Board Change • May 01
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Member of Advisory Board Phil Mitchell was the last director to join the board, commencing their role in 2026. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Mar 30
Cobre Limited has completed a Follow-on Equity Offering in the amount of AUD 56.56082 million. Cobre Limited has completed a Follow-on Equity Offering in the amount of AUD 56.56082 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 25,000,000
Price\Range: AUD 0.15
Discount Per Security: AUD 0.009
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 352,072,131
Price\Range: AUD 0.15
Discount Per Security: AUD 0.009
Transaction Features: Subsequent Direct Listing Aankondiging • Feb 12
Cobre Limited has filed a Follow-on Equity Offering in the amount of AUD 60 million. Cobre Limited has filed a Follow-on Equity Offering in the amount of AUD 60 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 49,161,202
Price\Range: AUD 0.15
Discount Per Security: AUD 0.009
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 350,838,798
Price\Range: AUD 0.15
Discount Per Security: AUD 0.009
Transaction Features: Subsequent Direct Listing Board Change • Dec 24
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Non-Executive Director Michael Addison was the last director to join 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. Insufficient board refreshment. Aankondiging • Nov 27
Cobre Limited has completed a Follow-on Equity Offering in the amount of AUD 4 million. Cobre Limited has completed a Follow-on Equity Offering in the amount of AUD 4 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 40,000,000
Price\Range: AUD 0.1
Discount Per Security: AUD 0.00375
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Aankondiging • Nov 18
Cobre Limited has filed a Follow-on Equity Offering in the amount of AUD 4 million. Cobre Limited has filed a Follow-on Equity Offering in the amount of AUD 4 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 40,000,000
Price\Range: AUD 0.1
Discount Per Security: AUD 0.00375
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Aankondiging • Oct 23
Cobre Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million. Cobre Limited has completed a Follow-on Equity Offering in the amount of AUD 1.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 25,000,000
Price\Range: AUD 0.06
Transaction Features: Subsequent Direct Listing Aankondiging • Sep 12
Cobre Limited, Annual General Meeting, Nov 26, 2025 Cobre Limited, Annual General Meeting, Nov 26, 2025. Aankondiging • Sep 02
Cobre Limited announced that it expects to receive AUD 3 million in funding from Sinomine International Exploration (Hong Kong) Co. Ltd. Cobre Limited entered into an agreement with Sinomine International Exploration to issue 50,000,000 new fully paid ordinary shares at an issue price of AUD 0.06 for the proceeds of AUD 3 million on September 2, 2025. Board Change • Aug 18
No independent directors 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. No independent directors (5 non-independent directors). Non-Executive Director Ross McGowan was the last 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: Lack of independent directors. Insufficient board refreshment. Board Change • Feb 04
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Ross McGowan was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 31
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Ross McGowan was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Oct 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$6.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$6.6m free cash flow). Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m (AU$804k revenue, or US$557k). Minor Risks Shareholders have been diluted in the past year (28% increase in shares outstanding). Significant insider selling over the past 3 months (AU$100k sold). Market cap is less than US$100m (AU$27.2m market cap, or US$18.9m). New Risk • Sep 30
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. 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 Earnings have declined by 20% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Shareholders have been diluted in the past year (28% increase in shares outstanding). Significant insider selling over the past 3 months (AU$100k sold). Market cap is less than US$100m (AU$27.6m market cap, or US$19.1m). New Risk • Aug 15
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: AU$100k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 20% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (27% increase in shares outstanding). Significant insider selling over the past 3 months (AU$100k sold). Market cap is less than US$100m (AU$18.6m market cap, or US$12.3m). Aankondiging • Aug 06
Cobre Limited, Annual General Meeting, Nov 26, 2024 Cobre Limited, Annual General Meeting, Nov 26, 2024. New Risk • Nov 22
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 19% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$10.0m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 28% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (34% increase in shares outstanding). Market cap is less than US$100m (AU$16.4m market cap, or US$10.7m). Aankondiging • Sep 06
Cobre Limited, Annual General Meeting, Nov 21, 2023 Cobre Limited, Annual General Meeting, Nov 21, 2023, at 11:30 AUS Eastern Standard Time. Recent Insider Transactions • Mar 30
Co-Founder & Executive Chairman recently bought AU$71k worth of stock On the 28th of March, Martin Holland bought around 700k shares on-market at roughly AU$0.10 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Martin has been a buyer over the last 12 months, purchasing a net total of AU$89k worth in shares. Aankondiging • Feb 03
Cobre Limited Announces Assay Results Confirm Regional Multi-Target Copper District Cobre Limited provided an exploration update on the Ngami Copper Project (NCP) and KITW projects following a recent technical review of results. At NCP, several new targets are emerging in close proximity to the 4km strike-length Comet target which has already returned several significant downhole copper intersections including 12.2m @ 2.7% Cueq in drill hole NCP20A and 10.7m @ 1.5% Cueq in NCP081. A total of nine targets have now been identified from the recently completed soil sampling dataset including Comet. Recent drill results, combined with historical holes, have returned positive intersections in several of the newly tested targets highlighting the success of the exploration methodology. To date, the exploration drill results have demonstrated that three of the five drill tested targets have anomalous copper-silver mineralisation- typical of halos surrounding KCB deposits, providing a significant boost to the regional potential of this emerging district. Importantly, these are early-stage results into large new developing targets with ongoing drilling expected to discover further high-grade zones. The next phase of work will include a ~5,000m diamond drill program designed to: Continue targeting high-grade copper-silver zones within drill tested targets with proven copper-silver mineralisation; and Identify anomalous copper-silver mineralisation related to deposit halos in the three untested targets. At KITW, interpretation of recently completed assay data for over 8,500 samples is ongoing in preparation for a 10,000m AC programme scheduled to commence towards the end of March. The drill program at NCP has been designed to intersect sedimentary-hosted, structurally controlled, copper-silver (Cu-Ag) mineralisation associated with the redox contact between oxidised Ngwako Pan Formation red beds and overlying reduced marine sedimentary rocks of the D'Kar Formation on the moderate to steeply dipping limbs of a large anticlinal structure which extends across the southern portion of the project area under 50 to 80m of Kalahari Group cover. To date, 33 drill holes, targeted off partial digest low detection limit soil sampling, have intersected the mineralised contact along both limbs of the anticline with almost all of the holes returning anomalous copper intersections for the KCB, demonstrating the prospectivity of the ~80 km of contact associated with the anticline. Results to date are analogous to other portions of the KCB where economic deposits are surrounded by halos of moderate grade copper-silver mineralisation which may extend several kilometers along strike. Aankondiging • Feb 02
Cobre Limited Publishes Assay Results from its Regional Diamond Drilling Programme Completed in Late 2022 and Commencement of 2023 Drilling Programme Cobre Limited has published assay results from its regional diamond drilling programme completed in late 2022, in addition to the commencement of its 2023 drilling programme at the Ngami Copper Project (NCP) in Botswana. The 2022 regional drilling programme confirmed notable copper/silver Cu/Ag mineralisation at three targets, and anomalous Cu/Ag at a further two targets. Cobre has now commenced its 2023 drilling programme at the NCP, with two diamond drill rigs currently drilling a 5,000m programme. A further planned 10,000m drilling programme at Kitlanya West is expected to provide additional Cu/Ag targets for diamond drilling. Aankondiging • Jan 19
Cobre Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million. Cobre Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,666,667
Price\Range: AUD 0.15 Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Ross McGowan was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 01
Full year 2022 earnings released: AU$0.033 loss per share (vs AU$0.024 loss in FY 2021) Full year 2022 results: AU$0.033 loss per share (further deteriorated from AU$0.024 loss in FY 2021). Net loss: AU$5.39m (loss widened 96% from FY 2021). Board Change • Jul 21
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Ross McGowan was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 28
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Michael Addison was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 20
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Michael Addison was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 05
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Non-Executive Director Michael Addison was the last director to join the board, commencing their role in 2019. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Is New 90 Day High Low • Jan 15
New 90-day high: AU$0.28 The company is up 47% from its price of AU$0.19 on 16 October 2020. The Australian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 21% over the same period. Is New 90 Day High Low • Dec 30
New 90-day high: AU$0.27 The company is up 64% from its price of AU$0.17 on 02 October 2020. The Australian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 19% over the same period. Is New 90 Day High Low • Dec 05
New 90-day high: AU$0.20 The company is up 24% from its price of AU$0.17 on 03 September 2020. The Australian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 12% over the same period. 
