New Risk • May 14
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: -US$28m 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 (-US$28m free cash flow). Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (131% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (US$45m net loss in 2 years). Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (US$82.6m market cap). Board Change • May 01
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. 1 experienced director. No highly experienced directors. Independent Non-Executive Chairman Graham van’t Hoff 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 • Apr 15
5E Advanced Materials, Inc. Appoints Jonathan Siegler to Its Board of Directors 5E Advanced Materials, Inc. announced the appointment of Jonathan Siegler to its Board of Directors. The appointment reflects 5E's continued focus on strengthening governance and execution capabilities as it advances toward project financing and commercialization of its Fort Cady project. Mr. Siegler is the Managing Director and Chief Financial Officer of Bluescape Energy Partners. He brings significant experience in project finance, capital structuring, capital allocation, infrastructure development, and transaction execution to 5E's Board. As a Managing Director, he has helped lead more than $1.6 billion of investments across 25 major transactions, including greenfield infrastructure development and operational turnarounds. The Company believes Mr. Siegler's experience will be particularly valuable as 5E advances Fort Cady and prepares for future project debt financing. His appointment follows recent commercial progress, including customer RFPs and early-stage offtake discussions stemming from the Company's March 2026 roadshow. Mr. Siegler will serve as one of Bluescape's designees on the 5E Board, replacing Graham van't Hoff in that designee capacity. Mr. van't Hoff will continue to serve as Chairman of the Board and a Director of the Company. In addition to joining the 5E Board, Mr. Siegler currently serves as a director of Verde Clean Fuels, Inc. and EXCO Resources, Inc. He also serves as a Managing Director and member of the Investment Committee of Bluescape Energy Partners. Prior to Bluescape, Mr. Siegler served as Senior Vice President of Strategy and M&A at TXU Corp., where he helped lead strategic and transaction initiatives, and earlier in his career was an engagement manager at McKinsey &Company, leading strategy, finance and operations work across industrial and energy sectors. Mr. Siegler served as an officer aboard the nuclear-powered ballistic missile submarine USS Pennsylvania (SSBN 735B). Mr. Siegler holds a Master of Science in Electrical Engineering from Stanford University and a Bachelor of Science in Electrical Engineering from the United States Naval Academy. Announcement • Feb 04
5E Advanced Materials, Inc. has completed a Follow-on Equity Offering in the amount of $36 million. 5E Advanced Materials, Inc. has completed a Follow-on Equity Offering in the amount of $36 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 18,000,000
Price\Range: $2
Discount Per Security: $0.14 Announcement • Jan 28
5E Advanced Materials, Inc. has filed a Follow-on Equity Offering in the amount of $29.999999 million. 5E Advanced Materials, Inc. has filed a Follow-on Equity Offering in the amount of $29.999999 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 8,720,930
Price\Range: $3.44
Discount Per Security: $0.2408 New Risk • Jan 03
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 American stocks, typically moving 16% 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 (-US$25m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings are forecast to decline by an average of 18% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (over 6x increase in shares outstanding). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable next year (US$47m net loss next year). Market cap is less than US$100m (US$71.7m market cap). Announcement • Dec 20
5E Advanced Materials, Inc. Files Foundational U.S. Patent to Protect Closed-Loop In-Situ Boron Mining and Production Technology Claims to Strengthen Competitive Moat and Reinforce Market 5E Advanced Materials, Inc. has filed an omnibus application with the United States Patent and Trademark Office (USPTO) for a proprietary, closed-loop in-situ leach (ISL) mining and production process that has lowered 5E's operating costs, reduced its environmental footprint, and, if granted, will create meaningful barriers to competitors seeking to replicate the Company's ISL technology. The patent application includes 167 claims covering 5E's mining process and production for boric acid, gypsum, sodium chloride, as well as the management of metal impurities. Over the coming weeks, 5E intends to file several additional standalone applications. The patents would form a cornerstone of 5E's. intellectual property portfolio, covering key steps from injection to recovery, processing, and reinjection. ISL borate mining techniques at the Fort Cady Project trace back to pilot programs in the early 1980s with the discovery of mineral resources dating to 1964. Primary exploration work and land acquisition occurred over the next two decades. A series of ISL pilot programs occurred on three separate occasions from 1981 to 1982, 1986 to 1987, and 1987 to 1988. The Company believes factors such as government regulation and incentives focused on domestic manufacturing and supply chains and capital investments across industries will drive demand for end-use applications like solar and wind energy infrastructure, neodymium-ferro-boron magnets, defense applications, lithium-ion batteries, and other critical material applications. The business is based on the Company's large domestic boron resource, which is located in Southern California and designated as Critical Infrastructure by the U.S. Department of Homeland Security and with the U.S. Government's 2025 Critical Minerals List following boron's inclusion. Price Target Changed • Dec 05
Price target increased by 12% to US$8.13 Up from US$7.25, the current price target is an average from 2 analysts. New target price is 102% above last closing price of US$4.02. Stock is down 58% over the past year. The company is forecast to post a net loss per share of US$2.22 next year compared to a net loss per share of US$3.95 last year. Announcement • Nov 20
5E Advanced Materials, Inc. Announces Updated Mineral Resource Estimate on Fort Cady Project in the Mojave Desert, Near the Town of Newberry Springs, California On November 15, 2025, 5E Advanced Materials, Inc. received an updated mineral resource estimate for the Project. The updated mineral resource estimate was prepared by Mr. Steven Kerr of Escalante Geological Services, LLC, one of the Qualified Persons with respect to the Company’s Preliminary Feasibility Study Technical Report Summary (the “PFS”) filed with the U.S. Securities and Exchange Commission (the “SEC”) on Form 8-K on August 7, 2025. The new mineral resource estimate updates the prior estimate dated March 10, 2025, and incorporates mineral resource from additional lode claims the Company staked and filed with the U.S. Bureau of Land Management and recorded in San Bernardino County in August 2025. The updated mineral resource estimate identified 61.9 million short tons of measured ore, containing 9.1 million short tons of in-situ boric acid (H 3 BO 3), with an average grade of 8.34% (B 2 O 3), and 138.6 million short tons of indicated ore, containing 19.2 million short tons of in-situ boric acid (H 3 BO 3), with an average grade of 7.97% (B 2 O 3). On a combined basis, measured plus indicated mineral resource represent 28.3 million tons of boric acid, with an average grade of 8.09% (B 2 O 3), which represents an increase of 10.8 million tons, or 61%, as compared to the prior resource estimate. The updated mineral resource estimate also identified an aggregate measured plus indicated mineral resource estimate of 328 thousand tons of lithium carbonate equivalent (“LCE”), with an average grade of 0.17% LCE, an increase of 115 thousand tons, or 54%, as compared to the prior resource estimate. Each of these increases relate exclusively to the addition of mineral resource that resulted from the aforementioned additional lode claims. 5E Advanced Materials, Inc. announced a material increase to its borate and lithium resources for the Company's Fort Cady Project located in the Mojave Desert, near the town of Newberry Springs, California. The mineral resources upgrade demonstrates the largest reported measured and indicated borate resources in the United States and further positions the Company to become the next commercial borate producer. Highlights of the Resource Upgrade: Total Measured and Indicated Mineral Resources of boric acid increased 61% from 17.5M tons to 28.3M tons with grade of 8.09% (B2O3), an increase of 10.8M tons. Total Measured Mineral Resources of boric acid increased 170% from 3.3 million tons to 9.1 million tons with grade of 8.34% (B2O3), an increase of 5.8 million tons. Total Indicated Mineral Resources of boric acid increased 35% from 14.2 million tons to 19.2 million tons with grade of 7.97% (B2O3), an increase of 5.0 million tons. Total Measured and Indicated Mineral Resources of Lithium Carbonate Equivalent (LCE) increased 54% from 213,000 tons to 328,000 tons with 0.17% LCE. Implied resource life of 217 years using first phase of production (130,000 ST per annum) and excludes inferred resources. Project retains optionality for future expansion phases of additional production tonnage. Announcement • Oct 21
5E Advanced Materials, Inc., Annual General Meeting, Dec 08, 2025 5E Advanced Materials, Inc., Annual General Meeting, Dec 08, 2025. Location: meetnow.global/m2pagmq., United States Announcement • May 16
5E Advanced Materials, Inc. has completed a Follow-on Equity Offering in the amount of $7.045717 million. 5E Advanced Materials, Inc. has completed a Follow-on Equity Offering in the amount of $7.045717 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 1,984,709
Price\Range: $3.55
Transaction Features: Subsequent Direct Listing Announcement • May 14
5E Advanced Materials, Inc. has filed a Follow-on Equity Offering in the amount of $6.353715 million. 5E Advanced Materials, Inc. has filed a Follow-on Equity Offering in the amount of $6.353715 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 1,789,779
Price\Range: $3.55
Transaction Features: Subsequent Direct Listing Announcement • Mar 08
5E Advanced Materials, Inc. Announces Board Changes On the Exchange Effective Date, Paul Weibel notified the Company of his resignation from the Board of Directors of the 5E Advanced Materials, Inc., effective on such date. Mr. Weibel will continue to serve as the Company’s Chief Executive Officer. On the Exchange Effective Date, the Board appointed Curtis L. Hebert, Jr., as a director, effective immediately, to serve for a term expiring at the Company’s next annual meeting of stockholders and until his successor is duly elected and qualified or until his earlier death, resignation, disqualification or removal. Mr. Hebert was designated for appointment to the Company’s Board by Bluescape pursuant to the terms of the Fourth Amended and Restated Investor and Registration Rights Agreement, dated January 14, 2025, by and among the Company, Bluescape and Ascend, which provide each of Bluescape and Ascend the right to designate two directors to serve on the Company’s Board following the consummation of the Transactions for so long as each such party beneficially owns 25% of the Company’s common stock, and one director to serve on the Company's Board for so long as each such party beneficially owns 10% of the Company's common stock. Bluescape has also designated Graham van’t Hoff to continue to serve as its second designee on Board, and Ascend has designated Barry Dick and Bryn Jones to continue to serve on Board as its designees. Announcement • Jan 24
5E Advanced Materials, Inc. Appoints Paul Weibel as Director 5E Advanced Materials, Inc. appointed Paul WEIBEL as Director, effective from 22 January 2025. Announcement • Dec 09
5E Advanced Materials, Inc. Announces Resignation of H. Keith Jennings from the Board of Directors, as Chairman of the Board's Audit Committee and as A Member of the Board's Compensation Committee, Effective December 31, 2024 5E Advanced Materials, Inc. announced that on December 1, 2024, H. Keith Jennings notified the company of his resignation from the Company's Board of Directors, including as Chairman of the Board's Audit Committee and as a member of the Board's Compensation Committee, effective as of December 31, 2024. Mr. Jennings' decision to resign was in response to him accepting a Chief Financial Officer position with a public company, and was not due to any disagreement with the Company on any matter related to the Company's operations, policies or practices. Announcement • Nov 19
5E Advanced Materials, Inc. to Report Q1, 2025 Results on Nov 21, 2024 5E Advanced Materials, Inc. announced that they will report Q1, 2025 results After-Market on Nov 21, 2024 Announcement • Nov 05
5E Advanced Materials, Inc., Annual General Meeting, Dec 02, 2024 5E Advanced Materials, Inc., Annual General Meeting, Dec 02, 2024. Location: meetnow.global/m5kh9hr, United States Announcement • Oct 02
5E Advanced Materials, Inc. Appoints Mark Zamek to Its Senior Leadership Team 5E Advanced Materials, Inc. announced the appointment of Mark Zamek to its senior leadership team. Mr. Zamek joins the Company as its Vice President of Commercial Products and brings more than 20 years of direct industry experience, having held various senior roles across Sales and Marketing functions at the global borate producers. Most recently, Mr. Zamek served as a consultant for Eti Maden where he advised the U.S.-focused boron operations on commercial strategy and market expansion initiatives. Prior to that, Mr. Zamek served in numerous strategic Sales and Marketing roles for over twenty years with Rio Tinto’s U.S. Borax, most recently as Key Global Accounts Manager where he was responsible for managing the company’s global borates contract. Announcement • Sep 18
5E Advanced Materials Receives Written Notice from Nasdaq Regarding Non-Compliance with the Minimum Bid Price Requirement On September 12, 2024, 5E Advanced Materials, Inc. received written notice (the ‘Notice’) from The Nasdaq Stock Market LLC (‘Nasdaq’) notifying the Company that, for the last 30 consecutive business days, the bid price for the Company’s common stock (the ‘Common Stock’) had closed below the $1.00 per share minimum bid price requirement for continued inclusion on the Nasdaq Global Select Market pursuant to Nasdaq Listing Rule 5450(a)(1) (the ‘Minimum Bid Price Requirement’). The Notice has no immediate effect on the listing of the Common Stock, which continues to trade on the Nasdaq Global Select Market under the symbol ‘FEAM’. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has a period of 180 calendar days, or until March 11, 2025, to regain compliance with the Minimum Bid Price Requirement. To regain compliance, the closing bid price of the Company’s Common Stock must be at least $1.00 per share for a minimum of 10 consecutive business days as required under Nasdaq Listing Rule 5810(c)(3)(A) (unless the Nasdaq staff exercises its discretion to extend this ten-day period pursuant to Nasdaq Listing Rule 5810(c)(3)(H)) during the 180-day period prior to March 11, 2025. If the Company does not regain compliance by March 11, 2025, the Company may be eligible for an additional 180-calendar day compliance period by transferring the listing of its Common Stock to the Nasdaq Capital Market and satisfying certain requirements. If the Company fails to regain compliance during the compliance period (including a second compliance period provided by a transfer to the Nasdaq Capital Market, if applicable), then Nasdaq will notify the Company of its determination to delist its Common Stock, at which point the Company may appeal Nasdaq’s delisting determination to a Nasdaq hearing panel. The Company intends to actively monitor the closing bid price of its Common Stock and will consider all available options to regain compliance with the Minimum Bid Price Requirement, which may include transferring the listing to the Nasdaq Capital Market and/or seeking stockholder approval to effect a reverse stock split. There can be no assurance that the Company will regain compliance with the Minimum Bid Price Requirement during the 180-day compliance period, secure a second 180-day period to regain compliance, maintain compliance with the other Nasdaq listing requirements, or be successful in appealing any delisting determination. Announcement • Sep 17
5E Advanced Materials, Inc. announced that it has received $6 million in funding from Ascend Capital Advisors (S) Pte. Ltd., Bluescape Energy Partners, LLC, Meridian Investments, Inc. 5E Advanced Materials, Inc. entered Note Purchase Agreement to issue 4.50% senior secured convertible promissory notes at principal amount of $6.0 million for gross proceeds of $6.0 million on September 16, 2024. The transaction includes participation from returning investor, BEP Special Situations IV LLC, Ascend Global Investment Fund SPC and Meridian Investments Corporation, comprised of $3.0 million of Notes to Bluescape and $1.5 million of September 2024 Notes to each of Ascend and Meridian. The notes accrue interest rate of 4.50% per annum, payable semi-annually beginning on February 15, 2025. The notes are convertible at a conversion price of $0.9375 per share. The notes will be matured on mature on August 15, 2028. Announcement • Aug 28
5E Advanced Materials, Inc. has filed a Follow-on Equity Offering in the amount of $4 million. 5E Advanced Materials, Inc. has filed a Follow-on Equity Offering in the amount of $4 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 5,333,333
Price\Range: $0.75
Discount Per Security: $0.05
Transaction Features: Registered Direct Offering Announcement • Aug 27
5E Advanced Materials, Inc. announced that it expects to receive $3 million in funding from Ascend Capital Advisors (S) Pte. Ltd., Bluescape Energy Partners, LLC 5E Advanced Materials, Inc. announced that it has entered into a commitment letter with returning investors Ascend Global Investment Fund SPC managed by Ascend Capital Advisors (S) Pte. Ltd. and BEP Special Situations IV LLC managed by Bluescape Energy Partners, LLC to issue Company's secured convertible promissory notes for the aggregate principal amount of $3,000,000 on August 25, 2024. The funding of the Debt Financing pursuant to the Debt Commitment Letters is contingent on the satisfaction of certain conditions set forth therein, including the Company’s consummation of an equity financing and the amendment of the Company’s existing Amended and Restated Note Purchase Agreement. The Notes will be substantially identical to the Company’s outstanding secured convertible promissory notes, and the conversion price for the Notes will be 125% of the price per share of the shares sold in the Equity Financing. Unless otherwise agreed by the parties, the Debt Commitment Letters will terminate on September 17, 2024 if the Debt Financing has not been consummated before such date. Announcement • Jun 06
5E Advanced Materials, Inc. Announces Board and Executive Changes On June 3, 2024, Susan Brennan notified 5E Advanced Materials, Inc. of her resignation as President of the Company and as a director of the Board of Directors of the Company, effective as of June 3, 2024. Also on June 3, 2024, the Board appointed Paul Weibel, the Company’s Chief Financial Officer, as the Company’s principal executive officer, effective June 3, 2024. Paul Weibel, 40, is an active Certified Public Accountant and was appointed Chief Financial Officer and Treasurer of the Company in November 2021. Paul was appointed Corporate Secretary of the Company in June 2023. Paul served as Corporate Secretary of Fort Cady (California) Corporation from August 2021 to April 2022 and Treasurer since April 2022. Previously, Paul was the Financial Controller of Genlith, Inc. from January 2017 to May 2021 and Finance Director of the Schooner Investment Group LLC from July 2014 to December 2017. The Board also appointed Joshua Malm, the Company’s Interim Chief Accounting Officer, as principal financial officer and principal accounting officer, effective June 3, 2024. Joshua Malm, 42, has served as the Company’s Interim Chief Accounting Officer since September 2023. He is also a Managing Member of Malm Consulting LLC since August 2023. Previously, Mr. Malm held various roles in accounting and financial reporting at Chord Energy Corporation from 2019 to February 2023, where he oversaw certain aspects of the finance and accounting departments and oversaw the company’s public company reporting and disclosure obligations. Mr. Malm holds a BS in Business Administration and a MS in Accounting from the University of Colorado Boulder. Announcement • May 11
5E Advanced Materials, Inc., Annual General Meeting, Jun 24, 2024 5E Advanced Materials, Inc., Annual General Meeting, Jun 24, 2024. Announcement • Apr 30
5E Advanced Materials, Inc. Announces First Boric Acid Production 5E Advanced Materials, Inc. announced the Company’s operations team has successfully achieved first production of boric acid. First Production and Next Steps: With the first production batch of boric acid now achieved, the company will continue to refine operating parameters to meet and exceed customer specifications. The company anticipates beginning the customer qualification process with a variety of customer prospects. The customer qualification process will include 5E providing samples of boric acid for customers to validate their customer-established qualification criteria. Upon successful feedback from customers that the product meets their specifications, the company will then deliver larger volumes of boric acid from the SSF, to the customer production facilities for product validation. Announcement • Mar 29
5E Advanced Materials, Inc. has filed a Follow-on Equity Offering in the amount of $15 million. 5E Advanced Materials, Inc. has filed a Follow-on Equity Offering in the amount of $15 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering Announcement • Mar 18
5E Advanced Materials, Inc.(ASX:5EA) dropped from S&P/ASX All Ordinaries Index 5E Advanced Materials, Inc.(ASX:5EA) dropped from S&P/ASX All Ordinaries Index Announcement • Jan 24
5E Advanced Materials, Inc. Provides Update Confirming Boric Acid and Lithium At 5E Boron Americas Complex 5E Advanced Materials, Inc. announced that mining operations at the Company's 5E Boron Americas Complex are successfully running all four wells, and has confirmed the presence of lithium in the Pregnant Leach Solution ("PLS") and an increasing head grade of the boric acid content. The Company has been operating the mine in California since January 1st, 2024, and is producing initial results that are meeting or exceeding expectations. Some of the initial operational highlights recognized to this point include: All four of the Injection/Rec Recovery wells are fully operational, and in combination, are effectively managing the extraction of PLS. Boric acid head grade has surpassed 5.0% and is on a steady upward trajectory, which exceeds historical levels. Announcement • Jan 22
5E Advanced Materials, Inc. announced that it has received $20 million in funding from Ascend Capital Advisors (S) Pte. Ltd. and other investors On January 22, 2024, 5E Advanced Materials, Inc. closed the transaction. The company announced that it has received $10 million in second and final tranche. The company has received $20 million in the transaction. Announcement • Jan 02
5E Advanced Materials, Inc. Commences Mining Operations at 5E Boron Americas Complex 5E Advanced Materials, Inc. announced that it has officially begun mining operations at the company's 5E Boron Americas Complex with the startup of the wellfield injection process. The Company is now working under its EPA UIC permit to begin extracting valuable minerals from its wholly owned project at Fort Cady. The Company recently announced its operational plan and has now started wellfield operations with the goal of completing outstanding operational items at the facility in parallel. 5E expects to begin lab production in the short-term and production of boric acid and lithium carbonate from the small-scale facility by the end of the first calendar quarter of 2024. This initial production will be used for customer qualification as the Company seeks to obtain bankable offtake agreements and future sales to support FEL 2 engineering as the Company focuses on commercial scale. Announcement • Dec 07
5E Advanced Materials, Inc. has filed a Follow-on Equity Offering in the amount of AUD 58.595123 million. 5E Advanced Materials, Inc. has filed a Follow-on Equity Offering in the amount of AUD 58.595123 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 37,560,976
Price\Range: AUD 1.56
Discount Per Security: AUD 0.156
Transaction Features: Subsequent Direct Listing Price Target Changed • Nov 16
Price target decreased by 11% to US$5.67 Down from US$6.33, the current price target is an average from 3 analysts. New target price is 183% above last closing price of US$2.00. Stock is down 83% over the past year. The company is forecast to post a net loss per share of US$0.76 next year compared to a net loss per share of US$0.70 last year. Announcement • Nov 11
5E Advanced Materials, Inc. Appoints Peter Kravitz as Chief Restructuring Officer 5E Advanced Materials, Inc. appointed Peter Kravitz as Chief Restructuring Officer effective the date of the Agreement and to maintain a Chief Restructuring Officer until such time the Lender determines it is no longer needed. The Chief Restructuring Officer will report directly to the board of directors and whose scope of authority shall be acceptable to Bluescape in its sole discretion. At all times during the Standstill Period and thereafter until Bluescape in its sole discretion agrees that the Chief Restructuring Officer role is no longer needed, the Issuer shall maintain the appointment of the Chief Restructuring Officer as provided for in the immediately preceding sentence. If the Chief Restructuring Officer resigns for any reason, Issuer shall appoint a replacement Chief Restructuring Officer acceptable to Bluescape, in its sole discretion, within five (5) Business Days. Price Target Changed • Sep 20
Price target decreased by 37% to US$6.33 Down from US$10.00, the current price target is an average from 3 analysts. New target price is 181% above last closing price of US$2.25. Stock is down 85% over the past year. The company is forecast to post a net loss per share of US$0.94 next year compared to a net loss per share of US$0.70 last year. Board Change • Sep 20
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Non-Executive Director Stephen Hunt is the most experienced director on 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 board continuity. Lack of experienced directors. Announcement • Sep 12
5E Advanced Materials, Inc. Announces Resignation of George Fairchild as Chief Accounting Officer, Effective as of September 29, 2023 5E Advanced Materials, Inc. announced on September 6, 2023, the Company’s Chief Accounting Officer, George Fairchild, gave the Company notice of his resignation effective as of September 29, 2023. Mr. Fairchild resigned from the Company to pursue an opportunity with another company that would allow him to stay in Houston, Texas and did not resign as a result of any disagreements with the Company on any matter relating to the Company's operations, policies, or practices, including accounting principles and practices. Announcement • Jul 15
5E Advanced Materials Inc. to Report Q4, 2023 Results on Aug 30, 2023 5E Advanced Materials Inc. announced that they will report Q4, 2023 results After-Market on Aug 30, 2023 Announcement • Jun 05
5E Advanced Materials Inc. Announces Management Changes 5E Advanced Materials Inc. announced the appointment of current CEO, Ms. Susan Seilheimer BRENNAN, as a director to the Board. Date of appointment is 5 June 2023. Ms. Brennan recently joined the Company as Chief Executive Officer to lead the strategy of becoming a fully integrated and globally significant producer of boron, lithium and advanced materials, based in the United States of America. The appointment will leverage her leadership and operations experience to bolster the Board at a pivotal time as the Company approaches first production of boron and lithium from its initial facility at the 5E Boron Americas (Fort Cady) Complex, located in southern California. In addition, Chief Financial Officer Mr. Paul Weibel has been appointed Corporate Secretary with immediate effect, following the resignation of Ms. Chantel Jordan on June 2, 2023. Mr. Weibel has been with the Company since November 2021 and will also be responsible for communications with ASX in relation to ASX Listing Rule matters for the purposes of ASX Listing Rule 12.6. Announcement • Feb 07
5E Advanced Materials Inc. Announces Departure of Chance Pipitone as SVP, Corporate Development & Investor Relations 5E Advanced Materials Inc. announced effective February 3, 2023, Chance Pipitone, who served as the company’s SVP, Corporate Development & Investor Relations, has departed the company to pursue other opportunities. Announcement • Feb 01
5E Advanced Materials Inc. Announces Resignation of Patricia Mishic O'Brien from the Board of Directors Effective January 30, 2023, Patricia Mishic O'Brien resigned from the Board of Directors (the "Board") of 5E Advanced Materials Inc. ("5E" or the "Company"). Ms. Mishic O'Brien has accepted a new full-time executive position with a startup company and is leaving the Board to prioritize her efforts in her new role. Ms. Mishic O'Brien's decision to resign from the Board was not related to any disagreements with the Company on any matter relating to its operations, policies or practices or any issues regarding financial disclosures, accounting or legal matters. 
