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2026-11-06
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Cauldron Energy Limited

Scoping Study Developer · Uranium · Australia Rating locked: sign in to view v6.2
Last 2026-11-06
A$0.056
1D
—
1M
—
YTD
—
1Y
—
Upside
Locked: sign in to view
Mkt cap
A$114.1M
EV
A$110.4M
Cash
A$3.7M
Debt
A$0
2 newer ASX announcements not yet reflected in this valuation

Funding, performance and ownership

Financials & Capital

As of 2026-06-30
Cash A$3.7M Finite
Debt A$0 Net cash A$3.7M
Basic shares 2B 2026-02-25
Runway 6.47 quarters A$3.680m cash divided by A$0.569m June-quarter operating outflow; excludes future development capex.

Liquidity

Financial position

Current exploration funded at recent quarterly rate, but any mine build would require external capital and policy change.

Capital structure

Ownership and dilution

Ordinary shares
2B
Fully diluted
2.2B

2,036,977,030 ordinary shares at 31 December 2025 after listed-option exercises; add 30m unlisted options, 66m prior performance rights and 74m February 2026 rights for conservative 2,206,977,030 fully diluted shares. Later cessations or conversions require registry confirmation.

Security classes5
ClassTypeQuantityStrikeExpiry
Fully paid ordinary sharesOrdinary Share2B——
Unlisted options at A$0.025Option15MA$0.0252026-11-30
Unlisted options at A$0.05; September cessation notice not independently reviewedOption15MA$0.052027-02-15
Existing performance rights, all vested by February 2026Performance Right66M—2028-12-01
February 2026 performance rights with vesting conditionsPerformance Right74M——

Capital history

Capital events

1 events · newest first
DateEventAmountSharesPriceStatusTerms
2025-12-30Ann. 2026-01-06RaisingA$3.7M247.6M—Completed—

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.

Partial · as of 2026-09-26

Annual report and acquired-tenement releases reviewed; full later contractual documents and any new terms after July 2026 were not in the local packet.

Wyloo retains a 1.5% gross-metal royalty on production from the five 2026 acquired tenements and a last right of refusal on their disposal.

Royalty · Active
Counterparties
Wyloo Metals Pty Ltd
Applies to
Yanrey Uranium Project · Uranium
Economic direction
Burden
Period
From 2026-05-18; no end date stated
Key terms
gross metal royalty: 1.5 % of gross revenues from five acquired tenements
last right of refusal: —
How it affects our valuation

No valuation treatment is available for this arrangement.

Non-binding MOU contemplates future ISR technical assistance, operations and funding; no binding economics disclosed.

Strategic Partnership · Announced
Counterparties
Navoiyuran
Applies to
Yanrey Uranium Project · Uranium
Economic direction
Benefit
Period
Dates not stated
Key terms
binding status: non-binding MOU
How it affects our valuation

No valuation treatment is available for this arrangement.

Earlier production payments and royalty terminated; Cauldron retained Onslow tenements and no further consideration is due.

Royalty · Terminated
Counterparties
Original Onslow sand vendors
Applies to
Onslow River Sands · Others
Economic direction
Burden
Period
Through 2025-09-02; start date not stated
Key terms
former royalty: A$1/t or 2% FOB sales
How it affects our valuation

This arrangement has ended; no current valuation treatment is required.