Each one in plain English, with the numbers worked through for a shareholder.
12 May 2025drilling result▲ Good
EUR published for the first time assays from two historical Tanbreez holes: DX-02 (2010) 0.42% TREO over 195m and D306-13 (2013) 0.45% over 328m. Grades are similar to earlier holes. EUR says they support infill drilling to expand the resource. CRML now holds 42%, EUR about 68% of CRML.
9 May 2025other● Neutral
Top 20 holders list for the new A$0.10 April 2027 options as at 8 May 2025. The largest holder has 20M options (11.21%), and the top 20 hold 80.42%. Administrative, no new substance.
9 May 2025other● Neutral
Distribution schedule for the new A$0.10 options expiring April 2027 shows 70 holders and 178,418,736 options as at 8 May 2025. Administrative listing document with no new events.
7 May 2025capital raising announcement● Neutral
The options offer closed with acceptances for 136,263,206 new options, out of up to 223,076,970 offered, so about 86.8M were a shortfall. The underwriters, who are the directors, have been notified of the shortfall. At A$0.002 each the raised amount is small.
30 Apr 2025quarterly activities report▼ Bad
Quarterly report to 31 March 2025 recaps the Tanbreez resource, deep-hole results, PEA and scoping study, and CRML's US$24.5M placement and bitcoin note. CRML closed at US$1.56 on 28 April, valuing EUR's stake at US$103.6M, down from US$226M in February.
23 Apr 2025resource reserve update▲ GoodMajor
A Tanbreez scoping study estimates before-tax NPV of about US$2.4-3.0B (8-10% discount), 162% IRR, about 3-year payback and 19-year life, using Indicated resource only. After-tax NPV is US$1.8-2.2B. It is preliminary, with no reserves and funding still required. Follows the 8 April PEA.
11 Apr 2025capital raising announcement● Neutral
EUR opened the options offer on 11 April, sending personalised forms to eligible holders. It closes 30 April 2025, extended from the earlier 14 April date. Directors will underwrite any shortfall, subject to shareholder approval at a coming general meeting.
8 Apr 2025capital raising announcement● Neutral
EUR lodged the prospectus for its replacement options offer: up to 223,076,970 options at A$0.002 (about A$446k), exercisable at A$0.10 to April 2027, underwritten by directors. It also covers 35M advisor options to CRML placement advisors. Terms match the March plan.
8 Apr 2025other● NeutralMajor
EUR announced a Preliminary Economic Assessment for Tanbreez, a rare earth mine producing a concentrate for export, citing a 45Mt at 0.40% resource. The excerpt gives no economic figures. EUR said CRML's 31 March Nasdaq statements do not meet ASX rules and should not be relied on.
28 Mar 2025admin correction● Neutral
EUR re-issued its 18 March Tanbreez deep-drilling announcement with added resource category disclosures, ASX rule statements and drill hole details. The results are unchanged. This is a compliance correction only.
24 Mar 2025security holder rights change● Neutral
EUR moved the replacement options offer record date from 19 to 31 March 2025, with the offer opening 2 April and closing 14 April. Terms are unchanged: A$0.002 per option, exercisable at A$0.10 to April 2027. Shareholder meeting is still expected in May.
21 Mar 2025half year report● Neutral
EUR lodged its half-year report to 31 December 2024. The excerpt covers Austrian exploration (3 planned holes of about 220m at Quarry Ebner) and the completed Leinster acquisition, with financials not shown. Lodging it ends the suspension.
21 Mar 2025listing compliance notice● Neutral
ASX will lift EUR's suspension from 24 March 2025 after it lodged its half-year report. This resolves the 17 March suspension.
18 Mar 2025drilling result▲ Good
EUR published historical Tanbreez holes: DX-01 (2010) averaged 0.42% rare earth oxide over 338m, and D7-14 (2007) 0.44% over 243m. They are similar in grade to the 2024 hole A1-24. The 15 remaining 2024 holes are still awaited.
17 Mar 2025listing compliance notice▼ BadMajor
ASX suspended EUR shares from 17 March 2025 for not lodging its periodic report (the half-year report) by the due date. This is the second suspension for late reporting, after the October 2024 one over the annual report.
14 Mar 2025capital raising announcement● Neutral
EUR will offer holders of expiring EUROB options one new option per old at A$0.002, exercisable at A$0.10 to April 2027. Directors will apply for 42M and underwrite the rest. 35M advisor options go to CRML placement advisors. Shareholder approval is due in May.
13 Mar 2025resource reserve update▲ GoodMajor
EUR reported Tanbreez's maiden resource: 44.9Mt at 0.38% rare earth oxide (indicated and inferred), from a 2016 estimate for former owner Rimbal. It is not updated. EUR holds 7.5% directly, and with CRML 49.5% combined.
3 Mar 2025security holder rights change● Neutral
EUR notified that 223,076,970 quoted EUROB options at A$0.18 expire 31 March 2025, with quotation ending 25 March. The last share price cited was A$0.001 on 28 February. Holders must pay by 31 March to exercise or the options lapse.
3 Mar 2025asset acquisition disposition● Neutral
EUR committed A$500k to Moab Minerals, a Tanzanian uranium explorer, for 166,666,667 shares at A$0.003 plus one free option per two shares (A$0.008, expiring Dec 2027). This is a small new investment outside EUR's core assets.
27 Feb 2025director officer appointment● Neutral
CRML appointed Michael Ryan, a former US Defense Department official, as independent director from 1 March 2025, taking its board to five. This follows its stated plan to add directors. CRML at US$2.40 valued EUR's 70.4% stake at US$226M, down from US$422M two weeks earlier.
12 Feb 2025investor presentation● Neutral
CRML's equity raise was upsized to US$24.5M. It plans Tanbreez results by late March, a maiden resource at end of June quarter, Wolfsberg Zone 2 drilling in Q3, two new directors, and mine build in 2025. EUR's 70.4% stake valued at US$421.7M at US$6.35.
7 Feb 2025capital raising announcement● NeutralMajor
CRML raised about US$22.5M at US$5.00 a share, with warrants at US$7.00, to fund Tanbreez and Wolfsberg. The price is below the US$8.50 of mid-January. EUR's 74.30% stake was valued at US$382M at US$5.75.
30 Jan 2025quarterly activities report● Neutral
December quarter: Leinster acquisition completed, Wolfsberg environmental assessment waived, and Tanbreez drilling of 16 holes finished with first results released. Hatch was appointed to design the Saudi refinery. CRML at US$8.07 valued EUR's stake at US$536M. Mostly restates known events.
22 Jan 2025material agreement● NeutralMajor
CRML signed a convertible note of up to US$500M to buy bitcoin, with US$100M in the first tranche. Notes convert at US$6.00 and warrants at US$7.00. EUR's 74.30% CRML stake was valued at US$564.5M at US$8.50.
20 Jan 2025price query● Neutral
EUR responded to ASX's price query (A$0.043 to A$0.081 since 7 Jan), saying it knew of no undisclosed information and pointing to the Tanbreez drill results released the same day. This explains the 16 Jan trading pause.
20 Jan 2025drilling result▲ GoodMajor
First assays from the Tanbreez confirmation drilling (EUR directly holds 7.5%): a 40m intersection from surface averaging 4,722.51 ppm total rare earth oxide, 26.96% heavy. Only the first of sixteen holes; CRML had already released it on Nasdaq in Nov and Dec 2024.
16 Jan 2025other● Neutral
ASX paused trading in EUR shares pending a further announcement. No reason is given in the notice.
10 Dec 2024other● Neutral
EUR lodged a cleansing prospectus offering 10,000 shares at A$0.0425 and 10M options to Evolution Capital. It exists to lift trading restrictions on the December placement shares and options. Administrative, no new business information.
6 Dec 2024capital raising announcement● NeutralMajor
EUR raised A$2M from one institutional investor at A$0.0425 a share, a 17% discount to the 5-day average price. Funds go to Leinster sampling and drilling and working capital. Lead manager Evolution gets 6% plus 10M options (A$0.08, exp 14 Nov 2025).
3 Dec 2024price query● Neutral
ASX queried EUR's share price rise from A$0.026 (26 Nov) to A$0.063 and heavy volume. EUR said it knew of no undisclosed information and had no other explanation, and confirmed compliance with disclosure rules.
