Past year: ▼ 33%(0.20c – 0.50c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
31 Aug 2026drilling scheduled▲ Good
A drilling contractor is appointed for Wallah's Phase 1: two holes, about 300m, testing beneath the historic Walla Walla mine, starting first week of September for 10-12 days. Assays are expected early Q4 2026. This follows the 30 June acquisition and August geophysics reprocessing.
28 Aug 2026drilling result▲ Good
Second batch of assays from 13 Phase 2 holes at Lammerlaw's Bella Prospect confirms widespread gold mineralisation; LAMRC015 (26m @ 1.66g/t Au) remains the standout. Bella is open west and south, with Phase 3 drilling planned Q3 2026 and final assays due September. No resource.
11 Aug 2026investor presentation● Neutral
Reprocessing of 2009 IP lines at Wallah's historic Walla Walla mine defines drill targets along strike and at depth, within a 1,500m magnetic quiet zone. Drilling targeted for Q3 2026; no new drilling results.
29 July 2026quarterly activities report● Neutral
June quarter report recaps Lammerlaw Phase 2 completion and the Bella LAMRC015 intercept of 24m @ 1.66g/t Au, the Wallah completion, and Wagyu interpretation with an IP survey planned. No new results; cash figure not shown in the excerpt.
8 July 2026regulatory community update● Neutral
Field work has started at Wallah: mapping and infill soil sampling, drill-site permit applications lodged in June, and drilling contractors being evaluated. Phase 2 drilling is planned for late Q3 2026; no results yet.
30 June 2026asset acquisition disposition▲ GoodMajor
Acquisition of Wallah Silver Project (NSW) completed after conditions were met, including licence renewal. Paid A$100,000 plus 57,142,857 shares at A$0.0035; a further A$200,000 and 57.1m shares are payable on milestones. Seller keeps a 1% NSR, with A$3m buyback.
30 June 2026drilling result▲ GoodMajor
Lammerlaw hole LAMRC015 at Bella returned 24m @ 1.66g/t Au from 54m, which the company calls a new shear-hosted discovery. It lies 92m west of LAMRC013 (6m @ 0.65g/t); 14 more Bella holes await assays in Q3. No resource.
15 June 2026drilling progress report● Neutral
Lammerlaw Phase 2 drilling is complete: 1,053.7m (907m RC, 146.7m diamond), bringing total Lammerlaw drilling to 1,511.7m. Sulphides and quartz veining logged near LAM RC13; all samples submitted, assays due Q2-Q3 2026.
26 May 2026drilling progress report● Neutral
Lammerlaw Phase 2 drilling resumed after the pause, with 786.8m done by 24 May. Two diamond holes hit the targeted shear zone near LAM RC13 with visible sulphides and quartz veining; visual only, assays pending in Q2 2026.
28 Apr 2026quarterly activities report● Neutral
March quarter report: cash was $2.1m at 31 March. Wagyu drilling finished with high-grade gold at Target 10; Lammerlaw Phase 2 had done 554m of 1,000-1,200m before a pause; Wallah term sheet signed. Note it cites the 4m @ 11.0g/t as from 60m, whereas the 17 March release said 120m.
27 Mar 2026admin correction● Neutral
Share registry moves from MUFG Corporate Markets to Xcend from 30 March 2026. Administrative only; shareholders can register on Xcend's investor portal.
18 Mar 2026drilling spud● Neutral
Phase 2 RC drilling (1,000-1,200m) has started at Lammerlaw, NZ, following the 5-hole, 458m maiden program. It will test extensions near LamRC013 (6m @ 0.65g/t Au) and the untested Fultons-Bella trend. No resource defined.
17 Mar 2026drilling result▲ GoodMajor
Final assays from the 40-hole Wagyu program include 4m @ 11.0g/t from 120m in 25WR058 and 10m @ 1.12g/t at Target 10. Mineralisation is open eastward and below 100m. Confirms the Hemi-style interpretation; no resource yet.
11 Mar 2026half year report● Neutral
Half-year to 31 December 2025 shows a loss of $649,735 against $750,692 a year earlier. Subsequent events: Wallah silver deal at $100,000 plus 57.1m shares, and Johnson's 50m performance rights. Wellisch's 90m rights are to be accelerated, subject to approval.
2 Mar 2026director officer appointment● NeutralMajor
Geologist Kirby Johnson, 35+ years including BHP, becomes CEO, and Executive Director Joshua Wellisch resigns. NAE also agrees to buy the Wallah Silver Project in NSW, a historic silver-lead mine area, adding a new silver thread beyond Wagyu and New Zealand.
18 Feb 2026price query● Neutral
ASX queried the share price rise from 0.3c to a high of 0.45c with higher volume on 18 February. NAE said it knew of no undisclosed information and no other explanation, and confirmed it complies with the listing rules.
11 Feb 2026drilling result▲ GoodMajor
First assays from the 4,034m Wagyu program, 24 of 40 holes, include 18m @ 1.47g/t from 48m and 16m @ 0.82g/t. Company reads this as a Hemi-style intrusion-related system. Resplits of 2025 samples lifted some intercepts, including 1m @ 7.8g/t. Scale unproven; 16 holes pending.
10 Feb 2026security holder rights change● Neutral
The 1.2c options expiring 21 December 2026 now trade as a new quoted class, NAEO, with 1,606.5m options on issue. The top 20 holders hold 41.55%. Administrative listing filing.
5 Feb 2026capital raising announcement● Neutral
Prospectus offering 1,000 options at 1c to raise A$10, issued only to remove resale restrictions on options previously issued. Not a real capital raising; no new money.
29 Jan 2026drilling result● Neutral
The Wagyu follow-up RC program finished: 40 holes for 4,034m, sent to Intertek in Perth with assays due February-March 2026. Visual signs of quartz veining and sulphides at Target 10 are not grades; assays still decide.
28 Jan 2026quarterly activities report● Neutral
December 2025 quarterly recaps Wagyu drilling (24 holes, 2,388m by 22 Dec, assays pending) and Lammerlaw's 6m @ 0.65g/t. States the company is well funded after the A$3.75m raising; no cash figure in the excerpt.
13 Jan 2026drilling progress report● Neutral
RC drilling at Wagyu restarted in early January after the Christmas break, with 24 holes (2,388m) done before the pause of the ~4,000m program. Assays are due progressively through Q1 2026; no results yet.
15 Dec 2025drilling progress report● Neutral
20 holes for 1,896m are drilled in the Wagyu follow-up program, with the rig now at Target 6. Similar lithologies and alteration to the first program are seen, some at depth. Assays are due January to March 2026; no results yet.
20 Nov 2025drilling spud▲ GoodMajor
An RC rig reached Wagyu and was to start the ~4,000m follow-up program on 20 November 2025. It targets extensions at Targets 1, 6 and 10 and a new Target 11 zone. Follows the May 2025 maiden program that returned 8m @ 5.0g/t.
6 Nov 2025contract award▲ Good
NAE signed a drilling contract for up to 4,000m of RC at Wagyu, with mobilisation planned for the week of 17 November 2025. The contractor's equity participation is still subject to final terms and any approvals.
31 Oct 2025quarterly activities report● Neutral
September 2025 quarterly recaps the Wagyu petrology work, the Lammerlaw 6m @ 0.65g/t result, Eddington's appointment and the A$3.75m raise. A follow-up Wagyu RC program is planned with approvals in place. Largely repeats announced facts.
24 Oct 2025capital raising announcement● NeutralMajor
NAE raised A$3.75m via placement at 0.25c per share, a 16.7% discount, to fund up to 4,000m of Wagyu RC drilling and Lammerlaw follow-up. Tranche 2 of 897.9m shares and the 1-for-3 1.2c options need shareholder approval. Euroz Hartleys led.
What it means for a shareholder
898m new shares at about A$0.0042 to raise about A$3.8m. That's 39% dilution: every existing holder's slice gets 39% smaller. If you held A$1,000 of shares (239,440 at the issue price), your slice goes from 0.0168% to 0.0103% of the company. To keep it you'd need 150,513 more shares - about A$629 at the issue price.
Create a free account to see this worked out for your own holding.
17 Oct 2025agm notice● Neutral
Letter confirming the AGM on 20 November 2025 in Melbourne, with proxies due 18 November. The notice of meeting is electronic only. Administrative; resolutions not stated.
5 Sept 2025agm notice● Neutral
The 2025 AGM is set for 20 November 2025 at 10.00am AEDT, with director nominations closing 2 October 2025. Administrative notice.
29 Aug 2025annual report● Neutral
Annual report for the year to 30 June 2025 recaps Wagyu air core and RC results, Lammerlaw Phase 1 and the A$1.75m and A$1.96m raisings. Lists Daniel Eddington as a director. Largely repeats announced facts; excerpt shows no financial figures.
