Board Change • Apr 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. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director Myles Campion was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Mar 18
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$4.6m 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$4.6m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 48% per year over the past 5 years. Shareholders have been substantially diluted in the past year (82% increase in shares outstanding). Revenue is less than US$1m (AU$31k revenue, or US$22k). Market cap is less than US$10m (AU$7.26m market cap, or US$5.16m). Announcement • Dec 31
DY6 Metals Ltd (ASX:DY6) completed the acquisition of Yaoundé West Project from Desmond Metals Pty Ltd. DY6 Metals Ltd (ASX:DY6) entered into a binding agreement to acquire Yaoundé West Project from Desmond Metals Pty Ltd on September 15, 2025. The Upfront Consideration of AUD 0.75 million in cash and 10,000,000 fully paid ordinary shares (escrowed for 3 months post issue) and Deferred Consideration of 5,000,000 Tranche 1 Performance Rights, which convert into ordinary shares 6 months post completion, 5,000,000 Tranche 2 Performance Rights, which convert into ordinary shares 12 months post completion; and AUD 0.75 million in cash 12 months post completion. The transaction is subject to shareholder approval.
DY6 Metals Ltd (ASX:DY6) completed the acquisition of Yaoundé West Project from Desmond Metals Pty Ltd on December 31, 2025. New Risk • Dec 11
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 Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 47% per year over the past 5 years. Shareholders have been substantially diluted in the past year (67% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$12.7m market cap, or US$8.46m). New Risk • Oct 29
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.2m (US$9.35m) This is considered a major risk. Companies with a small market capitalization 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 Earnings have declined by 47% per year over the past 5 years. Shareholders have been substantially diluted in the past year (67% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (AU$14.2m market cap, or US$9.35m). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). 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 2024. 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 (22% average weekly change). Shareholders have been substantially diluted in the past year (67% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Market cap is less than US$100m (AU$23.0m market cap, or US$15.2m). Announcement • Sep 18
DY6 Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 4.625 million. DY6 Metals Ltd has completed a Follow-on Equity Offering in the amount of AUD 4.625 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 14,600,000
Price\Range: AUD 0.3
Discount Per Security: AUD 0.018
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 816,667
Price\Range: AUD 0.3
Discount Per Security: AUD 0.018
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Announcement • Sep 10
DY6 Metals Ltd, Annual General Meeting, Nov 21, 2025 DY6 Metals Ltd, Annual General Meeting, Nov 21, 2025. New Risk • Jul 26
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 56% 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 Share price has been highly volatile over the past 3 months (92% average weekly change). Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$27.9m market cap, or US$18.3m). Announcement • Jul 14
DY6 Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 4.625 million. DY6 Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 4.625 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 14,600,000
Price\Range: AUD 0.3
Discount Per Security: AUD 0.018
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 816,667
Price\Range: AUD 0.3
Discount Per Security: AUD 0.018
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing New Risk • Jul 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 27% 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 (45% average daily change). Revenue is less than US$1m. Market cap is less than US$10m (AU$14.9m market cap, or US$9.73m). Minor Risk Shareholders have been diluted in the past year (27% increase in shares outstanding). Announcement • Apr 24
DY6 Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 0.4 million. DY6 Metals Ltd has filed a Follow-on Equity Offering in the amount of AUD 0.4 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 8,125,000
Price\Range: AUD 0.04
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,875,000
Price\Range: AUD 0.04
Transaction Features: Subsequent Direct Listing Board Change • Apr 02
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Company Secretary & Non-Executive Director John Kay is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Dec 20
DY6 Metals Ltd has announced a Derivatives Offering in the amount of AUD 0.20475 million. DY6 Metals Ltd has announced a Derivatives Offering in the amount of AUD 0.20475 million.
Security Name: Options
Security Type: Equity Option
Securities Offered: 29,250,000
Price\Range: AUD 0.007
Discount Per Security: AUD 0
Transaction Features: Rights Offering New Risk • Sep 27
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended June 2023. 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 2023 fiscal period end). Revenue is less than US$1m. Market cap is less than US$10m (AU$2.93m market cap, or US$2.01m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (5.4% increase in shares outstanding). Announcement • Sep 19
DY6 Metals Ltd, Annual General Meeting, Nov 22, 2024 DY6 Metals Ltd, Annual General Meeting, Nov 22, 2024. Announcement • Jul 10
DY6 Metals Ltd Announces CEO Changes DY6 Metals Ltd. announced that Mr. Lloyd Kaiser has tendered his resignation as Chief Executive Officer of the Company to pursue other opportunities,effective July 10, 2024. Mr. Kaiser has offered to assist the Company with its ongoing project development and operations during this transition period.Mr Kaiser's duties will be assumed, in the near term, by the Company's Malawian based Senior Exploration Geologist, Mr. Troth Saindi, Mr. Daniel Smith, the Non-Executive Chairman, the rest of the technical team, and the Board of directors. New Risk • Apr 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 Revenue is less than US$1m. Market cap is less than US$10m (AU$2.40m market cap, or US$1.55m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (16% average weekly change). Board Change • Dec 31
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Company Secretary & Non-Executive Director John Kay is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. New Risk • Oct 13
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 Risks Revenue is less than US$1m. Market cap is less than US$10m (AU$5.55m market cap, or US$3.50m). Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (12% average weekly change). Announcement • Sep 06
DY6 Metals Ltd, Annual General Meeting, Nov 15, 2023 DY6 Metals Ltd, Annual General Meeting, Nov 15, 2023. Agenda: To consider election of directors. Announcement • Jul 06
DY6 Metals Ltd Appoints Myles Campion as Director DY6 Metals Ltd. announced the appointment of Myles Campion as Director, Date of appointment is 20 March 2023. Announcement • Jun 28
DY6 Metals Ltd has completed an IPO in the amount of AUD 7 million. DY6 Metals Ltd has completed an IPO in the amount of AUD 7 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 22,500,000
Price\Range: AUD 0.2
Discount Per Security: AUD 0.012
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 12,500,000
Price\Range: AUD 0.2
Discount Per Security: AUD 0.002