공지 • Apr 29
PYX Resources Limited to Report Fiscal Year 2025 Results on Apr 30, 2026 PYX Resources Limited announced that they will report fiscal year 2025 results on Apr 30, 2026 New Risk • Mar 31
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. 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 (40% average weekly change). Revenue is less than US$1m (US$748k revenue). Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Reported Earnings • Sep 15
First half 2025 earnings released: EPS: US$0.001 (vs US$0.002 loss in 1H 2024) First half 2025 results: EPS: US$0.001 (up from US$0.002 loss in 1H 2024). Net income: US$261.2k (up US$978.4k from 1H 2024). New Risk • Sep 12
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: US$748k This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Revenue is less than US$1m (US$748k revenue). Board Change • Jun 08
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Chairman of the Board & CEO Oliver Hasler was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. 공지 • Jun 06
Sukhyar to Step Down as Non-Executive Director of PYX Resources Limited on June 6, 2025 PYX Resources announced that Dr. Sukhyar will step down from the Board after over 2 years of dedicated service, effective June 6, 2025. Throughout his tenure, Dr. Sukhyar has provided invaluable insights and strategic guidance, contributing significantly to PYX's growth and resilience. His expertise and leadership have been instrumental in shaping the Company's direction. 공지 • Apr 24
PYX Resources Limited, Annual General Meeting, May 29, 2025 PYX Resources Limited, Annual General Meeting, May 29, 2025. Reported Earnings • Mar 14
Full year 2024 earnings released: US$0.007 loss per share (vs US$0.023 loss in FY 2023) Full year 2024 results: US$0.007 loss per share (improved from US$0.023 loss in FY 2023). Revenue: US$11.0m (down 51% from FY 2023). Net loss: US$1.25m (loss narrowed 88% from FY 2023). Revenue is forecast to grow 66% p.a. on average during the next 2 years, compared to a 1.9% growth forecast for the Metals and Mining industry in the United Kingdom. 공지 • Sep 17
PYX Resources Receives Modified Licence to Export Rutile -Sale and Exports of Rutile Expected Imminently PYX Resources announced that it has received the modified licence to export rutile from the Ministry of Trade of Indonesia (Kementrian Perdagangan Republik Indonesia). With immediate effect, the Company can now start exporting rutile and deliver on orders in line with the Industrial and Trade Department's regulations, which stipulate minimum grades for rutile of TiO2 = 90%. As previously announced, in December 2023,the Industrial and Trade Department for Export Tax Billing introduced an additional requirement to the export licence which stipulates the need to use two types of Ports, a Loading and Export Port. The Company can confirm this has now been obtained. PYX now will be using the Banjarmasin port for loading and Jakarta port to export. PYX has been producing and stockpiling ilmenite and rutile since 2022, and by the end of June 2024, had accumulated 6 kilotons of Titanium Dioxide material. The start of shipping will represent a significant milestone for the Company. Further updates on the start of shipping will be provided in due course as appropriate. New Risk • Sep 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.3% average weekly change). Earnings have declined by 32% per year over the past 5 years. 공지 • Jul 31
PYX Resources Ltd Receives New Three-Year License to Extract and Process Up to 88,800 Tonnes of Minerals from Its Tisma Project in Indonesia PYX Resources Ltd. announced that it has received a three-year license to extract and process up to 88.8kt minerals from its Tisma Project ("Tisma") in Central Kalimantan, Indonesia. With a 27%. recovery factor, this enables the production of circa 8ktpa of premium zircon of which 6.4ktpa may be exported and 1.6ktpa sold to domestic Indonesian markets. The Company's Work Programme & Budget /Rencana Kerja dan Anggaran Biaya ("WP&B"/"RKAB") received from the Indonesian Energy and Mineral Resources Department ("ESDM") is valid for three years, 2024 - 2026. It includes miningoperations; processing and refining; marketing and shipping; environment; mining safety; training; and community development and empowerment. Tisma is a licenced concession covering 1,500 hectares in Central Kalimantan, Indonesia, approximately 50km northwest from the regional capital Palangkaraya. The project has 137 million tonnes of JORC complaint inferred resources with 4% heavy mineral, containing approximately 4.5 million tonnes of zircon in combination with valuable by-products including titanium minerals (rutile and ilmenite). The terms of the recently renewed permit includes payment of Indonesian taxes and the honouring of other financial obligations of PYX's subsidiary PT Global Nusantara. A summary of some of the key provisions includes: Royalty on zircon exported of 1.5%; Fixed rent payable to the Government of Indonesia at a rate of USD 4 per hectare per annum; Corporate tax of 22% payable and set by the Government of Indonesia; Land and building taxes payable to the local government at a rate of 0.5% based on taxable sales value; and Environmental obligations, including reclamation bonding and plans, approved by the local government as part of the mine approval process. New Risk • Apr 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.2% 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 Risk Earnings have declined by 32% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Shareholders have been diluted in the past year (2.1% increase in shares outstanding). 공지 • Mar 16
PYX Resources Limited, Annual General Meeting, May 16, 2024 PYX Resources Limited, Annual General Meeting, May 16, 2024. Reported Earnings • Mar 16
Full year 2023 earnings released: US$0.023 loss per share (vs US$0.022 loss in FY 2022) Full year 2023 results: US$0.023 loss per share (further deteriorated from US$0.022 loss in FY 2022). Revenue: US$22.7m (flat on FY 2022). Net loss: US$10.6m (loss widened 12% from FY 2022). Revenue is forecast to grow 52% p.a. on average during the next 3 years, compared to a 1.0% growth forecast for the Metals and Mining industry in the United Kingdom. 공지 • Jan 18
PYX Resources Limited Receives Two-Year Licence to Extract and Process Up to 94,000 Tonnes Per Year of Minerals from its Mandiri Project PYX Resources Limited announced that it has approval to extract and process a combined 94ktpa of Premium Zircon, Ilmenite and Rutile from the Company's flagship project - Mandiri. The 2024 & 2025 Mandiri RKAB Work Plan and Budget, approved by the Indonesian authorities includes: Mining operations; Processing and refining; Marketing and shipping; Environment; Mining safety; Training; and Community development and empowerment. The receipt the Work Programme & Budget/Rencana Kerja dan Anggaran Biaya (WP&B/RKAB) from the Indonesian Energy and Mineral Resources Department (ESDM), is valid for two years, 2024 and 2025. The licence allows the Company to export: A total of 24kt per year of Premium Zircon with grades of 65.5% divide into: Export market: 19,200 ton/year; Domestic market: 4,800 ton/year. A total of 50,000 Wet ton ("WE")/year of Ilmenite with 45% grades divided into: Export market: 40,000 WE/year; Domestic market: 10,000 WE/year. A total of 20,000 WE/year of Rutile with 90% grades divided into: Export 16,000 WE/year; Domestic 4,000 WE/year. The Mandiri project has been in production since 2015 and is the 3rd largest zircon producing mining company globally by zircon resources. The project covers a licensed concession area of 2,032 hectares near Kuala Kurun City in the Gunung Mas Regency of Central Kalimantan, Indonesia and it is devoted to the exploration of mineral sands products and the production and export of premium 65.5 grade zircon. Reported Earnings • Sep 17
First half 2023 earnings released: US$0.021 loss per share (vs US$0.009 loss in 1H 2022) First half 2023 results: US$0.021 loss per share (further deteriorated from US$0.009 loss in 1H 2022). Revenue: US$10.1m (down 5.4% from 1H 2022). Net loss: US$9.30m (loss widened 149% from 1H 2022). Revenue is forecast to grow 64% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in the United Kingdom are expected to remain flat. 공지 • Aug 18
PYX Resources Limited Receives License for the Export of Rutile and Ilmenite Ores from the Indonesian Government PYX Resources Limited announced that it has received the licence for the export of rutile and ilmenite ores from the Indonesian government. The Company, which announced the start of rutile production on 12 January 2022 and ilmenite production on 27 June 2022, has been stockpiling the material, and by the end of June 2023, has accumulated 8.2kt of these minerals. Future Titanium Dioxide sales will have a significant positive impact on PYX's finances, since the Company has been absorbing all costs with its zircon production. Additionally, to expedite the shipping process, PYX has moved a portion of its accumulated ilmenite to the Port of Banjarmasin. The IUP-OP license and newly issued RKAB Operasi Produksi Tahun 2023 (Working Plan and Budget) authorises the Company to extract, produce, and export 24kt of zircon, 20kt of rutile and 50kt of ilmenite, ensuring the extraction and production of other by-products, such as SiO2. In line with the Industrial and Trade Department's regulations, which stipulate minimum grades for ilmenite TiO2 45% and rutile TiO2 90%, the Company has received a new export licence for ilmenite TiO 2 45%. The licence was issued by the Investment and One-Integrated Services Department (Dinas Penanaman Modal Dan Pelayanan Terpadu Satu Pintu/DPMPTSP), with the recommendation from both the Energy and Mineral Resources Department and Industrial and Trade Department. Many of these uncertainties and contingencies can affect the Company's actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, the Company. Reported Earnings • Mar 16
Full year 2022 earnings released Full year 2022 results: Net income: (up US$3.68m from FY 2021). Price Target Changed • Mar 16
Price target decreased by 23% to UK£0.98 Down from UK£1.28, the current price target is provided by 1 analyst. New target price is 460% above last closing price of UK£0.17. Stock is down 77% over the past year. Price Target Changed • Jan 26
Price target decreased by 11% to UK£1.28 Down from UK£1.45, the current price target is provided by 1 analyst. New target price is 540% above last closing price of UK£0.20. Stock is down 70% over the past year. The company posted a net loss per share of US$0.0091 last year. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Chairman of the Board & CEO Oliver Hasler was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 14
First half 2022 earnings released: US$0.009 loss per share (vs US$0.002 loss in 1H 2021) First half 2022 results: US$0.009 loss per share (further deteriorated from US$0.002 loss in 1H 2021). Revenue: US$10.6m (up 128% from 1H 2021). Net loss: US$3.73m (loss widened 485% from 1H 2021). Revenue is forecast to grow 44% p.a. on average during the next 3 years, compared to a 3.5% decline forecast for the Metals and Mining industry in the United Kingdom. Board Change • Apr 27
Less than half of directors are independent Following 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. Chairman of the Board & CEO Oliver Hasler was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 17
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: US$0.011 loss per share (up from US$0.054 loss in FY 2020). Revenue: US$12.4m (up 39% from FY 2020). Net loss: US$3.68m (loss narrowed 71% from FY 2020). Revenue missed analyst estimates by 33%. Over the next year, revenue is forecast to grow 193%, compared to a 1.3% growth forecast for the mining industry in the United Kingdom. Breakeven Date Change • Dec 31
Forecast breakeven date pushed back to 2022 The analyst covering PYX Resources previously expected the company to break even in 2021. New forecast suggests the company will make a profit of US$19.3m in 2022. Average annual earnings growth of 57% is required to achieve expected profit on schedule. Breakeven Date Change • Nov 16
Forecast to breakeven in 2021 The analyst covering PYX Resources expects the company to break even for the first time. New forecast suggests the company will make a profit of US$2.53m in 2021. Earnings growth of 59% is required to achieve expected profit on schedule. Board Change • Nov 16
Less than half of directors are independent Following 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. Chairman of the Board & CEO Oliver Hasler was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
