OREMAVEN
XMM 7,722.00 -2.63% YTD +5.6% OM ASX 450.55 -2.56% YTD +0.1% OM PRECIOUS 349.20 -2.24% YTD +2.5% OM EX-PREC 418.91 -2.72% YTD -1.1% XAU 4,115.59 +2.31% YTD -4.9% GLD 375.49 +0.81% YTD -5.2% GDX 85.75 +1.37% YTD -0.0% SIL 77.33 -1.00% YTD -7.3% COPX 70.23 -5.81% YTD -1.8% URNM 40.07 -2.79% YTD -27.0%
2026-11-06
◂ Monitor MI6 ASX

Minerals 260 Limited

PFS Developer · Gold · Australia Rating locked: sign in to view v8 · mi6-20261024t213814-full
Last 2026-11-06
A$0.75
1D
—
1M
—
YTD
—
1Y
—
Upside
Locked: sign in to view
Mkt cap
A$1.9B
EV
A$1.5B
Cash
A$183M
Debt
A$0
3 newer ASX announcements not yet reflected in this valuation

Narrative and provenance

Research & Sources

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Chronological evidenceSource-document inventory21 documents
Grade Control Drilling Strengthens Bullabulling ResourceOperations · HighPartial

Retained issuer release; factual evidence screened through prepared V8 pages. Core valuation tables rechecked in this run; unused image appendices are not numeric evidence.

Document ID
doc-mi6-2026-10-13-drill
Published UTC
2026-10-12T21:22:43+00:00
Projects
bullabulling
Commodities
gold
Open original source ↗
MI6 eligible local closing observationMarket Data · HighExtracted

Latest eligible local raw close 0.84 AUD; volume 25,519,590; market data provider via miners.collect_stock_prices; one ASX ordinary share; same-day observation, not an October 24 quote.

Document ID
doc-mi6-2026-10-13-market-close
Published UTC
2026-10-13T06:00:00+00:00
Projects
—
Commodities
—
Open original source ↗
Resources and Energy Quarterly September 2026Commodity Data · HighPartial

Independent nominal and real gold outlook; Table 9.1 physical page 88. US and Australian real series use different base years and calendar versus financial years.

Document ID
doc-mi6-2026-10-02-req
Published UTC
2026-10-02T00:00:00+00:00
Projects
bullabulling
Commodities
gold
Open original source ↗
Notice of General Meeting and Letter to ShareholdersGovernance · MediumPartial

Retained issuer release; factual evidence screened through prepared V8 pages. Core valuation tables rechecked in this run; unused image appendices are not numeric evidence.

Document ID
doc-mi6-2026-09-30-meeting
Published UTC
2026-09-30T00:53:04+00:00
Projects
bullabulling
Commodities
gold
Open original source ↗
2026 Annual Report to ShareholdersResults · HighPartial

Retained issuer release; factual evidence screened through prepared V8 pages. Core valuation tables rechecked in this run; unused image appendices are not numeric evidence.

Document ID
doc-mi6-2026-09-30-annual2026
Published UTC
2026-09-30T03:41:15+00:00
Projects
bullabulling
Commodities
gold
Open original source ↗
Presentation - Mining Forum Americas 2026Presentation · MediumPartial

Retained issuer release; factual evidence screened through prepared V8 pages. Core valuation tables rechecked in this run; unused image appendices are not numeric evidence.

Document ID
doc-mi6-2026-09-28-presentation
Published UTC
2026-09-27T22:37:29+00:00
Projects
bullabulling
Commodities
gold
Open original source ↗
$250m Placement Funds Bullabulling Gold Project DevelopmentFinancing · HighPartial

Retained issuer release; factual evidence screened through prepared V8 pages. Core valuation tables rechecked in this run; unused image appendices are not numeric evidence.

Document ID
doc-mi6-2026-09-16-placement
Published UTC
2026-09-15T23:37:19+00:00
Projects
bullabulling
Commodities
gold
Open original source ↗
Additional $200m Funding Agreed with Franco-NevadaEconomic Arrangement · HighPartial

Retained issuer release; factual evidence screened through prepared V8 pages. Core valuation tables rechecked in this run; unused image appendices are not numeric evidence.

Document ID
doc-mi6-2026-09-14-royalty
Published UTC
2026-09-13T23:47:30+00:00
Projects
bullabulling
Commodities
gold
Open original source ↗
Expanded Mining Lease Granted and Tenement AcquisitionsTransaction · MediumPartial

Retained issuer release; factual evidence screened through prepared V8 pages. Core valuation tables rechecked in this run; unused image appendices are not numeric evidence.

Document ID
doc-mi6-2026-08-28-tenure
Published UTC
2026-08-28T02:25:20+00:00
Projects
bullabulling
Commodities
gold
Open original source ↗
June 2026 Quarterly Activities and Cashflow ReportOperations · MediumPartial

Retained issuer release; factual evidence screened through prepared V8 pages. Core valuation tables rechecked in this run; unused image appendices are not numeric evidence.

Document ID
doc-mi6-2026-07-30-quarter2026-07-30
Published UTC
2026-07-29T22:32:54+00:00
Projects
bullabulling
Commodities
gold
Open original source ↗
Bullabulling PFS Confirms High-Margin, Large-Scale Gold MineStudy · HighPartial

Retained issuer release; factual evidence screened through prepared V8 pages. Core valuation tables rechecked in this run; unused image appendices are not numeric evidence.

Document ID
doc-mi6-2026-07-08-pfs
Published UTC
2026-07-07T23:47:48+00:00
Projects
bullabulling
Commodities
gold
Open original source ↗
March 2026 Quarterly Activities and Cashflow ReportOperations · MediumPartial

Retained issuer release; factual evidence screened through prepared V8 pages. Core valuation tables rechecked in this run; unused image appendices are not numeric evidence.

Document ID
doc-mi6-2026-04-28-quarter2026-04-28
Published UTC
2026-04-27T22:25:52+00:00
Projects
bullabulling
Commodities
gold
Open original source ↗
Half Year Accounts - 31 December 2025Results · MediumPartial

Retained issuer release; factual evidence screened through prepared V8 pages. Core valuation tables rechecked in this run; unused image appendices are not numeric evidence.

Document ID
doc-mi6-2026-03-09-half2026-03-09
Published UTC
2026-03-09T08:11:44+00:00
Projects
bullabulling
Commodities
gold
Open original source ↗
Strategic Franco-Nevada funding agreementEconomic Arrangement · HighPartial

Primary source: original royalty security provisions. Publication date verified; exact release time unavailable, timestamps date-normalized at00UTC.

Document ID
doc-mi6-2026-02-23-royalty-original
Published UTC
2026-02-23T00:00:00+00:00
Projects
bullabulling
Commodities
gold
Open original source ↗
December 2025 Quarterly Activities and Cashflow ReportOperations · MediumPartial

Retained issuer release; factual evidence screened through prepared V8 pages. Core valuation tables rechecked in this run; unused image appendices are not numeric evidence.

Document ID
doc-mi6-2026-01-28-quarter2026-01-28
Published UTC
2026-01-27T21:40:47+00:00
Projects
bullabulling
Commodities
gold
Open original source ↗
September 2025 Quarterly Activities and Cashflow ReportOperations · MediumPartial

Retained issuer release; factual evidence screened through prepared V8 pages. Core valuation tables rechecked in this run; unused image appendices are not numeric evidence.

Document ID
doc-mi6-2025-10-29-quarter2025-10-29
Published UTC
2025-10-28T21:29:13+00:00
Projects
bullabulling
Commodities
gold
Open original source ↗
2025 Annual Report to ShareholdersResults · MediumPartial

Retained issuer release; factual evidence screened through prepared V8 pages. Core valuation tables rechecked in this run; unused image appendices are not numeric evidence.

Document ID
doc-mi6-2025-09-25-annual2025
Published UTC
2025-09-25T09:02:10+00:00
Projects
bullabulling
Commodities
gold
Open original source ↗
Quarterly Activities/Appendix 5B Cash Flow ReportOperations · MediumPartial

Retained issuer release; factual evidence screened through prepared V8 pages. Core valuation tables rechecked in this run; unused image appendices are not numeric evidence.

Document ID
doc-mi6-2025-07-29-quarter2025-07-29
Published UTC
2025-07-28T22:28:48+00:00
Projects
bullabulling
Commodities
gold
Open original source ↗
Quarterly Activities/Appendix 5B Cash Flow ReportOperations · MediumPartial

Retained issuer release; factual evidence screened through prepared V8 pages. Core valuation tables rechecked in this run; unused image appendices are not numeric evidence.

Document ID
doc-mi6-2025-04-30-quarter2025-04-30
Published UTC
2025-04-30T00:14:08+00:00
Projects
bullabulling
Commodities
gold
Open original source ↗
Half Year Accounts - 31 December 2024Results · MediumPartial

Retained issuer release; factual evidence screened through prepared V8 pages. Core valuation tables rechecked in this run; unused image appendices are not numeric evidence.

Document ID
doc-mi6-2025-03-14-half2025-03-14
Published UTC
2025-03-14T04:54:54+00:00
Projects
—
Commodities
gold
Open original source ↗
Quarterly Activities/Appendix 5B Cash Flow ReportOperations · MediumPartial

Retained issuer release; factual evidence screened through prepared V8 pages. Core valuation tables rechecked in this run; unused image appendices are not numeric evidence.

Document ID
doc-mi6-2025-01-29-quarter2025-01-29
Published UTC
2025-01-29T00:36:06+00:00
Projects
—
Commodities
gold
Open original source ↗
Evidence facts23
mi6-drill-highBacchus BBRD0538 intercept: 1.1m at 290g/t Au from 170m; estimated true width70-85%

1.1m @ 290g/t Au from 170m text

2026-10-13
mi6-meeting-dateTranche two shareholder approval meeting

2026-10-30 date

2026-09-30
mi6-shares-currentOrdinary shares issued after completed tranche one

2475216089 shares

2026-09-23
mi6-cash-juneCash and equivalents

96281000 AUD

2026-06-30
mi6-deposits-juneShort-term deposits greater than three months

115000000 AUD

2026-06-30
mi6-npatStatutory NPAT includes royalty sale income

83483000 AUD

2026-06-30
mi6-royalty-incomeNonrecurring royalty-sale consideration income

170000000 AUD

2026-06-30
mi6-resource-totalBullabulling inclusive resource gold

6200000 oz

2026-07-08
mi6-resource-indicatedIndicated resource gold

4400000 oz

2026-07-08
mi6-reserveProbable reserve gold, subset of resource

2500000 oz

2026-07-08
mi6-pfs-npvPFS post tax NPV5 at assumed 1 April 2027 FID

2300000000 AUD

2026-07-08
mi6-liquid-cashReported existing cash balance including deposits, approximately

183000000 AUD

2026-09-14
mi6-preprod-fundingPFS preproduction capital requirement

855000000 AUD

2026-07-08
mi6-franco-royaltyAggregate Franco royalty after September amendment

3.9 %

2026-09-14
mi6-cash-2026-06-30Cash and equivalents excludes deposits over3months

96281000 AUD

2026-06-30
mi6-pfs-sensitivityNPV sensitivity at gold price minus/plus10%

A$1.7bn / A$2.8bn AUD

2026-07-08
mi6-cash-2026-03-31Cash and equivalents excludes deposits over3months

185121000 AUD

2026-03-31
mi6-cash-2025-12-31Cash and equivalents excludes deposits over3months

31170000 AUD

2025-12-31
mi6-cash-2025-09-30Cash and equivalents excludes deposits over3months

42551000 AUD

2025-09-30
mi6-cash-2025-06-30Cash and equivalents excludes deposits over3months

54382000 AUD

2025-06-30
mi6-cash-2025-03-31Cash and equivalents excludes deposits over3months

6011000 AUD

2025-03-31
mi6-cash-2024-12-31Cash and equivalents excludes deposits over3months

9171000 AUD

2024-12-31
mi6-cutoff-closeRaw ASX ordinary closing price

0.84 AUD/share

2026-10-13
Conflicts requiring judgment1
  • Franco royalty rate

    The September amendment supersedes July royalty terms: 3.90% FNV royalty governs the current model. The PFS resource, reserve and capital remain factual study observations.