Past year: ▼ 66%(6.70c – 19.5c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
13 Sept 2018half year report● Neutral
Half-year report to 30 June 2018 restates operations: Jungle Hill RC drilling contract awarded, Halls Creek native title agreements signed with grants awaited, and Maryvale's compulsory 50% tenement reduction completed. Financial statements not in the text provided.
5 June 2018security holder rights change● Neutral
Company set up a sale facility for 1,003 holders of parcels under A$500 (under 14,285 shares), out of about 1,135 holders. Aims to cut register administration costs. Holders can keep shares by returning a form by 24 July 2018.
28 Mar 2018admin correction● Neutral
Appendix 4G corporate governance checklist for the year to 31 December 2017, lodged with the annual report on 28 March 2018. Administrative only, with no new operational or financial information.
28 Mar 2018annual report● Neutral
2017 annual report: the chairman restates the strategy of applying directly for tenements at low cost, the Kalgoorlie office and the four Halls Creek applications. Maryvale's licence was renewed to 2020. Financial statements are not in the text provided.
8 Feb 2018drilling result● Neutral
Soil sampling at Jungle Hill and Eight Mile (506 soil, 32 rock samples) found low-level gold, 5-16ppb at Jungle Hill and 4-10ppb at Eight Mile, plus elevated arsenic to 1640ppm in Jungle Hill rocks. More surface sampling is planned; no drilling yet.
11 Sept 2017drilling result▲ Good
Surface sampling at Bustler Bore (iron, 100%, 70km north of Newman) found 58-60% Fe channel iron mineralisation, from 249 handheld readings and 19 rock samples. This delivers the awaited assays; it is surface work only, with no drilling or resource yet.
5 Sept 2017drilling result● Neutral
Phase 2 soil sampling at Jungle Hill, Canegrass and Holey Dam (657 soil, 42 rock samples) found elevated gold in soil at all three and a gossanous quartz vein at Jungle Hill. Targets will be reviewed for aircore drilling in the first half of 2018, later than the earlier Q3 2017 plan.
4 Sept 2017half year report● Neutral
Half-year report to 30 June 2017; the text provided is the operations review, repeating known points (Maryvale resource, Darnell Hill grant, sampling completed, Halls Creek applications). Financial statements are not in the text provided.
17 May 2017regulatory community update● Neutral
Announces grant of the Darnell Hill iron tenement E08/2770-I to Kaili Iron for 5 years, targeting channel iron deposits. It is a late repeat of the grant already reported in the March quarter (9 March). Year-one work is mapping and XRF sampling.
30 Mar 2017admin correction● Neutral
Appendix 4G corporate governance checklist lodged with the annual report, dated 30 March 2017. Administrative only, with no new information about operations or finances.
30 Mar 2017annual report● Neutral
Annual report for 2016. The chairman confirms the 97Mt inferred Maryvale coal resource and says further exploration will come before any feasibility study. Seven WA tenements were granted in the year. Financial statements are not in the text provided.
28 Mar 2017other● Neutral
Notice that 11,688,889 shares leave escrow on 31 March 2017. This is the final release from the 2015 restrictions. An Appendix 3B form is attached but blank, other than showing 98,266,915 quoted shares.
6 Feb 2017other● Neutral
Principal place of business moved to Suite 1612, 87-89 Liverpool Street, Sydney. Administrative only.
6 Feb 2017resource reserve update▲ GoodMajor
Kaili booked a maiden JORC 2012 Inferred in-situ gasification coal resource of 97 million tonnes at Maryvale (EPC1506, 100%), based on 2010 and 2016 drilling. This delivers the resource due in Q1 2017; exploration targets of 80-125Mt are conceptual only.
20 Dec 2016drilling result▲ Good
Soil and rock sampling at Canegrass, Gindalbie Dam and Holey Dam (531 soil, 31 rock samples) found gold-in-soil anomalies of 5-16 ppb at Canegrass. Further soil sampling is planned for Q2 2017, with drilling of top targets planned for Q3 2017.
9 Nov 2016director officer appointment● Neutral
Yutian Bai, a large shareholder and supporter since the 2014/2015 recapitalisation, joins as non-executive director. William Kuan resigns, citing other commitments.
12 Oct 2016drilling result● Neutral
Final coal quality results for Maryvale are in, from four holes (WK16C to WK19) with 27 samples; WK15 hit only basalt. Bulwer Seam found in all other holes and Condamine Seam in WK17. Seam correlation work is under way; no resource figure yet.
13 Sept 2016half year report● Neutral
Half-year report to 30 June 2016 (text provided is the operations review). It repeats known points: Queensland drilling done, Canegrass and Jungle Hill granted, WA coal tenements relinquished. Financial figures are not in the text provided.
9 Aug 2016regulatory community update▲ GoodMajor
Bea Bea Creek iron tenement E45/4619-I (105.6 km2, Pilbara) granted for 5 years on 28 July 2016, the first of the three iron applications lodged in 2015 to be granted. Targets channel iron deposit style mineralisation; year-one work is mapping and XRF sampling.
5 Aug 2016regulatory community update▲ GoodMajor
All five WA gold tenements (Yilgarn, 422.4 km2 total) are now granted for 5 years, completing the gold applications lodged in 2015. This resolves the pending gold grants; a preliminary field trip was done and first-year work is data compilation and mapping.
5 Aug 2016drilling result● Neutral
First handheld-XRF soil sampling on the new WA gold tenements: 13 traverses, 361 sites at Jungle Hill, Canegrass and Gindalbie Dam. Elevated gold readings noted at Canegrass and five follow-up targets identified. Rain stopped work at 8 Mile and Holey Dam. Partial assays only.
28 June 2016director officer appointment● Neutral
Principal place of business moved to Darlinghurst, Sydney. Long Zhao replaces Ran Pang as company secretary with immediate effect. Administrative change.
28 June 2016drilling result● Neutral
Re-release of the 24 June Maryvale drilling announcement (dated 28 June), with the same content: 6 holes, 1,228m, Bulwer Seam hit in all but WK15. Preliminary results; coal quality analysis still to come.
24 June 2016drilling result● NeutralMajor
Maryvale drilling finished: 6 holes (5 chip, 1 part-cored) totalling 1,228m. All but one hit the targeted Bulwer Seam; WK15 in EPC1539 ended in basalt. Results are preliminary, with coal quality analysis still to come.
9 June 2016drilling spud▲ GoodMajor
Drilling began on 9 June 2016 at the Maryvale coal project in Queensland, starting in EPC1539 and then moving to 5 sites in EPC1506. This starts the drilling program that was planned for the June quarter.
17 Mar 2016other● Neutral
Appendix 4G corporate governance checklist lodged with the annual report, dated 17 March 2016, pointing to where governance disclosures are found. Administrative only, with no new business information.
17 Mar 2016annual report● Neutral
2015 annual report: A$1.6m raised from 8m shares at A$0.20 and shares requoted on 31 March 2015. WA coal/diamond licences are being dropped, eight new gold and iron applications are pending, and non-resources investments are being considered. Overheads kept low.
29 Jan 2016asset acquisition disposition▼ BadMajor
December 2015 quarter: Kaili will relinquish WA tenements E04/1433 and E04/1436 in Q1 2016, saying coal is too deep (over 200m) and diamond prospectivity is poor. This reverses earlier plans for field work there. Funds shift to the pending gold and iron applications; Queensland drilling planned for Q2 2016.
30 Nov 2015security holder rights change● Neutral
Escrow release notice: 3,500,001 shares will be released from restriction on 29 December 2015. This continues the staged release of previously restricted shares.
30 Nov 2015other● Neutral
AGM address: chairman says the company is keeping costs low amid a tough sector, has applied for new iron and gold tenements, and is also considering non-resources opportunities that could bring early cash flow. No new figures given.
