니다. 이 중 명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
공시 • Feb 28Geko Explore Pty Ltd acquired Exploration Tenements at Southern Cross WA from XTC Lithium Limited (ASX:XTC) for AUD 1 million.Geko Explore Pty Ltd acquired Exploration Tenements at Southern Cross WA from XTC Lithium Limited (ASX:XTC) for AUD 1 million on February 28, 2025. A cash consideration will be paid by Geko Explore Pty Ltd. As part of consideration, an undisclosed value is paid towards assets of Exploration Tenements at Southern Cross WA. The cash consideration was paid in 3 instalments. The first instalment AUD 0.250 million was paid upon signing of agreements. The second instalment AUD 0.250 million payable by March 31, 2025. The last instalment AUD 0.5 million is payable by June 30, 2025. Geko Explore Pty Ltd completed the acquisition of the Exploration Tenements at Southern Cross WA from XTC Lithium Limited (ASX:XTC) on February 28, 2025.
공시 • Oct 31XTC Lithium Limited, Annual General Meeting, Nov 29, 2024XTC Lithium Limited, Annual General Meeting, Nov 29, 2024. Location: level 1, 7 ventnor avenue, west perth, wa, 6005 Australia
공시 • Nov 09American Battery Materials, Inc. (OTCPK:BLTH) entered a term sheet to acquire an unknown minority stake in Xantippe Resources Limited (ASX:XTC)American Battery Materials, Inc. (OTCPK:BLTH) entered a term sheet to acquire an unknown minority stake in Xantippe Resources Limited (ASX:XTC) on November 7, 2023.
공시 • Oct 28Xantippe Resources Limited, Annual General Meeting, Nov 30, 2023Xantippe Resources Limited, Annual General Meeting, Nov 30, 2023, at 14:00 AUS Eastern Standard Time. Location: Level 6, 80 Chandos Street St Leonards New South Wales Australia Agenda: To receive and consider the annual financial report of the Company for the financial year ended 30 June 2023 together with the declaration of the Directors, the Director's report, the Remuneration Report and the auditor's report; to consider Adoption of Remuneration Report; to consider Election of Director Kevin Lynn; to consider Election of Director Matthew Beem; to consider Ratification of prior issue of Roth Options; to consider Approval of 10% Placement Capacity; to consider Consolidation of Share Capital; to consider Approval to Change of Company Name; and to consider General business.
New Risk • Oct 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (54% average weekly change). Earnings have declined by 41% per year over the past 5 years. Shareholders have been substantially diluted in the past year (115% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Market cap is less than US$100m (AU$17.5m market cap, or US$11.3m).
New Risk • Aug 19New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 116% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$18m free cash flow). Share price has been highly volatile over the past 3 months (49% average weekly change). Earnings have declined by 41% per year over the past 5 years. Shareholders have been substantially diluted in the past year (116% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$17.5m market cap, or US$11.2m).
공시 • Feb 28Geko Explore Pty Ltd acquired Exploration Tenements at Southern Cross WA from XTC Lithium Limited (ASX:XTC) for AUD 1 million.Geko Explore Pty Ltd acquired Exploration Tenements at Southern Cross WA from XTC Lithium Limited (ASX:XTC) for AUD 1 million on February 28, 2025. A cash consideration will be paid by Geko Explore Pty Ltd. As part of consideration, an undisclosed value is paid towards assets of Exploration Tenements at Southern Cross WA. The cash consideration was paid in 3 instalments. The first instalment AUD 0.250 million was paid upon signing of agreements. The second instalment AUD 0.250 million payable by March 31, 2025. The last instalment AUD 0.5 million is payable by June 30, 2025. Geko Explore Pty Ltd completed the acquisition of the Exploration Tenements at Southern Cross WA from XTC Lithium Limited (ASX:XTC) on February 28, 2025.
공시 • Oct 31XTC Lithium Limited, Annual General Meeting, Nov 29, 2024XTC Lithium Limited, Annual General Meeting, Nov 29, 2024. Location: level 1, 7 ventnor avenue, west perth, wa, 6005 Australia
공시 • Nov 09American Battery Materials, Inc. (OTCPK:BLTH) entered a term sheet to acquire an unknown minority stake in Xantippe Resources Limited (ASX:XTC)American Battery Materials, Inc. (OTCPK:BLTH) entered a term sheet to acquire an unknown minority stake in Xantippe Resources Limited (ASX:XTC) on November 7, 2023.
공시 • Oct 28Xantippe Resources Limited, Annual General Meeting, Nov 30, 2023Xantippe Resources Limited, Annual General Meeting, Nov 30, 2023, at 14:00 AUS Eastern Standard Time. Location: Level 6, 80 Chandos Street St Leonards New South Wales Australia Agenda: To receive and consider the annual financial report of the Company for the financial year ended 30 June 2023 together with the declaration of the Directors, the Director's report, the Remuneration Report and the auditor's report; to consider Adoption of Remuneration Report; to consider Election of Director Kevin Lynn; to consider Election of Director Matthew Beem; to consider Ratification of prior issue of Roth Options; to consider Approval of 10% Placement Capacity; to consider Consolidation of Share Capital; to consider Approval to Change of Company Name; and to consider General business.
New Risk • Oct 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (54% average weekly change). Earnings have declined by 41% per year over the past 5 years. Shareholders have been substantially diluted in the past year (115% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Market cap is less than US$100m (AU$17.5m market cap, or US$11.3m).
New Risk • Aug 19New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 116% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$18m free cash flow). Share price has been highly volatile over the past 3 months (49% average weekly change). Earnings have declined by 41% per year over the past 5 years. Shareholders have been substantially diluted in the past year (116% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$17.5m market cap, or US$11.2m).
공시 • Jul 25Xantippe Resources Limited (ASX : XTC) agreed to acquire a 25% stake in Fundos del Plata Properties in Catamarca, Argentina from MINERA COLLASUYO S.A. for $5 million.Xantippe Resources Limited (ASX : XTC) agreed to acquire a 25% stake in Fundos del Plata Properties in Catamarca, Argentina from MINERA COLLASUYO S.A. for $5 million on July 24, 2023. Acquisition will be funded through renounceable entitlement offer. The Proposal is conditional on completion and execution of binding documentation, due diligence and other conditions precedent (including all necessary regulatory approvals).
공시 • Jun 28Xantippe Resources Limited Appoints Matthew Beem as Non-Executive DirectorXantippe Resources Limited announced that Mr. Matthew Beem has been appointed as a Non-Executive Director of the Company, with specific responsibility as Director of Finance and Administration for Latin America. Originally from the United States, Matthew Beem has over two decades of experience in the financial sector in Latin America, holding a wide array of positions throughout wealth management, investment advisory, and corporate finance, including CEO, CIO, and portfolio manager. Most recently, he served as the country head /CEO for Uruguay at the EFG Bank Rep Offices in Montevideo and Punta del Este. He began his career in Buenos Aires, Argentina at the think tank Fundacion Mediterranea, founded by the former Argentine finance minister Domingo Cavallo. During his two-year stint there, he covered the Brazilian economy, was on a team commissioned by the World Bank to compare the Brazilian devaluation of 1999 with the Argentine crisis of 2002 and wrote analysis of the Brazilian presidential transition of 2002 for both South American and US-based publications. Prior to joining EFG Oficina de Representacion, he was a senior member of the portfolio management team for EFG Asset Management in Miami, where he was the lead manager for three different discretionary strategies totalling an AuM of $700 million; Matthew was also an investment counselor for EFG Capital, where he advised clients on a non-discretionary basis. He has also previously held several positions in Miami-based private banks, including Citi Private Bank, where he made asset allocation decisions for HNW portfolios. Matthew is fluent in Spanish and is a CFA charterholder (Chartered Financial Analyst). He holds a bachelor's degree from Trinity University, a master's degree from Stanford University, as well as a master's degree in Geosciences from Mississippi State University. In terms of organizational involvement, he has served as the president of the CFA Society Miami, is a current member of CFA Society Uruguay and CFA Society Miami, and has also served on boards of the CFA Institute the Rotary Club, and as an alumni admissions interviewer for Stanford University. Date of appointment is June 26, 2023.
공시 • Jun 19Xantippe Resources Limited Announces Resignation of Imants Kins as DirectorXantippe Resources Limited announced that Mr. Imants Kins resigned as a director of the Company effective immediately.
공시 • Feb 15Xantippe Resources Limited Announces Drilling Intersects Thick Interval of Lithium PegmatiteXantippe Resources Limited advised that Reverse Circulation (RC) drilling for lithium targets at the Blanche target on its Southern Cross Project in Western Australia, has intersected a further two thick intervals of pegmatite. There is also mineralogy indicative of fractionation conducive to Lithium mineralisation at the Blanche Prospect (Blanche). These are in hole 3 (SXRC0019} and hole 4 (SXRC0020). Hole 4 is a step-out approximately a 500-metresdue north of SXRC0017. The results from the four holes are seen as geologically significant. The 100%-owned Southern Cross project (Exploration Lease E77/2609) covers some 790 hectares in the Yilgarn mining region of Western Australia. The Blanche target, occupies a distinct magnetic low within the host stratigraphy and is interpreted torepresent the northern extension of the system intersected by Black Dragon/Zenith tothe south. Several pegmatites in this region of Western Australia sustain profitablemining operations, with Blanche being in close proximity to some of Australia's mostsignificant deposits. The first hole, SRXC0017, returned pegmatite from 140m to 216m downhole. The nexthole, SXRC0018, intersected pegmatite from 120m to 228m downhole.The third hole SXRC0019 returned pegmatite from 144-192m depth and the fourthhole returned pegmatite from 154-234m, still on pegmatite. SRXC0020 was asignificant 500- metre step out north of first hole (i.e. SXRC0017). The line spacingsbetween the first, second and third holes is approximately 150 metres.All pegmatite intervals contain variable amounts of what is interpreted to be twoimportant Li-ore minerals (lepidolite and eucryptite), as evidenced by the response toUV lamp testing). Importantly, the pegmatite intervals present very similar to thoseencountered by Zenith/Black Dragon to the immediate south.Samples from these four encouraging drill holes have been submitted to the laboratory forexpedited analysis and XTC expects results to be available within two weeks. Drilling is currently underway on the four additional infill holes.Significantly, the occurrence of pegmatite so far is constrained to within an obviouszone of low magnetic intensity, interpreted to represent the physical characteristics ofthe intrusive target rock. Conformity to this trend in further drilling would makepossible the presence of large volumes of pegmatite, which reinforces the project'sprospectivity.Assay confirmation of grade and tenor of lithium-bearing pegmatites within Xantippe'slease boundaries will pave the way for subsequent drill programs and additionalgroundwork to test the regional extent of mineralisation and whether additional areasof prospectivity exist within the lease.
공시 • Feb 14Xantippe Resources Limited Appoints Kevin Lynn as DirectorXantippe Resources Limited announced that Mr. Kevin Lynn has been appointed as a Director of the Company effective immediately. Mr. Lynn is a Chartered Accountant (ACA) with a Master of Finance. Mr. Lynn is also Fellow of FINSIA (F.FIN) and Institute of Company Directors (FAICD) with over 35 years' experience in private, public and public listed companies, particularly in mining and oil and gas, whilst acting in various roles includingDirector, CFO and Company Secretary.
공시 • Feb 09Xantippe Resources Limited Advises That Drilling for Lithium Targets on Its 100% Owned Exploration Lease E77/2609 Has Intersected Thick Intervals of Pegmatite Along with Mineralogy Indicative of Fractionation That Is Conducive to Lithium MineralizationXantippe Resources Limited advised that drilling for lithium targets on its 100% owned Exploration Lease E77/2609 has intersected thick intervals of pegmatite along with mineralogy indicative of fractionation that is conducive to Lithium mineralization. The Blanche pegmatite, now intersected in two RC drill holes, occupies a distinct magnetic low within the host stratigraphy and is interpreted to represent the northern extension of the system intersected by Black Dragon /Zenith to the south. Several pegmatites in the Western Australian Goldfields sustain profitable mining operations, with Blanche being within close proximity to some of Australia's most significant deposits. The first hole, SRXC0017 returned pegmatite from 140m to 216m downhole where progress was halted by large groundwater inflows. The next hole, SXRC0018 intersected pegmatite from 120m to 228m downhole. Both pegmatite intervals contain variable amounts of what is interpreted to be lepidolite and eucryptite (as evidenced by response from UV lamp) - two important Li ore minerals. Importantly, the pegmatite intervals present very similarly to those encountered by Zenith /Black Dragon to the immediate south. SXRC0019 is underway and expected to intersect pegmatite in the coming shift. Significantly, the occurrence of pegmatite so far is constrained to within an obvious zone of low magnetic intensity, interpreted to represent the physical characteristics of the intrusive target rock. Conformity to this trend in further drilling would make possible the presence of large volumes of pegmatite, which reinforces the projects prospectively. Assay confirmation of grade and tenor of lithium bearing pegmatites within the Xantippe's lease boundaries will pave the way for subsequent drill programmes and additional groundwork to test the regional extent of mineralization and whether additional areas of prospectively exist within the lease, covering some 790 hectares.
공시 • Feb 08Xantippe Resources Limited Announces Chief Financial Officer ChangesXantippe Resources Limited announced the appointment of Kevin Lynn as chief financial officer with immediate effect. Mr. Lynn replaces Mr. Ranko Matic. Mr. Lynn is a Chartered Accountant (ACA) with a Master of Finance. Mr. Lynn is also Fellow of FINSIA (F.FIN) and Institute of Company Directors (FAICD) with over 35 years' experience in private, public and public listed companies, particularly in mining and oil and gas, whilst acting in various roles including Director, CFO and Company Secretary.
공시 • Feb 07Xantippe Resources Limited Announces Appointment of Gabriel Pindar as Chief Operating OfficerXantippe Resources Limited announced that Mr. Gabriel Pindar formerly COO of Neo Lithium Corp. has been appointed as its Chief OperatingOfficer to advance the Carachi Pampa project. Gabriel has over 28 years of experience as a Project Executive in the development of mining andlarge-scale infrastructure projects in Argentina, Australia, Canada, Guinea, Mexico, Liberia, and the United Kingdom. Gabriel was one of the founding members of Neo Lithium Corp. where he also served as COO until it was sold to Zijin Mining. Gabriel has decades of experience building large-scale mines and related infrastructure projects around the world, including processing facilities, rail and ports. He has over 14 years of experience as an EPCM expert and 14 years of experience in project feasibility and development for large scale mines including the Olympic Dam Expansion and RGP5 inAustralia, Nimba Iron Project in Guinea, and Alumbrera in Argentina. His experience includes roles in Senior Project Management for engineering firms Fluor, Hatch,and Engenium. He was at BHP Billiton (as a Deputy Project Director), and his position, immediately prior to Neo Lithium, was as the General Manager and Head of Projects for Arcelor Mittal responsible for the development of projects across six countries (Canada, Mexico, UK, Guinea, Liberia, US). This strong skillset brings to Xantippe important experience and leadership capabilities to move the Carachi Pampa Project forward.
공시 • Feb 06Xantippe Resources Limited Announces Company Secretary ChangesXantippe Resources Limited announced that Mr. Kevin Lynn has been appointed Company Secretary, effective immediately. Mr. Lynn replaces Mr. Damon Cox. Mr. Lynn is a Chartered Accountant (ACA) with a Master of Finance. Mr. Lynn is also Fellow of FINSIA and Institute of Company Directors (FAICD) with over 35 years' experience in private, public and public listed companies, particularly in mining and oil and gas, whilst acting in various roles including Director, CFO and Company Secretary.
공시 • Feb 03Xantippe Resources Limited to Commence Drilling on Lithium Targets At Southern CrossXantippe Resources Limited announced that drilling is expected to commence this week on lithium pegmatite targets on Exploration Lease E77/2609, which is 100% owned by the Company. The tenement, which is situated in the southern part of the Southern Cross Project approximately 25km south of Marvel Loch, is believed to host lithium bearing pegmatites which have been inferred from the drilling conducted on the south and west side of the tenement boundaries by Zenith Minerals Limited. Zenith has intercepted lithium bearing pegmatites within 100m of Xantippe's tenement boundary and the pegmatites are interpreted to continue north onto E77/2609 and may continue for several hundred metres. The large, flat lying pegmatites are approximately 150-250m below surface and will be targeted with reverse circulation (RC) drilling. Xantippe has an approved Programme of Works (PoW) for the drilling and is now preparing to drill and complete the programme in February. The PoW comprises 4 RC holes for a total of 1,080 metres to be drilled. Due to the proximity of recent drilling on neighbouring leases, Xantippe believes there is a strong likelihood for the lithium bearing pegmatites to continue onto the lease and the initial round of drilling will aim to confirm this. Gravity and magnetic imagery is also being used for the drill location planning and interpretation of the inferred pegmatite. Confirming lithium bearing pegmatites exist within the Xantippe's lease boundaries will pave the way for subsequent drill programmes and additional groundwork to test the full extent of the pegmatite(s) and if additional prospective areas exist within the lease which covers approximately 790 hectares.
공시 • Jan 03Xantippe Resources Limited Provides Exploration Results on its Carachi Lithium ProjectXantippe Resources Limited provided exploration results on its Carachi Lithium Project (the Project), located in Catamarca province, Argentina in the Lithium Triangle of South America. The Company recently completed a Vertical Electrical Sounding (VES) geophysical survey that has identified a highly conductive horizon that is interpreted to represent a brine target with potential to host a large lithium deposit. The project area shares geologic features in common with other lithium-rich salars in the region. This brine aquifer has been reported as having elevated concentrations of lithium at Lake Resources' Kachi lithium project located adjacent to the Project. The geophysical survey covered an area of approximately 300 square kilometres. The conductive horizon was detected clearly in the majority of the VES stations, which cover an area of approximately 130 square kilometres. The zone is characterized by very low resistivity values interpreted to represent a buried salar deposit of a highly conductive saline brine zone (<2 ohm/m). The zone occurs at depths of 34 to 220 metres below surface. It is interpreted to be at least 150 metres thick, and is open at depth and in all directions laterally. Figure 1 overleaf shows a generalized cross section showing local geophysical contractor Conhidro's interpretation of the VES data. VES geophysical surveys are being used frequently in Argentina to successfully delineate potential brine zones below surface. Based on the VES resistivity data, Conhidro interprets there to be five zones, which range from unsaturated material (highly resistive) in the surface, to highly conductive brine at depth. Figure 1 shows three of these zones, and Conhidro interprets these as follows: Unit 1: A near surface horizon with resistivity values ranging between 30 to 2,324 ohm/m. Conhidro interpreted this zone as a horizon of unsaturated Quaternary sediments probably consisting of gravel and minor silts/clays. Unit 2: A semi-resistive layer with moderate resistivity values between 83 to 123 ohm/m, which Conhidro interpreted to be a gravel and sand horizon containing fresh to brackish water. The thickness of this zone ranges from 9 to 178 metres. Unit 3: This layer is a highly conductive zone with resistivity values that range from 0.2 to 1.0 ohm/m interpreted by Conhidro to represent a zone of saturated brines. The zone begins at a depth of 34 metres in the southwest portion of the claim group and it dips to a depth of 200 metres to the central part of the claim group increasing depth to the north. Maximum thickness of the unit is unknown. The next phase of exploration at Carachi will involve exploration drilling. The Company has submitted the environmental impact assessment (EIA) necessary to obtain the permits. The mining authority is in the process of evaluating the EIA for a program consisting of 3,550 metres of exploration core holes to sample and characterise the target aquifer (four holes of 400 metres in south part, one of 500 metres in central portion of the Project and one of up to 950 metres in the north) and one 500-metre pumpable well in the southwest portion of the claim area. The drilling program will commence as soon as the permits are granted.
Board Change • Nov 16No 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 (5 non-independent directors). Alternate Director Geoff Laing is the most experienced director on the board, commencing their role in 2019. 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.
Board Change • Apr 27Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 2 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). MD & Director Richard Henning is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Guzman Fernandez was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.