23 Jan 2026security holder rights change● Neutral
514,877 shares issued on exercise of performance rights, and 309,216 performance rights lapsed, under the Awards Plan. Routine administrative notice.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
22 Jan 2026quarterly activities report● Neutral
December quarter: cash fell to A$187.1M from A$203.5M, no debt. Tumas engineering over 60% done, bulk earthworks 24%, NamPower agreement signed, Nedbank's expert review complete. FID still awaits uranium market support; water agreements still being negotiated.
22 Jan 2026quarterly activities report● Neutral
Cash flow statement for the December quarter: cash ended at A$187.152M, down from A$203.519M, with operating outflow of A$15.8M and no debt. Related-party payments included a separation payment to Borshoff's company. Supports the quarterly report.
14 Jan 2026director officer appointment● Neutral
Greg Field will start as Managing Director and CEO on 2 February 2026, earlier than the 'no later than 1 May 2026' stated on 2 December 2025. Craig Barnes returns to his CFO role once Field starts.
9 Jan 2026drilling result● Neutral
Drilling 7km of the Tumas palaeochannel west of ML237 (39 holes) found only isolated, low-grade uranium; the company deems it sufficiently drilled. At Alligator River, the Q14 prospect showed an alteration system, best 8m at 458ppm eU3O8.
24 Dec 2025security holder rights change● Neutral
1,671,304 performance rights issued and 157,217 shares issued on exercise of performance rights under the Awards Plan. Routine administrative notice.
17 Dec 2025material agreement▲ GoodMajor
Power supply agreement with NamPower for Tumas signed, conditional on FID; water agreements still being negotiated. Engineering is over 60% complete and bulk earthworks 24% done. Nedbank's independent expert finished its environmental and social review, a first financing milestone. FID still deferred.
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.
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.
23 Oct 2025quarterly activities report● Neutral
September quarter: cash fell to A$203.5M from A$217.4M, no debt. Tumas engineering advancing, first production targeted Q3 CY2027, but NamPower/NamWater supply agreements are taking longer than expected. Nedbank financing continues; repeats S-Bend drilling results.
23 Oct 2025quarterly activities report● Neutral
Appendix 5B for September quarter: cash ended at A$203.519M from A$217.369M. Operating outflow A$10.556M, investing outflow A$4.011M; no debt drawn. Related-party payments totalled A$890k, including A$256k for Borshoff's services.
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.
9 Sept 2025agm notice● Neutral
AGM proposed for 20 November 2025 in Perth; notice due by 17 October and director nominations close 2 October 2025. Administrative notice.
24 July 2025quarterly activities report● Neutral
Appendix 5B for June quarter: cash ended at A$217.369M from A$227.366M. Operating outflow A$6.278M, investing outflow A$3.269M. No debt drawn; related-party payments A$685k.
24 July 2025quarterly activities report● Neutral
June quarter report: cash fell to A$217.4M from A$227.4M, no debt drawn. Repeats Tumas progress and the Mulga Rock mini-pilot results; NamPower and NamWater supply contracts expected to be settled within the current quarter. Largely restates earlier announcements.
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.