- Last 2026-11-06
- A$0.34
- 1D
- —
- 1M
- —
- YTD
- —
- 1Y
- —
- Fair value
- Locked: sign in to view
- Upside
- Locked: sign in to view
- Mkt cap
- A$27.1M
- EV
- A$19.6M
- Cash
- A$7.5M
- Debt
- A$0
6 newer ASX announcements not yet reflected in this valuation
- ILT September 2026 Quarterly Activities Report & Appendix 5BLatest Four Activities Reports
- Notification regarding unquoted securities - ILTPost Cash Checkpoint Security Event
- Application for quotation of securities - ILTPost Cash Checkpoint Security Event
- Proposed issue of securities - ILTPost Cash Checkpoint Security Event
- Equity Placement to Raise $4.6 MillionPost Cash Checkpoint Capital Raise
- 2026 Annual Report to ShareholdersLatest Annual Report
Investment view
Rating locked: sign in to viewOur rating, thesis and what the price implies are available to subscribers.
Sign in or enter a guest codeAnnouncements
Latest 12 of 0All sources ▸- No announcements are linked to this research.
Event calendar · next 12 months
6 events| Timing | Event | Category | Confidence | Materiality | Investor relevance |
|---|---|---|---|---|---|
| Start within a week of 25 September and about two months of drilling | Isabel and Isabel Extended diamond drilling | Exploration | Company Guided | Medium | Tests whether historical high grades have modern resource potential; no JORC resource yet. |
| Ore sorting late September and flotation by end 2026 | Orient ore sorting and flotation test work | Study | Company Guided | High | Recovery and concentrate quality are essential to move from in-ground equivalent ounces to cash economics. |
| Within roughly two weeks of 25 September update | Orient initial 110-hole drilling program completion | Exploration | Company Guided | Medium | Completion determines when remaining assays can feed the resource update. |
| Within one year of June 2026 application | Regional Herberton EPM grant decisions | Permitting | Company Guided | Medium | Would secure expansion ground around Orient; no mining approval implied. |
| Q4 2026 target | Updated Orient Mineral Resource estimate | Resource Or Reserve | Company Guided | High | Conversion of recent infill and extension assays can change resource scale and confidence. |
| Early 2027 target | Orient scoping study | Study | Company Guided | High | First expected study of capital, operating costs and potential development returns. |
Executive roster
As of 2026-09-27Background checks ▸FY2025 audited director and secretary baseline reconciled to the 10 September 2026 presentation Board & Management roster.
| Executive | Title | Normalized role | Appointed | Sources |
|---|---|---|---|---|
| Donald Garner | Managing Director | Executive Director · Chief Executive | — | Iltani Resources 2025 Annual Report · September 2026 investor presentation |
| Justin Mouchacca | Non-Executive Director and Company Secretary | Company Secretary | — | Iltani Resources 2025 Annual Report · September 2026 investor presentation |
| Erik Norum | Exploration Manager | Technical · Senior Management | — | September 2026 investor presentation |
devCoverage status: Complete As Disclosed
Portfolio detail
Assets
Core asset
Herberton / Orient Silver-Indium Project
Australia
Wholly owned Herberton exploration permits; Orient is resource stage, with other regional targets at exploration stage. QIC has a secured revenue royalty, not ownership.
- Contained metal (attributable)
- 163.8m ozd
- Resource grade
- 81.5 g/t AgEq
- % Measured + Indicated
- 62.2%d
- Resource tonnes
- 62.50 Mt
- Our value per attrib. contained unit
- Locked
- Mining method
- —
Project location
Site imagery
© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.
Resources & reserves2
| Type | Category | Quantity | Grade | Contained minerals | Date |
|---|---|---|---|---|---|
| Mineral Resource | Indicated | 38.8 Mt | 23.2 g/t Ag; 10.8 g/t In; 0.55% Pb; 0.68% Zn; 81.7 g/t AgEq | Silver · Zinc · Lead · Others | 2025-10-30 |
| Mineral Resource | Inferred | 23.7 Mt | 22.3 g/t Ag; 12.9 g/t In; 0.55% Pb; 0.66% Zn; 81.2 g/t AgEq | Silver · Zinc · Lead · Others | 2025-10-30 |
Tenements4
Milestones4
- Orient Mineral Resource update targeted Q4 2026
Pending · High materiality
- Regional EPM applications expected to proceed to grant within a year
Pending · Medium materiality
- Ore sorting and flotation test work target by year-end 2026
Pending · High materiality
- Orient scoping study target in early 2027
Pending · High materiality
Permits & approvals1
| Permit | Jurisdiction | Status | Expiry | Critical path |
|---|---|---|---|---|
| Mining and environmental approvals for potential production | Queensland | Required | — | Yes |
Other
Herberton regional targets including Isabel and Union Jack
Australia
Exploration targets; Isabel historical assays cannot support a JORC resource because collar, survey and assay data are incomplete. Union Jack assays are modest; Boonmoo epithermal drilling had no material result.
- Ownership
- 100%
- Commodity
- Agr
- Country
- AUr
- Best recent intercept (grade x width)
- —
- Metres drilled (12M)
- —
- Exploration spend (12M)
- —
Project location
Site imagery
© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.
Tenements1
Milestones1
- Isabel and Isabel Extended diamond drilling
Pending · Medium materiality
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
Funding covers exploration at reported June-quarter spending pace; development financing is unproven.
Capital structure
Ownership and dilution
- Ordinary shares
- 79.7M
- Fully diluted
- 94.3M
79,724,380 June ordinary shares; the September presentation rounds this to 79.7m and discloses 14.6m unlisted options. Gross fully diluted count is 94,324,380; option exercise proceeds and expiry mix are not modelled.
Security classes2
| Class | Type | Quantity | Strike | Expiry |
|---|---|---|---|---|
| Ordinary shares reported at 30 June 2026 | Ordinary Share | 79.7M | — | — |
| Unlisted options, aggregate disclosure; strike and expiry breakdown unverified | Option | 14.6M | — | — |
KPI history
Operating metrics
Operating metric source table8
| Metric | Project | Period | Period type | Value | Status |
|---|---|---|---|---|---|
| Other - June 2026 quarter | Herberton Orient | June 2026 quarter | Quarter | 67 RC drillholes completed | Reported |
| Other - 25 September 2026 update | Herberton Orient | 25 September 2026 update | Point In Time | 103 hole number underway of 110 planned | Reported |
| Corporate cash balance at 30 June 2025 | Company | FY2025 | Point In Time | 3,366,160 AUD | Reported |
| Corporate cash balance at 31 March 2026 | Company | March 2026 quarter end | Point In Time | 8,139,000 AUD | Reported |
| Corporate cash balance at 30 June 2026 | Company | June 2026 quarter end | Point In Time | 7,515,000 AUD | Reported |
| Quarterly exploration and evaluation cash outflow | Company | June 2026 quarter | Quarter | 1,051,000 AUD | Reported |
| Annual exploration and evaluation cash outflow | Company | FY2026 | Year | 4,301,000 AUD | Reported |
| Estimated quarters of funding at June-quarter spending pace | Company | June 2026 quarter end | Point In Time | 6.7 quarters | Reported |
Company guidance1
| Metric | Project | Period | Low | High | Status |
|---|---|---|---|---|---|
| Initial Orient Infill And Expansion Rc Holes | herberton_orient | 2026 program | 110 | 110 holes | Current |
Capital history
Capital events
| Date | Event | Amount | Shares | Price | Status | Terms |
|---|---|---|---|---|---|---|
| 2025-10-15 | Raising | A$2M | 5.4M | — | 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.
Annual-report baseline and later QIC funding announcement and quarterly cash receipts reviewed; no other live material contractual terms identified in selected primary evidence.
A$6m QIC royalty financing secured on Herberton tenements; 2.0% or 2.5% gross-revenue royalty depending on commercial-production timing.
Royalty · Active- Counterparties
- QIC Critical Minerals and Battery Technology Fund
- Applies to
- Herberton / Orient Silver-Indium Project · Herberton regional targets including Isabel and Union Jack · Silver · Zinc · Lead · Others
- Economic direction
- Burden
- Period
- Dates not stated
- Key terms
- Upfront cash: 6,000,000 AUD
Gross revenue royalty if production by 2030: 2 %
Gross revenue royalty if production after 2030: 2.5 %
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
The team has directly documented exploration and corporate reporting experience. Prior-company governance and environmental outcomes merit review with the favorable court findings, later remediation and limits on personal responsibility preserved. This is limited public-source screening.
Decision-relevant facts
Material summary
Donald Garner
Managing Director
Relevant professional background and qualifications
25+ years in resources; geology and corporate finance experience. At Red River (2014–2021), strategy and business development; issuer credits him with transforming it into a listed company with operating assets. BSc (Hons), MSc and listed professional memberships.
Individual involvement documented · This is an issuer-published career summary; it is not independent verification of every claimed contribution.
Red River grew during Garner’s disclosed strategy role, then later failed
Iltani’s prospectus credits Garner with RVR strategy/business development and describes growth to a $150m listed company with operating Thalanga and Hillgrove assets. A separate later record shows administration/liquidation in 2022–23 after his stated departure in 2021. The promotional growth claim and later failure are kept distinct; no individual causal claim is made.
Individual involvement documented · Prospectus attributes strategy and BD remit; it does not prove sole authorship of company growth. Later failure post-dates tenure.
Orient resource and early testwork advanced under current team
The FY2026 annual report records an initial 62.5 Mt Orient resource estimate and 88 reverse-circulation holes plus two diamond holes in the year; Mining One estimated the resource. In October 2026 five tonnes of drill core were sorted for metallurgical testing, while flotation and the scoping study remained future work.
Role overlaps event; causation unproven · Garner was managing director; resource estimation was performed by an independent consultant and the evidence does not apportion individual contribution. Resource estimates and testwork are not production.
Red River obtained court relief for auditor appointment oversight
Red River did not secure shareholder appointment of its auditor at its 2018, 2019 and 2020 meetings; the Federal Court granted relief in March 2021 and found the failure arose from honest inadvertence. The court validated the appointment and relevant notices and relieved the company and relevant directors/officers from specified civil liabilities.
Role overlaps event; causation unproven · Garner was a Red River executive director during the period. The court found the oversight was due to company secretary Bodley’s honest inadvertence and not dishonesty or intentional action; it did not establish personal fault by Garner.
Evidence gaps · 4
- Degrees and professional memberships have not been independently verified with awarding bodies.
- His precise personal contribution to Red River operating results and later insolvency is not established; insolvency followed his departure.
- Full court, regulatory, environmental and safety searches are not exhaustive; detailed prior-employer career dates and shareholder-return attribution remain limited.
- Separate person-and-employer searches of court, regulator, fraud, safety and environmental records were not completed for every material prior role; broad combined searches cannot establish that those checks were performed.
Justin Mouchacca
Non-Executive Director and Company Secretary
Relevant professional background and qualifications
Chartered Accountant and Governance Institute of Australia Fellow; 15+ years public-company statutory, governance and reporting experience; principal of JM Corporate Services since July 2019.
Individual involvement documented · This is an issuer-published career summary; it is not independent verification of every claimed contribution.
Company secretarial and accounting services were disclosed as related-party services
Iltani’s prospectus discloses JM Corporate Services, for which Mouchacca was sole director and shareholder, was engaged for secretarial and accounting services. The audited FY2026 report records A$108,000 paid to the related entity and describes the arrangement as arm’s length; that description is the company’s, not an independent finding.
Individual involvement documented · Prospectus explicitly identifies ownership/engagement and proposed fee terms; no breach is alleged.
Evidence gaps · 4
- Independent verification of accountancy qualifications and professional memberships was not obtained.
- The commercial benchmarking and conflict-management operation for the disclosed related-party service fees have not been independently reviewed.
- Searches are open-web screening only; comprehensive court, regulator, employer-outcome and current external-appointment records were not obtained.
- Separate person-and-employer searches of court, regulator, fraud, safety and environmental records were not completed for every material prior role; broad combined searches cannot establish that those checks were performed.
Erik Norum
Exploration Manager
Relevant professional background and qualifications
30+ years geology, 20+ in senior/management roles; BSc Applied Geology, Member of Australian Institute of Geoscientists; exploration through resource development and mine geology experience.
Individual involvement documented · This is an issuer-published career summary; it is not independent verification of every claimed contribution.
Technical reporting across the Herberton district
A 2006 signed technical certificate reports that Norum was Intrepid’s Australian exploration manager and identifies his geology degree and professional membership. Iltani’s 2026 report identifies him as the competent person responsible for compiling its exploration results; Mining One, not Norum, is named for the Orient mineral-resource estimate.
Individual involvement documented · The certificate is Norum’s self-report; the company’s competent-person statement identifies his technical reporting role but does not independently verify the degree or attribute the resource estimate to him.
Former Monto subsidiary and mine operator fined after water releases
During the 2011–12 wet season, mine-affected water entered Jamie Creek and the Walsh River from Baal Gammon. Queensland said Monto subsidiary Baal Gammon Copper pleaded guilty to environmental-authority and protection-order breaches and was fined A$80,000 in 2013; operator Kagara was separately fined A$120,000. Queensland’s April 2026 update reports primary remediation completed, but ongoing care and monitoring, and says creek contamination also reflects geological factors and historic mining.
Role overlaps event; causation unproven · Monto’s April 2012 report described Norum as recently appointed exploration manager, a July 2013 announcement names him in that role, and its 2014 report records his August 2014 departure. The precise start date and overlap with the 2011–12 releases are not established. Kagara operated the mine; the sources do not establish that Norum operated the site, directed the releases or committed a breach.
Evidence gaps · 5
- No original court judgment or complete investigation and remediation file was obtained for the 2012 Baal Gammon releases; contemporaneous roles do not establish Norum’s personal involvement.
- Independent confirmation of university degree and current professional membership was not obtained.
- Complete prior-employer history, his specific responsibility for Iltani exploration outcomes, and comprehensive regulator and court records remain unavailable.
- Separate person-and-employer searches of court, regulator, fraud, safety and environmental records were not completed for every material prior role; broad combined searches cannot establish that those checks were performed.
- His exact start date at Monto is unknown, so overlap with the 2011–12 releases is not established; his separate July 2013 exploration role does not establish mine-operation responsibility.
Company ownership
Investors & shareholders
Top registered shareholders
Register at 2025-09-18
| # | Investor / registered holder | % issued shares | Shares held |
|---|---|---|---|
| 1 | 4.63% | 3,050,000 | |
| 2 | 3.43% | 2,260,000 | |
| 3 | 3.18% | 2,100,100 | |
| 4 | 3.03% | 2,000,000 | |
| 5 | 2.55% | 1,680,000 | |
| 6 | 2.44% | 1,606,857 | |
| 7 | 2.37% | 1,562,500 | |
| 8 | 1.69% | 1,116,256 | |
| 9 | 1.60% | 1,054,835 | |
| 10 | 1.54% | 1,016,181 | |
| 11 | 1.48% | 975,000 | |
| 12 | 1.44% | 950,000 | |
| 13 | 1.28% | 846,990 | |
| 14 | 1.24% | 819,731 | |
| 15 | 1.14% | 754,258 | |
| 16 | 1.05% | 694,250 | |
| 17 | 1.03% | 678,343 | |
| 18 | 1.00% | 658,635 | |
| 19 | 0.94% | 619,092 | |
| 20 | 0.90% | 591,795 |
Disclosed substantial holders
Latest reviewed disclosure for each holder or reporting group
| Investor / reported group | Disclosed holding | Holding at |
|---|---|---|
| 8.03%Voting power | 2026-02-02 |
Sources & review notesEvidence checked through 2026-10-09
Coverage and limitations
- Dated registered-holder list is not a complete beneficial-ownership register. Later substantial-holder notices were not fully reconciled for this candidate.
Sources
- 2025 Annual Report to Shareholders
ASX / Iltani Resources Limited · Published 2025-09-30 · Accessed 2026-10-09
Issuer top-20 ordinary-shareholder table as at 2025-09-18.
2025/2025-09-30_2025 Annual Report to Shareholders_c81e01af44a74c0d.pdf, PDF page 50; ordinary shareholder information
- Change in substantial holding
ASX / Iltani Resources Limited · Published 2026-02-03 · Accessed 2026-10-09
Donald Garner and Goatfell Super Fund report 6,297,885 shares and 8.03% voting power as at 2 February 2026.
2026/2026-02-03_Change in substantial holding_b2de4a8b65202397.pdf, Form 604 sections 1–4
Disclosed activity
Insider transactions
Trading activity29 buys · 0 sells shownNet cash last 12 months A$160.0kShow chartHide chart
| Date | Person / account | Activity / security | Quantity | Cash consideration | Price | Holding after |
|---|---|---|---|---|---|---|
| 2026-08-12 | Anthony Reilly
Details & evidence for Anthony Reilly on 2026-08-12Indirect purchase; the notice does not allocate the purchase between the two related accounts. As disclosed: On market purchase.
director · Start not disclosed Marigot Bay Pty Ltd (The Reilly Family A/C) · director and beneficiary of indirect interest account Cheynes Beach Finance Pty Ltd (The Reilly Super Fund A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notice - A Reilly ↗ Change of Director's Interest Notice - A Reilly ↗ | PurchaseFully paid ordinary shares | 100,000 | AUD 45,947.38 | AUD 0.459474Calculated average | 2,300,000 |
| 2026-05-08 | Anthony Reilly
Details & evidence for Anthony Reilly on 2026-05-08Indirect holding after purchase; related accounts are not allocated in this notice. As disclosed: On market purchase.
director · Start not disclosed Marigot Bay Pty Ltd (The Reilly Family A/C) · director and beneficiary of indirect interest account Cheynes Beach Finance Pty Ltd (The Reilly Super Fund A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notice - A Reilly ↗ Change of Director's Interest Notice - A Reilly ↗ | PurchaseFully paid ordinary shares | 23,077 | AUD 10,506.33 | AUD 0.455273Calculated average | 2,200,000 |
| 2026-05-08 | Donald GarnerGoatfell Super Fund Pty Ltd (Goatfell Super Fund A/C)
Details & evidence for Donald Garner on 2026-05-08Indirect Goatfell Super Fund A/C purchase. The 13 October 2026 Form 604 later reports the earlier 3,335,630 balance; this subsequent mismatch is recorded on that holding observation. As disclosed: On market share purchase.
director · Start not disclosed Goatfell Super Fund Pty Ltd (Goatfell Super Fund A/C) · director and beneficiary Change of Director's Interest Notice - D Garner ↗ Change of Director's Interest Notice - D Garner ↗ | PurchaseFully paid ordinary shares | 59,523 | AUD 26,135.22 | AUD 0.439078Calculated average | 3,417,880 |
| 2026-04-28to 2026-04-29 | Anthony Reilly
Details & evidence for Anthony Reilly on 2026-04-28Transaction date reported as 28–29 April 2026; related indirect accounts are not allocated. As disclosed: On market purchase.
director · Start not disclosed Marigot Bay Pty Ltd (The Reilly Family A/C) · director and beneficiary of indirect interest account Cheynes Beach Finance Pty Ltd (The Reilly Super Fund A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notice - A Reilly ↗ Change of Director's Interest Notice - A Reilly ↗ | PurchaseFully paid ordinary shares | 75,854 | AUD 32,424.21 | AUD 0.427456Calculated average | 2,176,923 |
| 2026-02-06 | Anthony Reilly
Details & evidence for Anthony Reilly on 2026-02-06Indirect holding after purchase; related accounts are not allocated in this notice. As disclosed: On market purchase.
director · Start not disclosed Marigot Bay Pty Ltd (The Reilly Family A/C) · director and beneficiary of indirect interest account Cheynes Beach Finance Pty Ltd (The Reilly Super Fund A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notice - A Reilly ↗ Change of Director's Interest Notice - A Reilly ↗ | PurchaseFully paid ordinary shares | 24,146 | AUD 10,865.70 | AUD 0.45Calculated average | 2,101,069 |
| 2026-02-06 | Donald GarnerGoatfell Super Fund Pty Ltd (Goatfell Super Fund A/C)
Details & evidence for Donald Garner on 2026-02-06Indirect Goatfell Super Fund purchase; the director notice states Garner is director and beneficiary of the entity. As disclosed: On market share purchase
director · Start not disclosed Goatfell Super Fund Pty Ltd (Goatfell Super Fund A/C) · director and beneficiary Change of Director's Interest Notice - D Garner ↗ Change of Director's Interest Notice - D Garner ↗ | PurchaseFully paid ordinary shares | 22,727 | AUD 10,212.67 | AUD 0.449363Calculated average | 3,358,357 |
| 2026-02-02 | Anthony Reilly
Details & evidence for Anthony Reilly on 2026-02-02The director notice describes exercise via a cashless exercise facility, while the issuer Appendix 2A reports cash consideration as Yes at the $0.30 strike. Actual cash paid cannot be established; no cash amount is inferred. As disclosed: Exercise of options via cashless exercise facility.
director · Start not disclosed Marigot Bay Pty Ltd (The Reilly Family A/C) · director and beneficiary of indirect interest account Cheynes Beach Finance Pty Ltd (The Reilly Super Fund A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notices x4 ↗ Change of Director's Interest Notices x4 ↗ Application for quotation of securities - ILT ↗ Application for quotation of securities - ILT ↗ Notification of cessation of securities - ILT ↗ | ExerciseFully paid ordinary shares from exercise of $0.30 options | 1,076,923 | —Mixed Unallocated | — | 2,076,923 |
| 2026-02-02 | Justin MouchaccaMouch Pty Ltd (Mouch Family A/C)
Details & evidence for Justin Mouchacca on 2026-02-02The director notice describes exercise via a cashless exercise facility, while the issuer Appendix 2A reports cash consideration as Yes at the $0.30 strike. Actual cash paid cannot be established; no cash amount is inferred. As disclosed: Exercise of options via cashless exercise facility.
director · Start not disclosed Mouch Pty Ltd (Mouch Family A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notices x4 ↗ Change of Director's Interest Notices x4 ↗ Application for quotation of securities - ILT ↗ Application for quotation of securities - ILT ↗ Notification of cessation of securities - ILT ↗ | ExerciseFully paid ordinary shares from exercise of $0.30 options | 807,692 | —Mixed Unallocated | — | 1,766,274 |
| 2026-02-02 | Donald Garner
Details & evidence for Donald Garner on 2026-02-02The director notice describes exercise via a cashless exercise facility, while the issuer Appendix 2A reports cash consideration as Yes at the $0.30 strike. Actual cash paid cannot be established; no cash amount is inferred. As disclosed: Exercise of options via cashless exercise facility.
director · Start not disclosed Goatfell Super Fund Pty Ltd (Goatfell Super Fund A/C) · director and beneficiary Change of Director's Interest Notices x4 ↗ Change of Director's Interest Notices x4 ↗ Application for quotation of securities - ILT ↗ Application for quotation of securities - ILT ↗ Notification of cessation of securities - ILT ↗ | ExerciseFully paid ordinary shares from exercise of $0.30 options | 1,292,308 | —Mixed Unallocated | — | 2,962,255 |
| 2026-02-02 | Karina BaderDavid John Moreton
Details & evidence for Karina Bader on 2026-02-02Indirect interest held by spouse David John Moreton. A$61,250 cash consideration is disclosed and the issuer Appendix 2A confirms cash at the A$0.3225 strike. As disclosed: Exercise of options via cashless exercise facility.
director · 2025-01-22 Change of Director's Interest Notices x4 ↗ Change of Director's Interest Notices x4 ↗ Application for quotation of securities - ILT ↗ | ExerciseFully paid ordinary shares from exercise of $0.3225 options | 189,922 | AUD 61,250.00 | AUD 0.3225Disclosed price | 224,178 |
| 2025-12-11 | Anthony Reilly
Details & evidence for Anthony Reilly on 2025-12-11Indirect holding; related account is not allocated in this notice. As disclosed: On market purchase.
director · Start not disclosed Marigot Bay Pty Ltd (The Reilly Family A/C) · director and beneficiary of indirect interest account Cheynes Beach Finance Pty Ltd (The Reilly Super Fund A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notice - A Reilly ↗ Change of Director's Interest Notice - A Reilly ↗ | PurchaseFully paid ordinary shares | 50,000 | AUD 23,927.59 | AUD 0.478552Calculated average | 1,000,000 |
| 2025-12-11 | Karina BaderDavid John Moreton
Details & evidence for Karina Bader on 2025-12-11Rights registered to spouse David John Moreton; approved at the 25 November 2025 AGM. As disclosed: 750,000 performance rights issued for nil consideration.
director · 2025-01-22 Change of Director's Interest Notice - K Bader ↗ Change of Director's Interest Notice - K Bader ↗ | GrantPerformance rights | 750,000 | —Non Cash | — | 750,000 |
| 2025-10-24 | Anthony Reilly
Details & evidence for Anthony Reilly on 2025-10-24Conversion of the remaining 500,000 performance rights reported in the 15 October notice. As disclosed: Conversion of performance rights for nil consideration.
director · Start not disclosed Marigot Bay Pty Ltd (The Reilly Family A/C) · director and beneficiary of indirect interest account Cheynes Beach Finance Pty Ltd (The Reilly Super Fund A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notice x3 ↗ Change of Director's Interest Notice x3 ↗ | VestingFully paid ordinary shares from performance-rights conversion | 500,000 | —Non Cash | — | 1,250,000 |
| 2025-10-24 | Justin MouchaccaMouch Pty Ltd (Mouch Family A/C)
Details & evidence for Justin Mouchacca on 2025-10-24Conversion of the remaining 250,000 performance rights reported in the 15 October notice. As disclosed: Conversion of performance rights for nil consideration.
director · Start not disclosed Mouch Pty Ltd (Mouch Family A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notice x3 ↗ Change of Director's Interest Notice x3 ↗ | VestingFully paid ordinary shares from performance-rights conversion | 250,000 | —Non Cash | — | 958,582 |
| 2025-10-24 | Donald Garner
Details & evidence for Donald Garner on 2025-10-24Conversion of the remaining 750,000 performance rights reported in the 15 October notice. As disclosed: Conversion of performance rights for nil consideration.
director · Start not disclosed Goatfell Super Fund Pty Ltd (Goatfell Super Fund A/C) · director and beneficiary Change of Director's Interest Notice x3 ↗ Change of Director's Interest Notice x3 ↗ | VestingFully paid ordinary shares from performance-rights conversion | 750,000 | —Non Cash | — | 1,669,947 |
| 2025-10-15 | Anthony Reilly
Details & evidence for Anthony Reilly on 2025-10-15500,000 rights converted; the notice reports 500,000 rights remaining after this change. As disclosed: Conversion of performance rights for nil consideration.
director · Start not disclosed Marigot Bay Pty Ltd (The Reilly Family A/C) · director and beneficiary of indirect interest account Cheynes Beach Finance Pty Ltd (The Reilly Super Fund A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notice x3 ↗ Change of Director's Interest Notice x3 ↗ | VestingFully paid ordinary shares from performance-rights conversion | 500,000 | —Non Cash | — | 750,000 |
| 2025-10-15 | Justin MouchaccaMouch Pty Ltd (Mouch Family A/C)
Details & evidence for Justin Mouchacca on 2025-10-15250,000 rights converted; the notice reports 250,000 rights remaining after this change. As disclosed: Conversion of performance rights for nil consideration.
director · Start not disclosed Mouch Pty Ltd (Mouch Family A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notice x3 ↗ Change of Director's Interest Notice x3 ↗ | VestingFully paid ordinary shares from performance-rights conversion | 250,000 | —Non Cash | — | 708,582 |
| 2025-10-15 | Donald Garner
Details & evidence for Donald Garner on 2025-10-15750,000 rights converted; the notice reports 750,000 rights remaining after this change. As disclosed: Conversion of performance rights for nil consideration.
director · Start not disclosed Goatfell Super Fund Pty Ltd (Goatfell Super Fund A/C) · director and beneficiary Change of Director's Interest Notice x3 ↗ Change of Director's Interest Notice x3 ↗ | VestingFully paid ordinary shares from performance-rights conversion | 750,000 | —Non Cash | — | 919,947 |
| 2025-08-11 | Anthony Reilly
Details & evidence for Anthony Reilly on 2025-08-11Indirect holding; the related account is not allocated in this notice. As disclosed: On market purchases.
director · Start not disclosed Marigot Bay Pty Ltd (The Reilly Family A/C) · director and beneficiary of indirect interest account Cheynes Beach Finance Pty Ltd (The Reilly Super Fund A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notice - A Reilly ↗ Change of Director's Interest Notice - A Reilly ↗ | PurchaseFully paid ordinary shares | 150,465 | AUD 30,845.00 | AUD 0.204998Calculated average | 950,000 |
| 2025-06-27 | Anthony Reilly
Details & evidence for Anthony Reilly on 2025-06-27Related indirect accounts are not allocated in the notice. As disclosed: SPP shares issued at $0.215 per share.
director · Start not disclosed Marigot Bay Pty Ltd (The Reilly Family A/C) · director and beneficiary of indirect interest account Cheynes Beach Finance Pty Ltd (The Reilly Super Fund A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notice x4 ↗ Change of Director's Interest Notice x4 ↗ | SubscriptionFully paid ordinary shares | 139,535 | — | AUD 0.215Disclosed price | 799,535 |
| 2025-06-27 | Justin MouchaccaMouch Pty Ltd (Mouch Family A/C)
Details & evidence for Justin Mouchacca on 2025-06-27As disclosed: SPP shares issued at $0.215 per share.
director · Start not disclosed Mouch Pty Ltd (Mouch Family A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notice x4 ↗ Change of Director's Interest Notice x4 ↗ | SubscriptionFully paid ordinary shares | 139,535 | — | AUD 0.215Disclosed price | 458,582 |
| 2025-06-27 | Donald GarnerGoatfell Super Fund Pty Ltd (Goatfell Super Fund A/C)
Details & evidence for Donald Garner on 2025-06-27As disclosed: SPP shares issued at $0.215 per share.
director · Start not disclosed Goatfell Super Fund Pty Ltd (Goatfell Super Fund A/C) · director and beneficiary Change of Director's Interest Notice x4 ↗ Change of Director's Interest Notice x4 ↗ | SubscriptionFully paid ordinary shares | 46,512 | — | AUD 0.215Disclosed price | 3,335,630 |
| 2025-06-27 | Donald Garner
Details & evidence for Donald Garner on 2025-06-27As disclosed: SPP shares issued at $0.215 per share.
director · Start not disclosed Goatfell Super Fund Pty Ltd (Goatfell Super Fund A/C) · director and beneficiary Change of Director's Interest Notice x4 ↗ Change of Director's Interest Notice x4 ↗ | SubscriptionFully paid ordinary shares | 93,024 | — | AUD 0.215Disclosed price | 169,947 |
| 2025-06-27 | Karina Bader
Details & evidence for Karina Bader on 2025-06-27As disclosed: SPP shares issued at $0.215 per share.
director · 2025-01-22 Change of Director's Interest Notice x4 ↗ Change of Director's Interest Notice x4 ↗ | SubscriptionFully paid ordinary shares | 23,256 | — | AUD 0.215Disclosed price | 34,256 |
| 2025-02-06 | Anthony Reilly
Details & evidence for Anthony Reilly on 2025-02-06Indirect holdings shown as 619,047 before and 660,000 after; account not identified. As disclosed: On market purchases.
director · Start not disclosed Marigot Bay Pty Ltd (The Reilly Family A/C) · director and beneficiary of indirect interest account Cheynes Beach Finance Pty Ltd (The Reilly Super Fund A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notice - A Reilly ↗ Change of Director's Interest Notice - A Reilly ↗ | PurchaseFully paid ordinary shares | 40,953 | — | AUD 0.215Disclosed price | 660,000 |
| 2025-02-03to 2025-02-06 | Karina Bader
Details & evidence for Karina Bader on 2025-02-03Notice reports a transaction date range 3-6 February; source does not split the quantity across those dates. As disclosed: On market acquisitions.
director · 2025-01-22 Change of Director's Interest Notice - K Bader ↗ Change of Director's Interest Notice - K Bader ↗ | PurchaseFully paid ordinary shares | 11,000 | AUD 2,365.00 | AUD 0.215Calculated average | 11,000 |
| 2025-02-03 | Karina Bader
Details & evidence for Karina Bader on 2025-02-03As disclosed: Options issued pursuant to the Company’s Long Term Incentive Plan; appointment-letter option terms stated in the Initial Director’s Interest Notice.
director · 2025-01-22 Change of Director's Interest Notice - K Bader ↗ Change of Director's Interest Notice - K Bader ↗ | GrantOptions exercisable at A$0.43 | 500,000 | —Non Cash | — | 500,000 |
| 2025-02-03 | Karina Bader
Details & evidence for Karina Bader on 2025-02-03As disclosed: Options issued pursuant to the Company’s Long Term Incentive Plan; appointment-letter option terms stated in the Initial Director’s Interest Notice.
director · 2025-01-22 Change of Director's Interest Notice - K Bader ↗ Change of Director's Interest Notice - K Bader ↗ | GrantOptions exercisable at A$0.3225 | 500,000 | —Non Cash | — | 500,000 |
| 2024-12-16 | Anthony Reilly
Details & evidence for Anthony Reilly on 2024-12-16Indirect accounts are not allocated in the director notice. As disclosed: Placement shares issued at $0.21 per share.
director · Start not disclosed Marigot Bay Pty Ltd (The Reilly Family A/C) · director and beneficiary of indirect interest account Cheynes Beach Finance Pty Ltd (The Reilly Super Fund A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notices X3 ↗ Change of Director's Interest Notices X3 ↗ | SubscriptionFully paid ordinary shares | 119,047 | — | AUD 0.21Disclosed price | 619,047 |
| 2024-12-16 | Justin MouchaccaMouch Pty Ltd (Mouch Family A/C)
Details & evidence for Justin Mouchacca on 2024-12-16As disclosed: Placement shares issued at $0.21 per share.
director · Start not disclosed Mouch Pty Ltd (Mouch Family A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notices X3 ↗ Change of Director's Interest Notices X3 ↗ | SubscriptionFully paid ordinary shares | 119,047 | — | AUD 0.21Disclosed price | 319,047 |
| 2024-12-16 | Donald GarnerGoatfell Super Fund Pty Ltd (Goatfell Super Fund A/C)
Details & evidence for Donald Garner on 2024-12-16As disclosed: Placement shares issued at $0.21 per share.
director · Start not disclosed Goatfell Super Fund Pty Ltd (Goatfell Super Fund A/C) · director and beneficiary Change of Director's Interest Notices X3 ↗ Change of Director's Interest Notices X3 ↗ | SubscriptionFully paid ordinary shares | 119,047 | — | AUD 0.21Disclosed price | 3,289,118 |
| 2024-12-10 | Anthony Reilly
Details & evidence for Anthony Reilly on 2024-12-10Direct holding after grant 1,000,000 rights. As disclosed: Performance rights issued pursuant to shareholder approval granted at the Company’s 29 November 2024 Annual General Meeting.
director · Start not disclosed Marigot Bay Pty Ltd (The Reilly Family A/C) · director and beneficiary of indirect interest account Cheynes Beach Finance Pty Ltd (The Reilly Super Fund A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notices X3 ↗ Change of Director's Interest Notices X3 ↗ | GrantPerformance rights | 1,000,000 | —Non Cash | — | 1,000,000 |
| 2024-12-10 | Justin MouchaccaMouch Pty Ltd (Mouch Family A/C)
Details & evidence for Justin Mouchacca on 2024-12-10Indirect holding after grant 500,000 rights via Mouch Pty. As disclosed: Performance rights issued pursuant to shareholder approval granted at the Company’s 29 November 2024 Annual General Meeting.
director · Start not disclosed Mouch Pty Ltd (Mouch Family A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notices X3 ↗ Change of Director's Interest Notices X3 ↗ | GrantPerformance rights | 500,000 | —Non Cash | — | 500,000 |
| 2024-12-10 | Donald Garner
Details & evidence for Donald Garner on 2024-12-10Direct holding after grant 1,500,000 rights. As disclosed: Performance rights issued pursuant to shareholder approval granted at the Company’s 29 November 2024 Annual General Meeting.
director · Start not disclosed Goatfell Super Fund Pty Ltd (Goatfell Super Fund A/C) · director and beneficiary Change of Director's Interest Notices X3 ↗ Change of Director's Interest Notices X3 ↗ | GrantPerformance rights | 1,500,000 | —Non Cash | — | 1,500,000 |
| 2024-08-19 | Anthony Reilly
Details & evidence for Anthony Reilly on 2024-08-19Indirect holding; account not identified in this notice. As disclosed: On market purchase.
director · Start not disclosed Marigot Bay Pty Ltd (The Reilly Family A/C) · director and beneficiary of indirect interest account Cheynes Beach Finance Pty Ltd (The Reilly Super Fund A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notice - A Reilly ↗ Change of Director's Interest Notice - A Reilly ↗ | PurchaseFully paid ordinary shares | 50,000 | AUD 9,000.00 | AUD 0.18Calculated average | 500,000 |
| 2024-08-19 | Donald GarnerGoatfell Super Fund Pty Ltd (Goatfell Super Fund A/C)
Details & evidence for Donald Garner on 2024-08-19Indirect Goatfell Super Fund A/C purchase. As disclosed: On market purchases.
director · Start not disclosed Goatfell Super Fund Pty Ltd (Goatfell Super Fund A/C) · director and beneficiary Change of Director's Interest Notice - D Garner ↗ Change of Director's Interest Notice - D Garner ↗ | PurchaseFully paid ordinary shares | 55,555 | AUD 9,999.90 | AUD 0.18Calculated average | 3,170,071 |
| 2024-03-27 | Anthony Reilly
Details & evidence for Anthony Reilly on 2024-03-27Indirect holding; account not identified in this notice. As disclosed: On market purchase.
director · Start not disclosed Marigot Bay Pty Ltd (The Reilly Family A/C) · director and beneficiary of indirect interest account Cheynes Beach Finance Pty Ltd (The Reilly Super Fund A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notice - A Reilly ↗ Change of Director's Interest Notice - A Reilly ↗ | PurchaseFully paid ordinary shares | 30,000 | AUD 4,500.00 | AUD 0.15Calculated average | 450,000 |
| 2024-03-15 | Anthony Reilly
Details & evidence for Anthony Reilly on 2024-03-15Indirect holdings shown as 350,000 before and 420,000 after; registered related account not identified. As disclosed: On market purchases.
director · Start not disclosed Marigot Bay Pty Ltd (The Reilly Family A/C) · director and beneficiary of indirect interest account Cheynes Beach Finance Pty Ltd (The Reilly Super Fund A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notice - A Reilly ↗ Change of Director's Interest Notice - A Reilly ↗ | PurchaseFully paid ordinary shares | 70,000 | AUD 11,200.00 | AUD 0.16Calculated average | 420,000 |
| 2023-11-20 | Donald GarnerGoatfell Super Fund Pty Ltd (Goatfell Super Fund A/C)
Details & evidence for Donald Garner on 2023-11-20Indirect Goatfell account holding rose from 3,050,000 to 3,114,516. As disclosed: On market purchases.
director · Start not disclosed Goatfell Super Fund Pty Ltd (Goatfell Super Fund A/C) · director and beneficiary Change of Director's Interest Notice - D Garner ↗ Change of Director's Interest Notice - D Garner ↗ | PurchaseFully paid ordinary shares | 64,516 | AUD 10,862.83 | AUD 0.168374Calculated average | 3,114,516 |
| 2023-11-16 | Anthony Reilly
Details & evidence for Anthony Reilly on 2023-11-16Indirect holding; account not identified in this notice. As disclosed: On market purchase.
director · Start not disclosed Marigot Bay Pty Ltd (The Reilly Family A/C) · director and beneficiary of indirect interest account Cheynes Beach Finance Pty Ltd (The Reilly Super Fund A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notice - A Reilly ↗ Change of Director's Interest Notice - A Reilly ↗ | PurchaseFully paid ordinary shares | 50,000 | AUD 7,500.00 | AUD 0.15Calculated average | 350,000 |
| 2023-10-27 | Anthony Reilly
Details & evidence for Anthony Reilly on 2023-10-27Indirect holding; account not identified in this notice. As disclosed: On market purchases.
director · Start not disclosed Marigot Bay Pty Ltd (The Reilly Family A/C) · director and beneficiary of indirect interest account Cheynes Beach Finance Pty Ltd (The Reilly Super Fund A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notice - A Reilly ↗ Change of Director's Interest Notice - A Reilly ↗ | PurchaseFully paid ordinary shares | 105,000 | AUD 13,500.00 | AUD 0.128571Calculated average | 300,000 |
| 2023-10-27 | Donald Garner
Details & evidence for Donald Garner on 2023-10-27As disclosed: On market purchases.
director · Start not disclosed Goatfell Super Fund Pty Ltd (Goatfell Super Fund A/C) · director and beneficiary Change of Director's Interest Notice - D Garner ↗ Change of Director's Interest Notice - D Garner ↗ | PurchaseFully paid ordinary shares | 76,923 | AUD 10,321.12 | AUD 0.134175Calculated average | 76,923 |
| 2023-07-26to 2023-07-28 | Anthony Reilly
Details & evidence for Anthony Reilly on 2023-07-26Indirect holding; transaction date reported as 26–28 July 2023. As disclosed: On market purchases.
director · Start not disclosed Marigot Bay Pty Ltd (The Reilly Family A/C) · director and beneficiary of indirect interest account Cheynes Beach Finance Pty Ltd (The Reilly Super Fund A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notice - A Reilly ↗ Change of Director's Interest Notice - A Reilly ↗ | PurchaseFully paid ordinary shares | 75,000 | AUD 18,000.00 | AUD 0.24Calculated average | 195,000 |
| 2023-07-24 | Anthony Reilly
Details & evidence for Anthony Reilly on 2023-07-24Indirect holding after notice 120,000; source does not allocate purchase between two disclosed related entities. As disclosed: On market purchases.
director · Start not disclosed Marigot Bay Pty Ltd (The Reilly Family A/C) · director and beneficiary of indirect interest account Cheynes Beach Finance Pty Ltd (The Reilly Super Fund A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notice - A Reilly ↗ Change of Director's Interest Notice - A Reilly ↗ | PurchaseFully paid ordinary shares | 120,000 | AUD 26,400.00 | AUD 0.22Calculated average | 120,000 |
| 2023-07-20to 2023-07-24 | Justin MouchaccaMouch Pty Ltd (Mouch Family A/C)
Details & evidence for Justin Mouchacca on 2023-07-20Indirect holding through Mouch Pty; transaction date reported as 20–24 July 2023. As disclosed: On market purchases.
director · Start not disclosed Mouch Pty Ltd (Mouch Family A/C) · director and beneficiary of indirect interest account Change of Director's Interest Notice - J Mouchacca ↗ Change of Director's Interest Notice - J Mouchacca ↗ | PurchaseFully paid ordinary shares | 75,000 | AUD 16,875.00 | AUD 0.225Calculated average | 200,000 |
Disclosed holding observations11 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 |
|---|---|---|---|---|
| 2026-02-06 | Donald Garner
Details & evidence for Donald Garner on 2026-02-06Direct position unchanged in this notice.
director · Start not disclosed Goatfell Super Fund Pty Ltd (Goatfell Super Fund A/C) · director and beneficiary Change of Director's Interest Notice - D Garner ↗ | PositionFully paid ordinary shares | 2,962,255 | — |
| 2026-02-06 | Donald Garner
Details & evidence for Donald Garner on 2026-02-06After disclosed 22,727-share on-market purchase; held through Goatfell Super Fund A/C.
director · Start not disclosed Goatfell Super Fund Pty Ltd (Goatfell Super Fund A/C) · director and beneficiary Change of Director's Interest Notice - D Garner ↗ | PositionFully paid ordinary shares | 3,358,357 | — |
| 2023-10-27 | Donald Garner
Details & evidence for Donald Garner on 2023-10-27Position already held before and unchanged by this share purchase; not a grant.
director · Start not disclosed Goatfell Super Fund Pty Ltd (Goatfell Super Fund A/C) · director and beneficiary Change of Director's Interest Notice - D Garner ↗ | PositionOptions exercisable at A$0.30 on or before 22 June 2026 | 2,400,000 | — |
| 2023-10-27 | Donald Garner
Details & evidence for Donald Garner on 2023-10-27Position already held before and unchanged by this share purchase; not a grant.
director · Start not disclosed Goatfell Super Fund Pty Ltd (Goatfell Super Fund A/C) · director and beneficiary Change of Director's Interest Notice - D Garner ↗ | PositionOptions exercisable at A$0.40 on or before 22 June 2027 | 3,350,000 | — |
| 2023-07-03 | Donald Garner
Details & evidence for Donald Garner on 2023-07-03Initial director notice reports shares through Goatfell Super Fund A/C; not a new transaction.
director · Start not disclosed Goatfell Super Fund Pty Ltd (Goatfell Super Fund A/C) · director and beneficiary Initial Director's Interest Notices x3 ↗ | InitialFully paid ordinary shares | 3,050,000 | — |
| 2023-07-03 | Justin Mouchacca
Details & evidence for Justin Mouchacca on 2023-07-03Initial director notice reports options through Mouch Pty; not a new grant.
director · Start not disclosed Mouch Pty Ltd (Mouch Family A/C) · director and beneficiary of indirect interest account Initial Director's Interest Notices x3 ↗ | InitialOptions exercisable at A$0.30 on or before 22 June 2026 | 1,500,000 | — |
| 2023-07-03 | Justin Mouchacca
Details & evidence for Justin Mouchacca on 2023-07-03Initial director notice reports options through Mouch Pty; not a new grant.
director · Start not disclosed Mouch Pty Ltd (Mouch Family A/C) · director and beneficiary of indirect interest account Initial Director's Interest Notices x3 ↗ | InitialOptions exercisable at A$0.40 on or before 22 June 2027 | 1,500,000 | — |
| 2023-07-03 | Justin Mouchacca
Details & evidence for Justin Mouchacca on 2023-07-03Initial director notice reports shares through Mouch Pty; not a new transaction.
director · Start not disclosed Mouch Pty Ltd (Mouch Family A/C) · director and beneficiary of indirect interest account Initial Director's Interest Notices x3 ↗ | InitialFully paid ordinary shares | 125,000 | — |
| 2023-07-03 | Anthony Reilly
Details & evidence for Anthony Reilly on 2023-07-03Initial director notice reports options held through Marigot Bay Pty Ltd; not a new grant.
director · Start not disclosed Marigot Bay Pty Ltd (The Reilly Family A/C) · director and beneficiary of indirect interest account Cheynes Beach Finance Pty Ltd (The Reilly Super Fund A/C) · director and beneficiary of indirect interest account Initial Director's Interest Notices x3 ↗ | InitialOptions exercisable at A$0.30 on or before 22 June 2026 | 2,000,000 | — |
| 2023-07-03 | Anthony Reilly
Details & evidence for Anthony Reilly on 2023-07-03Initial director notice reports options held through Marigot Bay Pty Ltd; not a new grant.
director · Start not disclosed Marigot Bay Pty Ltd (The Reilly Family A/C) · director and beneficiary of indirect interest account Cheynes Beach Finance Pty Ltd (The Reilly Super Fund A/C) · director and beneficiary of indirect interest account Initial Director's Interest Notices x3 ↗ | InitialOptions exercisable at A$0.40 on or before 22 June 2027 | 2,000,000 | — |
| 2023-07-03 | Anthony Reilly
Details & evidence for Anthony Reilly on 2023-07-03Initial director notice reports direct shares; not a new transaction.
director · Start not disclosed Marigot Bay Pty Ltd (The Reilly Family A/C) · director and beneficiary of indirect interest account Cheynes Beach Finance Pty Ltd (The Reilly Super Fund A/C) · director and beneficiary of indirect interest account Initial Director's Interest Notices x3 ↗ | InitialFully paid ordinary shares | 250,000 | — |
The closest covered peers
Peer comparison
Peer comparison pending
An on-demand analysis selects up to five closest peers and checks what their differences mean for independent fair value.
Narrative and provenance
Research & Sources
The full analyst report, its figures and the broker-style PDF are available to subscribers and invited guests.
Sign in or enter a guest codeChronological evidenceSource-document inventory11 documents
Local ASX ILT daily closeMarket Data · HighExtracted
ILT local daily closes through 25 September 2026, including preceding sessions around material announcements; market data provider collection provider.
- Document ID
- price_local
- Published UTC
- 2026-09-25T06:00:00Z
- Projects
- —
- Commodities
- —
Herberton regional exploration updateResults · HighExtracted
Latest release: Union Jack and Boonmoo assays, Isabel plans, and Orient 110-hole program progress.
- Document ID
- regional_sep25
- Published UTC
- 2026-09-24T23:13:00Z
- Projects
- herberton_regional
- Commodities
- silver · zinc · lead · others · copper · gold · tin
Orient West infill drilling assaysResults · HighExtracted
Sixteen Orient West RC-hole assay results strengthen infill continuity; Q4 MRE and early-2027 scoping remain targets.
- Document ID
- orient_west_sep21
- Published UTC
- 2026-09-20T22:56:00Z
- Projects
- herberton_orient
- Commodities
- silver · zinc · lead · others
September 2026 investor presentationPresentation · HighExtracted
Presentation updates securities, drilling record, planned resource, metallurgy and scoping milestones.
- Document ID
- presentation_sep10
- Published UTC
- 2026-09-10T02:01:00Z
- Projects
- herberton_orient
- Commodities
- silver · zinc · lead · others
Orient East, West and Vein One drillingResults · HighExtracted
Nine RC-hole assays indicate potential resource extensions, without a revised JORC estimate.
- Document ID
- orient_expansion_sep07
- Published UTC
- 2026-09-06T23:36:00Z
- Projects
- herberton_orient
- Commodities
- silver · zinc · lead · others
Orient Link Zone extension drillingResults · HighExtracted
Link Zone intercepts outside the existing resource support extension potential, pending resource conversion.
- Document ID
- link_zone_sep04
- Published UTC
- 2026-09-03T22:57:00Z
- Projects
- herberton_orient
- Commodities
- silver · zinc · lead · others
June 2026 Quarterly Activities and Cash Flow ReportResults · HighExtracted
Quarterly confirms A$7.515m cash, 79.724m shares and 6.7 quarters reported funding runway.
- Document ID
- quarter2026
- Published UTC
- 2026-07-28T23:37:00Z
- Projects
- herberton_orient
- Commodities
- silver · zinc · lead · others
Blue Ocean Equities Iltani Alpha Note: Hi-Yo Silver Away!Other · MediumExtracted
Dated 3 December 2025 broker note. Its A$382m illustrative NPV relies on assumed 2.5Mtpa plant, low strip ratio and estimated unit costs; firm discloses potential investment-banking conflict. Publication time not verified, so timestamp is a date-only placeholder and event is excluded from price markers.
- Document ID
- blue_ocean_dec2025
- Published UTC
- 2025-12-03T00:00:00Z
- Projects
- herberton_orient
- Commodities
- silver · zinc · lead · others
Maiden Orient East and combined Orient Mineral ResourceResource Update · HighExtracted
Combined Orient Indicated and Inferred resource; exploration target remains separate.
- Document ID
- orient_mre
- Published UTC
- 2025-10-29T22:59:00Z
- Projects
- herberton_orient
- Commodities
- silver · zinc · lead · others
QIC Critical Minerals and Battery Technology Fund investmentEconomic Arrangement · HighExtracted
A$6m royalty investment and A$2m equity investment; royalty secured over Herberton tenements.
- Document ID
- qic_royalty
- Published UTC
- 2025-10-14T22:36:00Z
- Projects
- herberton_orient
- Commodities
- silver · zinc · lead · others
Iltani Resources 2025 Annual ReportResults · HighExtracted
FY2025 audited baseline, leadership and exploration-stage risks.
- Document ID
- annual2025
- Published UTC
- 2025-09-30T07:06:00Z
- Projects
- herberton_orient
- Commodities
- silver · zinc · lead · others
Evidence facts49
3366160 AUD
2025-06-30Donald Garner None
2025-09-30Justin Mouchacca None
2025-09-301186911 AUD
2025-06-306000000 AUD
2025-10-152 %
2025-10-152.5 %
2025-10-155405405 shares
2025-10-150.37 AUD/share
2025-10-1562.5 Mt
2025-10-3081.5 g/t AgEq
2025-10-30163.8 Moz AgEq
2025-10-307515000 AUD
2026-06-3079724380 shares
2026-06-306.7 quarters
2026-06-3067 holes
2026-06-308139000 AUD
2026-03-311051000 AUD
2026-06-301126000 AUD
2026-06-304301000 AUD
2026-06-300.45 AUD/share
2026-09-2525186 shares
2026-09-250.45 AUD/share
2026-09-240.5 AUD/share
2026-09-180.49 AUD/share
2026-09-2113m at 334 g/t AgEq from 141m None
2026-09-04240m strike defined; additional 400m untested None
2026-09-0471m at 81 g/t AgEq from 133m None
2026-09-0724m at 68 g/t AgEq from 106m None
2026-09-0714600000 options
2026-09-1079700000 shares, rounded
2026-09-10Q4 2026 None
2026-09-10end 2026 None
2026-09-10early 2027 None
2026-09-1018700000 AUD before costs
2026-09-10239 RC and 12 diamond holes None
2026-09-10725 tonnes
2025-10-3046 Moz
2025-10-30Erik Norum None
2026-09-1019m at 343 g/t AgEq from 114m None
2026-09-2110m at 308 g/t AgEq from 66m None
2026-09-21110 holes, expected completion September 2026 None
2026-09-214m at 5.5 g/t Ag and 0.30% Cu from 166m None
2026-09-25No material results None
2026-09-2510 holes, 1800m, planned within a week None
2026-09-25103rd of 110 holes being drilled None
2026-09-252.5 Mtpa
2025-12-03382000000 AUD
2025-12-03Blue Ocean Equities does, and seeks to do, business with covered companies None
2025-12-03