Board Change • May 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 Wells was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. 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. Non-Executive Director Michael Wells was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Jan 03
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 37% 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$5.3m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 35% per year over the past 5 years. Shareholders have been substantially diluted in the past year (37% increase in shares outstanding). Revenue is less than US$1m (AU$30k revenue, or US$20k). Minor Risk Market cap is less than US$100m (AU$46.0m market cap, or US$30.8m). Board Change • Dec 24
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 Wells was the last director to join the board, commencing their role in 2024. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 06
Cauldron Energy Limited, Annual General Meeting, Nov 27, 2025 Cauldron Energy Limited, Annual General Meeting, Nov 27, 2025. Announcement • May 26
Cauldron Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 1.948539 million. Cauldron Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 1.948539 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 324,756,580
Price\Range: AUD 0.006
Transaction Features: Rights Offering Board Change • Feb 04
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Chengchong Zhou was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Dec 02
Cauldron Energy Limited Appoints Mr. Michael Wells as A Non-Executive Director Cauldron Energy Limited announced the appointment of Mr. Michael Wells as a Non-Executive director with immediate effect following shareholder approval for Mr. Wells' appointment at the Company's 2024 Annual General Meeting. Mr. Wells was nominated as a non-executive Director by Parle Investments Pty Limited, Cauldron's largest shareholder, and the resolution received strong support with 99.60% of votes cast in support. Mr. Wells has had a long and successful business career and worked closely with Mr. Anthony Parle, of Parle Investments Pty Ltd, for approximately twenty years until 2021 and was centrally involved in the growth of businesses owned by Mr. Parle which included numerous capital investment projects. Reported Earnings • Sep 28
Full year 2024 earnings released: AU$0.004 loss per share (vs AU$0.003 loss in FY 2023) Full year 2024 results: AU$0.004 loss per share (further deteriorated from AU$0.003 loss in FY 2023). Net loss: AU$4.73m (loss widened 102% from FY 2023). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. New Risk • Jun 15
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 Australian stocks, typically moving 12% 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 Revenue is less than US$1m (AU$337k revenue, or US$223k). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (32% increase in shares outstanding). Market cap is less than US$100m (AU$33.1m market cap, or US$21.9m). Reported Earnings • Mar 17
First half 2024 earnings released: AU$0.002 loss per share (vs AU$0.003 loss in 1H 2023) First half 2024 results: AU$0.002 loss per share. Net loss: AU$2.12m (loss widened 32% from 1H 2023). Announcement • Feb 21
Cauldron Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 2.025 million. Cauldron Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 2.025 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 45,000,000
Price\Range: AUD 0.045
Transaction Features: Subsequent Direct Listing Announcement • Feb 08
Cauldron Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 2.025 million. Cauldron Energy Limited has filed a Follow-on Equity Offering in the amount of AUD 2.025 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 45,000,000
Price\Range: AUD 0.045
Transaction Features: Subsequent Direct Listing Announcement • Nov 03
Cauldron Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 1.427353 million. Cauldron Energy Limited has completed a Follow-on Equity Offering in the amount of AUD 1.427353 million.
Security Name: Ordinay Shares
Security Type: Common Stock
Securities Offered: 158,594,777
Price\Range: AUD 0.009
Discount Per Security: AUD 0.00054
Transaction Features: Rights Offering Announcement • Oct 17
Cauldron Energy Limited, Annual General Meeting, Nov 30, 2023 Cauldron Energy Limited, Annual General Meeting, Nov 30, 2023, at 10:00 W. Australia Standard Time. Agenda: To consider the election of Directors. Announcement • Oct 13
Currawong Resources Pty Ltd completed the acquisition of a 51% stake in the Blackwood Gold Project from Cauldron Energy Limited (ASX:CXU) Currawong Resources Pty Ltd agreed to acquire 51% stake in Blackwood Gold Project from Cauldron Energy Limited (ASX:CXU) for AUD 0.3 million on September 5, 2023. There are no proposed changes to the board or senior management personnel as a consequence of this transaction. The acquisition is to the following condition precedent: both parties obtaining all shareholder and regulatory approvals required to perform their obligations under the agreement, and Cauldron and Blackwood entering into a termination agreement to terminate the Joint Venture Agreement. The transaction is expected to be concluded by no later than September 25, 2023.Currawong Resources Pty Ltd completed the acquisition of 51% stake in Blackwood Gold Project from Cauldron Energy Limited (ASX:CXU) on October 11, 2023. Reported Earnings • Sep 30
Full year 2023 earnings released: AU$0.003 loss per share (vs AU$0.004 loss in FY 2022) Full year 2023 results: AU$0.003 loss per share. Net loss: AU$2.34m (loss widened 26% from FY 2022). Announcement • Sep 06
Currawong Resources Pty Ltd agreed to acquire 51% stake in Blackwood Gold Project from Cauldron Energy Limited (ASX:CXU) for AUD 0.3 million. Currawong Resources Pty Ltd agreed to acquire 51% stake in Blackwood Gold Project from Cauldron Energy Limited (ASX:CXU) for AUD 0.3 million on September 5, 2023. There are no proposed changes to the board or senior management personnel as a consequence of this transaction. The acquisition is to the following condition precedent: both parties obtaining all shareholder and regulatory approvals required to perform their obligations under the agreement, and Cauldron and Blackwood entering into a termination agreement to terminate the Joint Venture Agreement. The transaction is expected to be concluded by no later than September 25, 2023. Reported Earnings • Mar 17
First half 2023 earnings released: AU$0.003 loss per share (vs AU$0.001 loss in 1H 2022) First half 2023 results: AU$0.003 loss per share (further deteriorated from AU$0.001 loss in 1H 2022). Net loss: AU$1.61m (loss widened 175% from 1H 2022). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Board Change • Nov 18
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Chengchong Zhou was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 04
Full year 2022 earnings released: AU$0.004 loss per share (vs AU$0.002 loss in FY 2021) Full year 2022 results: AU$0.004 loss per share (further deteriorated from AU$0.002 loss in FY 2021). Net loss: AU$1.85m (loss widened 177% from FY 2021). Board Change • Apr 27
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. 4 experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Independent Non-Executive Director Chengchong Zhou was the last independent director to join the board, commencing their role in 2017. 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 • Oct 11
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Chenchong Zhou was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 01
Full year 2021 earnings released: AU$0.002 loss per share (vs AU$0.005 loss in FY 2020) Full year 2021 results: Net loss: AU$669.5k (loss narrowed 59% from FY 2020). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 05
Full year earnings released - AU$0.0047 loss per share Over the last 12 months the company has reported total losses of AU$1.63m, with losses narrowing by 49% from the prior year. 