OREMAVEN
XMM 7,722.00 -2.63% YTD +5.6% OM ASX 450.55 -2.56% YTD +0.1% OM PRECIOUS 349.20 -2.24% YTD +2.5% OM EX-PREC 418.91 -2.72% YTD -1.1% XAU 4,115.59 +2.31% YTD -4.9% GLD 375.49 +0.81% YTD -5.2% GDX 85.75 +1.37% YTD -0.0% SIL 77.33 -1.00% YTD -7.3% COPX 70.23 -5.81% YTD -1.8% URNM 40.07 -2.79% YTD -27.0%
2026-11-06
◂ Monitor CXU ASX

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
—
Fair value
Locked: sign in to view
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

People, delivery and responsibility

Management background checks

Evidence through 2026-10-09

Research assessment

Executive team

Rating locked: sign in to viewTeam rating and score are available to subscribers

Evidence is limited to the issuer’s disclosed roster and selected filings. The available material does not support a complete assessment of each executive’s professional record; individual reports state specific gaps.

Decision-relevant facts

Material summary

Individual involvement and employer context shown separately

Jonathan Fisher

Chief Executive Officer

Current
Full background report for Jonathan Fisher

No supported material findings selected. See this executive’s report and evidence gaps.

Evidence gaps · 2
  • Targeted independent searches of regulator, court, safety and environmental records were not completed for this individual; the logged source review does not support a clearance conclusion.
  • The issuer describes Fisher’s Tellus financing and Atlas Iron responsibilities but does not give exact Tellus tenure dates in the current profile; third-party chronology also lists TNG CFO and earlier advisory work, whose exact dates and outcomes need primary-source confirmation.

Full background report

Jonathan Fisher

Chief Executive Officer

Career chronology

  • Since 2022-12-01: Cauldron Energy Limited — Chief Executive Officer. Quarterly Activities/Appendix 5B Cash Flow Report (Management Team / corporate directory; named role as at 2026-09-26)

  • Five years before Cauldron; dates not specified in current profile: Tellus Holdings Ltd — Chief Financial Officer. About Us (About Us: profile / appointment biography)

  • Circa 2012–2015: Atlas Iron Ltd — General Manager Corporate Finance. About Us (About Us: profile / appointment biography)

  • Earlier role; dates not stated: PricewaterhouseCoopers — Corporate advisory. About Us (About Us: profile / appointment biography)

  • Earlier role; dates not stated: Rothschild, London — Natural Resources, Utilities and Infrastructure corporate advisory. About Us (About Us: profile / appointment biography)

  • Earlier role; dates not stated: Poynton and Partners — Corporate advisory. About Us (About Us: profile / appointment biography)

  • Circa four years; 2012–2015: Atlas Iron — General Manager, Corporate Finance. About Us / Board & Management (Jonathan Fisher biography; Atlas Iron career)

  • Five years before joining Cauldron; dates not disclosed: Tellus Holdings — Chief Financial Officer. About Us / Board & Management (Jonathan Fisher biography; Tellus appointment and financing)

Education and qualifications

Disclosed qualifications

As reported by issuer · issuer reported · low materiality

The issuer profile/report lists Law, Finance and Commerce degrees; Graduate of the Australian Institute of Company Directors and Finsia Fellow. The credential is recorded as issuer-reported; no independent credential-register verification is included.

Attribution: Individual involvement documented. The issuer identifies the qualification as belonging to this executive; independent primary credential verification was not performed.

Relevance: Relevant to the role-specific experience record.

About Us (About Us: qualifications in executive biography)

Contributions and company outcomes

Onslow purchase agreement terminated with no further production payment or royalty

2025-09-02 · issuer reported · medium materiality

The issuer reported onslow purchase agreement terminated with no further production payment or royalty: True. This records an employer-level event; the reviewed evidence does not attribute the event to Jonathan Fisher individually.

Attribution: Role overlaps event; causation unproven. The event occurred at the issuer level during the documented period; no source establishes this executive’s individual contribution or causal responsibility.

Relevance: Context for delivery and oversight in the current role; do not treat it as personal performance evidence.

Sand Project Update - Cauldron to Retain Onslow Tenements (p. 1)

Suitability for the current role

Role fit cannot be assessed from the disclosed profile

As of 2026-09-26 · analyst inference · low materiality

The current role is supported by the issuer roster, and the cited profile documents relevant previous roles for Jonathan Fisher. Those biographies are largely issuer supplied and lack complete dated chronology or independent performance corroboration, so fit can be assessed only in relation to the disclosed prior experience.

Attribution: Responsibility not applicable. This is an evidence-limited analyst judgment, not an adverse claim about the executive.

Relevance: Role-specific experience and credentials are central to assessing the current position; the available record is insufficient for a positive or negative conclusion.

Quarterly Activities/Appendix 5B Cash Flow Report (Management Team / corporate directory; named role as at 2026-09-26); About Us (About Us: executive biography)

Evidence gaps

  • Targeted independent searches of regulator, court, safety and environmental records were not completed for this individual; the logged source review does not support a clearance conclusion.

  • The issuer describes Fisher’s Tellus financing and Atlas Iron responsibilities but does not give exact Tellus tenure dates in the current profile; third-party chronology also lists TNG CFO and earlier advisory work, whose exact dates and outcomes need primary-source confirmation.

Michael Fry

Executive Director / Chief Financial Officer / Company Secretary

Current
Full background report for Michael Fry

No supported material findings selected. See this executive’s report and evidence gaps.

Evidence gaps · 2
  • Targeted independent searches of regulator, court, safety and environmental records were not completed for this individual; the logged source review does not support a clearance conclusion.
  • The issuer profile confirms KPMG/Deloitte, Troika, Swick, appointment date and concurrent APC Minerals company-secretary role, but does not disclose specific dates, qualifications or measurable outcomes for those prior roles.

Full background report

Michael Fry

Executive Director / Chief Financial Officer / Company Secretary

Career chronology

  • Since 2019-04-11: Cauldron Energy Limited — Executive Director / Chief Financial Officer / Company Secretary. Quarterly Activities/Appendix 5B Cash Flow Report (Management Team / corporate directory; named role as at 2026-09-26)

  • First ten years of career: KPMG, Perth — Chartered accounting. About Us (About Us: profile / appointment biography)

  • First ten years of career: Deloitte, Melbourne — Chartered accounting. About Us (About Us: profile / appointment biography)

  • After chartered accounting: Troika Securities Ltd — Corporate advisory. About Us (About Us: profile / appointment biography)

  • Previous role; dates not stated: Swick Mining Services Ltd — CFO and Finance Director. About Us (About Us: profile / appointment biography)

  • Previous role; dates not stated: Globe Metals & Mining Ltd — CFO and Company Secretary. About Us (About Us: profile / appointment biography)

  • Concurrent role as reported: APC Minerals Ltd — Company Secretary. About Us (About Us: profile / appointment biography)

Contributions and company outcomes

Onslow purchase agreement terminated with no further production payment or royalty

2025-09-02 · issuer reported · medium materiality

The issuer reported onslow purchase agreement terminated with no further production payment or royalty: True. This records an employer-level event; the reviewed evidence does not attribute the event to Michael Fry individually.

Attribution: Role overlaps event; causation unproven. The event occurred at the issuer level during the documented period; no source establishes this executive’s individual contribution or causal responsibility.

Relevance: Context for delivery and oversight in the current role; do not treat it as personal performance evidence.

Sand Project Update - Cauldron to Retain Onslow Tenements (p. 1)

Suitability for the current role

Role fit cannot be assessed from the disclosed profile

As of 2026-09-26 · analyst inference · low materiality

The current role is supported by the issuer roster, and the cited profile documents relevant previous roles for Michael Fry. Those biographies are largely issuer supplied and lack complete dated chronology or independent performance corroboration, so fit can be assessed only in relation to the disclosed prior experience.

Attribution: Responsibility not applicable. This is an evidence-limited analyst judgment, not an adverse claim about the executive.

Relevance: Role-specific experience and credentials are central to assessing the current position; the available record is insufficient for a positive or negative conclusion.

Quarterly Activities/Appendix 5B Cash Flow Report (Management Team / corporate directory; named role as at 2026-09-26); About Us (About Us: executive biography)

Evidence gaps

  • Targeted independent searches of regulator, court, safety and environmental records were not completed for this individual; the logged source review does not support a clearance conclusion.

  • The issuer profile confirms KPMG/Deloitte, Troika, Swick, appointment date and concurrent APC Minerals company-secretary role, but does not disclose specific dates, qualifications or measurable outcomes for those prior roles.