Past year: ▲ 219%(1.80c – 12.5c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
26 May 2025capital raising announcement● Neutral
Prospectus lodged for the 2-for-9 renounceable entitlement offer at 0.6c to raise up to $1,948,539, fully underwritten by major shareholder Parle Investments. Follows the 26 May announcement of the raising; shares are described as highly speculative. Text is truncated.
26 May 2025capital raising announcement● NeutralMajor
Cauldron plans a renounceable entitlement offer of up to $1,948,539 at 0.6c per share (2 for 9), fully underwritten by major shareholder Parle Investments with no fees. The price is a 25% discount to the 7-day VWAP and is far below the 1.8c raising in late 2024. Funds go to Yanrey and working capital.
22 May 2025drilling progress report▲ Good
Review of data from the Wyloo tenements shows an extensive palaeochannel system, with Manyingee South's upstream extension covered by tenement E08/3204. Yanrey now totals 1,327km2. Drilling and seismic are being planned; no new drilling results.
9 Apr 2025asset acquisition disposition▲ GoodMajor
Cauldron settled the costs order from the sand tenement (M08/487) court case with Wyloo: $175,000 cash plus six tenements (177.3km2) next to Yanrey, one abutting Manyingee South. Resolves the long-running legal matter flagged in earlier threads.
3 Apr 2025resource reserve update▲ GoodMajor
Maiden Manyingee South resource of 15.5Mt @ 325ppm eU3O8 for 11.1Mlb (inferred). Yanrey resources rise to 42Mlb, a 35% increase on Bennet Well's 30.9Mlb. This turns the 2024 drilling discovery into a booked resource; mining still depends on lifting the WA uranium ban.
1 Apr 2025other● Neutral
ASX paused trading in Cauldron shares pending a further announcement. No reason is given in the notice; the next release is the 3 April resource estimate.
13 Mar 2025half year report▼ Bad
Half-year to 31 December 2024 shows a loss of $4,367,512 (prior year $2,124,238), reflecting the large Yanrey exploration program. Sand and Melrose nickel work was limited, with no further Melrose fieldwork planned given the nickel price. Text is truncated, so no further financials drawn.
19 Dec 2024drilling result▲ GoodMajor
The CY2024 Yanrey program is complete: 145 holes, 14,813.5m, with final Bennet Well and Target 14 results including 2.10m @ 1,742ppm eU3O8. The CEO calls Manyingee South Australia's standout uranium discovery this year; follow-up analysis and next-stage drilling planning come next.
2 Dec 2024director officer appointment● Neutral
Michael Wells joins as non-executive director, nominated by largest shareholder Parle Investments (19.9% earlier) and elected at the AGM with 99.60% support. He worked with Anthony Parle for about twenty years until 2021. Board grows to six.
26 Nov 2024admin correction● Neutral
Amendment adding drill hole relative level data to Appendix B of the 25 November Manyingee South results. The results themselves are unchanged; administrative only.
25 Nov 2024drilling result▲ GoodMajor
Final 18 Manyingee South holes finish the 77-hole, 6,480m program, with best 2.08m @ 1,755ppm eU3O8 and 4.80m @ 929ppm. Mineralisation exceeds 3km by at least 1,100m, with two high-grade zones, still open. More drilling planned next year.
5 Nov 2024drilling result▲ GoodMajor
Seventeen more Manyingee South holes widen the mineralised channel from 600m to over 1,100m, still open, with best 1.84m @ 2,918ppm eU3O8 and 4.34m @ 1,021ppm. Extends the 3km trend; Target 14 drilling is due to start within 7 days.
28 Oct 2024other● Neutral
Appendix 4G corporate governance checklist for the year to 30 June 2024, pointing to the website governance statement. Compliance paperwork only; no new substance.
25 Oct 2024annual report● Neutral
FY2024 annual report restates the Bennet Well resource (30.9Mlb) and the Manyingee South channel at least 3km long and ~600m wide. The chairman expects a WA uranium policy change and targets one more Yanrey target this year. Provided text is truncated, so no financials drawn.
21 Oct 2024capital raising announcement● NeutralMajor
The rights issue closed with only 29.53% take-up: 33.2m shares for $597,783. The remaining 79.2m shares ($1.43m) fall to underwriter Canaccord Genuity, so the full $2.02m is still expected to be raised, with shares due to be issued 24 October.
11 Oct 2024drilling result▲ GoodMajor
Thirty more Manyingee South holes extend the mineralised trend to at least 3km, about 600m wide and still open. Best: 2.92m @ 669ppm eU3O8 (including 1.80m @ 838ppm). Up from 2km a month earlier; 42 holes done.
8 Oct 2024admin correction● Neutral
Corrected letter to eligible shareholders, fixing the earlier version's mixed-up terms. Confirms 1-for-11 at 1.8c, up to $2.02m, closing 17 October. No new information.
8 Oct 2024capital raising announcement● Neutral
Rights issue opens 8 October and closes 17 October 2024, with the offer letter sent to eligible shareholders. Same terms as before: 1-for-11 at 1.8c, up to $2.02m. Administrative step in the existing raising.
8 Oct 2024admin correction● Neutral
Letter to eligible shareholders on the rights issue. Its text contains wording errors (a 1-for-6 at $0.009 description alongside the correct 1-for-11 at 1.8c), which a corrected letter later replaces. Otherwise no new substance.
8 Oct 2024capital raising announcement● Neutral
Letter telling shareholders with registered addresses outside Australia, NZ, Singapore, Hong Kong and the UK that they cannot take part in the 1-for-11 rights issue at 1.8c. Administrative notice; no new substance.
30 Sept 2024capital raising announcement● Neutral
Prospectus for the rights issue announced 27 September: 1 new share for every 11 held at 1.8c, with a free option per 4 shares, to raise about $2.02m, underwritten by Canaccord Genuity. Also offers options to the underwriter and placement participants. Formal paperwork for the known raising.
27 Sept 2024annual report● Neutral
Annual financial report for year ended 30 June 2024, now audited by BDO Audit Pty Ltd. Lists the same board (Mulholland chair, Fry executive director). Provided text is only the directors' section, so no financial figures are drawn here.
27 Sept 2024capital raising announcement● NeutralMajor
Raising about $4.024m at 1.8c a share: a $2.0m placement (111m shares) plus a fully underwritten $2.02m rights issue, with 1 free option per 4 shares (1.5c, expiring 30 Dec 2025). Replenishes cash that fell to $1.94m at 30 June; issue price is below the 2.0c August price.
27 Sept 2024auditor change● Neutral
BDO Audit Pty Ltd replaces BDO Audit (WA) Pty Ltd as auditor after BDO WA restructured its audit practice, with ASIC consent. Same firm group, so effectively administrative; shareholders confirm at the next AGM.
18 Sept 2024drilling result▲ GoodMajor
Eight more Manyingee South holes extend the mineralised north-south trend to at least 2km, open both ways, with ~600m width across the channel. Best: 3.00m @ 880ppm eU3O8 (including 2.40m @ 1,015ppm). Builds on the 11 September discovery of 1.5km.
11 Sept 2024drilling result▲ GoodMajor
First four holes at Manyingee South (Target 15, 4.5km south of Paladin's Manyingee) all hit uranium, best 4.12m @ 622ppm eU3O8. Company calls it a discovery continuous over 1.5km, open in all directions. It is the best result of the 2024 campaign so far.
27 Aug 2024drilling result▲ Good
Second batch of Bennet Well infill results (17 holes), best 1.10m @ 580ppm and 2.02m @ 478ppm eU3O8; mineralisation appears open to the north. Drilling will move to Targets 5 and 6, about 2km north, and the Manyingee South channel.
15 Aug 2024investor presentation● Neutral
AMEC presentation making the case for uranium and a lifting of the WA ban, restating the 30.9Mlb resource and first drill results. Share price 2.0c on 9 August (market cap ~A$24.5m); cash $1.94m. No new results.
8 Aug 2024drilling result▲ GoodMajor
First Yanrey results: 18 of 20 holes were infill at Bennet Well and matched expected grade and thickness. A twin of a 2015 hole returned 7.00m @ 543ppm eU3O8, validating the drilling method. Drilling now moves to north and south extensions and the Manyingee area.
10 July 2024drilling spud▲ GoodMajor
Yanrey aircore drilling began on 10 July, delayed from early June by heavy rain; the company says the 251-hole, ~25,000m program is not meaningfully affected. All approvals and the heritage survey are complete. First results are expected in two to three weeks.
