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Meteoric Resources

ASX:MEI
No current share price held for this company.
No price history held for this listing yet.
Market cap
—
Shares on issue
—
Story beats
197 since 2006
Last event
1 Oct 2026

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

28 Oct 2015drilling result▲ GoodMajor

Further loam sampling at Webb found 8 more microdiamonds, taking the total to 19, with 12 clustered in the north. 27 untested kimberlite targets lie in that cluster; drilling is anticipated in the first half of 2016. Follows the earlier microdiamond-free drilling.

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6 Oct 2015admin correction● Neutral

Revised version of the 30 September governance checklist, dated 6 October 2015, again pointing to the company website for the governance statement. Administrative re-lodgement with no new substance.

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30 Sept 2015other● Neutral

Corporate governance statement for the year to 30 June 2015, reporting compliance with each ASX recommendation. It records several 'No' answers, including the diversity policy. Administrative disclosure with no operational news.

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30 Sept 2015annual report● Neutral

Annual report for the year to 30 June 2015 restates Webb (51 kimberlites, 11 microdiamonds, Meteoric diluting to 25%) and the farm-out of Barkly and sale of Wilthorpe. Lists 9 million new options at $0.012 expiring 2020. Financial figures not visible in text.

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30 Sept 2015other● Neutral

Standard corporate governance checklist lodged with the annual report for the year to 30 June 2015, pointing to the company website. Administrative filing with no operational or financial news.

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23 Sept 2015capital raising announcement● Neutral

Shareholder notice and call form for the $0.20 call on partly paid shares, seeking up to $5.5 million by 14 October 2015. Fully paid shares last traded at $0.008. Directors do not intend to pay the call on their own holdings. Unpaid shares may be forfeited.

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16 Sept 2015capital raising announcement▲ GoodMajor

Meteoric will make a first and final call of $0.20 per partly paid share (MEICA), to raise about $5.5 million before costs. Payment is due 14 October 2015. Shares are then to convert to fully paid.

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12 May 2015admin correction● Neutral

Administrative notice that the 14 million placement shares announced 29 April have now been issued. No new information; the company states it has no undisclosed excluded information.

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4 May 2015joint venture update● Neutral

Meteoric re-lodges Blaze's 4 May announcement that Blaze reached 70% of the Barkly joint venture. Duplicate of the previous item; no new information.

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4 May 2015farm in farm out completion● NeutralMajor

Blaze says it earned a further 20% of the Barkly joint venture by spending $350,000, lifting it to 70%. It will now sole-fund spending until a bankable feasibility study to earn a final 10%, reaching 80%. Meteoric's share falls accordingly.

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29 Apr 2015capital raising announcement● NeutralMajor

Meteoric placed 14 million shares at $0.008 to raise $112,000, with a further 30 million shares at $0.008 ($240,000) subject to shareholder approval. Funds go to existing projects, new opportunities and working capital. CPS Capital manages the raising.

What it means for a shareholder

14.0m new shares at $0.008 to raise about $112,000. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.

Create a free account to see this worked out for your own holding.

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23 Apr 2015drilling result▲ GoodMajor

A third cluster of kimberlites with indicator minerals from the diamond stability field is confirmed in the north, in an E-W belt over 10km long. It overlaps the most coherent surface microdiamond anomaly, making it a priority for further sampling and drilling.

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26 Mar 2015admin correction● Neutral

Replacement of the 26 March Webb update, with a corrected Appendix 1 on the 2014 drilling. Main text appears essentially unchanged (one lab location differs: Melbourne rather than Perth). No new results.

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26 Mar 2015drilling result● NeutralMajor

Webb drilling now totals 51 kimberlites from 63 targets, under 20% of the field's targets. No microdiamonds were found in drill samples, but some indicator minerals point to deep, diamond-zone sources in two clusters. Copper sulphides noted at KJ171.

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13 Mar 2015half year report● Neutral

Half-year loss to 31 December 2014 was $351,195 (prior year $383,699). The 2014 Webb programme drilled 48 holes (6,056m); 40 were kimberlite, giving 50 confirmed. GeoCrystal earned 70% of Meteoric's Webb interest, leaving Meteoric 30%. Cash is not visible in the text provided.

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9 Dec 2014drilling result▲ GoodMajor

Blaze's final Bluebird phase II results: BBDD0004 hit 16m at 3.02% copper from 139m, including 4m at 6.49%. Phase II is complete. Broken ground forced two holes to be abandoned, so the high-grade gold zone is not fully tested. Blaze says this enhances resource potential.

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3 Nov 2014farm in farm out agreement▲ GoodMajor

Bulletin Resources announces a terms sheet to earn 70% of Meteoric's Warrego North project by spending $750,000 within two years, with Meteoric free-carried. Bulletin has no minimum spend and can walk away. This is the counterparty's version of the deal.

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3 Nov 2014farm in farm out agreement▲ GoodMajor

Meteoric confirms the Warrego North farm-in with Bulletin Resources: Bulletin can earn 70% by spending $750,000 within two years, initially drilling the Parakeet copper-gold target. Drilling is expected within a month. Follows earlier talk of seeking a partner for Parakeet.

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28 Oct 2014drilling result▲ GoodMajor

Blaze's Bluebird phase II RC results include BBRC0012: 31m at 2.48% copper from 116m, and BBRC0010: 11m at 0.98 g/t gold. A new footwall zone was identified, and five holes await diamond completion. Mineralisation remains open. Meteoric holds the underlying Barkly project.

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28 Oct 2014drilling result▲ Good

Meteoric re-lodges Blaze's 28 October Bluebird release (BBRC0012: 31m at 2.48% copper), adding that directors are very encouraged. Duplicates the previous item; no new results.

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8 Oct 2014drilling progress report● Neutral

Meteoric relays Blaze's update: Bluebird phase II RC drilling is finished (8 holes, 1,354m) with 336 samples at the lab. Diamond drilling is progressing slowly after a three-week engine failure, with completion due late October. Blaze can still earn up to 80%.

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6 Oct 2014drilling result▲ GoodMajor

Seven more microdiamonds found in 73 Webb loam samples, bringing the total to 11. Six form a cluster in the north, and the drill rig has moved there. 41 targets drilled so far (over 5,000m). The company says the significance is open to interpretation.

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22 Sept 2014director officer appointment● NeutralMajor

Chair Michael Robson and director Peter Thomas (a founding director since the 2004 listing) resigned. Neville Bassett becomes Non-Executive Chairman. The board shrinks from five to three directors. Text gives no reason for Thomas's departure; Robson cites focus on his legal practice.

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15 Sept 2014asset acquisition disposition▲ GoodMajor

Meteoric agreed a conditional sale of its 90% Wilthorpe interest to Resourceful Mining Group for $405,000. Payment is due only after tenement E52/2067 converts to a mining licence. Follows earlier talk of seeking a buyer for the project.

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10 Sept 2014drilling spud▲ GoodMajor

Blaze has started follow-up drilling at Bluebird: up to 12 holes for 2,100m, half RC and half diamond. The aim is an initial JORC 2012 resource estimate. Continues the Bluebird thread after BBDD-2's high-grade gold.

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8 Sept 2014joint venture update▲ Good

Blaze has identified at least nine high-priority Barkly targets with matching magnetic and gravity anomalies. Meteoric confirms Blaze has now earned 50% (over $250,000 spent) and can still earn up to 80%. Targets need more work before drilling.

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19 Aug 2014annual report● Neutral

Annual report for year to 30 June 2014 restates the Webb discovery (10 kimberlites, 280 targets), Barkly farm-out to Blaze and the Warrego North target. Share capital unchanged at 113.25m fully paid. No new developments in the text provided; financial figures not visible.

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1 Aug 2014drilling scheduled▲ Good

Heritage clearance of about 160 more Webb targets (plus 30 earlier) clears the way for 5,000-6,000m of RC drilling this month, testing up to 67 targets. Loam sample results due end of August may alter the plan.

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24 July 2014drilling result▲ GoodMajor

Blaze's Bluebird diamond hole BBDD-2 hit 20m at 8.17 g/t gold, 0.61% copper from 157m, including 1m at 62.3 g/t gold. It sits about 85m below the earlier BBRC-5 copper hit, with mineralisation open. Blaze can still earn up to 80% of Barkly.

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23 July 2014admin correction● Neutral

Re-lodgement of the 16 July Webb release with the JORC Table 1 disclosures ASX required added. No new results. The cover letter says it is not the announcement behind the trading halt granted the day before.

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