Past year: ▲ 219%(1.80c – 12.5c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
1 Sept 2025drilling progress report● Neutral
Passive seismic survey started at Yanrey around Manyingee South: 30 lines, 95.5 line-km, about 10 days. It aims to map palaeochannel edges to guide the drilling planned from early October. No new results yet.
31 July 2025quarterly activities report▲ Good
June quarter: cash rose to $2.396m after the $1.949m entitlement offer. A 90-hole, 9,000m air-core program at Yanrey is planned for Oct/Nov 2025, costing about $800,000 with passive seismic in August, funded from existing cash.
24 June 2025admin correction● Neutral
Director interest notices for the entitlement offer. Qiu Derong took up his full entitlement, adding 35.46m shares for $212,761 to reach 195.0m; Mulholland added 2.4m shares to reach 13.2m. Routine disclosure; text truncated, so other two notices are not covered.
18 June 2025capital raising announcement▲ GoodMajor
The 0.6c entitlement offer closed with valid applications for 231.9m shares ($1.391m). A shortfall of 92.9m shares ($557,332) goes to underwriter Parle Investments, so the full $1.949m is expected to be raised. Resolves the open raising thread.
4 June 2025capital raising announcement● Neutral
Letter to eligible shareholders opening the 0.6c entitlement offer (2 for 9, up to $1,948,539). Record date 30 May, offer closes 16 June 2025, with shortfall to be taken by underwriter Parle. Procedural timetable only.
4 June 2025capital raising announcement● Neutral
Notice that shareholders outside Australia, New Zealand and Hong Kong cannot join the 0.6c entitlement offer; their rights will be sold by a nominee. If fully subscribed, shares on issue would reach about 1,786m. Administrative notice.
26 May 2025admin correction▼ Bad
Late-lodged Appendix 3Y director interest notices, caused by administrative oversight. They cover Mulholland's and Fry's take-up in the October 2024 entitlement offer and performance right expiries. The company says it has upgraded its process.
26 May 2025admin correction● Neutral
Reissue of the 22 May palaeochannel announcement after consultation with ASX, adding cross-references and JORC Table 1 for the geophysical information. No change to the substance.
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.
29 Apr 2025quarterly activities report● Neutral
March quarter report restates the 11.1Mlb Manyingee South maiden resource (Yanrey total 42.0Mlb) and the six Wyloo tenements. Cash fell to $666k from $1.357m; the $175k settlement was received after quarter end; ~318m options on issue.
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.
31 Jan 2025quarterly activities report● Neutral
December quarter report: the 2024 Yanrey drilling program finished (145 holes, 14,813.5m), with Manyingee South mineralisation over 3km. Cash rose to $1.357m from $0.588m after the $4.024m raising; ~303m options on issue would bring $5.56m if exercised.
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.
28 Nov 2024agm notice● Neutral
All 11 resolutions passed at the 28 November AGM, including re-election of Mulholland and Fry, election of Michael Wells as director, confirmation of the new auditor and the 7.1A placement mandate. Routine outcome.
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.
31 Oct 2024quarterly activities report● Neutral
September quarter report: Yanrey drilling continued, with 112 holes (12,061.5m) done and Manyingee South mineralisation over 3km. Heritage clearance is complete, Target 14 is next, and cash was $0.588m before the $4.024m raising.
31 Oct 2024quarterly activities report▼ Bad
Cash flow report for the September 2024 quarter: cash fell from $1.94m to $588k after $1.5m operating outflow, with a $150k funding advance. The company estimates only 0.40 quarters of funding, before the ~$4m raising proceeds arrive.
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 2024agm notice● Neutral
Letter confirming the AGM is at 10am AWST on 28 November 2024, with the notice online rather than posted and proxies due 26 November. Administrative notice 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.
