Board Change • May 20
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. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Jonathan Downes was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • May 01
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. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Jonathan Downes was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Dec 26
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 54% per year over the past 5 years. Revenue is less than US$1m (AU$287k revenue, or US$193k). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (AU$18.6m market cap, or US$12.5m). Board Change • Dec 24
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. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Jonathan Downes was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Nov 20
Cazaly Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 3.5 million. Cazaly Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 3.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 116,666,668
Price\Range: AUD 0.03
Discount Per Security: AUD 0.0018
Transaction Features: Subsequent Direct Listing Aankondiging • Oct 13
Cazaly Resources Limited, Annual General Meeting, Nov 20, 2025 Cazaly Resources Limited, Annual General Meeting, Nov 20, 2025. Location: at the park business centre, 45 ventnor avenue, wa 6005, west perth Australia Board Change • Aug 18
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. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Jonathan Downes was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 04
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. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Jonathan Downes was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Jan 07
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 Australian stocks, typically moving 17% 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 (17% average weekly change). Earnings have declined by 37% per year over the past 5 years. Revenue is less than US$1m (AU$297k revenue, or US$186k). Market cap is less than US$10m (AU$6.23m market cap, or US$3.89m). Board Change • Dec 24
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. 2 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Jonathan Downes was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Oct 11
Cazaly Resources Limited, Annual General Meeting, Nov 21, 2024 Cazaly Resources Limited, Annual General Meeting, Nov 21, 2024. Location: at level 3, 30 richardson street, west perth wa 6005 Australia Reported Earnings • Sep 21
Full year 2024 earnings released: AU$0.002 loss per share (vs AU$0.006 loss in FY 2023) Full year 2024 results: AU$0.002 loss per share (improved from AU$0.006 loss in FY 2023). Net loss: AU$891.5k (loss narrowed 58% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 14
First half 2024 earnings released: EPS: AU$0 (vs AU$0.003 loss in 1H 2023) First half 2024 results: EPS: AU$0 (improved from AU$0.003 loss in 1H 2023). Net income: AU$118.3k (up AU$1.36m from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance. Aankondiging • Nov 29
Cazaly Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 2.089 million. Cazaly Resources Limited has filed a Follow-on Equity Offering in the amount of AUD 2.089 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 69,633,333
Price\Range: AUD 0.03
Discount Per Security: AUD 0.0018
Transaction Features: Subsequent Direct Listing Aankondiging • Oct 12
Cazaly Resources Limited, Annual General Meeting, Nov 21, 2023 Cazaly Resources Limited, Annual General Meeting, Nov 21, 2023, at 10:30 W. Australia Standard Time. Location: Hall Chadwick, 283 Rokeby Road, Subiaco Western Australia Australia Agenda: To receive and consider the 2023 Annual Report together with the Declaration of the Directors, the Directors' Report, the Remuneration Report and the Auditor's Report thereon; to consider adoption of remuneration report; to consider re-election of Director - Mr. Clive Jones; to consider approval of 10% placement capacity; to consider ratification of prior issue of shares for 25% interest in Sundown Lithium project; to consider ratification of prior issue of shares for services and finder's fee; to consider approval of issue of shares - Equity Placement; and to deal with any business that may be lawfully brought forward. New Risk • Sep 23
New major risk - Revenue and earnings growth Earnings have declined by 15% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. 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$4.0m free cash flow). Earnings have declined by 15% per year over the past 5 years. Revenue is less than US$1m (AU$487k revenue, or US$314k). Market cap is less than US$10m (AU$15.4m market cap, or US$9.92m). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (6.5% increase in shares outstanding). New Risk • Sep 10
New minor risk - Financial data availability The 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 Risk Revenue is less than US$1m (AU$343k revenue, or US$219k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (6.5% increase in shares outstanding). Market cap is less than US$100m (AU$16.6m market cap, or US$10.6m). New Risk • Aug 14
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Revenue is less than US$1m (AU$343k revenue, or US$222k). Market cap is less than US$10m (AU$15.4m market cap, or US$9.97m). Minor Risk Shareholders have been diluted in the past year (6.5% increase in shares outstanding). Reported Earnings • Mar 12
First half 2023 earnings released: AU$0.003 loss per share (vs AU$0.002 profit in 1H 2022) First half 2023 results: AU$0.003 loss per share (down from AU$0.002 profit in 1H 2022). Net loss: AU$1.24m (down 238% from profit in 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Aankondiging • Feb 16
Cazaly Resources Limited Announces Anomalous Copper Results & Multiple EM Targets at the Ashburton Project Cazaly Resources Limited announced that exploration has advanced at its Ashburton Project, located in the Pilbara region of Western Australia. Copper results have been received from rock chip samples collected at the Cheela Plains prospect and initial processing of final electromagnetic (EM) survey data was also completed. The Cheela Plains prospect is located along the Najilgardy fault zone where Cazaly holds the rights to a major land position covering more than 2,450km in the Ashburton Basin. The project covers major regional structures considered to be prospective for large mineralised systems. Analytical results have been returned for three (3) rock chip samples collected at the Cheela Plains prospect where Cazaly's geologists identified copper in outcrop in the form of copper carbonates, visual estimates up to 3% and copper sulphides, visual estimates up to 5%. Two of the three samples assayed above 10% copper, with the highest assay 32.32% copper. The mineralised copper trend continues to the south east with anomalous rock chip samples extending the anomaly over 2km strike. Limited historical drilling was conducted to the south-east of the best rock chip results however the drill holes appear to have failed to test the prospective stratigraphy and therefore ineffective at testing the copper potential along this trend. An Airborne Electromagnetic (AEM) Survey was completed across three blocks in early August 2022 for a total of 305 line kilometres at 400m or 200m line spacing. Final EM survey results have been received and processing has been completed for the first priority block "Survey Block 1" located at the Cheela Plains prospect along the Nanjilgardy Fault. The Nanjilgardy fault is a major regional scale structure marking the boundary between the Capricorn Orogen and the Pilbara Craton. The structure is associated with significant deposits including Black Cat's Paulsens gold mine and Kalamazoo's Mount Olympus gold mine. Final results and report are pending. Three new EM targets have been identified (Figure 3) closely associated with a NW trending Fault, interpreted to be a splay off the Nanjilgardy fault within the broader Nanjilgardy fault zone. This fault may have been an important conduit for the focus of mineralising fluids and is in close proximity to the copper mineralisation and EM targets. All three EM targets are untested, no historical surface sampling or drilling has been conducted on the targets. The Company has initiated specific modelling of the EM anomalies to determine the size and geometry of any potential conductor targets for further follow-up. It is anticipated that this will be completed in the coming weeks in time for the 2023 field season. Aankondiging • Feb 15
Cazaly Resources Limited Announces Anomalous Rare Earth Elements Occur At Ashburton Project Cazaly Resources Limited announced that anomalous assay results have been received for initial REE exploration carried out over 50km strike, at its Ashburton Project, located in the Pilbara region of Western Australia. The project area covers 2,450km2 and hosts major regional structures considered to be prospective for large mineralised systems. Analytical results were returned from the rock chip heli-sampling program completed at the Ashburton Project. Twenty-six (26) samples were collected from the sedimentary units of the Capricorn group over a 50km strike, adjacent to the Blair Fault, a deep seated regional scale structure. Seven (7) samples returned anomalous TREO above 0.5% with two (2) samples above 1% TREO. Elevated REE include: 118ppm dysprosium; 179ppm gadolinium; 619ppm yttrium; 2,070ppm lanthanum; 1,472ppm neodymium; and 431ppm praseodymium. In addition phosphorous results were also elevated to 4,600ppm. These results are higher than those samples previously reported by Fortescue Metals Group (FMG) from within the Ashburton project area. Historically, limited low-level exploration was conducted by Fortescue Metals Group Ltd. (FMG) across the dolomites within the Capricorn Group with eleven (11) rock chip samples collected by FMG and analysed for gold, base metals, and REE. The results indicate the samples are enriched in REE (notably La, Ce, and Pr). Six (6) of these samples are located along the Blair Fault in the southern part of Cazaly's Ashburton Project area. The samples have elevated REE including: 2,840ppm cerium; 86.5ppm dysprosium; 1370ppm lanthanum; 314ppm praseodymium; and 1,650ppm phosphorus. Neodymium was not reported. Cazaly recently completed a helicopter supported rock chip sampling program to determine the prospectivity of the 50km long thorium anomaly and follow up on the previous work conducted by FMG along strike to the south-east. Aankondiging • Jan 17
Cazaly Resources Limited Announce That Exploration Has Advanced At Its Ashburton Project, Located in the Pilbara Region of Western Australia Cazaly Resources Limited announced that exploration has advanced at its Ashburton Project, located in the Pilbara region of Western Australia. The project area covers 2,450km and hosts major regional structures considered to be prospective for large mineralised systems. Cazaly has identified strongly anomalous radiometric trends parallel to stratigraphy within the project which correspond with historic strongly anomalous rare earth element results. First pass reconnaissance field work has recently been completed by the Company to investigate these trends. All analytical results are pending. During ongoing target generation work a 50km long thorium anomaly was identified across the southern portion of the tenements adjacent to the Blair Fault, a deep-seated regional scale structure at the contact between the Ashburton Formation and the Capricorn Group. Historically, limited low-level exploration was conducted by Fortescue Metals Group Ltd. across the dolomites within the Capricorn Group in search of REE. Eleven rock chip samples were collected by FMG and analysed for gold, base metals, and REE. The results indicate the samples are enriched in REE. Six of these samples are located along the Blair Fault in the southern part of Cazaly's Ashburton Project area. The samples have elevated REE including: 2,840ppm cerium; 86.5ppm dysprosium; 1370ppm lanthanum; 314ppm praseodymium; and 1,650ppm phosphorus. Neodymium was not assayed. Cazaly recently completed a helicopter supported rock chip sampling program to determine the prospectivity of the 50km long thorium anomaly and follow up on the previous work conducted by FMG along strike to the south-east. 26 samples were collected along the thorium anomaly, 6 samples were collected at other points of interest, and 3 samples were collected to assess a preliminary TEM anomaly along the Nanjilgardy fault on tenement E08/3272, known as the Cheela Plains tenement. shows all sample locations. Rock chip samples collected on the Cheela Plains tenement contained copper carbonates, visual estimates up to 3% and copper sulphide mineralisation, visual estimates up to 5%. All rock chip samples were submitted to the laboratory for analysis. Reported Earnings • Sep 23
Full year 2022 earnings released: AU$0.005 loss per share (vs AU$0.002 profit in FY 2021) Full year 2022 results: AU$0.005 loss per share (down from AU$0.002 profit in FY 2021). Net loss: AU$1.74m (down 343% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Board Change • Apr 28
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. Independent Non-Executive Director Jonathan Downes was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 17
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: AU$0.002 (up from AU$0.001 loss in 1H 2021). Net income: AU$897.2k (up AU$1.30m from 1H 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Oct 06
Executive Director recently bought AU$89k worth of stock On the 5th of October, Clive Jones bought around 2m shares on-market at roughly AU$0.045 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$168k more in shares than they have sold in the last 12 months. Reported Earnings • Oct 01
Full year 2021 earnings released: EPS AU$0.002 (vs AU$0.005 in FY 2020) Full year 2021 results: Net income: AU$716.8k (down 58% from FY 2020). Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 17
First half 2021 earnings released: AU$0.001 loss per share (vs AU$0.006 profit in 1H 2020) First half 2021 results: Net loss: AU$405.5k (down 122% from profit in 1H 2020). Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. 
