15 Dec 2025other● Neutral
2025 Sustainability Report released, the sixth, prepared to GRI Standards, with a Namibian community development report. Reporting document with no new financial or project information.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
8 Dec 2025security holder rights change● Neutral
182,527 performance rights issued, plus 44,444 shares on exercise of options and 342,527 shares on exercise of performance rights. Routine administrative notice.
2 Dec 2025director officer appointment▲ GoodMajor
Greg Field, ex-Rio Tinto Managing Director – Project Development, appointed Managing Director and CEO from no later than 1 May 2026, on A$728,000 fixed pay. Resolves the CEO search opened when Borshoff left; the strategy is stated as unchanged.
20 Nov 2025agm notice▼ BadMajor
AGM chairman's address: thanks Borshoff (leaves 30 Nov), says CEO recruitment is in late stages, and restates Tumas FID deferral until uranium prices support it. Notes largest shareholder Paradice is acting with two others toward calling a meeting on board composition; no formal notice yet received.
20 Nov 2025investor presentation● Neutral
AGM corporate presentation by Acting CEO Craig Barnes. Visible text is only the disclaimer and cover; no new information can be confirmed from the excerpt. Treated as repeating known facts.
13 Nov 2025director officer appointment▲ Good
Zebra Kasete, a Namibian mining executive with 35+ years' experience, will become Managing Director – Namibia from 5 January 2026, supporting Tumas construction and later running Namibian operations. A senior hire ahead of the Tumas FID, which remains pending.
7 Nov 2025security holder rights change● Neutral
16,133 shares issued on exercise of performance rights under the Awards Plan. Routine administrative notice.
30 Oct 2025drilling result▲ Good
Drilling at the new Tinkas prospect, next to Tumas on EPL 3496, found shallow uranium; best 11m at 777ppm eU3O8. The company calls the exploration target small, though it could add to the Tumas resource. Follows S-Bend results.
20 Oct 2025director officer appointment● NeutralMajor
CEO John Borshoff stepped down on 20 October 2025, staying as advisor to end-November. CFO Craig Barnes becomes Acting CEO and Chairman Chris Salisbury Executive Chair while a global search for a replacement is at an advanced stage.
14 Oct 2025drilling result▲ Good
Drilling at S-Bend, next to Tumas on EPL 3497, completed 452 holes and found shallow uranium; best result 8m at 332ppm, with 2m at 1,217ppm. Higher grades sit in four clusters needing more drilling before any resource can be defined.
6 Oct 2025security holder rights change● Neutral
26,285 shares issued on exercise of performance rights under the Awards Plan. Routine administrative notice.
26 Sept 2025other● Neutral
Corporate Governance Statement and Appendix 4G for the year ended 30 June 2025, describing the board's governance framework. Routine compliance filing with no new business information.
26 Sept 2025annual report● Neutral
2025 Annual Report: the chairman says the board deferred the Tumas investment decision until uranium prices better support development, with staged work continuing, and the Mulga Rock DFS refresh will conclude in calendar 2026. Financial statements not visible in the excerpt.
9 Sept 2025security holder rights change● Neutral
1,093,149 new performance rights issued, and 197,606 shares issued on exercise of performance rights under the Awards Plan. Routine administrative notice.
21 July 2025joint venture update▲ Good
Tumas development update: engineering about 44% complete (key plant areas near 50%), procurement of packages covering 92% of direct capital well advanced, and early works largely done. FID stays deferred from April; project financing still being advanced.
10 July 2025other▲ GoodMajor
A 3-month resin mini-pilot at Mulga Rock finished, with higher recovered uranium, base metals and rare earths than the 2022 DFS, separate marketable streams, and saline water use. Revised DFS now due Q3 2026, with by-product credits expected to be material.
30 June 2025security holder rights change● Neutral
26,094 shares issued on exercise of performance rights under the Awards Plan. Routine administrative notice.
30 May 2025security holder rights change● Neutral
5,016 shares issued on exercise of performance rights under the Awards Plan. Routine administrative notice.
20 May 2025investor presentation● Neutral
Corporate presentation for the Canaccord Genuity Global Metals & Mining Conference, 20-22 May 2025, themed on the uranium supply challenge. Visible text is only the cover and disclaimers; no substantive new content shown.
6 May 2025investor presentation● Neutral
Corporate presentation for the Macquarie Australia Conference, 6-8 May 2025, on the uranium supply challenge. Visible text is only the cover and disclaimers; no substantive new content shown.
24 Apr 2025security holder rights change● Neutral
295,625 shares issued on exercise of performance rights under the Awards Plan. Routine administrative notice.
8 Apr 2025material agreement▼ BadMajor
Tumas FID is deferred again: a staged approach continues engineering and early works, but plant construction waits for a better uranium price. Updated economics at US$82.50/lb: NPV US$577M, IRR 19%, capex US$474M, up from US$360M. Cash A$227M, expected A$170-180M by December 2025.
7 Apr 2025security holder rights change● Neutral
15,000 shares issued on exercise of performance rights under the Awards Plan. Routine administrative notice.
13 Mar 2025half year report● Neutral
Half-year report to 31 December 2024: detailed engineering with Ausenco under way and Nedbank debt financing progressing. FID delayed to March 2025 and will also weigh the uranium price. Mulga Rock revised DFS now expected mid-2026, later than the late-2025 date previously noted. Financial figures not visible in the excerpt.
7 Mar 2025security holder rights change● Neutral
298,634 shares issued on exercise of performance rights under the Awards Plan. Routine administrative notice.
25 Feb 2025investor presentation● Neutral
Corporate presentation for the BMO conference, 23-26 February 2025, themed on developing Tumas in a resurging uranium market. Visible text is only the cover and disclaimers; no substantive new content shown.
20 Feb 2025regulatory community update▼ BadMajor
Jurgen Hoffman and Tumas Granite CC filed a High Court of Namibia review seeking to set aside Tumas mining licence ML237 and its environmental certificate. It is their fifth such application since 2011; the company calls it without merit and will defend.
7 Feb 2025security holder rights change● Neutral
196,510 shares issued on performance right exercise, 100,000 new performance rights issued and 18,908 lapsed. Routine administrative notice.
24 Jan 2025security holder rights change● Neutral
70,848 shares issued on exercise of vested employee performance rights. Routine administrative notice.
10 Jan 2025security holder rights change● Neutral
124,263 shares issued on exercise of vested employee performance rights. Routine administrative notice.