Announcement • Feb 06
Australian Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 5.990002 million. Australian Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 5.990002 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 32,378,388
Price\Range: AUD 0.185
Discount Per Security: AUD 0.0111
Transaction Features: Subsequent Direct Listing Announcement • Jan 30
Australian Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 6.030002 million. Australian Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 6.030002 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 32,594,605
Price\Range: AUD 0.185
Discount Per Security: AUD 0.0111
Transaction Features: Subsequent Direct Listing Announcement • Oct 28
Australian Rare Earths Limited, Annual General Meeting, Nov 26, 2025 Australian Rare Earths Limited, Annual General Meeting, Nov 26, 2025. Location: at offices of grant thornton australia limited, level 3, 170 frome street, adelaide, south australia Australia Announcement • Apr 30
Australian Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 3.603839 million. Australian Rare Earths Limited has completed a Follow-on Equity Offering in the amount of AUD 3.603839 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 49,262,343
Price\Range: AUD 0.068
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,735,295
Price\Range: AUD 0.068
Security Features: Attached Options
Transaction Features: Rights Offering Announcement • Mar 25
Australian Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 3.603767 million. Australian Rare Earths Limited has filed a Follow-on Equity Offering in the amount of AUD 3.603767 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 52,996,576
Price\Range: AUD 0.068
Security Features: Attached Options
Transaction Features: Rights Offering New Risk • Nov 02
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.4m (US$9.46m) 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 Less than 1 year of cash runway based on free cash flow trend (-AU$7.3m free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Earnings have declined by 18% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$14.4m market cap, or US$9.46m). Minor Risk Shareholders have been diluted in the past year (2.9% increase in shares outstanding). Announcement • Oct 02
Australian Rare Earths Limited, Annual General Meeting, Nov 27, 2024 Australian Rare Earths Limited, Annual General Meeting, Nov 27, 2024. Location: at the level 23, 91 king william street, adelaide, south australia, Australia New Risk • Sep 25
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 18% 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$7.3m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 18% per year over the past 5 years. Revenue is less than US$1m (AU$448k revenue, or US$308k). Market cap is less than US$10m (AU$11.8m market cap, or US$8.15m). Minor Risk Shareholders have been diluted in the past year (2.5% increase in shares outstanding). New Risk • Sep 16
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 Less than 1 year of cash runway based on free cash flow trend (-AU$9.3m free cash flow). Earnings have declined by 23% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$10.1m market cap, or US$6.80m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (2.5% increase in shares outstanding). New Risk • Sep 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.5% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$9.3m free cash flow). Earnings have declined by 23% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$9.95m market cap, or US$6.70m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (2.5% increase in shares outstanding). Announcement • Sep 04
Australian Rare Earths Limited (ASX:AR3) acquired EL 7001 and EL 7003 in Murray Basin of South Australia for AUD 0.80 million. Australian Rare Earths Limited (ASX:AR3) acquired EL 7001 and EL 7003 in Murray Basin of South Australia for AUD 0.80 million on September 3, 2024. A cash consideration of AUD 0.57 million will be paid by Australian Rare Earths Limited. The consideration consists of 2.04 million common equity of Australian Rare Earths Limited to be issued for assets of EL 7001 and EL 7003 in Murray Basin of South Australia. As part of consideration, AUD 0.57 million is paid towards assets of EL 7001 and EL 7003 in Murray Basin of South Australia.
Australian Rare Earths Limited (ASX:AR3) completed the acquisition of EL 7001 and EL 7003 in Murray Basin of South Australia on September 3, 2024. New Risk • Jul 09
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 13% 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 Less than 1 year of cash runway based on free cash flow trend (-AU$9.3m free cash flow). Earnings have declined by 23% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$13.1m market cap, or US$8.83m). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Recent Insider Transactions • Jun 29
Independent Chairman recently bought AU$85k worth of stock On the 27th of June, Angus Barker bought around 100k shares on-market at roughly AU$0.85 per share. This transaction amounted to 3.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Angus has been a buyer over the last 12 months, purchasing a net total of AU$97k worth in shares. Board Change • Jun 25
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Pauline Carr is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. New Risk • Jun 17
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: AU$14.5m (US$9.58m) 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 Less than 1 year of cash runway based on free cash flow trend (-AU$9.3m free cash flow). Earnings have declined by 23% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$14.5m market cap, or US$9.58m). New Risk • Jun 13
New major risk - Revenue and earnings growth Earnings have declined by 23% 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$9.3m free cash flow). Earnings have declined by 23% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (AU$15.6m market cap, or US$10.4m). Board Change • Apr 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 Chairman Angus Barker was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Apr 05
Australian Rare Earths Limited Announces Board Changes Australian Rare Earths Limited announced the appointment of Mr. Travis Beinke to the Board of Directors as Managing Director, effective immediately. Mr. Beinke was first appointed to the Company as the Chief Executive Officer in June 2023. His remuneration and other contractual arrangements remain unchanged from that disclosed previously. Mr. Beinke has more than 20 years' experience in the resources sector, most recently with OZ Minerals where he initially held the role of Group Manager Commercial, prior to leading the company's engagement with equity markets as Group Manager Investor Relations. Mr. Beinke brings a broad range of strategic, commercial, finance and business development skills to the Board, particularly in exploration and growth projects. He has a deep appreciation of what is required to sustainably deliver critical and energy transition minerals as the global economy seeks to decarbonise. Mr. Beinke has a Bachelor of Commerce and is CPA qualified. The Company also advises that Mr. Rick Pobjoy has stepped down from the Board. Mr. Pobjoy will continue in his executive role with AR3, allowing him to focus on adding value to the Koppamurra project by continuing to grow the inventory through exploration while advancing metallurgical test and processing flowsheet work. In addition, he will also utilize his extensive uranium experience in advancing the Company's new Overland uranium exploration prospect. New Risk • Mar 02
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: AU$3.4m Forecast net loss in 2 years: AU$3.0m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. 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$9.3m free cash flow). Revenue is less than US$1m (AU$227k revenue, or US$148k). Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (AU$3.0m net loss in 2 years). Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (AU$17.0m market cap, or US$11.1m). Announcement • Jan 29
Australian Rare Earths Limited Announces Retirement of Dudley Kingsnorth Oam as Non-Executive Director, Effective 31 January 2024 Australian Rare Earths Limited announced that Professor Dudley Kingsnorth OAM has signalled his intention to retire as a Non-Executive Director of the Company, effective 31 January 2024. Dudley joined the Board in 2021 as AR3's inaugural Chairman, a position he held until the last AGM in November 2023. Dudley's services to mining and to the community have been recognised in the 2024 Australia Day Honours list, in which he was awarded the Medal of the Order of Australia (OAM). Retirement from the AR3 Board will enable Dudley to devote more time to his charitable community interests, in particular the Alice Kingsnorth International Scholarship, which supports overseas travel by front-line employees of AnglicareWA to gain experience and exchange solutions to pressing social issues. Since the Company's inception, Dudley has shared his significant rare earth industry knowledge and made important strategic introductions across the international rare earth industry, to ensure the Board and management team of AR3 are well placed for continued success. Announcement • Jan 11
Australian Rare Earths Limited Launches New Interactive Investor Hub Australian Rare Earths Limited announced the launch of its new interactive Investor Hub. This Investor Hub platform has been designed to provide existing and prospective shareholders with an immersive and user-friendly experience. Investors can access real-time updates from the company including: ASX Announcements, Reports, Presentations, Educational Material, CEO Interviews and Corporate Research, all in one centralised location. The introduction of the Investor Hub Platform is complemented by the appointment of Tau Media as the company's new Investor and Media Relations consultant. New Risk • Oct 24
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 Less than 1 year of cash runway based on free cash flow trend (-AU$7.9m free cash flow). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (AU$29.3m market cap, or US$18.6m). Announcement • Sep 30
Australian Rare Earths Limited, Annual General Meeting, Nov 08, 2023 Australian Rare Earths Limited, Annual General Meeting, Nov 08, 2023. Agenda: To consider and approve Dudley Kingsnorth replacement as Chairman and to consider other business matters. Breakeven Date Change • Sep 23
Forecast to breakeven in 2026 The analyst covering Australian Rare Earths expects the company to break even for the first time. New forecast suggests the company will make a profit of AU$3.10m in 2026. Average annual earnings growth of 23% is required to achieve expected profit on schedule. New Risk • Sep 17
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 Risks Less than 1 year of cash runway based on free cash flow trend (-AU$7.3m free cash flow). Earnings are forecast to decline by an average of 4.9% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Currently unprofitable and not forecast to become profitable over next 3 years (AU$6.8m net loss in 3 years). Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (AU$37.4m market cap, or US$24.0m). New Risk • Aug 09
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 4.9% per year for the foreseeable future. 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 expected to decline, then in most cases the share price will decline over time as well. 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$7.3m free cash flow). Earnings are forecast to decline by an average of 4.9% per year for the foreseeable future. Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (AU$6.8m net loss in 3 years). Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (AU$40.9m market cap, or US$26.7m). Breakeven Date Change • Jun 30
Forecast to breakeven in 2026 The analyst covering Australian Rare Earths expects the company to break even for the first time. New forecast suggests the company will make a profit of AU$12.0m in 2026. Average annual earnings growth of 50% is required to achieve expected profit on schedule. Announcement • Jun 15
Australian Rare Earths Limited Appoints Travis Beinke as Chief Executive Officer (Ceo), Effective from 19 June 2023 Australian Rare Earths Limited announced the appointment of highly experienced resources executive Travis Beinke as Chief Executive Officer (CEO), effective from 19 June 2023. Mr. Beinke has more than 20 years' experience in the resources sector, most recently with OZ Minerals where he initially held the role of Group Manager Commercial prior to leading the company's engagement with equity markets as Group Manager Investor Relations. Mr. Beinke brings a broad range of strategic, commercial, finance and business development skills, particularly in exploration and growth projects. He has a deep appreciation of what is required to sustainably deliver critical minerals as the global economy seeks to decarbonise. Mr. Beinke has a Bachelor of Commerce and is CPA qualified. The Company's Acting Managing Director, Rick Pobjoy, will return to his previous role as Technical Director, allowing him to focus on adding value to the Koppamurra project by continuing to grow the inventory through exploration while advancing metallurgical test work. Recent Insider Transactions • Mar 21
Independent Non-executive Director recently bought AU$197k worth of stock On the 17th of March, Angus Barker bought around 740k shares on-market at roughly AU$0.27 per share. This transaction amounted to 77% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$258k more in shares than they have sold in the last 12 months. Board Change • Jul 28
Less than half of directors are independent There are 4 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: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Director Bryn Jones is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Pauline Carr 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 experienced directors.