- Last 2026-11-06
- A$0.81
- 1D
- —
- 1M
- —
- YTD
- —
- 1Y
- —
- Fair value
- Locked: sign in to view
- Upside
- Locked: sign in to view
- Mkt cap
- A$361.5M
- EV
- A$299.1M
- Cash
- A$62.4M
- Debt
- A$0
1 newer ASX announcement not yet reflected in this valuation
- Quarterly Report September 2026Latest Four Activities Reports
Investment view
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Sign in or enter a guest codeAnnouncements
Latest 12 of 10All sources ▸- Quarterly Report June 2026Operations
- Notification regarding unquoted securities - BKYCorporate Action
- Maiden Lithium & Rubidium Mineral Resource EstimateResource Update
- Notification of cessation of securities - BKYCorporate Action
- Quarterly Report March 2026Operations
- Half Year AccountsResults
- Quarterly Report December 2025Operations
- Application for quotation of securities - BKYCorporate Action
- Quarterly Report September 2025Operations
- Annual Report to shareholdersResults
Event calendar · next 12 months
3 events| Timing | Event | Category | Confidence | Materiality | Investor relevance |
|---|---|---|---|---|---|
| Coming months after July 2026 company update; window is analyst interpretation | Oliva extension permit decision | Permitting | Inferred | Medium | A grant would improve exploration access; failure would constrain the option. |
| 18 November 2026 | Annual general meeting | Governance | Confirmed | Medium | Director re-election and governance decisions; monitor capital-allocation messaging. |
| Mid-2027 | ICSID denial-of-benefits jurisdiction hearing | Other | Company Guided | High | Jurisdictional ruling process is the next major arbitration gate; merits and quantum follow only if it survives. |
Executive roster
As of 2026-09-26Background checks ▸FY2026 annual report names all KMP, including executive director, COO and CFO/company secretary; non-executive directors excluded.
| Executive | Title | Normalized role | Appointed | Sources |
|---|---|---|---|---|
| Robert Behets | Executive Director | Executive Director | — | FY2026 annual report |
| Francisco Bellón | Chief Operations Officer | Operations | — | FY2026 annual report |
| Dylan Browne | CFO and Company Secretary | Finance · Company Secretary | — | FY2026 annual report |
devCoverage status: Complete As Disclosed
Portfolio detail
Assets
Core asset
Salamanca Uranium Project
Spain
Permitting denied for critical construction authorization; administrative appeal and ICSID arbitration active. No mine operating.
Project location
Approximate location
© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.
Historical 2016 post-tax real DFS economics; not a current executable construction budget or forecast.
Resources & reserves3
| Type | Category | Quantity | Grade | Contained minerals | Date |
|---|---|---|---|---|---|
| Mineral Resource | Measured | 9.3 Mt | 597 ppm U3O8 | Uranium | 2026-06-30 |
| Mineral Resource | Indicated | 41.8 Mt | 516 ppm U3O8 | Uranium | 2026-06-30 |
| Mineral Resource | Inferred | 31.5 Mt | 395 ppm U3O8 | Uranium | 2026-06-30 |
Tenements3
Milestones2
- Construction authorization re-grant
At Risk · High materiality
- Bifurcated jurisdiction hearing
Pending · High materiality
Permits & approvals1
| Permit | Jurisdiction | Status | Expiry | Critical path |
|---|---|---|---|---|
| Construction authorization NSC II | Spain MITECO | Refused | — | Yes |
Economic studies1
| Study | Stage | Status | Date | Summary |
|---|---|---|---|---|
| Salamanca definitive feasibility study | DFS | Superseded | 2016-07-14 | 2016 economics and 2018 production start are stale; used solely as a conditional reference after heavy discount and permit gating. |
Material
Conchas Lithium and Rubidium Project
Spain
Granted 31 km² Spanish investigation permit; maiden Inferred resource. No reserve, saleable product contract or economic study.
Project location
Approximate location
© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.
Resources & reserves1
| Type | Category | Quantity | Grade | Contained minerals | Date |
|---|---|---|---|---|---|
| Mineral Resource | Inferred | 11.8 Mt | 0.4137% Li2O and 0.2128% Rb2O | Lithium · Others | 2026-07-21 |
Tenements1
Milestones2
- Infill drilling for resource classification
Pending · Medium materiality
- Second-phase flotation and magnetic test work
Pending · Medium materiality
Permits & approvals1
| Permit | Jurisdiction | Status | Expiry | Critical path |
|---|---|---|---|---|
| Conchas Investigation Permit | Spain | Granted | — | No |
Material
Oliva Critical Minerals Project
Spain
Los Bélicos permit granted; extension application under environmental review. COPROMI retains a 1.5% future-production NSR.
Project location
Approximate location
© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.
Tenements2
Milestones1
- Ampliación Los Bélicos permit decision
Pending · Medium materiality
Permits & approvals1
| Permit | Jurisdiction | Status | Expiry | Critical path |
|---|---|---|---|---|
| Ampliación de Los Bélicos investigation permit | Badajoz, Spain | Pending | — | Yes |
Material
La Majada Critical Minerals Project
Spain
Investigation permit application; favourable sectoral reports and rehabilitation-plan consultation reported. COPROMI retains a 1.5% future-production NSR.
Project location
Approximate location
© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.
Tenements1
Milestones1
- La Majada permit decision
Pending · Medium materiality
Permits & approvals1
| Permit | Jurisdiction | Status | Expiry | Critical path |
|---|---|---|---|---|
| La Majada investigation permit | Ciudad Real, Spain | Pending | — | Yes |
Funding, performance and ownership
Financials & Capital
Liquidity
Financial position
Cash is substantial relative to current burn but below an updated mine financing requirement; shares traded only 2,500 on reference day.
Capital structure
Ownership and dilution
- Ordinary shares
- 446.3M
- Fully diluted
- 451.6M
445,796,715 FY2025 ordinary shares plus 496,428 cashless option exercise shares equals 446,293,143. A$0.65 options expired unexercised; 5.3m A$0.80 options remain. Fully diluted includes those options conservatively with no exercise proceeds.
Security classes2
| Class | Type | Quantity | Strike | Expiry |
|---|---|---|---|---|
| Fully paid ASX ordinary shares | Ordinary Share | 446.3M | — | — |
| Unquoted A$0.80 options expiring 30 September 2028 | Option | 5.3M | A$0.8 | 2028-09-30 |
KPI history
Operating metrics
Operating metric source table2
| Metric | Project | Period | Period type | Value | Status |
|---|---|---|---|---|---|
| Free Cash Flow | Company | FY2026 | Year | -7,779,000 AUD operating cash flow; no investing cash flow reported | Reported |
| Other | Company | FY2026 | Year | -8,698,000 AUD net loss | Reported |
Contracts and ownership
Material economic arrangements These are deals that can affect sales, costs, funding or ownership. An arrangement marked “Included in valuation” may already be built into a project estimate or the bridge to shareholder value. A separate amount is shown only when one can be estimated; do not add it again.
FY2026 annual report reconciles principal live terms and the 2023 original release provides COPROMI royalty economics; holder of older Salamanca NSR and fixed service fees remain undisclosed.
Berkeley controls exploitation rights and uranium output but ENUSA retains title to state reserves and a production fee.
Royalty · Active- Counterparties
- ENUSA
- Applies to
- Salamanca Uranium Project · Uranium
- Economic direction
- Burden
- Period
- From 2012-07-01; no end date stated
- Key terms
- Production fee: 2.5 % net sales after marketing and transport
No valuation treatment is available for this arrangement.
Secured net smelter return royalty sold for US$5m in 2016; royalty holder not identified in annual report.
Royalty · Active- Counterparties
- Undisclosed royalty holder
- Applies to
- Salamanca Uranium Project · Uranium
- Economic direction
- Burden
- Period
- From 2016-06-01; no end date stated
- Key terms
- NSR royalty: 0.38 % NSR
No valuation treatment is available for this arrangement.
Reduced and capped legal fees plus contingent success fee on award proceeds.
Other · Active- Counterparties
- Specialist legal counsel
- Applies to
- Salamanca Uranium Project · Uranium
- Economic direction
- Burden
- Period
- Dates not stated
- Key terms
- Success fee: 3 % damages award
Cap: 15 EUR million
No valuation treatment is available for this arrangement.
Permitting adviser has fixed and contingent fees; success amount applies only if construction approvals are granted.
Other · Active- Counterparties
- Undisclosed permitting adviser
- Applies to
- Salamanca Uranium Project · Uranium
- Economic direction
- Burden
- Period
- Dates not stated
- Key terms
- Success fee: 4.5 EUR million
No valuation treatment is available for this arrangement.
FY2026 management incentive program pays 6% of damages proceeds and US$10m on construction licence.
Other · Active- Counterparties
- Management incentive participants
- Applies to
- Salamanca Uranium Project · Uranium
- Economic direction
- Burden
- Period
- From 2026-06-30; no end date stated
- Key terms
- Damages proceeds participation: 6 % gross proceeds
Construction licence payment: 10 USD million
No valuation treatment is available for this arrangement.
COPROMI sold the rights for EUR10,000 upfront plus a 1.5% NSR on future production and permit-specific minimum spend before withdrawal.
Royalty · Active- Counterparties
- Consultores De Proyectos Mineros, S.L. (COPROMI)
- Applies to
- Oliva Critical Minerals Project · La Majada Critical Minerals Project · Tungsten · Others
- Economic direction
- Burden
- Period
- From 2023-04-28; no end date stated
- Key terms
- Upfront consideration: 10,000 EUR
Future production NSR: 1.5 % NSR
Los Bélicos minimum spend: 20,000 EUR
Ampliación Los Bélicos minimum spend: 60,000 EUR
La Majada minimum spend: 20,000 EUR
No valuation treatment is available for this arrangement.
Cooperation agreement supports host municipality projects but no fixed consideration is disclosed.
Strategic Partnership · Active- Counterparties
- Municipality of Retortillo
- Applies to
- Salamanca Uranium Project · Uranium
- Economic direction
- Mixed
- Period
- Dates not stated
- Key terms
- Community initiatives: —
No valuation treatment is available for this arrangement.
Intrinsic value
Valuation
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Sign in or enter a guest codePeople, delivery and responsibility
Management background checks
FY2026 issuer reporting and current leadership material provide a substantially fuller chronology and the latest Salamanca project status. Behets’ 2026 report title is Executive Director, while the current management page identifies him as Acting Managing Director; both are preserved. The material adverse issue is Bellón’s final CNMV insider-dealing sanction: the official register confirms his judicial appeal was withdrawn and the sanction final by September 2024. Separate from that personal conduct, Salamanca permits were rejected/annulled and Berkeley’s US$1.25bn ICSID claim against Spain remains unresolved, with the jurisdiction phase scheduled for mid-2027. No finding is made that executives caused the Spanish decisions.
Decision-relevant facts
Material summary
Robert Behets
Acting Managing Director
Salamanca permitting setbacks and unresolved arbitration
Berkeley’s FY2026 annual report states that Spain rejected the Nuclear Safety Council II application in 2021, Spanish courts in December 2023 nullified the urbanisation and exceptional-use authorisations after appeals by Stop Uranio and the Villavieja de Yeltes council, and several other permits were challenged. BEL’s February 2026 ICSID memorial seeks US$1.25bn; Spain’s jurisdiction objections will be heard first, scheduled for mid-2027. These are company allegations and adverse project judgments, not a final arbitration finding. No individual wrongdoing is alleged. Behets has long board tenure and current acting MD role, but specific responsibility for permit failures is not documented.
Role overlaps event; causation unproven · Long director tenure and current Acting MD role overlap governance oversight, but the filings do not establish his personal decisions caused permit outcomes.
Evidence gaps · 5
- Exact dates and independent corroboration of several pre-Berkeley employer roles are not provided in the cited biographies.
- Academic credentials and professional memberships are issuer-reported and were not independently verified with institutions or registers.
- The open-web and regulatory/court queries logged here are scoped research, not exhaustive criminal, sanctions, litigation, credential or reference checks.
- The Salamanca project’s permit status and arbitration remain unresolved at the 9 October 2026 cutoff; no arbitration award or final resolution of the permitting dispute was located.
- Company outcomes and role overlap are not proof of individual causation; the sanctioned conduct is specifically limited to Bellón and the CNMV decision.
Francisco Bellón
Chief Operations Officer
Final CNMV sanction for insider dealing
CNMV imposed a €40,000 fine for a very serious securities-law infringement: Bellón acquired 75,000 Berkeley shares on 11 December 2020 while possessing inside information about renewal of the Spanish subsidiary’s prior installation authorisation, then sold them on 14 December after public disclosure for an economic benefit. BOE published the sanction in May 2024; CNMV’s 17 September 2024 notice confirms the National Court recorded Bellón’s withdrawal of his judicial appeal on 3 July 2024 and that the sanction is final for all purposes. This was a final administrative/regulatory infringement, not a criminal conviction.
Individual involvement documented · CNMV names Bellón and describes the trade; the official finality notice confirms appeal withdrawal and sanction finality.
Salamanca remains unpermitted for construction; arbitration unresolved
FY2026 company report states Spain rejected the NSC II application, court rulings nullified two construction-related authorisations, and the Salamanca project still requires grants or re-grants of NSC II, UL and AEUL. Berkeley’s subsidiary filed a US$1.25bn ICSID claim in February 2026; a bifurcated jurisdiction phase is set for mid-2027. Company assertions that Spanish conduct violated the ECT are contested legal claims, not findings. This is a serious project outcome during Bellón’s tenure as day-to-day Spanish operations lead; no source proves his personal role in the authorities’ decisions or that the CNMV share-dealing sanction caused the permit outcomes.
Role overlaps event; causation unproven · Annual report identifies his day-to-day role in Spain, creating direct operational oversight overlap; permit rulings are external adjudications and no personal causation is established.
Evidence gaps · 5
- Exact dates and independent corroboration of several pre-Berkeley employer roles are not provided in the cited biographies.
- Academic credentials and professional memberships are issuer-reported and were not independently verified with institutions or registers.
- The open-web and regulatory/court queries logged here are scoped research, not exhaustive criminal, sanctions, litigation, credential or reference checks.
- The Salamanca project’s permit status and arbitration remain unresolved at the 9 October 2026 cutoff; no arbitration award or final resolution of the permitting dispute was located.
- Company outcomes and role overlap are not proof of individual causation; the sanctioned conduct is specifically limited to Bellón and the CNMV decision.
Dylan Browne
CFO and Company Secretary
Salamanca permitting and arbitration remain unresolved
FY2026 company report describes material regulatory and litigation uncertainty: key permits have been rejected or annulled, the project cannot proceed to construction without required licences, and Berkeley’s US$1.25bn ICSID claim remains unresolved with a jurisdiction hearing scheduled for mid-2027. Browne is CFO and company secretary and has long tenure, but neither sources reviewed nor the annual report attributes the government decisions or project legal dispute to him personally.
Role overlaps event; causation unproven · His CFO/secretary role overlaps corporate reporting and governance, but no personal involvement in permit decisions or claim conduct is documented.
Evidence gaps · 5
- Exact dates and independent corroboration of several pre-Berkeley employer roles are not provided in the cited biographies.
- Academic credentials and professional memberships are issuer-reported and were not independently verified with institutions or registers.
- The open-web and regulatory/court queries logged here are scoped research, not exhaustive criminal, sanctions, litigation, credential or reference checks.
- The Salamanca project’s permit status and arbitration remain unresolved at the 9 October 2026 cutoff; no arbitration award or final resolution of the permitting dispute was located.
- Company outcomes and role overlap are not proof of individual causation; the sanctioned conduct is specifically limited to Bellón and the CNMV decision.
Company ownership
Investors & shareholders
Top registered shareholders
Register at 2025-07-31 · 445,796,715 issued shares
| # | Investor / registered holder | % issued shares | Shares held |
|---|---|---|---|
| 1 | 58.05% | 258,763,205 | |
| 2 | 12.27% | 54,678,103 | |
| 3 | 12.02% | 53,604,860 | |
| 4 | 6.66% | 29,681,352 | |
| 5 | 2.71% | 12,100,000 | |
| 6 | 1.04% | 4,652,744 | |
| 7 | 0.69% | 3,054,879 | |
| 8 | 0.52% | 2,326,811 | |
| 9 | 0.45% | 2,000,000 | |
| 10 | 0.40% | 1,785,151 | |
| 11 | 0.29% | 1,299,904 | |
| 12 | 0.28% | 1,248,706 | |
| 13 | 0.27% | 1,193,367 | |
| 14 | 0.21% | 950,000 | |
| 15 | 0.21% | 937,706 | |
| 16 | 0.20% | 900,000 | |
| 17 | 0.16% | 700,000 | |
| 18 | 0.15% | 658,558 | |
| 19 | 0.13% | 576,000 | |
| 20 | 0.11% | 508,305 |
Disclosed substantial holders
Latest reviewed disclosure for each holder or reporting group
| Investor / reported group | Disclosed holding | Holding at |
|---|---|---|
| 9.90%Calc. on issued shares | 2025-07-31 | |
| 9.48%Calc. on issued shares | 2025-07-31 | |
| 6.41%Calc. on issued shares | 2025-07-31 |
Sources & review notesEvidence checked through 2026-10-09
Coverage and limitations
- Register and substantial-holder balances are dated 31 July 2025 and may be affected by subsequent capital activity. The 21 January 2026 change notice is image-only or otherwise unextractable in local cache; its holder, quantity, and current status remain unresolved.
Sources
- Annual Report 2025 — Twenty largest holders of listed securities
Berkeley Energia Limited / ASX · Published 2025-08-27 · Accessed 2026-10-09
Full twenty largest register and total issued share capital.
PDF p. 59, ordinary share table applicable as at 31 July 2025; 445,796,715 ordinary shares issued
- Change in substantial holding
Berkeley Energia Limited / ASX · Published 2026-01-21 · Accessed 2026-10-09
A later substantial-holder change filing was located, but its holder and quantity could not be confirmed from cached text.
Form 604; cached PDF text could not be extracted
Disclosed activity
Insider transactions
Trading activity0 buys · 0 sells shownNet cash last 12 months no tradesShow chartHide chart
| Date | Person / account | Activity / security | Quantity | Cash consideration | Price | Holding after |
|---|---|---|---|---|---|---|
| 2026-06-30 | Robert BehetsRobert Arthur Behets + Kristina Jane Behets <Behets Family A/C>
Details & evidence for Robert Behets on 2026-06-30As disclosed: Expiry of Unlisted Options
Director · Start not disclosed Robert Arthur Behets + Kristina Jane Behets <Behets Family A/C> · The director notices identify the Behets Family A/C as the account associated with his indirect interest. Change of Director's Interest Notice ↗ | ExpiryUnlisted options, exercise price $0.65 | 2,000,000 | —Not Disclosed | — | 0 |
| 2023-12-31 | Robert BehetsRobert Arthur Behets + Kristina Jane Behets <Behets Family A/C>
Details & evidence for Robert Behets on 2023-12-31As disclosed: Expiry of Unlisted Options
Director · Start not disclosed Robert Arthur Behets + Kristina Jane Behets <Behets Family A/C> · The director notices identify the Behets Family A/C as the account associated with his indirect interest. Change of Director's Interest Notice x2 ↗ | ExpiryUnlisted options, exercise price $0.40 | 1,000,000 | —Not Disclosed | — | 0 |
| 2023-12-31 | Francisco Bellón del Rosal
Details & evidence for Francisco Bellón del Rosal on 2023-12-31As disclosed: Expiry of Unlisted Options
Director · Start not disclosed Change of Director's Interest Notice x2 ↗ | ExpiryUnlisted options, exercise price $0.40 | 1,000,000 | —Not Disclosed | — | 0 |
| 2023-07-26 | Robert BehetsRobert Arthur Behets + Kristina Jane Behets <Behets Family A/C>
Details & evidence for Robert Behets on 2023-07-26As disclosed: Issue of Unlisted Options following shareholder approval
Director · Start not disclosed Robert Arthur Behets + Kristina Jane Behets <Behets Family A/C> · The director notices identify the Behets Family A/C as the account associated with his indirect interest. Change of Director's Interest Notice x 2 ↗ | GrantUnlisted options, exercise price $0.65 | 2,000,000 | —Not Disclosed | — | 2,000,000 |
| 2023-07-26 | Francisco Bellón del Rosal
Details & evidence for Francisco Bellón del Rosal on 2023-07-26As disclosed: Issue of Unlisted Options following shareholder approval
Director · Start not disclosed Change of Director's Interest Notice x 2 ↗ | GrantUnlisted options, exercise price $0.65 | 2,500,000 | —Not Disclosed | — | 2,500,000 |
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Narrative and provenance
Research & Sources
The full analyst report, its figures and the broker-style PDF are available to subscribers and invited guests.
Sign in or enter a guest codeChronological evidenceSource-document inventory16 documents
ASX BKY daily close from local price databaseMarket Data · HighPartial
Local price observation: unadjusted and adjusted close A$0.47; one ASX ordinary share; volume 2,500. Provider market data provider via miners.collect_stock_prices. This row comes from the local database, not a fresh external quote.
- Document ID
- bky-price-2026-09-25
- Published UTC
- 2026-09-25T06:00:00Z
- Projects
- —
- Commodities
- —
Date of annual general meetingGovernance · MediumPartial
Issuer ASX release schedules AGM for 18 November 2026 and director nominations by 30 September.
- Document ID
- bky-2026-agm
- Published UTC
- 2026-09-23T03:06:00Z
- Projects
- —
- Commodities
- —
FY2026 annual reportResults · HighPartial
Audited June 2026 accounts and current management, share register and contingent obligations; remote PDF text inspected through CNMV.
- Document ID
- bky-2026-annual
- Published UTC
- 2026-08-28T01:30:00Z
- Projects
- salamanca · conchas · oliva · la-majada
- Commodities
- uranium · lithium · others
FT Markets BKY one-analyst recommendation snapshotOther · LowPartial
FT provider page showed one Hold recommendation dated 27 August 2026 and one A$0.783 target. Underlying research and assumptions were inaccessible.
- Document ID
- bky-ft-one-analyst
- Published UTC
- 2026-08-26T14:00:00Z
- Projects
- —
- Commodities
- —
Quarterly Report June 2026Operations · HighExtracted
June 2026 quarterly activities, arbitration status, resource and liquidity.
- Document ID
- bky-2026-07-30
- Published UTC
- 2026-07-29T22:26:14Z
- Projects
- salamanca · conchas · oliva · la-majada
- Commodities
- uranium · lithium · others
Notification regarding unquoted securities - BKYCorporate Action · MediumExtracted
Notification regarding unquoted securities - BKY.
- Document ID
- bky-2026-07-28
- Published UTC
- 2026-07-28T05:20:51Z
- Projects
- —
- Commodities
- —
Maiden Lithium & Rubidium Mineral Resource EstimateResource Update · HighExtracted
Maiden Conchas Inferred lithium-rubidium mineral resource.
- Document ID
- bky-2026-07-21
- Published UTC
- 2026-07-20T22:34:08Z
- Projects
- conchas
- Commodities
- lithium · others
Notification of cessation of securities - BKYCorporate Action · MediumExtracted
Notification of cessation of securities - BKY.
- Document ID
- bky-2026-07-01
- Published UTC
- 2026-07-01T05:31:06Z
- Projects
- —
- Commodities
- —
Quarterly Report March 2026Operations · MediumExtracted
Quarterly Report March 2026.
- Document ID
- bky-2026-04-29
- Published UTC
- 2026-04-28T22:14:11Z
- Projects
- salamanca · conchas · oliva · la-majada
- Commodities
- uranium · lithium · others
Half Year AccountsResults · MediumExtracted
Half Year Accounts.
- Document ID
- bky-2026-03-11
- Published UTC
- 2026-03-11T00:27:35Z
- Projects
- —
- Commodities
- —
Quarterly Report December 2025Operations · MediumExtracted
Quarterly Report December 2025.
- Document ID
- bky-2026-01-29
- Published UTC
- 2026-01-28T21:15:20Z
- Projects
- salamanca · conchas · oliva · la-majada
- Commodities
- uranium · lithium · others
Application for quotation of securities - BKYCorporate Action · MediumExtracted
Application for quotation of securities - BKY.
- Document ID
- bky-2025-12-24
- Published UTC
- 2025-12-24T02:24:42Z
- Projects
- —
- Commodities
- —
Quarterly Report September 2025Operations · MediumExtracted
Quarterly Report September 2025.
- Document ID
- bky-2025-10-31
- Published UTC
- 2025-10-30T21:11:12Z
- Projects
- salamanca · conchas · oliva · la-majada
- Commodities
- uranium · lithium · others
Annual Report to shareholdersResults · HighExtracted
FY2025 audited financial and project baseline, management and economic obligations.
- Document ID
- bky-2025-08-27
- Published UTC
- 2025-08-27T05:23:42Z
- Projects
- salamanca · conchas · oliva · la-majada
- Commodities
- uranium · lithium · others
March 2023 quarterly report and Oliva/La Majada commercial termsEconomic Arrangement · MediumPartial
Original issuer quarterly release specifies COPROMI counterparty, EUR10,000 upfront, 1.5% NSR and minimum spend of EUR20,000 / EUR60,000 / EUR20,000 by permit.
- Document ID
- bky-2023-oliva-deed
- Published UTC
- 2023-04-27T22:00:00Z
- Projects
- oliva · la-majada
- Commodities
- tungsten · others
Salamanca definitive feasibility studyStudy · HighPartial
Original issuer DFS provides historical economics; all 2016 cost, price and schedule assumptions are stale and explicitly haircut.
- Document ID
- bky-2016-dfs
- Published UTC
- 2016-07-13T22:00:00Z
- Projects
- salamanca
- Commodities
- uranium
Evidence facts49
531900000 USD
2016-07-1495700000 USD
2016-07-144.4 Mlb U3O8/year
2016-07-1452 USD/lb U3O8
2016-07-1413.3 USD/lb U3O8
2016-07-1410000 EUR
2023-04-281.5 % NSR
2023-04-28100000 EUR
2023-04-2873594000 AUD
2025-06-30445796715 shares
2025-06-302.5 % net sales
2025-06-300.375 % NSR
2025-06-3089.3 Mlb U3O8
2025-06-303 % of award capped at EUR15m
2025-06-304.5 EUR million
2025-06-3071194000 AUD
2025-09-3077.5 % overall Li
2025-09-30496428 shares
2025-12-24446293143 shares
2025-12-2468408000 AUD
2025-12-3168408000 AUD
2025-12-3163996000 AUD
2026-03-317600000 options
2026-06-3011.83 Mt
2026-07-210.4137 % Li2O
2026-07-210.2128 % Rb2O
2026-07-21100 USD/t NSR
2026-07-212000000 options
2026-07-285300000 options
2026-07-2862435000 AUD
2026-06-307780000 AUD
2026-06-301250000000 USD
2026-07-30mid-2027 None
2026-07-30Hold None
2026-08-270.783 AUD/share
2026-08-2762443000 AUD
2026-06-308698000 AUD
2026-06-307779000 AUD
2026-06-30446293143 shares
2026-07-316 % proceeds
2026-06-3010000000 USD
2026-06-3097.17 % ordinary shares
2026-07-312.5 % net sales in state reserves
2026-06-300.375 % NSR
2026-06-304.5 EUR million
2026-06-303 % award capped EUR15m
2026-06-302026-11-18 None
2026-09-230.47 AUD/share
2026-09-252500 shares
2026-09-25Conflicts requiring judgment1
- cash_2026_06_30
Use audited FY2026 balance sheet A$62.443m rather than quarterly Appendix 5B A$62.435m; A$8,000 difference is immaterial but preserved.