Past year: ▲ 0%(0.60c – 1.60c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
4 Aug 2026drilling result▲ GoodMajor
First assays from the 2026 Briggs infill program match the resource model: 322m @ 0.17% Cu (hole 39), 388m @ 0.15% Cu (hole 40), 400m @ 0.13% Cu (hole 41). Grades sit in the lower-grade granodiorite core. Seven holes are done; 34 more infill holes are planned for 2026.
2 July 2026drilling progress report▲ Good
Alma bought a 16-person exploration camp for Briggs, to be commissioned in August and allow a second drill rig. About 1,600m has been drilled in four holes, all showing copper as expected. Assays for the first three holes are due in 4-5 weeks.
6 May 2026capital raising announcement▲ GoodMajor
Alma raised A$4.0M through a placement of 400M shares at 1.0c, a 16.7% discount to the last price. Directors' A$318k portion (31.8M shares) needs shareholder approval at a June EGM. Funds drilling and prefeasibility work, and Alma says it covers the spending needed to reach 70% of Briggs.
What it means for a shareholder
400m new shares at A$0.010 to raise about A$4.0m. That's 39% dilution: every existing holder's slice gets 39% smaller. If you held A$1,000 of shares (100,000 at the issue price), your slice goes from 0.016% to 0.00974% of the company. To keep it you'd need 63,828 more shares - about A$638 at the issue price.
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29 Apr 2026drilling spud▲ GoodMajor
The major Briggs drilling program has started, running 12-15 months: 41 infill holes (~12,500m) to lift Inferred resource to Indicated by end 2026, 4 exploration holes (~1,250m), and more drilling in H1 2027. It supports the prefeasibility study, starting with one rig.
2 Apr 2026investor presentation● Neutral
April 2026 Asia roadshow presentation repeating known Briggs facts (2Mt copper, 51% interest, drilling to start shortly). Shows cash A$1.8M at 31 March, listed shares A$4.0M, 57M options and a A$31M market value at 1.4c. No new results.
16 Mar 2026half year report● Neutral
Half-year accounts to 31 December 2025. Directors report the 1,200m drilling, scoping study, prefeasibility decision and the A$2.1M share purchase plan, with no debt. BDO's review raised no matters. No post-period events were flagged.
17 Feb 2026investor presentation● Neutral
February 2026 conference presentation repeating known Briggs facts (over 2Mt copper, 51% interest, ~95% recovery). Shows 2.23B shares, cash A$2.6M at 31 Dec, listed shares A$5.5M and a A$33M market value at 1.5c. No new results.
27 Jan 2026drilling result▲ GoodMajor
Final 2025 Briggs assays: hole 25BRD0037 returned 620m @ 0.25% Cu from 9m, the longest intersection at Briggs, and 25BRD0038 returned 30m @ 0.90% Cu. Results match the geological model, completing the November and December results. Drilling is due to restart within two months.
24 Dec 2025capital raising announcement▲ GoodMajor
The share purchase plan closed having raised A$1.93M at 0.6c (321M shares), short of the A$2.5M maximum. Lowell added A$200k, keeping about 9.5%. The A$2.13M total funds a Briggs drilling program from March 2026. Shares on issue are now 2.23B.
What it means for a shareholder
321m new shares at about A$0.006 to raise about A$1.9m. That's 34% dilution: every existing holder's slice gets 34% smaller. If you held A$1,000 of shares (166,321 at the issue price), your slice goes from 0.0265% to 0.0176% of the company. To keep it you'd need 85,192 more shares - about A$512 at the issue price.
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10 Dec 2025drilling result▲ Good
The 2025 Briggs drilling program is finished: hole 25BRD0038 ended at 392.7m and shows strong visual copper where the model predicted. Visual estimates only. Assays for it and the rest of 25BRD0037 are expected early 2026, with more drilling planned in 2026 for the board-approved prefeasibility study.
28 Nov 2025capital raising announcement● Neutral
Offer booklet for the share purchase plan: up to 416.7M shares at 0.6c, a maximum of A$2.5M, not underwritten. Funds go to Briggs infill drilling and working capital. Full take-up would lift shares from about 1.87B to 2.28B, diluting non-participants.
What it means for a shareholder
417m new shares at A$0.006 to raise about A$2.5m. That's 40% dilution: every existing holder's slice gets 40% smaller. If you held A$1,000 of shares (166,667 at the issue price), your slice goes from 0.0266% to 0.016% of the company. To keep it you'd need 110,821 more shares - about A$665 at the issue price.
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26 Nov 2025capital raising announcement● NeutralMajor
Alma announces a share purchase plan for Australian and New Zealand holders: up to A$30,000 each at 0.6c, a 15% discount to the 20-day average price. It follows cash of about A$1M at 31 October. Closes 17 December; results due 24 December.
20 Nov 2025investor presentation● Neutral
November 2025 conference presentation repeating known facts: over 2Mt copper at Briggs, 51% interest, ~95% recovery, positive scoping study and move to prefeasibility. Shows 1.85B shares, cash ~A$1M at 31 Oct and a ~A$13M market value at 0.7c. No new results.
19 Nov 2025drilling result▲ GoodMajor
First assays from the top of deep hole 25BRD0037: 222.2m @ 0.26% Cu, 48ppm Mo and 0.72g/t Ag from 9m, including 54m @ 0.31% Cu. This supports the logging and the April 2025 resource model. Remaining assays are due within about six weeks.
13 Nov 2025resource reserve update▲ GoodMajor
Briggs scoping study completed. No production targets or returns can be published because much of the resource is still only Inferred. Alma and Canterbury have committed to a prefeasibility study, including drilling toward an aspirational 30Mtpa rate, which is not a production target.
3 Nov 2025drilling result▲ Good
Deep hole 25BRD0037 finished at 809.9m, with porphyry copper mineralisation along the whole core. Narrow sulphide veins below 550m are interpreted to explain the VTEM target. A new step-out hole, 25BRD0038, has started 80m northwest. Assays for the top 231m due within three weeks; visual estimates only.
31 Oct 2025annual report● Neutral
2025 annual report. The Managing Director's letter says the deep hole is due to finish by early November and the scoping study results are expected in the 'last quarter 2026' (as written). Alma holds 51% of Briggs, with 70% possible via ~A$7M more by 2031.
31 Oct 2025other● Neutral
Appendix 4G corporate governance checklist for the year to 30 June 2025, signed by the company secretary. Points to the governance statement on the website. Administrative only, no new substance.
1 Oct 2025drilling progress report● Neutral
The deep hole reached 414m of 900m, with porphyry copper mineralisation throughout, matching the April resource model. The VTEM target is expected around 600m depth. Completion in 4-6 weeks, assays 4-6 weeks later. The scoping study report is now expected in late October, later than the September-quarter target.
26 Sept 2025annual report● Neutral
Financial report for the year to 30 June 2025, with directors' report and board details. Executive Chairman Alasdair Cooke holds 172.2M shares and Frazer Tabeart 18.8M. Financial figures are not in the readable text.
19 Aug 2025drilling spud▲ Good
Drilling has started on the 900m deep hole 25BRD0037 next to the Briggs resource, expected to take 6-8 weeks, with assays next quarter. Early core shows visible copper sulphides in quartz veins; visual estimates only, not assays.
23 July 2025investor presentation● Neutral
July 2025 Noosa conference presentation repeating the known facts: over 2Mt copper at Briggs, 51% interest, about 95% recovery, about A$5M enterprise value, scoping study nearing completion and drilling this month. No new results.
27 June 2025capital raising announcement▲ GoodMajor
The rights issue closed raising A$669,527 (167.4M shares at 0.4c). A further A$388,039 of the shortfall is committed via a Foster Stockbroking placement, taking the total to about A$1.06M. Meets the target set in May, with drilling due mid-July.
What it means for a shareholder
167m new shares at A$0.004 to raise about A$669,527. That's 21% dilution: every existing holder's slice gets 21% smaller. If you held A$1,000 of shares (250,000 at the issue price), your slice goes from 0.0399% to 0.0315% of the company. To keep it you'd need 66,780 more shares - about A$267 at the issue price.
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18 June 2025drilling scheduled▲ Good
Alma plans a 900m deep Briggs hole from July to test a deep electromagnetic anomaly beside the resource, part-funded by the A$250,000 Queensland grant. The scoping study is on track for next quarter. Follows the April resource update and grant win.
11 June 2025price query● Neutral
ASX queried a share price jump from 0.35c to an intraday high of 0.8c on heavy volume. Alma said it knew of no unannounced information explaining the trading and confirmed it complied with disclosure rules. No explanation was given.
3 June 2025capital raising announcement● Neutral
Offer document for the rights issue: 1 new share per 6 held at 0.4c to raise up to about A$1.06M, closing 20 June 2025. Open only to holders in Australia and New Zealand. Terms match the earlier notice; the rest of the text was truncated.
26 May 2025capital raising announcement● Neutral
Re-issued rights offer notice, replacing the 23 May version: up to about A$1.06M at 0.4c, 1 new share for every 6 held, minimum A$500,000, not underwritten. Closing date is now 20 June, with results on 27 June. Funds go to the Briggs scoping study and drilling.
23 May 2025capital raising announcement▼ BadMajor
Alma seeks up to about A$1.06M via a rights offer of 1 new share for every 6 held at 0.4c (minimum A$500,000, not underwritten). Funds go to the scoping study and Briggs drilling. The price is below the 0.75-0.8c of 2024 raisings, so existing holders are diluted unless they take part.
1 May 2025investor presentation● Neutral
May 2025 company presentation repeating the Briggs resource, 51% stake, ~95% copper recovery and underway scoping study. States enterprise value of about A$5M. No new results in the readable text.
10 Apr 2025resource reserve update▲ GoodMajor
Briggs resource updated: Indicated 110Mt at 0.27% Cu plus Inferred 329Mt at 0.24% Cu, total 439Mt at 0.25% Cu (0.2% cut-off), about 1.1Mt copper. First Indicated category, versus the 2023 all-Inferred 415Mt. Feeds the scoping study; more drilling planned later this year.
