Each one in plain English, with the numbers worked through for a shareholder.
30 Sept 2016annual report● Neutral
Annual report for the year to 30 June 2016 restates known Webb results: 24 microdiamonds, two hot spots, 42 untested targets, with drilling expected later in the year. Fully paid shares are 203.27 million. Financial figures are not visible in the text provided.
30 Sept 2016admin correction● Neutral
Corporate governance checklist (Appendix 4G) lodged with the annual report, stating the governance statement is current at 29 September 2016. Administrative filing with no new substance.
20 Sept 2016auditor change● Neutral
Greenwich & Co Audit replaced Somes Cooke as auditor after Somes Cooke resigned following their merger. Shareholders will vote on the appointment at the 2016 AGM. This is administrative.
27 July 2016quarterly activities report● Neutral
June quarter report: the Chalice farm-in at Warrego North was signed, with $800,000 to earn 70%. Webb results are unchanged at 24 microdiamonds and 42 untested targets, with drilling expected later in 2016. Further sample testing and 27 old drill spoil samples are being processed.
15 June 2016farm in farm out agreement▲ GoodMajor
Meteoric farmed out Warrego North to Chalice's subsidiary, which can earn 70% by spending $800,000 within five years: 51% for $400,000 in three years, then 19% more. Chalice must drill at least one deep hole at Parakeet in year one. This resolves the open Bulletin earn-in status.
15 June 2016farm in farm out agreement▲ Good
Chalice's own announcement of the Warrego North farm-in: it can earn 70% by spending $800,000, with 2 holes (800m) planned at Parakeet within 4-6 weeks, subject to approvals. This duplicates Meteoric's own release of the same day.
5 May 2016price query● Neutral
ASX queried a rise in the share price from $0.011 to an intraday $0.018 with higher volume. Meteoric said it knew of no unannounced information and is in compliance. It said it is still seeking joint venture partners for projects not yet in a JV.
29 Apr 2016quarterly activities report● Neutral
March quarter report repeats the Webb result of 5 more microdiamonds (24 total), with 42 untested targets to be drilled later in 2016. Three bulk samples were negative for diamonds. At Barkly, no field work was done; subtle Bluebird survey responses will be drilled later. Fully paid shares are 203.27 million.
27 Apr 2016drilling result▲ GoodMajor
Latest Webb loam results add 5 microdiamonds, making 24, with about 80% in the north and two 'hot spots'. 42 untested kimberlite targets are in the cluster, with drilling expected later in 2016. Meteoric's interest is now 19% and diluting.
22 Mar 2016other▲ Good
The $250,000 exclusivity fee paid to People Post has been returned to Meteoric after the deal collapsed. The company says it continues to review its exploration tenements and new minerals and industrial opportunities.
17 Mar 2016material agreement termination● NeutralMajor
Meteoric and People Post agreed not to proceed with the acquisition announced on 1 February 2016. This ends the short-lived move into delivery services; no reason is given beyond the due diligence heading.
15 Feb 2016investor presentation● Neutral
Meteoric released a presentation promoting the proposed People Post acquisition, a delivery app compared to Uber and Airbnb. It repeats the 1 February announcement with no new transaction terms visible.
1 Feb 2016business combination● NeutralMajor
Meteoric signed a binding heads of agreement to acquire People Post, a courier and delivery app platform. This is a move outside mineral exploration. Price and terms are not visible in the text provided.
28 Jan 2016quarterly activities report● Neutral
December quarter report: Otsana appointed, a placement to sophisticated investors made, and forfeited shares cancelled. Fully paid shares are now 192.27 million. Webb interest shown as 22.9%; more loam samples are being processed. A Bluebird downhole survey found only subtle responses, and phase III drilling is planned for 2016.
27 Jan 2016other● Neutral
Registered office and principal place of business moved to 10 Outram Street, West Perth, effective 27 January 2016. Administrative notice only.
25 Nov 2015security holder rights change▼ BadMajor
The auction sold none of the forfeited partly paid shares and raised nothing, so they will be cancelled. This ends the $0.20 call without the roughly $5.5 million it sought. The announcement quotes 27,490,014 and 27,904,014 shares inconsistently.
24 Nov 2015security holder rights change● Neutral
Update before the auction: no funds have been received, so 27,490,014 forfeited shares remain for sale. Directors set a reserve price of $0.05 per share.
24 Nov 2015material agreement● NeutralMajor
Meteoric hired Otsana Capital as corporate adviser for 12 months from 18 November 2015. Otsana gets 15 million shares now, 11 million more on a successful transaction, plus a 1% fee on money raised and 5% on capital it introduces.
6 Nov 2015security holder rights change▼ BadMajor
Following non-payment of the $0.20 call due 14 October, the company will auction up to 27,490,014 forfeited partly paid shares on 25 November 2015. This shows the call raised little or nothing from holders; the shares were previously due to raise up to $5.5 million.
30 Oct 2015quarterly activities report● Neutral
September quarter report repeats the Webb result of 19 microdiamonds and plans to drill 26 priority targets in the first half of 2016. Barkly is held at 30% subject to farmout. Fully paid shares 129.27 million.
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.
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.
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.
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.
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.
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.
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.
31 July 2015quarterly activities report▼ Bad
June quarter report: Meteoric elected not to fund Webb infill loam sampling (57 samples), so its interest is diluting to 25%. Bluebird phase III is planned but a downhole survey is delayed. Fully paid shares are now 129.25 million.
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.
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.
