Past year: ▲ 219%(1.80c – 12.5c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
11 Oct 2023capital raising announcement● Neutral
Amended rights issue prospectus with the revised timetable and corrected option capital structure. Terms unchanged: 1-for-6 at 0.9c, up to about $1.43m, underwritten by Canaccord Genuity. A re-release with corrections.
10 Oct 2023capital raising announcement● Neutral
Prospectus lodged for the 1-for-6 renounceable rights issue at 0.9c, with a free option per 3 shares, raising up to about $1.43m. Fully underwritten by Canaccord Genuity, with Cumulus Wealth sub-underwriting $475,784. Formal document for the raising announced 6 October.
9 Oct 2023drilling result▲ GoodMajor
Aerial EM survey at Melrose (361.3 line km) found potential targets along a linear trend matching magnetic and nickel-copper geochemical anomalies. Target 1 had earlier hits of 19m @ 0.32% Ni. Drilling planned after cropping season, probably within two months. A geophysical result, not a drill result.
9 Oct 2023admin correction● Neutral
Corrects two dates in the rights issue timetable (end of rights trading and start of deferred settlement trading). All other dates unchanged. Administrative only.
6 Oct 2023capital raising announcement● NeutralMajor
Cauldron raises about $1.6m at 0.9c per share: a $198,000 placement plus an underwritten rights issue of up to $1.43m (1 new share for every 6 held), with attaching 1.5c options. Funds Yanrey and Melrose work; Melrose drilling planned later this year.
29 Sept 2023annual report● Neutral
FY23 annual financial report for year to 30 June 2023. Shows directors unchanged and the registered office now in West Perth. The extract provided does not include financial figures.
8 Sept 2023investor presentation● Neutral
September 2023 webinar presentation repeating known facts: Blackwood sold, Melrose EM results awaited, Yanrey drilling approved. Shows 0.7c share price, ~932m shares, ~258m options and cash of about $0.77m at 30 June.
7 Sept 2023investor presentation● Neutral
Notice that CEO Jonathan Fisher will present at the ShareCafe 'Hidden Gems' webinar on 8 September 2023. Administrative, no new company information.
5 Sept 2023price query● Neutral
Responding to an ASX volume query, Cauldron says it knows of no undisclosed information. It points to the awaited Melrose EM results (due within four weeks), a strong uranium market and the Blackwood sale. Confirms Listing Rule compliance.
5 Sept 2023asset acquisition disposition▲ GoodMajor
Cauldron sells its 51% Blackwood gold interest to Currawong Resources for $300,000: $200,000 this month, $100,000 later. Completes the exit pursued via PAC Partners; proceeds go to Melrose exploration and working capital.
4 Sept 2023listing compliance notice● Neutral
ASX temporarily paused trading in Cauldron's shares pending a further announcement. Administrative; the reason is given in the company's responses the next day.
17 Aug 2023drilling progress report● Neutral
The aerial EM survey at Melrose has started, covering 321 line kilometres over Targets 01 to 04 and others, taking about 10 days of flying. Initial results are expected in early September. Follows the earlier magnetic modelling; no results yet.
31 July 2023asset acquisition disposition▲ GoodMajor
Cauldron exercises its option over Melrose tenement E70/6160 after due diligence, paying $10,000 cash plus 20 million shares. This completes the option taken in May 2023 and states its terms; Melrose now totals about 1,507km2.
26 July 2023drilling result▲ Good
Magnetic modelling at Melrose Target 04 shows a body about 3km long and up to 500m wide, 184m deep, roughly 150m below historical air-core holes with elevated nickel (592ppm) and copper (750ppm). Similar to Target 01. Two pegged tenements granted. A geophysical result, not a drill result.
13 July 2023investor presentation● Neutral
Notice that a recorded CEO interview on the Melrose project and Yanrey status, including the WA uranium outlook, is available on the Stocks Down Under website. No new company information in the announcement itself.
3 July 2023drilling result▲ GoodMajor
Magnetic modelling at Melrose Target 01 shows a magnetic body about 1km long and up to 300m wide, 110-160m deep, roughly 60m below historical nickel-copper air-core hits. Cauldron wants to drill it soon and plans an aerial EM survey. A geophysical result, not a drill result.
2 June 2023other● Neutral
CEO letter to shareholders recapping the strategy refresh, the Melrose option and Yanrey, and criticising the WA uranium ban. It adds that Melrose work will likely involve auger and/or RC drilling, with timing not yet set. Largely repeats known facts.
26 May 2023investor presentation● Neutral
May corporate presentation covering the Melrose option and the approved Yanrey drilling. Shows 0.7c share price, ~932m shares, cash ~$1.2m at 31 March, and options up from 213m to 258m including 45m CEO options. Mostly repeats known facts.
25 May 2023investor presentation● Neutral
Notice that CEO Jonathan Fisher will present at the ShareCafe 'Hidden Gems' webinar on 26 May 2023. Administrative, no new company information.
24 May 2023regulatory community update▲ GoodMajor
DMIRS approved the Yanrey drilling Program of Works, the first drilling there in years, targeting Bennet Well extensions and vanadium. Cauldron now stresses rare earths, copper and nickel at Yanrey because the WA uranium ban still blocks development. Resolves the approval awaited since early 2023.
11 May 2023asset acquisition disposition▲ GoodMajor
Cauldron takes an option over the Melrose nickel-copper-PGE project (E70/6160, ~169km2, Dalwallinu WA) from Beau Resources, and has pegged a further ~1,338km2 nearby. Four drill-ready nickel targets are identified from historical drilling. First new project under its refreshed strategy; option price not stated here.
11 May 2023admin correction● Neutral
Supplementary note to the Melrose option announcement naming the vendor of tenement E70/6160 as Beau Resources Pty Ltd. No other new information, and option terms are still not given.
1 May 2023listing compliance notice● Neutral
ASX lifts the suspension from the start of trading on 2 May 2023 after Cauldron lodged its quarterly report and Appendix 5B. Resolves the suspension announced the same day.
1 May 2023listing compliance notice▼ BadMajor
ASX suspended Cauldron's shares from 1 May 2023 for not lodging its periodic report (the March quarter report) by the due date. Trading is halted until the report is lodged.
31 Mar 2023investor presentation● Neutral
Webinar slides for the 31 March ShareCafe event repeat the refreshed strategy: Yanrey uranium (30.9Mlb) as foundation, Blackwood gold for sale, sands retained. About 932m shares on issue, 0.8c share price, $2.2m recently raised. No new information.
29 Mar 2023investor presentation● Neutral
Notice that CEO Jonathan Fisher will present at the ShareCafe Small Cap 'Hidden Gems' webinar on 31 March 2023. Administrative announcement with no new company information.
22 Mar 2023investor presentation● Neutral
Presentation repeats the refreshed strategy: Yanrey uranium as the foundation (30.9Mlb resource) with a drill campaign targeted for Q2/Q3 2023, Blackwood gold to be sold and sands assessed. About 932m shares on issue; cash about $1.85m at December.
16 Mar 2023half year report▼ Bad
Half-year to 31 December 2022: loss of $1.607m, against $1.482m a year earlier. Qiu's $500k loan was settled by issuing 72.1m shares (valued $721,331) after AGM approval. Blackwood is being offered for divestment; Yanrey work remains suspended by the WA ban.
30 Jan 2023material agreement● NeutralMajor
PAC Partners is appointed exclusive adviser to run a strategic review of the Blackwood gold project and possible transactions, aiming to maximise return. Follows the earlier statement of focusing on uranium and sand; it signals a possible sale of the Victorian gold asset.
23 Dec 2022capital raising announcement● NeutralMajor
Rights issue closed with applications for 115.7m shares ($809,925), a 49.68% take-up. The shortfall of 117.2m shares ($820,319) goes to underwriter Canaccord Genuity, so the full $1.63m is still raised.
