Each one in plain English, with the numbers worked through for a shareholder.
2 Apr 2020drilling result▲ Good
Tumas 3 infill drilling finished (246 holes, 5,154m); 85% of holes exceeded 100ppm. Best result 14m at 2,461ppm. Early interpretation suggests enough Indicated resource for the PFS. Updated Tumas 3 estimate expected mid-May 2020.
6 Mar 2020half year report● Neutral
Half-year report to 31 December 2019, mostly recapping known events: the resource increase, the Scoping Study and PFS start, and the A$11.3M raising completed in July 2019. The text provided shows no new facts beyond earlier announcements.
5 Mar 2020other● Neutral
223,450 performance rights held by employees vested, with an Appendix 2A lodged for the resulting shares. A small, administrative issue at nil cost, not new funding.
31 Jan 2020investor presentation● Neutral
Corporate presentation for the Cape Town investor conference. It restates the known strategy, the tripled Reptile resource, the PFS start and the M&A search. States net cash of about A$14.1M and a market cap of about A$66M at A$0.27. No new announcements.
30 Jan 2020quarterly activities report● Neutral
December quarter Appendix 5B: cash fell to A$14.1M from A$15.7M, with operating outflow A$2.05M, partly offset by A$385k from JOGMEC. No debt. Next-quarter outflows are estimated at A$1.63M, including A$190k funded by JOGMEC.
29 Jan 2020drilling progress report● Neutral
Tumas PFS has started. RC drilling began 27 January, with about 5,000m to upgrade 40-50% of Tumas 3 Inferred resource to Indicated, due March/April, plus 5,000m more. PFS now expected to finish in the December quarter 2020. Targets: over 20-year mine life, cash costs under US$30/lb.
28 Jan 2020quarterly activities report● Neutral
December quarter report recaps the Tumas 1 East resource rise (24.8Mlb at 319ppm), the 92.5Mlb Tumas palaeochannel total, the positive Scoping Study and the PFS go-ahead. Only 56% of the channel is drilled, with 55km untested. No new results.
21 Jan 2020other▲ GoodMajor
Tumas Scoping Study on the Reptile calcrete deposits was positive enough for the Board to start a Pre-Feasibility Study immediately. No production targets or financials are given, as the study relies mainly on Inferred resources. Delivers the Scoping Study due by December 2019.
10 Jan 2020drilling result● Neutral
Nova JV 2019 drilling on EPL3670 finished (153 holes, 3,009m), with little found; best was 130ppm over 1m at STD 24. Limited follow-up planned at Skink/STD 24, with Namaqua and Barking Gecko still earmarked. JOGMEC is earning 39.5% for A$4.5M.
23 Dec 2019other● Neutral
Appendix 3Y notices for directors receiving shares and options from the 18 December issue approved at the AGM. For example, Borshoff acquired 2,946,979 shares and Brunovs 92,593 options. Administrative disclosure of the earlier announced issue.
19 Dec 2019security holder rights change● Neutral
8,631,204 shares issued under the AGM-approved Loan Share Plan (deemed value A$0.459) plus 370,372 nil-price options to directors and employees. Lifts shares on issue to 246,690,959. Remuneration-related dilution, not new funding.
16 Dec 2019drilling result▲ Good
Tubas Red Sand exploration drilling finished (147 holes, 3,938m), finding calcrete mineralisation beneath the red sand; best 3m at 685ppm. Three areas set for infill drilling. 55km of channel untested; drilling restarts late January 2020.
12 Dec 2019other● Neutral
265,476 shares issued at nil cost to employees after performance rights vested. A small issue; the Appendix 3B shows 238,059,755 shares on issue after it.
28 Nov 2019security holder rights change● Neutral
Amended company constitution adopted by shareholders at the 25 November 2019 AGM, filed as a full copy. The text provided does not say what changed; it includes a proportional takeover approval clause. Administrative filing.
25 Nov 2019investor presentation● Neutral
Corporate presentation given at the 25 November AGM, under the 'Tier-One Uranium Producer' theme. Appears to restate known strategy and the nuclear demand case; no new company facts visible in the text provided.
18 Nov 2019resource reserve update▲ GoodMajor
New Tumas 1 East inferred resource of 24.8Mlb at 319ppm, up 34% from the 18.5Mlb of March 2019. Tumas palaeochannel resources now 92.5Mlb at 303ppm; Namibian calcrete-type resources 110.5Mlb. Delivers the awaited estimate; 60km of channel untested.
31 Oct 2019admin correction● Neutral
Revised September quarter Appendix 5B corrects section 5, now showing closing cash of A$15.7M (the 30 October report showed A$15.749M). Administrative correction only; no change to operations or the A$2.01M next-quarter outflow estimate.
30 Oct 2019quarterly activities report● Neutral
Appendix 5B for the September quarter: cash rose to A$15.75M after A$2.29M of raising proceeds, with operating outflow A$1.53M. No debt. Next-quarter outflows estimated at A$2.01M, including A$360k funded by JOGMEC.
30 Oct 2019quarterly activities report● Neutral
September quarter report recaps the Reptile change of scope (extra A$1.1M, Scoping Study by December, PFS from early 2020), completed Tumas drilling and Nova JV results. New Tumas 1 East inferred resource now expected mid-November. No new results.
29 Oct 2019drilling result● Neutral
Nova JV drilling on EPL3669 (60 holes, 3,472m), funded by JOGMEC, found little at Goanna, Berger's and Turtle's Neck. Namaqua extended to about 600m strike, and Barking Gecko returned 3m at 307ppm. Modest results; follow-up planned.
21 Oct 2019drilling result▲ Good
Exploration drilling at Tumas 3 East, West and Central (144 holes, 3,214m) better defined the mineralisation. Tumas Central is closed off over 2km and ready for infill drilling in H1 2020; Tumas 3 West's western edge is identified. Best hit 647ppm over 1m.
15 Oct 2019drilling progress report▲ Good
Accelerated Reptile drilling started under the 24 September plan, with a second RC rig and a diamond rig contracted. FY20 RC drilling is raised to 22,000m, with 10,800m and 600m of diamond core due by December. Upgraded resource now expected early November, later than earlier guidance.
27 Sept 2019annual report● Neutral
2019 Annual Report with audited accounts to 30 June 2019. It recaps the year: Tumas 1 East discovery (18.5Mlb at 310ppm), JOGMEC Nova earn-in, OTCQX upgrade and the A$11.29M raising. Largely repeats previously announced facts.
27 Sept 2019other● Neutral
Corporate Governance Statement and Appendix 4G for the year to 30 June 2019, adopted by the board on 23 September. Administrative compliance document; no new operational or financial information.
24 Sept 2019other▲ GoodMajor
Board approves extra A$1.1M for Reptile on top of the A$1.65M FY20 budget, shifting from exploration toward economics. Scoping Study due by December 2019, Pre-Feasibility Study to start early 2020, finishing late September quarter 2020, aiming at development readiness around 2023/24.
21 Aug 2019drilling result▲ GoodMajor
Tumas 1 East drilling (118 holes, 895m) finished. Tributary 5 now has enough data for an inferred resource estimate, and a new high-grade zone at Tributary 8 returned 6m at 1,514ppm from surface. Drilling moves west; about 60km of channel remains untested.
20 Aug 2019regulatory community update▲ GoodMajor
Namibia's mines ministry is ready to renew Reptile licences EPL 3496 and 3497 for two years to 4 August 2021. This resolves the open renewal question. Reptile holds the 86Mlb Tumas palaeochannel and 45.1Mlb alaskite resources; target remains 100-150Mlb.
1 Aug 2019investor presentation● Neutral
Corporate presentation for the Sprott Conference in Vancouver and North American investor briefings. It argues for a looming uranium supply shortage after 2023 and sector consolidation, with spot at US$25.50/lb. Repeats known strategy; no new company facts.
26 July 2019quarterly activities report▲ Good
Appendix 5B for June quarter: cash rose to A$14.98M after the A$9M placement (A$531k costs); operating outflow A$903k. A$2.2M received after quarter end lifts cash to A$17.26M. Next-quarter outflows estimated at A$1.8M, no debt.
24 July 2019quarterly activities report● Neutral
June quarter report: 11,000m of Reptile drilling approved for FY20, with 2,500m follow-up at Tributary 5 begun 22 July. Nova JV 7,000m drilling due early August. Updated resource expected early December quarter; A$11.29M raised.
