Each one in plain English, with the numbers worked through for a shareholder.
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.
22 Apr 2025quarterly activities report● Neutral
March quarter report repeats the Tumas FID deferral and staged approach (NPV US$577M, IRR 19%, capex US$474M at US$82.50/lb). Mulga Rock mini-pilot testing is progressing. Cash A$227M. Mostly restates the 8 April announcement.
22 Apr 2025quarterly activities report● Neutral
Appendix 5B for March quarter: cash ended at A$227.366M, from A$238.432M. Operating outflow A$9.194M, investing outflow A$2.319M. No debt drawn; related-party payments A$638k.
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.
21 Jan 2025quarterly activities report● Neutral
December quarter: Tumas FID stays deferred to March 2025, and plant construction depends on a higher uranium price. Water and power offers accepted; contracts being finalised. Reserve up 18% to 79.3Mlb. Cash A$238.4M, down from A$247.3M.
21 Jan 2025quarterly activities report● Neutral
Appendix 5B for December quarter: cash ended at A$238.432M, from A$247.280M. Operating outflow A$6.883M (helped by a A$3.289M R&D grant), investing outflow A$3.761M. No debt drawn; related-party payments A$679k.
10 Jan 2025security holder rights change● Neutral
124,263 shares issued on exercise of vested employee performance rights. Routine administrative notice.
27 Dec 2024security holder rights change● Neutral
622,518 performance rights issued and 7,500 shares issued on exercise of performance rights. Routine administrative notice.
19 Dec 2024material agreement▼ BadMajor
Tumas FID is pushed back from late Q4 2024 to early March 2025, citing delayed costings and quotes and further optimisation. Full construction start now depends on a higher uranium price. Water and power offers from NamWater and NamPower are accepted; late-2026 production target is kept, subject to price.
18 Dec 2024resource reserve update▲ GoodMajor
Tumas Ore Reserve rises 18% to 79.3Mlb at 298ppm (Proved 28.4Mlb, Probable 50.9Mlb). That supports a 30-year mine life, up from the 22.5 years in the 2023 DFS, which was based on 67.3Mlb. This follows the September resource upgrade.
16 Dec 2024security holder rights change● Neutral
2,612,399 shares issued under the Loan Share Plan and 1,941,542 performance rights issued, while 3,948 performance rights lapsed. Routine administrative notice.
20 Nov 2024investor presentation● Neutral
Re-release of the 15 November AGM presentation, now including the appendices. No new information in the cover note.
20 Nov 2024security holder rights change● Neutral
30,000 performance rights issued under the Awards Plan. Routine administrative notice.
15 Nov 2024agm notice● Neutral
Chairman's AGM address reviews the year: Tumas mining licence, Ausenco and Nedbank appointments, and the A$250M raise. FID preparation is due for Board consideration late 2024, and talks with utilities on supply contracts are underway. No new figures beyond recaps.
15 Nov 2024investor presentation● Neutral
AGM corporate presentation by CEO John Borshoff. The visible text is only the cover and disclaimers; no substantive content is shown in the excerpt.
14 Nov 2024other● Neutral
2024 Sustainability Report released for the year to 30 June 2024, the company's fifth and second under the Global Reporting Initiative standards. A Namibian social projects report accompanies it. No new project or financial information in the announcement text.
31 Oct 2024security holder rights change● Neutral
19,873 shares issued on conversion of vested performance rights, and 220,000 new performance rights issued under the Awards Plan. Routine administrative notice.
22 Oct 2024quarterly activities report▲ Good
September quarter: Tumas flowsheet and layout fixed, NamWater conditional water offer received, and a new NamPower supply point agreed. Measured resource at Tumas 1, 2 and 3 is 38.5Mlb. FID still on track for late Q4 2024. Cash A$247.3M; Mulga Rock pilot testwork completed.
22 Oct 2024quarterly activities report● Neutral
Appendix 5B for September quarter: operating outflow A$5.7M, investing outflow A$4.5M, financing outflow A$71k. Cash fell from A$257.5M to A$247.3M, with no debt facilities. Related-party payments were A$956k.
30 Sept 2024director officer appointment▲ Good
Jim Morgan appointed Head of Project Delivery and Project Director for Tumas. He has over 35 years' experience and previously helped build Langer Heinrich and Kayelekera at Paladin under Borshoff. Tumas FID is still expected late Q4 2024, with start-up late 2026.
27 Sept 2024annual report● Neutral
2024 Annual Report for the year to 30 June 2024. The visible text says Tumas FID is on track for late 2024 with operations in late 2026, and that the Mulga Rock revised DFS is due late 2025. Financial statements are not shown in the excerpt.
