- Last 2026-11-06
- A$1.32
- 1D
- —
- 1M
- —
- YTD
- —
- 1Y
- —
- Fair value
- Locked: sign in to view
- Upside
- Locked: sign in to view
- Mkt cap
- A$1.2B
- EV
- A$816.5M
- Cash
- A$337.1M
- Debt
- A$0
Investment view
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Sign in or enter a guest codeAnnouncements
Latest 12 of 16All sources ▸- Application for quotation of securities - FFMCorporate Action
- Quarterly Activities/Appendix 5B Cash Flow ReportResults
- FireFly LME Week Investor PresentationPresentation
- Becoming a substantial holderCorporate Action
- Change of Director's Interest Notice x 4Governance
- Results of Share Purchase PlanFinancing
- Independent Technical Report for PEA and Resource UpdateStudy
- Annual Report to shareholdersResults
- Green Bay PEA confirms Scale, Long Life and Strong ReturnsStudy
- FireFly Bolsters Funding for Project Development and GrowthFinancing
- Quarterly Activities/Appendix 5B Cash Flow ReportResults
- Quarterly Activities/Appendix 5B Cash Flow ReportResults
Event calendar · next 12 months
8 events| Timing | Event | Category | Confidence | Materiality | Investor relevance |
|---|---|---|---|---|---|
| Before the Q1 2027 DFS | Maiden resource at first near-mine historical VMS target (within 5km of Ming) | Resource Or Reserve | Company Guided | Medium | Tests the district-scale exploration thesis and would be the first resource addition outside Ming and Little Deer. |
| 24 Nov 2026 | Annual General Meeting (director elections) | Governance | Confirmed | Medium | Board elections and equity incentive resolutions; the AGM notice is the first look at proposed remuneration after the performance-right grants. |
| Q1 2027 | DFS (1.8Mtpa), maiden Ore Reserve and updated Mineral Resource | Study | Company Guided | High | The first reserve and feasibility-grade capex and opex; converts the PEA to a bankable case and decides whether inferred feed stays in the plan. |
| Late January 2027 | December 2026 quarterly report | Results | Inferred | Medium | Next Appendix 5B: spend against the pre-FID plan, drilling and early-works progress. |
| Around the end of Q2 2027 | Construction permits and Benefits Agreement | Permitting | Company Guided | High | Critical-path approvals for full construction and FID. |
| Q2 2027 | Project debt and offtake credit approvals | Financing | Company Guided | High | Sets how much of the A$516m initial capex is debt funded and therefore how much equity dilution remains. |
| Mid-2027 | Final investment decision on Green Bay (1.8Mtpa) | Corporate Action | Company Guided | High | Commits about A$516m of initial capital; the main de-risking step for the A$2.2B study NPV. |
| Timing not given | Pre-feasibility study for the 4.6Mtpa upscale | Study | Company Guided | Medium | Determines whether the A$3.0B NPV upscale (shaft, A$484m expansion capital) is pursued. |
Executive roster
As of 2026-10-31Background checks ▸FY26 annual report (18 Sep 2026) executive leadership page and board pages, reconciled to the 29 Oct 2026 quarterly signatories; no leadership change was announced after 18 Sep 2026 in the documents read, and the annual report records only the November 2025 appointment of Leanne Heywood (non-executive).
| Executive | Title | Normalized role | Appointed | Sources |
|---|---|---|---|---|
| Stephen Parsons | Managing Director | Executive Director · Chief Executive | 2023-10-20 | Annual Report to shareholders |
| Michael Naylor | Executive Director | Executive Director | 2018-11-30 | Annual Report to shareholders |
| Darren Cooke | Chief Executive Officer | Chief Executive · Technical | 2022-06-06 | Annual Report to shareholders |
| Chen Sun | Chief Financial Officer | Finance | — | Annual Report to shareholders |
| Jessie Liu-Ernsting | Chief Corporate Development Officer (Chief Development Officer in announcements) | Commercial · Senior Management | — | Annual Report to shareholders · Quarterly Activities/Appendix 5B Cash Flow Report |
| Laura Noonan-Crowe | General Counsel and Company Secretary | Company Secretary | — | Annual Report to shareholders |
| Daina Del Borrello | Executive General Manager People & Culture | Senior Management | — | Annual Report to shareholders |
| Juan Gutierrez | Group Chief Geologist | Technical | — | Quarterly Activities/Appendix 5B Cash Flow Report |
devCoverage status: Complete As Disclosed
Portfolio detail
Assets
Core asset
Green Bay Copper-Gold Project: Ming Mine
CA
Pre-FID developer: PEA (25 Aug 2026) completed for a 1.8Mtpa base case and 4.6Mtpa upscale; released from further environmental assessment with early works approved; DFS and maiden Ore Reserve due Q1 2027, FID mid-2027, first concentrate mid-2029.
- Contained metal (attributable)
- 1.4m td
- Resource grade
- 1.93% Cud
- % Measured + Indicated
- 76.1%d
- Resource tonnes
- 74.60 Mtd
- Our value per attrib. contained unit
- Locked
- Mining method
- Long hole open stoping with cemented paste backfill
1.8Mtpa base case, 100% basis, after tax, study prices (Cu US$5.00/lb, Au US$3,500/oz, Ag US$44/oz); initial capital net of A$58m refundable CTM-ITC; operating cost = mining A$99 + processing A$18 + G&A A$10 per tonne milled.
4.6Mtpa upscale case, 100% basis, after tax, study prices; plus expansion capital of A$484m funded mainly from base-case cash flow.
Resources & reserves3
| Type | Category | Quantity | Grade | Contained minerals | Date |
|---|---|---|---|---|---|
| Mineral Resource | Measured | 3.5 Mt | 1.5% Cu, 0.2 g/t Au, 1.3 g/t Ag (1.7% CuEq); 52kt Cu, 20koz Au, 147koz Ag | Copper · Gold · Silver | 2026-08-14 |
| Mineral Resource | Indicated | 53.8 Mt | 1.9% Cu, 0.5 g/t Au, 4.5 g/t Ag (2.5% CuEq); 1,041kt Cu, 878koz Au, 7,707koz Ag | Copper · Gold · Silver | 2026-08-14 |
| Mineral Resource | Inferred | 17.3 Mt | 2.0% Cu, 0.7 g/t Au, 6.3 g/t Ag (2.8% CuEq); 344kt Cu, 404koz Au, 3,522koz Ag | Copper · Gold · Silver | 2026-08-14 |
Tenements3
Milestones5
- Definitive Feasibility Study for 1.8Mtpa case and maiden Ore Reserve
Pending · High materiality
- Final investment decision and construction start
Pending · High materiality
- Project debt and offtake credit approvals
Pending · High materiality
- First concentrate production
Pending · High materiality
- Pre-feasibility study for 4.6Mtpa case
Pending · Medium materiality
Permits & approvals3
| Permit | Jurisdiction | Status | Expiry | Critical path |
|---|---|---|---|---|
| Environmental Assessment conditional release (EA Registration 2351) | Newfoundland and Labrador | Granted | — | Yes |
| Construction permits and approvals | Newfoundland and Labrador / Canada | Pending | — | Yes |
| Benefits Agreement with the Province (remaining EA condition) | Newfoundland and Labrador | Required | — | Yes |
Economic studies1
| Study | Stage | Status | Date | Summary |
|---|---|---|---|---|
| Green Bay Ming Mine Preliminary Economic Assessment (1.8Mtpa and 4.6Mtpa cases) | Scoping Study | Current | 2026-08-25 | NI 43-101 PEA / JORC scoping study (accuracy +/-15-30%): 1.8Mtpa after-tax NPV7% A$2.2B, IRR 41%, payback 1.9 years, initial capex A$516m, C1 US$2.05/lb CuEq, 32-year life; 4.6Mtpa NPV7% A$3.0B, IRR 39%, payback 3.7 years. Prices US$5.00/lb Cu, US$3,500/oz Au, US$44/oz Ag, USD:CAD 0.74. 79% of 1.8Mtpa life-of-mine feed is Measured and Indicated. |
Material
Green Bay Copper-Gold Project: Little Deer deposit
CA
Resource-stage copper VMS deposit about 40km south of Ming; no new data since the 2023 acquisition and excluded from the PEA.
- Contained metal (attributable)
- 172.0k td
- Resource grade
- 1.89% Cud
- % Measured + Indicated
- 36%d
- Resource tonnes
- 9.10 Mtd
- Our value per attrib. contained unit
- Locked
- Mining method
- —
Resources & reserves2
| Type | Category | Quantity | Grade | Contained minerals | Date |
|---|---|---|---|---|---|
| Mineral Resource | Indicated | 2.9 Mt | 2.1% Cu, 0.1 g/t Au, 3.4 g/t Ag (2.3% CuEq); 62kt Cu | Copper · Gold · Silver | 2024-06-26 |
| Mineral Resource | Inferred | 6.2 Mt | 1.8% Cu, 0.1 g/t Au, 2.2 g/t Ag (1.8% CuEq); 110kt Cu | Copper · Gold · Silver | 2024-06-26 |
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
Cash and cash equivalents of A$337.1m at 30 Sep 2026 (about A$349.7m with liquid investments) after the A$185m raising; no borrowings, no committed facilities (A$4.8m of guarantee and credit-card facilities are fully drawn against cash deposits). Restricted reclamation deposits of A$5.2m at 30 Jun 2026 sit outside cash. Initial capex of about A$516m needs project debt (adviser-indicated capacity above US$350m, not credit-approved) or further equity.
Capital structure
Ownership and dilution
- Ordinary shares
- 872.8M
- Fully diluted
- 917.7M
768,785,998 shares at 30 Jun 2026 plus 84,269,663 ASX placement shares (2 Sep 2026), 16,820,454 TSX bought-deal shares (3 Sep 2026), 2,794,621 SPP shares (30 Sep 2026) and performance-right conversions to 29 Oct 2026 give 872,770,736 shares on the Appendix 2A of 29 October 2026; the annual report counted 869,876,115 at 9 Sep 2026. No options are on issue.
Security classes3
| Class | Type | Quantity | Strike | Expiry |
|---|---|---|---|---|
| Fully paid ordinary shares (FFM) | Ordinary Share | 872.8M | — | — |
| Performance rights (FFMAH), nil exercise price, vesting on service and performance conditions | Performance Right | 44.8M | A$0 | — |
| Performance rights expiring 22 June 2027 (FFMAI) | Performance Right | 116.7K | A$0 | 2027-06-22 |
Actuals and forecasts
Financial statements
| AUD | Unit | Trend | FY25AA | FY26AA |
|---|---|---|---|---|
| Profit and loss | ||||
| Revenue | AUDm | 0.0 | 0.0 | |
| Site operating costs | AUDm | 2.4 | 2.8 | |
| Corporate, employment, share-based payment and FX costs | AUDm | 15.4 | 24.5 | |
| Other income net of (gains)/losses on financial assets | AUDm | (7.1) | 3.7 | |
| EBITDA | AUDm | (10.6) | (31.0) | |
| Depreciation and amortisation | AUDm | 1.8 | 1.8 | |
| EBIT | AUDm | (12.4) | (32.9) | |
| Net interest expense / (income) | AUDm | (1.8) | (5.9) | |
| Income tax | AUDm | 0.5 | 3.9 | |
| Discontinued operations loss / (profit) | AUDm | 0.3 | (7.2) | |
| Net profit / (loss) after tax | AUDm | (11.4) | (23.6) | |
| Cash flow | ||||
| Operating cash flow | AUDm | (7.1) | (8.2) | |
| Sustaining capex | AUDm | 0.0 | 0.0 | |
| Growth and development capex | AUDm | 55.4 | 80.4 | |
| Capex | AUDm | 55.4 | 80.4 | |
| Exploration and studies (capitalised, outside the DCF) | AUDm | 0.0 | 0.0 | |
| Free cash flow | AUDm | (62.5) | (88.6) | |
| Equity raised net of costs | AUDm | 135.3 | 176.1 | |
| Debt drawn / (repaid) and lease payments | AUDm | (2.0) | (0.6) | |
| Other investing items | AUDm | (8.3) | 0.2 | |
| Net change in cash before FX | AUDm | 62.5 | 87.1 | |
| Balance sheet | ||||
| Cash and cash equivalents | AUDm | 99.9 | 184.3 | |
| Borrowings (excluding leases) | AUDm | 0.0 | 0.0 | |
| Net debt / (net cash) | AUDm | (99.9) | (184.3) | |
| Per share | ||||
| Ordinary shares on issue (period end) | m shares | 643.1 | 768.8 | |
| Earnings per share | AUD/share | (0.02) | (0.03) | |
| Dividend per share | AUD/share | 0.00 | 0.00 | |
| Multiples and ratios | ||||
| EV / EBITDA (x, current EV) | x | (79.9) | (27.3) | |
| P / E (x, current market cap) | x | (104.0) | (50.1) | |
| FCF yield (current market cap) | % | -5.3% | -7.5% | |
| EBITDA margin | % | — | — | |
| Net debt / EBITDA (x) | x | 9.4 | 5.9 | |
KPI history
Operating metrics · Green Bay Copper-Gold Project: Ming Mine
| Metric | Unit | Trend | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|
| Payments for exploration and evaluation | AUD | 18,059,000 | 22,124,000 | 18,673,000 | 18,678,000 | 19,146,000 |
Operating metric source table10
| Metric | Project | Period | Period type | Value | Status |
|---|---|---|---|---|---|
| Cash and cash equivalents | Company | Sep 2025 quarter | Point In Time | 114,318,000 AUD | Reported |
| Cash and cash equivalents | Company | Dec 2025 quarter | Point In Time | 229,967,000 AUD | Reported |
| Cash and cash equivalents | Company | Mar 2026 quarter | Point In Time | 206,835,000 AUD | Reported |
| Cash and cash equivalents | Company | Jun 2026 quarter | Point In Time | 184,295,000 AUD | Reported |
| Cash and cash equivalents | Company | Sep 2026 quarter | Point In Time | 337,115,000 AUD | Reported |
| Payments for exploration and evaluation | Green Bay Ming | Sep 2025 quarter | Quarter | 18,059,000 AUD | Reported |
| Payments for exploration and evaluation | Green Bay Ming | Dec 2025 quarter | Quarter | 22,124,000 AUD | Reported |
| Payments for exploration and evaluation | Green Bay Ming | Mar 2026 quarter | Quarter | 18,673,000 AUD | Reported |
| Payments for exploration and evaluation | Green Bay Ming | Jun 2026 quarter | Quarter | 18,678,000 AUD | Reported |
| Payments for exploration and evaluation | Green Bay Ming | Sep 2026 quarter | Quarter | 19,146,000 AUD | Reported |
Company guidance4
| Metric | Project | Period | Low | High | Status |
|---|---|---|---|---|---|
| Initial Capital Cost, 1.8Mtpa Pea Base Case (Net Of Refundable Tax Credits) | green_bay_ming | Pre-production | 516,000,000 | 516,000,000 AUD | Current |
| Average Annual Payable Cueq Production At Steady State, 1.8Mtpa Case (14 Years) | green_bay_ming | Post ramp-up (peak 61kt) | 50,000 | 61,000 t CuEq | Current |
| C1 Cash Cost, 1.8Mtpa Case | green_bay_ming | LOM | 2.05 | 2.05 USD/lb CuEq | Current |
| First Concentrate (Year) | green_bay_ming | Mid-2029 | 2,029 | 2,029 calendar year (mid-2029) | Current |
Capital history
Capital events
| Date | Event | Amount | Shares | Price | Status | Terms |
|---|---|---|---|---|---|---|
| 2026-09-03Ann. 2026-08-25 | RaisingFully Paid Ordinary Shares | A$180M | 101.1M | A$1.78 | Completed | A$150m ASX placement completed 2 Sep 2026 and ~A$30m TSX bought deal completed 3 Sep 2026 under existing LR 7.1 capacity.Max 101.1M · Period 2026-08-25 to 2026-09-03 · Canaccord Genuity (Australia); BMO Nesbitt Burns |
| 2026-09-30Ann. 2026-08-25 | Raising | A$5M | 2.8M | — | Completed | — |
| 2026-05-11Ann. 2026-02-02 | Dividend | A$34.8M | — | — | Completed | — |
| 2025-12-18Ann. 2025-12-02 | Raising | A$134.1M | 77.1M | — | 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.
Built from the FY26 annual report (notes 13 and 35), FY24 annual report (port access), the PEA and the quarterlies. No royalty, stream, offtake, tolling or hedge agreements are disclosed on Green Bay and no offtake is committed; the terms of the Maritime port access agreement beyond capacity and the original Rambler royalty position were not located in the documents read.
Contingent consideration from the sale of the Ontario gold assets (Pickle Crow, Sioux Lookout) to Bellavista; 60m consideration shares were distributed in specie on 11 May 2026 and the 50m milestone rights are retained by FireFly.
Other · Active- Counterparties
- Bellavista Resources Ltd
- Applies to
- Company-wide · Gold
- Economic direction
- Benefit
- Period
- 2026-04-29 to 2031-04-29
- Key terms
- Performance rights held: 50,000,000 rights
Fair value at 29 Apr 2026: 23,611,000 AUD
Cash settlement alternative: 15,000,000 AUD
No valuation treatment is available for this arrangement.
Port access agreement securing concentrate export through Pine Cove port; tolls and commercial terms remain subject to further agreement per the PEA.
Strategic Partnership · Active- Counterparties
- Maritime Resources Corp
- Applies to
- Green Bay Copper-Gold Project: Ming Mine · Copper
- Economic direction
- Mixed
- Period
- From 2024-03-26; no end date stated
- Key terms
- Concentrate export capacity: 1,000,000 t/year
Equity subscribed in Maritime: 2,500,000 CAD
No valuation treatment is available for this arrangement.
Refundable federal investment tax credit assumed in the PEA capital estimate (A$58m initial, A$53m expansion); not yet confirmed.
Other · Conditional- Counterparties
- Government of Canada
- Applies to
- Green Bay Copper-Gold Project: Ming Mine · Copper
- Economic direction
- Benefit
- Period
- Dates not stated
- Key terms
- Refundable Clean Technology Manufacturing ITC: 58,000,000 AUD
No valuation treatment is available for this arrangement.
Intrinsic value
Valuation
Bear, base and bull values, investment cases, project valuations and the equity bridge are available to subscribers.
Sign in or enter a guest codeResource-price transmission
Sensitivity lab
How our fair value responds to commodity prices and other drivers is available to subscribers.
Sign in or enter a guest codePeople, delivery and responsibility
Management background checks
Partial screening identifies issuer-reported technical and corporate experience, disclosed related-party arrangements, and prior-operator creditor protection during a leader’s tenure. These events do not establish personal wrongdoing.
Decision-relevant facts
Material summary
Stephen Parsons
Managing Director
Role-relevant experience
The issuer describes previous managing directorships at Bellevue Gold and Gryphon Minerals and reports an honours geology degree. He joined the FireFly board in 2020 and became managing director in October 2023.
Responsibility not applicable · Biographies are issuer-reported except where another record is cited; personal delivery and credentials are not independently established.
Disclosed related-party IT arrangements
FireFly reported that Exia IT provided A$320,771 of IT services and equipment in FY26. Belltree owned half of Exia; Naylor and Parsons had indirect interests in Belltree until 29 June 2026, when they sold them for nominal amounts. The company says the CEO reviewed terms and the board approved them with both directors abstaining.
Individual involvement documented · The cited disclosure identifies the interests and company-described controls; it does not establish misconduct.
Evidence gaps · 2
- Incomplete screening: targeted person-specific topic searches, regulator and court registers, independent qualifications and complete prior-employer histories remain unresolved.
- The current role is anchored to issuer disclosures; precise appointment and end dates not directly established remain unknown.
Michael Naylor
Executive Director
Role-relevant experience
The issuer reports finance and corporate advisory experience, including an executive directorship at Bellevue Gold. It reports chartered accountant qualification; independent confirmation is outstanding.
Responsibility not applicable · Biographies are issuer-reported except where another record is cited; personal delivery and credentials are not independently established.
Disclosed related-party IT arrangements
FireFly reported that Exia IT provided A$320,771 of IT services and equipment in FY26. Belltree owned half of Exia; Naylor and Parsons had indirect interests in Belltree until 29 June 2026, when they sold them for nominal amounts. The company says the CEO reviewed terms and the board approved them with both directors abstaining.
Individual involvement documented · The cited disclosure identifies the interests and company-described controls; it does not establish misconduct.
Evidence gaps · 3
- Incomplete screening: targeted person-specific topic searches, regulator and court registers, independent qualifications and complete prior-employer histories remain unresolved.
- The current role is anchored to issuer disclosures; precise appointment and end dates not directly established remain unknown.
- The ledger’s 30 November 2018 date is initial board appointment; issuer leadership page identifies 20 October 2023 for executive role.
Darren Cooke
Chief Executive Officer
Role-relevant experience
The issuer reports geological and business development experience at Northern Star, Barrick and Newmont. It says he joined FireFly in 2021 as COO and became CEO in June 2022.
Responsibility not applicable · Biographies are issuer-reported except where another record is cited; personal delivery and credentials are not independently established.
Evidence gaps · 2
- Incomplete screening: targeted person-specific topic searches, regulator and court registers, independent qualifications and complete prior-employer histories remain unresolved.
- The current role is anchored to issuer disclosures; precise appointment and end dates not directly established remain unknown.
Chen Sun
Chief Financial Officer
Role-relevant experience
FireFly reports she was Mincor CFO until its 2023 takeover and holds a Curtin commerce degree and CPA membership. Mincor’s 2023 target statement names its CFO; credentials are not independently verified.
Responsibility not applicable · Biographies are issuer-reported except where another record is cited; personal delivery and credentials are not independently established.
Evidence gaps · 2
- Incomplete screening: targeted person-specific topic searches, regulator and court registers, independent qualifications and complete prior-employer histories remain unresolved.
- The current role is anchored to issuer disclosures; precise appointment and end dates not directly established remain unknown.
Jessie Liu-Ernsting
Chief Corporate Development Officer
Role-relevant experience
The issuer reports that she was G Mining Ventures VP investor relations and joined FireFly as a director in March 2024 before moving to the corporate development role in May 2025. Andean Silver reports her G Mining background and qualifications.
Responsibility not applicable · Biographies are issuer-reported except where another record is cited; personal delivery and credentials are not independently established.
Evidence gaps · 2
- Incomplete screening: targeted person-specific topic searches, regulator and court registers, independent qualifications and complete prior-employer histories remain unresolved.
- The current role is anchored to issuer disclosures; precise appointment and end dates not directly established remain unknown.
Laura Noonan-Crowe
General Counsel and Company Secretary
Role-relevant experience
The issuer reports that she was Karora’s Australian general counsel and company secretary from June 2023 until its August 2024 merger, with previous legal roles at Northern Star and Gold Fields. Legal qualifications and practising status are issuer-reported.
Responsibility not applicable · Biographies are issuer-reported except where another record is cited; personal delivery and credentials are not independently established.
Evidence gaps · 2
- Incomplete screening: targeted person-specific topic searches, regulator and court registers, independent qualifications and complete prior-employer histories remain unresolved.
- The current role is anchored to issuer disclosures; precise appointment and end dates not directly established remain unknown.
Daina Del Borrello
Executive General Manager People & Culture
Role-relevant experience
The issuer reports an organisational psychology qualification and mining HR experience. Bellevue Gold’s 2021 report identifies her as general manager, people and company culture.
Responsibility not applicable · Biographies are issuer-reported except where another record is cited; personal delivery and credentials are not independently established.
Evidence gaps · 2
- Incomplete screening: targeted person-specific topic searches, regulator and court registers, independent qualifications and complete prior-employer histories remain unresolved.
- The current role is anchored to issuer disclosures; precise appointment and end dates not directly established remain unknown.
Juan Gutierrez
Group Chief Geologist
Role-relevant experience
The issuer reports geology and resource-estimation experience, including Northern Star Yandal South, and that he joined FireFly in June 2022. The reported degrees and individual discovery contributions are not independently verified.
Responsibility not applicable · Biographies are issuer-reported except where another record is cited; personal delivery and credentials are not independently established.
FireFly reported mineral resource growth
The issuer reported a November 2025 resource update increasing tonnage 35% and copper-equivalent metal 51%, followed by an August 2026 resource update. It says external consultants prepared the estimates.
Role overlaps event; causation unproven · The company describes his role in geological activities; the resources are team estimates, not evidence of sole individual contribution.
Evidence gaps · 2
- Incomplete screening: targeted person-specific topic searches, regulator and court registers, independent qualifications and complete prior-employer histories remain unresolved.
- The current role is anchored to issuer disclosures; precise appointment and end dates not directly established remain unknown.
Gus Simbanegavi
VP Operations
Role-relevant experience
The issuer identifies him as VP Operations. A 2023 Newfoundland and Labrador government approval addressed him as Rambler Canada vice president and general manager.
Responsibility not applicable · Biographies are issuer-reported except where another record is cited; personal delivery and credentials are not independently established.
Former employer entered creditor protection
Rambler plc reported that its Canadian subsidiary entered creditor protection on 27 February 2023 and ceased Ming Mine and Nugget Pond operations on 29 March 2023. It attributed the cessation to a payment dispute with Transamine. An April 2023 government approval identifies Simbanegavi as the subsidiary’s VP and general manager.
Role overlaps event; causation unproven · The source documents his role and the corporate event, not personal causation or misconduct. The plc and its Canadian subsidiary are distinct entities.
Evidence gaps · 3
- Incomplete screening: targeted person-specific topic searches, regulator and court registers, independent qualifications and complete prior-employer histories remain unresolved.
- The current role is anchored to issuer disclosures; precise appointment and end dates not directly established remain unknown.
- The full court record and ultimate outcome of the creditor protection and payment dispute were not reviewed. No personal responsibility is established.
Tabatha LeBlanc
VP Environment and Community
Role-relevant experience
The issuer lists her in environment and community leadership. A 2026 forum transcript also identifies her as FireFly VP Environment and Community.
Responsibility not applicable · Biographies are issuer-reported except where another record is cited; personal delivery and credentials are not independently established.
Evidence gaps · 2
- Incomplete screening: targeted person-specific topic searches, regulator and court registers, independent qualifications and complete prior-employer histories remain unresolved.
- The current role is anchored to issuer disclosures; precise appointment and end dates not directly established remain unknown.
Jared Dietrich
VP Metallurgy
Role-relevant experience
The issuer lists him as VP Metallurgy. Its 2025 annual report described his appointment; independent confirmation of career and qualifications remains outstanding.
Responsibility not applicable · Biographies are issuer-reported except where another record is cited; personal delivery and credentials are not independently established.
Evidence gaps · 3
- Incomplete screening: targeted person-specific topic searches, regulator and court registers, independent qualifications and complete prior-employer histories remain unresolved.
- The current role is anchored to issuer disclosures; precise appointment and end dates not directly established remain unknown.
- The issuer leadership page is undated; its state was observed on the research date. Dated confirmation of service continuing to the cutoff remains incomplete.
Bonnie Matthews
VP Human Resources
Role-relevant experience
The issuer lists her in HR leadership. Dates and previous positions have not been independently verified.
Responsibility not applicable · Biographies are issuer-reported except where another record is cited; personal delivery and credentials are not independently established.
Evidence gaps · 3
- Incomplete screening: targeted person-specific topic searches, regulator and court registers, independent qualifications and complete prior-employer histories remain unresolved.
- The current role is anchored to issuer disclosures; precise appointment and end dates not directly established remain unknown.
- The issuer leadership page is undated; its state was observed on the research date. Dated confirmation of service continuing to the cutoff remains incomplete.
Company ownership
Investors & shareholders
Top registered shareholders
Register at 2026-09-09 · 869,876,115 issued shares
| # | Investor / registered holder | % issued shares | Shares held |
|---|---|---|---|
| 1 | 26.13% | 227,324,231 | |
| 2 | 16.40% | 142,630,251 | |
| 3 | 14.56% | 126,614,256 | |
| 4 | 8.83% | 76,800,950 | |
| 5 | 4.58% | 39,816,182 | |
| 6 | 2.37% | 20,636,041 | |
| 7 | 1.17% | 10,169,836 | |
| 8 | 1.10% | 9,545,455 | |
| 9 | 0.85% | 7,410,004 | |
| 10 | 0.67% | 5,851,646 | |
| 11 | 0.63% | 5,449,802 | |
| 12 | 0.60% | 5,206,203 | |
| 13 | 0.55% | 4,811,828 | |
| 14 | 0.52% | 4,553,525 | |
| 15 | 0.40% | 3,515,415 | |
| 16 | 0.39% | 3,361,225 | |
| 17 | 0.34% | 2,955,293 | |
| 18 | 0.33% | 2,831,250 | |
| 19 | 0.30% | 2,600,000 | |
| 20 | 0.25% | 2,208,000 |
Disclosed substantial holders
Latest reviewed disclosure for each holder or reporting group
| Investor / reported group | Disclosed holding | Holding at |
|---|---|---|
| 15.53%Voting power | 2026-07-22 | |
| 5.82%Voting power | 2026-03-20 |
Sources & review notesEvidence checked through 2026-10-31
Coverage and limitations
- Nominee and Canadian register-control accounts do not identify underlying beneficial owners.
- Two identical Symorgh accounts are distinguished by rank as printed.
- State Street ceased substantial status on 16 October; this is not proof of zero ownership.
- Historical group percentages precede subsequent share issues.
Sources
- 2026 Annual Report
Firefly Metals via ASX · Published 2026-09-18 · Accessed 2026-10-31
20 ordinary-share accounts at 9 September 2026.
downloads/FFM/2026/2026-09-18_Annual Report to shareholders_76ce79edfcd772e7.pdf, page 62
- BlackRock change in substantial holding
blackrock via ASX · Published 2026-07-24 · Accessed 2026-10-31
119,404,307 shares and 15.53% on 22 July.
downloads/FFM/2026/2026-07-24_Change in substantial holding_6878790eff10753c.pdf, page 1 visually reviewed
- Vanguard becoming substantial holder
vanguard via ASX · Published 2026-03-26 · Accessed 2026-10-31
44,703,766 shares and 5.815% on 20 March.
downloads/FFM/2026/2026-03-26_Becoming a substantial holder_b6f2f12624cc4b89.pdf, page 1 visually reviewed
- State Street ceasing substantial holding
state via ASX · Published 2026-10-20 · Accessed 2026-10-31
State Street ceased substantial status 16 October; not proof of zero holding.
downloads/FFM/2026/2026-10-20_Ceasing to be a substantial holder_c3abf3da30cf8906.pdf, page 1 visually reviewed
Disclosed activity
Insider transactions
Trading activity14 buys · 3 sells shownNet cash last 12 months no tradesShow chartHide chart
| Date | Person / account | Activity / security | Quantity | Cash consideration | Price | Holding after |
|---|---|---|---|---|---|---|
| 2026-09-30 | Stephen ParsonsSymorgh Investments Pty Ltd <Symorgh A/C>
Details & evidence for Stephen Parsons on 2026-09-30Shares issued to Symorgh A/C under Share Purchase Plan. As disclosed: Shares issued under Share Purchase Plan.
J & A (WA) Nominees Pty Ltd <J & A A/C> · Director and beneficiary; indirect interest through account Symorgh Investments Pty Ltd <Symorgh A/C> · Indirect interest through account; source notices identify director and beneficiary Change of Director's Interest Notice x 4 ↗ Change of Director's Interest Notice x 4 ↗ | SubscriptionFully paid ordinary shares | 16,853 | — | — | 12,393,558 |
| 2026-09-30 | Renée RobertsPeter Clarke Roberts
Details & evidence for Renée Roberts on 2026-09-30Shares issued to spouse Peter Clarke Roberts under Share Purchase Plan. As disclosed: Shares issued under Share Purchase Plan.
Peter Clarke Roberts · Spouse; indirect shareholding is disclosed through spouse's account Change of Director's Interest Notice x 4 ↗ Change of Director's Interest Notice x 4 ↗ | SubscriptionFully paid ordinary shares | 16,853 | — | — | 64,184 |
| 2026-09-30 | Renée Roberts
Details & evidence for Renée Roberts on 2026-09-30Shares issued to Renée Roberts under Share Purchase Plan. As disclosed: Shares issued under Share Purchase Plan.
Peter Clarke Roberts · Spouse; indirect shareholding is disclosed through spouse's account Change of Director's Interest Notice x 4 ↗ Change of Director's Interest Notice x 4 ↗ | SubscriptionFully paid ordinary shares | 16,853 | — | — | 67,853 |
| 2026-09-30 | Michael Dylan NaylorMichael Naylor & Sarah Naylor ATF MD & SJ Superannuation Fund
Details & evidence for Michael Dylan Naylor on 2026-09-30Shares issued to MD & SJ Superannuation Fund under Share Purchase Plan. As disclosed: Shares issued under Share Purchase Plan.
Gold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C> · Has indirect interests through spouse-controlled company account Change of Director's Interest Notice x 4 ↗ Change of Director's Interest Notice x 4 ↗ | SubscriptionFully paid ordinary shares | 16,853 | — | — | 1,350,187 |
| 2026-09-30 | Leanne HeywoodMileberada Pty Ltd <Heywood Family A/C>
Details & evidence for Leanne Heywood on 2026-09-30Shares issued to Heywood Family A/C under Share Purchase Plan. As disclosed: Shares issued under Share Purchase Plan.
Mileberada Pty Ltd <Heywood Family A/C> · Director and beneficiary; indirect interest through account Change of Director's Interest Notice x 4 ↗ Change of Director's Interest Notice x 4 ↗ | SubscriptionFully paid ordinary shares | 16,853 | — | — | 36,853 |
| 2026-02-18 | Leanne HeywoodMileberada Pty Ltd <Heywood Family A/C>
Details & evidence for Leanne Heywood on 2026-02-18Indirect interest through Mileberada Pty Ltd <Heywood Family A/C>; the director is identified as director and beneficiary. Currency is not specified in the consideration field. As disclosed: On-market purchase of fully paid ordinary shares.
Mileberada Pty Ltd <Heywood Family A/C> · Director and beneficiary; indirect interest through account Change of Director's Interest Notice ↗ | PurchaseFully paid ordinary shares | 20,000 | — | — | 20,000 |
| 2026-02-10 | Stephen ParsonsJ & A (WA) Nominees Pty Ltd <J & A A/C>
Details & evidence for Stephen Parsons on 2026-02-10Rights were held indirectly through J & A (WA) Nominees Pty Ltd <J & A A/C>; the director is identified as director and beneficiary. As disclosed: Lapse of Performance Rights as the vesting conditions were not satisfied by the vesting due date.
J & A (WA) Nominees Pty Ltd <J & A A/C> · Director and beneficiary; indirect interest through account Symorgh Investments Pty Ltd <Symorgh A/C> · Indirect interest through account; source notices identify director and beneficiary Change of Director's Interest Notice x 2 ↗ Change of Director's Interest Notice x 2 ↗ | ExpiryPerformance Rights (EXP: 30/06/2029) | 279,611 | —Non Cash | — | 1,537,860 |
| 2026-02-10 | Michael Dylan NaylorGold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C>
Details & evidence for Michael Dylan Naylor on 2026-02-10Rights were held indirectly through Gold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C>, disclosed as controlled by the director's spouse. As disclosed: Lapse of Performance Rights as the vesting conditions were not satisfied by the vesting due date.
Gold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C> · Has indirect interests through spouse-controlled company account Change of Director's Interest Notice x 2 ↗ Change of Director's Interest Notice x 2 ↗ | ExpiryPerformance Rights (EXP: 30/06/2029) | 172,851 | —Non Cash | — | 859,169 |
| 2025-11-21 | Stephen ParsonsJ & A (WA) Nominees Pty Ltd <J & A A/C>
Details & evidence for Stephen Parsons on 2025-11-21Indirect interest through J & A (WA) Nominees Pty Ltd <J & A A/C>; the director is identified as director and beneficiary. Rights issued under the long-term incentive scheme approved at the AGM on 20 November 2025. As disclosed: LTI Performance rights issued under an employee incentive scheme as approved by shareholders at the AGM on 20 November 2025.
J & A (WA) Nominees Pty Ltd <J & A A/C> · Director and beneficiary; indirect interest through account Symorgh Investments Pty Ltd <Symorgh A/C> · Indirect interest through account; source notices identify director and beneficiary Change of Director's Interest Notice x 2 ↗ Change of Director's Interest Notice x 2 ↗ | GrantPerformance Rights (EXP: 30/06/2030) | 1,026,393 | —Non Cash | — | 1,026,393 |
| 2025-11-21 | Michael Dylan NaylorGold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C>
Details & evidence for Michael Dylan Naylor on 2025-11-21Indirect interest through Gold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C>, disclosed as controlled by the director's spouse. Rights issued under the long-term incentive scheme approved at the AGM on 20 November 2025. As disclosed: LTI Performance rights issued under an employee incentive scheme as approved by shareholders at the AGM on 20 November 2025.
Gold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C> · Has indirect interests through spouse-controlled company account Change of Director's Interest Notice x 2 ↗ Change of Director's Interest Notice x 2 ↗ | GrantPerformance Rights (EXP: 30/06/2030) | 432,845 | —Non Cash | — | 432,845 |
| 2025-08-12 | Renée Roberts
Details & evidence for Renée Roberts on 2025-08-12Direct on-market purchase. The notice provides no pre-change direct holding balance; no opening balance is inferred. The separately listed 47,331 shares held by Mr Peter Clarke Roberts are unchanged. As disclosed: Acquisition of fully paid ordinary shares completed via on-market purchase.
Peter Clarke Roberts · Spouse; indirect shareholding is disclosed through spouse's account Change of Director's Interest Notice ↗ | PurchaseFully Paid Ordinary Shares | 51,000 | — | — | 51,000 |
| 2025-07-14 | Stephen ParsonsSymorgh Investments Pty Ltd <Symorgh A/C>
Details & evidence for Stephen Parsons on 2025-07-14Shares issued under Share Purchase Plan into Symorgh Investments Pty Ltd <Symorgh A/C>. As disclosed: Shares issued under Share Purchase Plan.
J & A (WA) Nominees Pty Ltd <J & A A/C> · Director and beneficiary; indirect interest through account Symorgh Investments Pty Ltd <Symorgh A/C> · Indirect interest through account; source notices identify director and beneficiary Change of Director's Interest Notice x 3 ↗ Change of Director's Interest Notice x 3 ↗ | SubscriptionFully Paid Ordinary Shares | 31,250 | AUD 30,000.00 | AUD 0.96Disclosed price | 12,376,705 |
| 2025-07-14 | Renée RobertsPeter Clarke Roberts
Details & evidence for Renée Roberts on 2025-07-14Shares issued under Share Purchase Plan to the director's spouse Peter Clarke Roberts; indirect interest. As disclosed: Shares issued under Share Purchase Plan.
Peter Clarke Roberts · Spouse; indirect shareholding is disclosed through spouse's account Change of Director's Interest Notice x 3 ↗ Change of Director's Interest Notice x 3 ↗ | SubscriptionFully Paid Ordinary Shares | 13,509 | AUD 12,968.64 | AUD 0.96Disclosed price | 47,331 |
| 2025-07-14 | Michael Dylan NaylorGold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C>
Details & evidence for Michael Dylan Naylor on 2025-07-14Shares issued under Share Purchase Plan into Gold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C>, disclosed as controlled by the director's spouse. As disclosed: Shares issued under Share Purchase Plan.
Gold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C> · Has indirect interests through spouse-controlled company account Change of Director's Interest Notice x 3 ↗ Change of Director's Interest Notice x 3 ↗ | SubscriptionFully Paid Ordinary Shares | 31,250 | AUD 30,000.00 | AUD 0.96Disclosed price | 1,665,883 |
| 2024-12-23 | Stephen ParsonsJ & A (WA) Nominees Pty Ltd <J & A A/C>
Details & evidence for Stephen Parsons on 2024-12-23Indirect interest through J&A (WA) Nominees Pty Ltd as trustee for Trust J&A; the director is identified as director and beneficiary. Long-term incentive issued under the scheme approved at the 19 November 2024 AGM. As disclosed: LTI Performance rights issued under an employee incentive scheme as approved by shareholders at the AGM on 19 November 2024.
J & A (WA) Nominees Pty Ltd <J & A A/C> · Director and beneficiary; indirect interest through account Symorgh Investments Pty Ltd <Symorgh A/C> · Indirect interest through account; source notices identify director and beneficiary Change of Director's Interest Notice x 2 ↗ Change of Director's Interest Notice x 2 ↗ | GrantPerformance Rights (EXP: 30/06/2029) | 1,817,471 | —Non Cash | — | 1,817,471 |
| 2024-12-23 | Michael Dylan NaylorGold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C>
Details & evidence for Michael Dylan Naylor on 2024-12-23Indirect interest through Gold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C>, disclosed as controlled by the director's spouse. Long-term incentive issued under the scheme approved at the 19 November 2024 AGM. As disclosed: LTI Performance rights issued under an employee incentive scheme as approved by shareholders at the AGM on 19 November 2024.
Gold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C> · Has indirect interests through spouse-controlled company account Change of Director's Interest Notice x 2 ↗ Change of Director's Interest Notice x 2 ↗ | GrantPerformance Rights (EXP: 30/06/2029) | 1,032,020 | —Non Cash | — | 1,032,020 |
| 2024-12-13 | Stephen ParsonsSymorgh Investments Pty Ltd <Symorgh A/C>
Details & evidence for Stephen Parsons on 2024-12-13On-market sale from Symorgh Investments Pty Ltd <Symorgh A/C>; the notice says proceeds funded personal taxation obligations from FireFly performance rights. As disclosed: On-market trade to fund personal taxation obligations from FireFly performance rights.
J & A (WA) Nominees Pty Ltd <J & A A/C> · Director and beneficiary; indirect interest through account Symorgh Investments Pty Ltd <Symorgh A/C> · Indirect interest through account; source notices identify director and beneficiary Change of Director's Interest Notice x 2 ↗ Change of Director's Interest Notice x 2 ↗ | SaleFully paid ordinary shares | 5,454,545 | — | — | 12,345,455 |
| 2024-12-11 | Michael Dylan NaylorGold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C>
Details & evidence for Michael Dylan Naylor on 2024-12-11On-market sale from Gold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C>, disclosed as controlled by the director's spouse; proceeds were stated as funding personal tax obligations from FireFly performance rights. As disclosed: On-market trade to fund personal taxation obligations from FireFly performance rights.
Gold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C> · Has indirect interests through spouse-controlled company account Change of Director's Interest Notice x 2 ↗ Change of Director's Interest Notice x 2 ↗ | SaleFully paid ordinary shares | 2,727,273 | — | — | 1,634,633 |
| 2024-05-22 | Stephen ParsonsSymorgh Investments Pty Ltd <Symorgh A/C>
Details & evidence for Stephen Parsons on 2024-05-22Ordinary shares issued from conversion of performance rights; corresponding rights-disposal leg is recorded under the same economic event. As disclosed: 2,800,000 fully paid ordinary shares acquired on conversion of performance rights.
J & A (WA) Nominees Pty Ltd <J & A A/C> · Director and beneficiary; indirect interest through account Symorgh Investments Pty Ltd <Symorgh A/C> · Indirect interest through account; source notices identify director and beneficiary Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ | ExerciseFully paid ordinary shares | 2,800,000 | —Non Cash | — | 13,800,000 |
| 2024-05-22 | Stephen ParsonsSymorgh Investments Pty Ltd <Symorgh A/C>
Details & evidence for Stephen Parsons on 2024-05-22Rights were converted to ordinary shares; the corresponding issued-share leg is recorded under the same economic event. As disclosed: 2,800,000 performance rights disposed on conversion to ordinary shares.
J & A (WA) Nominees Pty Ltd <J & A A/C> · Director and beneficiary; indirect interest through account Symorgh Investments Pty Ltd <Symorgh A/C> · Indirect interest through account; source notices identify director and beneficiary Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ | ExercisePerformance rights (EXP: 20/10/2028) | 2,800,000 | —Non Cash | — | 5,600,000 |
| 2024-01-02 | Raymond ShorrocksSpring Street Holdings Pty Ltd
Details & evidence for Raymond Shorrocks on 2024-01-02Ordinary shares acquired from option exercise; the option-disposal leg is represented under the same economic event. As disclosed: Acquisition of fully paid ordinary shares as a result of exercise of options at $0.15 each on or before 23 January 2025.
Spring Street Holdings Pty Ltd · Director; holds indirect interests through company Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ | ExerciseFully paid ordinary shares | 1,133,334 | — | AUD 0.15Disclosed price | — |
| 2024-01-02 | Raymond ShorrocksSpring Street Holdings Pty Ltd
Details & evidence for Raymond Shorrocks on 2024-01-02All disclosed options were exercised to acquire ordinary shares; the share-issue leg is represented under the same economic event. As disclosed: Acquisition of fully paid ordinary shares as a result of exercise of options at $0.15 each on or before 23 January 2025.
Spring Street Holdings Pty Ltd · Director; holds indirect interests through company Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ | ExerciseUnquoted options over fully paid ordinary shares | 1,133,334 | — | — | 0 |
| 2023-12-27 | Raymond ShorrocksSpring Street Holdings Pty Ltd
Details & evidence for Raymond Shorrocks on 2023-12-27Indirect on-market sale through Spring Street Holdings Pty Ltd. The disclosed starting balance is post-consolidation; the notice groups this sale with later option exercise before giving the final total. As disclosed: On-market sale of fully paid ordinary shares.
Spring Street Holdings Pty Ltd · Director; holds indirect interests through company Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ | SaleFully paid ordinary shares | 450,000 | — | — | — |
| 2023-12-15 | Stephen ParsonsSymorgh Investments Pty Ltd <Symorgh A/C>
Details & evidence for Stephen Parsons on 2023-12-15Indirect interest through Symorgh Investments Pty Ltd <Symorgh A/C>; long-term incentive rights approved at the 23 November 2023 AGM. As disclosed: LTI performance rights issued under an employee incentive scheme as approved at the AGM on 23 November 2023.
J & A (WA) Nominees Pty Ltd <J & A A/C> · Director and beneficiary; indirect interest through account Symorgh Investments Pty Ltd <Symorgh A/C> · Indirect interest through account; source notices identify director and beneficiary Change of Director's Interest Notice x 2 ↗ Change of Director's Interest Notice x 2 ↗ | GrantPerformance Rights (EXP: 15/12/2028) | 4,000,000 | —Non Cash | — | 4,000,000 |
| 2023-12-15 | Michael Dylan NaylorGold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C>
Details & evidence for Michael Dylan Naylor on 2023-12-15Indirect interest through Gold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C>, disclosed as controlled by the director's spouse; long-term incentive rights approved at the 23 November 2023 AGM. As disclosed: LTI performance rights issued under an employee incentive scheme as approved at the AGM on 23 November 2023.
Gold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C> · Has indirect interests through spouse-controlled company account Change of Director's Interest Notice x 2 ↗ Change of Director's Interest Notice x 2 ↗ | GrantPerformance Rights (EXP: 15/12/2028) | 2,666,666 | —Non Cash | — | 2,666,666 |
| 2023-10-23 | Stephen ParsonsSymorgh Investments Pty Ltd <Symorgh A/C>
Details & evidence for Stephen Parsons on 2023-10-23All 60,000,000 options listed before the change were disposed when exercised to acquire 60,000,000 escrowed ordinary shares. The associated share leg is recorded separately. As disclosed: Options disposed; acquisition of fully paid ordinary shares as a result of exercise of options exercisable at $0.01 each on or before 23 January 2025.
J & A (WA) Nominees Pty Ltd <J & A A/C> · Director and beneficiary; indirect interest through account Symorgh Investments Pty Ltd <Symorgh A/C> · Indirect interest through account; source notices identify director and beneficiary Change of Director's Interest Notice x 4 ↗ Change of Director's Interest Notice x 4 ↗ | ExerciseUnquoted options over fully paid ordinary shares | 60,000,000 | —Not Disclosed | — | 0 |
| 2023-10-23 | Stephen ParsonsSymorgh Investments Pty Ltd <Symorgh A/C>
Details & evidence for Stephen Parsons on 2023-10-2360,000,000 escrowed ordinary shares acquired from the option exercise; the option-disposal leg is recorded separately. As disclosed: Acquisition of fully paid ordinary shares as a result of exercise of options exercisable at $0.01 each on or before 23 January 2025.
J & A (WA) Nominees Pty Ltd <J & A A/C> · Director and beneficiary; indirect interest through account Symorgh Investments Pty Ltd <Symorgh A/C> · Indirect interest through account; source notices identify director and beneficiary Change of Director's Interest Notice x 4 ↗ Change of Director's Interest Notice x 4 ↗ | ExerciseFully Paid Ordinary Shares subject to 12 months' voluntary holding lock | 60,000,000 | — | AUD 0.01Disclosed price | 60,000,000 |
| 2023-10-23 | Michael Dylan NaylorGold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C>
Details & evidence for Michael Dylan Naylor on 2023-10-23All 28,000,000 options listed before the change were disposed when exercised to acquire 28,000,000 escrowed ordinary shares. The associated share leg is recorded separately. As disclosed: Options disposed; acquisition of fully paid ordinary shares as a result of exercise of unquoted options exercisable at $0.01 each on or before 23 January 2025.
Gold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C> · Has indirect interests through spouse-controlled company account Change of Director's Interest Notice x 4 ↗ Change of Director's Interest Notice x 4 ↗ | ExerciseUnquoted options over fully paid ordinary shares | 28,000,000 | —Not Disclosed | — | 0 |
| 2023-10-23 | Michael Dylan NaylorGold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C>
Details & evidence for Michael Dylan Naylor on 2023-10-2328,000,000 escrowed ordinary shares acquired from option exercise; source reports consideration of $280,000 for this leg. Currency is not specified. As disclosed: Acquisition of fully paid ordinary shares as a result of exercise of unquoted options exercisable at $0.01 each on or before 23 January 2025.
Gold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C> · Has indirect interests through spouse-controlled company account Change of Director's Interest Notice x 4 ↗ Change of Director's Interest Notice x 4 ↗ | ExerciseFully Paid Ordinary Shares subject to 12 months' voluntary holding lock | 28,000,000 | — | AUD 0.01Disclosed price | 28,000,000 |
| 2023-10-20 | Stephen ParsonsSymorgh Investments Pty Ltd <Symorgh A/C>
Details & evidence for Stephen Parsons on 2023-10-20Indirect interest through Symorgh Investments Pty Ltd <Symorgh A/C>; non-cash rights grant approved by shareholders on 11 October 2023. As disclosed: Performance rights issued as incentives and for director services, approved by shareholders on 11 October 2023.
J & A (WA) Nominees Pty Ltd <J & A A/C> · Director and beneficiary; indirect interest through account Symorgh Investments Pty Ltd <Symorgh A/C> · Indirect interest through account; source notices identify director and beneficiary Change of Director's Interest Notice x 4 ↗ Change of Director's Interest Notice x 4 ↗ | GrantPerformance Rights (EXP: 20/10/2028) | 126,000,000 | —Non Cash | — | 126,000,000 |
| 2023-10-20 | Raymond ShorrocksSpring Street Holdings Pty Ltd
Details & evidence for Raymond Shorrocks on 2023-10-20Non-cash incentive rights issued through Spring Street Holdings Pty Ltd under the scheme approved by shareholders on 11 October 2023. As disclosed: Performance rights issued as incentives and for director services, approved by shareholders on 11 October 2023.
Spring Street Holdings Pty Ltd · Director; holds indirect interests through company Change of Director's Interest Notice x 4 ↗ Change of Director's Interest Notice x 4 ↗ | GrantPerformance Rights (EXP: 20/10/2028) | 25,200,000 | —Non Cash | — | 25,200,000 |
| 2023-10-20 | Michael Dylan NaylorGold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C>
Details & evidence for Michael Dylan Naylor on 2023-10-20Indirect interest through Gold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C>, disclosed as controlled by the director's spouse; non-cash rights grant approved by shareholders on 11 October 2023. As disclosed: Performance rights issued as incentives and for director services, approved by shareholders on 11 October 2023.
Gold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C> · Has indirect interests through spouse-controlled company account Change of Director's Interest Notice x 4 ↗ Change of Director's Interest Notice x 4 ↗ | GrantPerformance Rights (EXP: 20/10/2028) | 81,000,000 | —Non Cash | — | 81,000,000 |
| 2023-10-20 | Kevin Michael TomlinsonJJROK Inc.
Details & evidence for Kevin Michael Tomlinson on 2023-10-20Indirect interest through JJROK Inc.; non-cash incentive rights approved by shareholders on 11 October 2023. As disclosed: Performance rights issued as incentives and for director services, approved by shareholders on 11 October 2023.
JJROK Inc. · Indirect interest through company account Change of Director's Interest Notice x 4 ↗ | GrantPerformance Rights (EXP: 20/10/2028) | 25,200,000 | —Non Cash | — | 25,200,000 |
| 2023-10-20 | Kevin Michael Tomlinson
Details & evidence for Kevin Michael Tomlinson on 2023-10-20The form states this invitation was conditional upon shareholder approval, with no rights acquired and no interest remaining. This is a contract change, not an issued performance-right grant. As disclosed: Performance Rights Invitation Letter conditional upon shareholder approval; 6,000,000 performance rights were shown as disposed and the interest after change was nil.
JJROK Inc. · Indirect interest through company account Change of Director's Interest Notice x 4 ↗ | ContractContractual interest in Performance Rights Invitation Letter (conditional on shareholder approval) | 6,000,000 | —Non Cash | — | 0 |
| 2023-10-17 | Stephen ParsonsSymorgh Investments Pty Ltd <Symorgh A/C>
Details & evidence for Stephen Parsons on 2023-10-17Indirect interest through Symorgh Investments Pty Ltd <Symorgh A/C>; placement approved by shareholders on 11 October 2023. The notice reports an opening account position of 25,000,000 shares and a later combined balance after additional escrow shares; no intermediate position is inferred here. As disclosed: Participation in share placement as approved by shareholders on 11 October 2023.
J & A (WA) Nominees Pty Ltd <J & A A/C> · Director and beneficiary; indirect interest through account Symorgh Investments Pty Ltd <Symorgh A/C> · Indirect interest through account; source notices identify director and beneficiary Change of Director's Interest Notice x 4 ↗ | SubscriptionFully Paid Ordinary Shares | 140,000,000 | — | — | — |
| 2023-10-17 | Raymond ShorrocksSpring Street Holdings Pty Ltd
Details & evidence for Raymond Shorrocks on 2023-10-17Indirect interest through Spring Street Holdings Pty Ltd; placement approved by shareholders on 11 October 2023. As disclosed: Participation in share placement as approved by shareholders on 11 October 2023.
Spring Street Holdings Pty Ltd · Director; holds indirect interests through company Change of Director's Interest Notice x 4 ↗ | SubscriptionFully Paid Ordinary Shares | 10,000,000 | — | — | 39,428,571 |
| 2023-10-17 | Michael Dylan NaylorGold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C>
Details & evidence for Michael Dylan Naylor on 2023-10-17Indirect interest through Gold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C>, disclosed as controlled by the director's spouse; placement approved by shareholders on 11 October 2023. As disclosed: Participation in share placement as approved by shareholders on 11 October 2023.
Gold Leaf Corporate Pty Ltd <Gold Leaf Corporate A/C> · Has indirect interests through spouse-controlled company account Change of Director's Interest Notice x 4 ↗ | SubscriptionFully Paid Ordinary Shares | 10,000,000 | — | — | 37,428,571 |
| 2023-10-17 | Kevin Michael TomlinsonJJROK Inc.
Details & evidence for Kevin Michael Tomlinson on 2023-10-17Indirect interest through JJROK Inc.; placement approved by shareholders on 11 October 2023. As disclosed: Participation in share placement as approved by shareholders on 11 October 2023.
JJROK Inc. · Indirect interest through company account Change of Director's Interest Notice x 4 ↗ | SubscriptionFully Paid Ordinary Shares | 600,000 | — | — | 600,000 |
Disclosed holding observations9 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 |
|---|---|---|---|---|
| 2024-07-23 | Renée Roberts
Details & evidence for Renée Roberts on 2024-07-23Indirect interest through spouse Peter Clarke Roberts; the notice reports 33,822 shares at appointment.
Peter Clarke Roberts · Spouse; indirect shareholding is disclosed through spouse's account Initial Director's Interest Notice ↗ | InitialFully paid ordinary shares | 33,822 | — |
| 2024-03-19 | Raymond Shorrocks
Details & evidence for Raymond Shorrocks on 2024-03-19Indirect final interest through Spring Street Holdings Pty Ltd as Raymond Shorrocks ceased to be a director.
Spring Street Holdings Pty Ltd · Director; holds indirect interests through company Final Director's Interest Notice ↗ Change of Director's Interest Notice ↗ | FinalFully paid ordinary shares | 3,311,906 | — |
| 2024-03-19 | Raymond Shorrocks
Details & evidence for Raymond Shorrocks on 2024-03-19Indirect final interest through Spring Street Holdings Pty Ltd as Raymond Shorrocks ceased to be a director. Appendix 3Y dated 2 January 2024 reported 1,680,000 rights of the same stated expiry; this final notice reports 840,000.
Spring Street Holdings Pty Ltd · Director; holds indirect interests through company Final Director's Interest Notice ↗ Change of Director's Interest Notice ↗ | FinalPerformance rights (EXP: 20/10/2028) | 840,000 | — |
| 2024-01-02 | Raymond Shorrocks
Details & evidence for Raymond Shorrocks on 2024-01-02All 1,133,334 options shown before the changes were disposed; no remaining options are listed after.
Spring Street Holdings Pty Ltd · Director; holds indirect interests through company Change of Director's Interest Notice ↗ | FinalUnquoted options over fully paid ordinary shares (exercise price $0.15; expiry 23/01/2025) | 0 | — |
| 2024-01-02 | Raymond Shorrocks
Details & evidence for Raymond Shorrocks on 2024-01-02Indirect position through Spring Street Holdings Pty Ltd.
Spring Street Holdings Pty Ltd · Director; holds indirect interests through company Change of Director's Interest Notice ↗ | FinalPerformance rights (EXP: 20/10/2028) | 1,680,000 | — |
| 2024-01-02 | Raymond Shorrocks
Details & evidence for Raymond Shorrocks on 2024-01-02Indirect final position after the disclosed 27 December sale and 2 January option exercise.
Spring Street Holdings Pty Ltd · Director; holds indirect interests through company Change of Director's Interest Notice ↗ | FinalFully paid ordinary shares | 3,311,906 | — |
| 2023-12-27 | Raymond Shorrocks
Details & evidence for Raymond Shorrocks on 2023-12-27Indirect position through Spring Street Holdings Pty Ltd.
Spring Street Holdings Pty Ltd · Director; holds indirect interests through company Change of Director's Interest Notice ↗ | InitialUnquoted options over fully paid ordinary shares (exercise price $0.15; expiry 23/01/2025) | 1,133,334 | — |
| 2023-12-27 | Raymond Shorrocks
Details & evidence for Raymond Shorrocks on 2023-12-27Indirect position through Spring Street Holdings Pty Ltd.
Spring Street Holdings Pty Ltd · Director; holds indirect interests through company Change of Director's Interest Notice ↗ | InitialPerformance rights (EXP: 20/10/2028) | 1,680,000 | — |
| 2023-12-27 | Raymond Shorrocks
Details & evidence for Raymond Shorrocks on 2023-12-27Indirect position through Spring Street Holdings Pty Ltd.
Spring Street Holdings Pty Ltd · Director; holds indirect interests through company Change of Director's Interest Notice ↗ | InitialFully paid ordinary shares | 2,628,572 | — |
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Sign in or enter a guest codeChronological evidenceSource-document inventory21 documents
Application for quotation of securities - FFMCorporate Action · LowExtracted
Appendix 2A: 100,000 ordinary shares issued on conversion of performance rights; 872,770,736 ordinary shares and 44,949,180 unquoted performance rights on issue after quotation.
- Document ID
- appx2a_20261029
- Published UTC
- 2026-10-29T06:10:56Z
- Projects
- —
- Commodities
- —
FFM.AX ASX close 30 October 2026Market Data · LowExtracted
Latest eligible local ASX close for one FFM ordinary share: A$1.355 (high 1.415, low 1.35, volume 4,310,798) on 30 Oct 2026, 1 calendar day before the cutoff; provider market data provider via miners.collect_stock_prices; command python -m miners.reference_price FFM --valuation-date 2026-10-31.
- Document ID
- ref_price_20261030
- Published UTC
- 2026-10-30T05:10:00Z
- Projects
- —
- Commodities
- —
Market snapshot: price performance, liquidity and commodity spotMarket Data · MediumExtracted
python -m miners.v8db.market_snapshot FFM --cutoff 2026-10-31: 52-week range A$1.225-2.32, 12M return -23.0% (-31.9% relative to the mining index), 20-day average traded value A$7.3m; copper US$14,509/t (US$6.58/lb) on 29 Oct 2026 against a one-year average US$13,290/t and a three-year average US$10,897/t; gold US$4,031/oz; silver US$52.19/oz; AUD/USD 0.694. The peer table of the stock database is empty for copper.
- Document ID
- market_snapshot_20261031
- Published UTC
- 2026-10-30T05:10:00Z
- Projects
- —
- Commodities
- copper · gold · silver
Local ASX price and market-cap database: copper peer setMarket Data · LowExtracted
Peer closes on 30 Oct 2026 and 12-month returns from daily_stock_prices, and share counts implied by asx_mining_companies market cap divided by price on 9 Aug 2026, for Sandfire (SFR), 29Metals (29M), Aeris (AIS), Cyprium (CYM) and Hot Chili (HCH). Peer resource, production and EBITDA data were not retrieved, so those metrics are left null.
- Document ID
- peer_prices_20261030
- Published UTC
- 2026-10-30T05:10:00Z
- Projects
- —
- Commodities
- copper
Quarterly Activities/Appendix 5B Cash Flow ReportResults · HighExtracted
September 2026 quarterly activities report and Appendix 5B: PEA, August 2026 MRE, A$180m raising plus A$4.975m SPP, cash A$337.1m at 30 Sep 2026, Mount Joy VMS discovery, FID targeted mid-2027.
- Document ID
- q_sep26_20261029
- Published UTC
- 2026-10-28T22:16:45Z
- Projects
- green_bay_ming · little_deer
- Commodities
- copper · gold · silver
FireFly LME Week Investor PresentationPresentation · MediumExtracted
LME Week investor presentation: development timeline (DFS Q1 2027, debt and offtake Q2 2027, FID 2027, copper production 2029), resource statistics and copper project comparison appendix.
- Document ID
- lme_presentation_20261020
- Published UTC
- 2026-10-19T23:06:15Z
- Projects
- green_bay_ming
- Commodities
- copper
Becoming a substantial holderCorporate Action · LowExtracted
Form 603: State Street Corporation became a substantial holder on 9 Oct 2026; the holder ceased on 20 Oct 2026 after oscillating around the 5% threshold.
- Document ID
- holder_statestreet_20261013
- Published UTC
- 2026-10-13T08:38:35Z
- Projects
- —
- Commodities
- —
Change of Director's Interest Notice x 4Governance · LowExtracted
Appendix 3Y notices: each of four directors acquired 16,853 shares under the SPP on 30 Sep 2026.
- Document ID
- director_interests_20260930
- Published UTC
- 2026-09-30T06:51:00Z
- Projects
- —
- Commodities
- —
Results of Share Purchase PlanFinancing · MediumExtracted
SPP closed 23 Sep 2026: 333 applications, A$4,975,000 at A$1.78, 2,794,621 new shares issued 30 Sep 2026.
- Document ID
- spp_results_20260930
- Published UTC
- 2026-09-29T22:56:44Z
- Projects
- —
- Commodities
- —
Independent Technical Report for PEA and Resource UpdateStudy · MediumExtracted
Announcement of the NI 43-101 technical report for the PEA and MRE; states filed report contains immaterial capex updates to the expansion case with no impact on NPV.
- Document ID
- itr_notice_20260923
- Published UTC
- 2026-09-22T23:23:38Z
- Projects
- green_bay_ming
- Commodities
- copper
Annual Report to shareholdersResults · HighExtracted
FY26 annual report (year to 30 Jun 2026): audited statements, share capital note, Pickle Crow divestment to Bellavista, board and executives, top-20 and substantial holders, resource statement.
- Document ID
- ar_fy26_20260918
- Published UTC
- 2026-09-17T22:19:43Z
- Projects
- green_bay_ming · little_deer
- Commodities
- copper
Green Bay PEA confirms Scale, Long Life and Strong ReturnsStudy · HighExtracted
Green Bay Ming Mine PEA (1.8Mtpa base case and 4.6Mtpa upscale case) and August 2026 Mineral Resource update: NPV7% A$2.2B/A$3.0B, capex, opex, tax, sensitivities, permitting and funding.
- Document ID
- pea_20260825
- Published UTC
- 2026-08-24T23:48:00Z
- Projects
- green_bay_ming · little_deer
- Commodities
- copper · gold · silver
FireFly Bolsters Funding for Project Development and GrowthFinancing · HighExtracted
Launch of the A$180m equity raising at A$1.78 (ASX placement A$150m via Canaccord, TSX bought deal ~A$30m via BMO) plus up to A$10m SPP; use of funds.
- Document ID
- raise_launch_20260825
- Published UTC
- 2026-08-24T23:52:00Z
- Projects
- green_bay_ming
- Commodities
- copper
Quarterly Activities/Appendix 5B Cash Flow ReportResults · MediumExtracted
June 2026 quarterly Appendix 5B: cash A$184.3m at 30 Jun 2026.
- Document ID
- q_jun26_20260728
- Published UTC
- 2026-07-27T23:04:44Z
- Projects
- green_bay_ming
- Commodities
- copper
Quarterly Activities/Appendix 5B Cash Flow ReportResults · LowExtracted
March 2026 quarterly Appendix 5B: cash A$206.8m at 31 Mar 2026.
- Document ID
- q_mar26_20260430
- Published UTC
- 2026-04-29T22:58:26Z
- Projects
- green_bay_ming
- Commodities
- copper
Global refined copper market to swing to surplus in 2026, group says (ICSG April 2026 forecast)Commodity Data · LowMetadata Only
International Copper Study Group April 2026 forecast as reported by Engineering News: refined copper balance swings to a small surplus (about 96kt) in 2026 and a larger surplus (about 377kt) in 2027, on refined output growth of about 3% against demand growth of about 2%. Read from the search-result summary only (page body not retrieved).
- Document ID
- web_icsg_20260423
- Published UTC
- 2026-04-23T01:00:00Z
- Projects
- —
- Commodities
- copper
Copper: medium-term upside on tightening outlook - Commerzbank (FXStreet, 17 April 2026)Commodity Data · LowMetadata Only
Commerzbank (via FXStreet) sees medium-term copper upside on a tightening outlook, conditional on ICSG showing persistent shortages in 2027; contrasts with the ICSG surplus call. Read from the search-result summary only (page body not retrieved).
- Document ID
- web_commerzbank_20260417
- Published UTC
- 2026-04-17T01:00:00Z
- Projects
- —
- Commodities
- copper
Quarterly Activities/Appendix 5B Cash Flow ReportResults · LowExtracted
December 2025 quarterly Appendix 5B: cash A$230.0m at 31 Dec 2025.
- Document ID
- q_dec25_20260130
- Published UTC
- 2026-01-29T21:51:34Z
- Projects
- green_bay_ming
- Commodities
- copper
Highly successful A$139m raising to fund growth and studiesFinancing · MediumExtracted
December 2025 raising: ~A$134.1m firm commitments (institutional placement A$1.70, charity flow-through A$2.09, Canadian bought deal) plus A$5m SPP, funding a nine-rig drilling campaign and upscaled studies.
- Document ID
- raise_dec25_20251204
- Published UTC
- 2025-12-03T22:29:51Z
- Projects
- green_bay_ming
- Commodities
- copper
Quarterly Activities/Appendix 5B Cash Flow ReportResults · LowExtracted
September 2025 quarterly Appendix 5B: cash A$114.3m at 30 Sep 2025.
- Document ID
- q_sep25_20251030
- Published UTC
- 2025-10-29T22:01:03Z
- Projects
- green_bay_ming
- Commodities
- copper
Annual Report to shareholdersTransaction · MediumExtracted
FY24 annual report: acquisition of Rambler Metals and Mining Canada Ltd and 1948565 Ontario Inc (Green Bay project) on 19 Oct 2023 for A$65.1m total consideration; Maritime port access agreement.
- Document ID
- ar_fy24_20240906
- Published UTC
- 2024-09-05T22:17:41Z
- Projects
- green_bay_ming · little_deer
- Commodities
- copper
Evidence facts35
337115000 AUD
2026-09-302200000000.0 AUD
2026-08-25516000000.0 AUD
2026-10-29mid-2027 None
2026-10-29872770736 shares
2026-10-2944949180 rights
2026-10-292194000000.0 AUD
2026-08-2541.8 %
2026-08-25127 AUD/t milled
2026-08-2539 %
2026-08-251.78 AUD/share
2026-08-25180000000.0 AUD
2026-08-254975000 AUD
2026-09-302794621 shares
2026-09-30425174000 AUD
2026-06-30768785998 shares
2026-06-30643069099 shares
2025-06-30-8218000 AUD
2026-06-3065100000.0 AUD
2023-10-19immaterial text
2026-09-23Q1 2027 text
2026-10-2016853 shares
2026-09-302026-10-09 date
2026-10-09184295000 AUD
2026-06-30206835000 AUD
2026-03-31229967000 AUD
2025-12-31114318000 AUD
2025-09-301.7 AUD/share
2025-12-04134100000.0 AUD
2025-12-041.355 AUD/share
2026-10-304310798 shares
2026-10-3014508.62 USD/t
2026-10-294031.4 USD/oz
2026-10-2952.191 USD/oz
2026-10-291.4407 AUD/USD
2026-10-29Conflicts requiring judgment1
- Initial capital cost, 1.8Mtpa base case (net of refundable tax credits)
The 29 Oct 2026 quarterly restates initial capex at A$516M (A$513M in the 25 Aug 2026 PEA) and sustaining capex at A$898M (A$876M); the later, post-technical-report figure is used and the A$3M initial capex difference is immaterial to value.