New Risk • 8h
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended June 2022. This is considered a major 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. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2022 fiscal period end). Shares are highly illiquid. Market cap is less than US$10m (UK£2.37m market cap, or US$3.19m). Board Change • 8h
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent External Director Aviva Ben Ami was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Independent External Director Avi Levin is the most experienced director on the board, commencing their role in 2021. Independent External Director Aviva Ben Ami was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. 공시 • Sep 23
Shefa Gems SHARE to Be Deleted from OTC Equity Shefa Gems Ltd. SHARE (Israel) will be deleted from OTC Equity effective from September 23, 2022, due to Inactive Security. Board Change • Apr 27
Less than half of directors are independent There 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. 1 independent director (5 non-independent directors). Independent Non-Executive Director Nathalie Schwarz is the most experienced director on the board, commencing their role in 2017. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. 공시 • Apr 09
Shefa Gems Ltd, Annual General Meeting, May 12, 2022 Shefa Gems Ltd, Annual General Meeting, May 12, 2022, at 10:00 Coordinated Universal Time. Location: 90 Herzel St. Natanya Israel 공시 • Sep 07
Shefa Gems Ltd has completed a Follow-on Equity Offering in the amount of £74.96107 million. Shefa Gems Ltd has completed a Follow-on Equity Offering in the amount of £74.96107 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,123,543,065
Price\Range: £0.0353
Transaction Features: Subsequent Direct Listing 공시 • Feb 23
Shefa Gems Ltd Announces Prospecting Licence and Prospecting Permit Update of Bat Shlomo Project Shefa Gems announced that it has been granted by the Ministry of Energy, Natural Resources Administration, Israel - its second Prospecting Licence (#1010C1), for one of the company's primary exploration targets, the Bat Shlomo ('BTS') Project, taking it towards a 'Certificate of discovery' and potentially a mining licence. This Prospecting Licence allows the company to carry out a work programme comprising of a drilling plan, a conceptual mining plan and the Technical Economic Evaluation ("TEE") report which will provide the Company with the work and capital costs of bringing the 'BTS' project into production. The 'BTS' project is one of the company's primary exploration targets (Magmatic Body) in the Carmel area, and is spread over an area of 990 Dunams (99 Hectares). Following a prioritization report made by the company's geologists in relation to the magmatic bodies on Mount Carmel, and in accordance with the summary of data researched over the years in this area, it was decided in November 2020 to perform a Bulk Sample (BS-1260), which final results allowed the company to progress, relatively quickly, to the regulatory status of a Prospecting License for this project. In light of the exclusion of the 'BTS' project from the 'Carmel prospecting area' - the company also successfully renewed its Prospecting Permit(#837A14) for the remaining 312.5 Square kilometer in the Carmel for the purpose of further prospecting & research of the additional projects in the Carmel area. In addition to the above Prospecting Licence and Prospecting Permit, Shefa Gems currently holds, one Exploration Permit (#869B13) covering an area of 173.3 Square kilometer for the area of the Kishon, some areas in the Carmel and surrounding valleys, And one 'Certificate of Discovery' for the 'Kishon Mid-Reach' project. 'BTS' Bulk Sampling results: The results of bulk sample BS-1260, yielded 72 tons of mineralized Magmatic rock, recovered a total of 21,430.33 carats (cts), represented by Garnet (dominant mineral at 86.3%), Spinel (11.3%), Ilmenite (2.44%) and trace percentages (0.02%) of Sapphire. The overall grade is 297.64 carats per ton (cpt) at a bottom screen size of +1 mm. The large gemstone recovered from BS-1260 was a Garnet of 54.13cts. The size range recovered from BS-1260 is: 60% in the extra fines range (0.01 to 0.65 carats), 13% in the fines (0.66 to 1.19 carats), 12% lie in the mids (1.2 to 2.49 carats), and 16% lie in the coarse (2.5 cts and above).