OREMAVEN
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2026-11-06
◂ Monitor BKY ASX

Berkeley Energia Limited

DFS Unfunded Developer · Uranium · Lithium · Others · Spain Rating locked: sign in to view v6.2
Last 2026-11-06
A$0.81
1D
—
1M
—
YTD
—
1Y
—
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

Narrative and provenance

Research & Sources

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Chronological 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
—
Open original source ↗
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
—
Open original source ↗
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
Open original source ↗
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
—
Open original source ↗
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
Open original source ↗
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
—
Open original source ↗
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
Open original source ↗
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
—
Open original source ↗
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
Open original source ↗
Half Year AccountsResults · MediumExtracted

Half Year Accounts.

Document ID
bky-2026-03-11
Published UTC
2026-03-11T00:27:35Z
Projects
—
Commodities
—
Open original source ↗
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
Open original source ↗
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
—
Open original source ↗
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
Open original source ↗
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
Open original source ↗
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
Open original source ↗
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
Open original source ↗
Evidence facts49
dfs-npv2016 post-tax NPV at 8% real

531900000 USD

2016-07-14
dfs-capex2016 upfront capital

95700000 USD

2016-07-14
dfs-production2016 DFS steady-state saleable output

4.4 Mlb U3O8/year

2016-07-14
dfs-price2016 DFS average sales price

52 USD/lb U3O8

2016-07-14
dfs-cost2016 DFS steady-state C1 cash cost

13.3 USD/lb U3O8

2016-07-14
copromi-upfrontUpfront tenement consideration

10000 EUR

2023-04-28
copromi-nsrCOPROMI royalty on Oliva and La Majada production

1.5 % NSR

2023-04-28
copromi-minimumMinimum spend before withdrawal, aggregate

100000 EUR

2023-04-28
fy25-cashFY2025 cash

73594000 AUD

2025-06-30
fy25-sharesFY2025 ordinary shares

445796715 shares

2025-06-30
enusa-feeENUSA production fee on State Reserves 28 and 29

2.5 % net sales

2025-06-30
sal-royaltySalamanca secured NSR royalty

0.375 % NSR

2025-06-30
sal-resourceSalamanca total mineral resource

89.3 Mlb U3O8

2025-06-30
arbitration-feeArbitration counsel success fee

3 % of award capped at EUR15m

2025-06-30
permit-feeConstruction permit advisory success fee

4.5 EUR million

2025-06-30
sep25-cashSeptember 2025 quarter-end cash

71194000 AUD

2025-09-30
conchas-recoveryConchas preliminary lithium recovery

77.5 % overall Li

2025-09-30
cashless-sharesCashless option exercise ordinary shares issued

496428 shares

2025-12-24
post-exercise-sharesOrdinary shares after quotation

446293143 shares

2025-12-24
dec25-cashDecember 2025 quarter-end cash

68408000 AUD

2025-12-31
hy26-cashDecember 2025 reviewed cash

68408000 AUD

2025-12-31
mar26-cashMarch 2026 quarter-end cash

63996000 AUD

2026-03-31
expired-optionsUnlisted A$0.65 options expired

7600000 options

2026-06-30
conchas-tonnesConchas Inferred mineral resource

11.83 Mt

2026-07-21
conchas-li-gradeConchas Inferred lithium oxide grade

0.4137 % Li2O

2026-07-21
conchas-rb-gradeConchas Inferred rubidium oxide grade

0.2128 % Rb2O

2026-07-21
conchas-cutoffConchas NSR resource cutoff

100 USD/t NSR

2026-07-21
new-optionsA$0.80 options granted to José Bogas

2000000 options

2026-07-28
all-optionsA$0.80 options outstanding

5300000 options

2026-07-28
jun26-cash-quarterlyJune 2026 quarter-end cash (unaudited)

62435000 AUD

2026-06-30
jun26-burnFY2026 operating cash outflow (quarterly statement)

7780000 AUD

2026-06-30
claimArbitration damages claimed

1250000000 USD

2026-07-30
hearingBifurcated jurisdictional hearing timing

mid-2027 None

2026-07-30
ft-holdSingle analyst recommendation

Hold None

2026-08-27
ft-targetSingle 12-month target

0.783 AUD/share

2026-08-27
audited-cashFY2026 audited cash

62443000 AUD

2026-06-30
fy26-lossFY2026 net loss

8698000 AUD

2026-06-30
fy26-cash-outflowFY2026 operating cash outflow

7779000 AUD

2026-06-30
fy26-sharesOrdinary shares at 31 July 2026

446293143 shares

2026-07-31
mip-claimManagement incentive on damages proceeds

6 % proceeds

2026-06-30
mip-permitManagement incentive on construction licence

10000000 USD

2026-06-30
top20Top 20 shareholdings

97.17 % ordinary shares

2026-07-31
enusa-fy26ENUSA production fee

2.5 % net sales in state reserves

2026-06-30
nsr-fy26Salamanca net smelter royalty

0.375 % NSR

2026-06-30
advisor-fy26Permitting advisory success fee

4.5 EUR million

2026-06-30
counsel-fy26Arbitration counsel success fee

3 % award capped EUR15m

2026-06-30
agm-date2026 AGM date

2026-11-18 None

2026-09-23
reference-closeASX ordinary-share close

0.47 AUD/share

2026-09-25
reference-volumeASX volume

2500 shares

2026-09-25
Conflicts 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.