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- Last 2026-11-06
- A$3.91
- 1D
- —
- 1M
- —
- YTD
- —
- 1Y
- —
- Fair value
- Locked: sign in to view
- Upside
- Locked: sign in to view
- Mkt cap
- A$2.1B
- EV
- A$2.3B
- Cash
- A$10.5M
- Debt
- A$143M
2 newer ASX announcements not yet reflected in this valuation
- Application for quotation of securities - DRRPost Cash Checkpoint Security Event
- Corporate Presentation - October 2026Latest Operating Presentation
Investment view
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Sign in or enter a guest codeAnnouncements
Latest 12 of 6All sources ▸- 2924-03140184-6A1345834Corporate Action
- 2924-03138816-6A1345216Corporate Action
- FY26 Financial Results PresentationPresentation
- Annual Report 2026 and Appendix 4EResults
- Half Year AccountsResults
- FY25 Financial Results PresentationPresentation
Event calendar · next 12 months
3 events| Timing | Event | Category | Confidence | Materiality | Investor relevance |
|---|---|---|---|---|---|
| ByJanuary2027, issuer-guided expected completion | Paradox Basin definitive feasibility study | Study | Company Guided | Medium | Issuer-dated accountability, study or funding milestone relevant to contractual royalty receipt timing and capital allocation. |
| Remainder of calendar2026 target; not committed finance | Santa Cruz project financing completion target | Financing | Company Guided | High | Issuer-dated accountability, study or funding milestone relevant to contractual royalty receipt timing and capital allocation. |
| 30 November 2026, indicative issuer schedule | Deterra annual general meeting | Governance | Company Guided | Medium | Issuer-dated accountability, study or funding milestone relevant to contractual royalty receipt timing and capital allocation. |
Executive roster
As of 2026-10-13Background checks ▸Annual report physical pages13/31/33 and September29 release identify the executive roster. No separate management-background research undertaken.
| Executive | Title | Normalized role | Appointed | Sources |
|---|---|---|---|---|
| Jason Neal | Interim Managing Director and Chief Executive Officer | Chief Executive · Executive Director | 2025-11-29 | Annual Report 2026 and Appendix 4E · Acquisition of third-party Santa Cruz copper royalty |
| Jason Clifton | Chief Financial Officer · Joint Company Secretary | Finance · Company Secretary | — | Annual Report 2026 and Appendix 4E |
| Bronwyn Kerr | General Counsel · Joint Company Secretary | Commercial · Company Secretary | — | Annual Report 2026 and Appendix 4E |
| Li Li | General Manager, Finance | Finance · Senior Management | — | Annual Report 2026 and Appendix 4E |
| James Thomson | Senior Resource Geologist | Technical · Senior Management | — | Annual Report 2026 and Appendix 4E |
| Phoebe Mather | Senior Legal Counsel | Commercial · Senior Management | — | Annual Report 2026 and Appendix 4E |
| Annika Godwin | Senior Finance Manager | Finance · Senior Management | — | Annual Report 2026 and Appendix 4E |
devCoverage status: Complete As Disclosed
Portfolio detail
Assets
Core asset
Mining Area C royalty
AU
Producer100% ownedIron Ore
100% participation in the identified royalty contract, not legal mine ownership. 1.232% of AUD FOB sales revenue, paid quarterly. Additional annual capacity payments:A$1m per million dry tonnes above the previous demonstrated annual production level, now140Mdmt. Future capacity payments require new demonstrated annual dry production thresholds.
- Royalty type
- GRR
- Rate
- 1.2%
- Underlying asset and operator
- Mining Area C royalty; BHP
- Operator's stage
- producer
- Attrib. royalty units per year
- NM
- Royalty receipts (12M)
- A$234.4m
- Our attributable value
- Locked
Core asset
Thacker Pass royalty participation
US
Construction60% ownedLithium
60% participation in the identified royalty contract, not legal mine ownership. 60% participation in the underlying8% GRR, effective4.8%, reducing to2.4% afterUS$13.2m attributable royalty payments if no buyback. Expected operator buyback instead paysUS$13.2m and reduces the effective receipt rate to1.05%. No mine equity or capital-funding obligation.
- Royalty type
- GRR
- Rate
- 4.8%
- Underlying asset and operator
- Thacker Pass royalty participation; Lithium Americas
- Operator's stage
- construction
- Attrib. royalty units per year
- NM
- Royalty receipts (12M)
- —
- Our attributable value
- Locked
Resources & reserves2
| Type | Category | Quantity | Grade | Contained minerals | Date |
|---|---|---|---|---|---|
| Mineral Resource | Third-party operator total as disclosed; not Deterra inventory | 5.8K Mt | 0.217% Li | Lithium | 2024-12-31 |
| Ore Reserve | Third-party operator total as disclosed; not Deterra inventory | 1.1K Mt | 0.254% Li | Lithium | 2024-12-31 |
Core asset
Santa Cruz copper royalty
US
Construction100% ownedCopper
100% participation in the identified royalty contract, not legal mine ownership. Royalty acquired forUS$74.15m. Modernised rate:1.68% for the first six years after commercial production,1.57% thereafter. Approximately84% reserve-area coverage. Operator may buy back25% for circaUS$20m. The residual0.25% ROFO is unacquired and has no assigned value.
- Royalty type
- NSR
- Rate
- 1.7%
- Underlying asset and operator
- Santa Cruz copper royalty; Ivanhoe Electric
- Operator's stage
- construction
- Attrib. royalty units per year
- NM
- Royalty receipts (12M)
- —
- Our attributable value
- Locked
Resources & reserves1
| Type | Category | Quantity | Grade | Contained minerals | Date |
|---|---|---|---|---|---|
| Ore Reserve | Third-party total, includes outside royalty area | 1.5M t contained Cu | 1.08% Cu | Copper | 2026-09-23 |
Other
Antler royalty
US
PFS Developer100% ownedCopperZincLeadSilverGold
100% participation in the identified royalty contract, not legal mine ownership. 0.9% NSR over the existing project package and five named targets;0.45% over subsequently acquired rights within a5km area of interest. Each may be reduced by one-third forA$9m andA$4m respectively within three months of securing75% of development funding.
- Royalty type
- NSR
- Rate
- 0.9%
- Underlying asset and operator
- Antler royalty; Kinterra Capital
- Operator's stage
- PFS developer
- Attrib. royalty units per year
- NM
- Royalty receipts (12M)
- —
- Our attributable value
- Locked
Resources & reserves2
| Type | Category | Quantity | Grade | Contained minerals | Date |
|---|---|---|---|---|---|
| Mineral Resource | Third-party operator total as disclosed; not Deterra inventory | 14.2 Mt | 1.8% Cu;4.3% Zn;0.9% Pb;34g/t Ag;0.3g/t Au | Copper · Zinc · Lead · Silver · Gold | 2025-05-12 |
| Ore Reserve | Third-party operator total as disclosed; not Deterra inventory | 11 Mt | 1.6% Cu;3.7% Zn;0.6% Pb;26g/t Ag;0.3g/t Au | Copper · Zinc · Lead · Silver · Gold | 2024-07-17 |
Other
Paradox Basin royalty
US
PFS Developer100% ownedLithium
100% participation in the identified royalty contract, not legal mine ownership. 2.5% NSR over Anson projects in the Paradox Basin, including Green River. An alternative2% share of net project-sale proceeds terminates the royalty. Prior contingent acquisition consideration was cancelled forUS$1.25m inOctober2024.
- Royalty type
- NSR
- Rate
- 2.5%
- Underlying asset and operator
- Paradox Basin royalty; Anson Resources
- Operator's stage
- PFS developer
- Attrib. royalty units per year
- NM
- Royalty receipts (12M)
- —
- Our attributable value
- Locked
Resources & reserves1
| Type | Category | Quantity | Grade | Contained minerals | Date |
|---|---|---|---|---|---|
| Mineral Resource | Third-party operator total as disclosed; not Deterra inventory | 2.5K Mt brine | 112ppm Li | Lithium | 2023-10-16 |
Other
Mimbula copper royalty
ZM
Producer100% ownedCopper
100% participation in the identified royalty contract, not legal mine ownership. 0.3% GRR reducing to0.2% after royalty payments on575,000t of operator copper. Initial operator production10ktpa; expanded capacity20ktpa. The56ktpa Phase2 ambition is operator capacity, not Deterra output.
- Royalty type
- GRR
- Rate
- 0.3%
- Underlying asset and operator
- Mimbula copper royalty; Moxico Resources
- Operator's stage
- producer
- Attrib. royalty units per year
- NM
- Royalty receipts (12M)
- —
- Our attributable value
- Locked
Resources & reserves1
| Type | Category | Quantity | Grade | Contained minerals | Date |
|---|---|---|---|---|---|
| Mineral Resource | Third-party operator total as disclosed; not Deterra inventory | 76.4 Mt | 1.07% Cu | Copper | 2024-03-31 |
Other
Yoongarillup / Yalyalup royalties
AU
Producer100% ownedOthers
100% participation in the identified royalty contract, not legal mine ownership. Two separate contracts with identical2% revenue terms over specified mineral tenements. Yalyalup began production inQ2 2022. Operator output100ktpa HMC; initial4–5year mine life and extensions subject to approvals.
- Royalty type
- GRR
- Rate
- 2%
- Underlying asset and operator
- Yoongarillup / Yalyalup royalties; Doral Resources
- Operator's stage
- producer
- Attrib. royalty units per year
- NM
- Royalty receipts (12M)
- —
- Our attributable value
- Locked
Other
Wonnerup fixed royalty
AU
Producer100% ownedOthers
100% participation in the identified royalty contract, not legal mine ownership. FixedA$0.70 per tonne of valuable heavy minerals produced on specified tenements. Basket includes zircon, rutile, ilmenite, anatase, leucoxene, monazite and cassiterite. This is not a percentage royalty.
- Royalty type
- Fixed royalty
- Rate
- —
- Underlying asset and operator
- Wonnerup fixed royalty; Tronox / Cable Sands
- Operator's stage
- producer
- Attrib. royalty units per year
- NM
- Royalty receipts (12M)
- —
- Our attributable value
- Locked
Resources & reserves1
| Type | Category | Quantity | Grade | Contained minerals | Date |
|---|---|---|---|---|---|
| Ore Reserve | Third-party operator total as disclosed; not Deterra inventory | 6 Mt | 5.4%HM; assemblage70.5%ilmenite18.6%rutile9.4%zircon | Others | 2025-12-31 |
Other
Yandanooka royalty
AU
PFS Developer100% ownedOthers
100% participation in the identified royalty contract, not legal mine ownership. 1.5% GRR on minerals sold from specified tenements. Operator bankable feasibility work is underway; its2027 first-production target remains subject to approvals and land access.
- Royalty type
- GRR
- Rate
- 1.5%
- Underlying asset and operator
- Yandanooka royalty; Image Resources
- Operator's stage
- PFS developer
- Attrib. royalty units per year
- NM
- Royalty receipts (12M)
- —
- Our attributable value
- Locked
Resources & reserves2
| Type | Category | Quantity | Grade | Contained minerals | Date |
|---|---|---|---|---|---|
| Mineral Resource | Third-party operator total as disclosed; not Deterra inventory | 57 Mt | 3.1% HM | Others | 2024-03-30 |
| Ore Reserve | Third-party operator total as disclosed; not Deterra inventory | 30 Mt | 3.9% HM | Others | 2024-03-30 |
Other
Lincoln gold royalty participation
US
Care And Maintenance50% ownedGold
50% participation in the identified royalty contract, not legal mine ownership. 50% participation in a1.5% NSR, initially a net0.75% receipt rate. Full-contract rate falls to0.75%, net0.375%, afterUS$3m aggregate payments. A five-mile area of interest and conditional asset security are retained. Historic2015 resource; restart and JORC conversion are unproven.
- Royalty type
- NSR
- Rate
- 1.5%
- Underlying asset and operator
- Lincoln gold royalty participation; Haranga Resources
- Operator's stage
- Care and maintenance
- Attrib. royalty units per year
- NM
- Royalty receipts (12M)
- —
- Our attributable value
- Locked
Resources & reserves1
| Type | Category | Quantity | Grade | Contained minerals | Date |
|---|---|---|---|---|---|
| Mineral Resource | Third-party operator total as disclosed; not Deterra inventory | 1 Mt | 9.3g/t Au | Gold | 2015-07-02 |
Other
Pukaqaqa royalty portfolio
PE
Resource Stage100% ownedCopperOthersGold
100% participation in the identified royalty contract, not legal mine ownership. Separate geographical royalties:Vaaldiam1% NSR plus milestones; Norte1% NSR over the open pit; Sur0.5–1% NSR over the southeast concession. AdditionalUS$8m milestone payments are conditional. Rates are not simply added across all production.
- Royalty type
- NSR
- Rate
- —
- Underlying asset and operator
- Pukaqaqa royalty portfolio; Olympic Precious Metals
- Operator's stage
- Resource stage
- Attrib. royalty units per year
- NM
- Royalty receipts (12M)
- —
- Our attributable value
- Locked
Resources & reserves1
| Type | Category | Quantity | Grade | Contained minerals | Date |
|---|---|---|---|---|---|
| Mineral Resource | Third-party operator total as disclosed; not Deterra inventory | 349 Mt | 0.40% Cu | Copper | 2017-07-31 |
Other
Big Kidd royalty
CA
Early Explorer100% ownedCopper
100% participation in the identified royalty contract, not legal mine ownership. 3% NSR plus a five-kilometre area of interest acquired within five years. Operator may repurchase1% forC$2m and a further1% forC$4m. Credit-able annual advances beginJanuary2028; amount undisclosed. No supported commercial production schedule.
- Royalty type
- NSR
- Rate
- 3%
- Underlying asset and operator
- Big Kidd royalty; Silverco Mining
- Operator's stage
- Early explorer
- Attrib. royalty units per year
- NM
- Royalty receipts (12M)
- —
- Our attributable value
- Locked
Other
Sonora royalty and litigation participation
MX
Care And Maintenance20% ownedLithium
20% participation in the identified royalty contract, not legal mine ownership. 20% participation in a third-party3% GRR and up to20% of certain litigation proceeds. The holder may reduce participation to10% forUS$1.75m beforeNovember2027. Nine concessions cancelled inAugust2023 remain disputed; no unconditional cash receivable is assumed.
- Royalty type
- GRR participation
- Rate
- 3%
- Underlying asset and operator
- Sonora royalty and litigation participation; Ganfeng Lithium / third-party royalty holder
- Operator's stage
- Care and maintenance
- Attrib. royalty units per year
- NM
- Royalty receipts (12M)
- —
- Our attributable value
- Locked
Resources & reserves2
| Type | Category | Quantity | Grade | Contained minerals | Date |
|---|---|---|---|---|---|
| Mineral Resource | Third-party operator total as disclosed; not Deterra inventory | 559 Mt | 0.30% Li | Lithium | 2017-12-31 |
| Ore Reserve | Third-party operator total as disclosed; not Deterra inventory | 244 Mt | 0.35% Li | Lithium | 2017-12-31 |
Other
Koolyanobbing / Deception royalty
AU
Care And Maintenance100% ownedIron Ore
100% participation in the identified royalty contract, not legal mine ownership. 1.5% FOB royalty over only part of the Deception pit. Broader Yilgarn Hub shipments resumed inDecember2025 with a4.5Mtpa goal. Paying production inside the Deterra royalty footprint is unconfirmed.
- Royalty type
- FOB revenue royalty
- Rate
- 1.5%
- Underlying asset and operator
- Koolyanobbing / Deception royalty; Yilgarn Iron
- Operator's stage
- Care and maintenance
- Attrib. royalty units per year
- NM
- Royalty receipts (12M)
- —
- Our attributable value
- Locked
Other
Kwale royalty
KE
Care And Maintenance100% ownedOthers
100% participation in the identified royalty contract, not legal mine ownership. 0.25% FOB royalty. Mining ceased inlate2024 and the operation is in closure and rehabilitation. Operator mine assets and closure obligations do not belong to Deterra.
- Royalty type
- FOB revenue royalty
- Rate
- 0.2%
- Underlying asset and operator
- Kwale royalty; Energy Fuels / Base Resources
- Operator's stage
- Care and maintenance
- Attrib. royalty units per year
- NM
- Royalty receipts (12M)
- —
- Our attributable value
- Locked
Resources & reserves2
| Type | Category | Quantity | Grade | Contained minerals | Date |
|---|---|---|---|---|---|
| Mineral Resource | Third-party operator total as disclosed; not Deterra inventory | 13.5 Mt | 1.6% HM | Others | 2024-06-30 |
| Ore Reserve | Third-party operator total as disclosed; not Deterra inventory | 7.6 Mt | 1.8% HM | Others | 2024-06-30 |
d derivedr our researchg guidances study forecastm daily marketNo marker: as reported— / NM missing or not meaningful (hover for why)
Funding, performance and ownership
Financials & Capital
Liquidity
Financial position
Reported June cash A$10.512m and debt A$143m, A$357m undrawn. Santa Cruz US$74.15m purchase uses debt. Cutoff cash/debt are estimated separately in valuation, with all known distributions and settlement claims reconciled.
Capital structure
Ownership and dilution
- Ordinary shares
- 531.8M
- Fully diluted
- 532.7M
529,456,506 ordinary shares at June and July2026 +49,569 employee conversions on20August +2,262,384 DRP shares on22September =531,768,459. September Appendix2A confirms231,517 share rights and678,330 performance rights after238,463 lapses and55,214 newly issued rights. Maximum fully diluted shares:532,678,306. Future DRP shares and hypothetical buybacks are excluded.
Security classes3
| Class | Type | Quantity | Strike | Expiry |
|---|---|---|---|---|
| Ordinary fully paid shares | Ordinary Share | 531.8M | — | — |
| Unquoted share rights | Performance Right | 231.5K | A$0 | — |
| Unquoted performance rights | Performance Right | 678.3K | A$0 | — |
KPI history
Operating metrics · Mining Area C royalty
| Metric | Unit | Trend | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|
| BHP MAC gross operator production | wmt | 38,600,000 | 34,600,000 | 38,000,000 | 39,500,000 | 39,700,000 | |
| BHP MAC gross operator dry sales | dmt | 35,100,000 | 32,400,000 | 35,300,000 | 35,000,000 | 37,500,000 | |
| MAC gross operator realised FOB price | AUD/dmt | 139.0 | 135.2 | 142.8 | 131.2 | 133.9 |
Operating metric source table23
| Metric | Project | Period | Period type | Value | Status |
|---|---|---|---|---|---|
| BHP MAC gross operator production | P Mac | Q2 2025 | Quarter | 38,600,000 wmt | Reported |
| BHP MAC gross operator dry sales | P Mac | Q2 2025 | Quarter | 35,100,000 dmt | Reported |
| MAC gross operator realised FOB price | P Mac | Q2 2025 | Quarter | 139 AUD/dmt | Reported |
| BHP MAC gross operator production | P Mac | Q3 2025 | Quarter | 34,600,000 wmt | Reported |
| BHP MAC gross operator dry sales | P Mac | Q3 2025 | Quarter | 32,400,000 dmt | Reported |
| MAC gross operator realised FOB price | P Mac | Q3 2025 | Quarter | 135.2 AUD/dmt | Reported |
| BHP MAC gross operator production | P Mac | Q4 2025 | Quarter | 38,000,000 wmt | Reported |
| BHP MAC gross operator dry sales | P Mac | Q4 2025 | Quarter | 35,300,000 dmt | Reported |
| MAC gross operator realised FOB price | P Mac | Q4 2025 | Quarter | 142.8 AUD/dmt | Reported |
| BHP MAC gross operator production | P Mac | Q1 2026 | Quarter | 39,500,000 wmt | Reported |
| BHP MAC gross operator dry sales | P Mac | Q1 2026 | Quarter | 35,000,000 dmt | Reported |
| MAC gross operator realised FOB price | P Mac | Q1 2026 | Quarter | 131.2 AUD/dmt | Reported |
| BHP MAC gross operator production | P Mac | Q2 2026 | Quarter | 39,700,000 wmt | Reported |
| BHP MAC gross operator dry sales | P Mac | Q2 2026 | Quarter | 37,500,000 dmt | Reported |
| MAC gross operator realised FOB price | P Mac | Q2 2026 | Quarter | 133.9 AUD/dmt | Reported |
| Group cash balance | Company | Balance 2025-06-30 | Point In Time | 24,394,000 AUD | Reported |
| Group debt balance | Company | Balance 2025-06-30 | Point In Time | 295,000,000 AUD | Reported |
| Group cash balance | Company | Balance 2025-12-31 | Point In Time | 7,167,000 AUD | Reported |
| Group debt balance | Company | Balance 2025-12-31 | Point In Time | 156,000,000 AUD | Reported |
| Group cash balance | Company | Balance 2026-06-30 | Point In Time | 10,512,000 AUD | Reported |
| Group debt balance | Company | Balance 2026-06-30 | Point In Time | 143,000,000 AUD | Reported |
| Deterra MAC royalty revenue excluding capacity payments | P Mac | FY2025 | Year | 219,334,000 AUD | Reported |
| Deterra MAC royalty revenue excluding capacity payments | P Mac | FY2026 | Year | 234,428,000 AUD | Reported |
Capital history
Capital events
| Date | Event | Amount | Shares | Price | Status | Terms |
|---|---|---|---|---|---|---|
| 2026-09-29 | Debt | US$74.2M | — | — | Completed | — |
| 2026-09-22Ann. 2026-08-18 | Dividend | A$57.2M | 2.3M | — | 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.
All15 current royalty interests and disclosed conditional rates, areas of interest, buybacks, milestone payments and participation rights are captured from the October issuer Asset Book and dated primary releases. Corporate credit facilities, residual disposal settlement and separate core buyback options are registered. Disposed precious-metal contracts are terminated. Operator JVs and offtakes are not treated as Deterra arrangements.
1.232% of AUD FOB sales revenue, paid quarterly. Additional annual capacity payments:A$1m per million dry tonnes above the previous demonstrated annual production level, now140Mdmt. No repeat capacity payment is assumed.
Royalty · Active- Counterparties
- BHP
- Applies to
- Mining Area C royalty · Iron Ore
- Economic direction
- Benefit
- Period
- Dates not stated
- Key terms
- Royalty contract participation: 100 %
Royalty rate: 1.23 %
Contingent and stepdown terms: No disclosed cap or buyback; production and expansion decisions rest with BHP.
How it affects our valuation
No valuation treatment is available for this arrangement.
60% participation in the underlying8% GRR, effective4.8%, reducing to2.4% afterUS$13.2m attributable royalty payments if no buyback. Expected operator buyback instead paysUS$13.2m and reduces the effective receipt rate to1.05%. No mine equity or capital-funding obligation.
Royalty · Active- Counterparties
- Lithium Americas
- Applies to
- Thacker Pass royalty participation · Lithium
- Economic direction
- Benefit
- Period
- Dates not stated
- Key terms
- Royalty contract participation: 60 %
Royalty rate: 4.8 %
Contingent and stepdown terms: Expected operator partial buyback US$13.2m before first production; postbuyback rate1.05% effective.
How it affects our valuation
No valuation treatment is available for this arrangement.
Royalty acquired forUS$74.15m. Modernised rate:1.68% for the first six years after commercial production,1.57% thereafter. Approximately84% reserve-area coverage. Operator may buy back25% for circaUS$20m. The residual0.25% ROFO is unacquired and has no assigned value.
Royalty · Active- Counterparties
- Ivanhoe Electric
- Applies to
- Santa Cruz copper royalty · Copper
- Economic direction
- Benefit
- Period
- Dates not stated
- Key terms
- Royalty contract participation: 100 %
Royalty rate: 1.68 %
Contingent and stepdown terms: 25% partial buyback circaUS$20m calculated to give10% fixed return on25% purchase cost. ROFO is a future purchase opportunity, not current ownership.
How it affects our valuation
No valuation treatment is available for this arrangement.
0.9% NSR over the existing project package and five named targets;0.45% over subsequently acquired rights within a5km area of interest. Each may be reduced by one-third forA$9m andA$4m respectively within three months of securing75% of development funding.
Royalty · Active- Counterparties
- Kinterra Capital
- Applies to
- Antler royalty · Copper · Zinc · Lead · Silver · Gold
- Economic direction
- Benefit
- Period
- Dates not stated
- Key terms
- Royalty contract participation: 100 %
Royalty rate: 0.9 %
Contingent and stepdown terms: Conditional one-third buybacks A$9m primary package and A$4m AOI; no exercise or financing assumed.
How it affects our valuation
No valuation treatment is available for this arrangement.
2.5% NSR over Anson projects in the Paradox Basin, including Green River. An alternative2% share of net project-sale proceeds terminates the royalty. Prior contingent acquisition consideration was cancelled forUS$1.25m inOctober2024.
Royalty · Active- Counterparties
- Anson Resources
- Applies to
- Paradox Basin royalty · Lithium
- Economic direction
- Benefit
- Period
- Dates not stated
- Key terms
- Royalty contract participation: 100 %
Royalty rate: 2.5 %
Contingent and stepdown terms: Project sale alternative2% net proceeds replaces royalty. No extra canceled consideration payable.
How it affects our valuation
No valuation treatment is available for this arrangement.
0.3% GRR reducing to0.2% after royalty payments on575,000t of operator copper. Initial operator production10ktpa; expanded capacity20ktpa. The56ktpa Phase2 ambition is operator capacity, not Deterra output.
Royalty · Active- Counterparties
- Moxico Resources
- Applies to
- Mimbula copper royalty · Copper
- Economic direction
- Benefit
- Period
- Dates not stated
- Key terms
- Royalty contract participation: 100 %
Royalty rate: 0.3 %
Contingent and stepdown terms: Rate reduces to0.2% after575,000t copper royalty base; cumulative progress undisclosed.
How it affects our valuation
No valuation treatment is available for this arrangement.
Two separate contracts with identical2% revenue terms over specified mineral tenements. Yalyalup began production inQ2 2022. Operator output100ktpa HMC; initial4–5year mine life and extensions subject to approvals.
Royalty · Active- Counterparties
- Doral Resources
- Applies to
- Yoongarillup / Yalyalup royalties · Others
- Economic direction
- Benefit
- Period
- Dates not stated
- Key terms
- Royalty contract participation: 100 %
Royalty rate: 2 %
Contingent and stepdown terms: No disclosed caps or buybacks; limited initial mine life, no continuation assumed.
How it affects our valuation
No valuation treatment is available for this arrangement.
FixedA$0.70 per tonne of valuable heavy minerals produced on specified tenements. Basket includes zircon, rutile, ilmenite, anatase, leucoxene, monazite and cassiterite. This is not a percentage royalty.
Royalty · Active- Counterparties
- Tronox / Cable Sands
- Applies to
- Wonnerup fixed royalty · Others
- Economic direction
- Benefit
- Period
- Dates not stated
- Key terms
- Royalty contract participation: 100 %
Royalty rate: —
Contingent and stepdown terms: Fixed A$0.70/t valuable heavy minerals; not a percentage rate.
How it affects our valuation
No valuation treatment is available for this arrangement.
1.5% GRR on minerals sold from specified tenements. Operator bankable feasibility work is underway; its2027 first-production target remains subject to approvals and land access.
Royalty · Active- Counterparties
- Image Resources
- Applies to
- Yandanooka royalty · Others
- Economic direction
- Benefit
- Period
- Dates not stated
- Key terms
- Royalty contract participation: 100 %
Royalty rate: 1.5 %
Contingent and stepdown terms: No disclosed caps or buybacks.
How it affects our valuation
No valuation treatment is available for this arrangement.
50% participation in a1.5% NSR, initially a net0.75% receipt rate. Full-contract rate falls to0.75%, net0.375%, afterUS$3m aggregate payments. A five-mile area of interest and conditional asset security are retained. Historic2015 resource; restart and JORC conversion are unproven.
Royalty · Active- Counterparties
- Haranga Resources
- Applies to
- Lincoln gold royalty participation · Gold
- Economic direction
- Benefit
- Period
- Dates not stated
- Key terms
- Royalty contract participation: 50 %
Royalty rate: 1.5 %
Contingent and stepdown terms: US$3m fullroyalty aggregate payment threshold halves rate; cumulative progress undisclosed.
How it affects our valuation
No valuation treatment is available for this arrangement.
Separate geographical royalties:Vaaldiam1% NSR plus milestones; Norte1% NSR over the open pit; Sur0.5–1% NSR over the southeast concession. AdditionalUS$8m milestone payments are conditional. Rates are not simply added across all production.
Royalty · Active- Counterparties
- Olympic Precious Metals
- Applies to
- Pukaqaqa royalty portfolio · Copper · Others · Gold
- Economic direction
- Benefit
- Period
- Dates not stated
- Key terms
- Royalty contract participation: 100 %
Royalty rate: —
Contingent and stepdown terms: Separate geographical bases and US$8m conditional milestones; no unconditional receivable assumed.
How it affects our valuation
No valuation treatment is available for this arrangement.
3% NSR plus a five-kilometre area of interest acquired within five years. Operator may repurchase1% forC$2m and a further1% forC$4m. Credit-able annual advances beginJanuary2028; amount undisclosed. No supported commercial production schedule.
Royalty · Active- Counterparties
- Silverco Mining
- Applies to
- Big Kidd royalty · Copper
- Economic direction
- Benefit
- Period
- Dates not stated
- Key terms
- Royalty contract participation: 100 %
Royalty rate: 3 %
Contingent and stepdown terms: Optional C$2m then C$4m partial buybacks; advance royalty payments creditable, no doubled receipt.
How it affects our valuation
No valuation treatment is available for this arrangement.
20% participation in a third-party3% GRR and up to20% of certain litigation proceeds. The holder may reduce participation to10% forUS$1.75m beforeNovember2027. Nine concessions cancelled inAugust2023 remain disputed; no unconditional cash receivable is assumed.
Royalty · Active- Counterparties
- Ganfeng Lithium / third-party royalty holder
- Applies to
- Sonora royalty and litigation participation · Lithium
- Economic direction
- Benefit
- Period
- Dates not stated
- Key terms
- Royalty contract participation: 20 %
Royalty rate: 3 %
Contingent and stepdown terms: Option reduces participationto10% forUS$1.75m; litigation and royalty receipts unproven.
How it affects our valuation
No valuation treatment is available for this arrangement.
1.5% FOB royalty over only part of the Deception pit. Broader Yilgarn Hub shipments resumed inDecember2025 with a4.5Mtpa goal. Paying production inside the Deterra royalty footprint is unconfirmed.
Royalty · Active- Counterparties
- Yilgarn Iron
- Applies to
- Koolyanobbing / Deception royalty · Iron Ore
- Economic direction
- Benefit
- Period
- Dates not stated
- Key terms
- Royalty contract participation: 100 %
Royalty rate: 1.5 %
Contingent and stepdown terms: No disclosed caps; broaderhubshipments cannot be assigned to royaltyfootprint.
How it affects our valuation
No valuation treatment is available for this arrangement.
0.25% FOB royalty. Mining ceased inlate2024 and the operation is in closure and rehabilitation. Operator mine assets and closure obligations do not belong to Deterra.
Royalty · Active- Counterparties
- Energy Fuels / Base Resources
- Applies to
- Kwale royalty · Others
- Economic direction
- Benefit
- Period
- Dates not stated
- Key terms
- Royalty contract participation: 100 %
Royalty rate: 0.25 %
Contingent and stepdown terms: No disclosed caps or buybacks; no future payingvolume assumed.
How it affects our valuation
No valuation treatment is available for this arrangement.
A$500m bilateral facilities; A$143m drawn at June 2026, A$345m expiring2029 and A$155m2030. Santa Cruz purchase funded through facilities; current posttransaction balance not reported.
Other · Active- Counterparties
- Five bilateral banks
- Applies to
- Company-wide
- Economic direction
- Burden
- Period
- Dates not stated
- Key terms
- Total facilities: 500,000,000 AUD
Drawn at30June: 143,000,000 AUD
Santa Cruz funding: 74,150,000 USD
How it affects our valuation
No valuation treatment is available for this arrangement.
US$8.75m Avino receivable due25August2026 and US$1m Coeur obligation payable upon receipt. Subsequent settlement confirmation unavailable.
Other · Active- Counterparties
- Avino Silver & Gold Mines · Coeur Mining
- Applies to
- Company-wide · Silver
- Economic direction
- Mixed
- Period
- From 2025-08-25; no end date stated
- Key terms
- Deferredproceeds: 8,750,000 USD
Residualvendorpayment: 1,000,000 USD
How it affects our valuation
No valuation treatment is available for this arrangement.
Operator may pay US$22m full-contract, US$13.2m Deterra attributable, before first production to reduce the GRR from8% to1.75% full-contract, effective1.05% to Deterra.
Other · Conditional- Counterparties
- Lithium Americas
- Applies to
- Thacker Pass royalty participation · Lithium
- Economic direction
- Mixed
- Period
- Dates not stated
- Key terms
- Receipt ifexercised: 13,200,000 USD
How it affects our valuation
No valuation treatment is available for this arrangement.
Operator may repurchase25% at a price giving10% fixed return on relevant original cost. Additional0.25% ROFO requires a new purchase and is not currently acquired.
Other · Conditional- Counterparties
- Ivanhoe Electric · Residual royalty sellers
- Applies to
- Santa Cruz copper royalty · Copper
- Economic direction
- Mixed
- Period
- From 2026-09-29; no end date stated
- Key terms
- Optionalbuybackfraction: 25 %
ROFOresidual: 0.25 %
How it affects our valuation
No valuation treatment is available for this arrangement.
Gold offtake portfolio disposed; historical revenue and sale gains excluded from prospective royalty income. Separate residual settlement obligation retained.
Offtake · Terminated- Counterparties
- Third-party purchasers
- Applies to
- Company-wide · Gold
- Economic direction
- Benefit
- Period
- Through 2025-09-29; start date not stated
How it affects our valuation
This arrangement has ended; no current valuation treatment is required.
St Ives and Dandoko royalties disposed; historical revenue and sale gains excluded from prospective royalty income. Separate residual settlement obligation retained.
Royalty · Terminated- Counterparties
- Third-party purchasers
- Applies to
- Company-wide · Gold
- Economic direction
- Benefit
- Period
- Through 2025-09-29; start date not stated
How it affects our valuation
This arrangement has ended; no current valuation treatment is required.
La Preciosa royalty and milestone disposed; historical revenue and sale gains excluded from prospective royalty income. Separate residual settlement obligation retained.
Royalty · Terminated- Counterparties
- Third-party purchasers
- Applies to
- Company-wide · Silver
- Economic direction
- Benefit
- Period
- Through 2025-08-25; start date not stated
How it affects our valuation
This arrangement has ended; no current valuation treatment is required.
Intrinsic value
Valuation
Valuation
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Management background checks
Deterra’s interim chief executive and finance, legal and technical staff have relevant mining and transaction backgrounds. The CEO search remains underway. TMAC’s historic impairment and pre-tenure environmental reporting offence, and Deterra’s resolved inadvertent ASIC filing omissions, are qualified by their distinct timelines and court findings. Some staff careers and credentials remain thinly corroborated.
Decision-relevant facts
Material summary
Jason Neal
Interim Managing Director and Chief Executive Officer
FailureIssuer Reported · High materiality
TMAC impairment and blocked proposed sale
TMAC reported a C$620.6m non-cash after-tax impairment for 2019 and a C$611.6m net loss for the year. Its proposed 2020 sale to Shandong did not receive Canadian approval amid approaching debt maturity; a 2021 Agnico transaction followed. These are company outcomes, not proof of individual error.
Role overlaps event; causation unproven · Neal was TMAC CEO during these outcomes; no source establishes individual causal responsibility.
TMAC Q4 2019 financial results · Q4 financial highlights
TMAC 2019 management discussion and analysis · printed pp. 2–4
TMAC to be acquired by Agnico Eagle · transaction background
Feds reject sale of TMAC Resources to China’s Shandong Gold · 22 December 2020, transaction rejection and financing paragraphs
EnvironmentDocumented · High materiality
TMAC pleaded guilty after pre-tenure federal reporting non-compliance
TMAC pleaded guilty in October 2019 and was fined C$50,000 in connection with 2015 effluent discharges at Hope Bay. The updated Canadian government notice says the discharge complied with the existing water licence, but required sampling and testing results were not reported to Environment and Climate Change Canada. The offenders registry explains that failure to submit required federal information meant the company lacked authority to discharge under the federal regulations. TMAC described an administrative misunderstanding and reported paying the fine. The 2015 conduct predates Neal becoming CEO in 2018.
Employer context; no individual link established · The conduct predates Neal’s tenure. The plea occurred during his CEO tenure; no personal conduct or responsibility is established.
TMAC Resources Inc. conviction information 2019-10-02 · case details, reporting requirements, charge and sentence
Update: Nunavut-based mining company fined for failure to comply with Metal Mining Effluent Regulations · paragraphs 2–3, water-licence compliance and reporting failure
TMAC 2019 management discussion and analysis · printed pp. 5 and 22, issuer explanation and fine payment
EducationIssuer Reported · Medium materiality
Issuer-reported business qualification
Deterra reports a Bachelor of Business Administration from Simon Fraser University; the degree was not independently verified.
Responsibility not applicable · The source supports the described role, not an attribution of other actions.
Role FitAnalyst Inference · Medium materiality
Mining finance and company leadership experience
Deterra and a former employer report substantial mining investment-banking experience and executive roles at TMAC and Kirkland Lake. This background is relevant to royalty transactions, while historic outcomes cannot be attributed solely to one executive.
Responsibility not applicable · The source supports the described role, not an attribution of other actions.
Evidence gaps · 3
- Independently verified degree and full investment-banking transaction responsibility are unavailable.
- Full TMAC operational safety and environmental record and individual contribution to the 2021 transaction are not independently established.
- The permanent Deterra CEO selection remained ongoing in the 29 October 2026 quarterly.
Jason Clifton
Chief Financial Officer, Joint Company Secretary
FailureIssuer Reported · Medium materiality
Former employer reported FY2023 loss
ASM reported an FY2023 net loss attributable to owners of A$26.303m, versus A$24.257m in FY2022, while Clifton was CFO. ASM also advanced its Korean metals plant during the period. This is an early-stage company result and not proof of individual causation.
Role overlaps event; causation unproven · CFO role overlapped the financial periods; individual responsibility for the company results was not established.
Annual financial report 2023 · printed pp. 4–7, 26–28
EducationIssuer Reported · Medium materiality
Issuer-reported finance qualifications
Deterra reports a UWA Bachelor of Commerce, chartered-accountant fellowship, Financial Services Institute fellowship and AICD membership. These have not been independently verified.
Responsibility not applicable · The source supports the described role, not an attribution of other actions.
Role FitAnalyst Inference · Medium materiality
Finance experience relevant to royalty investment
His reported resources, energy and banking finance roles provide relevant financial background; individual deal-level capital-allocation contribution remains unquantified.
Responsibility not applicable · The source supports the described role, not an attribution of other actions.
Annual financial report 2023 · key management personnel
Evidence gaps · 2
- Independent credential confirmation and exact tenure at prior banking and energy employers are unavailable.
- Individual contribution to capital-allocation outcomes is not independently quantified.
Bronwyn Kerr
General Counsel, Joint Company Secretary
GovernanceDocumented · High materiality
Court granted relief after inadvertent late ASIC notices
In August 2024 the Federal Court addressed late ASIC notices concerning a 2023 share issue and the March 2024 resignation of a director. The court found Deterra and secretary Kerr acted honestly, the non-compliance was inadvertent, and she acted promptly to rectify it and adopted a new practice. The court granted relief from civil liability.
Individual involvement documented · The judgment identifies Kerr’s direct administrative role and expressly finds honesty and inadvertence; no dishonesty or other misconduct is implied.
Deterra Royalties Limited [2024] FCA 891 · orders and reasons [13]–[18], [26]–[37]
EducationIssuer Reported · Medium materiality
Issuer-reported legal and governance credentials
Deterra reports LLB with honours and BA, post-graduate finance and governance qualifications, and admission to practice in Western Australia. Independent institution and current practising-status checks were not obtained.
Responsibility not applicable · The source supports the described role, not an attribution of other actions.
2025 annual report · printed p.34
Board and team · Bronwyn Kerr biography
Role FitAnalyst Inference · Medium materiality
Legal and company-secretarial experience
Issuer-reported mining and transaction legal experience and the documented 2024 compliance response are relevant to the role; the court episode limits any claim of error-free administration.
Responsibility not applicable · The source supports the described role, not an attribution of other actions.
2025 annual report · printed p.34
Deterra Royalties Limited [2024] FCA 891 · reasons [34]–[36]
Evidence gaps · 2
- Independent degree and current practising-status confirmation were not obtained.
- Exact Atlas Iron tenure and full prior-employer transaction responsibilities remain unverified.
Li Li
General Manager, Finance
EducationIssuer Reported · Medium materiality
Issuer reports accountancy qualification
Deterra describes Li as a CPA-qualified accountant; the issuing body, membership status and degree were not independently verified.
Responsibility not applicable · The source supports the described role, not an attribution of other actions.
Board and team · Li Li biography
Role FitAnalyst Inference · Medium materiality
Finance and reporting experience
The issuer describes financial planning, technical accounting and audit experience; employer names, duration and individual outcomes were not independently established.
Responsibility not applicable · The source supports the described role, not an attribution of other actions.
Board and team · Li Li biography
2026 annual report and Appendix 4E · printed p.11
Evidence gaps · 2
- Full prior-employer identities, tenure and verified professional membership are unavailable.
- Common-name risk prevents attribution of unrelated search results.
James Thomson
Senior Resource Geologist
EducationIssuer Reported · Medium materiality
Issuer-reported geology and commerce degrees
Deterra reports a UWA BSc with first-class geology honours and BCom and AusIMM membership. These have not been independently verified.
Responsibility not applicable · The source supports the described role, not an attribution of other actions.
Board and team · James Thomson biography
Role FitAnalyst Inference · Medium materiality
Resource evaluation background
Deterra reports that Thomson led exploration drilling programs at BHP and Mineral Resources and developed modelling and resource-evaluation skills; no named projects or quantified personal outcomes were independently established.
Responsibility not applicable · The source supports the described role, not an attribution of other actions.
Board and team · James Thomson biography
Evidence gaps · 2
- Exact prior roles, named projects and contribution outcomes were not independently verified.
- Degree and professional membership were not checked with the issuing bodies.
Phoebe Mather
Senior Legal Counsel
EducationIssuer Reported · Medium materiality
Issuer-reported legal qualification
Deterra reports a University of Notre Dame law degree with first-class honours and admission to practise in Western Australia. Independent award and practising-status checks were not obtained.
Responsibility not applicable · The source supports the described role, not an attribution of other actions.
Board and team · Phoebe Mather biography
Role FitAnalyst Inference · Medium materiality
Mining and transactional legal background
Deterra describes prior legal and compliance work spanning mining, energy and financial institutions, relevant to royalty contracts; employer dates and specific transaction responsibilities remain unverified.
Responsibility not applicable · The source supports the described role, not an attribution of other actions.
Board and team · Phoebe Mather biography
2026 annual report and Appendix 4E · printed p.11
Evidence gaps · 2
- Named prior employer, exact tenure and deal-level responsibility are not verified.
- Degree and current practising status were not independently checked.
Annika Godwin
Senior Finance Manager
EducationIssuer Reported · Medium materiality
Issuer-reported chartered accountancy qualification
Deterra describes Godwin as a qualified Chartered Accountant. Professional membership and educational awards were not independently verified.
Responsibility not applicable · The source supports the described role, not an attribution of other actions.
Board and team · Annika Godwin biography
Role FitAnalyst Inference · Medium materiality
Group reporting background
Deterra reports experience in group financial reporting across mining and investment sectors; prior employers, tenure and individual reporting outcomes remain unverified.
Responsibility not applicable · The source supports the described role, not an attribution of other actions.
Board and team · Annika Godwin biography
2026 annual report and Appendix 4E · printed p.11
Evidence gaps · 2
- Prior employers, tenure and individual financial reporting outcomes are not independently established.
- Professional accountancy status was not verified with its issuing body.
Company ownership
Investors & shareholders
Top registered shareholders
Register at 2026-07-31 · 529,456,506 issued shares
| # | Investor / registered holder | % issued shares | Shares held |
|---|---|---|---|
| 1 | 28.73% | 152,137,280 | |
| 2 | 19.96% | 105,692,420 | |
| 3 | 15.66% | 82,898,128 | |
| 4 | 12.70% | 67,228,205 | |
| 5 | 2.11% | 11,174,993 | |
| 6 | 1.70% | 8,986,064 | |
| 7 | 0.77% | 4,091,225 | |
| 8 | 0.73% | 3,851,932 | |
| 9 | 0.39% | 2,076,904 | |
| 10 | 0.26% | 1,380,488 | |
| 11 | 0.24% | 1,259,752 | |
| 12 | 0.23% | 1,230,412 | |
| 13 | 0.19% | 1,000,000 | |
| 14 | 0.17% | 888,308 | |
| 15 | 0.16% | 842,370 | |
| 16 | 0.16% | 832,705 | |
| 17 | 0.13% | 668,629 | |
| 18 | 0.11% | 600,000 | |
| 19 | 0.11% | 593,118 | |
| 20 | 0.11% | 579,297 |
Disclosed substantial holders
Latest reviewed disclosure for each holder or reporting group
| Investor / reported group | Disclosed holding | Holding at |
|---|---|---|
| 19.96%Issued shares | 2026-07-31 | |
| 7.09%Voting power | 2024-09-05 | |
| 6.03%Voting power | 2026-05-06 | |
| 5.10%Voting power | 2026-09-04 |
Sources & review notesEvidence checked through 2026-10-31
Coverage and limitations
- State Street ceased being a substantial holder on 28 October 2026; that does not establish a zero holding.
- BlackRock ceased to be a substantial holder on 20 August 2026; the image-only primary notice was visually checked and does not establish a zero holding.
- Nominee account rows and substantial-group interests can overlap and must not be summed; nominee rows do not establish beneficial owners.
- Two HSBC rows have identical names in the issuer table; rank annotations distinguish the source rows without asserting account identifiers.
- Historical disclosed percentages are not current measurements. ASX disclosure thresholds and unavailable visual extraction limit completeness.
Sources
- Annual Report 2026 and Appendix 4E
Deterra Royalties Limited via ASX · Published 2026-08-18 · Accessed 2026-10-31
Top-20 register on 31 July 2026 and dates of prior substantial-holder notices.
downloads/DRR/2026/2026-08-18_Annual Report 2026 and Appendix 4E_d8103b639bd963a9.pdf, PDF pages 106–107
- Schroder change in substantial holding
Schroder via Deterra Royalties · Published 2024-09-10 · Accessed 2026-10-31
37,488,502 shares and 7.09% voting power after change on 5 September 2024.
Form 604 page 1
- Vanguard change in substantial holding
Vanguard Group via ASX · Published 2026-05-12 · Accessed 2026-10-31
31,940,380 shares and 6.033% voting power after change on 6 May 2026.
downloads/DRR/2026/2026-05-12_Change in substantial holding_efd32256cf9421ea.pdf, page 1
- Aware Super becoming a substantial holder
Aware Super via ASX · Published 2026-09-09 · Accessed 2026-10-31
27,007,430 shares and 5.10% voting power at 4 September 2026.
downloads/DRR/2026/2026-09-09_Becoming a substantial holder_9643b5f7bf10527f.pdf, page 1
- State Street ceasing to be a substantial holder
State Street via ASX · Published 2026-10-30 · Accessed 2026-10-31
State Street reports ceasing to be substantial on 28 October 2026; does not establish zero ownership.
downloads/DRR/2026/2026-10-30_Ceasing to be a substantial holder_2d87c4a16f8b2e3e.pdf, page 1
- BlackRock ceasing to be a substantial holder
BlackRock Group via ASX · Published 2026-08-24 · Accessed 2026-10-31
BlackRock ceased substantial status on 20 August 2026; no zero holding is inferred.
downloads/DRR/2026/2026-08-24_Ceasing to be a substantial holder_924c26057a0427cd.pdf, page 1, visually reviewed
Disclosed activity
Insider transactions
Trading activity30 buys · 0 sells shownNet cash last 12 months A$16.1kShow chartHide chart
On-market buyPlacement / plan subscriptionSaleMarker size = cash valueGrant, exercise, expiry or transferBars: cash bought (up) and sold (down) per month
| Date | Person / account | Activity / security | Quantity | Cash consideration | Price | Holding after |
|---|---|---|---|---|---|---|
| 2026-09-22 | Jennifer SeabrookJennifer Seabrook super fund (name not disclosed)
Details & evidence for Jennifer Seabrook on 2026-09-22Shares acquired under dividend reinvestment plan at disclosed $4.04 per share; this is not an on-market cash purchase. As disclosed: Shares acquired under dividend reinvestment plan at disclosed $4.04 per share; this is not an on-market cash purchase.
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ Change of Director's Interest Notice - J Seabrook ↗ | SubscriptionOrdinary fully paid shares | 605 | —Non Cash | AUD 4.04Disclosed price | 23,243 |
| 2026-09-22 | Jennifer SeabrookJennifer Seabrook spouse-related interest (name not disclosed)
Details & evidence for Jennifer Seabrook on 2026-09-22Shares acquired under dividend reinvestment plan at disclosed $4.04 per share; this is not an on-market cash purchase. As disclosed: Shares acquired under dividend reinvestment plan at disclosed $4.04 per share; this is not an on-market cash purchase.
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ Change of Director's Interest Notice - J Seabrook ↗ | SubscriptionOrdinary fully paid shares | 268 | —Non Cash | AUD 4.04Disclosed price | 10,278 |
| 2026-09-22 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2026-09-22Shares acquired under dividend reinvestment plan at disclosed $4.04 per share; this is not an on-market cash purchase. As disclosed: Shares acquired under dividend reinvestment plan at disclosed $4.04 per share; this is not an on-market cash purchase.
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ Change of Director's Interest Notice - J Seabrook ↗ | SubscriptionOrdinary fully paid shares | 2,693 | —Non Cash | AUD 4.04Disclosed price | 103,419 |
| 2026-03-24 | Jennifer SeabrookSuper-fund account reported by Jennifer Seabrook (fund not named)
Details & evidence for Jennifer Seabrook on 2026-03-24The notice reports participation in the Company's Dividend Reinvestment Plan. The super fund and registered account are not named. The cash amount is calculated from 637 shares at the disclosed A$4.28 per-share DRP price. As disclosed: 637 indirect super-fund shares acquired; Dividend Reinvestment Plan Price of $4.28 per share ($16,071.40 in aggregate); Participation in the Company's Dividend Reinvestment Plan
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ Change of Director's Interest Notice - J Seabrook ↗ | Subscriptionordinary fully paid shares | 637 | AUD 2,726.36 | AUD 4.28Disclosed price | 22,638 |
| 2026-03-24 | Jennifer SeabrookSpouse account reported by Jennifer Seabrook (identity not disclosed)
Details & evidence for Jennifer Seabrook on 2026-03-24The notice reports participation in the Company's Dividend Reinvestment Plan. The spouse and registered account are not named. The cash amount is calculated from 282 shares at the disclosed A$4.28 per-share DRP price. As disclosed: 282 indirect spouse shares acquired; Dividend Reinvestment Plan Price of $4.28 per share ($16,071.40 in aggregate); Participation in the Company's Dividend Reinvestment Plan
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ Change of Director's Interest Notice - J Seabrook ↗ | Subscriptionordinary fully paid shares | 282 | AUD 1,206.96 | AUD 4.28Disclosed price | 10,010 |
| 2026-03-24 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2026-03-24The notice reports participation in the Company's Dividend Reinvestment Plan. The cash amount is calculated from 2,836 shares at the disclosed A$4.28 per-share DRP price. As disclosed: 2,836 direct shares acquired; Dividend Reinvestment Plan Price of $4.28 per share ($16,071.40 in aggregate); Participation in the Company's Dividend Reinvestment Plan
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ Change of Director's Interest Notice - J Seabrook ↗ | Subscriptionordinary fully paid shares | 2,836 | AUD 12,138.08 | AUD 4.28Disclosed price | 100,726 |
| 2025-11-03 | Leanne HeywoodMileberada Pty Ltd
Details & evidence for Leanne Heywood on 2025-11-03Purchases were made by Mileberada Pty Ltd as trustee for the Heywood Family Trust; Ms Heywood is a director of Mileberada and a beneficiary of the trust. As disclosed: 3,000 shares acquired; $12,239.41; On-market trades
director · Start not disclosed Mileberada Pty Ltd · director of trustee company for the Heywood Family Trust Heywood Family Trust · beneficiary of the trust Change of Director's Interest Notice - L Heywood ↗ Change of Director's Interest Notice - L Heywood ↗ | Purchaseordinary fully paid shares | 3,000 | AUD 12,239.41 | AUD 4.079803Calculated average | 11,000 |
| 2025-09-30 | Alexander Morrison
Details & evidence for Alexander Morrison on 2025-09-30The notice separately reports 22,000 ordinary shares held by the Alexander and Roberta Morrison Revocable Living Trust; the trust interest did not change. As disclosed: 10,000 direct shares acquired; $39,800; On-market trade
director · Start not disclosed Alexander and Roberta Morrison Revocable Living Trust · trustee of the trust Change of Director's Interest Notice - A Morrison ↗ Change of Director's Interest Notice - A Morrison ↗ | Purchaseordinary fully paid shares | 10,000 | AUD 39,800.00 | AUD 3.98Calculated average | 12,700 |
| 2025-09-23 | Jennifer SeabrookSuper-fund account reported by Jennifer Seabrook (fund not named)
Details & evidence for Jennifer Seabrook on 2025-09-23The fund and registered account are not named. Per-account cash is calculated at the expressly disclosed A$4.14 DRP price. As disclosed: 670 indirect super-fund shares acquired; Dividend Reinvestment Plan Price of $4.14 per share ($16,336.44 in aggregate); Participation in the Company's Dividend Reinvestment Plan
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ Change of Director's Interest Notice - J Seabrook ↗ | Subscriptionordinary fully paid shares | 670 | AUD 2,773.80 | AUD 4.14Disclosed price | 22,001 |
| 2025-09-23 | Jennifer SeabrookSpouse account reported by Jennifer Seabrook (identity not disclosed)
Details & evidence for Jennifer Seabrook on 2025-09-23The spouse and registered account are not named. Per-account cash is calculated at the expressly disclosed A$4.14 DRP price. As disclosed: 296 indirect spouse shares acquired; Dividend Reinvestment Plan Price of $4.14 per share ($16,336.44 in aggregate); Participation in the Company's Dividend Reinvestment Plan
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ Change of Director's Interest Notice - J Seabrook ↗ | Subscriptionordinary fully paid shares | 296 | AUD 1,225.44 | AUD 4.14Disclosed price | 9,728 |
| 2025-09-23 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2025-09-23The director participated in the Company's Dividend Reinvestment Plan. Per-account cash is calculated at the expressly disclosed A$4.14 DRP price. As disclosed: 2,980 direct shares acquired; Dividend Reinvestment Plan Price of $4.14 per share ($16,336.44 in aggregate); Participation in the Company's Dividend Reinvestment Plan
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ Change of Director's Interest Notice - J Seabrook ↗ | Subscriptionordinary fully paid shares | 2,980 | AUD 12,337.20 | AUD 4.14Disclosed price | 97,890 |
| 2025-08-20to 2025-08-25 | Julian Andrews
Details & evidence for Julian Andrews on 2025-08-20The notice lists changes on 20 August and 25 August 2025 but does not map each change to a day. As disclosed: Grant of 28,112 share rights as part of the outcome of the FY25 Short Term Incentive Plan.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ Change of Director's Interest Notice - J Andrews ↗ | Grantshare rights | 28,112 | —Non Cash | — | 137,517 |
| 2025-08-20to 2025-08-25 | Julian Andrews
Details & evidence for Julian Andrews on 2025-08-20The notice lists changes on 20 August and 25 August 2025 but does not map each change to a day. The lapse followed testing of performance conditions for the period ending 30 June 2025. As disclosed: Lapse of 198,645 performance rights following testing of the performance conditions in respect of the period ending 30 June 2025.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ Change of Director's Interest Notice - J Andrews ↗ | Expiryperformance rights | 198,645 | —Non Cash | — | 512,093 |
| 2025-05-28 | Alexander Morrison
Details & evidence for Alexander Morrison on 2025-05-28The notice reports 22,000 shares held by a trust for which Mr Morrison is a trustee; no change to the trust's position is reported. As disclosed: 2,700 direct shares acquired; $10,152; On-market trade
director · Start not disclosed Alexander and Roberta Morrison Revocable Living Trust · trustee of the trust Change of Director's Interest Notice - A Morrison ↗ Change of Director's Interest Notice - A Morrison ↗ | Purchaseordinary fully paid shares | 2,700 | AUD 10,152.00 | AUD 3.76Calculated average | 2,700 |
| 2025-04-17to 2025-04-22 | Leanne HeywoodMileberada Pty Ltd
Details & evidence for Leanne Heywood on 2025-04-17The source reports two purchase dates but does not allocate quantities or cash by date; one event covers the stated period. As disclosed: 6,500 shares acquired; $22,722.59; On-market trades; dates 17 April 2025 and 22 April 2025
director · Start not disclosed Mileberada Pty Ltd · director of trustee company for the Heywood Family Trust Heywood Family Trust · beneficiary of the trust Change of Director's Interest Notice - L Heywood ↗ Change of Director's Interest Notice - L Heywood ↗ | Purchaseordinary fully paid shares | 6,500 | AUD 22,722.59 | AUD 3.495783Calculated average | 8,000 |
| 2025-03-25 | Jennifer SeabrookSuper-fund account reported by Jennifer Seabrook (fund not named)
Details & evidence for Jennifer Seabrook on 2025-03-25The fund and registered account are not named. Per-account cash is calculated at the expressly disclosed A$3.60 DRP price. As disclosed: 520 indirect super-fund shares acquired; Dividend Reinvestment Plan Price of $3.60 per share ($10,155.60 in aggregate); Participation in the Company's Dividend Reinvestment Plan
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ Change of Director's Interest Notice - J Seabrook ↗ | Subscriptionordinary fully paid shares | 520 | AUD 1,872.00 | AUD 3.6Disclosed price | 21,331 |
| 2025-03-25 | Jennifer SeabrookSpouse account reported by Jennifer Seabrook (identity not disclosed)
Details & evidence for Jennifer Seabrook on 2025-03-25The spouse and registered account are not named. Per-account cash is calculated at the expressly disclosed A$3.60 DRP price. As disclosed: 230 indirect spouse shares acquired; Dividend Reinvestment Plan Price of $3.60 per share ($10,155.60 in aggregate); Participation in the Company's Dividend Reinvestment Plan
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ Change of Director's Interest Notice - J Seabrook ↗ | Subscriptionordinary fully paid shares | 230 | AUD 828.00 | AUD 3.6Disclosed price | 9,432 |
| 2025-03-25 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2025-03-25The notice reports participation in the Company's Dividend Reinvestment Plan. Per-account cash is calculated at the expressly disclosed A$3.60 DRP price. As disclosed: 2,071 direct shares acquired; Dividend Reinvestment Plan Price of $3.60 per share ($10,155.60 in aggregate); Participation in the Company's Dividend Reinvestment Plan
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ Change of Director's Interest Notice - J Seabrook ↗ | Subscriptionordinary fully paid shares | 2,071 | AUD 7,455.60 | AUD 3.6Disclosed price | 94,910 |
| 2025-03-24 | Jason Neal
Details & evidence for Jason Neal on 2025-03-24As disclosed: 2,000 ordinary shares acquired; $7,240; On-market trade
director · Start not disclosed Change of Director's Interest Notice - J Neal ↗ Change of Director's Interest Notice - J Neal ↗ | Purchaseordinary fully paid shares | 2,000 | AUD 7,240.00 | AUD 3.62Calculated average | 39,000 |
| 2025-02-28 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2025-02-28As disclosed: 10,000 direct shares acquired; $35,689.69; On-market purchase
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ Change of Director's Interest Notice - J Seabrook ↗ | Purchaseordinary fully paid shares | 10,000 | AUD 35,689.69 | AUD 3.568969Calculated average | 92,839 |
| 2025-02-27to 2025-02-28 | Graeme DevlinGreystone & Menzies Pty Ltd
Details & evidence for Graeme Devlin on 2025-02-27The notice reports two trade dates but provides no per-date allocation of quantities or cash; one aggregate dated-range event is retained. As disclosed: 20,010 shares acquired; $71,919; On-market trades; 27 February 2025 and 28 February 2025
director · Start not disclosed Greystone & Menzies Pty Ltd · shares held through company acting as trustee for the family trust Carolyne and Graeme Devlin Family Trust · trustee and beneficiary Change of Director's Interest Notice - G Devlin ↗ Change of Director's Interest Notice - G Devlin ↗ | Purchaseordinary fully paid shares | 20,010 | AUD 71,919.00 | AUD 3.594153Calculated average | 75,010 |
| 2024-11-28 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2024-11-28As disclosed: 10,000 direct shares acquired; $37,093.95; On-market purchase
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ Change of Director's Interest Notice - J Seabrook ↗ | Purchaseordinary fully paid shares | 10,000 | AUD 37,093.95 | AUD 3.709395Calculated average | 82,839 |
| 2024-10-29 | Julian Andrews
Details & evidence for Julian Andrews on 2024-10-29Employee Incentive Plan grant; the notice does not state the rights' vesting conditions or expiry terms. As disclosed: Grant of 219,644 performance rights in accordance with the Employee Incentive Plan.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ Change of Director's Interest Notice - J Andrews ↗ | Grantperformance rights | 219,644 | —Non Cash | — | 710,738 |
| 2024-09-24 | Jennifer SeabrookSuper-fund account reported by Jennifer Seabrook (fund not named)
Details & evidence for Jennifer Seabrook on 2024-09-24Fund identity and registered account are not named; consideration calculated at the disclosed per-share price. As disclosed: 811 indirect super-fund shares acquired; A$3.55 per share under the Company's Dividend Reinvestment Plan
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ Change of Director's Interest Notice - J Seabrook ↗ | Subscriptionordinary fully paid shares | 811 | AUD 2,879.05 | AUD 3.55Disclosed price | 20,811 |
| 2024-09-24 | Jennifer SeabrookSpouse account reported by Jennifer Seabrook (identity not disclosed)
Details & evidence for Jennifer Seabrook on 2024-09-24Spouse identity and registered account are not named; consideration calculated at the disclosed per-share price. As disclosed: 202 indirect spouse shares acquired; A$3.55 per share under the Company's Dividend Reinvestment Plan
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ Change of Director's Interest Notice - J Seabrook ↗ | Subscriptionordinary fully paid shares | 202 | AUD 717.10 | AUD 3.55Disclosed price | 9,202 |
| 2024-09-24 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2024-09-24Participation in the Company dividend reinvestment plan; per-account cash is calculated from the disclosed A$3.55 share price. As disclosed: 2,839 direct shares, 202 indirect spouse shares and 811 indirect super-fund shares acquired at Dividend Reinvestment Plan Price of $3.55 per share ($13,674.60 in aggregate).
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ Change of Director's Interest Notice - J Seabrook ↗ | Subscriptionordinary fully paid shares | 2,839 | AUD 10,078.45 | AUD 3.55Disclosed price | 72,839 |
| 2024-09-05 | Jennifer SeabrookSpouse account reported by Jennifer Seabrook (identity not disclosed)
Details & evidence for Jennifer Seabrook on 2024-09-05The reported trade was made by the director's spouse; spouse identity and registered account are not disclosed. As disclosed: 4,000 indirect spouse shares acquired; $13,541; Spouse on-market purchase
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ Change of Director's Interest Notice - J Seabrook ↗ | Purchaseordinary fully paid shares | 4,000 | AUD 13,541.00 | AUD 3.38525Calculated average | 9,000 |
| 2024-08-21 | Julian AndrewsDeborah Andrews
Details & evidence for Julian Andrews on 2024-08-21This is the spouse's on-market purchase, reported as the director's indirect interest. The notice does not name the spouse; Deborah Andrews is identified in the later final director notice. As disclosed: Spouse on-market purchase of 38,012 ordinary fully paid shares; consideration of $146,346.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ Change of Director's Interest Notice - J Andrews ↗ | Purchaseordinary fully paid shares | 38,012 | AUD 146,346.00 | AUD 3.849995Calculated average | 38,012 |
| 2024-08-21 | Julian Andrews
Details & evidence for Julian Andrews on 2024-08-21The notice does not state vesting or expiry terms for these share rights. As disclosed: Grant of 43,929 share rights as part of the outcome of the FY24 Short Term Incentive Plan.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ Change of Director's Interest Notice - J Andrews ↗ | Grantshare rights | 43,929 | —Non Cash | — | 109,405 |
| 2024-08-21 | Julian Andrews
Details & evidence for Julian Andrews on 2024-08-21The rights lapsed following testing of performance conditions for the period ending 30 June 2024. As disclosed: Lapse of 95,550 performance rights following testing of the performance conditions in respect of the period ending 30 June 2024.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ Change of Director's Interest Notice - J Andrews ↗ | Expiryperformance rights | 95,550 | —Non Cash | — | 491,094 |
| 2024-06-20 | Jason Neal
Details & evidence for Jason Neal on 2024-06-20As disclosed: 23,000 shares acquired; $95,696; On-market trade
director · Start not disclosed Change of Director's Interest Notice - J Neal ↗ Change of Director's Interest Notice - J Neal ↗ | Purchaseordinary fully paid shares | 23,000 | AUD 95,696.00 | AUD 4.160696Calculated average | 37,000 |
| 2024-06-20 | Graeme DevlinGreystone & Menzies Pty Ltd
Details & evidence for Graeme Devlin on 2024-06-20The shares are held indirectly through the family trust, with Greystone & Menzies Pty Ltd as trustee. As disclosed: 15,000 shares acquired; $62,100; On-market trade
director · Start not disclosed Greystone & Menzies Pty Ltd · shares held through company acting as trustee for the family trust Carolyne and Graeme Devlin Family Trust · trustee and beneficiary Change of Director's Interest Notice - G Devlin ↗ Change of Director's Interest Notice - G Devlin ↗ | Purchaseordinary fully paid shares | 15,000 | AUD 62,100.00 | AUD 4.14Calculated average | 55,000 |
| 2024-06-19 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2024-06-19As disclosed: 16,224 direct shares acquired; $66,762; On-market purchase
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ Change of Director's Interest Notice - J Seabrook ↗ | Purchaseordinary fully paid shares | 16,224 | AUD 66,762.00 | AUD 4.115015Calculated average | 70,000 |
| 2024-03-08 | Julian AndrewsDaughter's trust account controlled by Julian Andrews (not named)
Details & evidence for Julian Andrews on 2024-03-08The shares were held by Mr Andrews as trustee for his daughter. The transfer ended his indirect interest; the beneficiary's name and subsequent holding account are not disclosed. As disclosed: Cessation of indirect interest following distribution of 5,050 ordinary fully paid shares held on trust to beneficiary.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ Change of Director's Interest Notice - J Andrews ↗ | Transfer Outordinary fully paid shares | 5,050 | —Non Cash | — | 0 |
| 2024-01-24 | Jennifer SeabrookJennifer Seabrook power-of-attorney interest (underlying holder not identified)
Details & evidence for Jennifer Seabrook on 2024-01-24This records the director's indirect power-of-attorney interest ending. The notice does not name the underlying registered holder or provide other beneficiaries' allocations. As disclosed: 24,000 indirect shares disposed; lapse of power of attorney and distribution of assets to beneficiaries following grant of probate.
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ Change of Director's Interest Notice - J Seabrook ↗ | Transfer Outordinary fully paid shares | 24,000 | —Non Cash | — | 0 |
| 2024-01-24 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2024-01-24The filing describes distribution of assets following grant of probate; this direct acquisition is non-cash. It does not state that this 8,000-share receipt is the sole destination of the separate 24,000-share power-of-attorney interest. As disclosed: 8,000 direct ordinary shares acquired; Nil consideration; lapse of power of attorney and distribution of assets to beneficiaries following grant of probate.
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ Change of Director's Interest Notice - J Seabrook ↗ | Transfer Inordinary fully paid shares | 8,000 | —Non Cash | — | 53,776 |
| 2023-11-01 | Julian Andrews
Details & evidence for Julian Andrews on 2023-11-01The notice does not state vesting conditions or expiry terms for the performance rights. As disclosed: Grant of 196,898 performance rights in accordance with the Employee Incentive Plan.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ Change of Director's Interest Notice - J Andrews ↗ | Grantperformance rights | 196,898 | —Non Cash | — | 586,644 |
| 2023-08-17 | Jason Neal
Details & evidence for Jason Neal on 2023-08-17As disclosed: 9,000 ordinary shares acquired; $40,630; On-market trade
director · Start not disclosed Change of Director's Interest Notice - J Neal ↗ Change of Director's Interest Notice - J Neal ↗ | Purchaseordinary fully paid shares | 9,000 | AUD 40,630.00 | AUD 4.514444Calculated average | 14,000 |
| 2023-08-16 | Julian Andrews
Details & evidence for Julian Andrews on 2023-08-16The notice does not state vesting or expiry terms for the share rights. As disclosed: Grant of 33,692 share rights as part of the outcome of the FY23 Short Term Incentive Plan.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ Change of Director's Interest Notice - J Andrews ↗ | Grantshare rights | 33,692 | —Non Cash | — | 65,476 |
| 2023-08-16 | Julian Andrews
Details & evidence for Julian Andrews on 2023-08-16Ordinary shares issued on exercise of 72,507 performance rights; no cash consideration stated. As disclosed: Vesting and exercise of 72,507 performance rights.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ Change of Director's Interest Notice - J Andrews ↗ | Exerciseordinary fully paid shares | 72,507 | —Non Cash | — | 194,366 |
| 2023-08-16 | Julian Andrews
Details & evidence for Julian Andrews on 2023-08-16The source reports same-day exercise and lapse of performance rights but does not state an intermediate balance after each change. As disclosed: Vesting and exercise of 72,507 performance rights.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ Change of Director's Interest Notice - J Andrews ↗ | Exerciseperformance rights | 72,507 | —Non Cash | — | — |
| 2023-08-16 | Julian Andrews
Details & evidence for Julian Andrews on 2023-08-16The notice does not give an intermediate rights balance after the same-day exercise and lapse. As disclosed: Lapse of 120,381 performance rights following testing of the performance conditions in respect of the period ending 30 June 2023.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ Change of Director's Interest Notice - J Andrews ↗ | Expiryperformance rights | 120,381 | —Non Cash | — | — |
| 2023-03-01 | Julian Andrews
Details & evidence for Julian Andrews on 2023-03-01The shares were previously issued under demerger remuneration arrangements; the notice reports lifting of restrictions rather than a new share acquisition. As disclosed: Lifting of restrictions attaching to 13,676 Restricted Shares issued to Mr Andrews in accordance with remuneration arrangements agreed in connection with the demerger of Deterra from Iluka Resources Limited.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ Change of Director's Interest Notice - J Andrews ↗ | Vestingrestricted shares | 13,676 | —Non Cash | — | 0 |
| 2023-03-01 | Julian Andrews
Details & evidence for Julian Andrews on 2023-03-01The increased unrestricted ordinary-share balance corresponds to lifting restrictions on 13,676 already-issued shares; it is not a second economic acquisition. As disclosed: Lifting of restrictions attaching to 13,676 Restricted Shares.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ Change of Director's Interest Notice - J Andrews ↗ | Vestingordinary fully paid shares | 13,676 | —Non Cash | — | 121,859 |
| 2023-02-24 | Jason Neal
Details & evidence for Jason Neal on 2023-02-24As disclosed: 5,000 ordinary shares acquired; $22,900; On-market trade
director · Start not disclosed Change of Director's Interest Notice - J Neal ↗ Change of Director's Interest Notice - J Neal ↗ | Purchaseordinary fully paid shares | 5,000 | AUD 22,900.00 | AUD 4.58Calculated average | 5,000 |
| 2023-02-17 | Julian Andrews
Details & evidence for Julian Andrews on 2023-02-17Ordinary shares issued when performance rights were exercised; no cash consideration stated. As disclosed: Vesting and exercise of 14,403 performance rights.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ Change of Director's Interest Notice - J Andrews ↗ | Exerciseordinary fully paid shares | 14,403 | —Non Cash | — | 108,183 |
| 2023-02-17 | Julian Andrews
Details & evidence for Julian Andrews on 2023-02-17The notice reports the same-day exercise and lapse of rights but does not state an intermediate rights balance. As disclosed: Vesting and exercise of 14,403 performance rights.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ Change of Director's Interest Notice - J Andrews ↗ | Exerciseperformance rights | 14,403 | —Non Cash | — | — |
| 2023-02-17 | Julian Andrews
Details & evidence for Julian Andrews on 2023-02-17No intermediate balance after the same-day exercise and lapse is disclosed. As disclosed: Lapse of 14,403 Performance Rights in accordance with Employee Incentive Plan.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ Change of Director's Interest Notice - J Andrews ↗ | Expiryperformance rights | 14,403 | —Non Cash | — | — |
Disclosed holding observations79 dated positions
Initial, final and threshold notices describe positions; these are not counted as purchases or sales.
| Holding at | Person / group | Type / security | Quantity | Percentage |
|---|---|---|---|---|
| 2026-10-19 | Alexander Morrison
Details & evidence for Alexander Morrison on 2026-10-19Position at director departure; not an inferred transaction.
director · Start not disclosed Alexander and Roberta Morrison Revocable Living Trust · trustee of the trust Final Director's Interest Notice - A Morrison ↗ | FinalOrdinary fully paid shares | 12,700 | — |
| 2026-10-19 | Alexander Morrison
Details & evidence for Alexander Morrison on 2026-10-19Position at director departure; not an inferred transaction.
director · Start not disclosed Alexander and Roberta Morrison Revocable Living Trust · trustee of the trust Final Director's Interest Notice - A Morrison ↗ | FinalOrdinary fully paid shares | 22,000 | — |
| 2026-03-24 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2026-03-24
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ | Positionordinary fully paid shares | 100,726 | — |
| 2026-03-24 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2026-03-24Spouse account is not named in the notice.
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ | Positionordinary fully paid shares | 10,010 | — |
| 2026-03-24 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2026-03-24Super-fund account is not named in the notice.
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ | Positionordinary fully paid shares | 22,638 | — |
| 2025-11-28 | Julian Andrews
Details & evidence for Julian Andrews on 2025-11-28Final director-interest position; no transaction is disclosed by this notice.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Final Director's Interest Notice - J Andrews ↗ | Finalordinary fully paid shares | 194,366 | — |
| 2025-11-28 | Julian Andrews
Details & evidence for Julian Andrews on 2025-11-28Final director-interest position; terms are not restated in the final notice.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Final Director's Interest Notice - J Andrews ↗ | Finalperformance rights | 512,093 | — |
| 2025-11-28 | Julian Andrews
Details & evidence for Julian Andrews on 2025-11-28Final director-interest position; terms are not restated in the final notice.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Final Director's Interest Notice - J Andrews ↗ | Finalshare rights | 137,517 | — |
| 2025-11-28 | Julian Andrews
Details & evidence for Julian Andrews on 2025-11-28Final indirect director-interest position reported through spouse.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Final Director's Interest Notice - J Andrews ↗ | Finalordinary fully paid shares | 38,012 | — |
| 2025-11-03 | Leanne Heywood
Details & evidence for Leanne Heywood on 2025-11-03Indirect interest through the Heywood Family Trust, for which Mileberada Pty Ltd is trustee.
director · Start not disclosed Mileberada Pty Ltd · director of trustee company for the Heywood Family Trust Heywood Family Trust · beneficiary of the trust Change of Director's Interest Notice - L Heywood ↗ | Positionordinary fully paid shares | 11,000 | — |
| 2025-09-30 | Alexander Morrison
Details & evidence for Alexander Morrison on 2025-09-30
director · Start not disclosed Alexander and Roberta Morrison Revocable Living Trust · trustee of the trust Change of Director's Interest Notice - A Morrison ↗ | Positionordinary fully paid shares | 12,700 | — |
| 2025-09-30 | Alexander Morrison
Details & evidence for Alexander Morrison on 2025-09-30Trust interest was unchanged at 22,000 shares.
director · Start not disclosed Alexander and Roberta Morrison Revocable Living Trust · trustee of the trust Change of Director's Interest Notice - A Morrison ↗ | Positionordinary fully paid shares | 22,000 | — |
| 2025-09-23 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2025-09-23
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ | Positionordinary fully paid shares | 97,890 | — |
| 2025-09-23 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2025-09-23Spouse account is unnamed in the notice.
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ | Positionordinary fully paid shares | 9,728 | — |
| 2025-09-23 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2025-09-23Super-fund account is unnamed in the notice.
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ | Positionordinary fully paid shares | 22,001 | — |
| 2025-08-30 | Julian Andrews
Details & evidence for Julian Andrews on 2025-08-30The AGM notice distinguishes the 137,517 Share Rights previously issued from the 50,076 still subject to service conditions after 87,441 had vested. The quantities reconcile arithmetically; the notice does not state when the vesting occurred. Position only; no vesting event is inferred.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Notice of 2025 Annual General Meeting/Proxy Form ↗ Change of Director's Interest Notice - J Andrews ↗ | Positionshare rights subject to service conditions | 50,076 | — |
| 2025-08-25 | Julian Andrews
Details & evidence for Julian Andrews on 2025-08-25
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionordinary fully paid shares | 194,366 | — |
| 2025-08-25 | Julian Andrews
Details & evidence for Julian Andrews on 2025-08-25
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionperformance rights | 512,093 | — |
| 2025-08-25 | Julian Andrews
Details & evidence for Julian Andrews on 2025-08-25
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionshare rights | 137,517 | — |
| 2025-08-25 | Julian Andrews
Details & evidence for Julian Andrews on 2025-08-25
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionordinary fully paid shares | 38,012 | — |
| 2025-05-28 | Alexander Morrison
Details & evidence for Alexander Morrison on 2025-05-28
director · Start not disclosed Alexander and Roberta Morrison Revocable Living Trust · trustee of the trust Change of Director's Interest Notice - A Morrison ↗ | Positionordinary fully paid shares | 2,700 | — |
| 2025-05-28 | Alexander Morrison
Details & evidence for Alexander Morrison on 2025-05-28Trust position unchanged.
director · Start not disclosed Alexander and Roberta Morrison Revocable Living Trust · trustee of the trust Change of Director's Interest Notice - A Morrison ↗ | Positionordinary fully paid shares | 22,000 | — |
| 2025-04-22 | Leanne Heywood
Details & evidence for Leanne Heywood on 2025-04-22Indirect interest through the Heywood Family Trust, for which Mileberada Pty Ltd is trustee.
director · Start not disclosed Mileberada Pty Ltd · director of trustee company for the Heywood Family Trust Heywood Family Trust · beneficiary of the trust Change of Director's Interest Notice - L Heywood ↗ | Positionordinary fully paid shares | 8,000 | — |
| 2025-04-16 | Alexander Morrison
Details & evidence for Alexander Morrison on 2025-04-16Initial director-interest position. The notice says Mr Morrison is a trustee of the trust.
director · Start not disclosed Alexander and Roberta Morrison Revocable Living Trust · trustee of the trust Initial Director's Interest Notice - A Morrison ↗ | Initialordinary fully paid shares | 22,000 | — |
| 2025-04-16 | Leanne Heywood
Details & evidence for Leanne Heywood on 2025-04-16Initial director-interest position; Ms Heywood is identified as director of Mileberada Pty Ltd and beneficiary of the trust.
director · Start not disclosed Mileberada Pty Ltd · director of trustee company for the Heywood Family Trust Heywood Family Trust · beneficiary of the trust Initial Director's Interest Notice - L Heywood ↗ | Initialordinary fully paid shares | 1,500 | — |
| 2025-03-25 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2025-03-25
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ | Positionordinary fully paid shares | 94,910 | — |
| 2025-03-25 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2025-03-25Spouse account is unnamed in the notice.
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ | Positionordinary fully paid shares | 9,432 | — |
| 2025-03-25 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2025-03-25Super-fund account is unnamed in the notice.
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ | Positionordinary fully paid shares | 21,331 | — |
| 2025-03-24 | Jason Neal
Details & evidence for Jason Neal on 2025-03-24
director · Start not disclosed Change of Director's Interest Notice - J Neal ↗ | Positionordinary fully paid shares | 39,000 | — |
| 2025-02-28 | Graeme Devlin
Details & evidence for Graeme Devlin on 2025-02-28Indirect interest through the Carolyne and Graeme Devlin Family Trust, with Greystone & Menzies Pty Ltd as trustee.
director · Start not disclosed Greystone & Menzies Pty Ltd · shares held through company acting as trustee for the family trust Carolyne and Graeme Devlin Family Trust · trustee and beneficiary Change of Director's Interest Notice - G Devlin ↗ | Positionordinary fully paid shares | 75,010 | — |
| 2025-02-28 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2025-02-28
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ | Positionordinary fully paid shares | 92,839 | — |
| 2024-11-28 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2024-11-28
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ | Positionordinary fully paid shares | 82,839 | — |
| 2024-11-28 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2024-11-28Spouse and account identity not disclosed.
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ | Positionordinary fully paid shares | 9,202 | — |
| 2024-11-28 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2024-11-28Fund and account identity not disclosed.
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ | Positionordinary fully paid shares | 20,811 | — |
| 2024-10-29 | Julian Andrews
Details & evidence for Julian Andrews on 2024-10-29
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionordinary fully paid shares | 194,366 | — |
| 2024-10-29 | Julian Andrews
Details & evidence for Julian Andrews on 2024-10-29
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionperformance rights | 710,738 | — |
| 2024-10-29 | Julian Andrews
Details & evidence for Julian Andrews on 2024-10-29
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionshare rights | 109,405 | — |
| 2024-10-29 | Julian Andrews
Details & evidence for Julian Andrews on 2024-10-29
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionordinary fully paid shares | 38,012 | — |
| 2024-09-24 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2024-09-24
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ | Positionordinary fully paid shares | 72,839 | — |
| 2024-09-24 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2024-09-24
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ | Positionordinary fully paid shares | 9,202 | — |
| 2024-09-24 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2024-09-24
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ | Positionordinary fully paid shares | 20,811 | — |
| 2024-09-05 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2024-09-05Spouse identity and registered account are not disclosed.
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ | Positionordinary fully paid shares | 9,000 | — |
| 2024-08-30 | Julian Andrews
Details & evidence for Julian Andrews on 2024-08-30The notice reports 109,405 Share Rights previously issued and 48,630 vested by 30 August 2024, leaving 60,775 subject to service conditions. Position only; no vesting date or event is inferred.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Notice of 2024 Annual General Meeting/Proxy Form ↗ Change of Director's Interest Notice - J Andrews ↗ | Positionshare rights subject to service conditions | 60,775 | — |
| 2024-08-21 | Julian Andrews
Details & evidence for Julian Andrews on 2024-08-21
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionordinary fully paid shares | 194,366 | — |
| 2024-08-21 | Julian Andrews
Details & evidence for Julian Andrews on 2024-08-21
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionperformance rights | 491,094 | — |
| 2024-08-21 | Julian Andrews
Details & evidence for Julian Andrews on 2024-08-21
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionshare rights | 109,405 | — |
| 2024-08-21 | Julian Andrews
Details & evidence for Julian Andrews on 2024-08-21
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionordinary fully paid shares | 38,012 | — |
| 2024-06-20 | Graeme Devlin
Details & evidence for Graeme Devlin on 2024-06-20Indirect interest through Carolyne and Graeme Devlin Family Trust; Greystone & Menzies Pty Ltd is trustee.
director · Start not disclosed Greystone & Menzies Pty Ltd · shares held through company acting as trustee for the family trust Carolyne and Graeme Devlin Family Trust · trustee and beneficiary Change of Director's Interest Notice - G Devlin ↗ | Positionordinary fully paid shares | 55,000 | — |
| 2024-06-20 | Jason Neal
Details & evidence for Jason Neal on 2024-06-20
director · Start not disclosed Change of Director's Interest Notice - J Neal ↗ | Positionordinary fully paid shares | 37,000 | — |
| 2024-06-19 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2024-06-19
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ | Positionordinary fully paid shares | 70,000 | — |
| 2024-03-31 | Dr Joanne Warner
Details & evidence for Dr Joanne Warner on 2024-03-31The source says shares, without specifying ordinary, preference or another class. It describes Dr Warner as trustee and beneficiary of the Aardvark Super Fund A/C.
director through 31 March 2024 · Start not disclosed Aardvark Super Fund A/C · trustee and beneficiary Moondance Holdings Pty Ltd · indirect holding reported through this named holder and fund account Final Director's Interest Notice - J Warner ↗ | Finalshares (class not stated) | 50,000 | — |
| 2024-03-08 | Julian Andrews
Details & evidence for Julian Andrews on 2024-03-08The director's interest in this account ended; the beneficiary's subsequent holding is not reported.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Finalordinary fully paid shares | 0 | — |
| 2024-03-08 | Julian Andrews
Details & evidence for Julian Andrews on 2024-03-08
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionordinary fully paid shares | 194,366 | — |
| 2024-03-08 | Julian Andrews
Details & evidence for Julian Andrews on 2024-03-08
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionperformance rights | 586,644 | — |
| 2024-03-08 | Julian Andrews
Details & evidence for Julian Andrews on 2024-03-08
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionshare rights | 65,476 | — |
| 2024-01-24 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2024-01-24
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ | Positionordinary fully paid shares | 53,776 | — |
| 2024-01-24 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2024-01-24No further director interest is reported for this power-of-attorney account after probate and distribution.
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ | Finalordinary fully paid shares | 0 | — |
| 2024-01-24 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2024-01-24Spouse and account identity not disclosed.
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ | Positionordinary fully paid shares | 5,000 | — |
| 2024-01-24 | Jennifer Seabrook
Details & evidence for Jennifer Seabrook on 2024-01-24Fund and account identity not disclosed.
director · Start not disclosed Spouse account reported by Jennifer Seabrook (identity not disclosed) · indirect interest reported through spouse; spouse identity not disclosed Super-fund account reported by Jennifer Seabrook (fund not named) · indirect interest reported through super fund; fund name not disclosed Change of Director's Interest Notice - J Seabrook ↗ | Positionordinary fully paid shares | 20,000 | — |
| 2023-11-01 | Julian Andrews
Details & evidence for Julian Andrews on 2023-11-01The daughter and trust are not named.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionordinary fully paid shares | 5,050 | — |
| 2023-11-01 | Julian Andrews
Details & evidence for Julian Andrews on 2023-11-01
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionordinary fully paid shares | 194,366 | — |
| 2023-11-01 | Julian Andrews
Details & evidence for Julian Andrews on 2023-11-01
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionperformance rights | 586,644 | — |
| 2023-11-01 | Julian Andrews
Details & evidence for Julian Andrews on 2023-11-01
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionshare rights | 65,476 | — |
| 2023-08-17 | Jason Neal
Details & evidence for Jason Neal on 2023-08-17
director · Start not disclosed Change of Director's Interest Notice - J Neal ↗ | Positionordinary fully paid shares | 14,000 | — |
| 2023-08-16 | Julian Andrews
Details & evidence for Julian Andrews on 2023-08-16The daughter and trust are not named.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionordinary fully paid shares | 5,050 | — |
| 2023-08-16 | Julian Andrews
Details & evidence for Julian Andrews on 2023-08-16
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionordinary fully paid shares | 194,366 | — |
| 2023-08-16 | Julian Andrews
Details & evidence for Julian Andrews on 2023-08-16
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionperformance rights | 389,746 | — |
| 2023-08-16 | Julian Andrews
Details & evidence for Julian Andrews on 2023-08-16
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionshare rights | 65,476 | — |
| 2023-03-01 | Julian Andrews
Details & evidence for Julian Andrews on 2023-03-01The daughter and trust are not named.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionordinary fully paid shares | 5,050 | — |
| 2023-03-01 | Julian Andrews
Details & evidence for Julian Andrews on 2023-03-01Includes the 13,676 shares previously described as restricted shares.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionordinary fully paid shares | 121,859 | — |
| 2023-03-01 | Julian Andrews
Details & evidence for Julian Andrews on 2023-03-01
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionperformance rights | 582,634 | — |
| 2023-03-01 | Julian Andrews
Details & evidence for Julian Andrews on 2023-03-01Restrictions were lifted and these shares are included in the ordinary-share position after the change.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionrestricted shares | 0 | — |
| 2023-03-01 | Julian Andrews
Details & evidence for Julian Andrews on 2023-03-01
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionshare rights | 31,784 | — |
| 2023-02-24 | Jason Neal
Details & evidence for Jason Neal on 2023-02-24
director · Start not disclosed Change of Director's Interest Notice - J Neal ↗ | Positionordinary fully paid shares | 5,000 | — |
| 2023-02-17 | Julian Andrews
Details & evidence for Julian Andrews on 2023-02-17The daughter and trust are not named.
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionordinary fully paid shares | 5,050 | — |
| 2023-02-17 | Julian Andrews
Details & evidence for Julian Andrews on 2023-02-17
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionordinary fully paid shares | 108,183 | — |
| 2023-02-17 | Julian Andrews
Details & evidence for Julian Andrews on 2023-02-17
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionperformance rights | 582,634 | — |
| 2023-02-17 | Julian Andrews
Details & evidence for Julian Andrews on 2023-02-17
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionrestricted shares | 13,676 | — |
| 2023-02-17 | Julian Andrews
Details & evidence for Julian Andrews on 2023-02-17
director through 28 November 2025 · Start not disclosed Deborah Andrews · spouse Change of Director's Interest Notice - J Andrews ↗ | Positionshare rights | 31,784 | — |
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Sign in or enter a guest codeChronological evidenceSource-document inventory12 documents
Deterra Asset Book — October2026 (available by13October)Presentation · MediumExtracted
October 2026 asset book; exact issuer publication day/time undisclosed. Registered cutoff date is latest verified availability, not a precise publication timestamp. Underlying cited operating disclosures predate the cutoff.
- Document ID
- doc-drr-2026-10-13-asset-book-october
- Published UTC
- 2026-10-12T22:00:00+00:00
- Projects
- —
- Commodities
- iron_ore · lithium · copper
DRR eligible local close, 13 October 2026Market Data · HighExtracted
Raw local ASX DRR ordinary close A$3.96, volume 1,515,161. Same-date cutoff observation; not a live 24 October quote.
- Document ID
- doc-drr-2026-10-13-price
- Published UTC
- 2026-10-13T05:10:00+00:00
- Projects
- —
- Commodities
- —
Resources and Energy Quarterly September 2026Commodity Data · HighPartial
Official September 2026 REQ, published 2 October 2026. Tables39/107/126 independently read and visually inspected. Calendar-year 2026-real prices distinguished from nominal prices; lithium hydroxide is not carbonate.
- Document ID
- doc-drr-2026-10-02-req
- Published UTC
- 2026-10-02T00:00:00+00:00
- Projects
- —
- Commodities
- iron_ore · copper · lithium
Santa Cruz copper royalty acquisition presentationPresentation · MediumExtracted
Primary issuer release retained and reviewed for contractual, operating or financial facts; selected physical pages recorded in the evidence sidecar.
- Document ID
- doc-drr-2026-09-29-santa-cruz-presentation
- Published UTC
- 2026-09-28T22:06:14+00:00
- Projects
- —
- Commodities
- iron_ore · lithium · copper
Acquisition of third-party Santa Cruz copper royaltyEconomic Arrangement · HighExtracted
Primary issuer release retained and reviewed for contractual, operating or financial facts; selected physical pages recorded in the evidence sidecar.
- Document ID
- doc-drr-2026-09-29-santa-cruz-acquisition
- Published UTC
- 2026-09-28T22:06:14+00:00
- Projects
- —
- Commodities
- iron_ore · lithium · copper
2924-03140184-6A1345834Corporate Action · MediumExtracted
Primary issuer release retained and reviewed for contractual, operating or financial facts; selected physical pages recorded in the evidence sidecar.
- Document ID
- doc-drr-2026-09-25-2924-03140184-6a1345834
- Published UTC
- 2026-09-25T07:28:58+00:00
- Projects
- —
- Commodities
- iron_ore · lithium · copper
2924-03138816-6A1345216Corporate Action · MediumExtracted
Primary issuer release retained and reviewed for contractual, operating or financial facts; selected physical pages recorded in the evidence sidecar.
- Document ID
- doc-drr-2026-09-23-2924-03138816-6a1345216
- Published UTC
- 2026-09-23T06:25:19+00:00
- Projects
- —
- Commodities
- iron_ore · lithium · copper
FY26 Financial Results PresentationPresentation · MediumExtracted
Primary issuer release retained and reviewed for contractual, operating or financial facts; selected physical pages recorded in the evidence sidecar.
- Document ID
- doc-drr-2026-08-18-presentation
- Published UTC
- 2026-08-17T21:49:13+00:00
- Projects
- —
- Commodities
- iron_ore · lithium · copper
Annual Report 2026 and Appendix 4EResults · HighExtracted
Primary issuer release retained and reviewed for contractual, operating or financial facts; selected physical pages recorded in the evidence sidecar.
- Document ID
- doc-drr-2026-08-18-annual
- Published UTC
- 2026-08-17T21:48:53+00:00
- Projects
- —
- Commodities
- iron_ore · lithium · copper
Portfolio Update — June2026 QuarterOperations · MediumExtracted
Primary issuer release retained and reviewed for contractual, operating or financial facts; selected physical pages recorded in the evidence sidecar.
- Document ID
- doc-drr-2026-07-28-june-quarter
- Published UTC
- 2026-07-27T22:23:29+00:00
- Projects
- —
- Commodities
- iron_ore · lithium · copper
Half Year AccountsResults · HighExtracted
Primary issuer release retained and reviewed for contractual, operating or financial facts; selected physical pages recorded in the evidence sidecar.
- Document ID
- doc-drr-2026-02-17-halfyear
- Published UTC
- 2026-02-16T21:14:08+00:00
- Projects
- —
- Commodities
- iron_ore · lithium · copper
FY25 Financial Results PresentationPresentation · MediumExtracted
Primary issuer release retained and reviewed for contractual, operating or financial facts; selected physical pages recorded in the evidence sidecar.
- Document ID
- doc-drr-2025-08-19-presentation
- Published UTC
- 2025-08-18T22:11:54Z
- Projects
- —
- Commodities
- iron_ore · lithium · copper
Evidence facts138
100 %
2026-10-13iron_ore text
2026-10-13AU text
2026-10-13GRR text
2026-10-13Mining Area C royalty; BHP text
2026-10-13producer text
2026-10-131.232 %
2026-10-13No disclosed cap or buyback; production and expansion decisions rest with BHP. text
2026-10-13lithium text
2026-10-13US text
2026-10-13GRR text
2026-10-13Thacker Pass royalty participation; Lithium Americas text
2026-10-13construction text
2026-10-134.8 %
2026-10-13Expected operator partial buyback US$13.2m before first production; postbuyback rate1.05% effective. text
2026-10-13100 %
2026-10-13copper text
2026-10-13US text
2026-10-13NSR text
2026-10-13Santa Cruz copper royalty; Ivanhoe Electric text
2026-10-13construction text
2026-10-131.68 %
2026-10-1325% partial buyback circaUS$20m calculated to give10% fixed return on25% purchase cost. ROFO is a future purchase opportunity, not current ownership. text
2026-10-13100 %
2026-10-13copper,zinc,lead,silver,gold text
2026-10-13US text
2026-10-13NSR text
2026-10-13Antler royalty; Kinterra Capital text
2026-10-13pfs_developer text
2026-10-130.9 %
2026-10-13Conditional one-third buybacks A$9m primary package and A$4m AOI; no exercise or financing assumed. text
2026-10-13100 %
2026-10-13lithium text
2026-10-13US text
2026-10-13NSR text
2026-10-13Paradox Basin royalty; Anson Resources text
2026-10-13pfs_developer text
2026-10-132.5 %
2026-10-13Project sale alternative2% net proceeds replaces royalty. No extra canceled consideration payable. text
2026-10-13100 %
2026-10-13copper text
2026-10-13ZM text
2026-10-13GRR text
2026-10-13Mimbula copper royalty; Moxico Resources text
2026-10-13producer text
2026-10-130.3 %
2026-10-13Rate reduces to0.2% after575,000t copper royalty base; cumulative progress undisclosed. text
2026-10-13100 %
2026-10-13others text
2026-10-13AU text
2026-10-13GRR text
2026-10-13Yoongarillup / Yalyalup royalties; Doral Resources text
2026-10-13producer text
2026-10-132 %
2026-10-13No disclosed caps or buybacks; limited initial mine life, no continuation assumed. text
2026-10-13100 %
2026-10-13others text
2026-10-13AU text
2026-10-13Fixed royalty text
2026-10-13Wonnerup fixed royalty; Tronox / Cable Sands text
2026-10-13producer text
2026-10-13Fixed A$0.70/t valuable heavy minerals; not a percentage rate. text
2026-10-13100 %
2026-10-13others text
2026-10-13AU text
2026-10-13GRR text
2026-10-13Yandanooka royalty; Image Resources text
2026-10-13pfs_developer text
2026-10-131.5 %
2026-10-13No disclosed caps or buybacks. text
2026-10-1350 %
2026-10-13gold text
2026-10-13US text
2026-10-13NSR text
2026-10-13Lincoln gold royalty participation; Haranga Resources text
2026-10-13care_and_maintenance text
2026-10-131.5 %
2026-10-13US$3m fullroyalty aggregate payment threshold halves rate; cumulative progress undisclosed. text
2026-10-13100 %
2026-10-13copper,others,gold text
2026-10-13PE text
2026-10-13NSR text
2026-10-13Pukaqaqa royalty portfolio; Olympic Precious Metals text
2026-10-13resource_stage text
2026-10-13Separate geographical bases and US$8m conditional milestones; no unconditional receivable assumed. text
2026-10-13100 %
2026-10-13copper text
2026-10-13CA text
2026-10-13NSR text
2026-10-13Big Kidd royalty; Silverco Mining text
2026-10-13early_explorer text
2026-10-133 %
2026-10-13Optional C$2m then C$4m partial buybacks; advance royalty payments creditable, no doubled receipt. text
2026-10-1320 %
2026-10-13lithium text
2026-10-13MX text
2026-10-13GRR participation text
2026-10-13Sonora royalty and litigation participation; Ganfeng Lithium / third-party royalty holder text
2026-10-13care_and_maintenance text
2026-10-133 %
2026-10-13Option reduces participationto10% forUS$1.75m; litigation and royalty receipts unproven. text
2026-10-13100 %
2026-10-13iron_ore text
2026-10-13AU text
2026-10-13FOB revenue royalty text
2026-10-13Koolyanobbing / Deception royalty; Yilgarn Iron text
2026-10-13care_and_maintenance text
2026-10-131.5 %
2026-10-13No disclosed caps; broaderhubshipments cannot be assigned to royaltyfootprint. text
2026-10-13100 %
2026-10-13others text
2026-10-13KE text
2026-10-13FOB revenue royalty text
2026-10-13Kwale royalty; Energy Fuels / Base Resources text
2026-10-13care_and_maintenance text
2026-10-130.25 %
2026-10-13No disclosed caps or buybacks; no future payingvolume assumed. text
2026-10-13531768459 shares
2026-09-22532678306 shares
2026-09-2210512000 AUD
2026-06-30143000000 AUD
2026-06-30291000 AUD
2026-06-30142642000 AUD
2026-06-30242400000 AUD
2026-06-30222165000 AUD
2026-06-30164208000 AUD
2026-06-30169542000 AUD
2026-06-3014000 AUD
2026-06-30357000000 AUD
2026-06-30234428000 AUD
2026-06-30238241000 AUD
2026-06-307167000 AUD
2025-12-31156000000 AUD
2025-12-31138788000 AUD
2025-12-3186402000 AUD
2025-12-3110000 AUD
2025-12-3160 %
2026-10-133.96 AUD/share
2026-10-13