4 Sept 2026other● Neutral
Appendix 4G and corporate governance statement lodged with the annual report, confirming the statement is current at 4 September 2026. Compliance paperwork with no new business information.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
4 Sept 2026annual report● Neutral
FY2026: royalty income $593k (FY25 $607k), operating cash flow $199k (FY25 $386k), loss $201k. Cash is $13.2m, including the roughly $12.27m Endura payment held separately pending the Snowy River court case. The report's FY25 loss comparative is $661k, not the $272k reported last year.
4 Aug 2026admin correction● Neutral
Re-release of the same-day Argonaut appointment announcement for the Bowdens royalty, with the opening reference paragraph about Snowy River removed. No change to terms or substance.
4 Aug 2026asset acquisition disposition● NeutralMajor
Argonaut appointed adviser to test market interest in selling the Bowdens royalty (2% NSR, reducing to 1% after US$5m). The Board has made no decision to sell and any deal may need shareholder approval.
30 July 2026quarterly activities report▼ Bad
June quarter: Weeks paid $116,897; Woodside became Bass Strait operator 1 July 2026. Sam's Creek mining permit was declined, so absent a successful appeal no royalty rights remain. The A$12.27m Snowy River payment stays in escrow pending court action.
5 June 2026material agreement● NeutralMajor
Fitzroy started New Zealand High Court proceedings over the Snowy River royalty, as directors could not conclude the buyout option was validly exercised. It believes the royalty is likely worth materially more than the A$12m received. Escalates the March dispute.
30 Apr 2026quarterly activities report● Neutral
March quarter: Weeks paid $114,712; Buru's Rafael FID slipped to June 2027, with a $5.3m placement completed. The A$12.27m Snowy River payment is held separately. Bowdens feasibility study targeted mid-2026.
30 Mar 2026asset acquisition disposition● NeutralMajor
Fitzroy received A$12,265,134 from Tasman (Endura subsidiary) said to exercise its option to buy the Snowy River royalty. Fitzroy is holding it in escrow while checking whether a 'decision to mine' already occurred, which would void the option.
12 Mar 2026half year report● Neutral
Half-year to 31 December 2025 loss was $127,007 (prior loss $209,518). Royalty income fell 15% to $274,363, all from Weeks; cash rose to $830,812. No dividends or fair value changes.
27 Jan 2026quarterly activities report● Neutral
December quarter: Weeks paid $148,042; Buru still paid nothing, with Rafael FID now targeted 3Q 2026 and an advisor seeking A$40m funding. Snowy River's A$150m funding secured; buyout value about A$12.2m.
29 Oct 2025quarterly activities report● Neutral
September quarter: Weeks paid $171,609; Buru paid nothing, but got a 2-year extension to apply for a Rafael production licence. Snowy River developer (now Endura Mining) completed a A$150m raise; buyout value about A$12.0m.
30 Sept 2025agm notice● Neutral
AGM set for 27 November 2025; director nominations close 9 October 2025. Administrative notice only.
4 Sept 2025annual report▼ Bad
FY2025: royalty income $607k (FY24 $725k), loss $272k, cash $750k after the $2,038,765 capital return, net assets $2.8m, no debt. Weeks cost-deduction disputes could reduce future receipts; Woodside takes over Bass Strait operatorship, which may lift production.
4 Sept 2025other● Neutral
Appendix 4G and corporate governance statement lodged alongside the annual report. Compliance paperwork with no new business information.
28 July 2025quarterly activities report● Neutral
June quarter: Weeks paid $132,086; Buru paid nothing, with its Rafael timeline since amended. Capital return payments totalled $2,038,765. Snowy River feasibility study completed; Sam's Creek resource rose to 953koz with a mining permit application lodged.
29 May 2025regulatory community update▲ Good
ATO Class Ruling CR2025/37 confirms the 2 cent return of capital paid 13 May 2025 is not a dividend for tax purposes. Resolves the tax-ruling question; individual tax outcomes depend on circumstances.
30 Apr 2025capital raising announcement▲ GoodMajor
Shareholders approved a return of capital of 2 cents per share, funded from existing cash. It was payable on 13 May 2025 to holders on the 6 May record date, and the company has applied to the ATO for a ruling on its tax treatment.
29 Apr 2025quarterly activities report● Neutral
March quarter: Weeks paid $141,370; Buru paid nothing but signed a Strategic Development Agreement for Rafael, with FID targeted late 2025. Snowy River buyout value is about A$11.8m. A 2 cent per share capital return was put to shareholders on 29 April.
31 Mar 2025director officer appointment● Neutral
Director Cameron Manifold resigned effective 31 March 2025. Company Secretary Brendon Morton, in the role since March 2022, becomes a non-executive director.
13 Mar 2025half year report▼ Bad
Half-year to 31 December 2024 loss was $209,518 (prior profit $153,810). Royalty income fell 27% to $324,080 with Buru still suspended. Cash rose to $2.60m, and a $408,047 fair value loss was booked on investments.
28 Jan 2025quarterly activities report● Neutral
December quarter: Weeks paid $174,080; Buru paid nothing, with Rafael FID planned late 2025 and production from second half 2027. Silver Mines raised A$25m and released a Bowdens optimisation study showing a 16-year mine life. Snowy River feasibility study targeted April 2025.
11 Nov 2024director officer appointment● NeutralMajor
From 2 December 2024 Susan Thomas becomes Chair (a substantial shareholder, not independent) and Mitch Dawney, Managing Director of Dawney & Co, joins as non-executive director. Resolves the succession after McComas's retirement.
4 Nov 2024director officer appointment● NeutralMajor
Chair Malcolm McComas will retire as director and chairman from 2 December 2024 after 12 years. The board will consider an additional director and a new chair.
24 Oct 2024quarterly activities report● Neutral
September quarter: Weeks paid $216,788; Buru paid nothing while suspended, with Ungani restart and Rafael commercialisation planned for 2025. Bowdens consent can no longer be relied on, though an amended application may reinstate it. Snowy River decision to mine targeted in 2024.
8 Oct 2024security holder rights change● Neutral
Share sale facilities completed: 367,616 shares (0.34%) from 273 holders sold at an average $0.125, cutting shareholder numbers about 36.8% to 469. This resolves the small-holding sale thread, at a price below the $0.135 reference.
9 Sept 2024agm notice● Neutral
AGM set for 30 October 2024; director nominations close 11 September 2024. Administrative notice only.
4 Sept 2024other● Neutral
Appendix 4G and corporate governance statement lodged with the FY24 annual report, as ASX rules require. Administrative filing only; no new business information.
4 Sept 2024annual report▼ BadMajor
FY24 royalty income fell 30% to $725k, with a $72k loss and $216k total comprehensive loss. Cash $2.38m, no debt. Weeks producers have raised cost-deduction disputes that may cut future royalties, and the Bowdens approval was successfully challenged in court in August 2024.
2 Sept 2024security holder rights change● Neutral
Sale facilities closed: 321,196 shares from 264 holders in the unmarketable parcel sale and 46,420 shares from 9 holders in the voluntary facility will be sold. Sale price is not yet known. Resolves the July 2024 announcement.
25 July 2024quarterly activities report● Neutral
June quarter: Weeks paid $110,585 and Buru paid nothing. Buru signed a farm-in with Sabre for 70% of Ungani. Snowy River purchase completed with a A$75m Federation funding package. Silver Mines announced A$30.2m Bowdens convertible funding. Byron delisted 15 July 2024.