Price, volume & events
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- Last 2026-11-06
- A$0.004
- 1D
- —
- 1M
- —
- YTD
- —
- 1Y
- —
- Fair value
- Locked: sign in to view
- Upside
- Locked: sign in to view
- Mkt cap
- A$9.1M
- EV
- —
- Cash
- A$739K
- Debt
- A$0
6 newer ASX announcements not yet reflected in this valuation
- Quarterly Activities/Appendix 5B Cash Flow ReportLatest Four Activities Reports
- Notification regarding unquoted securities - KTAPost Cash Checkpoint Security Event
- Company Presentation - 121 Mining Investment Global OnlineLatest Operating Presentation
- Company Presentation - A Strategic European AssetLatest Operating Presentation
- Notification of cessation of securities - KTAPost Cash Checkpoint Security Event
- Annual Report to shareholdersLatest Annual Report
Investment view
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Sign in or enter a guest codeAnnouncements
Latest 12 of 0All sources ▸- No announcements are linked to this research.
Event calendar · next 12 months
4 events| Timing | Event | Category | Confidence | Materiality | Investor relevance |
|---|---|---|---|---|---|
| Later in 2026 | Target maiden Zopkhito JORC resource | Resource Or Reserve | Company Guided | High | A compliant resource is the next underwriting gate for the core asset. |
| 2026 exploration program | Zopkhito metallurgical and preliminary mining studies | Study | Company Guided | Medium | Recovery and development assumptions need primary study evidence before a mine NAV. |
| 6 October 2026 | General meeting on options, performance rights and placement capacity | Governance | Confirmed | High | Approval can add contingent dilution and authorize a further 500m-share placement. |
| 31 December 2026 | First Zopkhito investment option deadline | Economic Arrangement | Confirmed | High | US$2.625m consideration for 30% interest is a material funding and ownership decision. |
Executive roster
As of 2026-09-27Background checks ▸FY2025 annual roster, February 2026 country-operations appointment and later issuer releases; no later complete senior-management roster was verified.
| Executive | Title | Normalized role | Appointed | Sources |
|---|---|---|---|---|
| Mark Major | Chief Executive Officer | Chief Executive | — | FY2025 annual report |
| Colin Locke | Executive Chairman | Executive Director | — | FY2025 annual report |
| David Palumbo | Non-executive Director · Company Secretary | Other · Company Secretary | — | FY2025 annual report |
| Graham Wall | Country Operations Manager | Senior Management | 2026-02-18 | Krakatoa strengthens Zopkhito team |
devCoverage status: Partial
Portfolio detail
Assets
Core asset
Zopkhito
Georgia
Discovery Drill Stage0% ownedGoldOthers
Current legal interest not verified; model records 0% present ownership and values only the conditional exclusive option for up to 80%, net of staged consideration and free carry.
- Ownership
- 0.0%d
- Commodity
- Aur
- Country
- GEr
- Best recent intercept (grade x width)
- 112.8 g/t.md
- Metres drilled (12M)
- —
- Exploration spend (12M)
- —
Project location
Site imagery
Loading 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
Milestones2
- Maiden JORC mineral resource
Pending · High materiality
- First investment option deadline
Pending · High materiality
Material
Mt Clere / Tower
Australia
Resource Stage100% ownedRare Earths
Tower JORC resource; no current economic study or reserve; drilling and processing studies proposed.
- Contained metal (attributable)
- —
- Resource grade
- —
- % Measured + Indicated
- —
- Resource tonnes
- —
- Our value per attrib. contained unit
- Locked
- Mining method
- —
Project location
Approximate location
Loading 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 | 40 Mt | 824 ppm TREO | Rare Earths | 2022-11-21 |
| Mineral Resource | inferred | 61 Mt | 852 ppm TREO | Rare Earths | 2022-11-21 |
Tenements8
Milestones1
- Processing study / further shallow drilling
Pending · Medium materiality
Other
King Tamba
Australia
Resource Stage100% ownedOthersLithium
JORC inferred rubidium-lithium resource; described as retention asset in FY2025 report.
- Contained metal (attributable)
- —
- Resource grade
- —
- % Measured + Indicated
- —
- Resource tonnes
- —
- Our value per attrib. contained unit
- Locked
- Mining method
- —
Project location
Site imagery
Loading 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 & reserves1
| Type | Category | Quantity | Grade | Contained minerals | Date |
|---|---|---|---|---|---|
| Mineral Resource | inferred | 5 Mt | 0.14% Rb2O; 0.05% Li2O | Others · Lithium | 2023-03-09 |
Tenements6
Other
Turon
Australia
Early Explorer100% ownedGold
NSW exploration tenure; no current resource or study.
- Ownership
- 10,000.0%
- Commodity
- Aur
- Country
- AUr
- Best recent intercept (grade x width)
- —
- Metres drilled (12M)
- —
- Exploration spend (12M)
- —
Project location
Site imagery
Loading 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
Other
Rand
Australia
Early Explorer100% ownedGold
NSW exploration tenure; no current resource or study.
- Ownership
- 10,000.0%
- Commodity
- —
- Country
- —
- Best recent intercept (grade x width)
- —
- Metres drilled (12M)
- —
- Exploration spend (12M)
- —
Project location
Approximate location
Loading 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.
Tenements2
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
Last reported cash is stale relative to two completed A$4m gross placements. Pro forma cash is analytical only and subject to fees, drilling and potential US$ option consideration.
Capital structure
Ownership and dilution
- Ordinary shares
- 2B
- Fully diluted
- 2.5B
Issued ordinary shares from 12 August Appendix 2A. Fully diluted sum includes existing quoted/unquoted options and 80m performance rights, ignoring exercise proceeds and vesting. Proposed AGM securities excluded.
Security classes5
| Class | Type | Quantity | Strike | Expiry |
|---|---|---|---|---|
| KTA ordinary shares | Ordinary Share | 2B | — | — |
| Quoted KTAOD options; strike not established in cited Appendix 2A | Option | 342.1M | — | 2028-09-29 |
| Unquoted options | Option | 79M | A$0.02 | 2026-09-30 |
| Unquoted options | Option | 20M | A$0.05 | 2027-03-25 |
| Performance rights; vesting conditional | Performance Right | 80M | — | — |
KPI history
Operating metrics
Operating metric source table4
| Metric | Project | Period | Period type | Value | Status |
|---|---|---|---|---|---|
| Reported cash balance | Company | 30 June 2024 | Point In Time | 1,314,206 AUD | Reported |
| Reported cash balance | Company | 30 June 2025 | Point In Time | 1,544,735 AUD | Reported |
| Reported cash balance | Company | 31 March 2026 | Point In Time | 1,034,000 AUD | Reported |
| Reported cash balance | Company | 30 June 2026 | Point In Time | 739,000 AUD | Reported |
Capital history
Capital events
| Date | Event | Amount | Shares | Price | Status | Terms |
|---|---|---|---|---|---|---|
| 2026-08-12Ann. 2026-08-07 | RaisingOrdinary Share | A$2.4M | 400M | A$0.006 | Completed | Ordinary placement shares; proposed attaching/manager options excluded pending shareholder approval.Max 400M · From 2026-08-07 · Lodge Partners |
| 2026-07-10Ann. 2026-07-06 | RaisingOrdinary Share | A$1.6M | 400M | A$0.004 | Completed | Ordinary placement shares; proposed attaching/manager options excluded pending shareholder approval.Max 400M · From 2026-07-06 · Lodge Partners |
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.
Amended Zopkhito agreement examined; no separate material offtake, stream or hedge identified in reviewed filings.
One integrated earn-in, option and free-carry arrangement. Neither 10% nor 80% ownership is assumed already acquired.
Earn In · Conditional- Counterparties
- JSC Caucasus Minerals
- Applies to
- Zopkhito · Gold · Others
- Economic direction
- Mixed
- Period
- 2026-04-17 to 2027-12-12
- Key terms
- First 30% option price: 2,625,000 USD
Second additional 50% option price: 4,375,000 USD
Vendor 10% put price: 875,000 USD
Minimum exploration/development spend: 2,000,000 USD
Vendor free carry: Through decision to mine after first investment option
Vendor election to receive option consideration in KTA shares: 20 % maximum
How it affects our valuation
No valuation treatment is available for this arrangement.
Intrinsic value
Valuation
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
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 combines exploration, finance and overseas operations experience. Major’s prior Hodges listing failure, Krakatoa’s funding dependence, an unreconciled South Crofty delivery claim, and gaps in personal attribution and technical-team continuity constrain confidence.
Decision-relevant facts
Material summary
Mark Major
Chief Executive Officer
FailureDocumented · High materiality
Hodges ASX suspension and removal during executive tenure
The ASX announcement history reproduced by deListed says Hodges was suspended in March 2015 after failing to lodge its December 2014 half-year accounts and was removed from the official list in August 2016 after listing fees were unpaid. An independent director listing identifies Major as managing director and a Hodges report named him managing director in 2012. The original suspension and removal notices were not independently obtained; the available record does not establish his individual responsibility.
Role overlaps event; causation unproven · Company-level governance and financial outcomes during reported managing-director tenure; neither source establishes personal misconduct or why the fees were not paid.
Hodges Resources half-year financial report · PDF p. 3, director roster
Hodges Resources ASX and corporate history · ASX history: 17 March 2015, 23–29 August 2016
Hodges Resources announcements and directors · ASX announcements and directors list
FailureDocumented · Medium materiality
FY2026 loss and financing dependence
Krakatoa reported a FY2026 net loss of A$5.784 million versus A$2.522 million in FY2025 and A$739,459 cash at 30 June. The directors’ going-concern assessment depended principally on further equity funding; the audit identified going concern as a key audit matter. The annual report also says A$4 million was raised after year-end. Independent reporting on the September quarter states cash was A$2.03 million after those placements.
Role overlaps event; causation unproven · Company-level financial outcome during management tenure; additional capital raised after 30 June is not part of the June cash balance and individual causation is not established.
Annual report FY2026 · PDF pp. 4, 39, 63
September quarterly results and funding position · Cash Position and Runway
Evidence gaps · 4
- Independent credential/degree confirmation and exact dates for Hodges Resources and Aquiline roles were not located in this search.
- Original ASX suspension/removal notices and Major’s role in the filing and fee decisions were not independently obtained.
- The prior Aquiline position cited in the historic report was not independently established from an accessible source and has been omitted.
- The 30 October 2026 September-quarter ASX filing was not independently retrieved; September cash figures are attributed to a secondary report.
Colin Locke
Executive Chairman
No supported material findings selected. See this executive’s report and evidence gaps.
David Palumbo
Non-executive Director / Company Secretary
Personal SuccessIssuer Reported · Medium materiality
Role in identifying early exploration projects
In its October 2020 announcement Krakatoa’s board proposed a bonus share issue for Palumbo for identifying the Rand, Turon and Mt Clere projects for direct application. The announcement is evidence of the board’s stated reason for the proposed award; it does not establish project profitability or prove that the proposed award was later issued.
Individual involvement documented · The board’s statement connects Palumbo to identifying the projects; subsequent outcomes and award issuance were not independently established.
Appointment of Mark Major as Chief Executive Officer · p. 2, proposed director bonus
Graham Wall
Country Operations Manager (listed by issuer on 14 October 2026)
No supported material findings selected. See this executive’s report and evidence gaps.
Evidence gaps · 2
- Public sources reviewed did not establish a full dated prior-employer chronology, quantified personal delivery record, and independently verified credentials.
- The issuer’s 14 October 2026 presentation listed the role; continuity after that date is unconfirmed; prior employers, project dates and independent qualifications remain incompletely verified.
Owen Mihalop
Technical Consultant (listed by issuer on 14 October 2026)
Company SuccessIssuer Reported · Medium materiality
South Crofty water treatment plant commissioned
Cornish Metals reported commissioning and opening its South Crofty mine water treatment plant in October 2023. Its announcement identifies Mihalop as COO and the technical data’s qualified person. The mine was still being dewatered toward a future investment decision; this is not an assertion of restored tin production.
Role overlaps event; causation unproven · Mihalop was COO during the commissioning and compiled technical information; the issuer credits a broader project team and contractors for delivery.
South Crofty water treatment plant commissioning · pp. 1–2, commissioning and qualified-person statement
Role FitAnalyst Inference · Medium materiality
Underground mine-development experience
Issuer biographies describe underground mining and South Crofty project-development work; that experience appears relevant to evaluating Zopkhito’s historic underground workings. His specific current mandate and continued engagement remain unverified.
Responsibility not applicable · Analytical inference from documented roles; project outcomes are not attributed solely to the consultant.
Cornish Metals announces management change · management change
GovernanceDocumented · High materiality
Krakatoa’s South Crofty profitability description conflicts with former issuer reporting
Krakatoa’s 14 October 2026 presentation describes Mihalop as having taken South Crofty into profitable operations. Cornish Metals’ FY2025 results, issued in April 2026, instead describe South Crofty as a development project working toward construction, financing, a final investment decision and future production. The differing descriptions are not reconciled; the source does not show that Mihalop authored Krakatoa’s statement.
Employer context; no individual link established · This compares company statements; it does not establish personal responsibility for the Krakatoa presentation or allege misconduct.
Company presentation – 121 Mining Investment Global Online · PDF p. 17, management biography
Final results for year ended 31 December 2025 · Company highlights; outlook for 2026
Evidence gaps · 3
- The issuer listed him on 14 October 2026; the precise consultant mandate and continuity after that date are not independently confirmed.
- Prior-employer chronology, independent qualifications, and original safety/environment investigation records remain incomplete.
- The basis for Krakatoa’s characterization of South Crofty as profitable operations is not explained in the reviewed material.
Company ownership
Investors & shareholders
Top registered shareholders
Register at 2025-09-23
| # | Investor / registered holder | % issued shares | Shares held |
|---|---|---|---|
| 1 | 32.19% | 311,609,068 | |
| 2 | 5.38% | 52,038,182 | |
| 3 | 4.42% | 42,745,834 | |
| 4 | 2.36% | 22,869,230 | |
| 5 | 2.20% | 21,329,836 | |
| 6 | 2.10% | 20,314,363 | |
| 7 | 1.60% | 15,523,810 | |
| 8 | 1.48% | 14,304,259 | |
| 9 | 1.13% | 10,904,762 | |
| 10 | 1.08% | 10,500,000 | |
| 11 | 1.06% | 10,300,000 | |
| 12 | 1.03% | 10,000,000 | |
| 13 | 1.03% | 10,000,000 | |
| 14 | 1.03% | 10,000,000 | |
| 15 | 0.96% | 9,314,551 | |
| 16 | 0.94% | 9,100,000 | |
| 17 | 0.89% | 8,571,000 | |
| 18 | 0.88% | 8,566,660 | |
| 19 | 0.88% | 8,536,905 | |
| 20 | 0.88% | 8,500,000 |
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
- Annual Report to shareholders
ASX / Krakatoa Resources Limited · Published 2025-09-29 · Accessed 2026-10-09
Issuer top-20 ordinary-shareholder table as at 2025-09-23.
2025/2025-09-29_Annual Report to shareholders_4ec558a0a6618495.pdf, PDF page 60; ordinary shareholder information
Disclosed activity
Insider transactions
Trading activity5 buys · 0 sells shownNet cash last 12 months A$42.0kShow chartHide chart
On-market buyPlacement / plan subscriptionSaleMarker size = cash valueGrant, exercise, expiry or transferBars: cash bought (up) and sold (down) per month
| Date | Person / account | Activity / security | Quantity | Cash consideration | Price | Holding after |
|---|---|---|---|---|---|---|
| 2026-10-21 | Timothy Hogan
Details & evidence for Timothy Hogan on 2026-10-21Performance rights granted following 6 October 2026 shareholder approval. As disclosed: Issue of Performance Rights following shareholder approval.
director · Start not disclosed Change of Director's Interest Notice x 3 ↗ Change of Director's Interest Notice x 3 ↗ | GrantPerformance rights with $0.015 hurdle | 10,000,000 | —Non Cash | — | 10,000,000 |
| 2026-10-21 | David Palumbo
Details & evidence for David Palumbo on 2026-10-21Performance rights granted following 6 October 2026 shareholder approval. As disclosed: Issue of Performance Rights following shareholder approval.
director · Start not disclosed David Palumbo <Palumbo Family Trust> · trustee and beneficiary David Lee Palumbo <Palumbo Family A/c> · indirect interest account disclosed in 2025 notice Change of Director's Interest Notice x 3 ↗ Change of Director's Interest Notice x 3 ↗ | GrantPerformance rights with $0.015 hurdle | 20,000,000 | —Non Cash | — | 20,000,000 |
| 2026-10-21 | Colin Locke
Details & evidence for Colin Locke on 2026-10-21Performance rights granted following 6 October 2026 shareholder approval. As disclosed: Issue of Performance Rights following shareholder approval.
director · Start not disclosed Change of Director's Interest Notice x 3 ↗ Change of Director's Interest Notice x 3 ↗ | GrantPerformance rights with $0.015 hurdle | 30,000,000 | —Non Cash | — | 30,000,000 |
| 2025-11-28 | David Palumbo
Details & evidence for David Palumbo on 2025-11-28Attaching options issued separately from November 18 placement shares. As disclosed: Attaching Options to Director Placement Shares.
director · Start not disclosed David Palumbo <Palumbo Family Trust> · trustee and beneficiary David Lee Palumbo <Palumbo Family A/c> · indirect interest account disclosed in 2025 notice Change of Director's Interest Notice x 2 ↗ Change of Director's Interest Notice x 2 ↗ | GrantOptions exercisable at $0.02 through 29 September 2028 | 1,000,000 | —Non Cash | — | 1,000,000 |
| 2025-11-28 | Colin Locke
Details & evidence for Colin Locke on 2025-11-28Attaching options issued separately from November 18 placement shares. As disclosed: Attaching Options to Director Placement Shares.
director · Start not disclosed Change of Director's Interest Notice x 2 ↗ Change of Director's Interest Notice x 2 ↗ | GrantOptions exercisable at $0.02 through 29 September 2028 | 1,000,000 | —Non Cash | — | 1,000,000 |
| 2025-11-18 | David Palumbo
Details & evidence for David Palumbo on 2025-11-18Director placement approved 31 October 2025; attaching options issued later separately. As disclosed: Director Placement Shares as approved by shareholders.
director · Start not disclosed David Palumbo <Palumbo Family Trust> · trustee and beneficiary David Lee Palumbo <Palumbo Family A/c> · indirect interest account disclosed in 2025 notice Change of Director's Interest Notice x 2 ↗ Change of Director's Interest Notice x 2 ↗ Application for quotation of securities - KTA ↗ | SubscriptionFully paid ordinary shares | 2,000,000 | AUD 21,000.00 | AUD 0.0105Disclosed price | 4,400,000 |
| 2025-11-18 | Colin Locke
Details & evidence for Colin Locke on 2025-11-18Director placement approved 31 October 2025; attaching options issued later separately. As disclosed: Director Placement Shares as approved by shareholders.
director · Start not disclosed Change of Director's Interest Notice x 2 ↗ Change of Director's Interest Notice x 2 ↗ Application for quotation of securities - KTA ↗ | SubscriptionFully paid ordinary shares | 2,000,000 | AUD 21,000.00 | AUD 0.0105Disclosed price | 7,015,000 |
| 2025-03-25 | David PalumboDavid Lee Palumbo <Palumbo Family A/c>
Details & evidence for David Palumbo on 2025-03-25As disclosed: 4,000,000 Fully Paid Ordinary Shares; value/consideration $40,000; director placement shares approved at 21 March 2025 general meeting.
director · Start not disclosed David Palumbo <Palumbo Family Trust> · trustee and beneficiary David Lee Palumbo <Palumbo Family A/c> · indirect interest account disclosed in 2025 notice Change of Director's Interest Notice x 2 ↗ Change of Director's Interest Notice x 2 ↗ | SubscriptionFully Paid Ordinary Shares | 4,000,000 | AUD 40,000.00 | AUD 0.01Calculated average | 6,100,000 |
| 2025-03-25 | David PalumboDavid Lee Palumbo <Palumbo Family A/c>
Details & evidence for David Palumbo on 2025-03-25As disclosed: 15,000,000 Performance Rights ($0.05 hurdle); consideration Nil.
director · Start not disclosed David Palumbo <Palumbo Family Trust> · trustee and beneficiary David Lee Palumbo <Palumbo Family A/c> · indirect interest account disclosed in 2025 notice Change of Director's Interest Notice x 2 ↗ Change of Director's Interest Notice x 2 ↗ | GrantPerformance Rights (A$0.05 hurdle) | 15,000,000 | —Non Cash | — | 15,000,000 |
| 2025-03-25 | Colin Locke
Details & evidence for Colin Locke on 2025-03-25As disclosed: 4,000,000 Fully Paid Ordinary Shares; value/consideration $40,000; director placement shares approved at 21 March 2025 general meeting.
director · Start not disclosed Change of Director's Interest Notice x 2 ↗ Change of Director's Interest Notice x 2 ↗ | SubscriptionFully Paid Ordinary Shares | 4,000,000 | AUD 40,000.00 | AUD 0.01Calculated average | 5,015,000 |
| 2025-03-25 | Colin Locke
Details & evidence for Colin Locke on 2025-03-25As disclosed: 20,000,000 Performance Rights ($0.05 hurdle); consideration Nil.
director · Start not disclosed Change of Director's Interest Notice x 2 ↗ | GrantPerformance Rights (A$0.05 hurdle) | 20,000,000 | —Non Cash | — | 20,000,000 |
| 2023-11-29 | David Palumbo
Details & evidence for David Palumbo on 2023-11-29As disclosed: 2,100,000 options exercisable at $0.075 on or before 29 November 2023; expired.
director · Start not disclosed David Palumbo <Palumbo Family Trust> · trustee and beneficiary David Lee Palumbo <Palumbo Family A/c> · indirect interest account disclosed in 2025 notice Change of Director's Interest Notice x 3 ↗ Change of Director's Interest Notice x 3 ↗ | ExpiryOptions, exercise price A$0.075, expiry 2023-11-29 | 2,100,000 | —Not Disclosed | — | 0 |
| 2023-11-29 | Colin Locke
Details & evidence for Colin Locke on 2023-11-29As disclosed: 2,500,000 Share Appreciation Rights at A$0.40 hurdle, vesting on or before 30 November 2023; expired.
director · Start not disclosed Change of Director's Interest Notice x 3 ↗ Change of Director's Interest Notice x 3 ↗ | ExpiryShare Appreciation Rights, vesting hurdle A$0.40, expiry 2023-11-30 | 2,500,000 | —Not Disclosed | — | 0 |
| 2023-11-29 | Colin Locke
Details & evidence for Colin Locke on 2023-11-29As disclosed: 2,500,000 Share Appreciation Rights at A$0.30 hurdle, vesting on or before 30 November 2023; expired.
director · Start not disclosed Change of Director's Interest Notice x 3 ↗ Change of Director's Interest Notice x 3 ↗ | ExpiryShare Appreciation Rights, vesting hurdle A$0.30, expiry 2023-11-30 | 2,500,000 | —Not Disclosed | — | 0 |
| 2023-11-29 | Colin Locke
Details & evidence for Colin Locke on 2023-11-29As disclosed: 2,500,000 Share Appreciation Rights at A$0.20 hurdle, vesting on or before 30 November 2023; expired.
director · Start not disclosed Change of Director's Interest Notice x 3 ↗ Change of Director's Interest Notice x 3 ↗ | ExpiryShare Appreciation Rights, vesting hurdle A$0.20, expiry 2023-11-30 | 2,500,000 | —Not Disclosed | — | 0 |
| 2023-11-29 | Colin Locke
Details & evidence for Colin Locke on 2023-11-29As disclosed: 4,000,000 options exercisable at $0.075 on or before 29 November 2023; expired.
director · Start not disclosed Change of Director's Interest Notice x 3 ↗ Change of Director's Interest Notice x 3 ↗ | ExpiryOptions, exercise price A$0.075, expiry 2023-11-29 | 4,000,000 | —Not Disclosed | — | 0 |
| 2023-11-29 | Timothy Hogan
Details & evidence for Timothy Hogan on 2023-11-29As disclosed: 3,000,000 options exercisable at $0.075 on or before 29 November 2023; expired.
director · Start not disclosed Change of Director's Interest Notice x 3 ↗ Change of Director's Interest Notice x 3 ↗ | ExpiryOptions, exercise price A$0.075, expiry 2023-11-29 | 3,000,000 | —Not Disclosed | — | 0 |
| 2023-02-02 | David Palumbo
Details & evidence for David Palumbo on 2023-02-02As disclosed: 398,500 Fully Paid Ordinary Shares acquired; value/consideration $16,885.50; on-market purchase.
director · Start not disclosed David Palumbo <Palumbo Family Trust> · trustee and beneficiary David Lee Palumbo <Palumbo Family A/c> · indirect interest account disclosed in 2025 notice Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ | PurchaseFully Paid Ordinary Shares | 398,500 | AUD 16,885.50 | AUD 0.042373Calculated average | 1,900,000 |
Disclosed holding observations7 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 |
|---|---|---|---|---|
| 2025-03-25 | Colin Locke
Details & evidence for Colin Locke on 2025-03-25
director · Start not disclosed Change of Director's Interest Notice x 2 ↗ | PositionFully Paid Ordinary Shares | 114,000 | — |
| 2025-03-25 | Colin Locke
Details & evidence for Colin Locke on 2025-03-25
director · Start not disclosed Change of Director's Interest Notice x 2 ↗ | PositionFully Paid Ordinary Shares | 200,000 | — |
| 2025-03-25 | Colin Locke
Details & evidence for Colin Locke on 2025-03-25
director · Start not disclosed Change of Director's Interest Notice x 2 ↗ | PositionPerformance Rights (A$0.05 hurdle) | 20,000,000 | — |
| 2025-03-25 | Colin Locke
Details & evidence for Colin Locke on 2025-03-25
director · Start not disclosed Change of Director's Interest Notice x 2 ↗ | PositionFully Paid Ordinary Shares | 5,015,000 | — |
| 2025-03-25 | David Palumbo
Details & evidence for David Palumbo on 2025-03-25
director · Start not disclosed David Palumbo <Palumbo Family Trust> · trustee and beneficiary David Lee Palumbo <Palumbo Family A/c> · indirect interest account disclosed in 2025 notice Change of Director's Interest Notice x 2 ↗ | PositionFully Paid Ordinary Shares | 2,400,000 | — |
| 2025-03-25 | David Palumbo
Details & evidence for David Palumbo on 2025-03-25
director · Start not disclosed David Palumbo <Palumbo Family Trust> · trustee and beneficiary David Lee Palumbo <Palumbo Family A/c> · indirect interest account disclosed in 2025 notice Change of Director's Interest Notice x 2 ↗ | PositionPerformance Rights (A$0.05 hurdle) | 15,000,000 | — |
| 2025-03-25 | David Palumbo
Details & evidence for David Palumbo on 2025-03-25
director · Start not disclosed David Palumbo <Palumbo Family Trust> · trustee and beneficiary David Lee Palumbo <Palumbo Family A/c> · indirect interest account disclosed in 2025 notice Change of Director's Interest Notice x 2 ↗ | PositionFully Paid Ordinary Shares | 6,100,000 | — |
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Narrative and provenance
Research & Sources
AI Analyst Report
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Sign in or enter a guest codeChronological evidenceSource-document inventory14 documents
KTA.AX local daily price observationMarket Data · HighExtracted
Latest eligible local KTA ordinary-share close, 25 September 2026: A$0.006, reported volume zero; the reference-price helper reports a fresh two-day-old observation.
- Document ID
- kta_price_2026
- Published UTC
- 2026-09-25T07:00:00Z
- Projects
- —
- Commodities
- —
Zopkhito assays from current drillingResults · HighExtracted
Recent high-grade intercepts, including 1.8 m at 11.09 g/t Au and 3.56% Sb. Company targets maiden JORC resource later in 2026.
- Document ID
- zop_assays_2026
- Published UTC
- 2026-09-08T00:34:00Z
- Projects
- zopkhito
- Commodities
- gold · others
Notice of general meeting for 6 OctoberGovernance · HighExtracted
Shareholders to vote on attaching placement/manager options, future placement capacity and 90m management performance rights; proposals are not issued securities.
- Document ID
- agm_notice_2026
- Published UTC
- 2026-09-04T09:49:00Z
- Projects
- —
- Commodities
- —
Appendix 2A quotation of August sharesCorporate Action · HighExtracted
Confirms 400m August placement shares quoted and 2,012,261,009 total ordinary shares; lists existing quoted/unquoted options and performance rights.
- Document ID
- shares_aug_2026
- Published UTC
- 2026-08-12T10:02:00Z
- Projects
- —
- Commodities
- —
August strategic placementFinancing · HighExtracted
A$2.4m strategic placement at 0.6 cents. Proceeds earmarked partly for US$875k first 10% Zopkhito interest, but closing was not verified.
- Document ID
- aug_raise_2026
- Published UTC
- 2026-08-07T01:20:00Z
- Projects
- zopkhito
- Commodities
- gold · others
June 2026 quarterly activities and Appendix 5BOperations · HighExtracted
June quarter cash, cash burn, tenure schedule and drill progress; July placement disclosed as subsequent event.
- Document ID
- june_quarter_2026
- Published UTC
- 2026-07-30T03:24:00Z
- Projects
- zopkhito · mt_clere · king_tamba · turon · rand
- Commodities
- gold · others · rare_earths · lithium
July 2026 placementFinancing · HighExtracted
A$1.6m placement at 0.4 cents; attaching options and manager options subject to shareholder approval.
- Document ID
- july_raise_2026
- Published UTC
- 2026-07-06T01:04:00Z
- Projects
- —
- Commodities
- —
Zopkhito amended and restated agreementEconomic Arrangement · HighExtracted
Exclusive option to acquire up to 80% of Zopkhito with staged US-dollar payments, minimum exploration spend and vendor free carry; no exercise completion established.
- Document ID
- zop_deal_2026
- Published UTC
- 2026-04-17T01:55:00Z
- Projects
- zopkhito
- Commodities
- gold · others
Krakatoa strengthens Zopkhito teamLeadership · MediumExtracted
Graham Wall appointed Country Operations Manager and Owen Mihalop appointed technical consultant.
- Document ID
- zop_team_2026
- Published UTC
- 2026-02-18T04:00:00Z
- Projects
- zopkhito
- Commodities
- gold · others
Mt Clere exploration updateResource Update · HighExtracted
The headline says 801 ppm but the current resource table repeats 840 ppm. Processing work and shallow drilling remain prospective. Time normalized to 12:00 AWST because the release time was unavailable.
- Document ID
- mt_clere_2026
- Published UTC
- 2026-02-02T04:00:00Z
- Projects
- mt_clere
- Commodities
- rare_earths
FY2025 annual reportResults · HighExtracted
Board/management roster, project background and FY2025 financial statements. Foreign Zopkhito resource is not JORC-compliant.
- Document ID
- annual_2025
- Published UTC
- 2025-09-29T08:10:00Z
- Projects
- zopkhito · mt_clere · king_tamba · turon · rand
- Commodities
- gold · others · rare_earths · lithium
East Coast Research initiation report on Krakatoa ResourcesPresentation · MediumExtracted
Historical company-paid research argues for a peer EV/resource valuation and antimony scarcity premium. Its 655.1m diluted-share basis predates 2026 placements and its near-term JORC expectation remained unfulfilled by cutoff. Research is an outside view, not a valuation input.
- Document ID
- ecr_2025
- Published UTC
- 2025-06-10T04:00:00Z
- Projects
- zopkhito
- Commodities
- gold · others
King Tamba maiden MREResource Update · HighExtracted
5 Mt inferred JORC mineral resource at 0.14% Rb2O and 0.05% Li2O; no economic study. Time normalized to 12:00 AWST because the release time was unavailable.
- Document ID
- tamba_mre_2023
- Published UTC
- 2023-03-09T04:00:00Z
- Projects
- king_tamba
- Commodities
- others · lithium
Tower Rare Earth Project maiden MREResource Update · HighExtracted
Original competent-person resource table: 101 Mt at 840 ppm TREO, 40 Mt indicated and 61 Mt inferred at 300 ppm TREO minus CeO2 cutoff. Time normalized to 12:00 AWST because the release time was unavailable.
- Document ID
- tower_mre_2022
- Published UTC
- 2022-11-21T04:00:00Z
- Projects
- mt_clere
- Commodities
- rare_earths
Evidence facts35
840 ppm TREO
2022-11-21101 Mt
2022-11-215 Mt
2023-03-090.14 %
2023-03-090.05 %
2023-03-091544735 AUD
2025-06-302522113 AUD
2025-06-301314206 AUD
2024-06-30801 ppm TREO
2026-02-02840 ppm TREO
2026-02-0230 %
2026-04-172625000 USD
2026-04-174375000 USD
2026-04-171600000 AUD
2026-07-06400000000 shares
2026-07-06739000 AUD
2026-06-30608000 AUD
2026-06-301.21 quarters
2026-06-301034000 AUD
2026-03-312400000 AUD
2026-08-07400000000 shares
2026-08-072012261009 shares
2026-08-12342063469 options
2026-08-122026-10-06 None
2026-09-04500000000 shares
2026-09-0411.09 g/t Au
2026-09-083.56 % Sb
2026-09-080.006 AUD/share
2026-09-250 shares
2026-09-250.0075 AUD/share
2026-09-070.007 AUD/share
2026-09-08655100000 shares
2025-06-10East Coast Research engaged and paid by Krakatoa None
2025-06-10Country Operations Manager None
2026-02-18Technical Consultant None
2026-02-18Conflicts requiring judgment1
- mt_clere.Tower.resource.grade_TREO_ppm
Use the original competent-person MRE table at 840 ppm, corroborated by the February 2026 resource table; treat 801 ppm in its headline as an inconsistent headline figure.