New Risk • Aug 12
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$2.6m free cash flow). Earnings have declined by 57% per year over the past 5 years. Revenue is less than US$1m (AU$19k revenue, or US$13k). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (AU$20.7m market cap, or US$14.6m). Tillkännagivande • Sep 26
Agrimin Limited, Annual General Meeting, Nov 25, 2025 Agrimin Limited, Annual General Meeting, Nov 25, 2025. New Risk • Sep 20
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 Earnings have declined by 60% per year over the past 5 years. Revenue is less than US$1m (AU$5.4k revenue, or US$3.6k). 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$33.9m market cap, or US$22.3m). Tillkännagivande • May 29
Agrimin Limited has completed a Follow-on Equity Offering in the amount of AUD 2.5 million. Agrimin Limited has completed a Follow-on Equity Offering in the amount of AUD 2.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 38,500,000
Price\Range: AUD 0.06
Discount Per Security: AUD 0.0036
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,166,667
Price\Range: AUD 0.06
Discount Per Security: AUD 0.0036
Transaction Features: Subsequent Direct Listing New Risk • May 16
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 15% 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$6.0m free cash flow). Earnings have declined by 60% per year over the past 5 years. Revenue is less than US$1m (AU$5.4k revenue, or US$3.5k). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Market cap is less than US$100m (AU$26.1m market cap, or US$16.7m). New Risk • Feb 07
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$5.8m free cash flow). Earnings have declined by 0.9% per year over the past 5 years. Revenue is less than US$1m (AU$26k revenue, or US$16k). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (AU$42.9m market cap, or US$26.9m). Tillkännagivande • Oct 14
Agrimin Limited Announces Board Changes Agrimin Limited announced the appointment of Lee Bowers as a non-executive director. Mr. Bowers' professional background is deeply entrenched in global resources finance and equity markets. He is the current Managing Director of Fivemark, a Perth-based independent adviser to Australian and global resource companies, which he co-founded in 2013. Roles held previous to that include Division Director and Head of Australian Mining Equity Research at Macquarie Group, Head of Resources Equity Sales at Macquarie Group, and Director of Mining Equity Research at Royal Bank of Canada. Mr. Bowers holds a Bachelor of Laws and Bachelor of Commerce from the University of Western Australia. Mr. Bowers' appointment is effective 14 October 2024 and he will stand for election at the upcoming Annual General Meeting. Mr. Alec Pismiris will remain as non-executive chair until the upcoming Meeting, following which he intends to step down from the Board. Mr. Bowers will assume the role of non-executive chair following the Meeting. Tillkännagivande • Oct 08
Agrimin Limited Announces Change of Company Secretary Agrimin Limited announced the appointment of Rhys Bradley as Company Secretary o Agrimin and its subsidiaries, effective 8 October 2024. Rhys is an experienced Company Secretary and Chartered Accountant and the current Chief Financial Officer of Agrimin and Non-Executive Director and Company Secretary of WA1 Resources Ltd. Concurrently, Agrimin announces the resignation of Peter Prendiville as Company Secretary of Agrimin and its subsidiaries, effective 8 October 2024. 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$5.8m 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$5.8m free cash flow). Earnings have declined by 0.9% per year over the past 5 years. Revenue is less than US$1m (AU$114k revenue, or US$79k). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (AU$54.0m market cap, or US$37.4m). Tillkännagivande • Sep 24
Agrimin Limited, Annual General Meeting, Nov 25, 2024 Agrimin Limited, Annual General Meeting, Nov 25, 2024. New Risk • Sep 08
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 Risk Revenue is less than US$1m (AU$91k revenue, or US$61k). 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 (17% increase in shares outstanding). Market cap is less than US$100m (AU$64.1m market cap, or US$42.8m). New Risk • Jun 06
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 Risk Revenue is less than US$1m (AU$91k revenue, or US$60k). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (AU$79.1m market cap, or US$52.6m). Tillkännagivande • Apr 17
Agrimin Limited has completed a Follow-on Equity Offering in the amount of AUD 4 million. Agrimin 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: 19,566,570
Price\Range: AUD 0.15
Security Features: Attached Options
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 7,100,096
Price\Range: AUD 0.15
Security Features: Attached Options Tillkännagivande • Feb 15
Agrimin Limited has filed a Follow-on Equity Offering in the amount of AUD 13.935862 million. Agrimin Limited has filed a Follow-on Equity Offering in the amount of AUD 13.935862 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 92,905,745
Price\Range: AUD 0.15
Security Features: Attached Options New Risk • Oct 25
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.5% 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$6.5m free cash flow). Revenue is less than US$1m (AU$112k revenue, or US$71k). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (6.5% increase in shares outstanding). Market cap is less than US$100m (AU$58.2m market cap, or US$37.0m). New Risk • Oct 23
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 15% 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$6.5m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Revenue is less than US$1m (AU$112k revenue, or US$70k). Minor Risk Market cap is less than US$100m (AU$57.7m market cap, or US$36.4m). Board Change • Oct 18
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Chairperson Richard Seville was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Oct 16
Agrimin Limited Announces Change of Company Secretary Agrimin Limited announced the appointment of Peter Prendiville as Company Secretary of Agrimin and its subsidiaries. Peter is a corporate lawyer and current General Counsel of Agrimin, with significant experience in capital markets and ASX compliance matters. Concurrently, Agrimin announces the resignation of Alec Pismiris as Company Secretary of Agrimin and its subsidiaries. Alec will remain on the Board of Directors of Agrimin as a Non-Executive Director. There are no material changes to the terms of Mr. Pismiris' contract as a Director. Tillkännagivande • Sep 15
Agrimin Limited, Annual General Meeting, Oct 26, 2023 Agrimin Limited, Annual General Meeting, Oct 26, 2023. Agenda: To consider the re-election of Directors. New Risk • Aug 31
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 High level of non-cash earnings (24% accrual ratio). Revenue is less than US$1m (AU$50k revenue, or US$32k). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (AU$57.7m market cap, or US$37.4m). Price Target Changed • Jan 28
Price target increased by 15% to AU$0.89 Up from AU$0.78, the current price target is provided by 1 analyst. New target price is 197% above last closing price of AU$0.30. Stock is down 13% over the past year. The company posted a net loss per share of AU$0.0048 last year. Board Change • Nov 16
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. 2 experienced directors. 2 highly experienced directors. 1 independent director (3 non-independent directors). Independent Non-Executive Chairperson Richard Seville was the last independent 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: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Oct 04
Agrimin Limited, Annual General Meeting, Nov 21, 2022 Agrimin Limited, Annual General Meeting, Nov 21, 2022. Agenda: To consider the re-election of Directors. Price Target Changed • Apr 27
Price target decreased to AU$0.78 Down from AU$1.06, the current price target is an average from 2 analysts. New target price is 44% above last closing price of AU$0.54. Stock is up 26% over the past year. The company is forecast to post a net loss per share of AU$0.01 next year compared to a net loss per share of AU$0.02 last year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Chairperson Richard Seville was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Apr 02
Agrimin Limited, Annual General Meeting, May 02, 2022 Agrimin Limited, Annual General Meeting, May 02, 2022, at 14:00 W. Australia Standard Time. Location: 2 Loch Street, Nedlands, Western Australia Nedlands Australia Agenda: AGM. Tillkännagivande • Jun 15
Agrimin Limited Announces Wind Resource to Deliver Low Carbon Sop Agrimin Limited announced the potential to increase the Mackay Potash Project's high renewables penetration rate following the results of ongoing green studies. Based on 12 months of data collection at the proposed process plant location, the wind resource has been verified to support the Company's low carbon Sulphate of Potash ("SOP") production. The Definitive Feasibility Study ("DFS") was designed for the Mackay Potash Project having an average power load of 16 megawatts with this power generated via a hybrid gas, solar, wind and battery solution with a modelled renewables penetration of 58%1. This power load is designed to support the process plant, non- process infrastructure, offices and accommodation camp, as well as harvesting and pumping operations within the solar evaporation ponds. For the past year, the Company has collected Sonic Detection and Ranging ("SODAR") data to provide information about daily and seasonal wind patterns at the proposed process plant site. The SODAR device uses sound waves to measure wind speed and direction in the atmosphere at 10m intervals up to 200m above ground level. Measurements were taken every ten minutes, providing a comprehensive data set over the 12-month observation period. The SODAR data has been correlated to ERA5 and MERRA2 processed satellite data sets, providing accurate wind strength and variability estimates which are suitable for final power system selection. The data show that Lake Mackay has an average wind speed of approximately 27km per hour at the planned wind turbine hub height of 130m, with low seasonal variability. This average wind speed exceeds the assumption used in the DFS which was based on regional wind data. Importantly, the SODAR data demonstrates that wind energy is typically stronger at night and in the morning, which will complement solar energy and greatly improve renewable energy utilisation. Based on the confirmed wind and solar resources at Lake Mackay, the Company plans to optimise the mix of renewable energy generation with a review of energy storage options and process plant power demand during the current Front End Engineering Design ("FEED") phase. These aspects are being considered as part of ongoing green studies and have highlighted the potential to also decrease operating costs over the 40 year life of the Mackay Potash Project. Price Target Changed • May 20
Price target increased to AU$1.57 Up from AU$1.38, the current price target is provided by 1 analyst. New target price is 208% above last closing price of AU$0.51. Stock is up 29% over the past year. Is New 90 Day High Low • Feb 17
New 90-day high: AU$0.60 The company is up 9.0% from its price of AU$0.55 on 19 November 2020. The Australian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 21% over the same period. Tillkännagivande • Dec 13
Agrimin Limited announced that it expects to receive AUD 5 million in funding from AustralianSuper Pty. Ltd. and other investors Agrimin Limited (ASX:AMN) announced a private placement of 11,111,112 common shares at a price of AUD 0.45 per share for the gross proceeds of AUD 5 million on December 11, 2020. The transaction will include participation from existing investor AustralianSuper Pty. Ltd. and also include participation from both existing investors and new investors. Post completion, AustralianSuper Pty. Ltd. will retain 15% stakes in the company. The transaction is expected to close on December 17, 2020. Is New 90 Day High Low • Dec 11
New 90-day low: AU$0.46 The company is down 20% from its price of AU$0.57 on 11 September 2020. The Australian market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 14% over the same period. Tillkännagivande • Nov 18
Agrimin Limited Signs Negotiation Protocol for Haul Road Agrimin Limited announced that it has signed a Negotiation Protocol with Parna Ngururrpa (Aboriginal Corporation) RNTBC (PNAC), the native title representative body for the Ngururrpa native title holders. The Negotiation Protocol has been signed with a view to enter an agreement for the construction and operation of Agrimin's haul road, whilst preserving the traditional way of life of the Ngururrpa native title holders. The Negotiation Protocol contains a timeline for reaching an agreement to allow the granting of a Miscellaneous Licence within the Ngururrpa determination area in-line with Agrimin's overall project development schedule. The establishment of a new transport corridor is integral to the successful implementation of the Company's integrated mine-to-ship logistics chain between Lake Mackay and Wyndham Port. The mine-to-ship logistics chain will give Agrimin control of its bulk haulage and minimise materials handling, which in turn can allow very cost effective transportation of large tonnages of SOP to world markets. Highlights: Negotiation Protocol signed with the Ngururrpa native title holders in relation to an agreement for the proposed haul road for the Mackay Potash Project; Negotiation Protocol is a key milestone toward obtaining the requisite licences for the haul road and confirms support for the creation of significant new road infrastructure in the region. Is New 90 Day High Low • Nov 05
New 90-day low: AU$0.54 The company is down 10.0% from its price of AU$0.60 on 07 August 2020. The Australian market is up 1.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Metals and Mining industry, which is also down 10.0% over the same period. Tillkännagivande • Oct 13
Agrimin Limited Announces the Sop Product Produced by the Mackay Potash Project Certified as an Allowable Input into Certified Organic Production Systems Agrimin Limited announced the SOP product produced by the Mackay Potash Project has been certified as an allowable input into certified organic production systems. The company's SOP product has been certified by Southern Cross Certified Australia Pty Ltd. The purpose of certification under the SXC Allowed Input Scheme is to allow Agrimin to provide third party assurance to its customers that its SOP product is suitable for use in organic systems which are certified to both the National Standard for Organic and Bio-Dynamic Produce, and the Australian Standard AS 6000 for Organic and Biodynamic Products. SXC undertook an audit of the company's product samples and proposed production process. This involved a detailed review of all production processes, and the origin, nature, use and quantities of all inputs. The certification will be renewed annually and requires a combination of on-site and desktop audits, and laboratory testing as and when required. Agrimin's commitment to the sustainable development of its Mackay Potash Project is enhanced through the production of SOP products that can be used in organic agriculture and that support sustainable food production. This will also allow the Company to further contribute toward the United Nations Sustainable Development Goals by sustaining healthy soils, ecosystems and people. Tillkännagivande • Sep 30
Agrimin Limited Auditor Raises 'Going Concern' Doubt Agrimin Limited filed its Annual on Sep 27, 2020 for the period ending Jun 30, 2020. In this report its auditor, Ernst & Young LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.